Eric Davis Sells Real Estate
Knowledgeable Realtor focusing on Raleigh and the surrounding area. If you have any questions about buying, selling or investing, feel free to contact me!
Housing Inventory Shortages
We are still seeing massive shortages in the Triangle market. Roughly 1.4 months supply of homes. DOM are starting to creep up and prices are meeting a little resistance. The resale listing side has completely dried up (assuming due to so many 3% loans) so the inventory shortages are still there and why new construction is in such demand right now
March 1, 2024
Active Listings: 1,781
Avg List Price: $543,979
Avg Days on Market: 47
Median Days on Market: 34
Pending Resale Listings: 1276
March 1, 2022
Active Listings: 1,305
Avg List Price: $606,763
Avg Days on Market: 39
Median Days on Market: 6
Pending Resale Listings: 3,283
March 1, 2020
Active Listings: 6,303
Avg List Price: $442,209
Avg Days on Market: 81
Median Days on Market: 38
Pending Resale Listings: 3,789
Checked out Vibe Gastropub in Fayetteville today. Great vegan options and friendly staff. 10/10 meal. Highly recommended!
“A new paper from four economists at the National Bureau of Economic Research argues that 14 percent of the $2.7 trillion commercial real estate loan market — and 44 percent of office loans — currently carry outstanding loan balances higher than property values and are at risk of immediate default.” 👀
Report: 44% of Office Loans, 14% of All CRE loans at Risk of Default Economists at the National Bureau of Economic Research studied 35,253 outstanding commercial real estate loans with $825B in aggregate value
Slowly changing
Special thanks to and for checking out my new home at 78 Sydney Dr. They absolutely loved the massive new deck!
1 Special Offer Left
20% off your entire stay!
Tiny home
New deck
The transformation has begun….
New roof on Ross Rd
Going to need a few more dumpsters
Before rehab….render of after rehab
New Lillington home project coming soon
New renovation project starting soon
Easy cash flow for investors
1176 Blacks Chapel Road, Sanford, NC 27332 - Homesnap 1176 Blacks Chapel Road is currently listed at $90,000 on Homesnap. View 26 photos of this 3 bed, 2 bath, 1120 Sq Ft property in Sanford, NC.
Dog Approved Tiny Home
Exterior painting wrapped up. Now to the inside
Tiny home going in the backyard
I Love Real Estate
I grew up around real estate helping my parents with their rental properties growing up. I loved the process and dabbled in it while I was teaching math full time later in life. As much as I loved teaching, I decided that I wanted to pursue my true passion of buying and selling real estate. I have focused on the real estate analytics so I can quickly get you a market report, answer any question you may have, or show you your dream property. I’m always here to help!
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Opening Hours
Monday | 09:00 - 19:00 |
Tuesday | 09:00 - 19:00 |
Wednesday | 09:00 - 19:00 |
Thursday | 09:00 - 19:00 |
Friday | 09:00 - 19:00 |
Saturday | 09:00 - 19:00 |
Sunday | 09:00 - 19:00 |