North Carolina a popular move destination despite pandemic findings
Move.org survey shows NC ranked fifth for resident gains through September amid COVID-19 concerns. Across the country one in five Americans moved in 2020, with income loss and affordable housing driving about half of relocations. Florida, Texas, California, and Colorado top the national list.
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North Carolina to get up to seven hundred million in rent aid
NC stands to receive about 700 million dollars from a 25 billion rental assistance package, with cities over 200,000 and the state government sharing distribution for rural areas. The bill extends the CDC eviction moratorium to January 31 and ties aid to past due rent, future rent, and utilities for up to a year with potential three month extensions.
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N.C
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Raleigh- Durham-Chapel Hill
Real estate market outlook tied to COVID and inventory
Raines expects housing demand to hold through early 2021 if vaccines prove effective and economy avoids further COVID shocks. He notes low inventory, holiday listing pauses, and rising use of virtual showings as safer, more common tools for buyers and agents.
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