July 14, 2021

Triangle Housing Market is Hot!

As 3,000 new Apple jobs come to Research Triangle Park, the Raleigh, Durham and Chapel Hill home-buying market will become more challenged. 

The Triangle Business Journal outlines four main reasons why the Triangle housing market is “so hot”: 

  1. Mortgage rates remain low
  2. Millennials are purchasing homes
  3. There’s a shortage of homes
  4. New jobs and opportunities are flooding in

Low housing inventory will continue to drive demand for new home construction. Luckily, The Guild, Tessera at MOSAIC and The Vineyards at Chatham Park will provide convenient, modern living in a high-demand market.