Many people around the Triangle are looking for a brand new home to break in (not break in to). If you're been following the market the past year, you might have noticed a lot more choices. For the first time since 2008, the annual number of new homes have passed 10,000 units, with 10,437 new home starts in the past 12 months.
According to Jay Colvin, director of Metrostudy’s Raleigh-Durham Triangle region, the "sweet spot" for many of these new homes are in the $200-$350,000 price range. 54% of the new homes built in the last year are in that price range and I know that several Briar Chapel homebuilders in that price range are struggling to keep up with demand.