Key Takeaways: Home prices are surging this year, which is directly tied to strong buyer demand and low housing supply. Experts predict more moderate home prices in 2022, but next yearās prices will still be higher than the annual average over the last 25 years. Prices are expected to continue increasing into 2022āallow Linda Craft […]
Tag Archives: raleigh home prices
How Do Todayās Home Prices Compare to Past Decades?
Key Takeaways: The headlines about declining housing affordability are correctābut theyāre not taking into account inflation rates.Ā Buying a home is actually more affordable today compared to almost every year in the last five decades, which means you can afford homeownership.Ā Here at Linda Craft & Team, we want all our clients to take advantage […]
What Do Experts Forecast for the Rest of the Year?
Key Takeaways: Near record-low mortgage rates made for a strong housing market in the first half of 2021, but now real estate experts are looking forward to the rest of the year.Ā Expertsā forecasts are calling for sunshine in the Triangle, with continually low mortgage rates and more housing inventory.Ā No other team of Realtors […]
Will Home Prices Keep Getting Higher?
Key Takeaways: Here in the Triangle and across the country, dwindling inventory has helped to drive up home prices. Many buyers and sellers are wondering if these trends are here to stay, but it’s hard to know exactly what the market will do in the second half of 2021. Want to learn more about making […]
Home Prices are Not Crashing, They’re Coming to a Soft Landing
Over the last several years, home prices have increased substantially throughout the country. Many homeowners are worried that this means we’re headed towards another housing crash. Luckily, that’s not the case. We’ve written about it at length, but the real estate market is not heading towards a crash. While it’s true that home values are […]