Luxury Homes Market Report for Wake Forest NC - October 2010

Luxury Homes in Wake Forest NC make up 4% of the entire inventory of homes for sale.  For the purpose of this report a Luxury Home is defined as having a list price of $800,000.00 and above.

Within the entire Wake Forest Real Estate Market this luxury tier has the highest absorption rate which is currently at 29.  For an explanation of the Absorption Rate and how it affects you as either a buyer or a seller please read What Is An Absorption Rate and How Does It Affect YOU? at Discover Wake Forest NC. 

The Luxury Market saw two closings for the month of October, 2010.

Sale #1:
List Price:  $1,399,900.00
Sale Price: $1,300,000.00
Sale Date:  October 14, 2010
Days on Market:  501
Financial Concessions:  $0.00
Fair Market Value Sale
Subdivision:  Wakefield

Sale #2:
List Price:  $899,000.00
Sale Price: $806,500.00
Sale Date:  October 26, 2010
Days on Market:  478
Financial Concessions:  0.00
Fair Market Value Sale
Subdivision:  Hasentree



** Both homes were brand new construction

Currently, there are 49 luxury homes for sale in Wake Forest NC that range from $800,000.00 to $5,850,000.00.  Each luxury home available offers a unique living opportunity with unrivaled amenities and superb locations.  Many of the homes available are located in Hasentree, Wakefield Estates, River Hill and the Back Nine Estates.

If you are interested in the latest Market Report for Wake Forest NC in its entirety you can view it here.  

For more information regarding the Luxury Real Estate Market in Wake Forest NC please feel free to give me a call or simply send me an email - I would be happy to answer any questions you have!  For more information regarding Wake Forest NC please visit:

• Discover Wake Forest NC
• Life in Wake Forest NC
• Wake Forest NC House Chick
• Facebook Fan Page for Wake Forest NC

Foreclosures and Short Sales - Incredible Estate Homes!

Each week I update the Wake Forest NC Foreclosures and Short Sales Report and place it on my website, Wake Forest NC House Chick.  There are amazing Estate Homes on the report that are in Wake Forest and parts of North Raleigh such as Wakefield Estates and Hasentree.

For a FREE copy of this report please visit my website and feel free to download.  I can place you on a mailing list that will notify you each week when the updated report is available for download.

Please feel free to call me or simply send me an email if you would like more information or would like to set up a private tour of any of these Estate Homes. 

Unbelievable Price on Estate Home in Wakefield Estates, Wake Forest NC

$499,900.00 - Private Estate Home in Wakefield Estates! Location: Wakefield Estates Wakefield Estates - Beautiful stone front estate home on private and professionally landscaped 1.88 acres! Incredible views from every room in this home provide peace and tranquility. This fabulous floorplan offers tremendous living space with a formal dining room, formal living room, home office/study and a family room with impressive stone fireplace overlooking the lush back yard. Large kitchen has great counterspace and storage with a breakfast area that has beautiful views. Relaxing sunroom offers casual space to unwind after long days! Generous master bedroom has sitting area and luxurious master bath with whirlpool tub and quality custom design and features. Secondary bedrooms are large and have ample closet space. Huge 15 x 15 bonus room on second floor offers great flex space for casual family entertaining. Come see all that 2021 Rolling Rock Road has to offer - this is a one of a kind find in Wakefield Estates. Contact Information Leesa L. Finley 919-649-6128 Pricing Price: $499,900.00 Flexibility: Negotiable Additional Pricing Information: MUST SELL! Bring ALL Offers! Property Location 2021 Rolling Rock Road Wake Forest, NC 27587 View Map Links Circa Properties Homes Website Features Bedrooms: 4 Bathrooms: 4 Year Built: 1995 Subdivision: Wakefield Estates Lot Size: 1.88 Garage Size: 2 School District: Wake County Square Footage: 3679 Agent Name: Leesa Finley Broker: Circa Properties MLS #: 1724080 Attributes Appliances Range/Oven Dishwasher Sink Disposal Microwave Interior Amenities Fireplace Hardwood Floors Wet Bar Security System Kitchen Island Vaulted Ceilings Attic Exterior Amenities Patio Grass Lawn Secluded setting Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 3293232 Photo Gallery Powered by vFlyer.com Equal Housing Opportunity VFLYER ID: 3293232 All information in this site is deemed reliable but is not guaranteed and is subject to change

Toll Brothers sees housing slump easing - Real Estate News - NewsObserver.com

Luxury homebuilder Toll Brothers is seeing "notable improvement" in North Carolina, another sign that the housing slump may be easing.

The Pennsylvania company reported a smaller quarterly loss Thursday morning, and executives painted a largely optimistic outlook, saying the simmering economic recovery will revive the market for high-end homes.

Toll's Triangle communities include Triple Crown Estates in Chapel Hill, Green Level Crossing in Cary, The Hills at Southpoint in Durham and Brier Creek Country Club in Raleigh. It also owns communities in the Charlotte region.

Read more: http://www.newsobserver.com/2010/05/27/502244/toll-brothers-sees-housing-slump.html#ixzz0qUXC96no

Toll Brothers sees housing slump easing - Real Estate News - NewsObserver.com

Short Sales and Foreclosed Luxury Homes in Wake Forest NC - $1M and Up

I have had quite a few inquiries about Luxury Estate homes in Wake Forest NC and if there are any that are currently being offered as Short Sales or Foreclosures. 

The answer is, YES! 

I have prepared a custom search which includes Wake Forest NC and a section of Franklin County and have the results available in report form on my website, Wake Forest NC House Chick.  Feel free to download the report for FREE!

Each of the estate homes on the report are located in premiere communities and are tremendous values!  Please feel free to call me at 919-649-6128 or simply send me an email if you have any questions or would like to set up a private appointment to view any of these estate homes!

Private Estate Home in Wakefield Estates! 2021 Rolling Rock Road, Wake Forest NC

Another Beautiful Luxury Home in Hasentree, Wake Forest NC

There has been an addition to the Wake Forest NC Foreclosure Report that is simply stunning!

Gorgeous French Country Styled Estate Home in Hasentree has been listed at only $1,000,000.00.  Some definite features to note and particulars are:

• 5040 sq ft
• 4 bedrooms / 4.5 baths
• Built by Hunley Design Build, Inc.
• 3 car garage
• Completed December 2009
• Culdesac lot
• Paneled Study
• Exceptional Gourmet Kitchen
• Luxurious Master Bath
• First Floor Master Suite
• Bonus Room and Media Room

This estate home is Bank Owned and priced to sell!  For more information and pictures please feel free to call me at 919-649-6128 or simply send me an email - I'd be happy to help!

Hasentree Wake Forest NC - Market Statistics April 2010

Here are some charts that represent the activity over the last 3 months in Hasentree, Wake Forest NC.

The first chart represents the number of homes sold in Hasentree over the last three months.  January, February and March 2010.  Also represented on the chart is the Average Percentage of Sales Price when compared with the List Price.  As you can see, the Average Percentage has declined over the last 3 month period.

The next chart represents the Average Sales Price in Hasentree, Wake Forest NC over the last 3 months. 

If you have any questions regarding the above information or are looking for Homes for Sale in Hasentree please feel free to give me a call at 919.649.6128 or you can simply send me an email!

Wake Forest NC Luxury Homes added to the Foreclosure Report - Hasentree and Wakefield

The updated Foreclosure Report for Wake Forest NC has been uploaded to my website, Wake Forest NC House Chick, and is now available for download - for FREE!

There have been some incredible additions to the list within the Luxury Home tier.  The latest addition is in Hasentree and here are some of the particulars:

• 4500+ square feet
• Built in 2008
• English Styled Manor Home
• 1st Floor Guest Suite
• Upstairs porch with fantastic views of Fazio golf course
• covered porch with fireplace
• .72 acres
• 5 bedrooms - 4 full baths - 2 half baths
• $995,000.00

This incredible luxury home is just the latest on the Wake Forest NC Foreclosures Report.  Others worth noting are 2 others in Hasentree and one in Wakefield Plantation.  For more information on any of these homes please feel free to give me a call at 919-649-6128 or simply send me an email - it's just that easy!

Two Gorgeous Estate Homes in Wake Forest and Raleigh NC On the Foreclosure Report

There are two stunning luxury homes on this weeks Foreclosure Report for Wake Forest NC and Raleigh NC.  Both estate homes offer outstanding craftmanship and quality!

Wakefield Plantation:
$1,499,900 - This home is old world styled with mature gardens and gorgeous outdoor living spaces.  Inside there is over 9700 square feet with a theatre room, exercise room, wood paneled study, elevator, curved staircase and tremendous appointments throughout.

Hasentree:
$2,699,000 - Dramatic price reduction on this one of a kind estate home located on the golf course.  This luxury home features an outdoor kitchen, pool and hot tub, 4 car garage, game room and theatre room.  Many details and a MUST see!

For more information on either of these estate homes or any luxury home in the Wake Forest NC area please feel free to give me a call at 919.649.6128 or simply send me an email!  I would be happy to send pictures and an amenties sheet.

If you would like to download a FREE Foreclosure Report for Wake Forest NC please be sure to visit my website - Wake Forest NC House Chick

Fortune 500 Companies in the Raleigh NC Area

North Carolina boasts an impressive number of Fortune 500 companies - 13 to be exact!  If you are searching for a Fortune 500 company in the Raleigh NC area here is a list of what's near us.

• Progress Energy
• Martin Marietta Materials
• Alliance One International
• R.H. Donnelley
• Laboratory Corporation of America

For complete list of ALL the Fortune 500 companies in North Carolina you can visit this Full List of Companies by State.

If you are considering a move to the Raleigh NC area I would love to assist you with any questions that you may have.  You can certainly visit my website, Wake Forest House Chick, for more specific information regarding Wake Forest NC and homes for sale in Wake Forest NC.  Feel free to give me a call at 919-649-6128 or simply send me an email.

Looking For Luxury Homes and Estate Building Plans?

Building an Estate home is the dream of many homeowners but it can some times be a daunting task when deciding your floorplan or even WHERE to start in the process.

Fortunately, I have spent much time perusing the building plan sites for customers I have that are considering building that luxury dream home and I thought it might be great to pass on a few of those resources to my readers.

While the most exciting part of building your own dream home is the individuality and uniqness that your estate home has there are some great plans at these site that can help you to get the ideas flowing.....

• Luxury House Plans
• Archival Designs
• Architectural Designs
• Sater Design Collection
• The Plan Collection

Those are some great places to get started with YOUR ideas for your luxury home.  What is best is to consult with an architect and builder that can help get your ideas down on paper.  Don't let building that dream estate home scare you or intimidate you in any way - be prepared, hire only the best and be sure to work with those that understand your wants and needs.

If you are looking to build your luxury home in Wake Forest NC or the Raleigh NC area let me know.  I can help you find that perfect lot.  Many exclusive communities within the area such has Hidden Lake, Hasentree and Wakefield Estates have some private and large lots that are perfect for your estate home.  If you already have the lot and are looking for a building I can supply you with some of the absolute best in the area for the Luxury Home Market.

Give me a call at 919.649.6128 or simply send me an email and let me know how I can help!

Market Report for Luxury Homes in Wake Forest NC - January 2010 New Listings

There were four New Listings in Wake Forest NC that ft comfortably within the Luxury Market tier in January 2010.

The price range of the new listings in Wake Forest NC are between $1,000,000.00 and $2,450,000.00 and have a range of square feet from 5040 - 6176. A few features these new listings offer are:

• outdoor living areas complete with fireplaces


• elevator


• 4 car garages


• billiards room


• media room


• and so much more.

For more information on these new listings in Wake Forest NC please feel free to give me a call at 919.649.6128 or simply send me an email.

Following is the current snapshot of ALL Luxury Homes for Sale in Wake Forest NC.

Wake Forest NC Has Amazing Estate Homes For Sale

Did you know that Wake Forest NC has several gated communities? There are stunning Estate Homes for Sale in Wake Forest NC and I can help you find them!

Whether you are searching in Hasentree, Wakefield Estates, Hidden Lake or other areas of Wake Forest NC and North Raleigh I can get you the information you need.

If you are currently searching for an Estate Home in Wake Forest NC just give me a call at 919.649.6128 or simply send me an email. I have access to all of the estate homes and can help you decide which community will best fit your lifestyle.

You can check out my websites at http://www.leesafinley.com or http://www.wakeforesthousechick.com as well as several blogs I have for the Wake Forest NC area:

• Life in Wake Forest NC
• Discover Wake Forest NC
• The Pink Oyster
• What's YOUR Circa?

Hope to hear from you soon!

Two Gorgeous Estate Homes on the Report for Foreclosures in Wake Forest NC

Every week I update a list on my website for Foreclosures in Wake Forest NC. The list also includes Rolesville NC and parts of North Raleigh NC. There are always some amazing homes on the list at incredible prices!

This week there are TWO estate homes that are simply breath-taking that are on the list of Foreclosures in Wake Forest NC.

The first is a brand new estate home in Hasentree with:

• over 10,000 square feet
• 6 bedrooms / 8 full baths / 3 powder rooms
• outdoor kitchen
• pool/hot tub
• outdoor kitchen
• 4 car garage
• game room
• home theatre
• fitness/spa

The other estate home is located in Wakefield Estates and has:

• over 17,000 square feet
• 7 bedrooms / 7 full baths / 3 powder rooms
• 2 car AND 3 car garage
• exercise room with steam room
• over 1.8 acres
• Fireplace in Master Suite and Master Bath

Both of these Estate Homes are simply gorgeous and their prices are well below that of comparable properties. For more information and pictures on either of the above Estate Homes or ANY Estate Home in the Raleigh NC area please give me a call at 919.649.6128 or simply send me an email.

For the complete list of Foreclosures in Wake Forest NC please visit my website!