Few anticipated the financial downturn that occurred from 2007 to 2011, but even fewer expected a market like today’s — there has never been a better time to refinance or sell residential property and investment property.
With current real estate supply of less than one month of sales at every price point below $400,000, builders are unable to meet increased demand. What to expect next?
Keep your eyes glued to employment statistics as new jobs fuel housing demand in North Carolina. Remember to be prepared for a changing market when the numbers indicate decreasing trends. It’s just matter of when.
– Scott Korbin, MBA, Coldwell Banker HPW