Key points: Current market conditions have made this winter an ideal time to make a moveāfor buyers and sellers. Buyers can take advantage of rock-bottom interest rates, which could mean saving thousands of dollars on a home purchase. Sellers have the advantage of high buyer demand and low inventory, meaning prices are on the rise […]
Tag Archives: triangle market update
Economic Slowdown? No, Supply and Demand Set Home Prices
Spring and summer are traditionally hot seasons for real estate. However, the ongoing health crisis and talks of economic slowdown have many buyers and sellers worrying that real estate will suffer. Since supply and demand set home prices, we may be able to get an idea of whatās on the horizon. Supply and Demand Set […]
Market Update- First Quarter 2013
First quarter has ended and the Triangle Real Estate market is still very active and continuing to show positive signs for home sellers.Ā According the TARR, Triangle Area Residential Report, the average days on MLS is now 117 and our inventory levels dropped from 6 months in January to 5 months in February. Ā This is […]