Raleigh NC Area Real Estate Market Update 2021

Raleigh NC Area Real Estate Market Update 2021

Raleigh, Durham, Chapel Hill and surrounding areas continue to be red hot! Most homes are getting multiple offers and selling almost immediately after hitting the market. Many homes are also getting sight unseen offers from buyers who have lost out on multiple offer situations that have occurred once the home hits the active market.  As a result of this activity, we are seeing drastically increased home prices and a continued lack of inventory.  While this market may be exciting for sellers. it has been very frustrating for many buyers. The worst hit buyers are those looking to get into their first home and buyers trying to use 100% financing options including our brave veteran's who are trying to use their VA loan benefits. It's extremely important to make sure you are speaking with your Realtor to discuss a plan for selling your home and even more so, a strategy for winning a bid on your next property. Take a look at this video courtesy of the nice team at Triangle MLS. And when you are done check out these New Construction Homes

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Phone: 919-830-0664
Dated: June 2nd 2021
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