Have Franklinton North Carolina Home Sellers Gone Nuts? Is A Real Estate Collapse Coming?
Have you looked at home prices in Franklinton 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 real estate values have risen 11.1% over the past year. This means, according to the math, that the Franklinton home you look at 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 town you choose but everywhere in the Raleigh, NC real estate market.
Your situation is apparent and your solution is simple if you’re planning to purchase a home in Franklinton or anywhere in North Carolina you can think of right now. Move quickly. Get a competent real estate broker to help you with the increasingly scarce inventory in your price range and wishes and get ready to navigate this unprecedented real estate market.