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August 2018 Market Update

Michelle Porter

I have been a leader in Greensboro’s real estate market since 1995 and have consistently been a top producer in many segments of the Triad market...

I have been a leader in Greensboro’s real estate market since 1995 and have consistently been a top producer in many segments of the Triad market...

Sep 17 1 minutes read

Rising home prices, higher interest rates and increased building material costs have pressured housing affordability to a ten-year low, according to the National Association of Home Builders. Keen market observers have been watching this situation take shape for quite some time. Nationally, median household income has risen 2.6% in the last 12 months, while home prices are up 6.0% That kind of gap will eventually create fewer sales due to affordability concerns, which is happening in several markets. The U.S. economy is under scrutiny but certainly not deteriorating. 



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