Home Sales are UP

The Triangle housing market continues to show signs of improvement.

A total of 4,471 homes sold in Durham, Johnston, Orange and Wake Counties during the third quarter, up 17% from teh same period a year ago. ( triangle MLS data )

Pending sales were up 27% and showings increased 7%.

Some of the increase can be attributed to the act that the federal homebuyer tax credits expired at the end of June last year. Meaning sales dropped off immediately afterwords.

Inventory of homes on the market continues to decline, which is allowing current home prices to stabilize.


About Raleigh Homes Info

Greetings, My name is Tom Bohlmann. I am Allen Tate Realtor / Broker in the Raleigh, Durham, Wake Forest, Cary North Carolina areas. Your Home Search starts here: http://www.allentate.com/tombohlmann I have been involved in the Raleigh area real estate investing since 1995. I know all the ins and outs of many many different area markets that the average or even above average Realtor does not know. Give me a call or email so we can talk about your Real Estate Needs. Tom 919-543-5714
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