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This area is extremely popular for its close knit neighborhood environment, high end employment opportunities, and overall quality of living. Located in Cary but also right on the border with Morrisville, you are only moments from the RTP or Research Triangle Park which is one of the most prestigious corporate campuses in America. Home to dozens of Fortune 500 companies this area boasts some of the brightest minds and job opportunities anywhere. As a result the surrounding town reflects the high quality of life here. Enjoy major gorgeous shopping centers, a wide array of restaurants, shops, and services. Large gorgeous parks filled with happy residents. An area where you are minutes to anything a large city has to offer yet people know your name almost everywhere you go. Proximity to major highway arteries such as I-40, 440, Wake Expressway, and the RDU airport make this location perfect for someone on the go. The home itself features…
Lots of renovations for 2016 including granite tile, kitchen backsplash, and fresh paint. Yard work is scheduled and those photos will be updated soon. Playground is very old but sturdy. Owner will remove if needed
Rocking chair front porch
Fenced & wooded lot with tons of privacy & shade
Smaller easy to maintain yard
Large back deck great for BBQ’s
Gorgeous wood floors
Classy crown molding
Ceiling fans throughout
Lots of very tall windows & natural light
Premium plantation blinds
Beautiful marble fireplace
Large formal dining room with picture window
Updated fixtures & faucets
Gorgeous Kitchen backsplash
Lots of countertop space
Stunning granite tile floor
Oversized fridge with water & ice in door
Gorgeous stainless steel appliances
Undermount microwave
Glass top range
Breakfast area with more windows!
Half bath with granite tile & pedestal sink
Updated hardware such as towel racks etc
Subway tile shower with custom head and extender bar
Huge master bedroom with vaulted ceiling
Dual vanities & granite tile in master bath
Garden tub and separate shower
Massive walk in master closet
Dedicated laundry room
Garage
Washer & dryer
This area is extremely popular for its close knit neighborhood environment, high end employment opportunities, and overall quality of living. Located in Cary but also right on the border with Morrisville, you are only moments from the RTP or Research Triangle Park which is one of the most prestigious corporate campuses in America. Home to dozens of Fortune 500 companies this area boasts some of the brightest minds and job opportunities anywhere. ...
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A Broken Air Conditioner May Cost a Lot More to Fix This Year
By Constance Brinkley-Badgett Published August 17, 2016 Lifestyle and Budget Credit.com Opens a New Window.
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Chances are, if you’ve had to call a repair service to check the coolant levels in your air conditioning unit this summer, you’ve gone into sticker shock if you’ve needed to replace it. That’s because the most commonly used coolant, R-22 or Freon, is in short supply, sending prices sky high.
Price increases for Freon have risen sharply, according to Rob Haines, marketing manager for Service Experts, a Plano, Texas-based provider of HVAC repair, maintenance and sales for residential and commercial customers in 29 states and three Canadian provinces.
“Most of our locations are seeing big increases,” Haines said in an email. “For example, the price for a standard tank of R-22 was around $450 this time last year. Now the same 30-pound tank is over $600. It is the sharpest price increase we’ve seen.”
Calls to multiple HVAC repair companies around the country show prices are ranging between roughly $80 and $140 per pound of Freon, with most companies charging a reduced price after the first pound. At 2 to 4 pounds of Freon per ton, just topping off a a 4-ton air conditioning unit can add up pretty quickly.
The shortage stems from Freon being phased out because of concerns about its impact on the environment, the ozone layer in particular. In fact, manufacture of Freon will cease altogether in 2020, per Environmental Protection Agency requirements. Production of new R-22 will decrease by an additional 28% in 2017, and will decrease even more the following two years.
That doesn’t necessarily mean that people who haven’t already switched to units using the replacement coolant R410A will need to buy new units right away. That’s because Freon circulates within a closed system, so it doesn’t get used up by air conditioning units like cars using gasoline. It can, however, leak out of the system, and leaks are virtually inevitable in older units. That’s why it’s important to have your air conditioning serviced every year.
The bad news is that prices will likely continue to skyrocket as Freon becomes less and less available, Haines said, adding that “there could be double-digit price increases again for summer of 2017.” Haines did note that recycled R-22 should be available after 2020, but again, it will be subject to the same limited supply conditions. And, there is no guarantee how long recycled R-22 will be available.
While there are some cheaper R-22 alternatives on the market, often referred to as “drop-in” replacement refrigerants, Haines said they aren’t always a good choice.
“Lennox, one of the leading air conditioning manufacturers, has conducted research that shows these cheaper alternate refrigerants are not compatible with the lubricating oil used in R-22 units,” he said. “Recharging older air conditioners with these alternative refrigerants may actually damage the system and/or void your manufacturer’s warranty.”
Haines said his advice is to be proactive, and start investigating options for a system upgrade if you’re still using R-22 so you don’t find yourself trying to make a speedy decision when your air conditioner stops working during extreme temperatures.
“If you get ahead of the curve, you’ll be ready to take advantage of great rebates, sales and financing options that can make an upgrade very affordable,” Haines said. “For instance, right now there are government tax credits for up to $500 on a new high-efficiency air conditioning unit — and those can be combined with manufacturer and local rebates for further savings. But the government tax credits expire at the end of 2016.”
If your air conditioning unit needs Freon, it’s good to keep in mind that it could have a significant leak if it needs more than a pound or two. And, it’s a good idea to ask your service technician to use a scale to ensure the amount of Freon being used is accurate. Just a quarter pound can make a big difference in your bill Opens a New Window. .
Remember, it’s a good idea to always have some money set aside for when you need to purchase big-ticket items in an emergency, like when you need a new air conditioner. And saving doesn’t have to be painful, as these money-saving tips prove Opens a New Window. .
It’s also a good idea to keep your credit card balances Opens a New Window. below 30%, and ideally 10%, so you have some flexibility if you have to rely on credit to make a big emergency purchase. You can see how your credit card spending and debt are impacting your credit scores Opens a New Window. , plus get two free credit scores every month using Credit.com’s free credit report card Opens a New Window. .
Chances are, if you’ve had to call a repair service to check the coolant levels in your air conditioning unit this summer, you’ve gone into sticker shock if you’ve needed to replace it.
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This is how it is happening in Miami: A heroic building boom in Greater Downtown has created a phenomenal condo glut just when federal regulators decided earlier this year to track down money laundering in the real estate sector. It coincided with Brazil and Venezuela – Miami’s largest feeder markets – falling into political turmoil and economic chaos respectively. The “strong” dollar doesn’t help. And buyers from abroad have become scarce.
No one was prepared for this. The slowdown started a year ago when the resale inventory began to balloon. According to a new report by Integra Realty Resources for the Miami Downtown Development Authority, in May listings soared 58% from two years ago, to about 3,000 units, while monthly sales plunged 43%.
And new supply keeps on coming: In the second quarter, nearly 7,500 condos were under construction, with another 1,550 being marketed for sale.
So resale prices for condos built after 2001 have fallen for the first time in five years, down 4% over the first six months of the year, according to the report. Older buildings experienced steeper haircuts.
Many of these condos were bought by investors who’re trying to rent them out, thus pushing them into the rental market.
Alas, an additional 5,500 rental units are under construction in Greater Downtown. To top it off, with condos in trouble, larger projects are now switching to a “rental format” that will add even more supply to the rental market. Now everyone is praying for a throng of buy-phobic Millennials with big paychecks to come along and rent these units.
The impact of this glut ois already visible. After surging 10% a year ago, rents have “leveled off,” according to the report, still rising a smidgen for efficiencies and one-bedrooms, but stable or falling for other unit types. And this is just the beginning.
“The current direction of rents suggests that the rental market is going to favor the tenant for the balance of 2017,” the report said, while trying to keep an optimistic tone.
A similar scenario is playing out in other “primary markets,” such as New Your City, San Francisco, San Jose, and Houston, but all with different dynamics, according to AXIOMetrics’ new report on rents. In fact, rent declines in those key markets “drove down” the national averages.
In July, the national annual effective rent rose “only” 3.1% from a year ago, which is still a big increase for stagnant wages. But it was the lowest increase since February 2014. And down from a 5.2% year-over-year increase in July 2015. Rent growth has now fallen for nine of the last 10 months (chart via AXIOMetrics):
US rent growth national average AxiometricsWolf Street
The report:
A separation is beginning to take place among large markets that are experiencing weak performance and smaller markets still showing robust strength. Some 20 markets among Axiometrics’ top 50 metros, based on number of units, recorded rent growth of 4.0% or higher in July. The issue is that none of them are what are commonly referred to as “primary markets,” such as New York, San Francisco, and Los Angeles.
Markets referred to as “tertiary,” such as Sacramento, Riverside, Salt Lake City, Las Vegas, and Nashville, make up the bulk of the top-markets list.
Meanwhile, some primary markets went negative, as the combined effects of slowing job growth and increased supply took their toll.
And among the primary markets with dropping annual effective rents, the report singled out these:
Houston: -2.2%, “the fourth straight month the metro was below zero.”
New York City: -0.2%, “the first time it was in negative territory since January 2014.”
San Francisco: -0.7%, “the first time the market was negative since April 2010.”
In San Francisco, where exorbitant rents have combined into a syndrome called “the Housing Crisis,” the apartment glut is taking on peculiar flavors.
On Zillow, there are 1,149 apartments listed as available for rent. Note the dots that say “9+.” They represent bigger buildings, some of them with dozens of vacant rental units. Zillow just shows 500 homes in that image. If all 1,149 were shown, some areas would be a solid purple color:
US rental apts San Francisco zillo Wolf Street
The listings on Craigslist maxed out its gauge at 2,500 apartments for rent. Trulia lists 1,750 apartments for rent.
Apartments.com lists 3,094 apartments for rent. That’s up 34% from the 2,302 apartments that it listed in June. The densest clusters of units in both charts are in areas where the high-rise construction boom is most obvious when you walk down the street:
US rental apts San Francisco Apartmentcom Wolf Street
Real estate is local, and every market has its own unique set of dynamics. Houston is getting ravaged by the oil bust. New York and San Francisco have seen historic building booms of both condos and apartments, like Miami’s building boom, and now the growth in employment is sagging, and foreign investors are staying away, and many units sit empty.
Big move-in incentives have appeared, even in San Francisco, where there hadn’t been any for years. In some buildings, it’s one month free rent. In other buildings, it’s something else. For example, at the SoMa Square Apartments, which has all kinds of vacancies up and down the building, the move-in incentive is a “$1,500 gift card special”:
us rent move in incentive San Francisco Wolf Street
This real estate cycle took years to get to this extravagant level, supported by central bank policies around the globe that flooded the lands with nearly free money and repressed yields. But it has now run into reality: people don’t have to live in stocks and bonds, and there is no theoretical limit to the silliness; but people do live in dwellings, and when not enough people can afford these dwellings, just when a flood of these dwellings show up on the market, well then, the boom is going to unwind, perhaps messily, but it will take years, and this is just a feeble beginning.
Manhattan and Miami are already get mauled by it. Now it’s expanding to San Francisco, Silicon Valley, Southern California, and Texas even!
This is how it is happening in Miami: A heroic...
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"The Morning Calm" by Kyle Kuiper .....
Yosemite National Park is set within California’s Sierra Nevada mountains. It’s famed for its giant, ancient sequoias, and for Tunnel View, the iconic vista of towering Bridalveil Fall and the granite cliffs of El Capitan and Half Dome
http://kylekuiper.com/
#california   #yosemitenationalpark   #travelphotography   #naturephotography  
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Colorful Anti-Sunset---
I was surprised to learn about these sunrays in the Eastern sky over Hell's Canyon in Eastern Oregon opposite the sunset. Anticrepuscular rays or antisolar rays are seen opposite the sun in the sky most frequently near sunrise or sunset. Anticrepuscular rays are near-parallel, but appear to converge at the antisolar point because of linear perspective.

#LandscapePhotography +Landscape Photography +Margaret Tompkins  +Dave Gaylord +Eric Drumm +Jeff Beddow +David D +Bill Wood +Tim Newton +Chandler L. Walker +Ronald Varley +Hamid Dastmalchi +Sylvia Ting
#10000photographers by +Robert SKREINER +10000 PHOTOGRAPHERS
#hqsplandscape +HQSP Landscape curated by +Leo Schubert +David D +Mike Hankey +Peter Marbaise +Hans-Juergen Werner +Shannan Crow
#BTPLandscapePro+BTP Landscape Pro . owned by +Nancy Dempsey ,curated by +Nancy Dempsey
#nature #naturephotography #picoftheday #picture #amazingplacestosee #amazing #stunningmoment #bestoftheday #bestseller #love #loveit #photography +PixelWorld curated by +Alberto Carreras #pixelworld #FineArtFotografie  #landscapephoto  
#plusphotoextract curated by +Jarek Klimek +The Magic of Light  #themagicoflight  +Ray Bilcliff +Hamid Dastmalchi +Photo Mania USA  #photomaniausa  +David Pilasky
#promotephotography +Promote Photography +Soothing Photography  #soothingphotography  +E Cindy +Artist , photographer , amateur or professional  #artistphotographeramateurorprofessional  +Krzysztof Felczak +jany viala +ShowYourBestWork by +Britta Rogge & +Rita Gijbels #showyourbestwork +Breakfast Art Club  #breakfastartclub  +Simply Arlie +The Best on G Photography  #thebestongphotography
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Mercury

Narrawallee Beach, Mollymook, South Coast, NSW, Australia
NIKON D750 + 16.0-35.0 mm f/4.0 @ 19 mm, 147 sec at f/10, ISO 100

http://www.rc.au.net/blog/2016/08/21/mollymook-meanderings/

We woke early to head down to Narrawallee beach for sunrise. This spot was literally just up the road from the houses our group was staying in over the weekend.

I moved out onto the sand to look for some separated rocks in the sand at the waters edge. Another long exposure lets me smooth the slow ebb and flow of the water. With a little light painting to lift the black rocks from the darkness.

#mollymook #southcoast #longexposure
#visitnsw #exploreaustralia #seeaustralia #focusaustralia
+Landscape Photography #landscapephotography
+HQSP Landscape #hqsplandscape
+BTP Landscape Pro #BTPLandscapePro

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In the late 1990s, Americans started referring to the new tract-built luxury homes popping up in suburbs across America as McMansions, a biting portmanteau implying that the new structures were mass-produced and ugly, with added, implied snark that their denizens, however wealthy, lacked the sophistication to tell filet mignon from a Big Mac.
Lately, these homes have come in for a fresh round of scorn, thanks to an anonymously authored blog that has been breaking down the genre’s design flaws in excruciating detail. Early posts lambasted builders for erecting garages bigger than the homes they’re attached to, a tendency toward dropping giant homes on tiny lots, plus shoddy construction and a mishmash of contrasting styles. (Gothic Tudor, anyone?)
More from Bloomberg.com: Donald Trump the Mortgage Broker Was in Trouble From Start
It’s fun reading that nevertheless raised the question: How well have these homes kept their value? Not well, compared with the rest of the U.S. housing market.
The premium that buyers can expect to pay for a McMansion in Fort Lauderdale, Fla., declined by 84 percent from 2012 to 2016, according to data compiled by Trulia. In Las Vegas, the premium dropped by 46 percent and in Phoenix, by 42 percent.
Real estate agents don’t usually tag their listings #McMansion, so to compile the data, Trulia created a proxy, measuring the price appreciation of homes built from 2001 and 2007 that have 3,000 to 5,000 square feet. While there’s no single size designation, and plenty of McMansions were built outside that time window, those specifications capture homes built at the height of the trend.
More from Bloomberg.com: Bill Gates’s Net Worth Hits $90 Billion: Chart
McMansions cost more to build than your average starter ranch home does, and they will sell for more. But the return on investment has dropped like a stone. The additional cash that buyers should be willing to part with to get a McMansion fell in 85 of the 100 largest U.S. metropolitan areas. For example, four years ago a typical McMansion in Fort Lauderdale was valued at $477,000, a 274 percent premium over all other homes in the area. This year, those McMansions are worth about $611,000, or 190 percent more than the rest the homes on the market.
The few areas in which McMansions are gaining value faster than more tasteful housing stock are located primarily in the Midwest and the eastern New York suburbs that make up Long Island. The McMansion premium in Long Island has increased by 10 percent over the last four years.
More from Bloomberg.com: Clinton Confronts New Scrutiny Over E-Mails, Foundation Ties
One possibility is that builders have spent the last five years flooding housing markets with a new wave of large homes, bringing prices down. The median size of new homes dipped from 2007 through 2009, but then started climbing again—reaching a high of 2,488 square feet in the third quarter of last year. All those new, big homes may have watered down demand for older, big homes.
Along the same lines, builders have largely neglected the market for smaller, entry-level homes since the housing market collapsed nine years ago, said Ralph McLaughlin, chief economist at Trulia. That’s created excess demand for smaller, older abodes, leading those homes to appreciate faster.
Still, there's another possibility: McMansion owners are losing out because the market considers their homes an ugly investment, too.
Shoddy construction, ostentatious design—and low resale values.
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There are plenty of reasons to get married. Your taxes may not be one of them.
Some couples—generally those with one person who earns far more than the other—will see their tax bills fall after marriage. But for two well-paid professionals, tax bills can soar post-marriage, as their combined incomes put them in the highest tax brackets.
And well-off couples just got another financial incentive to cancel the wedding. Unmarried couples can now deduct effectively twice as much of their mortgage and home interest on their tax returns, thanks to a change this month by the Internal Revenue Service.
The IRS had little choice: A year ago, it lost a California couple's lawsuit challenging its mortgage-deduction rules. Bruce Voss and Charles Sophy were registered as domestic partners and owned two properties together in California, in Beverly Hills and in Rancho Mirage near Palm Springs. In 2006 and 2007, they had about $2.7 million in debt on their houses, and they were paying a combined interest of about $180,000 a year.
The law says taxpayers can deduct the interest on up to $1 million in mortgage debt and $100,000 in home equity financing. Voss and Sophy each tried to deduct this full amount, but the IRS audited their returns and said the $1.1 million limit had to be applied on a per-residence basis—meaning they had to share the deduction limit and lost the right to $198,415 in deductions over two years. The men sued, but a tax court sided with the IRS. They appealed to the U.S. Court of Appeals for the Ninth Circuit, which last August overturned the ruling and found, based on a close reading of the tax code, that the men should each get their own $1.1 million deduction limit.
This month, the IRS “acquiesced” in that ruling—applying it not just to Voss and Sophy and other taxpayers under Ninth Circuit jurisdiction but to all taxpayers nationwide in similar circumstances.
The IRS's new position on the mortgage deduction could be a boon to other unmarried couples who co-own property and split mortgages in expensive areas of the country, such as Manhattan or San Francisco, where median home prices top $1.1 million, according to Zillow.
But it could also pose a dilemma if those couples are planning a wedding: Get married, and you’re limited to deductions of $1.1 million in mortgage and home debt.
“If you stay unmarried, you can deduct up to $2.2 million,” said ReKeithen Miller, a financial planner at Palisades Hudson Financial Group, based in Atlanta. “Not to say you want to let tax policy dictate your personal life, but it’s another thing for them to consider.”
The ruling could also apply to friends or family who want to buy real estate together.
Still, buying real estate with friends, family, or an unmarried partner is risky and can get messy if you stop getting along or decide to break up. (A 2006 movie starring Jennifer Aniston and Vince Vaughn centered on this very scenario.)
“When you’re an unmarried couple, you don’t have protections,” said Janis Cowhey, a lawyer and partner at Marcum, an accounting and advisory firm in New York. “As far as the law is concerned, you’re legal strangers.”
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Property co-owners can hire lawyers to write agreements that set out some rules. Co-habitation agreements let unmarried couples agree on all aspects of the relationship—including inheritance rights, medical decisions, property, and finances. Ownership agreements are more narrowly focused on how to handle a particular property after a death or breakup, but they can still be complicated documents, Cowhey said, specifying who gets to stay in an apartment or exactly how to sell the property.
“They seem like insane details, but if you’re in the middle of a breakup, they seem like important details,” Cowhey said. “You’re never going to agree on a real estate broker.”
There's a new tax break for couples who don't tie the knot.
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This location absolutely has it all!! If you like the idea of a small town where everyone knows your name, then this truly is the place for you. This however is complemented by extremely easy access to everything you could ever need from a large city. It’s nestled nicely just a few minutes to the Raleigh Durham area, and 10 minutes from Wake Tech. This area is a very popular location for employees of RTP / Research Triangle Park due to its proximity, and simplicity. In addition, with easy access to I-40 you can be on the beach in about an hour and a half! Also enjoy the stunningly beautiful Lake Benson just moments away. The home itself features…
Nice privacy fenced yard
Patio & landscaping perfect for backyard BBQ’s
Outside storage building
Peaceful yard swing
Ceiling fans throughout
Classy stone gas fireplace
Premium plantation blinds
Modern open floorplan
Large dining area
Lots of cabinet and countertop space
Large fridge with water & ice in door
Glass top stove
Large main level half bath
Dedicated laundry room
Huge attic storage space
Master bedroom with vaulted ceiling
Lots of closets including several walk in
Huge master bath with garden tub
Seperate sitting area / bonus room on 2nd level
Macadie Park Neighborhood
2 Car garage
This location absolutely has it all!! If you like the idea of a small town where everyone knows your name, then this truly is the place for you. This however is complemented by extremely easy access to everything you could ever need from a large city. It’s nestled nicely just a few minutes to the Raleigh Durham area, and 10 minutes from Wake Tech. This area is a very popular location for employees of RTP / Research Triangle Park due to its proxim...
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609 St Marys St Raleigh, NC 27605
609 Saint Marys StreetUSNorth CarolinaRaleigh27605
Property Management Company, Apartment Rental Agency
Property Management Company
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"Victory Property Management has been an absolutely pleasure to work with."
"She's answered any of our questions and concerns in a timely manner."
"We hired Victory to manage our rental property."
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All reviews
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Emile Hartman
3 months ago
I've had a great experience renting for the past 10 months from Victory. Cat Worlds has been amazing to work with, doing above and beyond to make our house rental as easy of a process for us as possible. She's answered any of our questions and concerns in a timely manner. Cat has gone out of her way to make sure we feel comfortable renting from Victory. We just resigned our lease for 2016-17 and are glad to have Cat to assist us for another year.
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Carter Cowardin
3 months ago
Working with Cat at VRE has been a pleasure so far. She does a great job of balancing her responsibility to the owner of the home with her service to us as renters. She is responsive and friendly and has been good at communicating between parties so far in the process. We're just about to move in and so can only give feedback on the rental process as far as negotiating with the owners and signing the lease, but will update this review as our experiences with VRE continue in the future. So far they seem to be a great company for renters to work with in their rental search.
• • •
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Steve Kongala
a month ago
It's been a pleasure working with Victory Property Management. Cat Worlds and Ralph Hunter has been awesome through the whole process. They keep you updated regularly. Would highly recommend them for your proper management needs.
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David Ma
a week ago
Victory Property Management has been an absolutely pleasure to work with. Cat and Ralph have both been extremely responsive and made the process extremely smooth and painless. I would absolutely recommend them.
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Amanda Griffin
2 months ago
Working with Victory Property Management has been extremely rewarding. With this being our first rental property, we were apprehensive about the process. Cat Worlds made this process easy to understand and was able to find us renters within less than 15 days! We thoroughly enjoyed working with her and would recommend this company to anyone as your property management company! Thank you again Cat!!
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Dylan Hudock
2 months ago
My wife and I are relocating to the Raleigh area from TX and didn't have the luxury of viewing a property in person before we had to move in. Cat Worlds went above and beyond and did a FaceTime tour of the property with my wife and I, on a Saturday nonetheless! She was personable, has a great attitude, and honestly, sold us on the house immediately! We look forward to continuing to do business with her in the future!
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Abdullah Zafar
2 months ago
Cat has been managing my property for about 2 years now and I couldn't ask for someone more timely and diligent. She relays information and schedules appointments without letting the ball drop on anything. She also follows through with everything we talk about, which is essential to the whole operation. If you want to be in good hands, ask for Cat.
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Ilan Ratna
a week ago
Great people to work with. Quickly answered all my questions. Highly recommend.