Raleigh NC New Homes: Communities, Lots and Land in the Triangle

Wake County Real Estate Report - October 2011

Closings up 19.8% - Home Sales Continue to Increase

The Triangle MLS Report for October 2011 has been released, and shows a significant increase in closings in 2011 versus 2010.

October 2010 - 698 Closed Sales in Wake County

October 2011 - 836 Closed Sales in Wake County

19.8% Increase in Closed Sales in Wake County

Not only that, but new listings are down significantly, which means there are fewer choices to select from.

October 2010 - 1721 New Listings in Wake County

October 2011 - 1368 New Listings in Wake County

20.5% DECREASE in New Listings Available in Wake County

Available Homes for Sale in Wake County DOWN 24.5%

The total inventory of homes for sale is also down significantly - the inventory of available homes in Wake County was 24.5% lower in October 2011 than in October 2010.

Most Recent Raleigh Market Reports Here

See All Area Market Reports Here

Thinking about Relocating to Raleigh NC?

Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell.

Nearby towns and cities include Angier, Chapel Hill, Clayton, Durham, and Pittsboro.

Get Started finding your Raleigh New Home Here

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Finding Your New Home in the Raleigh Area 

Stanton Homes makes it easy!  We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations, with a focus on new custom homes in the upper $100s to the $500s. Custom design build options available too!

Call 919-278-8070 or visit www.StantonHomes.com to find out more about new homes in the Raleigh area today. 

Articles copyright Stanton Homes 2006-2011.  Unauthorized use is not permitted.  Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements.  Please note:  all listing information per MLS, and current as of posting date.  Information subject to change.  Stanton Homes does not make claims to ownership of  any lot listings, but can work with homebuyers to purchase available lots and build.  Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions.  Ask for further information regarding any community, lot or floor plan.  Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area.  No claim of ownership is made to homes or land pictured.  

Wake County Real Estate Report - September 2011

Closings up 20.4% - Home Sales Increasing

The Triangle MLS Report for September 2011 has been released, and shows a significant increase in closings in 2011 versus 2010.

September 2010 - 769 Closed Sales in Wake County

September 2011 - 1027 Closed Sales in Wake County

20.4% Increase in Closed Sales in Wake County

Not only that, but new listings are down significantly, which means there are fewer choices to select from.

September 2010 - 1776 New Listings in Wake County

September 2011 - 1460 New Listings in Wake County

17.8% DECREASE in New Listings Available in Wake County

Homes for Sale in Wake County Reduced - Much Lower Selection Available Than Last Year

The total inventory of homes for sale is also down significantly - the inventory of available homes in Wake County was 23.3% lower in September 2011 than in September 2010.

Higher Percent of List Price Received:

In September of 2010, sellers recieved an average of 96.4% of list price.  

In September of 2011, sellers recieved an average of 96.5% of list price.

Most Recent Raleigh Market Reports Here

See All Area Market Reports Here

Relocating to Raleigh NC?

Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell.

Nearby towns and cities include Angier, Chapel Hill, Clayton, Durham, and Pittsboro.

Get Started finding your Raleigh New Home Here

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Finding Your New Home in the Raleigh Area 

Stanton Homes makes it easy!  We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations, with a focus on new custom homes in the upper $100s to the $500s. Custom design build options available too!

Call 919-278-8070 or visit www.StantonHomes.com to find out more about new homes in the Raleigh area today. 

Articles copyright Stanton Homes 2006-2011.  Unauthorized use is not permitted.  Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements.  Please note:  all listing information per MLS, and current as of posting date.  Information subject to change.  Stanton Homes does not make claims to ownership of  any lot listings, but can work with homebuyers to purchase available lots and build.  Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions.  Ask for further information regarding any community, lot or floor plan.  Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area.  No claim of ownership is made to homes or land pictured.  

Wake County Real Estate Report - August 2011

Closings up 22.8% - Home Sales Increasing

The Triangle MLS Report for August 2011 has been released, and shows a significant increase in closings in 2011 versus 2010.

August 2010 - 836 Closed Sales in Wake County

August 2011 - 1027 Closed Sales in Wake County

22.8% Increase in Closed Sales in Wake County

Not only that, but new listings are down significantly, which means there are fewer choices to select from.

August 2010 - 2015 New Listings in Wake County

August 2011 - 1550 New Listings in Wake County

23.3% DECREASE in New Listings Available in Wake County

The total inventory of homes for sale is also down significantly - the inventory of available homes in Wake County was 22.1% lower in August 2011 than in August 2010. 

Compare areas of the Triangle and read up-to-date Raleigh Market Reports

Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell. Nearby towns and cities include Angier, Chapel Hill, Clayton, Durham, and Pittsboro.

More Recent Raleigh New Home Posts:

What Kind of Hardwood Flooring is Best for Pets? | 2012 Flooring Trends

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Finding Your New Home in the Raleigh Area 

Stanton Homes makes it easy!  We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations, with a focus on new custom homes in the upper $100s to the $500s. Custom design build options available too!

Call 919-278-8070 or visit www.StantonHomes.com to find out more about new homes in the Raleigh area today. 

Articles copyright Stanton Homes 2006-2011.  Unauthorized use is not permitted.  Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements.  Please note:  all listing information per MLS, and current as of posting date.  Information subject to change.  Stanton Homes does not make claims to ownership of  any lot listings, but can work with homebuyers to purchase available lots and build.  Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions.  Ask for further information regarding any community, lot or floor plan.  Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area.  No claim of ownership is made to homes or land pictured.  

Americans Believe Home Prices Will Increase Sooner

Borrowers Working To Reduce Debt

Fannie Mae's latest national housing survey finds that most Americans believe the housing market has bottomed.  Seventy percent of Americans think it is a good time to buy a house, compared with 64 percent in a similar survey conducted in January 2010.

The Fannie Mae National Housing Survey polled homeowners and renters between June 2010 and July 2010. Findings were compared to a similar survey conducted by Fannie Mae from December 2009 to January 2010 and released in April 2010, and a similar survey conducted in 2003.

More Confident Housing Market Has Bottomed

According to the survey, the majority of Americans (with an increase to 78 percent) believe that home prices will remain flat or go up over the next year.  This is a five percent increase from the survey at the beginning of the year.

This increase in confidence actually occurred AFTER the end of the housing tax credit.

Rents are anticipated to remain the same or go up - a total of 85 percent of Americans thought that rental prices will increase or stay the same over the next 12 months, with about half that group thinking they will see increased rental prices.

It Really IS a Good Time To Buy a Home

Forget those sappy commercials - according to this random survey, a total of 70 percent of Americans really do think it's a good time to buy a home, up six percent from the January survey.

A majority of Americans (total of 67 percent) continue to believe that buying a home is a safe investment.

Fewer Americans think it will be very difficult to get a home loan, down six points since January. 

The combination of record low interest rates and energy efficient, cost effective homes is giving homebuyers more buying power than ever before.

Homebuyers Are More Debt Conscious

We're seeing a strong focus on more cost effective homes with fewer bells and whistles.  Our homebuyers are looking for energy efficiency, and a floor plan that truly works for them with possibilities for future homeowner projects to continue to add value.  So we're not surprised at the next survey result.

Twenty-two percent of mortgage borrowers said they have reduced their mortgage debt significantly in the last year, and 27 percent of the mortgage borrowers say they have reduced their non-mortgage debt significantly.

Raleigh Market Stays Strong

According to the most recent reports, appreciation is still positive across the Triangle.  That means that homes are still INCREASING in value in the Raleigh area, as they have continued to do over the past ten years.  Raleigh never saw the "bubble" effect that many other large markets suffered through. 

Wake County - 1.09% appreciation

Durham County - 1.22% appreciation

Orange County - 2.44% appreciation

Chatham County - 1.43% appreciation

USA National - negative 1.21% appreciation 

While appreciation rates are a little lower than they were during the boom, homes are still increasing in value.  What a great place to live and own a home!

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Finding Your New Home in the Raleigh Area 

Stanton Homes makes it easy!  We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations, with a focus on new custom homes in the upper $100s to the $500s. Custom design build options available too!

Call 919-278-8070 or visit www.StantonHomes.com to find out more about new homes in the Raleigh area today. 

Articles copyright Stanton Homes 2006-2011.  Unauthorized use is not permitted.  Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements.  Please note:  all listing information per MLS, and current as of posting date.  Information subject to change.  Stanton Homes does not make claims to ownership of  any lot listings, but can work with homebuyers to purchase available lots and build.  Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions.  Ask for further information regarding any community, lot or floor plan.  Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area.  No claim of ownership is made to homes or land pictured.