Will NC Real Estate Market Crash Anytime Soon?

[Jared Trindade]

One of the biggest fear of new investors, home buyers, or someone who is trying to get into real estate as a profession, is what is going on with the market. In today's global economy, and with the pressures of COVID still being realized in many supply chains, we find that real estate has not been shifting as much as people fear. In fact in many markets, prices are rising, houses are still selling fast, and rent is increasing across the board. 

"We continue to hear rumors of a market crash, but local data does not corroborate this at this time. Even if minor, the monthly figures indicate that the market has begun to cool. In June 2022, home prices in North Carolina rose 14.5% annually. Simultaneously, the number of homes sold increased by 7.7%, while the number of properties for sale decreased by 2.0%."

https://www.noradarealestate.c.... For more information, and statistics, as well as sources. 

This could signal a potential opportunity for the savvy investor! Stay on your toes, and remember: Real Estate always has a cycle. Just like anything else!