There is a lot of buzz among Greensboro residents, and the entire Triad area for that matter. We are all extremely excited about the new venue for our PGA Tour golf tournament, the Wyndham Championship. For the first time since 1976, the tournament will be played at the Sedgefield Country Club on its recently renovated Donald Ross designed golf course. I thought I would share with you some of the homes in and around the Sedgefield community that are currently for sale. Also note that many of these homes are located between the Sedgefield community and the Grandover Resort which also has two wonderful golf courses and some beautiful homes as well. Yes there are some rather high end homes on and around the course, but as you will see, there are also some very reasonable priced homes as we... 07/25/2008

The Women's Resource Center of Greensboro is throwing the 7th Annual Men Can Cook Fundraiser.  So we gather 50 men from the Greensboro Triad area and dazzle the crowd with our culinary prowess.  A Silent Auction, and a Chef Cook off are just part of the show.  So at the Greensboro Coliseum on Saturday, August 2nd I get to be one of the fifty showing our various culinary skills.  I am just rather torn as to what to prepare.  I have thought maybe mini cheesecakes and an entree of some type.  Now I have to prepare enough for 400 people.  Now my thoughts on the cheesecakes are two of my best sellers of Mandarin Grand Marnier Cheesecake or Frangelico Chocolate Cheesecake.  I have thought about one of my versions shrimp and grits.  Most likely the Louisiana red clam sauce version with red and... 07/21/2008

The Kirkwood neighborhood is one of the older established communities within the metro area of Greensboro.  On quiet streets these adorable little homes thrive with young families and older residents that take care of their area with pride.   The residents walk their children and their pets through the quiet streets and stop and talk with their neighbors just like neighborhoods use to be. Recently Walgreens decided to try and put one of their twenty-four hour stores on the outside corner of this thriving neighborhood by way of slipping in because of the cities future use plan for the corridor along Lawndale drive.  The city of Greensboro had put as a future use commercial.  Well Walgreens thought they could then buy up some homesites and then flatten them for their store.  But, they had... 07/16/2008

  "It’s a Great Time To Buy Real Estate In Greensboro NC!”  Selection, Selection, Selection. Just a few years ago the resale inventory in Greensboro NC dropped so low that a buyer was forced to make compromises if they were going to locate the home of their  dreams. Regardless of the price range a buyer desires, there are plenty of houses from which to choose. There is a great selection of attached homes, condos, and townhouses. You can find large lots, small lots, or lots that can accommodate your boat or RV. There are lots of options in this market. No Bidding Wars. In the recent past, clients were forced to make offers on multiple properties due to the 'feeding frenzy' that existed. Other buyers would bid the properties up substantially from the original listing price. There were esc... 07/15/2008

Proehlific Park is now open!  Ricky Proehl of the Carolina Panthers has opened a state of the art sports facility for the youth of Greensboro.  On Jessup Grove Road in Northern Greensboro a brand new sports training facility for just kids has emerged.  There is 60,000 square feet of training space for indoor activities.  This includes a full size 70 yard indoor turf field, three basketball courts and volleyball courts, a weight room and an academic center.  You see Ricky does not just want to train these kids he wants them ready for college.  Then you have the outdoor areas of 3 baseball fields, 3 more multi-use fields a concession stand a nd a picnic area.  Of course for the real small ones there is a playground. Don't worry parent Mr. Proehl did not forget you.  He offers free Wi-Fi f... 07/14/2008

I live and work in Irving Park here in Greensboro, North Carolina and truly love the feeling and serenity of a well established solid neighborhood.  A peaceful setting nestled around the Greensboro Country Club just minutes from everything.  This is a place where we all walk our dogs, go running, walking, or biking on all then slow paced wide streets and greenways with fantastic homes all around. When most everyone else has seen some drop in home values we have escaped the turmoil that seems rampant in most major metropolitan areas.  The homes here in Old Irving Park are mostly older homes that stand tall an proud on large well maintained lots.  These homes range from stately manors whose value is in the millions to extremely nice smaller homes as low as in the $200,000 arena.  I have s... 07/14/2008

With First Quarter Results in, Purchasing Real Estate In Greensboro NC Still Makes Good Sense. Updated July 2008  With almost 800 homes sold (closed) in the first quarter of 2008, it reflects a 22% drop from this point in 2007 and a 5% drop from the 4th quarter of 2007.  There were 2486 homes on the market (currently 2675, a slight increase), which at the current rate represents just over a 12 month supply of inventory.  Meaning that if no other homes came on the market, it would take us 12 months to sell what we currently have for sale.  The average sales price was $188,619.  In 2007 there were just under 3500 houses sold, with an average of 92 days on market, sold for 93% of what it was listed for, was 2104 sf, had 1.5 floors, 2.4 baths, 1.8 garages, was 23 years old and 76% were in t... 07/11/2008

  To show a passionate side of Greensboro there are many places to look.  One that I know of personally and am involved with is the Greyhound Friends of North Carolina.  We have satellite facilities across the state but, our main kennel is right outside Greensboro in the wonderful suburb of Oak Ridge.   We can house up to forty of these "gentle giants".  I personally have four of these wonderfully gentle creatures.  As you can see here Dusty my first hound loves playing with my youngest.                             These hounds are amazingly loving even after what some of them have been through.  They are raised in a loveless environment with only one thing on their owner's mind RUN!  Then to further dispel more myths they are not hyper dogs. They are sprinters so they would prefer just... 07/10/2008

50 Reasons to MOVE to Greensboro, North Carolina!   Greensboro is Family Friendly! We have over 5 Top Rated Universities within a 30 mile radius! We support local Artists & Filmmakers! There are 2+ Local Farmer's Markets to encourage purchasing locally! We have TERRIFIC shopping, with large local Malls & Shopping Villages! Our Downtown is on FIRE with the New Center City Park! The local Nightlife has something for Everyone! We have a Great NEW Baseball Field & Thirsty Thursdays with $1 Beers! We are GROWING Every Day! Our Airport is Conveniently located & Flies ALL Over the US! Property Taxes are set at a Fair Amount! We just had our 200th Birthday & Still look Terrific! Property Values Appreciated 4.9% this YEAR! Investment Properties are Renting VERY well! (Hooray for Cash Flow)! We w... 07/09/2008

27410 in Greensboro was the "most wanted" area for June Home Sales in Greensboro, having almost 30% of the homes sold for the month. Closed Home Sales: 101Average List Price: $233,165Average Sell Price: $225,209Average Days on Market: 68This area is unique and above average for the city as a whole and offers something for just about every buyer who wants to "live in the city" limits. You can get a condo in the $70,000 range or go a couple of miles and get a grand home in a country club setting for $3,000,000. The Most Typical Home is a traditional with 2300 SF, 3 BR, 2.5 Bath built in the last 30 years.There are currently over 500 homes for sale in 27410 as of this writing. Click Here to take a look. 07/09/2008

Our July Real Estate Newsletter has been published and I wanted to share the highlights with you. Our Newsletter is full of interesting and useful information that I think you will enjoy whether you are a buyer, seller, homeowner, or renter.This month's issue includes topics such as: Sell Faster When You Understand The Buyers Mindset What You Should Know About A Buyer's Market Investor Report: Section 1031 Paint The Perfect Sale Grill Burgers, Not Your Home Home Sales May Rise Modestly Before Upturn in Second Half Of 2008 Plus a roundup of June real estate activity as well as much more advice and information.I hope you enjoy this monthly newsletter. If you have any comments, please e-mail them to me. Or, if you would like to see a certain topic covered in future months, let me know that... 07/02/2008

A look at the numbers for June, show that we are definitely in a Buyers Market in the Greensboro area. If you are in the market to buy a home this is great news for you! If you're seriously thinking about selling your home or you already have your home on the market and you're seriously ready to sell, then you need to make sure you price it correctly for the current market. With an active inventory of over 4900 Listings in Guilford County and only a little over 650 homes selling (closing) per month since March, you have to make sure your home is priced right and ready to sell! What was hot in June? Homes selling between $100,000 & $200,000 accounted for 45% of the sales in the Greensboro area with an average of 80 days on the market and a list to sale ratio of 97.5%. June 2008 Stats... ... 07/02/2008

The Bennett Group constantly monitors our local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Greensboro real estate statistics for the 2nd week of June 2008. These Greensboro Market Statistics include all of Guilford County including High Point, Oak Ridge and Summerfield. New Listings: 217 Existing Homes: 208 New Construction: 9 Listed homes going under contract: 124Listed homes closing (sold): 66Listed homes expiring: 54Listed homes withdrawn: 46Average Days on Market for Active Listings: 133Average List Price for Single Family Homes: $242,000 Are you thinking of selling your Greensboro/Guilford County home? Take a look at our Advantage Listing Home Marketing System. Find the value of your home with a free over-the-net hom... 06/17/2008

The Bennett Group constantly monitors our local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Greensboro real estate statistics for the 1st week of June 2008. These Greensboro Market Statistics include all of Guilford County including High Point, Oak Ridge and Summerfield. New homes on the market: 213Number of homes under contract: 146Number of homes closed (sold): 47Number of homes expiring: 68Average Days on Market for Active Listings: 132 Are you thinking of selling your Greensboro/Guilford County home? Take a look at our Advantage Listing Home Marketing System. Find the value of your home with a free over-the-net home evaluation, please visit: www.TheBennettGroup.com Are you searching for a new home in Greensboro or the ... 06/10/2008

I see those ads everyday one place or another... TV, Internet, Newspaper, etc., spouting "Foreclosures in your area from $10,000!". So I decided to take a snapshot in time today and see what the savvy investor can get for 10K in the Greensboro/Guilford County area.  As a note of reference we have been listing foreclosures for Freddie Mac and BB&T for over 4 years. And yes we have sold two homes for less than 10K, about 2 years ago. Well not to my surprise, (today), there were no foreclosures active in the MLS for 10K or less, but there were 3 listed under 20K, starting at 14K. There are 24 listed from 24K to 50K. Also a search of homes closing for 10K or less over the last year, only produced 7 homes. So when you do find these homes at 50K or less, are they really "bargains" or good buy... 06/06/2008

Well the media thinks that the real estate market is in the tank. The only problem with that statement is that in the Greensboro Triad area is not experiencing the same downturn as in other parts of the country. According to the Triad's multiple listing service data the average sale price for homes in this area has actually gone up in the last year with no significant change in days on market (days on market being how many days a home has been listed for sale). A recent New York Times article quotes Douglas Fenichel of Hovnanian Homes as stating "that when a home is priced properly, people will buy," showing that nothing is as it seems. Basically it is great time for people to be moving up in home size and buying a house anywhere from 20 to 30 or even 40 percent larger than their presen... 06/02/2008

The Bennett Group constantly monitors our local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Greensboro real estate statistics for the 4th week of May.. New homes on the market: 89Number of homes under contract: 64Number of homes closed (sold): 64Number of homes expiring: 102Avg Days on Market: 131 Are you thinking of selling your Greensboro/Guilford County home? Take a look at our Advantage Listing Home Marketing System. Find the value of your home with a free over-the-net home evaluation, please visit: www.TheBennettGroup.com Are you searching for a new home in Greensboro or the surrounding area?  Click here to use our Home Search Tool. Get access to all of the current listings in the Greensboro/Triad area Would you like ... 06/02/2008

The Bennett Group constantly monitors our local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find Greensboro real estate statistics for the 3rdh week of May..   New homes on the market: 169Number of homes under contract: 76Number of homes closed (sold): 71Number of homes expiring: 15Avg Days on Market: 134 Are you thinking of selling your Greensboro/Guilford County home? Take a look at our Advantage Listing Home Marketing System. Find the value of your home with a free over-the-net home evaluation, please visit: www.TheBennettGroup.com Are you searching for a new home in Greensboro or the surrounding area?  Click here to use our Home Search Tool. Get access to all of the current listings in the Greensboro/Triad area Would you li... 05/31/2008

Hello all, Ok I am going to pose a question. How to sell a home in a down market? Now granted this is an isolated incident but, one I feel I will repeat often. I just had a nice little townhome listed. After speaking with the owner we agreed he did not want to sit on it. After pulling the comps we came up with a price that was 3% below market value. Then we added some incentives of some closing costs and a home warranty. Now we are sitting back and watching the excitement. Face it folks we know it is a buyers market right now. So we know there are buyers out there. We have had six different buyers come through. We have two more appointments on the books and one offer already on the table. I have been told there are more coming. So let's look at the results of The Price is Right. Of cour... 05/29/2008

  Homeowner Tips:  Accelerated Mortgage Payoff Options As of late, I have had several clients ask about ways of getting their mortgages paid off early or at least earlier than scheduled.  Now   the first thing that comes to the minds of most is "hit the lottery" or "marry into some $", but before you go to those extremes, there  are viable options for you to explore if you are serious about having you mortgage paid off earlier than the scheduled date. Currently, a vast majority of mortgages are amortized over a 30-year term.  Therefore, the examples I use will be based on a 30-year loan.  FYI, the same principles and procedures apply to a 15-year mortgage, but your time frames will adjust accordingly.  Furthermore, just to review, in a traditional mortgage payment set up, the payment is... 05/13/2008