Hi, this has been a very interesting summer so far for buyers and sellers in the Raleigh area. Interesting because about 100 people a day move to the greater Raleigh area, and the pace of sales has not slowed down. So you don't find 'distressed' sellers who are willing to drastically cut prices like you hear about in other areas. Which is good for everyone. For sellers, they are getting 2 to 4% appreciation per year, consistently, since the late 80s, and for buyers, they can be confident that when they buy, the market is not the kind or does not have the history of erratic price changes, and getting 'caught' in the wrong side of a price swing. My wife and I have been selling and helping people buy since 1992, and I've never seen a buyer of ours loose money when they sell. Even when selling in less than a year!
If you have any specific questions or want other info, just let me know. I'll take the time to answer or look up the research.
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