Older Homes: Bargain or Money Pit | Raleigh News

Home prices just hit a record $446,000—up 36 straight months—with fewer homes on the market squeezing buyers, especially those seeking affordability. Many are turning to older homes for deals, but beware: outdated wiring, plumbing, roofs, and foundations can turn bargains into money pits. Experts say don’t rule out homes built before the 1960s—those built in the early to mid-70s often offer better quality and fewer risks. The key? Get thorough inspections and realistic repair budgets before you buy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9105c0e8507d626a