Category: Market Update
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The Popular Price Point
In the Raleigh Triangle Area, the MLS uses a service to schedule showings. I well remember the days when an agent had to call each separate real estate company with fingers crossed, hoping someone was on phone duty to give out lock box combos. Now every member of the MLS pays a monthly fee to…
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Home Appreciation, Past 10 Years
As this graph shows, Over the past 10 years, ups and downs in Wake County real estate prices have been relatively modest. No big bubble — no big bust. Most people who bought residential real estate before 2006 are selling at or above what they paid, those who bought after 2006 are going to get…
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Triangle Market Update — Surprise! Good news!
At this point, it feels like news from the housing industry has been mired in gloom and doom for a very long time — but take heart! Here in the Raleigh/Wake County area, at least some indicators are moving in the other direction. Would you believe — Foreclosures are down! Distressed properties accounted for 20%…
ADVENTURES IN REAL ESTATE 