Industry NewsMarkets & Economy

Raleigh market buoyed by the young

Metro area's population has risen 41.8% in past decade

Editor's note: Inman News is profiling two real estate markets in North Carolina -- Raleigh and Charlotte -- in coverage this week. Inman News is also profiling other real estate markets across the country in a recurring series. See last week's report on the Twin Cities metro. Downtown Raleigh, N.C. Flickr photo courtesy of twbuckner. RALEIGH, N.C. -- When Raleigh broker Sheri Moritz is asked that most common of real estate questions -- "How's the market?" -- she has a ready answer: "Let me just debunk some of the things you know about the Raleigh market." Moritz is broker-owner of Real Living Realty Experts. She's been in real estate for 19 years, 17 of those in the Raleigh area, and has sold more than 1,500 homes. "You can't turn on social media or the news without someone saying the world's coming to an end. People's misconception in our market is that (our prices) are going to go down. People say, 'I don't think we've hit bottom yet,'" Moritz said. I...