2014 Raleigh Cary Real Estate Market Trends
Housing recovery has increased for the 20th straight month and although this has been the trend over the last year, however home prices are expected to moderate in 2014.
According to Zillow, Raleigh-Cary in North Carolina has seen a 5.14% population growth, the unemployment rate stands at 6.8% and the home price forecast is at 2.4% and therefore Raleigh-Cary has been identified as one of the 10 hottest housing markets in 2014. Read about the other hottest markets by clicking here.
Welcomemat Services, a company that sends coupons and incentives to shop local has reported, based on various sources of information that they analyze, that within the 52 zip codes in Wake, Durham and Orange Counties, the Cary-Morrisville Zip code 27519 has proven to be the most popular with an average of 405 new residents per month! Real the full story here by Dawn Kurry of the Triangle Business Journal.
US New home construction hit the highest percentage since February 2008. This indicates that builders are more bullish about the new home sales market. This is not only great news for the marketplace, but this will mean more jobs will be available further bolstering the US economy.
With all this positive and wonderful news, how could it not be the right time to buy | sell in Raleigh | Cary?
If you are considering an investment, I have the expertise, the team and the back up to assist you with your home purchase.
Please call me Cell: 919-800-0880 or email Lisa@LisaSouthern.com