Luxury Home Marketing Group Focus:
Mortgage Rates are Climbing – but Still Rate Among Year’s Best
The Raleigh-based Luxury Home Marketing Group focused on a dynamic marketplace during August’s networking session. Discussion centered on changes in interest rates and how these changes impact the Estate Home marketplace ($750,000 and up).
“The Luxury Home market remains strong in the Greater Raleigh area,” said LHMG President Linda Craft. “However, we pay very close attention to changes in interest rates, as these changes can influence buyers and sellers. Our exclusive marketing partner, Towne Mortgage of the Carolinas (NMLS #214800), provided our group with details on mortgage rate movement as we discussed how to take advantage of this information for our clients.”
Towne Mortgage’s Denise Beatty also presented metrics on the changing residential construction market in July and August, in addition to details on how Jumbo Mortgages can benefit Luxury Home buyers.
Tours of Luxury Homes featured estate-style homes represented by Lindsay Taylor (1908 Cedar St., Durham); Linda Craft (21 China Doll, Hills of Rosemont, Durham); Kimberly Conroy (4736 Adler Pass, The Hamptons, Raleigh) and Rick Rogers (7309 Spyglass Way, North Ridge). The Luxury Home Marketing Group website includes profiles of every member, and a home-search feature for homes in the estate-home marketplace (https://www.luxuryhomemarketinggroup.com/search).
The Luxury Home Marketing Group is always seeking strategic partners. If your business involves elite homes, and you are interested in membership, contact President Linda Craft at 919-235-6300. Visit the LHMG blog, http://luxuryhomemarketinggroup.wordpress.com, website, https://www.luxuryhomemarketinggroup.com, and Pinterest board (http://pinterest.com/lhmgraleigh/) for more details.
Background: The group was formed in 2004 as a coalition of luxury home real estate experts, representing luxury home buyers and sellers by applying extraordinary real estate expertise and service in Raleigh, Cary, Wake Forest, Durham, Chapel Hill, Research Triangle Park and surrounding counties. Executive Board members are: President Linda Craft, Linda Craft & Teams, REALTORS®, Vice-President Jill Rekuc of Olde Raleigh Real Estate, LLC , Secretary: Kimberly Conroy, Coldwell Banker HPW, Treasurer Shawn Britt of Realty World-Triangle Living and Past-President Kathy Beacham, Coldwell Banker HPW. Members include Linda Bird Kolarov, Steina DeAndrade, Deborah Nance, Lindsay Taylor, Ida Terbet , Mary Edna Williams, Molly Owen, Leslie Young and Gail Perry.
1908 Cedar St., Durham
21 China Doll, Hills of Rosemont, Durham
4736 Adler Pass, The Hamptons, Raleigh
7309 Spyglass Way, North Ridge, Raleigh
|Towne Mortgage of the Carolinas (NMLS #214800)|