Triangle housing market ‘getting back to normal,’ ahead of spring

RALEIGH, N.C. (WTVD) — In the nine years that Melissa Geiseman has lived in Raleigh, she’s seen people come and go in her neighborhood off Lead Mine Road, sometimes for double the price.

“I couldn’t believe that the houses in our neighborhood are selling for what they’re selling for at this point,” Geiseman said.

New data from Rocket Mortgage shows the median home price in Raleigh is $400,809, which is a 12% increase since last year…[More]