Largest Parade of Homes in NC returns amid hyper-competitive Triangle housing market

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FUQUAY-VARINA, N.C. (WNCN) — North Carolina’s largest open house kicked off this weekend with more than 120 houses across Wake, Durham, Orange, and Chatham counties part of Triangle Parade of Homes.

The prices of the homes involve range from $280,000 to $2.9 million.

This year’s Parade of Homes comes during a competitive time in the Triangle housing market.

Raleigh has the highest bidding rate of any metro area, according to a study from the real-estate brokerage firm Redfin. The firm said 86.7 percent of its Raleigh homes had competing offers this August, up from 46.2 percent a year ago.

Blake Massengill is the owner of Massengill Design-Build. His company built some of the houses that are part of this year’s Parade of Homes.

“Not only is the house brand new, but you’re not finding nearly the competing offers that you’ve got to…

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