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8 <br /> Slide #10 <br /> .^)BBOWE NAL Percent Change Totol Households(2024.2029) Percent Change <br /> NATIRESEARCH Statewide,NC 15% <br /> Sam <br /> -316 <br /> 4M <br /> EM <br /> Knoxvise [DiW -� - am <br /> �vl �� d <br /> M=Am am <br /> m�r _� <br /> QM <br /> QM Le <br /> d 4� � <br /> Greenville .�� *�,y^ _I <br /> Oz <br /> All Counties in the Region are Projected to Grow: 416Z as <br /> 2!--= = <br /> Chatham=2,571 Households(7.6%) <br /> Durham=9,897 Households(6.8%) <br /> Johnston=10,989 Households(12.2%) <br /> Orange=2,353 Households(4.0%) <br /> Wake=41,241 Households(8.6%) <br /> NORTH EAROUNA <br /> STATEWIDE HOUSING NEEDSASSFSSMENT <br /> The Housing and Development Summit Speaker Series FOCUSING ON:CHATHAM,OUNHAN4 XHNMI( <br /> ORANGE&WAKE COONTIES <br /> For Real Estate Professionals, <br /> Sprang 2025 <br /> i <br /> �1 <br /> /� ORANGE COUNTY <br /> n NORTH CARS)[ IN 1 <br /> Tom Altieri said Orange County-«iis expected to grow less than neighboring counties and is <br /> expected to grow the least between 2024-2029. <br /> Commissioner McKee asked for the rationale for this projection. He said he would expect <br /> growth to be higher because of the proximity to Wake County. <br /> Vice-Chair Hamilton stressed the importance of understanding the data's underlying <br /> assumptions, as the projected figures directly impact strategic planning and resource allocation. <br /> She said these projections are crucial for informing future decision-making processes and <br /> developmental policies within the county. <br /> Chair Bedford said staff can follow up with some information about the assumptions <br /> behind the data. <br /> Commissioner Carter said she read up on Mr. Bowen, whose company is the author of <br /> this report. For context of where the data is coming from, she read a couple of sentences from <br /> the beginning of the report: "The housing supply gap analysis includes housing supply gaps for a <br /> five-year period, 2024 to 2029, for each of North Carolina's 100 counties. These estimates rely <br /> heavily on a variety of published secondary sources, including the US Census, American <br /> Community Survey, National Demographer, ESRI, and Realtor.com. This analysis also involves <br /> an inventory of surveyed multifamily rental alternatives, a detailed accounting of homes available <br /> to purchase, and an evaluation of residential building permit activity." <br /> Chair Bedford said that information provides helpful context for the data. <br />