Raleigh NC real estate market report Feb. 2008
Raleigh NC is the driving force of the real estate market between Raleigh and Durham and the counties surrounding them. Currently there are 23% more homes for sale now compared to the same time last year. New home inventory rose to 21% over last years numbers. There has also been a 3% decrease in home sales in 2007 with 23,000 closings. The big news came in September when there was a 14% decrease in pending sales contracts compared to 2006. These numbers being the lowest in 4 years.
Tags: home sales, market, nc, raleigh, real estate, report
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