1) Strong Job Growth -- Lots of people available to buy now and later
2) Foreclosures low -- No extremely cheap homes being pushed off by banks
3) Inventory is high -- Buyers can dictate terms of sale
With these factors in place, buyers can still dictate terms of sale and negotiate prices, but aren't as exposed to the economic and lending risk problems that have sunk many markets around the country.
I guess its not horrible to have Raleigh listed here...but the one I would wiling give up is our inventory being high. Interestingly enough, thats what made Raleigh #2 instead of #1:
The inventory of homes available is slightly lower than Salt Lake City (No. 1 on our list), at 14,764, despite Raleigh's larger population of 408,985 people.
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