Triangle MLS’ Post

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As we close out summer and welcome fall, here's a message from our Executive Director, Matt Fowler, addressing the important issue of housing affordability in the Triangle region. "According to the latest release, the Triangle MLS Affordability Index paints an exciting regional picture. Looking through the lens of affordability, the essential nature of the communities comes out. Across the region, the index is 70, an all-time low. But this area is a quilt, a patchwork, a place that is comprised of small and large communities. Unpacking the data, Chatham County is 44, 20% less affordable than last August. Hillsborough is a low 54. You have to 'drive until you qualify' to places like Johnston County at 76 or north to Granville, Franklin, Nash, etc., where the index is the highest in the region at 91—looking to help someone qualify for their first home? You might be in for a drive." Keep an eye out for future updates on the Triangle housing market. #housingaffordability #housing #realestate

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