I was glad to read that pending home sales jumped 6.1% in May, and not surprised to
learn they were down 5.2% from the same time last year. However, the jump in pending sales is evidence
that the housing market may have shrugged off a recent slump.
First-time homebuyers are limited by tight credit and declining
affordability. Also, this group accounted for only 27% of existing-home sales
in May (generally they’ve comprised about 40%).
Apartment rents are expected to rise 8% over the next two years, and
renters are currently paying over half their monthly income in rent.
Author:Brian Hargrove Phone: 919-830-5233 Dated: July 6th 2014 Views: 509 About Brian: ...
Grow Local Realty is a full service Raleigh NC Real Estate Company servicing Raleigh, Durham, Cary, Apex, Holly Springs, Clayton, Fuquay Varina, Garner, Wake Forest, Chapel Hill and all other Triangle areas including all of Wake County, Johnston County, Durham County, Orange County, Chatham County and Harnett County. We are dedicated to extraordinary customer service and are here to represent you with your next home purchase or the sale of your current home. Allow one our fantastic agents to assist you with your Raleigh NC Real Estate search.
"Professional, Friendly, Caring
It is with great pleasure that I recommend Wayne as a very wise choice as a broker for anyone looking to purchase or sell their home. I recently had the pleasure of meeting Wayne through school and instantly found him to be very approachable, friendly, bright, and kind. While working to get his real estate business established, Wayne has displayed a high degree of integrity, responsibility, and ambition. He is definitely a leader rather than a follower. Because of Wayne's very caring nature and attention to detail, I believe that he would be an asset to any homebuyer/seller and I am happy to give him my wholehearted endorsement."