Real Estate Double Dip: Why Buyers Love It and Sellers Hate It (via Triangle Real Estate Blog)

A friend of mine and all around super Realtor Justin Burleson wrote this great assessment of the local Raleigh Real Estate Market and I liked it so much that I have asked him to be a contributor on this site too.

Real Estate Double Dip:  Why Buyers Love It and Sellers Hate It The national real estate market is gasping for air.  Zillow reports that 28.4% of homeowners are currently “underwater,” meaning one in four Americans owe more than their house is worth.  Homes are sitting on the market for many months, waiting for a buyer to place an offer.  Raleigh/Durham has been one of the least-affected markets in the country, and we still have a 9 month supply of houses.  So is there any good news in housing right now?  For … Read More

via Triangle Real Estate Blog

 

 

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