Business View Magazine Feb 2023

37 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 2 here are very few housing markets in the US that can rival the Raleigh region when it comes to spectacular surroundings, historical charm, and a host of housing options to suit every taste. Representing pockets such as the famed Research Triangle Park and dotted with historically significant communities throughout, Raleigh’s real estate market consistently ranks among the most desirable in the nation. The stats back up these claims with impressive year-over-year housing gains despite rising interest rates and an inflationary climate that could hamper housing sales in other US real estate markets. Sales numbering in the double digits in 2022 T told the story, with 144 sales of properties $1 million and over and an impressive 79 properties sold between $1.75 million and $2 million. Topping the sales list, five properties sold in the area for a whopping $5 million. With highly skilled talent drawn to the Raleigh region, the housing prospects remain bright despite a slight downward trend in housing sales across the US post-COVID. For Tim McBrayer, President-Elect of the Raleigh Regional Association of Realtors (RRAR) and a Realtor® in the region himself, serving the needs of other local Realtors is all in a day’s work. “Next year will be the 100th Anniversary of the Raleigh Regional Association of Realtors®. Like other associations such as the National RALEIGH REGIONAL ASSOCIATION OF REALTOR A century of representing local realtors