January 31, 2013- Onlsow County named the fastest growing county

By LINDELL KAY – Daily News Staff

Published: Friday, January 25, 2013 at 08:00 AM.

Onslow County is America’s fastest-growing county over the past five years, according to a federal agency that tracks economics.

Total personal income in Onslow climbed 55.5 percent, from $5.3 billion in 2006 to $8.3 billion in 2011, according to the U.S. Bureau of Economic Analysis. Total personal income is defined as the amount of money earned by all residents of a given area in a particular year.

Douglas County, Colo., a Denver suburb, ranked No. 2. Rounding out the top five were Loudoun County, Va.; Paulding County, Ga.; Fort Bend County, Texas; and Pinal County, Ariz.

Wayne County, Mich., home to Detroit, is last on the list.

Onslow’s booming economy is fueled by Marines and sailors stationed at Camp Lejeune and New River Air Station, according to a recent report in the Charlotte Business Journal.

But that’s just a third of the story, said Shelia Pierce, director of Jacksonville-Onslow Economic Development.

“Our economy is powered by the U.S. Marine Corps, of course, but Onslow County also has a wide agricultural base and its tourism, which is beginning to be recognized at the national level, is a major component as well,” she said.

The military, agriculture and tourism are the top three economic areas for North Carolina, which bodes well that they are also the top for Onslow County, she said.

“Our local economy will stay secure for some time,” Pierce said, adding that now is the time to invest in infrastructure.

Onslow County Manager Jeff Hudson said growth in the county has been pronounced in the past few years.

“Information from our tax office and our building inspections offices verify that fact,” he said.

Onslow County’s total estimated tax base is $13.2 billion, said Harry Smith, the county tax administrator.

Hudson said an increasing county population has begun to strain the services provided by local government. But he said the county is committed to providing services to the expanding population as efficiently as possible.

“Onslow remains committed to high quality local government,” he said.

 

Contact Daily News Senior Reporter Lindell Kay at 910-219-8455 or lindell.kay@jdnews.com. Follow him on Twitter and friend him on Facebook @ 1lindell.

4 things that buyers dislike in a home for sale

In my experience, there’s one fundamental truth about haters:  you can never fully escape them. The only way to live a 100% hater-free life is to never stick your neck out, and never do anything because, as the saying goes, you simply cannot please all of the people all of the time.

And this is particularly true with real estate and putting your home on the market – because homes, locations, aesthetics and such are so much a matter of personal preference, some people will find something to criticize about even the most perfectly staged, priciest properties on the market.

As a home seller, your job is not to try to make your home be all things to all people.  That said, you don’t want to be the house that nearly every buyer and broker sees, rolls their eyes and utters the same few, predictable deal-killing criticisms. Fortunately, what is predictable is avoidable. Let’s explore the most common things buyers hate about listings they see. In the process, you’ll get equipped to sidestep those issues and, in large part, hater-proof your own home.

House Hater Complaint #1:  Odors. Some of you might think I’m beating a dead horse, here. But as long as house hunters keep emailing me to ask why, in the name of all that is sacred, they keep seeing homes that smell like all sorts of madness and mayhem, I’m going to keep repeating this message.

Viewing a home sounds like it’s all about the visual of the experience. And visuals are critical – your home should be in its Sunday best, so to speak, when it’s being shown, in terms of being spruced, staged and clutter-free. But when a buyer comes to see your home, they don’t turn off the rest of their senses. And there is nothing that can turn a buyer off from a home, they’d otherwise like, quicker than a powerfully bad odor – in particular, cigarette and pet odors in a house that seems to have been well-cleaned create the concern that they might be permanent and that the buyer might not be able to get rid of them without dropping some serious cash on cleaning or even removing wall, window and floor coverings.

If you are a seller and you know that someone has been habitually smoking in your home or that you have had a “challenge,” let’s say, with pet accidents, do not ignore the problem. And do not think that because you had the carpet shampooed or the drapes cleaned, or because YOU can’t smell anything, that the problem is gone.  The fact is that the human sense of smell very quickly gets used to smells that it lives with or is surrounded with on a regular basis.  So it’s critical to get your agent, stager or even your friends and family members – who don’t live with you and love you enough to be honest! – to help you detect bad smells and odors, and make sure they are eradicated by any means necessary, before you place your home on the market.

House Hater Complaint #2:  Glaringly extreme overpricing. There’s the kind of overpricing that makes a buyer say, “Hmmm – seems a bit high. Let’s go see it, but we might have to offer a little less than the asking price if we like it.”  Then there’s the kind of overpricing that makes buyer say “I’ll wait until a price reduction” or worse, hold their sides from laughing.

When overpricing is glaring, many buyers and buyer’s brokers will comment on it or inquire about it. What they are less likely to do is actually come out and see the place – especially if they weed it out online after comparing its specs to all the other homes in the area and the price range.  Often, homes this severely overpriced simply don’t sell, or not until after they’ve had some serious price cuts or have been on the market so long buyers begin to feel confident about making lowball offers.

In fact, the goal is the opposite – you want your home to stand out as a property that is not dirt cheap, but does present a good value for the money – that’s what motivates buyers to get out of their chairs and into the property for a viewing.

Here’s how to hater-proof your home’s listing against this issue: fixate on the comps. Smart sellers deactivate their emotional attachment and very human tendency to overvalue their precious homes by poring over the sales prices (not list prices) of similar, nearby homes that have recently sold. Your agent will be happy to help you walk through this data and will almost certainly recommend a list price, but ultimately you make the decision about the price point to list your home at.

Also, consider using your broker’s first Open House as an additional hater-proof measure: if the agents overwhelmingly comment that they think the home is significantly overpriced, listen.

House Hater Complaint #3:  Dirt and messes. Possibly the single largest source of House Hater Complaints I’ve ever heard are the dirt, messes, piles and personal belongings that buyers find so distracting, when they walk into a home for a viewing or Open House. Obviously, homes that are filthy from floor to ceiling are fertile fodder for haters, but often those homes are bank-owned or otherwise distressed so that the sellers aren’t likely to do much.  What is underestimated is how often even savvy home buyers are distracted (and disgusted) by relatively clean homes that just have a few outstanding messes, like piles of dirty dishes in the sink, piles of dog poo in the yard or even piles of papers, mail, books or clothes lying out in plain view.

Will one or two such items ruin the sale of your home? Perhaps not. But a few of them (or more) can certainly distract a buyer enough that they fixate on your messes and, in the process, fail to see what is so great about your property.  And as I see it, cleaning up, meticulously, before every single showing is free – so it makes no sense to even run the risk of turning off a prospective buyer by letting messes get in the way of their ability to visualize themselves and their families flourishing in your home.

House Hater Complaint #4:  Lots of little malfunctions.  All of us tend to think our homes are in fantastic condition.  After all, you have the furnace maintained regularly, you’ve got granite and dual paned windows – maybe you even had the floors refinished or the walls painted in preparation for putting your place on the market.

That’s all fantastic – all the non-cosmetic work you’ve done to maintain and improve your home should be trumpeted in your marketing materials, and the cosmetic items will (or should) speak for themselves. But here’s the thing: buyers who visit your home won’t be running your dishwasher or testing the furnace (at least not until inspections).  What they will do – almost unconsciously – is:
•    flick light and fan switches
•    open or close window coverings, closet, room and entry doors,
•    open and close drawers, cupboards, gates and fences and
•    hold the handrails as they walk up and down the stairs.
They will hear leaky faucets and point out water spots from long-ago repaired leaks, and they will notice (or potentially trip on) uneven exterior tiles, paths and walkways. And even though these items might be vastly less expensive to fix than the roof or sewer line you had replaced, they are much more visible and noticeable to a buyer.  In fact, buyers don’t always even know that the little malfunctions and repairs that need doing are little or inexpensive. And when they notice a bunch of these sorts of things in a single property, they can jump to the conclusion that the whole place is rickety.

Since these little fixes are inexpensive to make, have them completed before you list, if at all possible. You might even ask your agent to walk through the property with you and to give you a handyperson reference for someone they know works efficiently.

Agents and Buyers:
What things have you encountered in multiple listings that make you cringe, eye roll or otherwise immediately dismiss a house?

Fiscal Cliff information for Real Estate- 1/10/2013

Just when you never wanted to hear the words “Fiscal Cliff” again, I thought I would send out an email with the changes in the law that affect property owners. This information was compiled by the National Association of Realtors and includes……..

Mortgage cancellation relief is extended until January 1st, 2014. This is for people doing short sales and not wanting to be taxed on the amount shorted to the bank.

Deductions for mortgage insurance premiums for filers making under $110,000 is extended through 2013 and is retroactive for 2012.

This one affects ALL homeowners, the energy efficiency tax credit of 10% (up to $500) was extended through 2013 for improvements to EXISTING homes.

Capital gains rate: This stays at 15% for those making under $400k/$450k. After that tax rate is now 20%. The $250k/$500k exclusion for the sale of a single family residence stays in place.

Estate Tax: The first $5m in individual estates and $10m in family estates are now exempt from estate taxes. After that the rate is 40%.

The market here in Portland has picked up considerably, and thanks to our amazing team we again had an stellar year helping many families buy and sell homes.

If you are looking to buy or sell a home in Jacksonville, North Carolina area please contact us at www.Christina Garrett.com or 910-478-2637 or email me directly at Christina@christinagarrett.com

Have a great January!

Sincerely,
Christina Garrett

 

 

1/7/2013- 10 New Years Resolutions to Read

 

“Ten Resolutions The Most Successful People Make And Then Keep”

 

Study successful people long enough and you start to pick up on the resolutions they seem to consistently make.

 

#1 Spend more time on the not-to-do list

Strategy is the art of sacrifice. That’s why you may consider creating a larger clearing for what really matters by first identifying, and then avoiding, what matters the least. Your time is a treasure to be invested. Creating a list of things that you are not going to do, allows you to invest more of your treasured time on the few things that matter the most.

 

#2 Essential first, email second

What’s the first thing you do in the morning? For many of us, it is looking at email. We wake up with a renewed mind and spirit, ready to take on the world, and then we immediately allow ourselves to be distracted by an insignificant email. Instead, wake up, take on the most important task of the day, and then (and only then) hit the email.

 

#3 Resolve to think about “Who” instead of “What”

Do you work for a “What” business or for a “Who” business? Successful companies run the risk of focusing too much on their current products and distributors thus—the “What”—losing sight of the constant and dramatically changing needs of their customer base. (The “Who.”) Insurance, pharma, health care, higher education often listen too much to their agents, doctors and professors. The real innovation starts with the end consumer.

 

#4 Resolve to find your purpose

As my friend Simon Sinek will tell you: People don’t buy what you do, they buy why you do it. Starting a career, a company or any kind of journey that is based firmly on your purpose is foundational to success and happiness. If you don’t know your company’s purpose or even your own, finding one is the worthiest of resolutions.

 

#5 Resolve to support a cause

If you’re reading this, chances are you are one of the rare people who know how to start things. Fortunately, there are people like you who have already started causes that make the world better—they feed the hungry; they save the rain forest; they fight cancer; they do good things. There is virtually a cause for everyone, and contributing will make your year happier. Promise.

 

#6 Resolve to invent more choices

Here’s a secret that happy people know that I learned from my friend Dr. Dan Baker: You can’t feel grateful and fearful at the same time. And one certain way to become afraid is to feel trapped by any situation. The remedy is choice. The more choices you feel you have, the less trapped—and happier—you will feel. So this year, resolve to do a bit of brainstorming every time you feel unhappy.

 

#7 Resolve to find a Yin for your Yang

Walt Disney had Roy Disney, Steve Jobs had Steve Wozniak and Orville Wright had Wilbur Wright. Wherever there is great innovation, there is a Dreamer and an Operator; an Idea Monkey and a (Ring)leader. First, determine where your passions lie, then go find an equally passionate partner, then go change the world.

 

#8 Resolve to get outside your jar

You can’t read the label when you are sitting inside the jar. The sad irony of being an expert is that it keeps you from seeing possibility. After all, you know what works, what doesn’t, what you can afford, what’s been tried in the past. Instead of relying only on your expertise, learn how to find other experts solving similar challenges to the ones you are facing. Go ask them what you may be missing.

 

#9 Resolve to be the creator

What is the outcome you want? What stands in your way? How do you overcome these obstacles? These three simple questions will keep you from being victimized by any situation. Creators change the world. Victims just bitch about stuff.

 

#10 Plan vacations (now)

You have probably heard the saying, “Life is what happens when you are not paying attention.” Unfortunately for many of us, we let this become true. Do yourself a favor and plan your vacations for the next year today. I promise you that the days around your vacation will fill in nicely. I also promise you that you’ll have something to look forward to and the life that happens during your vacations will be precious.

 

Happy New Year.