Have Hillsborough North Carolina Real Estate Sellers Gone Insane? Is A Housing Market Collapse Just Ahead?
Have you looked at home prices in Hillsborough 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 real estate values have gone up 11.1% over the past year. This means, according to the numbers, that the Hillsborough 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 community you choose but everywhere in the Raleigh home market.
Your problem is apparent and your solution is simple if you’re buying real estate in Hillsborough or anywhere in North Carolina you can think of right now. Get serious and start 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 challenging real estate market.