North Carolina has a housing shortage. Since February of 2020, the number of available homes in North Carolina has dropped by more than 50%, and the prices have increased by 6.5 – 7.9 percent, economic strategist Ted Abernethy, Economic Leadership LLC, shared during his State of Davie address in April. Davie County is no exception. While four income-based apartment complexes have been constructed in the last five years, there have been few single-family homes built. After a high of 445 homes in 2005, the banking crisis of 2008 hit, and only 334 permits were requested between 2009 – 2014. Building […]