Have Home Sellers Gone Insane? Is A Real Estate Crash Coming?
Have you looked at home prices in NC 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. This value is seasonally adjusted and only includes the middle price tier of homes. Raleigh home values have gone up 11.1% over the past year. This means, according to the numbers that the 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 neighborhood you choose but everywhere in the Raleigh real estate markets.
Your answer is simple if you’re planning to purchase a house in or anywhere in North Carolina you can think of right now. Get serious and start quickly. Get a competent real estate agent to help you with the decreasing number of available homes in your price range and wishes and get ready to journey through this challenging real estate market
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