Raleigh Residential Real Estate – New Home Sale Statistics and Real Estate Market Analysis available for the Raleigh, North Carolina Area
Raleigh Residential Real Estate – New Home Sale Statistics and Real Estate Market Analysis available for the Raleigh, North Carolina Area
The Sky is Falling, the Sky is Falling! Or at least so said Chicken Little. If one listens to the main stream news organizations one might conclude the same about the real estate market – even in the Triangle area of North Carolina.
Don’t get me wrong, Raleigh area home sales have been dramatically impacted by the national real estate marketplace and the national economy. Wake County home sales continued to decline in September 2008 as compared to September of last year. Yet, Triangle Area homes appreciated an average of 4.8% this year.
While this is not the double digit gains of the past California boom times, the rate is significant when compared to the national average appreciation which is a negative 4.8% for this year.
Read my Raleigh real estate market update and check out the statistics for each of the four major counties by clicking here: Raleigh Real Estate Market Update
While I will not attempt to “predict” the future, everyone understands that one wants to purchase low and sell high. Now is a great time to purchase a home in the Raleigh, NC area.
Contact The PolingTeam or email me to learn what opportunities there are to invest in Raleigh residential real estate.
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