https://news.google.com/__i/rss/rd/articles/Raleigh and Wilmington rank in top 6 real estate markets in nation for homebuilding opportunity

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RALEIGH – Raleigh ranks near the top of a new study of the top real estate markets in the country conducted by the National Association of Realtors, ranking sixth out of 130 local markets analyzed across the United States. The newly created Homebuilders’ Local Opportunity Index, or HLOI, is a real estate market index that was designed by the National Association of Realtors with the purpose of identifying the regions in the United States that provide the best short- and long-term opportunities for homebuilders to invest in constructing new homes. Raleigh ranked sixth out of 130 local real estate markets, and Wilmington tied for fourth, according to the new index, known as the Homebuilders’ Local Opportunity Index, or HLOI. Nadia Evangelou, a senior economist and the director of forecasting for the National Association of Realtors, told WRAL TechWire that the United States is facing an “urgent housing shortage.” Evangelou noted that even though it is c
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