Welcome to the Nest Morganton 2024 Mid-Year Market Report. Please find the downloadable PDF version of our full Morganton area Mid-Year Report here: Morganton_MYR_2024
Market Performance at a Glance
We’ve always thought of real estate as a thrilling roller coaster ride, and the first half of this year has been an incredibly different market than we’ve seen in the last few years, becoming more balanced. With higher interest rates, buyers are taking more time to consider their options, resulting in increased days on market. Our agents have been working tirelessly navigating these changing conditions. They’re reporting that while the market remains competitive, there’s a noticeable shift: buyers are becoming more discerning, and creative financing solutions continue to gain popularity. Families are coming together to invest in properties that cater to both immediate and extended family needs, sparking interest in homes with flexible layouts and additional living spaces. We anticipate a steady market with more opportunities for buyers and sellers through the rest of the year. Our Nest Realty Morganton office continues to innovate, leveraging technology to offer seamless digital transactions and further ensuring a smooth experience. At Nest, we pride ourselves on our deep local knowledge, personalized service, and unwavering commitment to your success.
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Marketing on August 9, 2024 Posted in Morganton , Morganton Market Reports Comments closed