Greensboro--Winston-Salem--High Point, NC

There is no doubt that the real estate market in the Greensboro--Winston-Salem--High Point, NC combined statistical area (CSA) has been on a tear lately. Home prices have been rising steadily for the past few years, and there is no end in sight. The combination of low interest rates and a strong economy has created perfect conditions for a housing boom.

The most recent data from the National Association of Realtors shows that the median home price in the CSA was $188,000 in 2017, up 6.5% from 2016. This is well above the national median home price of $175,000. The CSA is also one of the fastest-growing housing markets in the country, with sales increasing by 7.4% last year.

There are several factors driving these trends. First, job growth in the CSA has been strong for several years now. The unemployment rate was just 4% in February 2018, well below the national average of 4.1%. This means more people have money to spend on a new home or an upgrade to their current one. Second, interest rates remain at historically low levels, making it cheaper to finance a purchase or refinance an existing mortgage. Finally, many baby boomers are reaching retirement age and downsizing to smaller homes or moving closer to family members who can help with childcare or other needs.

All of these trends point to continued strong demand for housing in the CSA over the next few years. If you're thinking about buying a home in this area, don't wait too long – prices are only going to go up from here!