Median price of Wake County real estate drops more than $13,000 in a month
The median price of all real estate sold in Wake County in January 2023 was $451,500, according to a new report from the Wake County Register of Deeds.
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Triangle Real Estate
Buying a home in the Triangle is more affordable than it’s been in months
Preliminary data shows that home prices rose 3.9% in the Triangle between January 2022 and January 2023. But that doesn’t make homes any more affordable.
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Affordable housing crises is getting worse – how can we fight it?
The affordable housing crisis in the United States has plagued Americans across the country since the Great Recession—and is only getting worse.
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Housing crunch: Whether buying or renting, rising costs hammer Wake households
Despite a recent dip in home sale prices and in median monthly rental price in Wake County, 26% of all households are now considered cost-burdened.
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Should you rent or buy a home in Triangle? Study says renting offers lower costs
A new study shows that it is still more affordable, on average, to rent a three-bedroom property than to buy one in the Triangle. Here’s why.
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Raleigh rents are falling, but that trend is not likely to last
Raleigh rents have fallen about 4% since August 2022. But that’s not likely to last, says one of the researchers involved in the report.
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Foreclosures spike 123% in NC, 149% in Raleigh as pandemic moratoriums end
Foreclosures increased by nearly 150% in the Raleigh metropolitan area in 2022, and were up about 123% statewide. Here’s what’s happening.
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Home price wars: 47% of Raleigh home sellers giving in to buyer demands
Nearly half of all Raleigh home sellers are capitulating to buyer demands in order to sell their homes in the region – much more than a year ago.
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Triangle housing tug of war: Buyers, sellers will do battle in a more costly market
Navigating the Triangle real estate market will be tougher at the beginning of 2023 compared to the beginning of 2022 – for both home buyers and home sellers. Let’s take a look.
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