North Carolina’s housing market may stay deadlocked for years
A pandemic, home appreciation and low supply all play a role in the once-in-a-lifetime North Carolina seller’s market.
GREENSBORO, N.C. — A major imbalance in the Triad’s housing market has buyers and sellers deadlocked. Realtors say the seller’s market could continue for years.
Homebuyers are having a notoriously difficult time finding properties to purchase. Some homes will receive 15-20 offers within a matter of days, making it extremely difficult for people to move.
WFMY News 2 sat down with Keller Williams’ Jason Coleman to explain the state of the Triad’s housing market.
Why it matters: The housing market moves in cycles, but…