vol 2 issue 2a peak swirles & cavallito properties

DURHAM & CHAPEL HILL, NCFeaturing Properties in Durham, Orange, Chatham, Wake and Alamance Counties

PeakSwirlesCavallito

P R O P E R T I E S&

BRINGING YOUR FAMILY HOMEBRINGING YOUR FAMILY HOME TMTM

Search available Triangle properties online at

www.pscp.com

Volume 2 Issue 2A

See 1 for this Great Home and Horse Farm - 2420 Jonquil Trail

88862.2.2.001:0800 11/9/11 4:35 PM Page 1

Bob JamiesonCell (910) [email protected]

All Signs Point to YesDo you remember the magic eight ball that youcould turn upside down for the answer to anyquestion you asked? For me, the answer thatoften floated to the window was, “All SignsPoint to Yes”. If buyers who are on the fencewant to know whether now is a good time tobuy, turn that eight ball upside down or keepreading. For months there have been severalstrong signs pointing to “yes”...low interestrates, a shrinking inventory of homes, and lowersale prices. Unfortunately the fear of job loss,talk of failing economies and tighter loan condi-tions have kept many on the sidelines. Somejust want to make sure they buy at the absolutebottom of the market, but few are so lucky.While others wait, a number of smart investorshave already begun buying up rentable houses,often with cash. Builders have also venturedforth, but with more caution and holding fewerhomes in inventory.The one market indicator that still defies a turn-around is “increasing days on market”. One rea-son why that number remains high is becausethere are many sellers, especially in the higherprice ranges, who resist pricing to the currentmarket. Houses priced to today’s market areselling reasonably fast, while those priced as if itwas 2007 are keeping the DOM numbers elevat-ed. If there is one overriding reason why now isa good time to buy, it is the all time low interestrate hovering around 4%. 5 maybe 10 yearsfrom now, most of us will wonder why we didnot buy when the rates were in the high 3%range. The fear of loss often wins out over thecourage to seize the opportunity. Did the eightball ever say, “Nothing ventured, nothinggained”?



BROKER’S BRIEFBROKER’S BRIEF

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5102 Durham-Chapel Hill Blvd., Suite 100 Durham, NC 27707

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PEAK SWIRLES & C AVALLITO PROPERTIES

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1027 ROSEDALEAVENUE-LYONS PARK

Great home for investoror first time home

buyer. Close to Duke.

$62,000MLS/ID:1783565

223 TWIN OAK DRIVE-HIDDEN VALLEY

Well built3 bedroom/2 bath ranch.

Convenient location.Best Price in Durham!!

$99,000MLS/ID:1804849

600 AUDOBON LAKEDRIVE, #7A32-BRANDONRIDGE SPRING HILL

New paint, carpet andvinyl in this

2 bedroom/2bath condo.Spacious family room

with fireplace.Great location!!

$74,900MLS/ID:1809047

3534 RAWDON DRIVE-VILLAGES OF CORNWALLIS

Spacious, sunny, endunit townhome that ismove in ready! Vaulted

ceiling, built inbookcase, wood burningfireplace. Private deck.

$99,900MLS/ID:1805537

220 ELIZABETH STREET,UNIT D2-VILLAGE GREEN

Condo with largebedrooms and closets.Remodeled kitchen with

new cabinets.Upgraded windows anddoors. Great location.

$113,000MLS/ID:1781996

4011 KILDRUMMY DRIVE-TYNDRUM

Wonderful large lotneighborhood with easyaccess to Duke. Accessto Duke Forest trails.Low county taxes.

$125,000MLS/ID:1804539

2 APPLEWOOD SQUARE-WOODCROFT

One story very cute2 bedroom, 2 bath

townhome with greatlight. Huge great room

with fireplace.Large master.

$125,000MLS/ID:1778292

2515 CHAPEL HILL ROAD-LAKEWOOD

Delightful 1942 cottage.2 main floor bedrooms.Separate dining room.Garage. Great location.

$134,900MLS/ID:1751257

2701 ASHLEY STREET-LOCKELAND

Mid Century style withreclaimed local historiccomponents. Ideal forthe buyer wishing to

preserve the classic withjust a few cosmetic

updates!!

$135,000MLS/ID:1805760

3313 OLD CHAPEL HILLROAD-MOSSDALE

Adorable 2 largebedroom bungalow.Formal dining room.Great open kitchen.

Front porch. Partiallyfenced yard.

$149,000MLS/ID:1806750

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www.pscp.comyour dream home is just a click away. . .

check out our site’s great features!

Ability to search every listing in the entire 16 county area ofthe multiple listing service

•

Saved searches and immediate updates to let you know when a new listing comes on the market

•

Multiple beautiful colorphotos for each listing

•

Visual tours of properties, when available

•

Detailed informationincluding price, roomdimensions, and specialfeatures

•

Access to surveys and additional documents,when available

•

Twitter notification for instantaneous updates from our real estate brokers

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Privacy, with no one contacting you unless additional information about a property is requested

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4141 BRENMAR LANE-HOPE VALLEY

Splendid light filledtownhome with detached

garage. Neutraldecor.Hardwood entry anddining room.Gas logs,SSAppliances.Shows like

model!!

$165,000MLS/ID:1805118

39 KINGSWOOD LANE-THE PRESERVE ATJORDAN LAKE

Picture perfect buildinglot on quiet cul-de-sacwith incredible view ongolf course. Idealpositions with little

traffic.

$192,000MLS/ID:1772544

226 WAXHAW DRIVE-NORTHERN DURHAM

Lovely 2100 SF brickhome on 1 acre lot.Beautiful hardwoodfloors and master

bedroom on main level.

$189,000MLS/ID:1775002

3200 STANFORD DRIVE-UNIVERSITY ESTATES

Comfortable and wellcared for home on a

large nicely landscapedlot. Fully fenced

backyard with lovelydeck.

$194,000MLS/ID:1779386

GLOVERS GROVECHURCH ROAD

Large tract ofhardwoods with

generous road frontage.Tranquil and quiet site.Sloped topography.

$200,000MLS/ID:1783090

400 W KNOX STREET-DUKE PARK

Updated/vintage 1950brick ranch in greatlocation. Site finishedhardwoods. Too manynew updates to list!!

$209,000MLS/ID:1783861

108 MONTROSE DRIVE- DUNBARTON

Darling Contemporary.Vaulted Ceilings,

hardwoods, fireplace!Deck, Patio & Garage.

$203,300MLS/ID:1725866

175 MONTROSE DRIVE-DUNBARTON

Move in Ready!!Completely renovated in2004. First floor master.

Living room hasfireplace andbookshelves.

$214,000MLS/ID:1758902

5417 FORTUNESRIDGE-WOODCROFT

Great style. New graniteand tile in kitchen andbaths. Neutral carpet

and paint. Garage, deck,large backyard.

$217,000MLS/ID: 1784810

4 DUNNHAVEN COURT-VANTAGE POINTE

Spacious, light-filledtransitional 4-bedroomhome with first floormaster and cathedral

ceilings.

$219,900MLS/ID:1807072

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Durhamite = Durham native.I grew up in the Duke Park neighborhood

which is also where I bought my first home.In 1998, my 2 sons and I moved North of theEno. As a mom I am passionate about mak-ing a life for my family. I work smart, I playhard and then I sleep. I get up and do it allover again. I have been told I have a south-ern accent. I don’t know about that, but Ihave a good sense of humor and communi-cate effectively. I’m dedicated to customercare and provide personalized professionalservice to all my clients.

Liz DeanCell: (919) [email protected]

Julian CultonCell: (919) 740-3333

[email protected]

Adam DickinsonCell: (919) 452-3751

[email protected]

Bob JamiesonCell: (919) 232-1893

[email protected]

Laurie JahnkeCell: (919) 614-4805

[email protected]

Liz GunselmanCell: (919) 225-4966

[email protected]

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18 INNISFREE DRIVE-INNISFREE

Great end unit bricktownhome. Cherrycabinets and butlerpantry in kitchen. Gasfireplace. New deck.Private courtyard.

$227,000MLS/ID:1783228

111 BLUEFIELD ROAD-PICKARD OAKS

End unit with a two storyopen floor plan that isfilled with natural light.Downstairs bedroom.

Private deck.

$269,900MLS/ID:1769546

403 TRIPP FARMROAD-FAIROAKS

Charming home in ideal,quiet location in ChapelHill/Carrboro next towalking trails.Pre-inspected.

$265,000MLS/ID:1799260

19 HARVEY PLACE-DUKE FOREST

Custom built home on.59 acres on private culde sac. Meticulouslymaintained home. Lotsof storage. Easy access

to Duke, UNC.

$285,000MLS/ID:1796307

3946 NOTTAWAYROAD-HOPE VALLEY

Wonderful opportunityfor large lot in HopeValley. (Can buy

adjacent lots for a totalof 3 acres).

$295,000MLS/ID:1677181

4205 FOREST EDGETRAIL-HOPE CREEK

Wonderful home with anopen floor plan in aterrific neighborhood.Rocking chair frontporch and screenedback porch overlooksfenced backyard.

$345,000MLS/ID:1771296

909 MONMOUTHAVENUE-TRINITY PARK

Terrific 1920’s homewith tons of originaldetails. Work withTrinity Design Build tocustomize this great

home.

$305,000MLS/ID:1808253

137 COFIELD CIRCLE-WELDON DOWNS

Floor plan features rearcovered courtyard,

2 story living room andwalk up attic. All brickexteriors, 2 car garage.

$372,900MLS/ID:1791245

8 SUPERIOR COURT-WOODLAKE

Custom built andimpeccably maintainedhome. Water views,screened porch,perfectly landscapedlot. Large light filled

kitchen.

$375,000MLS/ID:1804210

2709 DOGWOOD ROAD-DUKE FOREST

Wonderful home on 3/4acre on secluded, quietstreet. Hardwood

floors and huge rooms.Great for entertaining.Fresh paint. Double

porches.

$380,000MLS/ID:1804132

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www.pscp.com 919.419.1234

PEAK SWIRLES & CAVALLITO PROPERTIES

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1006 Shepherd Street$525,000 MLS# 1801558

Pretty Craftsman with Style!! Updated kitchen and baths. Refinished oak floors. Master

bedroom up and down. Large unfinished basement.



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Before Jenny began her career in real estate, sheworked in the banking industry and also was aninstructor in the world of high technology. Herwork provided a natural progression to the fieldof real estate where she is experienced in repre-senting both buyers and sellers. Because of herbackground, she has excelled in negotiation andin bringing transactions to a win-win close.

She enjoys the challenge of finding the perfectmatch for her clients in their search for their newhome and in helping her sellers present theirhomes in the best light possible for potentialbuyers. “My reward is a closing where everyonewalks away with a smile on their face I’m happyto say that I have always had that result, and itmakes me feel really good about what I what Ido.”

Jenny MacKayCell: (919) [email protected]

Marcia KessingerCell: (919) 730-3351

[email protected]

Tony MatthewsCell: (919) 475-8800

[email protected]

DJ ManiaceCell: (919) 616-2010

[email protected]

Doug NelsonCell: (919) 246-0325

[email protected]



Katie JoyceCell: (919) 619-0144

[email protected]

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1010 URBAN AVENUE-TRINITY PARK

Diamond in the rough!!Potentially fabulous

home filled with historicdetails. Over 3600

square feet onfirst 2 floors.

$400,000MLS/ID:1789403

2740 SPENCERSTREET-DUKE FOREST

Spacious interiors withgleaming oak floors,new carpet and paint.

3 fireplaces!

$475,000MLS/ID:1718944

3506 WESTOVERROAD-HOPE VALLEY

Classic one level homeon Hope Valley GolfCourse. Large roomsand flexible spaces.Large bedrooms.Great location.

$425,000MLS/ID:1778684

2420 JONQUIL TRAIL-MEBANE

Great opportunity forequestrian! Cape Codwith 2 masters. Hugefamily room. Porches,

patios and deckoverlook pond.

$555,000MLS/ID:1782691

3900 HOPE VALLEYROAD-HOPE VALLEY

Oasis on 1.4 acres.Immaculate, opentraditional with highceilings. Gorgeousupscale kitchen.

$575,000MLS/ID:1775569

2718 ARTHUR MINNIS-HILLSBOROUGH

Stone from themountains of NC framethis lovely tudor. 6 acres

of gated privacy10 minutes from

Chapel Hill.

$599,000MLS/ID:1775731

8932 SHIPWATCH DRIVE -SHIPWATCH/WILMINGTON, NC

Perfect family retreat,just 2 hours from

Triangle. Unbelievablewater views. Hardwood

and tile floors.

$587,500MLS/ID:1784222

601 QUAIL ROOSTFARM ROAD-HORSE

COUNTRY

Horse lover’s dream.3 board fencing, run inshelters, riding ring andtrails galore. Home is

energy efficient.

$600,000MLS/ID:1786593

3307 SURREY ROAD-HOPE VALLEY

Private, quiet elevated.77 acre site with view of7th and 8th fairways.Traditional design.Shows like a model.

$620,000MLS/ID:1790606

3812 DUNSINANEDRIVE-NEW HOPE

VALLEY

Great home for enter-taining. Huge family

room overlooksbackyard with cooking

area and patios.

$650,000MLS/ID:1783431

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“This is an exciting market to work in with itsunique properties and neighborhoods.”

Angela is a lifelong resident of Durham andgraduate of Durham Academy and MeredithCollege. Previously, Angela worked as an educa-tor and school director and is particularly talent-ed in working with first-time home buyers andfirst-time real estate investors.

“I love living in Durham with all that it has tooffer and know you will as well.”

Laura UpchurchCell: (919) 612-2266

[email protected]

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Michele WrightCell: (919) 672-5686

[email protected]

Angela SarvisCell: (919) [email protected]

Debbie WhiteCell: (919) 740-6970

[email protected]

Mary WibleCell: (919) 815-6628

[email protected]

Jane PhillipsCell: (919) 608-1407

[email protected]



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408 E FOREST HILLSBOULEVARD-FOREST HILLS

Exceptional propertyoverlooking park.

Gracious rooms open tostone patio for wonderfuloutdoor entertaining.

$675,000MLS/ID:1789441

912 ANDERSONSTREET-DUKE FOREST

Southern ColonialRevival near Duke

exudes classic charmand southern hospitality.

Versatile floor plan.

$745,000MLS/ID:1787811

4002 NOTTAWAYROAD-HOPE VALLEY

Two adjacent lots can bepurchased for a total of 3acres. House on propertyis in “as is” condition.

$700,000MLS/ID:1677185

3724 ST MARKS ROAD-HOPE VALLEY

Beautiful painted brickhome. Gorgeous

hardwoods, high ceilingsand 2 fireplaces.Fabulous sunroomoverlooks pool.

$745,000MLS/ID:1799328

1709 TISDALE STREET-DUKE FOREST

California contemporarysited on 1/2 acres.

4 bedrooms, 3.5 baths.Minutes to West

Campus.

$774,900MLS/ID:1792499

519 HOOPER LANE-HISTORIC DISTRICT

Charming vintage homewith beautiful

landscaped yard in theheart of Chapel Hill.Cypress siding, new

HVAC.

$990,000MLS/ID:1777536

6388 GUMWOOD ROAD

Picture perfect horse farmwith gorgeous Cape Codstyle home and impeccable

barn. Lovely, rollingpastures with pond.

Dressage arena, 6 stallbarn and equipment/haybarn. Board fencing.

$835,000MLS/ID:1802132

4600 OLD NC 86HIGHWAY-

HILLSBOROUGH

Amazing customfarmhouse on 34 acres.Large views, salt water

pool, establishedgardens. Possible

equestrian opportunity.

$1,995,000MLS/ID:1778608

2825 CHELSEA CIRCLE-HOPE VALLEY

This historical home hasbeen renovated withattention to detail.

Overlooking golf course.

$2,500,000MLS/ID:1746390

3430 DOVER ROAD-HOPE VALLEY

Magnificent6 bedrooms+ residenceon 2.5 woodland acres.Walled terrace with heatedpool. Everything yourheart could desire!!

$2,850,000MLS/ID:1775709

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Thank you for tak ing the t ime to look through our maga-z ine . We hope i t wi l l p rov ide you wi th a g l impse of thel o ca l r ea l e s t a t e ma r ke t and encou rage you abou t t h eTr iang le rea l es ta te marke t . The Tr iang le Mul t ip le L i s t ingServ ice (TMLS) repor t s tha t T r iang le rea l es ta te sa les con-t inue to increase and are up 11% from September 2010for proper t ies loca ted in the 16-coun ty are of the TMLS.( P e r c e n t a g e c h a n g e s a r e c ompa r i s o n s w i t h t h e p r i o ryear ’ s month un less o therwise no ted. ) C losed sa les con-t inued a three-month t rend in Sep tember to exceed sa lesf o r t h e s ame t ime f r ame i n 2010 . Sa l e s i n S ep t embe rw e r e u p 1 1 p e r c e n t o v e r S e p t em b e r 2 0 1 0 a n d J u l y ,Augu s t a nd S ep t embe r s h owed a 14 pe r c e n t i n c r e a s eo v e r t h e s am e t i m e l a s t y e a r . Wa k e ( 2 0% ) , O r a n g e(27%) and Chatham (41%) showed s t rong sa les increaseso v e r S ep t embe r o f 2010 ! P end i ng sa l e s ( h ome s unde rcon t rac t , bu t no t ye t c losed) a l so exceeded 2010 by 16percen t . Th i s mark s t he f i f t h con t i nuous mon th pend ings a l e s h a v e e x c e e d ed l a s t y e a r . T h e f i v e p r i o r mon t h sc omb i n ed r e f l e c t a n 18% i n c r ea s e o v e r t h e s ame t imef r am e i n 2 010 . T h e S e p t emb e r p e n d i n g s a l e s s h o u l dr e f l e c t a n i n c r e a s e i n c l o s e d s a l e s f o r Oc t ob e r wh i c hexceeds t he p r i o r sa l e s f o r t he same mon th . The se twopos i t i ve ind ica tors are a re f lec t ion of the ending of fed-era l tax incen t i ves tha t were in e f fec t th rough the f i r s t s ixmonths o f 2010.

Sa l e s p r i c e s f o r Sep t embe r d id show a s l i gh t dec r ea seove r 2010 wi t h t he Ave rage Sa l e s P r i c e down 1 .7% a t4 224 , 114 and t h e Med i a n S a l e s P r i c e d own 2 . 1% a t$185 ,000 . T h e Hou s i ng A f f o r dab i l i t y I ndex wa s a t i t sh i g h e s t l e v e l i n t h e pa s t 12 mon t h s a t 195 (A h i g h e rnumber means grea ter a f fordabi l i t y ) . Th i s i s an increaseof 11% over September 2010. (The index measures hous-i n g a f f o r d ab i l i t y f o r t h e r e g i o n and an i n d e x o f 120means the median househo ld income was 120 percen t o fwhat i s necessary to qua l i fy for the median-pr iced homeunder preva i l i ng in t e re s t ra t e s . ) We be l i eve the abovedata prov ided by the Tr iang le Mul t ip le L i s t ing Serv ice i sa pos i t i ve ind ica tor o f improv ing marke t t rends and lookf o rwa r d t o s e e i n g r e a l e s t a t e i n t h e G r ea t e r T r i a ng l eRegion have con t inued pos i t i ve improvement in 2012.

Whether you’ re th ink ing of buy ing or se l l ing , we’ re hereto prov ide knowledge, gu idance, counse l and negot ia t ingsk i l l s . Ca l l any of our agen t s a t 919-419-1234 for excep-t i ona l s k i l l s and v i s i on i n r ea l e s t a t e . V i s i t ou r v i r t ua lo f f i c e a t w w w . p s c p . c o m f o r t h e ab i l i t y t o s e a r c h t h een t i re 16-coun ty Mul t ip le L i s t ing Serv ice and to see won-der fu l l i s t ings . Check i t ou t today!

Cel l : (919) 612-3221

Cel l : (919) 475-8000

Cel l : (919) 357-6678

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The Last Word

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hey say, “A picture is worth a thousand words”. In real estate, pictures can be

worth thousands of dollars! In order to sell quickly/get top dollar for your

property you need to be prepared. You need to Stage! What is Staging?

Staging is more than de-cluttering, deep cleaning and making needed repairs. Staging

is showcasing the very things buyers are looking for; square footage, storage and the

lifestyle your house can provide. Staging enhances the strengths of your property.

Staging’s main goal is to make you money. Comments such as, “What beautiful

hardwood floors”, or “That view is to die

for!” or, better yet, “I could live here!”

is what Staging provides! Staging is not

decorating. Decorating markets the designer’s

talent. Staging markets the maximum value

of your house.

When hiring a Stager ask your Realtor for

their recommendation. Your Realtor will recommend a Stager they know to be

professional and effective. Confirm your Stager is insured. They will be handling your

treasured items and, unfortunately, accidents can happen. Ask to see their portfolio or

visit their website to see samples of their work. Confirm the photos are actual samples

of their work and not part of a press kit. If your property is vacant ask the Stager if they

provide Vacant services and carry their own inventory. Request a quote. Vacant Staging

often costs less than one month’s carrying costs! Pictures of empty rooms don’t create

the need to see a property. Staging does!

An experienced Stager will work with you and your

Realtor creating the best opportunity for you to sell

your home in the shortest time possible and for the

best price possible in any market. Staging works!

The world’s a stage...and it’s Show Time!

Bobbie McGrathASP, IAHSP, RESASuccessful Staging, LLCBoard Member Raleigh IAHSP Regional Chapter919.605.6588Bobbie@SuccessfulStaging.comwww.SuccessfulStaging.com

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www.pscp.comt 919.419.1234f 919.419.11025102 Durham-Ch.Hill Blvd.

Durham, NC 27707

We are seasoned real estate

brokers with extensive knowledge

of the Triangle home market and

the areas convenient to Duke,

UNC-Chapel Hill, and

the Research Triangle Park.

happy



5102 Durham-Chapel Hill Blvd. Durham, NC 27707

We deliver great results to our neighbors.

The measure of our success is our

expanding network of satisfied clients

who recommend us to their families,

friends, and colleagues.

clients

satisfied


We deliver great resultsto our neighbors.

We are seasoned real estate

brokers with extensive knowledge

of the Triangle home market and

the areas convenient to Duke,

UNC-Chapel Hill, and

the Research Triangle Park.

happy

The measure of our success is our

expanding network of satisfied clients

who recommend us to their families,

friends, and colleagues.

satisfied


www.pscp.com5102 Durham-Chapel Hill Blvd., Suite 100 Durham, NC 27707

919.419.1234

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vol 2 issue 2a peak swirles & cavallito properties

Documents

durham chapel hill

durhamchapel hill

great location

time low interestrate

pm page

time homebuyer

market indicator

isa good time