I'm sure rising interest rates at some point are going to take some buyers out of the marketplace. Typically, though, this does not happen in a big way until interest rates hit 8 percent and we have a long way to go until it reaches 8 percent.

254

At 37 percent new homes, this is a very strong new home market.

178

Their in-house knowledge of how to do these things is very, very good.

157

I see no short-term change in that situation. Durham has a great supply of relatively inexpensive homes.

157

That's pretty extreme upward pressure on resale prices in Wake County, which puts Durham County in a situation where it's presenting an exceptional value to the buyer in that more moderate price range. There's a lack of supply in Wake County that's being fulfilled in Durham County.

148

The rate of increase in Durham County has not been so strong as to cause any concern on my part about oversupply.

132