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Raleigh Real Estate Trends + Forecast for 2022

Raleigh Realty

The median sales price in Raleigh for a home ($419,000) is lower than the national median ($423,600). While resale homes are spending less time on the market, there are still more homes for sale than buyers in Raleigh. More Raleigh residents live in an owned home than a rented one. Home values will increase through 2022.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

They wonder if they missed their opportunity to buy before interest rates rise along with home values. It’s a similar tale for single-family homes as a subset of the market. New listings are up 6.3% Prices are lower month-to-month for single-family homes – down 2.9% Inventories improved fractionally.

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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. homes shy of what’s needed today. It may take decades to backfill stock, which is said to be roughly 4.5M

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