
The housing market has boomed amid the pandemic as low inventory has led homebuyers to desperately bid up the prices of available homes. Yet, historically low interest rates continue to make homeownership an attractive investment.
While new construction together with the phase-out of the mortgage forbearance program may help slow the growth in home prices next year, experts predict that demand will remain strong into 2022 and interest rates will gradually increase.
Location is one of the key factors affecting demand for a home. Check out some of the most expensive homes recently sold in Winston-Salem, according to Realtor.com.
#1. 112 N Stratford Rd, Winston Salem, NC 27104
Price: $1,725,000
Last Sold: September 28, 2021.
#2. 135 Pine Top Dr, Winston Salem, NC 27104
Price: $1,657,000
Last Sold: December 8, 2021.
#3. 4400 Bent Tree Farm Rd, Winston Salem, NC 27106
Price: $1,300,000
Last Sold: October 29, 2021.
#4. 1541 Audubon Village Dr, Winston Salem, NC 27106
Price: $1,235,400
Last Sold: December 8, 2021.
#5. 4621 Cherryhill Ln, Winston Salem, NC 27106
Price: $1,100,000
Last Sold: October 7, 2021
Did you love any of these properties? Interest rates at low levels allow buyers to purchase more expensive homes while still keeping their monthly payments the same.
If you’re interested in purchasing a home or refinancing your current home in Winston Salem or the surrounding areas, give us a call! We can discuss your financial goals and discuss a loan program that might be right for you.