{"id":36063,"date":"2025-07-03T19:14:11","date_gmt":"2025-07-03T19:14:11","guid":{"rendered":"https:\/\/www.europesays.com\/us\/36063\/"},"modified":"2025-07-03T19:14:11","modified_gmt":"2025-07-03T19:14:11","slug":"triangle-homes-sitting-on-the-market-longer-why-a-real-estate-agent-says-its-about-perspective-wral-com","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/36063\/","title":{"rendered":"Triangle homes sitting on the market longer, why a real estate agent says it\u2019s about perspective :: WRAL.com"},"content":{"rendered":"

More homes are popping up for sale in the Triangle, and more
\nof them are sitting on the market longer, according to a
\nrecent market analysis<\/a>.<\/p>\n

\u201cThe days of
\njust putting a sign in the yard and selling it really quickly, those are behind
\nus,\u201d said real estate agent Jason Kogok. “Our sellers have to take the time to
\nimprove their properties, get it market ready.\u201d<\/p>\n

The market
\nanalysis shows inventory is up 44%. Homes are staying on the market for about
\n45 days on average. That\u2019s 18% longer than a year ago. \u00a0<\/p>\n

Kogok has
\nbeen selling homes in the Triangle area for more than 20 years. He calls the current
\nstate of the market \u201cnormal.\u201d<\/p>\n

\u201cIt just
\ndoesn’t feel normal because of what we just came out of,\u201d he said. \u201cDuring
\nCOVID, we had what I call artificially-low interest rates.\u00a0It made all
\nthese people who never thought about buying all of a sudden become buyers. We
\nsaw a big influx of buyers.\u201d<\/p>\n

President
\nDonald Trump has repeatedly urged <\/a>the Federal Reserve to lower interest rates, which he says would save U.S. taxpayers billions
\nof dollars on interest costs on the federal government\u2019s massive debt, and
\nboost the economy.\u00a0<\/p>\n

Federal Reserve Chair
\nJerome Powell is sticking to his position that the central bank will keep its
\nkey rate on hold while it waits to see how President Donald Trump’s tariffs affect
\nthe economy.<\/p>\n

Lower rates were one of
\nthe factors that drove high demand during COVID. <\/p>\n

However, Kogok
\nsaid interest rates alone don\u2019t directly correlate to more interest in buying, noting
\nthe economic uncertainty people are feeling across the country.<\/p>\n

\u201cIf you
\ndon’t feel confident in your job or your income, buying doesn’t matter what the
\ninterest rate is, you’re probably not going to do it,\u201d he said. \u201cSomebody’s
\nfeeling about their job security doesn’t show up in a number.\u201d<\/p>\n

Kogok also warned,
\nbuyers to be careful what they wish for, when it comes to interest rates. <\/p>\n

\u201cUsually,
\nthat is contributed to having high unemployment, consumers not spending money,\u201d
\nhe explained. <\/p>\n","protected":false},"excerpt":{"rendered":"More homes are popping up for sale in the Triangle, and more of them are sitting on the…\n","protected":false},"author":3,"featured_media":36064,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[64,135,67,132,68],"class_list":{"0":"post-36063","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-united-states","11":"tag-unitedstates","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114790902226375028","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/36063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=36063"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/36063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/36064"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=36063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=36063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=36063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}