Raleigh Realtor Predicts Continued Growth of Home Values for 2018 & into 2019

FOR IMMEDIATE RELEASE

According to Raleigh Realtor, Michael Porter, “the city is tipped to be one of the top areas for real estate growth in the US due to rising home values, steady growth of residents’ incomes, a strong job market and comparatively low unemployment rates.”

Recently voted the best place to live in North Carolina and the best big city in the Southeast, Raleigh offers a city that is family-friendly with welcoming Southern charm and has been slowly transforming into an important technology hub with a number of large corporations making Raleigh their head office including Cisco Systems, IBM Corporation, and Fidelity Investments. It’s also the capital of North Carolina (known as the City of Oaks), and, with an estimated population of 438,000, is the 42nd most populated city in the US.

The wealth of the city is evident in the average incomes (over $30,000 per annum for Raleigh residents, almost $2500 more than the US average). The median household income is over $64,000 per year (over $15,000 more than the rest of North Carolina) which means that Raleigh represents a wealth of opportunity for real estate investments, both for sellers and buyers with a median home value of over $250,000 and the value of homes increasing over 5% every year (5.9% in the past year, with 5.3% increase predicted for next year.)

Raleigh Realtor, Realtor Raleigh NC, Real Estate Agent Raleigh NC, Local Realtors Raleigh NC, Find A Realtor Raleigh NC, Real Estate Agent Website Raleigh NC, Home Realtor Raleigh NC, Real Estate Website Raleigh NCA Raleigh Realtor® will be able to help you find or sell your home, they know the best suburbs to purchase in as some have higher demand. The 5 best suburbs to live in are Oakwood (for historic restored homes popular with young couples and first-time homebuyers), Five Points, Brier Creek (popular with young families), North Hills (for great schools, restaurants and parks) and Apex (historic neighborhood with a community feel, and the highest number of new construction homes).

Another area in the real estate market that has been booming is new construction homes. The growth rate of new construction homes has been impressive with over 40,000 new homes built or approved for construction in the last 7 years. The suburbs of Apex and Wake Forest have been leading the way with almost 8000 and 7000 new homes respectively. If you are wanting help with investment properties: finding a qualified, reputable Raleigh real estate agent who knows the market is a must.

While real estate agency, Novus Home Quest has been vocal about the increasing costs and the pressure that it puts on new homeowners, they have also presented the flip side of the coin. As one of their real estate agents points out, “The increased cost of homes is an exciting opportunity for homeowners coming to us asking to ‘sell my house’,” he went on to say “we know that we can get them a quick turnaround time on their property sale without having to compromise on the sale price”.

 

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Novus Home Quest is based in Raleigh, NC. They have extensive experience in the city’s real estate market with the company’s owner and experienced and knowledgeable real estate agents having worked in the industry for many years.

They are able to offer a full-service solution for selling property, specializing in fast sales for inherited homes and foreclosures. Their practical, hands-on approach to selling means that properties requiring extensive repairs are not precluded from being listed. If you are thinking seriously about selling your home, get in touch with Novus Home Quest, which has the 5-star agents in Raleigh, NC.

 

Novus Home Quest
Coldwell Banker Howard Perry and Walston
5000 Falls of Neuse Rd.
#100-HPW
Raleigh, NC 27609
(919) 999-2801

Here is our exact location on the google maps:

About The Author

Michael Porter

I grew up in a small mountain town in Virginia called Christiansburg. Adjacent to Christiansburg is Blacksburg, home of the Virginia Tech Hokies. I graduated from Virginia Tech in Mechanical Engineering and worked as a project designer & manager for 14 years in the triangle area. During my time as an engineer, I began investing in rental property. I have bought and sold property in Durham, Cary, and Apex and have lived in each area. Over the years, my passion for real estate has continued to grow. Prospecting, buying, renting, renovating, and eventually selling most of my own properties has taught me how to enhance property value. Having hired many real estate agents prior to getting my real estate license, I understand what my clients expect: global, national, and local exposure, a social media ad campaign, and a targeted market strategy to aggressively promote the listing to qualified buyers. By combining my team’s Call Back “Now” policy and our Transaction Management System, we keep our clients updated and worry free. Fortunately, and sometimes painfully, I’ve had to learn many lessons through the school of hard knocks. My goal is to help my clients avoid these costly, aggravating, and time-consuming delays that could spoil their objective.

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