Have Durham North Carolina Real Estate Sellers Gone Looney Toons? Is A Real Estate Collapse Happening?
Have you looked at home prices in Durham NorthCarolina 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 home prices have gone up 11.1% over the past year. This means, according to the numbers, that the Durham home you see today goes up in value $794 tomorrow, and the next day and so on to the tune of $23,000 every single month. This isn’t just true in the city you choose but everywhere in the Raleigh real estate market.
Your situation is apparent and your solution is simple if you’re purchasing a home in Durham or anywhere in North Carolina you can think of right now. Act quickly. Get a really qualified Realtor to help you with the increasingly scarce inventory in your price range and wishes and get ready to navigate this unprecedented real estate market.