Have Chapel Hill North Carolina Home Sellers Gone Nuts? Is A Housing Market Crash Coming?
Have you looked at home prices in Chapel Hill 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 12 months. This means, according to the math, that the Chapel Hill 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 community you choose but everywhere in the Raleigh real estate market.
Your problem is apparent and your answer is simple if you’re going to purchase a house in Chapel Hill or anywhere in North Carolina you can think of right now. Move quickly. Get a top real estate broker to help you with the decreasing number of available homes in your price range and wishes and get ready to navigate this challenging market.