🏡North Carolina's Newest Real Estate Trend

Built-to-Rent Booms! 🚀

Hello Realty Mavericks! welcome to this week’s issue of The Broker’s Brief, Making Real Estate News as Fun as Happy Hour! Hoping this week will be a money-making week for you!

IN THIS WEEK’S BRIEF:

  • Free: This week’s freebie 🆓

  • Trends: Average Rates this Week for North Carolina 📊

  • Tax Talk: Tax Strategies EVERY Business Owner Should Know🧾🤑

  • News: Real Estate’s Latest Insights 📰☕

  • Fresh: NC's Newest Real Estate Trend: Built-to-Rent Booms! 🚀

  • The Puzzle Place 🧩

  • Fun: Real Estate Meme of the Week 😂

Get this week’s freebie and get your Social Media game ON! 🆓

Are you tired of spending hours designing flyers, brochures, and emails? Want to stand out in the crowded real estate market without going broke before making it? Look no further!

Every week, we're dishing out FRESH and DAZZLING templates crafted specially for Brokers, Realtors, and Real Estate Agents like YOU. Customize them in a snap, and watch your listings leap off the page.

Average Rates this Week for North Carolina 📊

Accurate as of 08/31/2023.

Tax Strategies EVERY Business Owner Should Know🧾🤑

Real Estate’s Latest Insights 📰☕

🛑 Hold Up! Judge Puts the Brakes on MV Realty's Fast Cash Frenzy in NC!

🚫 Heads Up, NC! That Company Action 9 Spied On? They've Got an Injunction Alert!

🏠 Justice Alert! NC Court Says: Bosses, Foot the Bill for Paralyzed Worker's Home Adjustments!

🎤 Ready, Set, Meet! Dive Deep with our Fab Four at the Power Breakfast Show!

🚫 Again, for the People in the Back: NC Flags Company Action 9 Was Eyeing!

📜 Clarence Thomas Spills the Tea: Travel Journals and a 2014 Homey Sale!

🏭 South Carolina's Scorecard: Where We Stand in the Manufacturing Major Leagues!

🏞️ Guess Who’s in Town? Rumbling Bald Rolls Out their Real Estate Office!

💎 NC's Showstopper Home: Can You Guess the $7 Million Price Tag?

🚀 Zooming Home Prices: The Greenville, NC Edition. Who's Leading the Race?

🏡NC's Newest Real Estate Trend: Built-to-Rent Booms!🚀

Feeling the heat from the supercharged housing market? You're not alone. Across the country, the dream of homeownership is getting trickier, with more folks deciding to sit on the buying sidelines. And guess what? North Carolina is riding a fascinating wave in response: a boom in built-to-rent homes!

Why This is Cool: Instead of diving headfirst into a mortgage, many are loving the idea of a brand-new, single-family home – minus the pesky down payment or a long-haul commitment. Talk about having your cake and eating it too!

Here's a fun fact for you: North Carolina is planning or building over 1,000 of these snazzy homes per million residents. If you're a numbers person, that's a lot. Like, triple the national average of 345.

So, What's the Buzz? Doug Ressler, a big-shot from real estate research firm Yardi Matrix, spilled the beans to Axios. He says these homes are a hit among two types of folks:

The "I-can't-find-my-dream-home" gang.

The "I'm-just-not-feeling-the-buying-vibe-right-now" crew.

If you've been out and about in North Raleigh or its suburbs, you've probably noticed whole neighborhoods dedicated to this trend. Why? The Triangle is seeing a population boom, making it prime real estate (pun intended!) for investors. In the past month alone, two major national builders have shared plans to sprinkle hundreds of these homes in north Raleigh and Wake Forest.

But Wait, There's More! While this trend is hot and happening, there's a little shadow lurking behind. A shortage in new construction means the Triangle's housing market feels the squeeze, pushing both prices and rents skyward. Raleigh, for instance, is coming up short by around 17,000 housing units.

Before We Sign Off: While the single-family rental game isn't brand new, its boom is. And while it may not be the ultimate solution to our housing hiccup, it's sure making waves in the supply pool.

Keep your eyes peeled and ears to the ground, folks! There's never a dull moment in the real estate world. Stay tuned for more updates!

Click here to play our fun Crossword for this week!

Real Estate Meme of the Week 😂

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