Have Elm City North Carolina Real Estate Sellers Gone Crazy? Is A Real Estate Crash Imminent?
Have you looked at home prices in Elm City NC lately? Are the selling 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 values have risen 11.1% over the past year. This means, according to the math, that the Elm City 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 North Carolina home markets.
Your situation is apparent and your answer is simple if you’re purchasing real estate in Elm City or anywhere in North Carolina you can think of right now. Act quickly. Get a really qualified real estate broker to help you with the decreasing number of available homes that fits your budget and needs and get ready to journey through this challenging market.