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Raleigh, Durham, Chapel Hill, Cary The Triangle Area
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Old 01-28-2013, 10:59 AM
 
Location: Raleigh NC
7,763 posts, read 6,119,124 times
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To anne's particular situation, I would say we are still at the level where you may to accept renting for a short period of time. As the poster from leesville area said - they were able to rent back. This may be possible/tide you over. But I had several clients over the last 18 months list their house for sale with the possibility they'd sell and have to find a short term rental.
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Old 01-28-2013, 06:00 PM
 
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As some other agents said, we are on the upswing. I'd say the Real Estate biz as a whole is starting to be more and more competitive. It's no longer the buyers market it was 3, even 2 years ago.

In my sub where I bought last year, prices have gone up as much as 10%.

I'm glad I bought last year as I can't buy the same townhome for what I paid last year. And a good portion of the places are sold in advance.
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Old 01-28-2013, 07:03 PM
 
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I went to our builder's community website yesterday and noticed a 15k increase on the starting price of the home that we're under contract on. The on-site agent confirmed that they haven't released the new phase yet, but have raised their starting price. Not a bad "virtual" appreciation on our new home that hasn't started construction yet.
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