Raleigh Regional Association of Realtors
7 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 11 needs or that they can realistically afford. In 2022 inventory here sold on average in just 16 days so if you are listing or selling your home there are very few complaints,” he adds. Mortgage rates and other inflationary factors are also trends that RRAR is keeping a close eye on while continuously informing their members through communication channels. At this time of year the number of days inventory stays on the market have historically risen, and in the spring and summer months there have always been more buyers as well as more properties on the market. No matter what the state of the economy or the industry, RRAR wants its members to be as well-informed as possible to best serve their needs. RRAR is looking to the future and sees a very clear path ahead. The prospects for its members look lucrative and the association itself continues to predict great strides as pandemic is being relegated to their and the public’s rearview mirrors. “I think the future is very bright for this area,” McBrayer relays. “We have great outdoor activities such as parks, walking and biking trails, great dining with award-winning chefs, great cultural activities, and two interstate highways that don’t go through downtown Raleigh, but are close enough to give all citizens easy access,” he continues. “Don’t forget the natural beauty of the area. So many of my clients moving from other parts of the country can’t believe how many trees we have and how green everything is.” From a housing perspective, “There are new developments and new businesses going up everywhere and yet there is still so much land left for future development. Housing opportunities will be more abundant in areas further out from urban centers, however, with more of us working from home than ever before, the growth of the greater Raleigh market will be in all directions.” “I don’t see how this area will do anything but continue to grow and thrive,” McBrayer concludes.
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