Wake County Real Estate Trends Q1 2014
Supply of Inventory
With only 3.5 months’ supply of inventory (MSI) in January and buyers snapping up the good homes as quickly as they were added to the market, most of the first two months of the year were filled with echoes of realtors bemoaning that there were more homes to choose from. But March saw a significant increase of inventory from January with a 15% growth which helped push the MSI to a more healthy 4.1
Since relocating from Northern Michigan in 2007 I have lived in Garner (27529) with my wife Melanie and our four children. With personal production of 8MM in real estate sales across Southern Wake County I am considered to be a local market expert in the following communities: Garner (27529), Fuquay-Varina (27526), Holly-Springs (27540), Apex (27502), and Raleigh (27603, 27604, 27606, 27609, 27610)) which spans from downtown Raleigh to Willow Spring including Lake Wheeler. Call or email me, I’m here to help! Ricardo Cobos (919) 526-0183