Next Edge

JANUARY STATS

🏡 Market Snapshot

• Market Stats: Prices down YoY -4.25% and down MoM by -3.2%, 3rd month in a row of price declines! Inventory is down MoM -4.4%. Most concerning is closed sales down YoY by -11.6% for January. Rates dipped early in January so February sales should show improvement.

• Buyer’s: This continues to be a buyers market and more and more people are catching on to this fact. Be more aggressive with your offer, ask for closing costs, keep your Due Diligence lower, ask for rate buy downs or concession to pay for your buyer’s agent. Look to New Construction. Builders offer great incentives especially this time of year including rate buy downs! They are also willing to take a “contingency on sale” for your current home.

• Seller’s: If you are a seller: Depending on your personal situation it may still be best to wait until later in Q1 to sell your home. Homes in top condition, in popular locations will still sell but if you can wait you may net more money waiting until later in Q1.

Please note: The answer to all real estate questions is “it depends.” Homes, locations, zip codes, subdivisions and most importantly, your goals all play a part in real estate advice. Above is a guide to what we are seeing in the overall market.

TRIANGLE REAL ESTATE
Population Boom

North Carolina Ranked Top State for Domestic Migration

North Carolina remains one of the fastest-growing states in the country, according to the latest U.S. Census Bureau estimates released this week. Despite a nationwide slowdown in population growth last year, North Carolina grew by nearly 150,000 people, making it the state with third-largest total population increase after Texas and Florida. North Carolina was also ranked the No. 1 state for domestic (state-to-state) migration. North Carolina’s population was 11.2 million as of July 1, 2025, according to the Census Bureau. North Carolina was also ranked third in terms of the percentage increase of its population.

“North Carolina’s secret is out. Our strong economic growth, natural beauty, and good people are attracting others from around the country,” said Governor Josh Stein. “We cannot let this momentum slip through our fingers by chasing irresponsible tax cuts for out-of-state corporate shareholders when we can’t retain the best teachers and law enforcement officers will hinder our progress. Let’s pass a fiscally responsible budget that invests in our people and continues to make North Carolina the best place to live, work, and raise a family.

Source: Office of Governor Josh Stein

FEATURED NEW HOME COMMUNITIES
1-Chapel Hill - Starting in the low $500’s - Pre-Sale opportunity!

Unique opportunity to secure your spot before official grand opening this Saturday.

• Ranch home option up to 1600 sq. ft.

• Two-story option up to 2700 sq. ft.

• Expected completion is August for the initial released homes.

Call me asap if you want info on the process of getting on the list before Saturday. Eddie 984-363-8611.

2-Fuquay Varina - 4 BR New Townhomes in the $330’s

• Rates at 4.99% fixed

• 3-2-1 rate buy down and up to $10,000 in closing cost assistance

• 1.99% rate (Year 1), 2.99% rate (Year 2), and 3.99% rate (Year 3), Year 4-30 4.99%

Call me for a private showing of these incredible deals in Fuquay!! Eddie 984-363-8611 

TRIANGLE TRIVIA

First reader to reply with the correct answer wins $25 Starbucks Card

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