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 year’s prices will still be higher than the annual average over the last 25 years. Prices are expected to continue increasing into 2022—allow Linda Craft […]
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. Experts’ forecasts are calling for sunshine in the Triangle, with continually low mortgage rates and more housing inventory. No other team of Realtors […]
Key points: Current market conditions have made this winter an ideal time to make a move—for 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 […]
Key points: Despite a year of uncertainty, experts say that the 2021 real estate forecast is a cause for optimism. Continued economic improvement, low interest rates, and growing home sales will help to keep the housing market strong in 2021. Home buyers and sellers will be active in the coming year. If you’re thinking about […]
During the beginning of the year, many anxious homeowners and would-be sellers questioned how the pandemic would impact the market. Experts also weighed in with varying results—some said home values would increase, while others predicted a housing crash akin to what we saw in 2008. As the year continues to unfold, it’s clear that the […]
The 2015 real estate market saw low interest rates and a healthy supply of homes for new buyers. MLS reported a 9% increase in sales. In 2016, Wake County taxes are set to increase as well as home interest rates, but that should not deter serious home buyers from seeking out new real estate investments. […]