Good News & Bad News in the Raleigh Real Estate Market: July 2022
Prices are finally dropping for many homes in the Raleigh area but Raleigh buyers are backing out of deals.
Prices are finally dropping for many homes in the Raleigh area but Raleigh buyers are backing out of deals.
On Monday, June 6, 2022, Meta, Facebook’s parent company, announced that they were opening an office in Durham. While it is very exciting that another huge tech company is headed our way, the Triangle’s real estate market could get even more expensive.
The median sales price of Wake County real estate hit another new all-time high of $405,000 in November 2021—a $6,500 increase from October 2021’s price of $398,500.