Monday, December 19, 2011

Interesting article and stats about Durham Real Estate market and OWD



Although I generally hesitate to link to PR news-releases, I found this article about the state of Real Estate market in Durham interesting, particularly as it compares to the rest of the Triangle. Favorite highlight: overall home sales are down 18% from 2010, which is still better than 27% for the Triangle and 29% for Wake County. Given the relative strength of OWD  and surrounding neighborhoods as compared to the rest of Durham (see overall Durham metrics), the hope is that we have reached the bottom of the market and the only way forward is up.


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