April 27, 2020

Raleigh Single Family Detached Showings

Showings slightly decreased in Raleigh last week. 

Wake County, NC contracts have been rising weekly:
Week ending 4/4 330, week ending 4/11 374, week ending 4/18 381 and week ending 4/25 421. 

Lower priced homes, under $450,00...

April 20, 2020

Raleigh has two straight weeks of increasing market velocity. Showings are up, and weekly contracts are increasing. The bulk of the market is still under $400,000.00 but homes are selling across the board, meaning best prepared and marketed home will sell!

April 14, 2020

Metrics We Are Focused on in Local Real Estate Markets:

1. Velocity. Number of segment showings and the impact on pricing, and number of accepted contracts.

2. Homes Under Contract. We are seeing closing dates pushed out 60-75 days, if school was in session this would be...

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