Cities behind Raleigh on Forbes list include San Francisco at No. 2 and Austin, Texas at No. 3.RALEIGH — If you’re selling your home in Raleigh, good news is most likely knocking at the front door.
Terry Roswell has had quite a few showings for her Brier Creek home. It has been on the market for two months. She’s excited to hear Forbes Magazine named the Capital City the No. 1 place in the nation to sell a home.
“It has to be true. [Research Triangle Park] is right at our back door and this area has developed so much in the last seven and a half years since we’ve been here,” said Roswell.
Forbes says moderate growth and disciplined building over the last five years prevented Raleigh’s market from developing a significant glut like many cities across the country.
“The market in the Triangle is red hot,” said RE/MAX Realtor, Linda Craft. She’s not surprised to hear Raleigh’s No. 1 status either. She says business, lower taxes, good schools and good weather are all driving more people to the area. If you put your house up for sell, expect it to be sold quickly.
“Selling homes here in Raleigh, the average time on the market is about 60 to 90 days. With certain price points, certain locations, you can expect that to happen. When you look at the total inventory that is available, it can go very fast,” said Craft.
Roswell believes her big sell is right around the corner.
By: Kenneth Moton, www.news14.com