Cooke report spring 2014 by Lucia Cooke

THE

COOKE REPORT

SPRING 2014

A LOCAL REAL ESTATE MARKET UPDATE

Dear Reader, Once again, I have the distinct pleasure of reaching out to you. It is because of our loyal clients and continual referrals that we have achieved success in real estate. In the last year, we closed $26,554,268. And as much as we are proud of our accomplishment, at the end of the day it is just a number. The important element is what is behind that number, the numerous families and individuals we were able to guide through the process of buying or selling a home. Whether it is a first time buyer or a seasoned seller, every individual and property is unique and requires attention specific to their needs. It is easy to fall into the trap of checking numbers and trying to find where you “rank” in the business but it actually has little relevance to our bottom line – making sure every client and customer never feels like a number. And now for the numbers that actually matter! At the end of 2013, inventory was down 10% from the previous year, new listings were up 12% and pending sales were up 18%. There was a moderate decrease in overall days on the market. For the first quarter of this year, we had a bit of a dip. Many, ourselves included, are blaming the weather for the slow start to the season. The bright spots are that the closed sales are up 3%, the average sales price is up 8% and the average days on market has continued to move downward. This is for the entire Triangle, and more specific numbers for each county can be seen in the Market Report. As an addition, this and all future magazines will be available on our website in its entirety. We include a special ‘Thank You’ to the wonderful people who allowed us to photograph their Sears home for the featured article in this edition. It was truly a joy to meet them and hear how their history and home are linked. It is a privilege to be in an industry that allows you to meet such interesting people from different walks of life.

Lucia, Cecil and Allison If you would like to be removed from our mailing list please let me know by email at: luciacooke@gmail.com. 3

First Quarter 2014 Overview Orange County Inventory: As compared to first quarter 2013, the number of active listings has remained the same. Of all active listings at the end of the first quarter, 27% had dropped their price at least once. The average price drop was 7%. Traffic: There was a 16% decrease in showings as compared to the first quarter 2013. Pending Sales: There was an increase of 22% compared to the first quarter 2013. Closed Sales: Year-to-date closings are up by 29% compared to the first quarter 2013. The average sales price increased by 5% as compared to a year ago to $314,400. Cash transactions accounted for 27% of the closings. The average dollar per sq ft increased by 1% to $128. Supply: Based on first quarter closings, there is a 9 month supply of housing in the county. Foreclosures: Foreclosure filings during the first quarter decreased by 41%. Distressed listings represent 1%, down from 3%. Chapel Hill: Inside the Chapel Hill School District, closings were up 2%, the median sales price increased by 13%, and the average sales price increased by 2%. Durham County Inventory: Traffic: Pending Sales: Closed Sales: Supply: Foreclosures: Chatham County Inventory: Traffic: Pending Sales: Closed Sales: Supply: Foreclosures:

As compared to first quarter 2013, the number of active listings decreased by 12%. Of all active listings at the end of the first quarter, 25% had dropped their price at least once. The average price drop was 7%. There was a 4% decrease in showings as compared to the first quarter 2013. There was an increase of 5% compared to the first quarter 2013. Year-to-date closings are up by 8% compared to the first quarter 2013. The average sales price is up 9% ($205,000). Cash transactions accounted for 28% of the closings. The median sales price increased by 10%. Based on first quarter closings, there is a 5 month supply of housing in the county. Foreclosure filings during the first quarter decreased by 20%. Distressed properties account for 7% of the total listings.

As compared to the first quarter 2013, the number of active listings increased by 2%. Of all active listings at the end of the first quarter, 30% had dropped their price at least once. The average price drop was 7%. There was a 2% increase in showings as compared to the first quarter 2013. Listings with a pending or closed status increased 2% over the first quarter 2013. Quarterly-to-date closings are up by 22% compared to 2013. The average sales price increased by 9% as compared to a year ago. Cash transactions accounted for 22% of the closings. The median dollar per sq ft increased by 7%. Based on first quarter closings, there is a 10 month supply of housing in the county. Foreclosure filings during the first quarter decreased by 25%. 5

Cary / Apex / Morrisville Inventory: Traffic: Pending Sales: Closed Sales: Supply: New Construction:

As compared to 2013, the number of active listings decreased by 14%. Of all active listings at the end of the first quarter, 28% had dropped their price at least once. The average price drop was 4%. There was an 18% decrease in showings as compared to the first quarter 2013. There was a decrease of 4% compared to the first quarter 2013. Year-to-date closings are up by 6% compared to 2013. Transactions with financial concessions accounted for 47% of all closings. Based on first quarter closings, there is a 3 month supply of housing in the areas. First quarter 2014 building permits were up 25% over the first quarter 2013.

Wake County Inventory: As compared to 2013, the number of active listings decreased by 4.1%. Traffic: There was a 17% decrease in showings as compared to the first quarter 2013. Pending Sales: There was an increase of 1% compared to the first quarter 2013. Closed Sales: Year-to-date closings are down by 3% compared to 2013. The average sales price increased by 3%. Supply: Based on first quarter closings, there is a 3 month supply of housing in the county.

Luxury Homes

Priced at $500,000 and above

Inventory: As compared to 2013, the number of active listings increased by 14%. Of all active listings at the end of the first quarter, 28% had dropped their price at least once. The average price drop was 6%. Traffic: There was a 5% decrease in showings as compared to the first quarter 2013. Pending Sales: There was an increase of 21% compared to the first quarter 2013. Most in the $500K - $599K price range. Closed Sales: Year-to-date closings are up by 40% compared to 2013. Quarterly closings where the original list price had not been changed closed at 98% of list price. Quarterly closings that had at least one price reduction closed at 90% of list price. Supply: Based on first quarter closings, there is a 9 month supply of luxury housing in the Triangle Area.

Market Report All data is from Triangle MLS. The search periods were as follows:

PAST 5/1/2012 to 5/1/2013

RECENT 5/1/2013 to 5/1/2014

Absorption rate is derived by dividing the active listings by the average number of sales per month in each price category. 7

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

Number of Sales recent past

0 0 0 2 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0

recent past

0 0 0 0 140 0 0 0 0 0 0 0 0 195 0 0 0 0 0 0

Dollar per Sq Ft

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

2 0 8 16 16 10 3 3 0 0 0 0 7 3 3 3 0 0 0 0 166 0 301 320 352 377 376 416 0 0 0 0 281 261 378 377 0 0 0 0

recent past recent past

0 0 0 1 2 3 0 0 0 3 0 0 0 0 4 2 3 2 1 2 0 0 0 206 147 163 0 0 0 195 0 0 0 0 211 145 177 185 152 194

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

2 0 136 0

6 14 136 137

8 13 147 145

1 1 243 154

3 3 216 303

4 1 197 149

1 1 168 178

0 3 0 194

2 2 216 234

0 3 0 213

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

1 10 66 62 38 27 24 23 8 11 1 11 51 52 39 17 21 10 6 6 90 133 145 159 174 166 200 187 182 196 52 140 145 151 150 159 188 205 173 228

Townhome and Condominium more than 10 years old 8

Number of Sales Dollar per Sq Ft

recent past recent past

19 82 25 4 0 0 0 0 1 0 10 65 14 3 0 0 0 0 1 0 87 113 158 134 0 0 0 0 216 0 82 113 156 169 0 0 0 0 258 0

greater than $2,000,000

$1,500,000 - $2,000,000

1 0 0 1 0 0

158 0 0 171 0 0

3 0 0 0 0 0 498 0 0 0 0 0

1 0 0 3 1 1 204 0 0 177 195 311

0 0 0 0 0 1 0 0 0 0 0 480

6 2 0 7 0 0 257 350 0 219 0 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

5 2.5 months

$100,000 - $199,999 current inventory: absorption rate:

55 6.7 months

$200,000 - $299,999 current inventory: absorption rate:

35 3.9 months

$300,000 - $399,999 current inventory: absorption rate:

37 5.2 months

$400,000 - $499,999 current inventory: absorption rate:

36 6.5 months

$500,000 - $599,999 current inventory: absorption rate:

25 6.9 months

$600,000 - $699,999 current inventory: absorption rate:

16 6.9 months

$700,000 - $799,999 current inventory: absorption rate:

114 6.5 months

$800,000 - $899,999 current inventory: absorption rate:

9 9.8 months

$900,000 - $999,999 current inventory: absorption rate:

5 4.3 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

17 18.7 months

$1,500,000 - $2,000,000 current inventory: 5 absorption rate: 31.3 months greater than $2,000,000 current inventory: absorption rate:

7 no sales to compare

East Chapel Hill High School

$1,000,000 - $1,499,999

Absorption Rate

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

Number of Sales recent past recent Dollar per Sq Ft past

0 0 2 1 16 4 3 4 1 0 0 0 0 3 24 2 5 0 1 0

0 0 2 1 16 4 3 4 1 0 0 0 0 162 152 134 161 0 212 0

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 0 23 10 10 3 0 0 0 0 0 3 12 3 1 0 0 0 2 0 0 0 148 262 253 285 0 0 0 0 0 126 131 289 290 0 0 0 309 0

recent past recent past

0 0 0 0

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

0 0 0 0

1 1 168 168

4 4 155 145

5 7 169 169

12 6 162 157

4 7 187 168

4 5 178 140

2 1 215 171

1 0 187 0

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

1 9 13 11 0 0 0 0 0 0 0 2 6 7 1 0 0 0 0 0 83 140 141 123 0 0 0 0 0 0 0 141 126 118 111 0 0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

3 6 47 60

20 26 147 158

54 55 161 151

40 29 173 145

33 25 155 153

17 10 152 155

10 7 170 155

1 2 161 190

6 1 188 198

0 0 0 0

Townhome and Condominium more than 10 years old 10

Number of Sales Dollar per Sq Ft

recent past recent past

4 36 3 2 0 0 0 0 0 0 6 16 4 0 0 0 0 0 0 0 65 125 168 195 0 0 0 0 0 0 63 144 143 0 0 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

2 0 0 0 0 0 246 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

5 7.5 months

$100,000 - $199,999 current inventory: absorption rate:

25 4.6 months

$200,000 - $299,999 current inventory: absorption rate:

26 3.2 months

$300,000 - $399,999 current inventory: absorption rate:

43 7.4 months

$400,000 - $499,999 current inventory: absorption rate:

28 5.3 months

$500,000 - $599,999 current inventory: absorption rate:

22 7.3 months

$600,000 - $699,999 current inventory: absorption rate:

11 7.8 months

$700,000 - $799,999 current inventory: absorption rate:

1 1.3 months

$800,000 - $899,999 current inventory: absorption rate:

4 5.3 months

$900,000 - $999,999 current inventory: absorption rate:

5 62.5 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

3 18.8 months

Chapel Hill High School

$1,000,000 - $1,499,999

Absorption Rate

$1,500,000 - $2,000,000 current inventory: 1 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

1 no sales to compare

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$300,000 - $399,999

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

Number of Sales recent past recent Dollar per Sq Ft past

0 0 0 1 1 0 0 0 0 0 0 0 0 2 0 0 0 0 1 1

0 0 0 192 167 0 0 0 0 0 0 0 0 180 0 0 0 0 233 183

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 0 0 0

3 1 101 107

5 7 131 135

1 1 192 150

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

recent past recent past

0 0 0 0

1 0 116 0

0 0 0 0

1 0 171 0

0 1 0 164

1 0 255 0

1 0 1 1 0 3 1 0 172 0 253 192 0 140 160 0

0 0 0 0

3 9 160 155

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

1 0 54 0

14 19 130 140

19 23 133 136

26 26 149 139

24 29 165 155

12 10 165 172

11 2 0 4 13 3 1 2 178 201 0 194 167 194 148 152

5 11 120 84

27 16 139 133

25 12 179 157

5 9 181 158

1 1 176 165

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Townhome and Condominium more than 10 years old 12

Number of Sales Dollar per Sq Ft

recent past recent past

greater than $2,000,000

$1,500,000 - $2,000,000

1 0 0 1 0 0

245 0 0 214 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 2 0 0 0 0 0 203 0 0

0 0 0 0 0 0 0 0 0 0 0 0

1 0 0 2 0 0 362 0 0 198 0 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

0 no sales to compare

$100,000 - $199,999 current inventory: absorption rate:

29 7.7 months

$200,000 - $299,999 current inventory: absorption rate:

18 4.1 months

$300,000 - $399,999 current inventory: absorption rate:

12 4.4 months

$400,000 - $499,999 current inventory: absorption rate:

17 7.8 months

$500,000 - $599,999 current inventory: absorption rate:

18 16.6 months

$600,000 - $699,999 current inventory: absorption rate:

7 7 months

$700,000 - $799,999 current inventory: absorption rate:

7 43.8 months

$800,000 - $899,999 current inventory: absorption rate:

4 50 months

$900,000 - $999,999 current inventory: absorption rate:

2 4.8 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

5 31.3 months

Carrboro High School

$1,000,000 - $1,499,999

Absorption Rate

$1,500,000 - $2,000,000 current inventory: 0 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

0 no sales to compare

$300,000 - $399,999

$400,000 - $499,999

$500,000 - $599,999

$600,000 - $699,999

3 1

2 0 0 0

0 0

2 0 0 0 0 0

0 0

83 81

84 78

122 0 0 0

0 0

163 0 0 0 0 0

0 0

recent past recent past

0 0 0 0

0 0 0 0 0 0 0 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0

recent past recent past

0 3 9 4 1 3 0 2 0 0 0 4 13 6 10 1 1 0 0 0 0 118 112 119 154 187 0 205 0 0 0 103 104 135 145 110 160 0 0 0

$900,000 - $999,999

$200,000 - $299,999

10 14

$800,000 - $899,999

$100,000 - $199,999

0 0

$700,000 - $799,999

less than $100,000

Price Range

New Construction Single Family

Number of Sales recent past recent Dollar per Sq Ft past

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales

recent past

Dollar per Sq Ft

recent past

0 0 0 0

1 1 75 81

0 0 0 0

0 0 0 0 0 0 0 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0

6 11 45 63

49 44 108 107

62 39 121 121

8 9 129 116

3 1 150 136

2 1 1 0 1 0 156 228 158 0 199 0

0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

4 6 152 162

Townhome and Condominium more than 10 years old 14

Number of Sales Dollar per Sq Ft

recent past recent past

3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 64 91 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

1 0 0 2 0 0 192 0 0 223 0 0

0 0 0 0 0 0 0 0 0 0 0 0

2 0 0 1 1 0 200 0 0 142 365 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

7 5.6 months

$100,000 - $199,999 current inventory: absorption rate:

25 4.5 months

$200,000 - $299,999 current inventory: absorption rate:

23 3.7 months

$300,000 - $399,999 current inventory: absorption rate:

19 15.2 months

$400,000 - $499,999 current inventory: absorption rate:

14 34.1 months

$500,000 - $599,999 current inventory: absorption rate:

5 10 months

$600,000 - $699,999 current inventory: absorption rate:

8 24.2 months

$700,000 - $799,999 current inventory: absorption rate:

4 16 months

$800,000 - $899,999 current inventory: absorption rate:

2 25 months

$900,000 - $999,999 current inventory: absorption rate:

1 no sales to compare

$1,000,000 - $1,499,999 current inventory: absorption rate:

6 24 months

$1,500,000 - $2,000,000 current inventory: 1 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

1 no sales to compare

Cedar Ridge High School

$1,000,000 - $1,499,999

Absorption Rate

$300,000 - $399,999

$400,000 - $499,999

$500,000 - $599,999

$600,000 - $699,999

3 4

4 5

3 31

9 2

3 0

0 0 0 0 1 0 0 0

0 0

128 91

103 107

113 112

128 125

128 0

0 0 0 0 142 0 0 0

recent past recent past

0 0 0 0

6 21 109 101

2 0 0 1 0 0 103 0 0 96 0 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

recent past recent past

1 0 89 0

12 20 97 93

13 8 100 105

4 2 145 126

2 2 0 0 2 0 1 0 149 164 0 0 126 0 152 0

0 0 0 0

10 2 0 0 6 2 0 0 96 100 0 0 90 90 0 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

29 44 54 53

69 68 105 96

4 4 189 167

2 0 1 0 5 0 1 1 157 0 138 0 161 0 154 182

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

recent Number of Sales past recent Dollar per Sq Ft past

$900,000 - $999,999

$200,000 - $299,999

$800,000 - $899,999

$100,000 - $199,999

0 0

New Construction Single Family

$700,000 - $799,999

less than $100,000

Price Range

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

17 15 124 113

5 7 115 120

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

51 36 129 121

39 17 125 125

13 6 135 151

Townhome and Condominium more than 10 years old 16

Number of Sales Dollar per Sq Ft

recent past recent past

greater than $2,000,000

$1,500,000 - $2,000,000

$1,000,000 - $1,499,999

Absorption Rate

0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 0 0 1 0 0 0 0 0 248 0 0

0 0 0 0 0 0 0 0 0 0 0 0

9 2.8 months

$100,000 - $199,999 current inventory: absorption rate:

52 6 months

$200,000 - $299,999 current inventory: absorption rate:

39 6.2 months

$300,000 - $399,999 current inventory: absorption rate:

24 4.7 months

$400,000 - $499,999 current inventory: absorption rate:

20 8.8 months

$500,000 - $599,999 current inventory: absorption rate:

8 9.8 months

$600,000 - $699,999 current inventory: absorption rate:

8 24.2 months

$700,000 - $799,999 current inventory: absorption rate:

5 31.3 months

$800,000 - $899,999 current inventory: absorption rate:

9 112.5 months

$900,000 - $999,999 current inventory: absorption rate:

1 no sales to compare

$1,000,000 - $1,499,999 current inventory: absorption rate:

4 no sales to compare

Orange High School

0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

$1,500,000 - $2,000,000 current inventory: 2 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

3 no sales to compare

$200,000 - $299,999

$300,000 - $399,999

$400,000 - $499,999

$500,000 - $599,999

$600,000 - $699,999

$700,000 - $799,999

12 39

9 12

0 0

0 1

0 0

0 0 0 2 0 0

0 23

82 78

90 99

0 0

0 139

0 145

0 0

0 0 0 193 0 0

recent past recent past

0 4 0 67

31 6 71 69

2 1 111 115

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

recent past recent past

6 11 47 44

37 43 74 71

29 17 91 90

11 8 120 111

1 0 117 0

3 0 152 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

6 3 52 50

7 3 67 70

1 0 110 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

104 120 49 38

172 153 90 86

65 52 106 100

25 15 113 134

3 4 121 103

1 2 106 118

0 1 0 214

0 0 0 1 1 0 0 0 0 145 140 0

3 1 62 64

3 1 58 120

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

$900,000 - $999,999

$100,000 - $199,999

0 1

$800,000 - $899,999

less than $100,000

Price Range

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Townhome and Condominium more than 10 years old 18

Number of Sales Dollar per Sq Ft

recent past recent past

greater than $2,000,000

$1,500,000 - $2,000,000

0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

43 4.3 months

$100,000 - $199,999 current inventory: absorption rate:

77 3.5 months

$200,000 - $299,999 current inventory: absorption rate:

50 5.6 months

$300,000 - $399,999 current inventory: absorption rate:

23 7.6 months

$400,000 - $499,999 current inventory: absorption rate:

21 63.6 months

$500,000 - $599,999 current inventory: absorption rate:

9 27.2 months

$600,000 - $699,999 current inventory: absorption rate:

6 no sales to compare

$700,000 - $799,999 current inventory: absorption rate:

2 no sales to compare

$800,000 - $899,999 current inventory: absorption rate:

2 no sales to compare

$900,000 - $999,999 current inventory: absorption rate:

2 no sales to compare

$1,000,000 - $1,499,999 current inventory: absorption rate:

1 12.5 months

Northern High School

$1,000,000 - $1,499,999

Absorption Rate

$1,500,000 - $2,000,000 current inventory: 1 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

0 no sales to compare

$900,000 - $999,999

$800,000 - $899,999

$700,000 - $799,999

$600,000 - $699,999

$500,000 - $599,999

$400,000 - $499,999

$100,000 - $199,999

$300,000 - $399,999

less than $100,000

$200,000 - $299,999

Price Range

0 0

0 3 2 1 1 1 5 6 0 0

5 1 0 0 0 0 0 0

0 0

0 140 123 108 130 127 106 0

176 0

165 179 0 0 0 0 0 0

recent past recent past

0 0 0 0

62 18 0 0 35 8 0 0 102 120 0 0 113 113 0 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

recent past recent past

3 3 76 49

14 7 10 6 18 9 7 6 98 120 114 121 88 109 126 116

0 1 0 223

1 0 0 0 0 1 0 0 136 0 0 0 0 170 0 0

2 7 99 80

12 5 3 1 18 4 1 0 133 108 191 216 140 217 220 0

1 1 218 182

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

61 75 61 53

198 100 32 16 156 92 19 7 105 130 157 158 102 132 140 139

4 6 148 177

5 0 202 0

49 21 73 63

34 7 1 0 18 1 2 0 100 187 236 0 112 177 167 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

New Construction Single Family

Number of Sales recent past recent Dollar per Sq Ft past

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

2 1 0 4 0 0 134 210 0 168 0 0

Townhome and Condominium more than 10 years old 20

Number of Sales Dollar per Sq Ft

recent past recent past

greater than $2,000,000

$1,500,000 - $2,000,000

0 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

2 0 0 0 0 0 183 0 0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

29 3 months

$100,000 - $199,999 current inventory: absorption rate:

86 3.2 months

$200,000 - $299,999 current inventory: absorption rate:

33 2.8 months

$300,000 - $399,999 current inventory: absorption rate:

16 4 months

$400,000 - $499,999 current inventory: absorption rate:

13 6.5 months

$500,000 - $599,999 current inventory: absorption rate:

8 16 months

$600,000 - $699,999 current inventory: absorption rate:

8 8.8 months

$700,000 - $799,999 current inventory: absorption rate:

1 4 months

$800,000 - $899,999 current inventory: absorption rate:

4 50 months

$900,000 - $999,999 current inventory: absorption rate:

1 no sales to compare

$1,000,000 - $1,499,999 current inventory: absorption rate:

2 8 months

0 0 0 0 0 0 0 0 0 0 0 0

Riverside High School

$1,000,000 - $1,499,999

Absorption Rate

$1,500,000 - $2,000,000 current inventory: 0 absorption rate: no sales to compare greater than $2,000,000 current inventory: absorption rate:

1 no sales to compare

0 91

102 122 123 143 117 120 118 159

172 150

158 0 0 155 170 180

recent past recent past

0 0 0 0

1 8 6 2 1 16 9 1 133 180 170 155 145 171 165 272

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

recent past recent past

2 4 70 38

6 27 39 16 9 28 39 8 111 115 110 131 110 103 110 123

6 13 172 149

7 0 0 1 6 3 0 1 146 0 0 157 154 151 0 132

0 1 0 16

23 11 3 1 8 11 1 0 109 121 177 141 113 121 164 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

28 30 36 34

189 259 104 31 150 170 82 20 112 117 128 144 105 114 125 149

12 10 181 156

11 11 2 3 11 8 3 5 183 187 179 227 182 184 179 200

45 28 67 61

139 3 5 1 66 9 1 0 100 115 124 138 100 123 106 0

0 0 0 0

0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

$900,000 - $999,999

$600,000 - $699,999

7 0 0 1 9 3 2 0

$800,000 - $899,999

$500,000 - $599,999 11 3

$700,000 - $799,999

$400,000 - $499,999

1 12 47 31 9 15 50 23

$300,000 - $399,999

$100,000 - $199,999

0 1

$200,000 - $299,999

less than $100,000

Price Range

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

212 0

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Townhome and Condominium more than 10 years old 22

Number of Sales Dollar per Sq Ft

recent past recent past

0 0

greater than $2,000,000

$1,500,000 - $2,000,000

$1,000,000 - $1,499,999 2 1

0 0

227 0 0 203 0 0

0 0 0 0

2 2 223 245

0 0 0 0

â&#x20AC;&#x2030;1 4 269 227

0 0 0 0

0 1 0 260

0 0 0 0

1 1 266 264

0 0 0 0

2 0 402 0

0 0 0 0

less than $100,000 current inventory: absorption rate:

18 2.8 months

$100,000 - $199,999 current inventory: absorption rate:

104 3.5 months

$200,000 - $299,999 current inventory: absorption rate:

82 3.1 months

$300,000 - $399,999 current inventory: absorption rate:

53 3 months

$400,000 - $499,999 current inventory: absorption rate:

27 3.9 months

$500,000 - $599,999 current inventory: absorption rate:

18 7.4 months

$600,000 - $699,999 current inventory: absorption rate:

8 3.8 months

$700,000 - $799,999 current inventory: absorption rate:

10 10.9 months

$800,000 - $899,999 current inventory: absorption rate:

0 no sales to compare

$900,000 - $999,999 current inventory: absorption rate:

2 4.8 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

0 no sales to compare

Jordan High School

Absorption Rate

$1,500,000 - $2,000,000 current inventory: 1 absorption rate: 12.5 months greater than $2,000,000 current inventory: absorption rate:

3 18.8 months

$900,000 - $999,999

$600,000 - $699,999

$800,000 - $899,999

$500,000 - $599,999

12 4 0 2 5 1 4 0

$700,000 - $799,999

$400,000 - $499,999

25 13

$300,000 - $399,999

58 122 81 51 86 29

$200,000 - $299,999

$100,000 - $199,999

less than $100,000

Price Range

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

0 3 0 11

0 133 130 140 137 145 172 168 0 164 0 127 125 140 134 167 167 167 197 0

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

recent past recent past

0 10 2 0 0 0 0 0 0 0 0 10 3 0 0 0 0 0 0 0 0 110 136 0 0 0 0 0 0 0 0 108 125 0 0 0 0 0 0 0

recent past recent past

0 15 63 57 38 25 16 10 5 0 2 17 56 38 32 25 15 7 2 0 0 106 134 147 136 143 155 178 160 0 42 94 131 142 126 132 139 169 172 0

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

0 7 17 0 0 0 0 0 0 0 0 11 13 0 0 0 0 0 0 0 0 114 148 0 0 0 0 0 0 0 0 111 149 0 0 0 0 0 0 0

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

11 68 60 47 24 14 11 2 2 1 8 57 52 43 15 18 7 2 2 2 48 106 126 140 141 149 154 182 175 152 62 108 122 137 146 157 163 150 238 148

Townhome and Condominium more than 10 years old 24

Number of Sales Dollar per Sq Ft

recent past recent past

2 15 14 2 0 0 0 0 0 0 14 10 7 1 0 0 0 0 0 0 75 110 112 149 0 0 0 0 0 0 54 107 119 141 0 0 0 0 0 0

greater than $2,000,000

$1,500,000 - $2,000,000

2 0 0 1 0 0

188 0 0 140 0 0

0 0 0 0 0 0 0 0 0 0 0 0

0 2 1 0 1 1 0 179 204 0 181 250

0 0 0 0 0 0

1 0 1 2 0 0 167 0 228 159 0 0

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

4 3 months

$100,000 - $199,999 current inventory: absorption rate:

39 3.8 months

$200,000 - $299,999 current inventory: absorption rate:

65 3.7 months

$300,000 - $399,999 current inventory: absorption rate:

107 5.6 months

$400,000 - $499,999 current inventory: absorption rate:

113 9.4 months

$500,000 - $599,999 current inventory: absorption rate:

73 13.8 months

$600,000 - $699,999 current inventory: absorption rate:

39 11.7 months

$700,000 - $799,999 current inventory: absorption rate:

21 15.7 months

$800,000 - $899,999 current inventory: absorption rate:

17 29.3 months

$900,000 - $999,999 current inventory: absorption rate:

7 28 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

13 52 months

$1,500,000 - $2,000,000 current inventory: 2 absorption rate: 12 months greater than $2,000,000 current inventory: absorption rate:

7 42.1 months

Northwood High School

$1,000,000 - $1,499,999

Absorption Rate

$300,000 - $399,999

$500,000 - $599,999

$600,000 - $699,999

53 51

262 146 264 116

104 78

39 17 9 7 12 6 9 7

0 0

104 118

126 114

125 127 115 125

141 141

156 165 196 181 145 174 189 188

recent past recent past

0 0 0 0

85 132 113 107

156 14 1 0 0 0 0 0 133 7 6 3 5 0 0 0 127 142 137 0 0 0 0 0 119 123 145 175 184 0 0 0

recent past recent past

0 0 0 0

6 15 110 112

172 129 122 114

447 261 169 72 122 128 113 122

163 51 59 26 139 152 133 138

3 1 117 59

252 215 103 96

138 104 114 110

25 3 12 3 131 135 112 128

1 1 136 143

2 0 0 0 1 0 0 0 182 0 0 0 191 0 0 0

6 6 66 65

312 377 114 108

685 531 118 111

367 241 121 115

70 52 145 142

43 28 152 149

47 42 82 76

273 210 96 93

56 7 3 32 4 2 123 120 124 121 130 116

0 0 0 0

1 0 0 0 0 0 0 0 247 0 0 0 0 0 0 0

$900,000 - $999,999

$200,000 - $299,999

3 2

$800,000 - $899,999

$100,000 - $199,999

0 0

$700,000 - $799,999

less than $100,000

$400,000 - $499,999

Price Range

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

38 16 10 7 6 3 153 179 179 135 148 159

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

159 97 131 128

15 3 5 12 4 3 154 153 217 181 204 177

Townhome and Condominium more than 10 years old 26

Number of Sales Dollar per Sq Ft

recent past recent past

greater than $2,000,000

$1,500,000 - $2,000,000

6 1 0 1 0 0

200 206 0 176 0 0

12 2 0 2 3 0 190 202 0 197 197 0

0 0 0 0 0 0 0 0 0 0 0 0

6 1 1 3 0 0 201 212 218 182 0 0

0 0 0 0 0 0 0 0 0 0 0 0

11 2.3 months

$100,000 - $199,999 current inventory: absorption rate:

118 1.5 months

$200,000 - $299,999 current inventory: absorption rate:

149 1.5 months

$300,000 - $399,999 current inventory: absorption rate:

135 1.8 months

$400,000 - $499,999 current inventory: absorption rate:

98 2.8 months

$500,000 - $599,999 current inventory: absorption rate:

46 2.4 months

$600,000 - $699,999 current inventory: absorption rate:

31 3.8 months

$700,000 - $799,999 current inventory: absorption rate:

28 6.3 months

$800,000 - $899,999 current inventory: absorption rate:

14 8.9 months

$900,000 - $999,999 current inventory: absorption rate:

8 6.4 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

10 6.7 months

Areas 005, 010, and 015

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

cary, Morrisville & Apex

$1,000,000 - $1,499,999

Absorption Rate

$1,500,000 - $2,000,000 current inventory: 2 absorption rate: 8 months greater than $2,000,000 current inventory: absorption rate:

6 75 months

50 41 19 5 19 15 3 1

0 0

135 125

109 114

136 128

169 162

172 177 203 208 178 193 223 144

recent past recent past

0 0 0 0

84 121 113 107

39 8 5 62 21 10 127 149 187 117 199 243

8 4 174 156

1 0 0 0 0 0 0 0 184 0 0 0 0 0 0 0

recent past recent past

0 0 0 0

3 11 137 124

39 41 35 31 123 133 107 123

34 30 148 141

26 23 154 147

14 15 5 3 13 5 8 4 169 178 173 187 162 199 196 197

8 20 79 72

235 188 106 103

157 42 99 25 122 187 128 170

9 11 215 197

3 1 167 150

3 4 0 0 1 2 2 0 215 230 0 0 275 245 264 0

21 48 70 58

405 370 112 106

537 333 444 239 135 151 132 144

140 111 173 170

83 47 178 174

40 23 14 9 30 16 9 3 181 194 197 207 167 184 195 185

277 193 69 66

504 379 102 97

101 36 9 1 54 25 5 2 146 153 151 234 133 135 171 161

$900,000 - $999,999

$600,000 - $699,999

28 41

$800,000 - $899,999

$500,000 - $599,999

40 17 28 27

$700,000 - $799,999

$400,000 - $499,999

4 31 9 42

$300,000 - $399,999

$100,000 - $199,999

0 0

$200,000 - $299,999

less than $100,000

Price Range

New Construction Single Family

recent Number of Sales past recent Dollar per Sq Ft past

New Construction Townhome and Condominium

Number of Sales Dollar per Sq Ft

147 159

Single Family Re-Sale less than 10 years old

Number of Sales Dollar per Sq Ft

Townhome and Condominium less than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Single Family Re-Sale more than 10 years old

Number of Sales Dollar per Sq Ft

recent past recent past

Townhome and Condominium more than 10 years old 28

Number of Sales Dollar per Sq Ft

recent past recent past

1 0 1 0 0 0 0 0 174 0 279 0 0 0 0 0

254 249

greater than $2,000,000

0 0 1 0 0 0 230 0

8 3 0 2 2 1 196 277 0 201 235 295

0 0 0 0 0 0 0 0 0 0 0 0

11 0 2 7 2 2 217 0 536 229 526 324

0 0 0 0 0 0 0 0 0 0 0 0

59 2.3 months

$100,000 - $199,999 current inventory: absorption rate:

225 2.2 months

$200,000 - $299,999 current inventory: absorption rate:

166 2.2 months

$300,000 - $399,999 current inventory: absorption rate:

124 2.9 months

$400,000 - $499,999 current inventory: absorption rate:

62 3.4 months

$500,000 - $599,999 current inventory: absorption rate:

55 4.8 months

$600,000 - $699,999 current inventory: absorption rate:

65 7.2 months

$700,000 - $799,999 current inventory: absorption rate:

49 7.2 months

$800,000 - $899,999 current inventory: absorption rate:

33 10.2 months

$900,000 - $999,999 current inventory: absorption rate:

11 7.8 months

$1,000,000 - $1,499,999 current inventory: absorption rate:

19 8.4 months

areas 001, 002, and 004

0 0 0 0 0 0 0 0 0 0 0 0

less than $100,000 current inventory: absorption rate:

Central Raleigh

8 3

$1,500,000 - $2,000,000

$1,000,000 - $1,499,999

Absorption Rate

$1,500,000 - $2,000,000 current inventory: 8 absorption rate: 32 months greater than $2,000,000 current inventory: absorption rate:

7 42.2 months

Fineâ&#x20AC;&#x2030; Homes 300 Crimson Oak Drive

300 Crimson Oak Drive Equal parts of grand and gracious make this home a liveable interpretation of regal design. A stately facade, grand foyer and liberal use of detailed woodwork capture a European air. While multiple fireplaces, tall windows and high ceilings foster a sense of intimacy that makes spacious rooms feel cozy. Complementing the vintage details are numerous present day necessities: a sizable heart-of-the-home kitchen; a resort-like pool and water feature; the inclusion of state-of-the-art technology as evidenced in the lower level theater. Requisite rooms on the main level include a vaulted foyer, spacious dining, vaulted study, generous living room, an open kitchen and hearth room and luxurious master suite. Constructed by Tripp Loyd, owners will have the confidence that every detail was attended to, every system honed perfection and that ultimate quality will make homeownership a to

pleasure for years to come. Offered at $1,350,000

5038 Heated Sq Ft / 1069 Sq Ft Porch, Patio and Terrace Five Bedrooms, Four Full and One Half Baths Sited on .53 Acres in Colvard Farms

1010 Maple Ridge Arts and Crafts is more than a decorating style. It is a philosophy that embraces the use of natural material and effects. It harkens back to the fine workmanship seen in the days of the guild system. 1010 Maple Ridge is an exemplary model of true Arts and Crafts construction. Natural nuances include the interplay of deep cherry and reflective maple wood mouldings as they encase ceilings, staircases, walls and windows. Built-in window seats, bookcases, inglenooks and sideboards are as functional as they are charming. Each room, from entry to bedroom, possesses a character and style that is unique and refreshing. The stunning kitchen has all the modern requisites to please the most discriminating chef. Every bedroom has a separate bath with tile that reflects its mood and theme. Abundant porches and patios provide vantage points to appreciate the 3.74 acre double lot. Friendly neighbors block parties. Here enjoy monthly is a house to treasure. Offered at $1,025,000 5232 Heated Sq Ft / 885 Sq Ft Porches & Patio Four Bedrooms, Five Full Baths 32 30 32

Sited on 3.74 Acres in Chapel Hill School District

5915 St. Mary’s Rd. There are luxury properties, and then there are properties that are in a class of their own. Envision an equestrian estate that features 12 acres of land, where your horses can roam and you can ride and explore on a daily basis. And situated far back from the street view in its own haven of privacy is this stunning all-brick Georgian style home. It’s hard to imagine all of this in Hillsborough, NC – just a few miles from the charming downtown area – but it’s true. The in-ground, concrete pool in the backyard offers a cool way to unwind after a day of riding. But inside, views to graciously sized rooms allude to the grandeur of the home. Pine floors, three fireplaces, a full unfinished basement with abundant storage, a large and bright sunroom, a paneled study with built-in bookcases, and second floor balconies overlooking stone terraces and the pool all accent this superb home in addition to its abundant living space.

Offered at $1,000,000 4921 Heated Sq Ft and a 4 Stall Horse Barn Four Bedrooms, Four Full and Two Half Baths Sited on 12.01 Acres Near Hillsborough and Duke University

33 33 33

3206Trailwood Drive European styling infuses this home with a French Country flavor and the enduring beauty of classic architecture. Features such as a capped cupola, a handmade knotty alder front door, and board-and-batten shutters add a layer of interest and continental ambience. Tennessee fieldstone and earth-toned brick convey a sense of permanence and stability. Inside, details create the character of the living space ~ the workmanship is evident in fine mouldings, the graceful sweep of an arch, and a curved balcony overlook that regally lifts the eye from the entry foyer to the upper level. Owners will appreciate the second story veranda, screened porch and covered patio with private treetop vistas. Open public rooms and private personal areas are found on each of the three levels. The master bedroom is on the main level; lower level offers a large recreation room with fireplace and bar, a the

suite and private entrance. bedroom garage Offered at $1,000,000 4936 Heated Sq Ft Five Bedrooms, Five Full Baths 34

Sited on 1.23 Acres in Croasdaile Farm

3100 Cornwall Road Galleries, sunken solariums, symmetric living and family rooms, long catwalks overlooking lower level living spaces â&#x20AC;&#x201C; using vaulted ceilings, skylights, recessed lighting and Pella casement windows with spectacular views to mesmerize with dramatic luminous techniques â&#x20AC;&#x201C; are all architectural elements and careful considerations utilized in the design of this modern, sleek home. Although this residence begins with lush, green landscaping set within a rolling terrain mirroring the Hope Valley community in which it is located. Inside, the foyer first introduces the tone for intricate lighting effects with a transom window over the double front door. Clerestory windows above the upper level gallery and four skylights drench the home in natural light. An immaculate kitchen with well-appointed amenities will surely please any chef. With open and spacious floor plan, your lifestyle and family size will easily an

be accommodated. Offered at $862,500 5101 Heated Sq Ft

Four Bedrooms, Three Full and One Half Baths Sited on 1.01 Acres, a short walk to Hope Valley Country Club 35

2537 Bittersweet Dr. This brick Georgian home oneâ&#x20AC;&#x2122;s eye is first drawn to the details that were considered in its design and the requisite features to complete it â&#x20AC;&#x201C; clean, uncluttered lines and spacious rooms throughout. Ten foot ceilings, hardwood flooring and intricate woodworking dominate the main level. Architecturally carved columns with wainscoting grace entryways between rooms and five-piece crown moulding. Plantation blinds in both the formal front living room and dining room help to regulate sunlight and temperature in an upscale fashion. The master suite found on the main level where its far exterior wall is anchored with glass doors providing access to the backyard brick patio with overhead trellis. A tiered retaining wall distinguishes the lush, verdant lawn from the rolling greenspace and tree line beyond. Although the home is set on a hill majestically vaulted over the street level below, the flat

backyard presents to play. a great place for children Offered at $850,000 4595 Heated Sq Ft Four Bedrooms, Three Full and One Half Baths 3836

Sited in Croasdaile Farm

4004 Sapling Trail This equisite low country home is a hybrid of Southern hospitality and modern convenience. The layout caters to family gathering and entertaining with a degree of formality and space definition. A traditional center-hall leads to the coffered great room which is anchored by the handsome stone fireplace pictured here. The kitchen and dining areas feature a second fireplace and wet bar. They open to exquisite gardens and a grand screen porch with the third fireplace. Behind the kitchen lies a charming and spacious utility area which houses a built-in desk and cabinetry. The grand master suite is on the main level, while three other bedrooms and two baths along with a bonus room are located upstairs. This dynamic, livable plan was custom designed and constructed by Will Johnson, an acclaimed Chapel Hill builder. Over 1,600 sq ft of outdoor living areas are all designed to be

maintenance free. Amenities abound in this special home. Offered at $850,000 3604 Heated Sq Ft / 1604 Sq Ft Porches and Patios Four Bedrooms, Three Full and One Half Baths Sited on 10.06 Acres in the Tree Farm Community 37

2545 Bittersweet Dr. To imbue a truly timeless quality, a home must pay homage to its roots, look forward into the future, all while being firmly embedded in the present. It is a balancing act of form, function and aesthetics that few homes actually achieve. Here, the balance is struck with quality materials, classic style and handcrafted details. The classic Southern exterior with a graceful front porch and bead-board ceiling immediately conjures up a sense of relaxation and comfort, while the vaulted ceilings of the foyer and family room create a sense of light and openness. A spacious and well-appointed kitchen displays quality materials such as Legacy cabinets, granite countertops and an accented tile backsplash. Dual fireplaces in the home are reminders of time past, while acting as beautiful centerpieces of modern design. An exquisitely landscaped patio and deck area combined with a graciously sized screened porch

make outdoor living a treat.

Offered at $825,000 4202 Heated Sq Ft Five Bedrooms, Four Full and One Half Baths Sited on .79 Acres in Croasdaile Farm 3836

3804 Sweeten Creek We all hear many superlatives in advertising and this home lives up to them all. It has everything from an exemplary location to perfection of style and condition. A home with a gorgeous view from the street sets the tone for even better things to come. The circular drive leads to a two-story entry and loft. Hardwood floors on the lower and upper level, high vaulted ceilings, a dynamic kitchen, irrigation system, private well for irrigation, whole house water filter, trash compactor, instant hot water dispenser and six bedrooms plus a bonus room grant elegance, great amenities and refined living. Situated in the Chandlerâ&#x20AC;&#x2122;s Green neighborhood in north Chapel Hill, enjoy the convenience of proximity to Historic Hillsborough, Durham, Downtown Chapel Hill and I-40. Fine dining, shopping, sporting events, attractions and university life are just moments away. Who could ask for anything more? Space, style and

substance. Offered at $825,000 4808 Heated Sq Ft

Six Bedrooms, Four Full and One Half Baths Sited in Chandlerâ&#x20AC;&#x2122;s Green 37

3644 Laurel Creek Creating a warm and inviting home does not happen by accident. The careful consideration of site, setting, floor plan and materials must all work in harmony to design a home that invokes a sense of permanence and warmth. Here, a brick and stone exterior mesh with the surrounding landscape to add refined character. Inside, high ceilings draw the eye through arched openings that delineate the formal living and dining areas. Throughout the house, there are private areas for contemplation, reflection and rest, and public rooms for laughter, games and fun. Over 6,000 sq ft provides space for generous multi-functional rooms throughout. The second floor baths have just been remodeled with granite counters, glass tile and sleek, modern design. The entrance to the Eno River State Park is a short walking distance away. Living near a sanctuary such as this is a joy, a wonder and a privilege. Close by is Duke University, outstanding dining and shopping.

Offered at $750,000 6073 Heated Sq Ft Four / Five Bedrooms, Five Full Baths Sited on 2.65 Acres in the Eno Woods 42 40

109 Palmyra Place Abundant windows and doors plus a layout designed with comfort in mind make the most of refreshing, captivating views. Come inside and discover an inviting spot to relax and unwind. The family room, the kitchen and the breakfast room are designed to make you feel like you are amidst a garden of serenity with abundant windows strategically placed to allow in plenty of sunlight while granting gorgeous sightlines of the immaculately manicured grounds with a mesmerizing water feature towards the rear of the property. The upper level of this home provides the versatility needed when it comes to family living. No matter how big yours is, plenty of room exists for all of your needs â&#x20AC;&#x201C; in fact, this home is deceptively large, with more and more rooms and living space unfolding as you navigate through. Situated on a quiet culde-sac lot in Silver Creek, this home boasts a floor plan with open flow and abundant space as its theme.

Offered at $748,000 4326 Heated Sq Ft Five Bedrooms, Four Full and One Half Baths Sited on .50 Acres in Silver Creek

18 Cortona Drive Live life to its fullest in this stunning one level home in a beautiful Italian style. Quality craftsmanship and attention to every detail – deep inset trey and vaulted ceilings, exceptional building materials, full size baseboards and crown molding, immaculate landscaping, stunning views through an abundance of windows, granite countertops and Viking appliances – merge to serve as a palette for the home you’ve always dreamed of. An open and flowing floor plan creates ease of movement and interaction, allowing entertaining to be an enjoyable option. The great room, with built-in wet bar area, encourages family life and time spent together. And outdoor relaxation is always welcomed with a screened porch and a paverstone patio perfect for grilling. Located in Maida Vale, a community influenced with a Mediterranean style, located in the middle of Chapel Hill and Durham, a great lifestyle

can blend with a great home.

Offered at $600,000 2853 Heated Sq Ft Three Bedrooms, Three Full and One Half Baths Sited on .22 Acres in Maida Vale 42

20 Al Acqua Upon entrance through the sturdy mahogany doors with wrought iron embellishments into the light-filled and open rooms, it is obvious you are walking into a home well built. The soaring cathedral ceiling, white oak hardwoods and abundant clearly defined living space ring out with a sense of permanence and purpose. Exposed beams in the kitchen add a rustic flair, while the granite countertops and backsplash reflect natural light around the room. The kitchen and adjoining bar area open directly to the great room. A confluence of outdoor views entices you out to the loggia, or covered patio. It is ideally situated to be an intricate part of the living space. The master suite lifts the eye and spirits with a trey ceiling, and the soul with a spa-like master bath. In addition, there are two bedrooms on the second level. Each bedroom a gracious walk-in closet and its own bath. A sun-filled recreation has

room completes the area. Offered at $600,000 3002 Heated Sq Ft

Three Bedrooms, Three Full and One Half Baths Sited on .2 Acres in Maida Vale

12 Wedgewood Road Constructed in the cottage style, 12 Wedgewood heightens awareness of the sensual qualities of niches and nooks, of heart pine floors and integrated bookcases, and of relationship with the landscape. Window seats, carved and crafted woodwork, and tall windows pair with the patio, porch, sunroom, garden and deck ... all in tune with the setting. The home's lyrical nature strikes a deep chord. An oversized kitchen with granite counters, a gas stove, Miele dishwasher, crisp white cabinets and generous sitting area create an area where family members gather, stories are told and memories are made.

The master bedroom is on

the main level. New owners will appreciated its updated bath with travertine, porcelain tile and leaded glass transoms. Three bedrooms are located on the upper level along with the handsome recreation room seen here. Note the cherry floors and bookcases. Enchanting

and layered with charm, and ready to endure ... a treasure. updated Offered at $575,000 3487 Heated Sq Ft Four Bedrooms, Two Full and Two Half Baths Sited on 1 Acre in Sedgefield, Chapel Hill Schools 44

15 Treviso Place First impressions always matter. They become our frame of reference for everything that follows. Though it may evolve over time, it is that first impression that is the harbinger for what’s to come. When walking up the curved flagstone porch to approach the mahogany front entryway, the first impression resounds with “Excellence.” Entering the home, it is immediately obvious that it was designed to make the maximum use of natural light. Arched windows in the formal living room match the curvature of the front door. Exposed beams running through both the living and dining room accent the ten-foot ceilings found throughout the main level of the home. From the dining room, two door-sized windows open to the private courtyard. The formal spaces in the home are also punctuated by doric columns. Architecture with style, elegance sophistication blends with a charming old world atmosphere that is and warm, inviting and casual.

Offered at $550,000 2884 Heated Sq Ft

Three Bedrooms, Three Full and One Half Baths Sited on .15 Acres in Maida Vale

201 Villa Drive Located in the Treyburn community of Durham, this exquisite villa with a private courtyard pool and covered walkway colonnade has recently undergone extensive renovations â&#x20AC;&#x201C; windows have been replaced throughout, a new roof has been upgraded, and the electrical and plumbing have been updated. The interior has even been refreshed with new carpet and paint. And the kitchen boasts new dual ovens and a new dishwasher. For the wine enthusiast, a wine cellar is located near the front entry. High ceilings offer tall windows and dramatic views of the golf course. Each bedroom is en suite, with three bedrooms found on the second level and the master on the first level. The master suite connects to a spacious office with a built-in wrap-around desk area and bookcases. Dual private master bathrooms with their own closets connect by an area featuring a deep, six-jetted tub and separate

shower. An amazing for refined living. opportunity Offered at $550,000 4191 Heated Sq Ft Four Bedrooms, Four Full and One Half Baths 46

Sited in Treyburn, with Golf Course Views

313 Edgewater Circle A first impression is always lasting, and this home extends one of an open and welcoming nature – first introduced by the front “rocking chair” porch where greeting neighbors passing by becomes a natural gesture. Inside, a circular flow between living spaces in a logical progression makes entertaining an easy endeavor. Site finished hardwood floors found throughout the downstairs make an elegant statement while the wood-burning fireplace in the family room adds a warming ambiance. The second floor is reserved for personal retreat with the master suite, two additional bedrooms, a bonus room and a study. Just outside the master suite is access to the upstairs porch. And with the importance of location, this home is in the heart of the ever-popular Southern Village, a fine example of a contemporary community designed to offer a full array of conveniences along with the more elusive charm of an “old-

fashioned” neighborhood. Offered at $525,000 2972 Heated Sq Ft

Three Bedrooms, Two Full and One Half Baths Sited on .13 Acres in Southern Village

100 Ledford Court Amazing homes are always found in amazing locations. And this traditional style home is no different. Sited on a cul-de-sac lot in the Fairfield neighborhood, it represents family life â&#x20AC;&#x201C; and just minutes from the shopping and dining of Southpoint in the heart of Durham. An open floor plan is evidenced all throughout the lower level, creating ease of movement and allowing rooms to interact with each other. Having both a living room and a family room encourages formal entertaining. Four bedrooms (including the master suite) and a bonus room upstairs allow for private living. The spacious master suite boasts a trey ceiling, adding dimension and elegance. Bay windows in both the master bedroom and breakfast room overlooking the back property create charm. Newly painted, new Pergo floors in the kitchen and family room and new carpeting on the upper level are recent upgrades to a home that is already in pristine condition. Offered at $285,000 2938 Heated Sq Ft Four Bedrooms, Two Full and One Half Baths 48 30 32

Sited on .28 Acres in Fairfield

323 East Columbia An eclectic mix of chic contemporary and earthy traditional – welcome to a home that exudes a modern, contemporary feeling...from the hardwood floors found throughout the downstairs to the woodburning fireplace with marble hearth and surround, up to the sleek, stainless ceiling fan and skylights above. The vaulted ceiling in the living room extends through the second level and creates a laid back style of living. Banks of windows drench this living space with glorious sunlight, ideal for all seasons. Upstairs, two bedroom suites are separated by a carpeted loft area – perfect if you have a roommate. All-in-all, this townhome offers room to breathe and a chic space to relax in, and is all about lifestyle – situated strategically right in the middle of the quintessential college town of Chapel Hill. Just a short distance to quaint coffee shops, wine bars and restaurants on Franklin Street, your

social life will thank you.

Offered at $289,000 1620 Heated Sq Ft Two Bedrooms, Two Full and One Half Baths Sited in Columbia Place, Walking Distance to Chapel Hill

Photograph from the Museum of Life and Science

Land Brookview The Brookview neighborhood is beautifully sited between Eastwood Lake and the Cedar Falls Park on the north side of Chapel Hill. Cedar Falls Park has a playground, tennis courts, and extensive walking trails through a typical upland forest in Piedmont North Carolina. Learn about the native plant life, look for crawfish and tadpoles in Cedar Falls Creek, or just enjoy communing with nature. An array of shopping and dining is convenient. Neighborhood Chapel Hill schools are nearby.

655 Brookview Road $255,000

â&#x20AC;&#x2030; .79 acres cul-de-sac lot basement lot

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The Drees Premiere Built Wyngate Plan The floorplan featured above can be built at 655 Brookview for $686,980. Go to the Drees website, www.DreesHomes.com, and click on “Build On Your Lot” for building specifications, alternative plans and pricing. 51

Sears, Roebuck and Com

â&#x20AC;&#x153;During the past few years there has been a tremendous demand for substantial and comfortable homes for an industious and trifty people. We offer you dependable qualities in a house, building materials at prices that are as reasonable as we can make them, and we place at your command the services of an organization that has been perfected to a high degree of efficiency.â&#x20AC;?

Sears, Roebuck and Company 1931

Honor Bilt 52

mpany

Magnolia The Magnolia was one of the largest Sears Homes. It was featured on the cover of their 1938 Home Catalogue and sold for $5,849, “already cut and fitted.” The Magnolia below is located in Benson, North Carolina. It was described in the Sears Catalogue as, “a close resemblance to Henry Wadsworth Longfellow’s Cambridge Massachusetts, residence.”

Modern Homes 53

he year was 1908 and America was soon to see many changes. There were only 8,000 cars and 144 miles of paved roads in the nation. Ford Motor Company introduced the Model T for $825, making automobiles affordable to more people. And suburbs expanded. The average wage was 22 cents an hour. Electricity was in its infancy. In 1910, only 10% of homes had electricity, but by 1930 that number was 70%. Many young families lived with their parents or grandparents. Boarding houses were also very common.

A House of Your Own Frank W. Kushel, an uncelebrated contemporary of Frank Lloyd Wright, began his impact on American housing in 1908. In 1906, Kushel was managing the china department for Sears, Roebuck and Company. He was asked to take over the unwieldy, money losing building materials department. Sales were down and excess inventory was sitting in expensive warehouses. Kushel was no architect, but he was clever at merchandising. He was convinced that the building supplies could be sold at a profit if storage could be centralized and the goods distributed in a coordinated package. One order could include everything . . . nails, screws, paint and roof shingles, windows and doors, woodwork, staircases and mantlepieces. And since the Sears' 500 page merchandise catalogue already sold everything needed to furnish a house, the sale of all those items would increase, too. Kushel’s boss, Richard Sears, recognized the plan’s potential immediately and so did the buying public. Sears’ reputation for quality, low prices, and reliability, carefully nurtured since the company’s founding in 1886, was like money in the bank for its customers. The company’s first Book of Modern Homes and Building Plans was issued in 1908 and brought immediate and enthusiastic response. Sears was not the first to offer catalogue homes, “Aladdin Houses” of Bay City, Michigan was two years ahead. But they did not have the Sears reputation or audience. Richard Sears grew up in a rural community, very few of which had electricity. Lumber was cut by hand saw and the process was both tedious and time consuming and required a degree of expertise and strength. One Sears ad said, “ You can hang your saw on a nail all day.”

In 1914, Sears began to offer a house kit. It included building plans and specifications along with the lumber and any other materials needed. The shipment included nails, screws, paint, staircases and windows. It did not include bricks and cement blocks because they would be cheaper to procure locally than to send by rail. Sears always furnished estimates of the finished cost of the house, including labor.

RENT RECEIPTS, OR A HOUSE OF YOUR OWN? The low prices and wide selection of designs in this book place a home within the reach of everyone. By our system you get your materials at manufacturer’s cost with one one profit added. Let your rent money pay for your home and in a few years you will have no more rent to pay.

We Need Your Good Will We would like you to know that when you purchasea house from us, w not only have your best interests in mind, but our own reputation. We want the house we sell you to be so good that you will be a frend and customer of ours forever afterward. We want to supply furnishings for this new home of yours. Don’t you see that it is a much to our interests as it is to yours that we save you money on your new home and furnish materials of which you and your friends will be proud?

Square Deal Assured If you are a customer of ours, we don’t need to tell you how big or reliable we are. YOU KNOW. But if you have never dealt with us, then any one of six millions of your fellow citizens, dealing with us and scattered over the entire country, will tell you that you can get a square deal from Sears, Roebuck and Company.

odern Homes Catalogues were issued from 1908 until 1940, sometimes as often as twice a year. Originally the plans were assigned numbers, but were later named with titles that often suggested a style to accompany the attractive illustration. The styles were deliberately conservative rather than innovative. In the 1910’s, plans focused on a simplified Queen Anne, Arts & Crafts Bungalows and Foursquares. The 1920’s introduced the Colonial Revival, Cape Cod Cottage, Dutch Colonial, and European Revivals. In over 32 years of production, Sears offered 447 floorplans that were both efficient and attractive, maximizing the usability of limited space. They were equipped with the most sought after conveniences of the time, including built-in china cabinets, dining 55

nooks, kitchen cupboards, built-in ironing boards, telephone niches, and medicine cabinets. Some of these amenities came as a part of the package, while others were options. Sears encouraged potential buyers to customize their designs with the aid of Sears' architectural department. They could flip a floorplan, change a roofline, add or subtract a room, a porch or a window, use a different entry detail, or expand room sizes. The house would still come pre-cut and ready to assemble.

The term “Modern Home” was part of the early 1900’s vernacular. It was a descriptive term indicating that a house had a centralized heating system, electricity and indoor plumbing, amenities that we take for granted today. “In this illustration we show one of our 5 800 ft. double decker lumber warehouses where 40 acres are devoted to the sorting, manufacturing, and shipping of lumber. Here you can see that all our lumber, even including that which is used for framing, is kept clean and dry, free from rot or discoloration.”

Sears offered different grades of housing, but their highest standard, and most popular, was the Honor Bilt Home.

Sears Roebuck 1926

Honor Bilt

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1. Rafters, 14 3/8 inches apart 2. Double Plates over doors and windows 3. Double Studdings at sides of doors and windows 4. Three Studs at corners 5. Outside Casing 1 and 1/8 inches thick 6. High Grade wood sheathing 7. Double Floors with heavy building paper between the subfloor and finished floor 8. 2x8 inch joists, 14 3/8 inches apart 9. Studdings, 14 3/8 inches apart 10. Best Grade of Cedar Shingles or Fire-Chief Shingle Roll Roofing, guaranteed for 17 years 11. All outside Paint, 3 coats; shingle stain, 2 brush coats

The Andara, pictured on this page, was built in Chapel Hill in the 1920’s. Two box cars of materials were delivered to the Carrboro train station. The owners had 24 hours to unload the box cars. Even though cars and trucks were more prevalent than a decade earlier, the short time to unload was an exciting challenge for many new homeowners. The charming Andara was known for its twin fireplaces ensconced with handsome cabinetry and high windows for cross ventilation.

" the Andara " Sears was proud of their reputation athe quality of the products that they offered. Sears used first growth lumber for their homes. “First growth lumber” is a name given to wood which grew slowly in natural forests. The slower wood grows, the denser the grain and the stronger the wood. The yellow pine framing members that support the century old Sears homes is harder and denser than today’s “hardwoods.” Owners frequently attest that it is nearly impossible to drive a nail into any of the framing with out pre-drilling a hole. Cypress, “the wood that lasts for centuries”, was used for outside finish. Interior floors were typically oak on the first floor, maple in the kitchen and bath, and yellow pine on the second floor. For an additional $15 you could upgrade the bathroom floors to ceramic tile laid in cement.

Sears lumber was stamped with a letter and a number (ex. B761). These numbers, coupled with the 75-page leather bound instruction book, enabled novice homebuilders to assemble 30,000 pieces or more to construct their home.

Richard Warren Sears

Richard W. Sears was born in Stewartville, Minnesota. His father was a blacksmith and wagon maker. During his boyhood in Spring Valley, Sears befriended Almanzo Wilder, the future husband of Laura Ingalls Wilder. After learning telegraphy, Sears entered the service of the railroad. He became station agent for the St. Louis Railway in Redwood Falls, Minnesota. In 1886, a shipment of gold-filled watches from a Chicago manufacturer was refused by a local retailer. Sears recognized the opportunity. The over 100 different time zones in America were a railroad nightmare. Often, time was determined by the placement of the sun. With national synchronized time zones the demand for watches would surely increase. Richard Sears turned a $50 investment into $5,000. He felt so confident that he founded the R.W. Sears Watch Company. He hired watch repairman, Alva Roebuck, to repair any watches that were returned. They became partners and formed Sears, Roebuck and Company in 1893. By 1897 their 500 page catalogue offered everything from clothing to silverware and plows. Sears catered to the rural customer because, having been raised on a farm, he knew what they needed. His railroad experience taught him shipping. In 1908, after initiating the Sears Modern Homes catalogue sales, Richard W. Sears retired to care for his wife, suffering from failing health. He died in 1914.

Sears began offering mortgage loans for their houses in 1911. Easy payment plans made homebuying attainable for masses and loan qualification was very lax. A 1920’s Sears mortgage application asked a few simple questions about the house and lot, but only asked one financial question: “what is your vocation?” World War I, the war to end all wars, ended in 1918 and soldiers returning home found a severe housing shortage exacerbated by the flood of immigrants pouring in through Ellis Island. The sale of Sears Modern Homes skyrocketed in the 1920’s. By 1931, Sears had sold 57,000 home kits throughout the country. For the next few years there were stops and starts. But, the losses of 1932 marked the beginning of the end. The Great Depresion had taken its toll.

In 1934, Sears liquidated more than $11 million of their home mortgages. Foreclosing and evicting Sears' best customers from their homes became a public relations nightmare.

Between 1932 and 1940, Sears probably sold another 15,000 to 20,000 homes. When the last Sears Modern Homes catalogue was issued in 1940, Sears had sold approximately 75,000 homes. Frank Kushel remained with the project until the end.

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Future generations would rediscover these Sears homes and fall in love with them, all over again.

In Vaucresson, France neighbors. A full-sca Sears, Roebuck and C as a tribute to the Ma Mount Vernon for an short months. The ul ft mansion in less than the portico, balustrad hardware, mantlepiec advertisement boaste

e, an affluent suburb between Paris and Versailles, there is a prestigious property that is distinctly different from its Gallic ale reproduction of Mount Vernon, George Washington’s Virginia residence was approved by the U.S. government and built by Company as the 1931 pavilion for the Exposition Coloniale Internationale De Paris (World’s Fair). Mount Vernon was selected arquis de Lafayette. Charles K. Bryant from Richmond, VA was selected as the architect, because he had designed a replica of n exhibition in 1915. The government awarded the construction to Sears upon their promise to complete the building in a few ltimate cost was $75,495. Sears, Roebuck and Company demonstrated American industrial efficiency by building the 11,000 sq n two weeks. Numbered pieces were shipped by boat to France. Every detail of the historic mansion was reproduced including de, and a pediment with an oculus. On the roof was an eight-sided wooden cupola. Inside, Sears copied all brass and bronze ces, stairs, trim, and cabinets. The speed and efficiency in which the exhibit was constructed was considered a miracle . . . a Sears ed, “just everyday stuff for us Yanks.” The three-story mansion still stands and was recently offered for sale for twenty-seven million dollars.

North Carolina Museum of Life & Science

Over sixty years ago, about 1946, a group of dedicated volunteers began Durham, North Carolina’s first trail-side nature center. Known as the “Children’s Museum,” the center flourished, and soon a collection began with dinosaur fossils and minerals.At the same time, in 1947, construction began on the University of North Carolina, Chapel Hill’s campus for the Morehead Planetarium. It was there that astronauts began training for space flights. Between 1959 and 1975, nearly every astronaut who participated in the Mercury, Gemini, Apollo, Skylab and Apollo-Soyuz programs trained at Morehead. The fever of space exploration and astronauts who trained in Chapel Hill motivated the search for an aerospace exhibit. Due to this focus on space exploration and training, a kind soul rented a truck to haul the now-famous landmark Mercury Redstone rocket from Alabama to its new home on Murray Avenue in Durham to grace the exterior of a burgeoning indoor/outdoor museum.

Prepare

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where learning is fun

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The 1970’s marked a period of expansion that included a name change to the North Carolina Museum of Life and Science and outdoor exhibits for large animals. Aerospace and Geology exhibits were expanded, and the Ellerbe Creek Railway was installed. The County of Durham appropriated operating funding for the first time in 1973, and the NC General Assembly provided capital support for facility improvements.

In 1986, a comprehensive Master Plan was devised introducing a second major period of growth in the Museum’s history. First, construction of an indoor Nature Center, featuring live North Carolina animals, was completed. In 1991, the Museum completed its Mercury Meeting Room, temporary exhibit gallery, expanded lobby and gift shop, new discovery rooms and an additional 6,000 square feet of exhibit space. This included a real Apollo Space Capsule, a fullscale Lunar Lander and a 13-foot tornado. The Lab provided a place for hands-on experiments and observations for many children. 1993 marked the completion of the Science and Technology Wing including a range of programs in the natural and physical sciences making the Museum one of the premier centers of informal science in the country.

An area called Soundspace allows visitors to explore how movement affects what you hear and see. For children 6 and under, Play to Learn gives them the opportunity to learn as they play. For children who enjoy building, Contraptions offers them the use of pulleys, ramps, catapults and more as they design their own contraptions. Future thinking of how the Museum might grow using its 84-acre campus emphasized expansion of natural science learning opportunities. Strategic plans resulted in the development of a two-phase interactive science experience dubbed BioQuest, one that the National Science Foundation proclaimed would become a “national model,” the first science center expansion linking people with plants, animals and interactive exhibits in the out-of-doors.

and Quality Time has Meaning for Children & Adults 63

Phase One began with the now beloved Magic Wings Butterfly House, an outstanding three-story tropical conservatory that is regarded as one of the nationâ&#x20AC;&#x2122;s finest. Bringing visitors into intimate contact with exotic butterflies in a tropical indoor environment, the facility also supports over 200 tropical plant varieties. One of the largest museum butterfly houses in the Southeastern U.S., the 5,000-square-foot tropical conservatory is encased with an additional 13,000 square feet of learning labs and the Bayer CropScience Insectarium, which officially opened in March 2000. The Insectarium features a rare assortment of exotic insects from around the globe, making it one of the top destinations of the Southeast to admire entomological life cycles.

from camouflage to brilliant color

As you approach the Butterfly House, stroll through the Farmyard. This has been a popular family tradition for more than a generation. The Museumâ&#x20AC;&#x2122;s farm animals are from both common and rare breeds. They include four alpacas, two pigs, a donkey, a Jersey steer, two rabbits, an owl and a collection of goats. 64

Phase Two of the BioQuest expansion plan included several exhibits. The National Science Foundation validated the quality of this one-of-a-kind outdoor learning experience with a $2 million grant. The people of Durham County offered resounding support for this project with over $11 million in bond funding.

the native to the exotic

Explore the Wild opened in 2006. It offers a study of black bears, red wolves and exotic lemurs. There is also a 750-foot deck and lookout over a 2-acre wetland habitat. Catch the Wind opened in 2007. It gives visitors the opportunity to understand the important role wind plays in the natural world. Several hands-on activities are designed to help visitors discover how people, animals and plants move with the air. Dinosaur Trail opened in 2009, thanks to private support of over $800,000 to supplement the $675,000 secured in Durham County Bond Funds. It takes the visitor into the world of late Cretaceous, North American dinosaurs. Included in this exhibit is the Fossil Dig with dirt that is filled with remains of ancient sharks, fish, corals and shells.

Nearby, children can stay cool in the mist that fills the Larry and Sharon PlayScape. They will have the opportunity to explore Into the Mist to experience the lure and phenomenon and watch as droplets of water suspended in air form clouds which hover over small valleys. They can listen to the rhythmic sounds of rain as it falls upon rock. Children can stroll through the lush green landscape and watch as rainbows appear, then disappear. Nearby, a young visitor can sail skyward on the bungee trampolines. Jumpers can reach heights of twenty feet above ground when aided by the kinetic energy from some super-stretchy bungee cords. Just outside the Museum doors sits Loblolly Park, a play yard filled with all kinds of structures to entertain and delight. Children can create music with drums and bells, or climb the multi-level play structure. An old caboose is nearby for further investigation. The Ellerbe Creek Railway provides the visitor with an old-time train ride through the Museum grounds. This 10-minute ride makes two laps through the Nature Park on a scaled replica C.P. Huntington locomotive, made possible by a generous donation from the Teer family. Today, new initiatives are underway at the Museum and are referred to as the Climbing Higher Campaign. The philosophy is this, go play outside! A different type of childhood can be discovered. What were your days like as a child? Did you ride your bike everywhere? Look for bugs under rocks? Play hide-and-seek until called in for dinner? Chances are you answered “yes” to at least one of these questions. The nature of childhood has changed. When today’s children are outside, they’re typically participating in a sporting event or organized activity. What children really need is time outdoors to look at the world up close, make up a game or simply reconnect with the wonder of the natural world. Research indicates children who regularly spend time playing outdoors are more creative, better problem solvers and more attentive in school. Hideaway Woods is a two-acre nature-based playscape that will be built inside the existing train loop and accessed by a pedestrian tunnel. It will engage children in healthy movement, exploration and skill development. The current Museum playground will become a gathering 66

spot between the Museum building and the outdoor adventures, and provide space for a new classroom. The experience will open summer 2015. Earth Moves is an innovative exploration of Earth sciences and systems that will be situated near the existing Catch the Wind exhibit. Visitors will control and witness powerful natural forces including erosion, moving water, an earthquake and more. Earth Moves will open in 2016. The Museum of Life and Science wants to immerse children in a natural learning environment that stimulates their senses, strengthens their bodies and expands their minds. By creating these two spectacular learning environments that allow children and families to interact with the science and wonder of nature in new and amazing ways this will be achieved. Daily programs are available at the Museum. In The Lab, a visitor can become a scientist and ask questions, and make observations which lead to discoveries. Expert volunteers are there to assist with these classes. This offers a wonderful opportunity for teachers to coordinate science lab programs with their science studies at school. Science-based summer camps are an ongoing part of the Museum. Some offerings include LEGO, Robotics, Flight, Exhibit Design, Art, Geology, Reptiles and Superheroes. Two locations are now offered for this summer. One is at the Museum in Durham; the other is at Glenwood

Elementary School in Chapel Hill. For information regarding these programs, one can call 919-220-5429, extension 324 or visit the website at www.lifeandscience.org. Other changes to the Museum are the outdoor Picnic Pavilion, the new Sprout CafĂŠ, where breakfast and lunch items are available, and a unique gift shop and full service coffee bar. Adults may find the Museum amenable for events such as weddings and receptions, private parties, or business. One thing is certain: the Museum of Life and Science is an ideal family adventure. One visit is not enough to discover the enchantment of this world class facility.

there is always something new to explore

67 65

Duke Children’s Every day at Duke Children’s Hospital & Health Center, we meet brave children and their families who are in need of hope, answers and, above all, care. For us, meeting the needs of these children and families serves as the driving force behind every one of our missions – from critical care and laboratory research to medical education and children’s health advocacy. Duke Children’s fundraising events and programs are so important. They provide necessary funding to support research, education and family-centered patient care.

rave children

Kennedy Goodwin is nearly 12-years old and dreams of becoming a marine biologist specializing in sharks. While she initially comes across as shy, Kennedy is a bright girl who loves to be active and have fun. She enjoys hanging out with friends, playing sports and she is a passionate Carolina Hurricanes hockey fan. This otherwise ordinary girl is everything but that. Kennedy Goodwin has led her family on a four-year, lifechanging journey marked by perseverance and strength. Immediately after she was born, Kennedy Goodwin was diagnosed with Goldenhar syndrome, a rare congenital craniofacial condition characterized by abnormal development of the ear, eyes, and spine. It is not preventable, and the cause is unknown. Among many other challenges, Kennedy was born with a short jaw on the right side, right-side facial paralysis, and without a right ear. By age eight, Kennedy had experienced 10 surgeries and hospitalizations. She underwent her first surgery at age two, followed by three surgeries on her spine and rib cage at five years old. Kennedy had to learn how to eat, talk, and walk again. She accepted most of these difficulties without complaint, with one exception: she wanted a right ear.

Her family made an appointment with Jeff Marcus, MD, FAAP, FACS, who is the associate vice chair of surgery at Duke Children’s Hospital & Health Center, the Paul H. Sherman Associate Professor, and director of the Duke Cleft and Craniofacial Program and Duke Facial Paralysis Program. “The first thing I remembered when we met him was that he got Kennedy to talk to him,” said her mother, Amy. “In the past, Kennedy often closed up to doctors and medical personnel. It clicked that he was the person for us.” Marcus recommended an autologous ear reconstruction, using Kennedy’s own tissue. In 2010, she underwent two surgeries: one to remove part of her rib cartilage, and a second, more delicate operation to implant the rib cartilage under the skin, contouring the shape and creating an ear lobe. During the healing process, the ear began draining, and a small hole formed. No more than 24 hours later, an infection had eaten the entire ear cartilage. The reconstruction had failed. “On the way home, we were both in tears,” said Amy. “I heard this little voice in the backseat say, ‘It’s OK. Dr. Marcus said he can fix it.’ That’s when I learned that it’s the child that sometimes looks after the parent.” Kennedy underwent a second attempt at ear reconstruction, using cartilage from the other side of the chest and a skin graft to repair the damaged skin. As with the first attempt, the unusual contour of Kennedy’s ear cavity and skull prevented the skin from grafting. Infection set in, and the ear had to be removed. The two failed reconstructions were devastating. But neither Kennedy nor Marcus were ready to give up. “I’ve tried to see her through all of the problems to get to a good result by any means possible,” said Marcus. He wanted to try a prosthetic implant, in which the implant becomes part of the bone, which serves as the attachment system for the prosthetic.

Making a Difference Marcus called upon David M. Kaylie, MD, MS, otolaryngology surgeon for Duke Medicine, and Jay McClennen, AOCA, CCA, CFm, a clinical anaplastologist with The Anaplastology Clinic, LLC. The team developed a prosthetic ear made of silicone specifically designed for Kennedy’s unique physiology. In November 2012, Marcus removed the last remnants from the previous surgeries. Kaylie performed the implant surgery to create an anchor system to hold the prosthesis by placing two titanium post implants into Kennedy’s skull. McClennen reviewed a custom surgical template of Kennedy’s face to locate the exact implant placement, assure compatibility to the bone, and ensure the implants are hidden by the prosthesis. After four months of recovery and waiting for the implant to heal and fuse to the bone, Kennedy received the prosthesis on the last day of July 2013. Her new ear looks natural, as if it has been there all her life. “Up until that point, none of us were ready to say that this was going to happen,” said Amy. “It was all very exciting and overwhelming to say we finally reached the end.” 75 69

Kennedy does not let her syndrome define who she is or set limitations for her: “It is what it is,” she says. One day she hopes to undergo smile surgery for her facial paralysis. But paralysis or not, today she smiles with new confidence, proudly tucking her blonde hair behind both her ears. “Because of Duke Children’s,” she said, “I can believe in myself.” For her courage and demonstrated character, Kennedy was chosen to serve as an ambassador for Duke Children’s as the 2014 Children’s Miracle Network Hospitals North Carolina Champion. Champions is a program that increases public awareness of CMN Hospitals, the financial need of children’s hospitals, and the importance of research, education, and care. It honors remarkable children who have faced severe medical challenges.

We are fortunate to have a Miracle hospital here in our area. Duke Hospital has been a part of the Miracle Network since 1984. The Children’s Miracle Network raises unrestricted funds for Duke Children’s Hospital & Health Center. These funds help support research, clinical care, advocacy and family support programs to help children and families heal both physically and emotionally. Duke Children’s treats over 200,000 patients each year and provides research findings that touch millions of lives worldwide.

For her courage and perseverance, Kennedy was chosen to serve as an ambassador for CMN Hospitals, Duke Children’s, and all the hospitalized children in NC. Kennedy will attend Duke Children’s and CMN Hospitals’ events and fundraising campaigns to celebrate specialized health care and research supported by CMN Hospitals fundraising. Champions will culminate in November 2014 with events in Washington, D.C., and Children’s Miracle Network Hospitals’ Celebration at Walt Disney World in Orlando, Fla. Learn more about the 2014 CMN Hospitals NC Champion and program at bit.ly/dcKennedy2014.

For more information about Duke Children’s, visit www.dukechildrens.org or find us on Facebook and Twitter. .

Fine Homes Division re/max Winning Edge

Proud Sponsor of the

Childrenâ&#x20AC;&#x2122;s Miracle Network & 71

Contact information Lucia Cooke

919. 225.3181

luciacooke@gmail.com Allison Cooke Zimmerman

919.818.5641

aczim11@gmail.com Cecil Cooke

919.599.4302

cecilcooke@gmail.com

w w w . l u c i a c o o k e . c o m