This past weekend we saw a dramatic change in the Triangle Raleigh real estate market it appears that the home-buying frenzy that's been going on for the past two years may have softened up just a
Raleigh Triangle Real Estate Market in 2022
Dated: April 26 2022
The Triangle housing market is booming, with demand and no supply continuing to grow. As we move closer towards summertime however there are still many challenges that face this hot area of North Carolina's economy including a lack in inventory for homes on sale which strains the current real estate climate even further as buyers struggle between bidding wars or waiting lists longer than ever before due most recently seen during springtime when several new construction projects were announced by developers who plan large scale buildovers within Raleigh itself over time.
The report from Zillow forecasts that home values will continue to grow through May, and according their forecast the rate would peak at 21.6% by December 31st 2021 if it meets this prediction! This means our region could see a historic high median price of nearly $400K in Wake County - which is more than twice as much as what's currently here now (around 15-20%).
The problem is that the Triangle area has been seeing greater than 21% spikes in its median sales prices. In January alone, this region saw an increase of 24%. The most notable changes happened near Durham County where it grew by 28%, which was higher then Wake Forest's 25%.
When Anastasija Oskina resolved to transition to real estate, she would never have anticipated the impact it would have not only to her clientsâ€™ lives but also to her as an agent. Having helped fami....