Durham Real Estate Blog

Looking Ahead to the Triangle-Area Real Estate Market in 2015

Triangle-Area Real Estate For Sale

Now that we’re a few weeks into the new year, it’s a perfect time to start looking ahead to the year that could be in the Triangle area real estate market. Economists and real estate professionals all over the U.S. are cautiously optimistic about what we’ll see in 2015, which due to the lessening of strict lending standards, lowered premiums on FHA mortgage insurance, and a strong pent up demand among Millennials, there should be an especially strong market for first-time home buyers who are finally ready AND able to make that transition from renting to owning sometime over the next 6 to 12 months.