First Colony Construction Company recognizes one thing first, your new home is one of the most important choices that you will ever make. With each home we build, we listen, understand, and respect the wishes of the home buyer. Customer satisfaction is our number one priority. First Colony Construction Co. was formed in 2005 - specializing in affordable historically inspired architecture and building homes in Raleigh, North Carolina's most popular subdivisions. In 2007, First Colony Construction Co. relocated to Greenville, North Carolina to start Colony Woods, a historically inspired subdivision specializing in craftsman style architecture.
After increasing just over 1% annually this year, growth in single-family housing starts will accelerate to 10% during 2020 and top 1 million new homes in 2021, Fannie Mae’s Economic and Strategic Research Group predicts. https:// www.cnbc.com/ 2019/12/18/ fannie-mae-boost s-2020-housing- forecast-signif...
In addition to rising material and development cost. Labor shortages are becoming a big problem in the Greenville area. This article by the National Association of Home Builders is spot on.
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