Have Bahama NC Home Sellers Gone Insane? Is A Housing Catastrophe Coming?
Have you looked at home prices in Bahama NC lately? Are the home sale prices going up almost every time you fire up Realtor, Zillow, etc? According to Zillow, The typical home value of homes in Raleigh is $321,559. Raleigh real estate prices have risen 11.1% over the past year. This means, according to the math, that the Bahama home you see today goes up in value $794 tomorrow, and the next day and so on to the tune of $23,000 each and every month. This isn’t just true in the neighborhood you choose but everywhere in the Raleigh home market.
Your situation is apparent and your solution is simple if you’re purchasing a house in Bahama or anywhere in North Carolina you can think of right now. Move quickly. Get a competent real estate agent to help you with the increasingly scarce inventory that fits your budget and needs and get ready to navigate this challenging market.