Closed sales climbed by 1.7% compared to August 2023, showing solid demand despite a competitive landscape.

Hello everyone,I’m currently exploring opportunities in new construction projects in North and South Carolina and would greatly appreciate any insights or resources you might be able to share.Specifically, I’m interested in:Key areas with high demand for new constructionBest practices for navigating local regulations and permitting processesRecommendations for reliable contractors and suppliers in the regionAny recent market trends or data that could inform my investment strategyThank you in advance for your assistance.

That said, there is a considerable lack of accessible properties everywhere and there definitely IS demand.

These elements show the overall economic health of an area, which directly impacts real estate demand.

I don't self manage any Indy properties - it was going to too much work screening tenants, showing the property and coordinating repairs from 2000 miles away with a demanding W2 job.

What factors influence your decision—profit margins, market demand, or investment strategy?

Memphis is a strong market with a growing demand for Section 8 housing.

With demand outpacing supply, we expect rents to continue rising.In terms of the sales market, we saw a similar slight slowdown in days on market compared to the hot Q2 but prices are held steady.

Areas with good rental demand and upcoming developments can give you solid returns.

Here are some key highlights:Massive Construction Boom: With a staggering 280.8 megawatts (MW) under construction by year-end, Hillsboro’s data center inventory is poised to more than double, according to a report just issued by CBRE.Rising Prices and Low Vacancy: Average asking prices climbed to $147.5 per kW/month, reflecting increased demand.