New Home Inc. was recently featured in the Triangle Business Journal. We were thrilled to share our message about taking a different approach to building new homes near Raleigh.
In the article, “New local homebuilder aims to capitalize on Triangle’s outlying growth,” reporter Evan Hoopfer pointed out that, because of the Triangle’s rapid population growth, many developers are building as many homes as possible on one piece of property.
Yet, New Home Inc. is looking to build smartly designed homes on larger lots in desirable areas near Raleigh. Here’s an excerpt:
“As people flock to the Triangle in droves, many developers are trying to squeeze as many homes into a piece of property as possible.”
The team at New Home Inc. is taking a different route. The company bought 215 acres in Harnett County for $1.2 million, according to a deed filed Dec. 30. On the land, which sits outside Lillington, the company is planning to build 173 homes with sizes of half an acre to an acre. The project is called Duncan’s Creek.
“In Wake County, prices continue to go up and lots keep getting smaller,” said Matt Riley, co-owner of New Home. He said areas in outlying counties are becoming more appealing in the age of Covid.”