Triangle MLS statistics are in and clearly indicate what I have known and been saying for the past couple of years, that real estate in the Durham, Chapel Hill and Raleigh North Carolina area (collectively known as either the Triangle or Research Triangle) continues to attract national attention from Buyers, Builders, and Investors particularly those who live along either coast who often perceive the area as “undervalued” in terms of what we have to offer. Here’s a link to a recent article in the News & Observer with some details.Triangle home sales up 17 percent in third quarter – Real Estate News – NewsObserver.com.
I can personally attest that I’m busier now helping buyers; than I was at the height of the market in 2006. My buyers are not limited to a particular demographic, they span a significant range in terms of age, price range, educational levels and experience.
Now I tend to focus almost exclusively on those interested in Durham, Chapel Hill / Carrboro / Hillsborough (Orange County) and Pittsboro / Chatham County and less so on Raleigh and Wake and what my clients have all have discovered is that there’s a good selection of affordable homes in nearly every price range. What makes it particularly attractive (more than price and mortgage interest rates) is everything else that the area has to offer. Things like a nationally recognized food scene, an unbelievablly vibrant arts scene, great weather and lots of outdoor focused activities, great medical and educational facilities, (think Duke, UNC, NC State, NCCU), business friendly atmosphere and diversity.
I’ve lived a lot of places in the past 50 plus years and with the exception of Philadelphia, very few have been as diverse as right here. This doesn’t mean we don’t have our problems, but in general we all get along better than other areas I’ve either lived in or visited. The Triangle is indeed a welcoming area. Trust me if you’re thinking of relocating you could do a whole heck of a lot worse than to come and check us out.
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- Raleigh Attracts Brains and Remains One of the Best Cities for Jobs in the US (prweb.com)
- CED’s Start Something Blog: Nanotechnology in the Triangle (cednc.org)
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