It is unbeleivable that Raleigh mortgage rates are below 4% — this may be causing a shift from a buyer’s market to a Sellers market. Seriously, we are not in a full force “Seller’s Market” though-out the Triangle however I have been seeing a shift as many of my Clients are being caught in a bidding war competing against multiple offers. Remember, real estate is local…and hyper local (i.e. neighborhood by neighborhood) so consult your trust real estate professional.
Today, the NewsObserver published an article recently titled “Triangle Home Sales Up 20% in the First Quarter” – folks, this market is green and growing so if you have been thinking of buying your first home or considering to move up – NOW IS A GREAT TIME.
Here are some quick Kevin Martini fact to know:
Home showing up 11%
Pending home sales up 22%
Closings up 20%
The average sales price was $223,800
Pending home sales up 22%
Closings up 20%
The average sales price was $223,800
The gets news gets better…Raleigh mortgage rates remain near historic lows and now continues to be a GREAT time to purchase a home. The home affordability is at one of the best levels EVER.
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