2013 Triangle Housing Market “almost economically impossible”
That’s according to appraiser Stacey Anfindsen in this video for the Triangle MLS. Sales were up 24% in 2013, inventory was down 10% interest rates were up and job growth was only 2% . Those numbers support what I have been thinking was going on, pent up demand. It’s hard to imaging there to be much more of that pent up demand so we won’t likely see sales up as much in 2014 without job growth at higher levels than the past few years. I think there is still pent up demand out there and expect it to continue through the Spring. then who knows? I’m going to pull out my crystal ball.