The latest report from the Triangle MLS has just been released and includes info on the Raleigh NC Real Estate results from January 2014. The update focuses mainly on the shrinking inventory (number of homes for sale) in the Raleigh NC Real Estate Market. Inventory is down 9% year over year and is the lowest we have seen in the past 5 years. We typically see an increase in buyer activity over the next several months, so with less competition, now is a perfect time to put your home on the market. However, all data is pointing to a much slower increase in the number of offers and sold homes this year versus last year, so pricing your home properly is extremely important. Check out the video from Triangle MLS to hear more about what is happening in and around the Raleigh NC Real Estate Market.
Courtesy of: Triangle MLS