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You are here: Home / Archives for Market Updates

Market Updates

Raleigh Housing Market Update: October 2023

by Ellen Pitts

My thoughts on the numbers. . . In the housing price data below, Cary and Morrisville had the greatest number of competing offers, however, price increases didn't necessarily reflect that competitiveness. While Cary had competing offers on 32% of sold properties, the year over year sales price … [Read more...] about Raleigh Housing Market Update: October 2023

Filed Under: Market Updates

Raleigh Housing Market Update: September 2023

by Ellen Pitts

All real estate markets are LOCAL. This means that even within a small geographic area like the Triangle, there isn't just ONE real estate market. There is a market for every price point, in every town, and they're all different! Here were our 2023 Market Predictions. Median Price Change … [Read more...] about Raleigh Housing Market Update: September 2023

Filed Under: Market Updates

Housing Market 2024 Predictions: What You Need to Know

by Ellen Pitts

2024 Housing Market Predictions: What You Need to Know

Zillow is predicting a significant price increase in the housing market in 2024. Robert Shiller, is not jumping on the bandwagon. If you don’t know who Robert Shiller is, he predicted the .com bubble in the early 2000’s. And then in 2007 predicted the 2008 housing market crash. While the … [Read more...] about Housing Market 2024 Predictions: What You Need to Know

Filed Under: Market Updates

How to Find the Best Mortgage Rate

by Ellen Pitts

These builders are offering 4.99% on New Homes.

No lie, You can find a 5.5% interest rate or even lower on your mortgage, even though the average rates are above 7%. This interest rate hack could save you $140,000 or more over the life of the loan!!  Savvy investors and and some buyers know about this.  But Most people don’t. Or … [Read more...] about How to Find the Best Mortgage Rate

Filed Under: Buyer's Knowledge Base, Market Updates

5 Reasons the Real Estate Market hasn’t Crashed. . .YET!

by Ellen Pitts

The housing market hasn't crashed. This is why.

The Real Estate Housing Market has become a hot topic of debate among economists and YouTubers. You can check out this post where we looked at economists predictions back in the beginning of 2023. OR, if you want to see what might happen in 2024, you should read this post on What You Need to … [Read more...] about 5 Reasons the Real Estate Market hasn’t Crashed. . .YET!

Filed Under: Market Updates

4 NC Cities about to Crash? Sloppy Research Debunked!

by Ellen Pitts

4 NC cities primed for a housing crash

Is there a housing market crash on the horizon? Many think so. Maybe there will be, but you've got to be careful about the arguments for or against a crash! There are four North Carolina cities that appear to be at risk of a housing crash. GoBankingRates did an analysis of the largest 200 … [Read more...] about 4 NC Cities about to Crash? Sloppy Research Debunked!

Filed Under: Market Updates Tagged With: housing market crash, North Carolina Real Estate Market

People are Fleeing the Worst Cities in North Carolina

by Ellen Pitts

NC cities that people are fleeing

Which cities are the worst cities in North Carolina? You are going to be shocked at the one place in North Carolina that people are desperate to get away from and which places people love living in.  As prices have continued to stay higher than most people are happy about, Americans … [Read more...] about People are Fleeing the Worst Cities in North Carolina

Filed Under: Market Updates Tagged With: Fleeing, NC cities, Worst Cities

Raleigh Housing Market (May 2023): Strange things happening – Don’t buy blind

by Ellen Pitts

Raleigh Housing Market 2023 winners and losers

How has the Raleigh Housing Market played out in the first part of 2023? Which Triangle towns are increasing in value? Which are decreasing? We’re also going to look at which towns had the most competing offers. And how likely it is that you will encounter competing offers wherever … [Read more...] about Raleigh Housing Market (May 2023): Strange things happening – Don’t buy blind

Filed Under: Market Updates, Raleigh, Triangle Suburbs

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