Raleigh Residential Real Estate – The Raleigh, NC shifting real estate market is still a good time for real estate investors. Third Quarter national housing vacancy rates were not statistically different from the same period last year.
Raleigh Residential Real Estate – The Raleigh, NC shifting real estate market is still a good time for real estate investors. Third Quarter national housing vacancy rates were not statistically different from the same period last year.
U.S. Census Bureau reported today that the national vacancy rates in the third quarter 2007 were 9.8 (+ 0.4) percent for rental housing and 2.7 (+ 0.1) percent for homeowner housing, the Department of Commerce’s Census Bureau announced today. The Census Bureau said the rental vacancy rate was not statistically different from the third quarter rate last year (9.9 percent), or the rate last quarter (9.5 percent).
Rental vacancy rates in the south averaged 11.9% in the 3rd quarter of 2006. This year they averaged 12.1% for the 3rd quarter. Homeowner vacancy rates edged up to 3.1% vs. 2.8% last year.
You can see the new home sales data and a Real Estate Market Update on the Poling Team website. Take a look:Â Raleigh, NC Real Estate Market Update
Looking to understand the numbers? We have entered a mixed market when it comes to home sales in the Raleigh real estate marketplace. We can help, visit our website to see recent home sales data for Durham, Johnson, Orange and Wake counties. Raleigh, NC Home Sale Statistics
Are you interested in buying or selling a home? Want to make an intelligent decision? Contact US and we will provide helpful professional advice. We would like to be your Raleigh, NC realtor of choice.