Raleigh Housing Market Update: February 2024
Harmony Realty Blog
by Ellen Pitts
1w ago
Median Price Change & Competing Offers Median Price Keep in mind that median prices have limitations when looking at the market, especially when we’re looking at shorter periods of time, like a month. They don’t give an apples to apples comparison. Just because the median price is $450,000 right now (this is an example, not […] The post Raleigh Housing Market Update: February 2024 appeared first on Harmony Realty ..read more
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Zillow vs Redfin: Which Price is Right?
Harmony Realty Blog
by Ellen Pitts
1M ago
Zillow and Redfin both use algorithms to estimate the value of your home. BUT, their estimates can vary dramatically from each other. Who has the better algorithm? Zillow says my home is worth $61,000 more than Redfin says it’s worth. Which one of them is right? The truth is, sometimes these digital estimates can be […] The post Zillow vs Redfin: Which Price is Right? appeared first on Harmony Realty ..read more
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Raleigh Housing Market Update: January 2024
Harmony Realty Blog
by Ellen Pitts
1M ago
Median Price Change & Competing Offers Median Price Median prices aren’t a great way to understand how the market is changing. They don’t give an apples to apples comparison. Just because the median price is $450,000 right now (this is an example, not a real number) doesn’t mean that it is the same type of […] The post Raleigh Housing Market Update: January 2024 appeared first on Harmony Realty ..read more
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The BEST Month to Buy a Home in Raleigh (According to Data)
Harmony Realty Blog
by Ellen Pitts
2M ago
I’m going to tell you the best month to buy a house, and I have the data to back it up. If you’re thinking about buying a home this year, you might be wondering if there are particular months that are better for purchasing. When are sellers are more negotiable on prices? When are there […] The post The BEST Month to Buy a Home in Raleigh (According to Data) appeared first on Harmony Realty ..read more
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Raleigh’s 2024 Housing Market: Boom or Bust?
Harmony Realty Blog
by Ellen Pitts
2M ago
What can we expect from Raleigh’s housing market in 2024? Most are predicting a return to some kind of normalcy with lower mortgage rates on the horizon. But to understand what might come next, we need to understand why 2023 was such an odd year for real estate. Historic Changes in Raleigh’s Housing Market Over […] The post Raleigh’s 2024 Housing Market: Boom or Bust? appeared first on Harmony Realty ..read more
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Raleigh Housing Market Update: 2023 Year in Review
Harmony Realty Blog
by Ellen Pitts
2M ago
2023 was a crazy year for the real estate market. We had the fewest number of listings sold since 2015. And Raleigh has grown by almost half a million people since 2015. People were definitely sitting on the sidelines in 2023, waiting out high interest rates. Here were our 2023 Market Predictions. Median Price Change […] The post Raleigh Housing Market Update: 2023 Year in Review appeared first on Harmony Realty ..read more
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Why Cary is Still Worth the Money in 2024!
Harmony Realty Blog
by Ellen Pitts
2M ago
Cary, NC has long been known as one of the safest and nicest communities in the whole country. Some say it’s too nice. But all things change. With all of the growth that Cary has experienced in the last ten years, is it still worth the hefty price tag to live there? For example: In […] The post Why Cary is Still Worth the Money in 2024! appeared first on Harmony Realty ..read more
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Raleigh Housing Market Update: December 2023
Harmony Realty Blog
by Ellen Pitts
2M ago
Here were our 2023 Market Predictions. Our final market update for the year shows the most important thing to remember about monthly market updates. Most reports will track median prices as their primary metric of market health. While they are a good way to keep an eye on trends…they don’t really tell us much about […] The post Raleigh Housing Market Update: December 2023 appeared first on Harmony Realty ..read more
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NC Insurance Rates to Skyrocket?
Harmony Realty Blog
by Ellen Pitts
2M ago
What’s Happening with Insurance Rates: FACTS Last week, the North Carolina Rate Bureau requested a massive increase in homeowners insurance rates. They asked the NC Department of Insurance to increase the rates by an average of 42% across the state. We’re going to talk about Unlike other businesses, insurance companies can’t just raise rates. The […] The post NC Insurance Rates to Skyrocket? appeared first on Harmony Realty ..read more
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Small Towns near Raleigh, NC: Tired of the Rat Race?
Harmony Realty Blog
by Ellen Pitts
3M ago
These small towns near Raleigh, NC can get you out of the rat race, without taking you too far away from the shopping, dining, and recreation amenities we all love. We’re going to look at 3 small towns near Raleigh, and all of them are on the northeast side of Raleigh. We’ll update this post […] The post Small Towns near Raleigh, NC: Tired of the Rat Race? appeared first on Harmony Realty ..read more
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