The financial crisis that accompanied the current pandemic caused hardship to certain industries and hurt many small businesses. However, it hasn’t rattled the world economy. It seems that a year later, things are slowly getting back to normal for many companies.
Home prices in the entire Triangle region rose over 13% as of March 31, 2021 vs. this same time in 2020. Even in 2020, prices were climbing significantly. In the most desirable zip code regions, the increase in home prices closed was over 15% in many cases. Now, we are…
In North Carolina, the biggest challenge for homebuyers is the lack of homes currently for sale. With listing inventory down 52% from a year ago, bidding wars are skyrocketing. As a result, home prices are climbing.
Many experts believe buyer demand will soften somewhat as mortgage rates are poised to bump up slightly. Some also believe the inventory challenge will ease as more listings come to market this year. For homebuyers, this could be welcomed news.
There is no better time to sell your home in the Triangle area than right now. The number of homes available for buyers is at an all time low. If you are considering selling your home, contact us immediately to get top dollar.
Located just north of Raleigh, Wake Forest is a beautiful small town with enough history, culture and activities to keep travelers entertained for days on end. Stroll through the historic downtown district, home to a charming community of art galleries, shops and restaurants
Nationally, the inventory of homes for sale decreased 39.2% over the past year in November…This amounted to 490,000 fewer homes for sale compared to November of last year. The Triangle area real estate market has the fewest homes available on the market in…
Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real estate market will not be one of them.