Raleigh NC Named Number One Healthiest Housing Market in the Nation
2011 Housing Market Growth
Looking to build a new home in the Raleigh, NC area? Well, you're not the only one. Raleigh continues to stand out as one of the best places to live (and retire) in America, this time proven by housing market growth and increasing employment opportunities.
Raleigh-Cary has just been named the number one healthiest housing market in the nation for 2011, according to extensive research by Hanley Wood Market Intelligence. And here's what they have to say:
- 2011 Building Permits projected to increase 90% to 9,604
- Permits already increased 85% to 8,600 in 2010
- Permit increases are seen in both multifamily and single-family homes
- Existing home prices rose 4% in 2010
- Increased jobs in Raleigh lead to a lower unemployment rate, now at 8.4%
Raleigh also continues to uphold its reputation for affordability, with ample educational opportunities at several nationally ranked colleges and universities in the area.
Durham-Chapel Hill has also been listed in the top ten healthiest housing markets in the nation, ranked at number three. Durham-Chapel Hill is expected to see a 70% increase in building permits in 2011. Read more about Durham growth and expected housing demands.
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Finding Your New Home in the Raleigh Area
Stanton Homes makes it easy! We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations, with a focus on new custom homes in the upper $100s to the $500s. Custom design build options available too!
Call 919-278-8070 or visit www.StantonHomes.com to find out more about new homes in the Raleigh area today.
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Articles copyright Stanton Homes 2006-2011. Unauthorized use is not permitted. Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements. Please note: all listing information per MLS, and current as of posting date. Information subject to change. Stanton Homes does not make claims to ownership of any lot listings, but can work with homebuyers to purchase available lots and build. Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions. Ask for further information regarding any community, lot or floor plan. Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area. No claim of ownership is made to homes or land pictured.
