Archive for Home Sales Data

North Raleigh Home Sales Report

Curious what North Raleigh homes sales look like as we head into 2010? Below is a graph showing market activity for area 2 (As shown on the graph map above) using sales data from Triangle MLS, the local multiple listing service for the Raleigh area:

North Raleigh property sales

The end of the graph looks pretty nice, huh? Active listings drop [...]

How does Raleigh housing compare to boom markets?

Raleigh has taken some lumps during the real estate downtown but as you can see in the graph below, our pricing has outperformed the US average, Atlanta and the boom markets of Orlando, FL and Phoenix, AZ. I included Atlanta because of their explosive growth and the fact that they are a leading southern city. I included [...]

Zillow cheif economist speaks about new home buyer tax credit changes

Did you know that on-line home valuation monster Zillow.com has a chief economist? I like that they do because I feel opinions like his are market driven and not reports written for stock analysts.
Read New Homebuyer Tax Credit Proposal: Impact on the Housing Market by Stan Humphries. In his post he writes “Until now, we’ve [...]

Pending home sales on the rise

Raleigh area builders I am seeing succeed now are those that have adjusted their pricing to entice the hottest pool of existing buyers, first timers.

New homes sales down, inventories still shrink

Sales of newly built single-family homes fell 3.6 percent from August to September to a seasonally adjusted annual rate of 402,000, according to a report from the Census Bureau today.

Residential real estate in the news

Based on the index numbers, Charlotte home prices are approximately 9% lower than their peak in August in 2007. I have seen the same type numbers in the Raleigh area as well.

A few Raleigh real estate tidbits

Did you know the annual, average appreciateion rate for a detached, single family home in Raleigh is about 3%?

The million dollar question

What’s the market like for million dollar homes in Raleigh?

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