Huge development is planned for the Historic Downtown Area.
#1 For Jobs:
#1 For Real Estate:
Really, this is generally a better "hold" market than flip market for that reason. Again, looking to the loss of subprime, there are plenty of people who would normally buy who now need to rent or look into lease/option.
FYI, here are the top appreciating neighborhoods in the Triangle:
Hi Mount (14.8%)
2. North Hills (13.3%)
3. Sunset Hills - Raleigh (12.9%)
4. Woodcrest (12.5%)
5. Boylan Heights (11.7%)
Best of luck!
If you are looking for information on that particular zip code, I'm sure a real estate agent will be able to pull appreciation rates in that specific area.