Hickey Home Team - Mike Hickey

11/28/2017

Updated jumbo loan limits for 2018. Loan limit for 1 unit will be increased from $424,100 to $453,100!

03/18/2017

Please enjoy our new listing in Chapel Hill. Just listed!

Lovely 5 bedroom Traditional home with walkout basement.

12/01/2016

Here are some great links to help you with the FHA loan limits for each county (some have recently changed), and also the link to the USDA site to find out if a home is in an eligible area. Remember USDA have loan limit too.

http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
USDA

https://www.fha.com/lending_limits_state?state=NORTH%20CAROLINA
FHA

This site is used to determine eligibility for certain USDA loan programs. In order to be eligible for many USDA loans, household income must meet certain guidelines. Also, the home to be purchased must be located in an eligible rural area as defined by USDA. To learn more about USDA home loan progr...

02/16/2016

TMLS Market Trends for the Triangle - January 2016

The natural ending point that is each December gives way every year to the optimism of January. This is particularly pronounced when the economy is strong and economists across the land are predicting increases in both prices and home sales. Granted, there has been some measured language surrounding the positive thinking. Although we are looking forward to a mostly decent year in real estate, it should be the kind of activity akin to a sure and steady life being lived rather than the jolt of a lottery win, which is just the way we want it.

Closed sales increased 10.1 percent to 1,916 units. New Listings in the Triangle region decreased 8.7 percent to 2,945. Under Contract Sales were up 4.7 percent to 2,542. Inventory levels fell 16.0 percent to 8,067 units.

Prices continued to gain traction. The Median Sales Price increased 10.5 percent to $215,520. Days on Market was down 11.0 percent to 65 days. Sellers were encouraged as Months Supply of Inventory was down 21.6 percent to 2.9 months.

Other than the change of another month and year, little else is changed in residential real estate both nationally and locally. Unemployment is solidly about the same, housing metric trends are running about the same for now and the sunny outlook is still at about high noon. Same is the sound of 2016, so get curled up and comfy with the song, because we are likely to sing it a lot this year.

11/10/2015

New Listing in Downtown Pittsboro, NC 74 +/- acres

* Great location only 1 mile from traffic circle
* Certainly in the path of progress
* Large farm to the north in an agricultural conservation area

Property slopes gently away from road to the Robeson Creek which runs along the property line. Perfect for residential development. Septic needed, water nearby, well needed. Planning says density is 1.5 acre per lot.

Property is located on the northwest corner of the intersection of Alston Chapel Road and Old Goldston Road. Property then extends west along Alston Chapel.

11/03/2015

Good Morning Chapel Hill, it's time to get up and vote. We like Pam Hemminger for Mayor. Her plan for controlled growth just makes sense.

11/02/2015

Thanks Ron & Linda for the Soul food. We enjoyed the evening with you & your family. Happy 1st year in your home.

10/29/2015

Best class of the year if you are looking for a purposeful 2016.

This clinic focuses on the four key business models: Economic Lead Generation Budget Organizational The course is designed to help you implement systems to set up your business for next year. Learn how to focus your efforts on the key activities that will make a difference in your growth. IN THIS CO…

10/28/2015

If you haven't seen the new digs yet, please stop by. We are having fun and selling some real estate today!