Low Inventory & High Demand are Shaping the Raleigh Real Estate Market

A two-story brick home with a green lawn and a red "for sale" sign out front.

It’s safe to say that the housing market in Raleigh, and the rest of the country, has all but recovered from the last housing crash. Home values are on a steady increase, while the number of foreclosures and distressed property sales are at an all-time low.

Additionally, economists and market experts predict that the market will continue to stay strong for the remainder of 2019! This is great news for homeowners, especially those looking to sell.

Here’s the Breakdown

Right now, the real estate market is considered strong and healthy for both buyers and sellers. According to economists at the National Association of Realtors®, the only factor that might affect the market is a lack of inventory.

It’s common for buyer demand to increase during the summer, one of the most popular times to buy a home in North Carolina. However, our current inventory levels cannot keep up with buyer demand.

Many predict that this discrepancy will cause home prices to rise further.

Why Now is a Great Time to Sell

Two professionals shaking hands.

Fewer sellers are wanting to deal with the stress and time of selling a home in Raleigh. However, if you’ve long been considering selling your home now is the time to act!

With demand so high in key cities like Raleigh, you stand to make an excellent return on your real estate investment. Chances are, if you list now, your home will sell quickly and for top dollar. In fact, it’s not uncommon to receive multiple offers on your property in a short amount of time!

Looking for a Sign to Sell?

This is it. Allow Linda Craft & Team REALTORS® to help you make the most of the current real estate market! With our resources, expertise, and local knowledge we can sell your home within your timeline and for the most amount of money possible.

Give us a call today to begin exploring all your Raleigh home-buying options!

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