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A real estate agent’s Facebook video shows a crowd of people arriving to see a $ 260,000 home.
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“People are anxious for homes in a particular price range,” the agent said.
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She added that a wave of newly arrived buyers is pushing prices out of reach for local income.
Only recent research is needed to get a clear picture of the housing inventories faced by many parts of the United States. Facebook post From a realtor in Raleigh, NC.
Immediately after 5 pm on Tuesday, Monique Edwards Ended the show with the client 4509 Raphaty Court When she paused and made a video showing a line of cars and people arriving to see the newly listed home.
“Someone stopped me and they wanted to know what was happening in the neighborhood, and I just told them the truth. I said,” We have a housing crisis. ” I said, “Edwards says in the video.
The property itself was pretty attractive, but Edwards said it was a reaction to relatively affordable prices in areas with high median home prices. Recently reached $ 400,000.. This is a bit higher than the national median, which reached a record high of $ 365,000 in January, and prices are rising. Out of reach of the average US worker..
“This is a house that costs less than $ 300,000 here in the Raleigh area. As you can see, there’s just a car in the car. Many people are looking at this house,” she says. video.
“People don’t make that much money, so people crave homes at certain price points,” she adds.
Facebook videos captured more than 6,400 reactions, 7,000 comments, 16,000 shares and became viral on other platforms such as Reddit, but Edwards told insiders that the scene was “more general than you think. “.
“It’s an open secret. I just decided to say it,” she said.
According to Edwards, the immediate vicinity of the Raphaty Courthouse is quite a working class, Newly arrived buyers are pushing prices out of reach For local income. On the other hand, high-priced homes tend to be less competitive.
Edwards told insiders that he received a notification that the list was under contract within 24 hours of posting the video. This provided clients with a tough lesson on the challenges of buying a home in 2022.
Read the original article Business insider