Raleigh NC Real Estate Not A Buyers’ Market Yet
December 29th, 2006
Some Triangle homeowners have recently lowered their asking price and some local builders have thrown in some incentives to get their homes moving in the marketplace, but it is by no means a buyers’ market yet. The past two months have seen a decline in sales and buyers might think this signals a change in the market. Some areas have seen a shift but nothing substantial to indicate deep cuts and a wholesale sell off. Certain price ranges in some parts of the triangle may provide some bargains, but most price points in the Triangle are maintaining a steady trend.
The job market in the Triangle is strong and lots of people are wanting to move here. Sellers see that as a plus when deciding to hold out for their asking price. Undoubtedly, offers are being written for lower prices, but sellers are rejecting them. Many of them feel they have the time to wait and are willing to do so. If you are considering selling your home and would like some information about your area, contact Michelle Edwards, your Raleigh connection to the real estate market.






