Transforming Regional Housing

Addressing the Housing Crisis Together

Burke County currently represents the epicenter of the regional housing crisis. It possesses the oldest housing stock in the state and has experienced a significant 47.9% decline in the availability of homes for purchase between 2018 and 2023. Consequently, housing presents the foremost challenge in this region. Our objective is to facilitate the construction of 1,000 new homes over the next three years in order to address and reverse this trend.

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1K

New Homes Envisioned

5

Impacted Counties

37

Benefitting Communities

Realty Executives

Promoting Housing Development in the Foothills

Realty Executives is a prominent local real estate firm dedicated to addressing the persistent housing shortage. This organization actively facilitates the availability of developable land by marketing it to builders and developers, while also collaborating with county agencies and non-profit organizations to mitigate horizontal costs and risks associated with development.

Why now is a great time to list your land

Burke County is currently confronting a significant housing deficit, necessitating the construction of approximately 5,000 new residences to meet existing demand. At Realty Executives, we are actively addressing this pressing issue by partnering with county officials to devise effective housing solutions. We represent over 140 acres of land earmarked for development, situated at 3637 Miller Bridge Road, 1251 Cape Hickory Road, and Knob Hill (6950 Rhodhiss Road) in Connelly Springs. Nevertheless, these initiatives represent merely a preliminary effort; we require additional parcels of land to adequately accommodate the burgeoning housing demand. Both local and national developers, including DR Horton, are prepared to invest up to $20,000 per acre for land that meets construction standards and provides essential utilities, such as sewer and water access.

Why East Burke County

East Burke County serves as a pivotal hub for manufacturers and other large employers within Catawba, Caldwell, and Burke Counties. Additionally, it is situated mere minutes from significant residential construction projects, while also benefiting from essential infrastructural access to power, water, and sewer services. By focusing on competitive pricing per acre and optimal density, our objective is to facilitate equitable access to land for development for all builders, targeting a cost range of $5,000 to $10,000 per door.