The recent expansion of the North Carolina Residential Code to encompass up to four-unit dwellings marks a significant shift in the state’s approach to residential construction. This change, effective January 1, 2025, under House Bill 488 (HB488), reclassifies triplexes and quadplexes under the less restrictive International Residential Code (IRC), moving them away from the more…
As reported by WRAL News: Discover strategic insights from the Wake County housing shortage report 2025. Learn how property management leaders and real estate investors can capitalize on a projected shortfall of over 110,000 homes by 2029 in North Carolina. Wake County is on the cusp of a dramatic market shift. As detailed in recent…
Key takeaways BTR homes provide an affordability solution in today’s increasingly expensive housing market, but don’t ignore the implications of a cost-conscious consumer. While more BTR residents prefer renting, their planned length of stay hasn’t changed. Many are sensitive to price and are willing to move for a better deal. More BTR residents consider themselves…
Introduction If there’s one thing we’ve learned from nearly 20 years of pricing rentals daily across two states and seven major metros, it’s that the rental market is as unpredictable as it is fascinating. We’ve manually performed thousands of rental market estimates annually, and these predictions have had direct consequences for our success—success that includes…
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