North Carolina County Sees Big Growth In New Homes
Despite inflation and tighter budgets for many of us, one North Carolina county is seeing big growth in new homes. According to WCNC, hundreds of new homes will be popping…
Despite inflation and tighter budgets for many of us, one North Carolina county is seeing big growth in new homes. According to WCNC, hundreds of new homes will be popping up in Rowan County. The cities at the center of growth are Salisbury and East Spencer. Apparently, the area between Charlotte and Greensboro is attractive to builders and buyers due to location. The little town of East Spencer welcomes the progress, according to town officials.
And, growth explosions of new homes takes place in nearby Salisbury, as well. The downtown area is seeing apartments going in. The developments described sound similar to ones we see in the Lake Norman and Fort Mill area. In those, apartments sit above businesses in cute little retail and restaurant communities. And, apparently there's a possibility a vacant hotel in Salisbury might see some changes, too.
It's always nice to see smaller, older communities like East Spencer and others getting new life. As communities thrive and grow, so does the economy typically. Of course, with home developments, sometimes traffic concerns also grow. Officials addressed those worries as well. WCNC reports the town hopes to make changes to allow better access to I-85. So, we'll keep a watch on this story as it unfolds and this North Carolina county sees new home growth.
North Carolina City No. 1 for Homes Selling Fast in the U.S. for 2023
Are you looking to sell your house this year? The housing market was once booming. The housing market has taken a turn for the worse. Well, hold up wait a minute!!! Some cities are still booming. They are still selling fast and making money. A few North Carolina cities have made the top 40 list for places where homes are selling fast. Not only is North Carolina on the list but one city in North Carolina is No. 1.
Can you guess which city came in at No. 1? Check out what cities in North Carolina made the list and where they came in at below. See the full list here.
26. Winston-Salem, NC
Median Days on Market: 35
Median Sale Price: $260,000
Homes Sold: 275
Winston Salem is in the northern part of North Carolina and came in at 26 on the top 40 list.
14. Greensboro, NC
Median Days on Market: 29
Median Sale Price: $256,000
Homes Sold: 266
Greensboro came in at number 14 on the top 40 list.
1. Fayetteville, NC
Median Days on Market: 10
Median Sale Price: $195,000
Homes Sold: 284
Fayetteville in the eastern part of North Carolina came in at #1 on the top 40 list.
