Gen Z buyers just hit a record 20 percent of home purchase rate locks nationwide. Here’s what that means for first-time buyers in Raleigh and the Triangle right now.
Gen Z Is Buying Homes in Raleigh NC Right Now: Here Is What the Data Says
Tag Archives: raleigh real estate affordability
How Do Today’s Home Prices Compare to Past Decades?
Key Takeaways: The headlines about declining housing affordability are correct—but they’re not taking into account inflation rates. Buying a home is actually more affordable today compared to almost every year in the last five decades, which means you can afford homeownership. Here at Linda Craft & Team, we want all our clients to take advantage […]
Are You Intimidated as a Young Homebuyer?
Key Takeaways: There are many home-buying myths that intimidate young buyers—and we’re here today to debunk these damaging myths. Buying a home is more affordable today compared to historical averages, which means you may be able to afford more home than you think. Here at Linda Craft & Team, we understand that being a young […]
Breaking Down Housing Affordability: The Bottom Line for Buyers
As of late, there’s been a lot of buzz about home prices going up, and a fair amount of anxiety about what that means for buyers. While some headlines have been announcing an “affordability crisis,” that’s perhaps an over-sensationalization of current conditions. If you’re worried about not being able to afford a home in the […]
A Quick Study Guide on What “Affordability” Means in Raleigh Real Estate
When we talk about “affordability,” a lot of definitions may come to mind. For real estate specifically, affordability is something of a hot topic. While it is true that buying a home is less affordable today than it was at any other time in the past decade, that has a lot to do with the […]