Before you start looking at homes, you have to make some decisions. Where you'd like to live should be among the first. After all, you can't begin to calculate the costs and whether or not you can afford them without knowing what areas you'll be targeting. For example, would you prefer a place in the city or a house in the suburbs? Well, if new home construction is any indicator, many Americans are making the decision to move further away from city centers and into the inner and outer suburbs. According to a new report from the National Association of Home Builders, construction activity has been increasing in low-density markets for a while now. For example, their Home Building Geography Index recently showed the strongest growth in the outlying suburbs of small metro areas. And that trend is likely to be exacerbated by the effects of the coronavirus. For one, the pandemic hit high-density areas the hardest, which may lead people to want a home away from the densely populated urban core. Another factor is the increasing number of people working from home. Americans who no longer have to consider their commute to work are more likely to be comfortable living further from the city. Whatever the case, the trend is clear. Americans are ready to spread out and home builders have noticed. (source)
This is what buyers in Eastern, NC are seeing also. This area has built many new homes in the smaller towns and has gotten a good reaction. There are also many new homes being built in the “country” in most of these smaller towns, moving people further away from the center of town and most of the busy areas. This has given a good inventory of homes and kept prices down so more people are interested and are able to buy a home now. To see some of the homes available in this area go to: https://www.firstcarolina.com/listings/ or join social media at: https://www.facebook.com/fcrhavelock/?notif_t=page_admin.
