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Read more: https://www.bloomberg.com/news/articles/2021-07-20/u-s-housing-starts-top-forecasts-increase-to-three-month-high
By: Sougata Mukherjee
Editor-in-Chief, Triangle Business Journal
Just how many times have you read stories in recent months that talk about a hot
Well, to us, that's somewhat old news. How many times are we going to write pieces on
how the average price of new homes is going up and the sale price of existing homes is
going up even further?
Yes, we know we have a supply and demand imbalance. For markets that are
dramatically experiencing massive inbound population flows such as in Raleigh, Austin,
Texas, and Nashville, Tennessee, the number of listed homes is on the decrease and the
percentage of homes sold above the listing price is going up. Coupled with adamantly
low mortgage rates, there’s no reason to believe things will change in the short run.
But what is beginning to change should offer hope to everyone looking for an
opportunity to start a new business. Are you a good handyman? Are you an electrician?
Did you go through turf management program at a technical c ...
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