| Raleigh is a slow and steady market, or so it has been through the real estate boom of the first half of the decade. Like many other markets, Raleigh has seen a run up of inventory as we enter Spring. In the past, this would be met with an increase in the absorption rate. Watch the sales data as we enter summer. Many expect Raleigh to continue on the path that it has the last 5 years defined by a fairly balanced market. Prices seem to be stable despite the increase in inventory.
The beauty of Raleigh is the small town feel, impressive downtown with a growing social identity and the highly educated workforce that continue to fuel the job market. Raleigh is a compelling long term hold with solid fundamentals. Every investor should consider the value of adding Raleigh to their portfolio.
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