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5 Biggest Myths of Buying a Home in North Carolina in 2025 — Dispelled by Experts

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5 Biggest Myths of Buying a Home in North Carolina in 2025 — Dispelled by Experts


Based on the most recent data from Redfin, U.S. housing prices were up 5.4% year over year in November. But, if you are looking to move to North Carolina or if you already live there and are thinking of buying a home in 2025, you will find the market a little better than the overall prices around the country.

According to Redfin, North Carolina home prices were up just 2.6% over November 2023, with a median price of $374,100.

Try Out: 25 Places To Buy a Home If You Want It To Gain Value

Learn More: 3 Best Florida Cities To Buy Property in the Next 5 Years, According To Real Estate Agents

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Experts dispelled five common misconceptions about buying a home in North Carolina heading into 2025.

Myth No. 1: The Housing Market Will Slow Due to Hurricane Helene

The number of homes sold in November was down 2.2% year over year, and a common misconception is that the will continue to slow due to the damage to homes from Hurricane Helene.

What’s the Reality?

“The North Carolina housing market experienced a slight slowdown in the last quarter of 2024,” said Polly Leadbetter, the license partner of Engel & Völkers Foothills Lake James. “This was due to higher mortgage rates, the elections and Hurricane Helene.”

As interest rates continue to drop, experts expect the housing market in most of the state to return to healthy inventory and transaction levels.

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“At this point,” Leadbetter added, “only specific areas of Western North Carolina have homes that are still significantly damaged.”

Also See: Renting Vs. Owning a Home — Which Will Be Cheaper in 2025?

Myth No. 2: Housing Prices Will Shoot Up

Another common myth is that housing prices are expected to increase in North Carolina with expected interest rate announcements and increased competition.

What’s the Reality?

Nathan Richardson, a real estate expert and founder of CashForHome, said, “It goes without saying that we have noticed an upward price in the housing market in some cities like Raleigh, Charlotte and Asheville. However, other areas in North Carolina still have a reasonable price guide for the buyers.”

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Just because rates are expected to drop doesn’t mean that all housing prices will increase in the state. Real estate dynamics can be fairly complex, and there are no certainties when it comes to prices over an entire state.

Myth No. 3: Homebuyers Aren’t Required To Pay Any Fees

According to Leadbetter, a common misconception about buying a home in North Carolina is that homebuyers believe they’re not required to pay any fees at the time their offers are accepted.

What’s the Reality?

Leadbetter pointed out that two fees are due in North Carolina as soon as an offer is accepted. The first fee is a due diligence fee, which is similar to an option fee. It’s paid directly to the seller for the time spent conducting inspections, securing a loan, etc. This fee is nonrefundable because the buyer pays the seller to take the property listing off the market and not for the results of the inspections.

The second fee is the earnest money deposit, which is held in a trust account until closing and is refundable if the buyer cancels before the end of the due diligence period.

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“Both fees are credited to the purchase price if the sale is completed,” Leadbetter said.

Myth No. 4: The Seller Is Responsible for Making Certain Repairs

Leadbetter noted another misconception in the North Carolina market, which is that the seller is responsible for repairing damages found during a home inspection.

What’s the Reality?

In North Carolina, homes are sold “as is.”

Leadbetter clarified: “While many sellers are willing to negotiate repairs, they’re not obligated to address damage or issues found during a home inspection.”

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This is why it’s crucial that you have a home inspection conducted by an expert who can identify issues that aren’t easily noticed. If you don’t bring up the issues during negotiations, you may get stuck with expensive repairs when you take ownership of the property.

Myth No. 5: Property Closings Are Done By a Title Company

A common myth about buying a home in North Carolina is that a title company does property closings. However, the process is a bit different in the state compared to others.

What’s the Reality?

Unlike many other states, property closings in North Carolina are done by an attorney, not a title company.

Leadbetter added, “An attorney is hired by the buyer and they will research the title on the property as well as obtain title insurance, coordinate loan documents, and prepare all other documents that are needed to purchase the property.”

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This article originally appeared on GOBankingRates.com: 5 Biggest Myths of Buying a Home in North Carolina in 2025 — Dispelled by Experts



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Duarte girl kidnapped in 2020 at 5 years old found safe in North Carolina

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Duarte girl kidnapped in 2020 at 5 years old found safe in North Carolina


A girl who was kidnapped from Duarte in 2020 when she was just 5 years old has been found safe in North Carolina.

The Washington County Sheriff’s Office said it found Karen Rojas, who is now 11, on Tuesday. She was enrolled in school under an alias, according to investigators.

Authorities said she was kidnapped on June 2, 2020.

The Los Angeles County Sheriff’s Department and the Los Angeles Department of Children and Family Services notified Washington County law enforcement that she may be in the state.

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They coordinated with several agencies, located the girl and took her into protective custody.

“These are very rare occurrences to have such a positive outcome on such an old case as this, but it reminds us that through hard work, and dedication, and cooperation, stories with positive outcomes like these can happen,” the Washington County Sheriff’s Office said in a social media post.

Due to the age of the child, further information was not immediately available.

Copyright © 2026 KABC Television, LLC. All rights reserved.



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These 4 Western NC towns are among WorldAtlas favorites for 2026

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These 4 Western NC towns are among WorldAtlas favorites for 2026


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A new list from WorldAtlas named the publication’s top 10 favorite North Carolina towns of 2026, including several locations located in Western North Carolina.

Founded in 1994 by cartographer John Moen and his wife, Chris Woolwine-Moen, WorldAtlas publishes educational materials and articles on geography, sociology, demography, environment, economics, politics, and travel.

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Previous Citizen Times articles have covered numerous mentions of Western North Carolina from WorldAtlas, including “idyllic” and “unpretentious” towns, scenic drives, a favorite downtown area, and more. In the new list, published March 9, WorldAtlas writers chose their all-time favorite North Carolina towns ― almost half of which were located in the western region of the state.

Here’s what WorldAtlas had to say about mountain North Carolina towns, plus the full list and more.

What to do in Banner Elk, N.C.

WorldAtlas noted the range of activities offered in Banner Elk throughout the year. The town sits in the Blue Ridge Mountains between the Sugar Mountain and Beech Mountain ski resorts. Writers highlighted the following locations and activities in Banner Elk:

  • Wildcat Lake, which has a lifeguarded white-sand beach and is used for swimming, non-motorized boating and fishing for largemouth bass, trout, and bluegill
  • Grandfather Mountain Nature Museum, a museum located at Grandfather Mountain
  • The Mile High Swinging Bridge, the highest suspension footbridge in the United States, which visitors can cross on foot

What to do in Blowing Rock, N.C.

Also included on the WorldAtlas list, Blowing Rock takes its name from a rock formation where the wind appears to blow upward. The list highlighted the following locations and activities in Blowing Rock:

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  • The town’s namesake, “Blowing Rock,” is a rock formation known for views of Johns River Gorge and the surrounding forest
  • Fishing, spelunking and rock climbing opportunities in the area
  • Moses H. Cone Memorial Park, also known locally as “Cone Park,” which has hiking trails and is located on the Blue Ridge Parkway
  • Memorial Park on Main Street, where town events and concerts often take place

What to do in Brevard, N.C.

Brevard, also known as the “Land of Waterfalls,” is home to more than 200 waterfalls located across Transylvania County. WorldAtlas highlighted the following locations and activities in Brevard:

  • Museums, trails, rock climbing and the surrounding area’s many waterfalls
  • Guided Jeep and hiking tours to view waterfalls throughout Transylvania County
  • Veterans History Museum of the Carolinas, a museum displaying artifacts from U.S. military conflicts
  • Transylvania Heritage Museum, a museum focused on local history and genealogy

What to do in Hot Springs, N.C.

Hot Springs’ name comes from the natural springs that attract visitors from across the state and region. The springs are commonly visited by hikers seeking relief after traveling along the Appalachian Trail, which runs through the town. WorldAtlas highlighted the following activities and events:

  • Kayaking on the French Broad River
  • Trailfest, a celebration of hiking typically held in April
  • French Broad River Festival, a celebration of the French Broad River held each year on the first weekend of May
  • White-water rafting and ziplining opportunities in the area
  • Fishing, skiing, sport shooting, golf, disc golf, biking and horseback riding opportunities throughout the area
  • A range of accommodations including campgrounds, privately owned cabins, apartments, suites and cottages, with options from basic to luxury experiences

WorldAtlas’s best towns in North Carolina

The full list of WorldAtlas’s favorite North Carolina towns of 2026 included:

  • Banner Elk
  • Beaufort
  • Blowing Rock
  • Brevard
  • Davidson
  • Edenton
  • Hot Springs
  • Seagrove
  • Manteo
  • Wrightsville Beach

Iris Seaton is the trending news reporter for the Asheville Citizen Times, part of the USA TODAY Network. Reach her at iseaton@citizentimes.com.



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‘It was dire’: NC State professor returns from Qatar after being trapped during Iran war

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‘It was dire’: NC State professor returns from Qatar after being trapped during Iran war


An North Carolina State University professor is back home Monday night after he was trapped in the Middle East as war with Iran broke out.

Rich Spontak was stuck in Qatar while traveling from Bangkok to Spain and was forced to stay in the country for about a week. Several travelers were trapped for days in the Middle East after Iran’s
Supreme Leader Ayatollah Ali Khamenei and several defense leaders were
killed in joint strikes by the United States and Israel.

Spontak, like many travelers, found himself stranded in the Middle East after the initial attacks, which quickly entangled more surrounding countries, including Kuwait and Saudi Arabia, where seven U.S. service members were killed in retaliatory attacks from Iran.  

Spontak said there were times he thought he wouldn’t make it out.

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“I would just keep looking out and looking for the missiles,” Spontak said. “Some people that I met along the way were hit by shrapnel from the missles. It was dire.”

Airspace over Iran, Iraq, Bahrain, Kuwait and Syria remained closed, according to flight-tracking service Flightradar24. Azerbaijan also shut the southern sector of its airspace on Thursday after accusing Iran of a drone attack that injured four civilians and damaged an airport building.

Lilia Austin, a Chapel Hill woman who was part of a group of 100 women who went to Israel for a trip the day before Khamenei was killed, also returned home on Sunday after she left Israel through Egypt.

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