Triangle Real Estate Market Update: Heating Up, Cooling Off, or Leveling Out?

Описание: In this video, we discuss the current state of the real estate market in the Triangle area, including Wake Forest. The median home price in Wake Forest is around $485,000, up 3% from last year, and homes are spending an average of 28 days on the market. The overall Triangle market is active, with median prices holding around $450,000 and year-over-year growth between 2-4%. Mortgage rates are currently between 6.5-6.8%, which is a little higher than buyers may like, but it's still a good time to purchase, especially for those renting or needing to move this year. Sellers are advised to price their homes right and make them look sharp, as homes in this condition are still selling quickly, sometimes with multiple offers. Buyers are encouraged to act now, as they can 'marry the house and date the rate', with the help of lender partners who can provide creative payment options.

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I'm LisaG, Realtor with LPT Realty. You can feel free to contact me at
📲 919-623-2259

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