Gayl, Home Seller in Miami, FL

What is the best city to buy a home in for appreciation in NC? Charlotte has a lot of homes on the market!

Asked by Gayl, Miami, FL Thu Sep 25, 2008

Also, the best city to be a real estate agent in NC for residential sales is where?

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Answers

7
take a look at Hampstead ten minutes from the beach and only 25 minutes from Wilmington highly ratted schools. by the way I am looking in Miami and have a home for sale in Hampstead 2360 sq ft listed at 290,000

you can find me at jamesh1647(at) yahoo.com
0 votes Thank Flag Link Sun Nov 2, 2008
Raliegh is one of the top ten home markets due to job growth in the area. They were ranked #6, behind: Houston, Austin, Dallas Forth Worth, Seattle, San Antonio and Raleigh. Let me check my Rolodex and get back to you with a recomendation from a NC agent as to the best city in NC for Realtors.
Sincerely,
Betina Foreman, Realtor Austin Texas
0 votes Thank Flag Link Sat Nov 1, 2008
Hi Gayl. I moved up from Miami too - come on up and escape the heat and find the joys of living here! You are right to assert that more homes on the market means more pressure on pricing. This in turn tends to lead to less appreciation. Law of supply and demand that we are learning way too much about just lately! One question that you might find useful when you are looking is what price points you are looking at and what type of property you are looking for. Even in the same town, different price points and types of property appreciate differently. We looked for a long time before moving to the Asheville NC area. I chose to work for Keller Williams who have a huge presence in the area. We are consistently voted as the top place to live in the US which continues to drive people relocating here. I am attaching a search so you can see the kinds of homes available. Feel free to contact me if you would like to discuss my experience in a real estate career here. Keller Williams Asheville has supported my business here in an incredible way - we managed the #1 position in the Carolinas last year for KW first year of business.
0 votes Thank Flag Link Tue Oct 28, 2008
Moore County with its prestigious Pinehurst golfing, Southern Pines horse country and the gated communities of the Country Club of North Carolina and Seven Lakes with its 1100 acre Lake Auman.
0 votes Thank Flag Link Fri Sep 26, 2008
Noone can say for sure which areas of North Carolina offer the best potential for appreciation. However, it should be noted that all areas of NC have held up well relative to many other parts of the country. Here in Asheville, home values have seen steady appreciation for many years and did not experience the enormous upward spike that other areas did in the first half of this decade. Although times are tough in all real estate markets, Asheville and many parts of NC, are poised for a return to steady growth once the national market starts to turnaround. Any NC Realtor can tell you that there is huge pent up demand for homes in NC as folks from around the US and the world want to either relocate or own a second home here. Unfortunately, the current economic atmosphere and the inability to sell existing homes in other markets prevents many from buying homes here sooner rather than later. Of course, that also means that there are fantastic values available for the capable buyer.

Hope that helps. Check my website below for a fast, easy search of Asheville and Western North Carolina real estate listings.
Web Reference: http://AVLHome.com
0 votes Thank Flag Link Fri Sep 26, 2008
Gayl,

A couple of months ago Yahoo features a piece about the top 10 real estate markets in the country and mentioned Raleigh in this elite list. These areas, at the time of the article, were pockets where property values were appreciating and homes were selling.

It may be an area for consideration.
0 votes Thank Flag Link Fri Sep 26, 2008
Gayl,
Well you know that we are all going to be partial to our home communities. It is also going to depend on what you want.
I love being in the Triad (Greensboro, Winston Salem, High Point). We have enjoyed a steady appreciation overall for years. I am actually busy with all the relocations coming into town (FedEx, Hondajet, Mack Trucks) . That on top of the normal business. Granted just like anywhere else it is a buyers market right now with homes having an average days on market of just over 90. I don't have a listing over 60 days and the two oldest are getting ready to go under contract.

Now in NC you have your major markets of Charlotte (I was born in Charlotte and have lived there off and on for years), the Triangle area of Raleigh, Durham (I have lived in Raleigh also), Western NC such as Asheville (yes I have lived in Asheville twice in my professional life nice but so cold in the winter), and then the coastal areas Wilmington (visited alot but never actually lived there). Of course I have lived in Charleston, SC and Florida (west coast). So I have been around. I just really prefer Greensboro because of the fact that it is a medium sized city. Charlotte is too big for my taste and there are other factors that I have based that decision on. Raleigh is nice but higher priced. Asheville is seasonal and I was there in "91" for the blizzard that dumped 3 feet of snow and that kind of broke me of the mountains. Wilmington is nice but, not a fan of Hurricanes I was in Charleston for HUGO.

I believe everyone's inventory is up so we all have a good selection to choose from. It is just a personal preference on your part on the amenities you are looking for and what you want to spend and buy. I personally think in the Triad you can get more for you money and still have the feel of a city with a pulse. Of course anywhere in NC is a good choice.

If you like I actually have a website that will enable you to search through the entire Triad's MLS and see for yourself.

Hope this helps,
0 votes Thank Flag Link Thu Sep 25, 2008
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