Let’s talk real estate, shall we? Rumors have been flying around like confetti about the Raleigh, NC, real estate market potentially crashing. But I’m here to set the record straight!
Now, let me start by saying I’m no fortune teller. I can’t predict the future, and I definitely don’t have a crystal ball hidden in my real estate toolkit. If I did, I’d probably be hailed as THE GO-TO AGENT, but that’s not what it’s all about. We’re in this together to succeed, and success is best shared!
Let me share a little story with you to illustrate the point. Recently, I took on a new listing. Now, this one was a bit of a unicorn—it had NO comparable properties (comps) to help guide our pricing strategy. A challenge? Absolutely! But challenges are what keep us on our toes and make life interesting. My clients understandably wanted to know how long their house might be on the market. I told them to expect around 21 days, based on the average days on market (DOM) at that time.
Guess what happened? We listed the property, and within 24 hours, we had a flurry of showings, multiple offers, and were under contract. Not only that, but we sold the house for $25,000 over the asking price and with no repair requests. Now, if that doesn’t scream “the market is strong,” I don’t know what does!
So, let’s set the record straight—the Raleigh real estate market is not crashing. Instead, it’s evolving into what I like to call a “normal” market. And guess what? A normal market is still an incredible one, creating fantastic opportunities for both buyers and sellers.
Insert Market Update for 1st Quarter
The data from the first quarter speaks for itself—houses are selling, inventory remains low, people are flocking to Raleigh (because, let’s face it, it’s an amazing place to live), and home values are continuing to rise. Raleigh is, without a doubt, a sound investment.
If you have any real estate goals or dreams—whether it’s buying, selling, or investing—just reach out to me. My mission is to assist you in setting up your most valuable asset that will help you accumulate wealth over time.
So, to wrap it up, don’t believe the rumors—the Raleigh, NC, real estate market isn’t crashing, and my diet is on track. Let’s connect and make your real estate goals a reality. Your future in Raleigh’s thriving market awaits!