North
Carolina has much to offer and is booming. North
Carolina real estate is on the move as well.
North
Carolina
North
Carolina is a state with a variety of styles. Head to
the mountains and you’ll find a slower, gentler pace of
life in stunning scenery. Providing over 15 percent of
all the Christmas trees in the United States, the
mountains are full of pines, winding roads, little towns
and a hot bed for outdoor activities such as fishing,
hiking and camping. Head down into the plains and you’re
in the tobacco heart of the country, not to mention a
hot bed of colleges with Duke, the University of North
Carolina and North Carolina State so closely situated
that rivalries are red hot. On the coast, you’ll find
beautiful beach areas with little towns and rollicking
fun. Locations in North Carolina consistently appear in
top ten rankings for best places to live in the country.
Charlotte
Charlotte has exploded over the last ten years and is
now the biggest city in North Carolina. The explosion
has occurred through careful planning by city leaders,
who aimed to make the city an economic hub in the south.
Although the neighborhoods contain interesting little
shops and areas, the city as a whole lacks the southern
charm found elsewhere. If you want to live in a modern
southern city, Charlotte is a good place. Some, however,
complain the massive development has robbed the city of
its soul.
Raleigh-Durham
The
Raleigh-Durham area of North Carolina is a hot bed of
college life. Duke University and the University of
North Carolina can be found within easy reach of each
other. Let the rivalries begin. If you’re a college
basketball fan, this area rivals the competition between
Lexington and Louisville in Kentucky.
Raleigh
is the capitol of the state and a nice little city.
Visiting the city is more about taking in the lifestyle
versus seeing anything in particular. Walking throughout
the area will feel a bit like exploring Charlotte, but
with the soul of the place still in tact. With the
surrounding colleges, the Raleigh-Durham area has that
unique, eclectic college atmosphere you typically find
with institutes of higher education.
North
Carolina Real Estate
North
Carolina real estate is fairly reasonably priced. In
Charlotte, a single-family home will run you in the
$200,000 area with plenty of housing available. If you
prefer the Raleigh-Durham area, you can expect a slight
increase in average home prices of maybe $20,000.
Appreciation rates in North Carolina are modest to say
the least. Despite the economic boom in Charlotte,
overbuilding has lead to plenty of supply. In 2005, real
estate in the property appreciated at a rate of roughly
six percent.
Raynor
James is with
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