Factors like inflation and higher interest rates are putting constraints on people’s purchasing power.
CONFIRM IT’S AN ACTIVE SCENE HERE TONIGHT AS THE SEARCH FOR THAT GUNMAN. THANK YOU, MARK. WITH HOUSING PRICES SKYROCKETING, WE WANTED TO KNOW WHAT WILL $300,000 BY IN RALEIGH KNOW THE COMMUNITIES LIKE FAYETTEVILLE, DURHAM AND NASH COUNTY, WHERE YOU WANT TO LIVE CAN MAKE A BIG DIFFERENCE IN WHAT YOU GET FOR YOUR MONEY. THE BUREAU’S AARON THOMAS JOINS US LIVE WITH WHAT HE FOUND. AN ERRAND. IT’S A REALLY TOUGH MARKET OUT >> IF YOU’RE IF YOU WANT TO TALK ABOUT COMPETITIVE, WE ACTUALLY RAN INTO 6 DIFFERENT FAMILIES TOURING THIS PARTICULAR HOME BEHIND ME. IT’S HERE IN SOUTHEAST RALEIGH HAS 4 BEDROOMS. YOU KNOW, IT’S ON THE MARKET FOR ABOUT $367,000. IF YOU’RE WONDERING WHERE $300,000 WILL GET YOU. WELL, WE LOOK INTO 4 DIFFERENT LOCATIONS WHERE YOU CAN EXPAND WERE PURCHASING POWER. >> TRY FINDING A DREAM HOME OF THE TRIANGLE’S CUTTHROAT HOUSING MARKET. SO IT’S A EMOTIONAL ROLLER COASTER WEEKLY SO WELL. >> IT’S TIRESOME. AGGRAVATING FRUSTRATING. >> BOTH HAD RICK AND GINA LITTLE HAVE BEEN ON THE HUNT FOR ABOUT 4 MONTHS OLD, LOOKING FOR THE BEEN KIND OF FELT A LOS QUE FOR MY WIFE. SHE LOOKS COOK FACTORS LIKE INFLATION AND HIGHER INTEREST RATES ARE PUTTING CONSTRAINTS ON PEOPLE’S PURCHASING POWER LIKE A LOT OF PEOPLE ARE JUST GETTING PRICED OUT BECAUSE THE PRICES KEEP GOING UP. REALTOR AHMED MUSTAFA OFTEN LOOKED OUTSIDE THE TRIANGLE TO FIND OTHER OPTIONS FOR HIS CLIENTS. I ASKED HIM WHAT, $300,000 WOULD GET A BUYER AND THE CITY OF RALEIGH, $300,000 PROBABLY BE A TOWN HOUSE RIGHT NOW. >> BECAUSE IT JUST DEPENDS ABOUT LIKE YOU COULD PROBABLY MAYBE GET A SINGLE FAMILY. BUT IT REALLY JUST DEPENDS ON THE SQUARE FOOTAGE OF THE HOME. WE USED THE SAME PRICE RANGE TO FIND HOMES AND OTHER PARTS OF THE VIEWING AREA. A 3 BED 2 AND A HALF BATH HOME POPPED UP FOR SELL IN ZEBULON. THAT’S THE EASTERN PART OF WAKE COUNTY FOR $282,000. THERE’S A 3 BED, 2 BATH HOME ON THE MARKET FOR $297,000 IN DURHAM COUNTY AND NASH COUNTY, A THREE-BED ONE AND A HALF BATHROOM HOME COMES WITH A PRICE TAG OF MORE THAN $224,000. AND IN CUMBERLAND COUNTY, DOZENS OF HOMES ON THE MARKET UNDER 300,000 LIKE THIS ONE WITH 4 BEDROOMS, 2 AND A HALF BATHS FOR $285,000. YEAH. I THINK THAT’S STILL A DEAL. THE LITTLE FAMILY HOPING TO MAKE A BIG DEAL ON A DREAM HOME BY AUGUST. IT MIGHT NOT WORK OUT FIRST. GO AROUND THAT PAY TOMORROW. SOMETHING ELSE COULD BE THERE. >> AND WITH THIS MARKET BEING SO ASKED SEVERAL BUYERS THAT THEY WOULD CONSIDER LOOKING FOR A HOME OUTSIDE OF THE TRIANGLE. THEY SAID THEY LIKE TO STAY IN THE RALEIGH AREA BECAUSE THEY WANT TO AVOID COMMUTING. GERALD, WE HAVE SOME FABULOUS NEIGHBORHOODS OUTSIDE OF
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