Median Price Change & Competing Offers Median Price Year over year median price changes are listed by town in the graph below. The big story with prices is that they haven't come down in the way people continue to hope for. Economists are saying interest rates will likely remain high and … [Read more...] about Raleigh Housing Market Update: Second Quarter 2024
West Raleigh might be the best part of the city.
Best Part of Raleigh? What is the best part of Raleigh? Where do you get the best amenities? The most convenient location? We’re giving West Raleigh some love today. ITB and Midtown are great, people love North Raleigh, South Raleigh is growing, but we’re making the case … [Read more...] about West Raleigh might be the best part of the city.
Raleigh Housing Market Update: March 2024
Median Price Change & Competing Offers Median Price It's always great to keep in mind that median prices change a lot, especially when looking at small sample sizes. For example, only 14 homes sold in Morrisville this March. The smaller the town, the less significant the information is. … [Read more...] about Raleigh Housing Market Update: March 2024
Raleigh Housing Market Update: February 2024
Median Price Change & Competing Offers Median Price Keep in mind that median prices have limitations when looking at the market, especially when we're looking at shorter periods of time, like a month. They don't give an apples to apples comparison. Just because the median price is $450,000 … [Read more...] about Raleigh Housing Market Update: February 2024
Zillow vs Redfin: Which Price is Right?
Zillow and Redfin both use algorithms to estimate the value of your home. BUT, their estimates can vary dramatically from each other. Who has the better algorithm? Zillow says my home is worth $61,000 more than Redfin says it’s worth. Which one of them is right? The truth is, sometimes … [Read more...] about Zillow vs Redfin: Which Price is Right?
Raleigh Housing Market Update: January 2024
Median Price Change & Competing Offers Median Price Median prices aren't a great way to understand how the market is changing. They don't give an apples to apples comparison. Just because the median price is $450,000 right now (this is an example, not a real number) doesn't mean that it is … [Read more...] about Raleigh Housing Market Update: January 2024
Raleigh’s Eastern Suburbs Are Way Cheaper! (This is Why)
Have you noticed that home prices in the suburbs on the east side of Raleigh are way cheaper than home prices on the west side of Raleigh? There’s a bunch of reasons why, and today I’m going to show you all of them. Once we understand why the eastern suburbs are cheaper, we’ll take a look at … [Read more...] about Raleigh’s Eastern Suburbs Are Way Cheaper! (This is Why)
The BEST Month to Buy a Home in Raleigh (According to Data)
I’m going to tell you the best month to buy a house, and I have the data to back it up. If you’re thinking about buying a home this year, you might be wondering if there are particular months that are better for purchasing. When are sellers are more negotiable on prices? When are there the most … [Read more...] about The BEST Month to Buy a Home in Raleigh (According to Data)
