Have Oxford NC Home Sellers Gone Looney Toons? Is A Housing Catastrophe Coming?
Have you looked at home prices in Oxford NorthCarolina 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 12 months. This means, according to the numbers, that the Oxford home you look at 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 real estate in Oxford or anywhere in North Carolina you can think of right now. Move quickly. Get a competent Realtor to help you with the decreasing number of available homes that fits your budget and needs and get ready to journey through this unprecedented real estate market.