The Triangle Business Journal outlines four main reasons why the Triangle housing market is “so hot”:
- Mortgage rates remain low
- Millennials are purchasing homes
- There’s a shortage of homes
- 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.