Deborah Rigsbee Miller
Coldwell Banker, Howard Perry & Walston
7011 Fayetteville Road
Durham, NC 919-491-2826
I agree the most of the answers, it is very difficult to predict what will happen in the real estate market. However the SW part of Durham ( Southpoint Area ) has been the most resilient through all of the ups and downs, it is very convenient and where most new comers want to be so I would feel pretty safe buying in this neighborhood. If you would like any additional information or would like to compare prices and or neighborhoods let me know.
You can also go to the link below to see a more general view of trands in Durham.
Your REALTOR can assist you with recent sales history and trends in the area to help you make a wise choice as far as neighborhoods and individual homes.
Please let me know if I can be of service to you in this process.
Coldwell Banker HPW
There is no crystal ball when it comes to investing. The best thing to ensure you don't pay too much is to make sure you are not paying at the high end of the comparables. Ask your buyer's agent to provide the most recent sales and use the lower price/sq/ft. Also, avoiding properties that have a major flaw like power line easements adjoining or very steep driveways, will provide the best chance for good resale.
Just a note, if you are wanting to be "green" in your real estate investing, existing homes are always the greener choice.