Home buying Coverage

First-time homebuyers can save $800 per year on a $265K home in the Triangle. Here's how

The Biden administration's move would save a buyer in the Triangle about $800 per year on a $265,000 home.

Here's how first-time homebuyers can save $800 per year on a $265K home in the Triangle

The move would save a buyer in the Triangle about $800 per year on a $265,000 home.

Julian Grace, WRAL anchor/reporter

Triangle investors, home flippers are slowing down - but still buying

Even though home flipping became less profitable in the third quarter of 2022, real estate investors are still looking at the Triangle, and NC, for deals.

'We've seen a little bit of a cool off': More sellers are cutting prices on Triangle homes for sale

Triangle MLS' latest report shows the median sales price for a home in September 2022 was $402,000. It's down from the $405,000 median sales price in August 2022.

Matt Talhelm, WRAL reporter

Triangle homes for sale see surge in listing price cuts

Anyone who has recently searched the list of homes for sale in the Triangle may have noticed price drops.

Tracking Triangle housing market trends

The price of homes in Wake County rose slightly last month, even though fewer people are buying. The median price for a home in September was $465,000. It's up $10,000 compared to August. WRAL TechWire's Jason Parker joined WRAL News at 7 p.m. to put the numbers in perspective.

Signs housing boom may be ending

The days of selling your home above asking price in less than 24 hours with multiple offers to consider are coming to an end in the Triangle.

Home affordability falls to new low even as prices drop

Not only are homes in the Triangle real estate market more expensive than they were a year ago, the monthly mortgage costs have risen dramatically during that time as well.

Home sales are plummeting

There are new indicators that the housing market is slowing as affordability has now impacted the demand for realty.

City of Oxford booming as families search for more space

The city of Oxford's current population is about 8,775 people, according to data from the U.S. Census Bureau.

City of Oxford preparing for 'unprecedented' growth

The city of Oxford's current population is about 8,775 people, according to data from the U.S. Census Bureau.

Monica Casey, WRAL Durham reporter

WRAL 5 On Your Side: Fake checks offering to buy homes in the Triangle

Investors hoping to buy homes and resell them at a profit are getting creative in their tactics. WRAL 5 On Your Side found several instances of various investors sending fake checks to homeowners in the Triangle offering to buy their homes outright.

Investors send homeowners fake checks offering to buy homes throughout the Triangle

Some investors have sent homeowners fake checks, offering to buy their homes.

Keely Arthur, WRAL consumer reporter

FTC fines online home buyer for business practices

The FTC has taken disciplinary action with the iBuyer Opendoor, which operates in many areas of NC, months after state regulators took action against the firm.

Mortgage demand sinks to 22-year low

According to the Mortgage Bankers Association, mortgage demand dropped over 6% last week compared to the prior week. That is reportedly the lowest level since 2000.

Strategies to purchasing a property in North Carolina

Author Andrew Lieb joined WRAL Morning News to discuss strategies when purchasing a property in North Carolina.

Wake County median home sale prices hits new high in June

According to MLS data, the median sale price of real estate sold in June 2022 was $493,161 and the average sale price was $563,911 in Wake County. Coldwell Banker Howard Perry and Walston marketing director Matt Horton explained what the new record means for homebuyers and sellers.

Raleigh home prices falling as inventory grows

One in every four homes for sale in Raleigh's metropolitan statistical area in June saw at least one price drop, according to a new report from national real estate brokerage Redfin.

Hot housing: Investors and 'flippers' buying record number of Triangle homes

Despite a slowing economy and rising inflation, ore than 1,000 Raleigh area properties were bought by real estate investors in the first quarter, as rents and home prices continued to rise. One result: More pressure on rents.

'Unlevel' playing field prices out home buyers and renters

From buying homes to renting, people in Wake County are paying the price for a thriving Triangle area with a super-competitive housing market.

Unlevel playing field: Triangle houses swept up by investors with deep pockets

From buying homes to renting, people in Wake County are paying the price for a thriving Triangle-area with a super-competitive housing market.

Cullen Browder, WRAL anchor/reporter

WRAL Investigates tracks down investment firms buying single-family homes in the Triangle

WRAL Investigates tracked down the investment firms buying up single-family homes around the Triangle. WRAL anchor/reporter Cullen Browder looks into what damage they did to the market, and what Wake County Commissioner Matt Calabria had to say about it.

Median price of US homes sets record in March

A bit of good news for buyers as we are in what is typically the best time of year to list a home for sale.

It's never been less affordable to buy a house in the Triangle

It has never been less affordable to buy a house in the Triangle. A new report from Triangle MLS shows the median home price across the area.. reached nearly $395,000 in March.

Wake among least affordable home markets; Those making average wage can't afford median home

Homes in Wake County are among the least affordable in the country, according to a new analysis of real estate market data and wage data conducted by ATTOM Data Solutions.  Meanwhile, in Durham County, the situation isn't quite as bad -- but homes are also getting harder to buy there as well.