Hot housing market pricing out many first time homebuyers
Clip: 4/1/2022 | 2m 39sVideo has Closed Captions
Chapel Hill native Samantha Ward gives up on a house in Durham’s hot housing market.
The unprecedented single-family housing boom in North Carolina reached a notable milestone in 2020 as the state reached annual home price growth of over 10% for the first time in almost 30 years. At these prices, many are being priced out of the market. Would-be buyers are now either giving up or taking different approaches to get into the home they want.
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ncIMPACT is a local public television program presented by PBS NC
Hot housing market pricing out many first time homebuyers
Clip: 4/1/2022 | 2m 39sVideo has Closed Captions
The unprecedented single-family housing boom in North Carolina reached a notable milestone in 2020 as the state reached annual home price growth of over 10% for the first time in almost 30 years. At these prices, many are being priced out of the market. Would-be buyers are now either giving up or taking different approaches to get into the home they want.
Problems playing video? | Closed Captioning Feedback
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Lack of housing equals lack of options for homeowners
Video has Closed Captions
Clip: 4/1/2022 | 2m 13s | Sky-high home prices forced Chris Lassiter to choose a ‘fixer-upper” he could afford. (2m 13s)
Lessons learned from the fastest growing town in NC
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Clip: 4/1/2022 | 3m 39s | What the Town of Rolesville is learning from their unprecedented growth. (3m 39s)
"Missing Middle" tries to help with housing supply shortage
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Clip: 4/1/2022 | 2m 28s | The goal of missing middle housing is to improve a community’s housing options. (2m 28s)
Preview: 4/1/2022 | 20s | The housing boom is shutting many would-be homeowners out of the market. (20s)
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ncIMPACT is a local public television program presented by PBS NC