2/24/19 – Caldwell, Burke housing needs similar

Posted on: February 25th, 2019 by admin


February 24, 2019


By: Virginia Annable



The housing needs found in a recent study in Burke County also are reflective of what’s needed in Caldwell County, an analyst with a regional group said.


The study by Bowen National Research, which was commissioned by the Burke County Board of Realtors, found there is a need for just under 3,000 housing units, ranging from single-family homes to apartments, and also that there is a gap in houses in the mid-price range, around $200,000.


Those are similar to what researchers now studying Caldwell County’s housing needs are likely to find because Burke and Caldwell have a lot in common, said Taylor Dellinger, a data analyst at the Western Piedmont Council of Governments.


“They both have a similarity in the age of the housing stock and a high percentage of homes built before 1980,” Dellinger said.


Caldwell’s housing study is being done by the Development Finance Initiative at the University of North Carolina’s School of Government. Dellinger said he expects it will show a similar need as in Burke for more market-rate, multi-family and single-family housing to keep the local economy booming.


The number of houses being built has steadily climbed in both Burke and Caldwell over the years — there were 144 single-family building permits in Caldwell last year and 167 in Burke — but the houses that are being built are not in the mid-price gap, Dellinger said. In Caldwell, many are in the Collettsville and Globe areas and are retirement or vacation homes.


“The other areas of the county aren’t looking as good,” Dellinger said.


“If you go anywhere in (Caldwell) county, do you really see a subdivision with multiple houses going up at once? You just don’t,” Dellinger said.


But Burke’s housing study also called for multi-family units at reasonable prices. Both counties are trying to attract a younger population, and more market-rate rental properties and apartments can do that, Burke’s study found. Dellinger said Caldwell is facing the same issue.


“It (home ownership) is not for everybody, you’ve got to have options that are affordable, … but you also need housing stock that’s available for workers who can afford that mortgage payment,” he said.

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