Credit Crunch Hits Home!

Writing by Ryan on Thursday, 27 of September , 2007 at 11:29 am

You want to know where people are migrating to this FALL/SPRING?

LOOK AT THE AT THE STAGGERING NUMBERS FOR RALEIGH NORTH CAROLINA! - A lot of Home For the $

I did a search for ‘real estate’ and noticed a spike in searches for North Carolina. I knew about this
but wanted to see how the current credit squeeze came into play. Looks as if people are selling
and moving down south. Word of mouth catches on like wildfire and its true North Carolina is very
cheap. Many people who live in New Jersey and New York are comfortable where they live.
Some want change and thats okay! Majority of us need to stay near or close to nyc to pay for our cost
of living.

If you want to buy this late fall/winter is your best bet!

  • Least demand
  • Adjustable mort’s most will refi into a fixed rate this ’08
  • market looks to be steady in ‘09

Look for 8-12% off from the current asking another 2-5% in the winter if it hasn’t sold that’s my guestimate!

# of Searches Per Day on Google

raleigh north carolina real estate9,154.5/day ->>80,000 searches in August
orlando real estate6,237.0/day
charlotte north carolina real estate5,498.4/day
los angeles ca real estate4,866.5/day
atlanta georgia real estate4,426.6/day
houston texas real estate4,271.4/day
new york ny real estate3,962.7/day
real estate fort lauderdale fl3,745.2/day
jacksonville florida real estate3,734.7/day

Category: Real Estate

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