Homebuilders in Charlotte, North Carolina, are struggling to keep up. Not only is there an incredibly tight supply of existing homes for sale, but more buyers are choosing the amenities that new construction offers.
"Our new home construction sales are stronger than they have ever been since I have been in the real estate market," said Bonnie Papandrea, an agent with Wilkinson ERA Real Estate in Charlotte. "The buyer wants the open-floor plan, big island in the kitchen, high-energy efficiency and very low maintenance with a private yard. Everyone is working more and want more time to enjoy what time they have off."