AUGUST REAL ESTATE NEWS: THE TRUTH ABOUT WHERE HOME PRICES ARE HEADING

There are plenty of headlines these days calling for a housing market crash. But the truth is, they’re not telling the full story. Here’s what’s actually happening, and what the experts project for home prices over the next 5 years. And spoiler alert – it’s not a crash. Yes, in some local markets, prices are flattening or even dipping slightly this year as more homes hit the market. That’s normal with rising inventory. But the bigger picture is what really matters, and it’s far less dramatic than what the doom-and-gloom headlines suggest. Here’s why. Over 100 leading housing market experts were surveyed in the latest Home Price Expectations Survey (HPES) from Fannie Mae . Their collective forecast shows prices are projected to keep rising over the next 5 years, just at a slower, healthier pace than what we’ve seen more recently. And that kind of steady, sustainable growth should be one factor to help ease your fears about the years ahead (see graph below) : And if you take a look at ...

October by the Numbers: Homes are Selling Quickly in Winston Salem and The Triad areas of North Carolina!




October by the Numbers

October 17th, 2019
Homes are selling quickly, in an average of 31 days, and interest rates are still historically low. If you're thinking of buying or selling a home, let's connect and make these numbers work for you.

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