A major perk of knowing the right real estate agent is having access to a myriad of statistics regarding the current market. Are you interested in becoming an owner of income producing properties? Perhaps you currently own a home and you’re waiting for the best time to list it for sale.
The current neighborhood market report includes a ton of information regarding sales, pricing, population demographics, and more! Although it can be a bit intimidating if you are not familiar with graphs and numbers, these current analyses are very exciting for the real estate industry, especially for the Piedmont!
Starting on Page 2, you’ll see that 43% of Winston-Salem’s population falls into the category of ‘tenant.’ The Triad area is one of the best places in the state of North Carolina to expand your investment portfolio. With such robust access to reliable renters paired with our expertise in tenant procurement and property management, this city offers an abundance of potential for profits. If you’ve been considering making real estate part of your investment strategy, give us a call today. We would love the opportunity to assist you with expanding your assets.
The population data also suggest that Winston Salem is growing at a faster rate than the NC state average. This is very good news for real estate in our area!
Additionally, this report indicates that the sales market in general is finally on a significantly upward trend. Not only is the median price range one of the highest it has been in 2 years, but the volume of sales transactions has more than tripled since the summer of 2012. If you’ve been waiting for the right opportunity, the market trends suggest that now is the right time to sell!
Contact us today to learn more about our compelling marketing strategies that will help get your home SOLD!