Tuesday, February 05, 2019

MIPIM, NCSPA and PTIA....what do they have in common?

Economic development in North Carolina and our region is alive and well.  There are assets in our state that most people do not pay much attention to but are ones that are vitally important for our function day-to-day lives and for our broad-based economy.  We wanted to highlight a couple in hopes you might help spread the word about them!

MIPIM - What on earth is this?  None other than the world's largest commercial, industrial and land trade show.   Jake Cashion is the Chairman of the NC Realtors Global Network and he will be a part of a small delegation that will be in Cannes, France working to attract investment and economic development to all parts of North Carolina.  This is an important opportunity for the state and we are excited about being a small part of it.

North Carolina State Ports - have you heard all of the great news coming out of Wilmington and Morehead City and even our inland ports, one of which is in Greensboro?  One may ask why this matters to those of us in the Triad area...well, the ports "link the state's consumers, businesses and industry to world markets, and serve as magnets to attract new business and industry to the State of North Carolina.  Port activities contribute statewide to 76,000 jobs and $700 million each year in state and local tax revenue."  They are doing a tremendous job at the NC State Ports and have recently brought in the largest post-Panamax ship to Wilmington in its history...also, they are bringing in two new cranes that are literally being "shipped" across the sea as we write this, so if you or your company need a good port of call, make sure to talk with the NC State Ports!

Piedmont Triad International Airport - when we think of airports, we mainly think about personal travel and those long TSA lines...however, in the Triad region is a true gem and they are working hard every day to not only have great passenger service with limited waiting times and wonderful customer experience, but diversifying by attracting businesses that literally need to be connected to a runway.  Because of this, the airport is seeing awesome growth and having a large contribution to our local and state economy.  Recently, they hired an expert named Rick Reed and his job is to continue to leverage the airports assets, and its 5700 aerospace jobs, its $5.8 billion in annual economic impact to build out almost 1000 acres of prime real estate.  Read more about Rick and his work in this Business NC article!

These awesome assets in North Carolina ALL contribute to our economy, our lives, and our ability to see job and business growth.  Its a great North Carolina day!






Tuesday, January 29, 2019

Will Kernersville Get A New Bed and Breakfast?

We've had a wonderful historic home listed in downtown Kernersville.  There have been a number of interested parties to date.  Recently, however, it went under contract.  The new buyers want to turn it into a Bed and Breakfast and have taken the necessary steps to do just that.

To do this however, approval by the Kernersville Board of Adjustment is needed.  We are excited to have been a part of this important process...our team and the buyers/sellers were able to combine knowledge, skill sets, experience and governmental understanding in order to lead and work the process.  Thankfully, the town sees this as a positive investment as well as the Board of Adjustment.  We were thrilled that the new buyers received a unanimous vote in the affirmative from the Board.

Stayed tuned...once the property closes, you'll start to see more activity as work will begin in earnest. Congratulations to the new buyers on this step....we look forward to seeing great success in your beautiful, new but historic Bed and Breakfast!




Thursday, January 24, 2019

Before and After...Would You Have the Vision?

When purchasing a home, people have different motivations.  Some like a home that is "move-in" ready, others like one that they can personalize and up-fit or redo, others simply just move into a home without doing anything, regardless of what kind of shape it is in which is ok too.  

In 2018, we had a client who purchased a home that was built in the mid-1980s.  The house was in great shape already, but the buyers wanted to make it their "own".  Recently, the new owners shared with us a couple of updates they have made.  What do you think?  Would you have the vision?

The next time you hear someone say, nah...remind them of the opportunities with a little vision.

Before....





After...



HOA's Need too Knows....

We find this question interesting..."Is this home in a HOA?"----some people hate them, some people tolerate them, some people love and embrace them.  A friend of ours sent this article from Investopedia...take a peek - some really good information.

"9 Things to Know About Homeowner Associations"

1 - Learn...
2 - Find out...
3 - Assess...
4 - Consider...
5 - Find...
6 - Get...
7 - Watch...
8 - Ask...
9 - Consider...

Here to help...simply ask!


Thursday, January 10, 2019

Will Your Company Join this Great Effort?

Businesses in North Carolina, Forsyth County and Guilford County are thriving, but the biggest issue impeding their continued growth is the growing shortage of workers with the adaptable skills needed to succeed in the modern workplace. There are many that are deeply concerned about the skills gap, educational system and what it teaches and how those students are prepared for the workplace.  The question then is how does society work towards solutions to bolster our talent supply and fill North Carolina’s talent pipeline?  By leaps and bounds, education and talent supply are the top concern weighing on job creator's mind in a recent CEO poll performed by the NC Chamber.
As Congresswoman Virginia Foxx NC-5 says in a recent op-ed in the Wall Street Journal, 
"Individual potential transcends all demographics. It’s time that we speak honestly about the educational paths we set for Americans—and the paths they should be commended for choosing for themselves." (Stop Calling It Vocational Training)
An important step has been taken in Forsyth County.  The County Commissioners recently decided it was time for the community to put a focus on our local talent supply.  So the county has applied to become a North Carolina Certified Work Ready Community (NCCWRC).  Currently in NC, there are 62 counties that are participating which means, 62 counties are working every day to become more competitive for economic and job growth than Forsyth County.  
In NC, the NCCWRC is a collaboration of members form the Office of the Governor, NC Chamber Foundation, NC Community College System, NC Department of Instruction, NC Department of Commerce, regional economic development professionals and local community college leaders. 
What does this mean for Forsyth County, now that county leaders made the decision to become certified? 
  • Business and industry gain confidence that Forsyth County has a skilled workforce and a considerable talent supply
  • Individuals/Students understand what skills are required and therefore know how to prepare themselves for success
  • Allows policy makers to consistently measure the skills gap and work on adjustments
  • Educators can help close the skills gap via tools integrated into career pathways with industry credentials
  • Economic developers can use an on-demand reporting tool to market the quality of the workforce and therefore, become a more competitive marketplace
In order to become certified and therefore more competitive with greater skills for students, the Forsyth County effort will be called, Work Ready Forsyth.  Thankfully, Forsyth County is currently 84% of the way to becoming certified.  However, business engagement is critical and needed.  

What we are asking is for your company to simply say you SUPPORT the effort by lending your company name to this important effort.  It's that simple.  Will you help our students, our workers, our businesses and our economy by lending your support?

Hope you will join Brooke Cashion and Associates-Allen Tate, Reynolds, Hanesbrands, Vulcan Materials and many others with your support? Please visit the Winston-Salem Chamber site for a quick and easy sign-up form...this is free with no obligation and is simply saying your business supports the efforts!

More information about this important effort will be coming out soon about Work Ready Forsyth, but here is some detailed information about the NC Certified Work Ready Community Certificate.  

Tuesday, January 08, 2019

2019 - The Year of Readjustments...

Happy New Year!

The year is off and in full swing already and we are excited about the opportunities 2019 could provide and hope that you are as well!

2018 was a great year for our state and our region.  We were excited about how the real estate market performed, how the local and state economy performed and are cautiously optimistic that 2019 will be another strong year.  Below are some items you may be interested in:

-NC's economy is expanding...
-8500+ Jobs Announced!
-Triad's Megasites Earning Global Attention
-New State Laws Bring Additional Tax Changes and Infrastructure Investment

What about residential real estate?
The United States is currently in the third biggest housing boom in history.  Housing is up 53% in this cycle and we are in the second longest economic expansion in history.  The question of course will be how long will it go.  But the economy is in great shape despite the ups and downs of Wall Street and the complications of the real estate market.

In 2019, we'll likely see some READJUSTMENTS in the residential real estate market and return to a more balanced marketplace.  It'll be important to watch some key metrics in the Triad of North Carolina...those include:
  • Days on the Market - likely to see those start ticking up from years-long low
  • Inventory - already starting to see an increase here 
  • Number of Showings - currently we are seeing the median around 11 
  • List price to Closed Price - we have been very high over the last two years or so and this is likely to decrease as more inventory becomes available.
  • Appreciation - we have seen solid appreciation rates over the past couple of years of which it may have peaked and we are already seeing in some of the largest markets in the state, start to come back down.  This will be the case in our region as well.
But with all of that, 2019 will be a HEALTHY and GOOD real estate market.  But if you are thinking about selling, be open to important conversation about appreciation and what you can expect.  If you are buying, it'll be important to pay attention to the factors and metrics that can help you make important and informed decision.  Here is a good article about what to expect when buying a home in 2019 and how best to prepare.

Quick Announcements we are proud of:
2019 will be a busy year for our team...a couple of announcements because we believe that being active in your professional industry is important...

-Brooke Cashion has been named the 2019 Federal Political Coordinator for US Congressman Ted Budd and the 2019 Image Committee Vice-Chair for the North Carolina Realtors Association

-Jake Cashion has been named the 2019 Chairman of the NC Realtors Global Network and will be traveling to Cannes, France in March to help showcase and connect North Carolina to international business and therefore greater economic development opportunities for the state.  As well, he has been appointed to the 2019 Business Issues Policy Committee for the National Association of Realtors.

Team Member Hollie Breazeale was awarded the 2018 Rising Star award by the North Carolina Realtors Association.

It's important to be prepared and that's simple...just let us know and we are happy to add you to our MarketPlace Report - this is a FREE monthly email that shows real estate activity in your neighborhood and keeps you abreast of any changes.  We are happy to simply set you up - just ask!




Wednesday, January 02, 2019

A Home in the Sun?

Recently, we enjoyed a little time in sunny St. Pete Beach, FL.  This is a great beach and part of the state and it offers big, wide, white-sandy beaches on the beautiful Gulf of Mexico.  It is sunny about 340 days per year!  As we strolled along some of the neighborhood streets heading into Pass-A-Grill Beach for breakfast one morning, we took some pictures of a few homes with one question in mind...all of these homes are located either on the beach or on the bay side, have different architectural qualities and all very lovely but...


Which one is your favorite?

Home One

Home Two

Home Three

Home Four



Home Five

Home Six


Home Seven


Home Eight