NC: Raleigh Called Healthiest Home Real Estate Market for 2011

According to Builder Magazine, Raleigh, North Carolina is the place to be if you are in construction this year[1]. Building permits increased 85 percent last year, with “much of the strength on the multifamily side,” reported the magazine when explaining the accolade.

The magazine ranks metro areas based on a system called the “Builder Healthy Markets Index.” It factors in home prices, employment, household formation and income.

Tim Minton, the Home Builders Associations’ executive vice president in Raleigh-Wake County, explained how Raleigh is thriving in today’s market. He credited many of the positive accolades that the area has received with attracting business, as well as the area’s home builders’ ability to deal “with manageable inventory levels” and respond well to the “changing demand of the market.”

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

Full Story from BryanEllis.com

Click here for gay realtors, mortgage lenders, and other real estate professionals in Central North Carolina.

If you have a gay real estate story that you’d like to share with us, contact us at info@2016.gayrealtynetwork.com

Leave a Reply

Your email address will not be published. Required fields are marked *