If you have home equity in your house, you have several options for using the equity to meet your needs. Historically, home values rise over time. While economic factors can temporarily lower property values, it’s common to earn equity in a home after long-term ownership.
While the housing market trends predictions we mention below are likely, especially when considering the current market, it’s impossible to predict the future of the real estate market with 100 percent accuracy.
Chapel Hill borders several unincorporated areas of Orange and Durham counties. Chapel Hill has moderate-sized community. The city feels more like a small town than other neighboring areas. This quieter aspect may be a draw for those who want a closer community with easy access to large-city amenities.
Housing prices are on the rise in High Point. The market is less competitive in High Point than some larger cities, but some homes still receive multiple offers, and the typical house sells for 2% above the asking price.
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