We are all excited to see our local economy up and running again, however our housing market is still facing many challenges!
The new market update shows us just how low our inventory of homes is; less than a 1- or zero-months’ supply across all price points. We included “Coming Soon” listings in our “Active” supply numbers, “Coming Soon” status means the home cannot be shown to any buyers yet, the owners are getting them ready for the market. Our local buyers are so desperate for a home they are buying them sight unseen, across all price points! As of this writing, we ONLY have 119 homes for sale currently in Holly Springs and Fuquay-Varina according to our local TMLS, and that includes any advertised new construction that may not even be built yet.View our Q2 Market Update HERE.
Front Porch Realty has added 3 brokers to our office this year, including one at the North Carolina coast. We now have 12 professional real estate brokers to help you, your relatives, co-workers, employees, and neighbors. Please consider Front Porch Realty YOUR LOCAL go to real estate company. Don't forget to LIKE US on Facebook and Instagram if you haven't already! Let us know if you are thinking of selling your home, it is a fantastic time to maximize that equity!