New Home Construction is about to explode in the Triangle Area of North Carolina!

 

Home Builders in the Triangle area of North Carolina are ramping up production in 2016 quicker than they did in 2015. The number of new residential building permits submitted in teh first quarter of 2016 is up 17 percent.

Raleigh’s new residential building permits total 344 new permits issued in January, February and March 2016. Cary’s new home permits numbered 233 permits issued. Click here to view an interactive map that pinpoints where new single family home construction is happening.

Here are county-by-bounty breakdown of residential building permits submitted in the first quarter 2016, as well as the percentage difference compared to the same period of 2015:

  • Wake County – 1,579, up 10 percent
  • Durham County – 448, up 36 percent
  • Johnston County – 297, up 25 percent
  • Chatham County – 120, up 5 percent
  • Franklin County – 106, up 83 percent
  • Orange County – 54, up 26 percent
  • Lee County – 22, down 8 percent

For Wake County, the largest growth was in Raleigh, followed by Fuquay Varina and Rolesville.

Team Anderson Realty, located at 2108 Werrington Drive Holly Springs, NC 27540, was established in 2005 and specializes in Wake County real estate. If you or someone you know is looking to buy a home, start your free home search today! Or call us at 919-610-5126 if you are thinking about selling your home to learn about our marketing plan that will get your home SOLD!