Employment Growth Is Driving the Housing Market
North Carolina’s job market is booming, and that spells opportunity for homebuyers. As employment rates climb and major industries expand, more people are moving to the state to take advantage of new career prospects. This surge in jobs creates stronger income potential and fuels housing demand, making it an ideal time to buy. LBC Capital helps homebuyers leverage these favorable conditions with expert mortgage guidance tailored to today’s economic climate.
Job Expansion Across the State
In January 2025, North Carolina reached over 5 million non-farm jobs, showing a 1.2% increase compared to the previous year. Private sector employment rose by 1.0%, while government jobs jumped by 2.5%. Projections from the Belk College of Business at UNC Charlotte expect an additional 72,400 new jobs in 2025, marking a 1.4% increase from the previous year.
This employment growth creates a ripple effect in the housing market. With more people working and earning, there’s greater financial stability, which translates into stronger buying power. Homebuyers benefit from a market where wages are growing and economic confidence is high. LBC Capital helps clients take advantage of this momentum by offering mortgage options that align with their income and long-term goals.
Industry Diversity Strengthens Market Resilience
North Carolina’s economy is not tied to a single sector. Major job gains are occurring in health care, education, construction, business services, and technology. This diversity reduces the risk of economic downturns affecting homebuyers’ job security.
Cities like Raleigh, Durham, and Charlotte are experiencing rapid expansion in biotech, fintech, and software development. These high-paying industries attract skilled professionals who are eager to settle down and invest in real estate. LBC Capital supports clients entering these competitive markets with fast, personalized service and mortgage strategies designed for professionals on the move.
Low Unemployment Means Financial Confidence
Stability in the Labor Force
North Carolina’s unemployment rate averaged 3.8% in early 2025, significantly lower than the national average of 4.4%. Metropolitan areas like Raleigh and Durham–Chapel Hill posted even lower rates at 3.1% and 3.2%, respectively.
A strong labor market provides reassurance to lenders and borrowers alike. Job security allows buyers to commit to long-term homeownership with confidence. LBC Capital evaluates employment history as a key part of the mortgage process and works with buyers to build strong, qualifying applications based on stable income and employment.
Demand Outpaces Labor Supply
In January 2025, the state recorded over 274,000 job openings with only 0.7 unemployed persons per job. This indicates a highly competitive job market and a growing population of working professionals seeking housing.
As job demand rises, so does the urgency to secure housing before prices increase further. LBC Capital encourages buyers to act now, while interest rates remain competitive and inventory is still available. Our team offers expert insights on how to move quickly and strategically in a tight housing market.
Economic and Population Growth Increase Housing Pressure
Inbound Migration and Urban Expansion
North Carolina continues to attract new residents, drawn by career opportunities and quality of life. The state ranks among the top ten in population growth, with thousands relocating each year from states like New York, California, and Florida.
This population surge increases demand for housing, particularly in high-growth metro areas. With more people entering the housing market, home prices are expected to rise. LBC Capital helps buyers prepare by offering pre-approvals and competitive mortgage solutions that keep them ahead in bidding wars.
Economic Forecast Supports Long-Term Investment
Comerica Bank projects the Carolinas’ economies will grow by 3.1% in 2025, outpacing the national average of 2.7%. A strong local economy supports housing price appreciation, making real estate a sound long-term investment.
LBC Capital assists buyers in evaluating the long-term benefits of homeownership in a growing economy. From first-time buyers to experienced investors, our mortgage advisors help align home financing with financial goals.
Why Now Is the Right Time to Buy a Home
Entering Early in a Growth Cycle
Buying a home while the market is rising positions buyers to build equity faster. As job growth continues and more residents move in, home values are likely to increase. Delaying a purchase could mean paying more later.
LBC Capital works with buyers to identify high-opportunity markets and act quickly before prices climb. Our streamlined process and expert support give you an edge in competitive conditions.
Stronger Job Markets Mean Better Mortgage Options
Lenders assess borrowers based on income stability, and a healthy labor market enhances your mortgage profile. If you’re employed in a stable industry or recently relocated for work, your chances of approval improve.
LBC Capital uses our understanding of regional employment trends to help match buyers with lenders who are ready to finance in these favorable conditions. We know which markets are attracting talent and how to leverage that for better loan terms.
Anticipating Future Housing Trends
With jobs and wages rising, housing inventory may tighten, especially in desirable areas. Acting now can help buyers avoid higher competition and inflated prices.
LBC Capital provides real-time market analysis to help clients time their purchase wisely. Our experts track local and statewide housing trends to recommend ideal windows for buying.
How LBC Capital Helps You Succeed in This Market
Pre-Approval Gives You a Head Start
Sellers favor buyers who are pre-approved, especially in fast-moving markets. LBC Capital helps clients get pre-approved quickly, increasing your negotiating power and speeding up the closing process.
Our mortgage advisors help gather and organize all necessary documents, ensuring you’re ready when the right home hits the market.
Personalized Advice for North Carolina Buyers
Every homebuyer has unique needs, especially those relocating for work or buying in unfamiliar markets. LBC Capital offers personalized service to help you understand the best areas for your lifestyle, budget, and job location.
We take the time to explain loan options, compare rates, and guide you through the application process with clarity and confidence.
Long-Term Planning With Flexible Mortgage Options
Even with job growth and rising wages, budgeting remains critical. LBC Capital offers mortgage solutions that consider both current income and future growth potential, helping you stay financially comfortable over time.
Our team helps clients choose loan terms that match their goals, whether it’s a fixed-rate mortgage for stability or an adjustable-rate mortgage for short-term savings.