Construction Events Renovations Transportation 
Raleigh Realty
MAY 21, 2021
increase in housing, transportation, and food prices since last year due to its rise in growth. Whether you are looking for a renovated single-family home, new construction, an apartment, or a townhome, Smithfield has you covered. Part of the Raleigh Metropolitan area, Smithfield has seen a 1.5 trend upwards through the years.
Will Springer Realtor
MAY 9, 2023
Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each.
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Will Springer Realtor
DECEMBER 13, 2022
Fuel to fill our vehicle gas tanks and to transport goods weigh heavily on inflation; 18% of the Consumer Price Index is for transportation costs – the second largest component of the CPI after housing/shelter (42%). Locally, permits for single- and multi-family home construction are down about 20% from this time last year.
Will Springer Realtor
OCTOBER 8, 2021
Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. Buyers will likely snap up any home to be within walking distance of the new transportation hubs. a rare event, median prices fell across all local counties month-to-month. Who needs a car?! months, up from 0.5 a month ago.
Will Springer Realtor
MAY 12, 2021
Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. >> NAHB reported an estimated 15% of all new-construction home sales in the U.S. That’s 52% higher than 2018, when Freddie first began looking at housing shortages.
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