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Affordability
“I have no idea what we’re going to do”: Housing shortage leaves NC low-income renters stymied
| April 18, 2024
There are just 40 affordable and available rental homes for every 100 extremely low-income households in North Carolina.
Higher insurance rates could crush NC homeowners
| March 22, 2024
North Carolina homeowners and renters could be hit with higher insurance rates later this year, and in the state’s coastal counties like Cartaret, New Hanover, and Brunswick, those rates could be astronomically higher. In January, the North Carolina Rate Bureau (NCRB) proposed an average insurance rate increase of 42.2% statewide, which was rejected by Commissioner […]
Biden demands grocery stores and food brands end ‘price gouging’ and ‘shrinkflation’
| February 12, 2024
Grocery prices have risen by more than 20% since the beginning of the pandemic and in North Carolina, grocery prices rose 3.5% from Nov. 2022 to Nov. 2023. In response, President Biden is demanding grocery chains and food brands lower their prices and stop ripping families off.
VIDEO: NC Homeowners Face Insurance Rates Spikes
| January 25, 2024
On August 1st, North Carolina homeowners could be hit with steep insurance rate hikes. The North Carolina Rate Bureau has requested an average increase of 42.2%. Some counties on the coast, like Carteret and Onslow counties, could see rates increase as much as 99.4% The public has the opportunity to provide input about these potential […]
As North Carolina housing costs soar, Biden wants to turn empty offices into housing
| November 3, 2023
Affordability | HARDGATE | HOUSING | INFRASTRUCTURE | NATIONAL NEWS | national politics | NORTH CAROLINA NEWS
In Sept. 2020, the median home sale price in North Carolina was $272,000. As of Sept. 2023, that figure had risen to $363,600.