The Myth of a National Real Estate Market
Posted by Larry Tollen on
When reading about real estate, it is important to remember that there never has been, will there ever be a national real estate market. All real estate markets are local. Supply and demand in real estate is dictated by what buyers are willing to pay and sellers accept, in a precise location. It is imperative to work with a highly experienced Realtor who can filter the national real estate noise to deliver local real estate insights. We would like to offer some reasons why it is important to debunk this national market myth for local Triangle area buyers and sellers.
Markets to Watch
A local market is influenced by a number of factors and does not exist in a vacuum. Job growth, population growth, housing affordability, proximity to desired…
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