My husband and I want to move to Raleigh and buy a house and possibly settle, but we're not sure it would be appreciated if we would instead decide to sell and move in a few years. Any information on the market over there would be helpful! Thank you!
2007-10-25 20:33:36 · 5 answers · asked by Marlee W 1 in Business & Finance ➔ Renting & Real Estate
NC hasnt experienced any slumps yet....appreciation has been 8% since the year 2000.
My house has grown about 10% in Charlotte....in since I moved from miami and bought it 2yrs ago
2007-10-26 07:24:21 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Real estate in most of NC didn't go through the same appreciation that most of the rest of the country did (well, Wilmington did). Because of that, the prices are not insane and they are generally still increasing, especially around Raleigh and Charlotte. In a few years the prices will be higher in Raleigh.
good luck!
2007-10-26 02:32:00 · answer #2 · answered by Rush is a band 7 · 0⤊ 0⤋
Alot depends on specific location. A home (house/condo/whatever) closer to downtown, where people have good access to all the dining, shopping, nightlife, etc, down there...is still rising in value as we speak.
A plain ol' house out in the suburban areas isn't increasing in value nearly as much. For the simple reason that there's more than enough of them, and fewer people want to live out that far from the city center.
If you're moving to Raleigh, I highly recommend getting in as close to downtown as you possibly can. At the very least, be Inside-the-Beltline!
2007-10-27 08:13:09 · answer #3 · answered by rob1977nc 6 · 0⤊ 0⤋
I'm sure it is 'appreciated' and know what you are getting at...the value. You might google for major realtor in Raleigh and request literature, photos and estimates for what you want. Some cities have a magazine for Realtors, full of ads, photos, floor plans, amenities and costs. Ask for one. If they don't have it, call the chamber of commerce. COC's are usually ative in promoting their towns. I've been all over N. Carolina and it is spectacularly beautiful. Good choice. Hope it works out for you.
2007-10-25 20:40:25 · answer #4 · answered by ENGLASS 2 · 0⤊ 0⤋
The housing slump has no boundaries. The prices have dropped and there are plenty on the market in N.C.
2007-10-25 20:37:53 · answer #5 · answered by Anonymous · 0⤊ 0⤋