Southern sellers worry as homes sit on market, values decline
As listings linger 8–13 days longer and home values fall by 3.9% year-over-year, sellers are feeling the weight of a shifting housing landscape.
North Carolina experienced one of the highest growth rates in apartment construction in 2024, ranking fourth nationwide with 32,355 new apartment units added.
It would be prudent for policymakers in the General Assembly to begin formulating policy solutions to address a forthcoming recession.
While suburban areas across North Carolina are expanding at remarkable rates, reflecting a national trend toward increased suburban living, the state’s large cities are also thriving.
Would it shock you to learn that a regulatory bill enacted in the aftermath of the 2008 financial crisis ended up hurting some of the very households lawmakers were trying to help? I didn’t think so. By now it should be clear to everyone that even the best of intentions are no guarantee of good...
For much of the past year, housing markets were ablaze in many parts of North Carolina. Motivated buyers were flush with cash and armed with low-rate loans. Agents were desperate for inventory to sell. Sellers gasped and smiled as competing offers soared upward. Builders broke ground on as many new projects as available labor and...
It was bound to happen. The percentage of adults working from home has fallen significantly from its pandemic-era peak. Nevertheless, telecommuting has established itself as a lasting and consequential fact of modern life. Before COVID struck in early 2020, the share of full paid workdays performed at home by Americans aged 20 to 64 was...
Any state politicians pinning their hopes for electoral or fiscal improvement on rapid job growth later this year should brace themselves for disappointment.
"Honey, I've moved on," doesn't necessarily mean, "Honey, I'm moving out," in this economy.When no-longer-in-lovers find new sources of spiritual, emotional, and romantic happiness, divorce and separation of household usually ensues. But this is (temporarily) a different world. The money question may trump love, or hate, or simple boredom.
The dreaded "r" word — "recession" to economists — is being uttered more frequently today in the media. Some think we're already in a recession, some think we're about to go into a recession, while others think a recession is still unlikely. For the average non-economist, this is all a bit confusing and concerning. While most people might not know what the technical definition of a recession is, they do know one thing: It’s probably not good.
Counties continue to pass costs on to citizens rather than debate fundamental problems with funding of local government.
A Duke University professor makes an intriguing argument in favor of education vouchers: they would likely have significant impacts on the housing market by breaking the link between geographic location and school enrollment.