You read that right. 14,000 new Jobs in the Raleigh Durham this past year.
More good news?
Rental vacancy is at an all time low of only 8% so rental prices are sky rocketing.
In our market 49% of all homes sold are in the $150,000 to $250,000 range with under 90 days on the market.
Home prices are starting in increase slowly with the demand. Lack of Rentals also is pushing housing prices up.
Homes listed for above $500,000 are still taking 18-24 months to sell