Downtown Raleigh ended 2023 with 54 new storefront businesses and a steady stream of weekday visitors. Let’s unpack the latest data from the Downtown Raleigh Alliance, which is tracking the city’s post-COVID recovery.
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The rise in mortgage rates in 2023 brought the Triangle’s hot housing market to a grinding halt. Now, those rates are falling and sales are expected to pick back up.
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Stacker compiled a list of cities with the fastest-growing home prices in North Carolina using data from Zillow.
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Rents in Raleigh are still rising but at a significantly lower rate than a year ago – and a growing supply of apartments is helping keep prices in check, says a new study from ApartmentList.com
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People wanting to buy homes face a shortage of selections for several years to come, warns the top exec with the North Carolina Budget & Tax Center. Making matters worse, incomes are not keeping pace with soaring prices.
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Rents and home prices continue to increase, and with rising mortgage rates and bidding wars, Triangle renters are often unable to secure affordable housing.
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A recent Redfin report found that in Charlotte, nearly 1/3rd of all real estate transactions were from industry investors.
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Home prices saw double-digit price growth yet again in October, according to the S&P CoreLogic Case-Shiller National home price index. But the rate of increase may be moderating.
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Two recent reports that use different methodologies and data seek to identify the best time for homebuyers to buy a house. We may be entering the period where buyers may expect to get a better contract price, both reports agree.
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