The Strong and Stable Real Estate Market in the Triangle Area

Don’t believe all the negative headlines you hear about the Triangle.

 

Have you been feeling overwhelmed by the negative media reports on the real estate market? Are you considering buying or selling a home in 2023 but are not sure what to expect? Worry not, as Carolina’s Choice Real Estate is here to bring you some much-needed positivity.

The Triangle area is still going strong, despite what you may have read or heard in the media. While it’s true that almost all categories in the current real estate market are down compared to last year, it’s important to keep in mind that last year’s market was unprecedented, and we will never experience it again.

“Don’t let negative media reports discourage you from buying or selling.”

Despite these comparisons, there are several indicators that the market in the Triangle area is still strong. For instance, we have seen an increase in mortgage applications, pending sales, and new listings that are selling fast, with some even going over the asking price. Additionally, the steady growth of people moving into the area, coupled with the presence of mega companies like Apple, Google, and Amazon, shows that there is little concern for a collapse in our local real estate market.

With all these factors in mind, I’m optimistic about the real estate market in 2023.  Don’t let negative media reports discourage you from buying or selling a home in the Triangle area. Our local market is still going strong, and with the right guidance, you can take advantage of its many opportunities. If you have any questions, don’t hesitate to reach out to me by phone or email. I look forward to hearing from you.

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