by Wilson Crow | Nov 28, 2011 | Market Update
I follow a bunch of housing statistics. But, one stat really caught my eye …The Number of Homes Available for Sale (aka “inventory”) is lowest in 6 years. As inventory drops, sellers regain leverage. What does this mean for the housing market in Raleigh, NC? To begin...
by Wilson Crow | May 24, 2011 | Market Update, Videos
The April home sales report for Raleigh, NC and the rest of the Triangle was just released and we saw a 13% decline year over year in home sales. You may think, how can economists say that the real estate market is improving when the market experienced a double digit...
by Wilson Crow | Apr 27, 2011 | Market Update, Videos
The biggest take away from the latest home sales update in March of 2011 is “stabilization”. Home sales were down in Raleigh, NC for the first quarter of 2011 vs. 2010. However, fewer homeowners have decided to put their homes on the market. While the...
by Wilson Crow | Apr 13, 2011 | Market Update
Raleigh/Durham continues to show its resilience in the real estate market. New construction activity is determined by the number of permits issued. Based on these figures, the Raleigh/Durham market ranked 3rd in permits issued on a per-capita basis. Not too shabby!...
by Wilson Crow | Mar 8, 2011 | Market Update
Builder magazine just reported that the Raleigh/Cary market is the healthiest in the country. With signs of a housing recovery, the Raleigh/Cary market is expected to recover quicker than almost any other city. With the mortgage rates still hovering around a...