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What Does Rising Rent Mean for You?

Rent keeps going up, but buying a home is more affordable than ever. Here’s why.

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What do rising rent rates mean for our market in Raleigh and you as a consumer? The latest stats show that the median rental rate in Raleigh is now $1,495 per month. That’s an increase of 3.4% over last year.

This means that with low interest rates, buyers can likely afford to purchase a home with less of a monthly payment than what they would be paying in rent. There are a lot of different financing options out there and we’d love to explore them with you.

This is a great time to look at purchasing a home.

If you are an investor, this is a great time for you to look at purchasing a rental property. There are a lot of opportunities here for some great cash flow.

If you or someone you know is thinking about buying, selling, or investing in real estate, don’t keep us a secret. Give us a call or send us an email and we’d be happy to provide our expertise.

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