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Today we’ve got a quick market analysis for you for the Triangle real estate market. A lot of people are asking us the same thing, “Are we in a buyer’s or seller’s market?”
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This market benefits everyone.
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The truth is, we are in a unique market, and both buyers and sellers are benefiting from it. Our inventory is down to a 4-month supply, making it a pretty good seller’s market. A lot of properties are getting multiple offers, and many of those offers are over asking price.
At the same time, interest rates are still extremely low, and there are good buys in the market if you know where to look. All in all, this is a market that benefits everyone who is involved.
If you have any questions for us or are looking to buy or sell in the Triangle, give us a call or send us an email. We look forward to hearing from you!