May 5: What we’re reading this week
Some articles we found interesting this week:
No relief in sight for sagging housing inventory in Raleigh/Cary metro, Axios reports.
April’s median real estate price increased by $15,750 to $474,750. Check out our Data page for a look at the 12 month average.
Appeals Court Tackles on Chapel Hill Inclusionary Zoning Challenge, Carolina Journal reports.
Southern Transit Must Be Right-Sized, from Southern Urbanism.
Rents Continue to Slide in Raleigh, the N&O reports.
The Death of the Neighborhood Grocery Store, from Southern Urbanism.
Wall Street has Spent Billions Buying Homes: A Crackdown is Looming, according to the Wall Street Journal.
Plunging Home Prices, Fleeing Companies: Austin’s Glow is fading, Bloomberg reports.
Raleigh and Wake County address homelessness through a HUD-mandated entity called a Continuum of Care. To learn more about how the Wake Continuum of Care works, check out this informative video.
During recent meetings to discuss Raleigh City Council’s proposal to change how Councilors are elected, rank choice voting came up several times. Although it is not legal in NC, here is an opinion piece suggesting it may not be the answer to voter participation and engagement.
BONUS READ: Something Raleigh should consider: Playgrounds for all ages are becoming a trend across the country, Bloomberg reports.