Most likely higher prices in 2025 and 2026 as a result, along with increased competition and missed opportunities for appreciation this year to those who wait.At this rate, the only event that has the potential to cause a downturn in the Raleigh real estate market is if suddenly everyone stops moving here and buying here OR the economy at large experiences a deep recession. 

I was a General Manager of a big fitness center in town and suddenly found myself unemployed after months and months of fighting to stay open.

I deep-dived into a new world and suddenly realized, there were endless avenues to explore within this industry.

You can be working with a contractor for years and then all of a sudden they disappear or their prices skyrocket or they become unreliable (has happened to me multiple times). 

In the meantime, you have two or three residential tenants move out, three water heaters go out or HVAC...all of a sudden your in a cashflow crunch.

Does anyone know why the sudden increase?

However, the limited new retail construction and historically low availability rates should help limit any potential surge in vacancy rates in the event of a demand pullbackHere are several graphs illustrating the current national commercial retail market in The United States of America:Full Commercial Retail Market Report Here: https://d2saw6je89goi1.cloudfront.net/uploads/digital_asset/file/1189858/United_States-Retail-Capital_National-2024-03-10_a.pdf

I'll watch a game down there - just fine then all of a sudden I need 2 sweaters and a winter hat.

Suddenly it doesn't sound so risky. 

I’ll also add while I don’t think they chaos at the border has been good or should be encouraged I don’t think it’s an acciddnt we’ve had falling inflation along with the surge in border crossing, when you have an aging workforce and no new labor you get wage inflation which leads to price inflation.