Have Princeton NC Home Sellers Gone Looney Toons? Is A Housing Catastrophe Coming?
Have you looked at home prices in Princeton 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. Raleigh real estate prices have risen 11.1% over the past year. This means, according to the numbers, that the Princeton 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 home markets.
Your problem is apparent and your solution is simple if you’re going to buy real estate in Princeton or anywhere in North Carolina you can think of right now. Act 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 journey through this challenging market.