Have Red Oak North Carolina Home Sellers Gone Mad? Is A Real Estate Market Collapse Happening?
Have you looked at home prices in Red Oak 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 Red Oak 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 community you choose but everywhere in the Raleigh North Carolina home markets.
Your situation is apparent and your answer is simple if you’re going to buy a house in Red Oak 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 increasingly scarce inventory that fits your budget and needs and get ready to journey through this challenging real estate market.