Industry News


Triangle Market Update: The Skies Are Blue

Spring time is a lovely time in North Carolina’s Triangle region. For the most part, humidity is low, the skies are blue and the sun is bright. It’s also an opportune time to check in with our local housing market. 

A bird’s eye view shows all numbers going up, except, of course, the numbers you want to go down, like days on the market. Unlike most weather predictions, those who predicted the Triangle’s continued housing market success got it 100% right. 

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Springtime = Lawn Time. Let the Fun Begin!

A soft, lush green lawn—it reminds us of carefree afternoons, playing in the yard and soaking up the sun. For some, working in the yard is a pleasant escape and for others, it’s not so pleasant.

No matter your relationship with your lawn, most people enjoy the results of a well-manicured lawn and strive towards that perfection yearly. Spring time is go time for caring for your lawn, and it’s always helpful to have a plan. Below are important steps to take for ultimate lawn success. 

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Reap the Benefits of Home Ownership in Tax Season

Owning a home creates a haven where dinners are prepared, families are connected and memories are created. But as you may know, owning a home costs money. Fortunately, homeowner tax breaks exist to help with the expense. To literally cash in on these perks, working on your taxes becomes more complicated. You will need to utilize a Form 1040 and Schedule A, so you can itemize. However, the effort to itemize is well worth the savings earned at tax time. 

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Design Trends: Kitchens, Exteriors, and More

At Fuller, we embrace the latest design trends while staying rooted in what we do best, constructing custom and semi-custom-built homes to the highest set of standards. After reviewing multiple 2017 Design Trends resources, we’re assured our team has entered the year on point. Kitchens lead the way in setting design, especially as wide-open spaces and focus on home flow continue to dictate overall home design. Emphasis on the home’s exterior and green living continue to influence design choices while homeowners find new ways to splurge.

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Complete 540 Project: Sooner or Later?

Familiar with either I-540 or NC 540? For readers who sit in traffic on one of these roads every day, they may be too familiar. But the proposed “Complete 540” project hopes to ease travelers’ traffic pains. While the plan is in motion, some influences want it to happen faster.

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Tesla and Solar Shingles

Tesla shareholders recently approved the acquisition of SolarCity, the nation's largest manufacturing and installer of solar panels. If Tesla manages to create the money saving, high efficiency roofing system they are promising, it may be a whole new world for solar power. 

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Residential Real Estate Forecast

The 2017 national real estate market is predicted to moderately slow moderately as compared to the last two years, according to Realtor.com®. Home prices are anticipated to slow to a 4 percent increase, down from 5 percent in 2016, and interest rates are expected to reach 4.5 percent in the year ahead.

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Hempstead at Beaver Creek Phase Two Development Nears Completion

Fuller Land & Development developed the first phase of Hempstead at Beaver Creek subdivision for NVR/ Mountain Real Estate Capital and Ryan Homes. The first phase consisted of fifty (50) townhome lots, platted in November of 2015. Site work construction on the second phase of seventy-six (76) lots is scheduled for completion by November 2016.

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Growth in Johnston County Housing Market

According to the Triangle Multiple Listing Service's Local Market Update, Johnston County has seen a substantial increase in new listings, closed listings and sales prices in 2015. The number of days in the market for a Johnston County home has decreased over 23% and homes will become increasingly hard to find as inventory has dropped over 21% from last year, down to a 3.2 month supply.

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The New TRID - TILA-RESPA Integrated Disclosure

The Consumer Financial Protection Bureau instituted new rules regarding disclosures under the Truth In Lending Act and the Real Estate Settlement Procedure Act that will affect all mortgage applications and real estate settlements. These changes were to take place on August 1, 2015, but were delayed until October 3, 2015 to allow for the industry to be better prepared.

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Triangle Land Forecast Outlook

All "dirt dogs" have the same question as 2015 gets underway: "What's in store for the Triangle when it comes to buying and selling finished lots and entitled land?" Here's our take.

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Raleigh Named Best City for Raising a Family

Forbes.com ranked Raleigh as the Best City in America for Raising a Family. Raleigh has an economic base led by banking and finance which has made it one of America's fastest growing cities.

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