Happy New Year, readers! In kicking off the new year, I always like to take the opportunity celebrate the success of the past year and look forward to the new opportunities that I welcome with open arms. A new season always brings about the opportunity for more growth, more successes, and more record breaking goals. Life is good and is only going to get better, especially when it comes to living here in the Triangle.

Anyone that knows me knows that I live for statistical facts and projections. I truly believe that numbers are one of the ways to showcase success, and that’s no different than with the building industry. With that being said, I am pleased to share some of this past year’s successes in why the Triangle is the best place in the county to live and build a new home. These facts I share come from the best of the best in economic research including Triangle MetroStudy, MarketingEdge, and MarketSmart.

2017 Triangle Successes:
  • Building Permits – +15%
  • Job Growth- +27,112 /TOTALING: 20,157 new jobs in the area
  • Population Growth – 43,000 annually
  • Building Permits – +7%, totaling roughly 15,000 Permits
  • Fourth in the in the country for Real Estate Investment with Raleigh being named as No. 2 for Best City to Live In by Money Magazine
  • Income Growth – +2.9% with new homes sales up by 8.8%.
 
What to look for in 2018: 
Stable Market with growth in all categories mentioned above with home values expected to increase by 10%!
I hope that this info provides you with just a snapshot of what’s to come in 2018. With new residents moving in each and every day, the future of 2018 is bright. I don’t know about you, but I know that I’m excited for what’s to come!
Jodi Sauerbier
Regional Publisher

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