Our WRAL Techwire team has been closely following trends in data in the Triangle real estate market. Their latest analysis shows that the market shows good news for buyers.
225,000 JOBS. ECONOMISTS HAD PREDICTED. >> AND JEFF, SOMETHING WE’VE ALSO BEEN TALKING ABOUT AT LENGTH FOR A LONG TIME IS THE HOUSING MARKET. AND THIS IS THE LATEST NEWS THIS MORNING FROM WRAL TECH WIRE. THEY SAY THE TRIANGLE HOUSING BOOM IS OVER. IT’S NOW A BUYER’S MARKET. PRICES HAVE BEEN DROPPING AND YOUR DAYS TO SELL ARE INCREASING EVERY FRIDAY. WRAL TECH WIRE TAKES A DEEP DIVE INTO THE TRIANGLE’S REAL ESTATE MARKET. AND THIS IS WHAT WE’RE FINDING TODAY. THEY SAY THE DAYS OF SELLING YOUR HOME ABOVE THE ASKING PRICE IN LESS THAN 24 HOURS WITH MULTIPLE OFFERS, THEY’RE NO LONGER. THEY SAY ALSO SAY THE MEDIAN SALE OF RESIDENTIAL REAL ESTATE IN WAKE COUNTY DROPPED ABOUT $25,000 LAST MONTH COMPARED TO JULY AND SOME REAL ESTATE AGENTS ARE SAYING THAT THE MARKET, IT’S REALLY BEEN UNDERGOING A REBALANCING PROCESS SINCE EARLIER THIS YEAR. YOU CAN READ THE FULL ARTICLE ON WRAL TECH WIRE DOT
By Press Room