In this Cary Spotlight Issue…

💭Spotlight Hook Trivia

🏡 Cary Real Estate: Properties Sold in Cary Last Week

🏡 U.S. Trends in Mortgage & Real Estate

💡 Opening Doors to Reliability: ProLift Garage Doors’ Commitment to Cary Homeowners

💡 Exclusive Offer: ProLift Garage Doors

This is the Real Estate Edition: local news and events will be back on Tuesday.

Dear Reader,

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Chris Coetzer
Founder/Publisher
Cary Spotlight

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Properties Sold in Cary, NC for Week of 31 March 2024 (Data source: Redfin)

Property Type: Single Family Residential.

There were 30 properties sold in Cary, NC during the past week. Please note that we exclude land sales and townhouses. Here are a few statistics based on the sales from this past week:

The average price for all properties sold is $892,990

The average size in square feet for houses sold is 3,083

The average price per square foot for houses that sold is $285

The number of homes sold by Postal Code:

• 27511: 11 homes

• 27513: 2 homes

• 27518: 3 homes

• 27519: 14 homes

The properties are listed from highest SOLD PRICE to lowest:

Click on the address to view listing. We only listed the top 20 homes sold.

7021 Copperleaf Pl, Cary, NC 27519: Sold Price: $2,750,000 
Beds: 6 Baths: 6.5 Size: 7955 sqft

208 Glasgow Rd, Cary, NC 27511: Sold Price: $1,600,000 
Beds: 4 Baths: 4.5 Size: 4260 sqft

124 Urban Dr, Cary, NC 27511: Sold Price: $1,395,000 
Beds: 5 Baths: 4.5 Size: 4031 sqft

4009 Wilton Woods Pl, Cary, NC 27519: Sold Price: $1,250,000 
Beds: 5 Baths: 4.5 Size: 3721 sqft

102 Meadowvale Cir, Cary, NC 27519: Sold Price: $1,195,000 
Beds: 4 Baths: 4.0 Size: 3878 sqft

114 Level Ridge Dr, Cary, NC 27519: Sold Price: $1,115,000 
Beds: 5 Baths: 4.0 Size: 3990 sqft

1217 Magnolia Bend Loop, Cary, NC 27519: Sold Price: $1,111,500 
Beds: 5 Baths: 4.5 Size: 4085 sqft

117 Kelekent Ln, Cary, NC 27518: Sold Price: $1,015,000 
Beds: 4 Baths: 2.5 Size: 3695 sqft

553 Crooked Pine Dr, Cary, NC 27519: Sold Price: $910,195 
Beds: 4 Baths: 3.0 Size: 3287 sqft

112 Cupola Chase Way, Cary, NC 27519: Sold Price: $905,000 
Beds: 4 Baths: 2.5 Size: 3740 sqft

7541 Mccrimmon Pkwy Pkwy, Cary, NC 27519: Sold Price: $897,000 
Beds: 4 Baths: 4.5 Size: 3762 sqft

111 Loch Haven Ln, Cary, NC 27518: Sold Price: $885,000 
Beds: 4 Baths: 4.0 Size: 3558 sqft

214 Lewey Brook Dr, Cary, NC 27519: Sold Price: $825,000 
Beds: 4 Baths: 2.5 Size: 2960 sqft

403 Chandler Grant Dr, Cary, NC 27519: Sold Price: $820,000 
Beds: 4 Baths: 5.0 Size: 3020 sqft

102 Juliet Cir, Cary, NC 27513: Sold Price: $810,000 
Beds: 4 Baths: 2.5 Size: 3092 sqft

122 Beckingham Loop, Cary, NC 27519: Sold Price: $800,000 
Beds: 3 Baths: 2.5 Size: 2791 sqft

107 Picardy Village Pl, Cary, NC 27511: Sold Price: $779,500 
Beds: 4 Baths: 3.0 Size: 2751 sqft

313 King George Loop, Cary, NC 27511: Sold Price: $760,000 
Beds: 4 Baths: 2.5 Size: 2569 sqft

203 W Green Forest Dr, Cary, NC 27518: Sold Price: $751,000 
Beds: 3 Baths: 2.5 Size: 2277 sqft

511 Commons Walk Cir, Cary, NC 27519: Sold Price: $721,000 
Beds: 3 Baths: 2.5 Size: 2702 sqft

Click Here For the Full List of All Properties Sold Last Week

U.S. Trends in Mortgage & Real Estate

Here's a summary of the latest information on mortgage rates and real estate market trends in the United States, based on national news stories:

1. Mortgage Rate Trends: Mortgage rates have shown minimal movement, indicating a period of stability or what could be termed a "near-record setting week for boredom" among mortgage rate watchers. For instance, as of a recent update, the 30-year fixed mortgage rate stood at 6.91%, the 15-year fixed rate was at 6.48%, and the 30-year jumbo rate at 7.29%. These figures highlight a slight variation within the mortgage market, with rates ranging across different mortgage types showing minor adjustments either up or down Read Source.
   

2. Real Estate Trends: Looking ahead into 2024, there is a blend of optimism and caution regarding mortgage rates and the housing market. Experts from Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors predict that the 30-year mortgage rate might fall to below 7% in the second half of 2024. Despite this potential decline, it's expected that rates will still end the year above 6%, indicating that the era of very low-interest rates might not return anytime soon. This scenario is rooted in the broader economic context and past failures to predict rate rises, suggesting that while a downward trend may be likely, it won't herald a return to the historically low rates experienced between 2019 and 2022.
   Read Source
   

Opening Doors to Reliability: ProLift Garage Doors’ Commitment to Cary Homeowners

ProLift Garage Doors of Raleigh is redefining the concept of home service in the Triangle area with a unique blend of reliability, quality, and community involvement. Established four years ago, ProLift Garage Doors has quickly become a trusted service provider in the Cary community, known for its unwavering commitment to excellence and an exceptional customer experience.

At the helm of ProLift Garage Doors is Matt Whisenant, a seasoned leader with a deep-seated belief in the power of community and service. Whisenant's background in people development and operations management has propelled ProLift Garage Doors to the forefront of the home service industry, setting a new benchmark for garage door services.

ProLift's approach to service is characterized by its comprehensive maintenance plans and same-day service availability, ensuring homeowners are never left stranded with a garage door issue. This dedication to convenience is paralleled by a commitment to providing a plethora of options for homeowners, allowing them to make informed decisions tailored to their needs.

What sets ProLift Garage Doors apart is not just their expertise in garage doors but their involvement in the community. As proud sponsors of Kids Lift, ProLift shares its values of integrity, honesty, and collaboration, extending their mission to improve homes into nurturing the community. This alignment of business and personal values underscores ProLift's dedication to beautifying communities through both service and support.

Under Whisenant's leadership, ProLift Garage Doors has not only provided top-notch service but also fostered a culture of giving back. From sponsoring local initiatives to offering exclusive discounts to Cary Spotlight readers, ProLift's engagement with the community goes beyond mere business transactions.

Matt is a graduate of the University of North Carolina and a joint owner of the Green Bay Packers (one of 361,000). He loves pulling for the Heels, the Packers, any of our many United States National Teams.

Clients of ProLift rave about their experiences, highlighting the company's punctuality, professionalism, and unparalleled knowledge of garage doors. Testimonials from satisfied customers like Jeff and Jacob Arnhalt commend the smooth installation process and the quiet elegance of their new garage doors, further cementing ProLift Garage Doors’ reputation as a leader in home improvement services.

As ProLift Garage Doors continues to grow and serve the Cary community, their story is one of innovation, quality service, and a profound commitment to making a difference. With future plans that promise continued excellence and community support, ProLift is not just opening garage doors but also the doors to a stronger, more connected community.

Learn more at their website: https://www.proliftdoors.com/raleigh/
Call: (919) 808-4131

🔥Exclusive Discount offer🔥: Till the end of May, we are offering $25 off any service and $200 off any new door install to all Cary Spotlight readers. Just mention Cary Spotlight to your certified technician.

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