Rolesville earned its place in the news this week with recognition from Realtor.com as one of America’s top 10 boom towns. Ranked seventh on the list that includes the likes of Los Angeles, Dallas, Chicago and Atlanta, our Wake County town is certainly in good company.
Realtor.com selected the towns and cities represented on the list by assessing each area’s job and household growth and new home starts. According to Realtor.com’s Chief Economist Jonathan Smoke, “The strength of the residential real estate market is closely correlated to growth in jobs and households. The good news for these markets is that these growth factors have already started to translate into new construction. At the same time, it may be a year or so before some markets on our list start to see an increase in inventory. If anything, this is a road map for where builders should be thinking about where to break ground next.”
The second oldest town in Wake County, the charming town of Rolesville got its start as a farming community. Today, it is one of the fastest growing towns in the state. Located in northern Wake County alongside the town of Wake Forest, Rolesville has become a popular suburb of Raleigh and the greater Triangle area.
According to the Realtor.com report:
“Thirty minutes from Raleigh, N.C., Rolesville is a suburb situated along U.S. Highway 401 in northeastern Wake County and is only 30 minutes from ‘Research Triangle Park,’ the largest research park in the country with more than 150 companies. Rolesville is known for its strong regional economy and prime positioning, with North Carolina State University, Duke University, and The University of North Carolina all less than an hour away. The realtor.com® Boom Town list isn’t the first honor for Rolesville, which has ranked as the Fastest Growing North American City (Forbes.com), Top Housing Market for Investors (Forbes), and Top Public Schools in the U.S. (Greatschools.org). People come here for the jobs, schools and nice weather.”
Read the complete Realtor.com report about “America’s Boom Towns” here.