Real Estate Double Dip: Why Buyers Love It and Sellers Hate It (via Triangle Real Estate Blog)

A friend of mine and all around super Realtor Justin Burleson wrote this great assessment of the local Raleigh Real Estate Market and I liked it so much that I have asked him to be a contributor on this site too.

Real Estate Double Dip:  Why Buyers Love It and Sellers Hate It The national real estate market is gasping for air.  Zillow reports that 28.4% of homeowners are currently “underwater,” meaning one in four Americans owe more than their house is worth.  Homes are sitting on the market for many months, waiting for a buyer to place an offer.  Raleigh/Durham has been one of the least-affected markets in the country, and we still have a 9 month supply of houses.  So is there any good news in housing right now?  For … Read More

via Triangle Real Estate Blog

 

 

Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. With personal production of 8MM in real estate sales across Southern Wake County I am considered to be a local market expert in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603, 27604, 27606, 27609, 27610)) which spans from downtown Raleigh to Willow Spring including Lake Wheeler. Call or email me, I’m here to help! Ricardo Cobos (919) 526-0183

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