We checked out that Centex neighborhood, Town Hall Commons, but all the planes and trains were too much, not to mention Airport Blvd. will run right through the neighborhood one day. Now, Centex is owned by Pulte, nuff said.
17 homes have closed in Laurel Park so far this year.
Homes sit on the market for 5 months when the listing is posted to the MLS even before work begins on the home. That lets time accumulate to a higher number than typical resale homes.
There are currently three Laurel Park homes on the MLS.
Standard Pacific has some very nice incentives currently available to buyers.
The only thing that I don't like about them is that there lot sizes are too small. Anyone as more guidance on this project. I am considering Laurel Park vs. Centex and Town Halls Manor and find it diffuclt to come up with which one is better.
The cash infusion that Standard Pacific received in Q32008 really helped sustain the company and help them grow in a down economy. I also sold a custom home in the Villages of Apex and they offered my clients no incentives. National builders that are more stable are able to offer incentives to close on their existing properties.
In addtion to being a great buying opportunity the location next to Apex Park and the walkability aspect to the Laurel Park Elementary School are all positives for this very well liked community.
I am not real familiar with the Laurel Park community, but have viewed and walked through several of the Standard Pacific Homes in the Brier Creek area. They are also offering realtors bonuses and deep discounts to Buyers. This community is close to RDU, RTP, restaurants and shopping. Just in case you wanted to see some other communities that Standard Pacific offers. Here's a link for more info.
I actually live in a Standard Pacific home in NW Raleigh. It's a decent product for the money, but SP is a tract builder, so while they can offer more incentives than custom builders, there won't necessarily going to be the same degree of "finishing touches" in the home. Based on the info I looked up, they were offering a combination of $8000 in agent bonuses, $20K in design gallery choices, and/or a 3/2/1 interest rate buydown if you used their mortgage company and could close within 30 days.
Although I lived in Cary for 7 years, I have not yet shown houses to clients in Laurel Park. I think some of the reason that there may not be as many sales is because there are so many choices when it comes to new construction these days. This neighborhood seems to be close to the railroad tracks based on the map I was looking at and my familiarity with where Old Apex/Laura Duncan Rd are, so that may also have a little bit to do with it as not all buyers prefer to live near them... others may not mind, especially if they're from bigger cities and are used to hearing noise. Sometimes there may have been more that sold that weren't listed in MLS since they were pre-sales, so you can always check on http://www.wakegov.com by street name to see how many residents are there currently. Thanks and have a great afternoon! Here's a link so that you can look at the ones that have sold there and are currently active. http://trianglemls.mlxtempo.com/Pub/EmailView.asp?r=43574869
The interior of the homes are nice with hardwoods on the main level and open kitchens w/ granite. The layouts are open and airy. The bedrooms are on the second level. However the lots are very small at an average of .15 acres. Many buyers prefer larger lots of at least .25 acres.
Also Laurel Park is a new school that is year round and has no EOG & ABC results as of yet. Some buyers prefer to have this information before they make a home purchase.
Hope this helps.
Andre J. Powell
Standard Pacific is a good builder and are all around the Triangle, including Brightleaf at the Park, near RTP. The Laurel Park community, has actually had 7 New homes sold this year, so I guess given the press coverage of how "bad " the market is that is not bad. Let me know if I can be of any help helping you find your home.