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Raleigh, Durham, Chapel Hill, Cary The Triangle Area
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Old 07-13-2016, 08:39 AM
 
2,459 posts, read 8,079,589 times
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City Data poster quoted in TBJ on sales of $300k and under homes . Wake County median under a week ...

http://www.bizjournals.com/triangle/...-drops-to.html

I tab browse TBJ and CD .... had to pause a second seeing a CD poster in the TBJ tab.


Frank
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Old 07-13-2016, 10:50 AM
 
Location: Raleigh NC
25,116 posts, read 16,219,510 times
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thanks for the link

for the record, especially for MikeJ , I am quoted as saying "average time for the whole MLS was under 2 weeks" when what I said, and was true for June, was MEDIAN days.

Median days, up to $340K, in Wake County - 6. That is insane, especially when you figure many homes wait several days to gather offers.
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Old 07-13-2016, 10:53 AM
 
757 posts, read 2,083,633 times
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Are incomes really keeping up with the pace of home prices here? That in of itself makes me wonder if we are in a bubble. I don't personally know of anyone that's gotten huge raises since the housing bust. Right before the bust, I remember thinking the same thing.
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Old 07-13-2016, 10:58 AM
 
Location: Cary, NC
43,299 posts, read 77,129,965 times
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Quote:
Originally Posted by BoBromhal View Post
thanks for the link

for the record, especially for MikeJ , I am quoted as saying "average time for the whole MLS was under 2 weeks" when what I said, and was true for June, was MEDIAN days.

Median days, up to $340K, in Wake County - 6. That is insane, especially when you figure many homes wait several days to gather offers.

Keep the journalists straight, Bo.
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Old 07-13-2016, 11:02 AM
 
Location: Apex, NC
3,307 posts, read 8,562,321 times
Reputation: 3065
Can we say, "Bo knows homes"?
Attached Thumbnails
Bo quoted on home sales ...-d.jpg  
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Old 07-13-2016, 11:21 AM
 
2,819 posts, read 2,585,698 times
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WTG Bo!
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Old 07-13-2016, 02:22 PM
 
Location: Chapel Hill, NC, formerly NoVA and Phila
9,779 posts, read 15,793,171 times
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We can say we all "knew" Bo way back when before he became famous...
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Old 07-13-2016, 02:27 PM
 
Location: Raleigh, NC
12,475 posts, read 32,249,243 times
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Maybe we can get autographs if Bo comes to the CD meet up?!!
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Old 07-13-2016, 03:32 PM
 
332 posts, read 398,335 times
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As an outsider looking at homes in the $400 to $500k range for sale I see homes selling but they are going below asking price. Is that accurate?
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Old 07-13-2016, 07:50 PM
 
Location: My House
34,938 posts, read 36,264,326 times
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Quote:
Originally Posted by bluehorseshoe View Post
As an outsider looking at homes in the $400 to $500k range for sale I see homes selling but they are going below asking price. Is that accurate?
The selling price is the selling price. I would not take that to assume you'll find a home way below the asking price.
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