Return of the First Time Home Buyers to Raleigh Real Estate!

Return of the First Time Home Buyers to Raleigh Real Estate!

Guess what? Homes are affordable again for First Time Home Buyers!
Now that the supply v.s. demand law has hit the wall on the supply side, the fall out
is falling prices for smaller homes in Raleigh, Morrisville, Research Triangle Park (RTP) and the Cary and Holly Springs areas filling the a demand for a good deal...or a great deal....and new home builders are leading the way to fill that demand (or desire) from First Time Home Buyers.

Builders in Raleigh area are cutting prices $15,000, $25,000, $40,000 and more. Unlike
a single home owner-seller, a new home builder can take a loss on a few homes to roll
over cash flow, and bingo, advantage: Home Buyer! Interest rates are
still historically low. Homes under $250,000, and especially under $200,000
in the Raleigh, Durham, Cary area are flying off the MLS, usually sold in
30 days or less.

Check out this recent story: http://promo.realestate.yahoo.com/on-the-path-to-a-housing-rebound.html

And to see those lower prices in Raleigh, Cary, RTP and Wake County areas in N.C., go to http://www.kasparteam.com/ for Award Winning Real Estate Coverage
Vic Kaspar
Lead Broker
Kaspar Team
RE/MAX Executives
Voice: (919) 380-0096
Fax & Voice Mail:
(919)-990-3040