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The Triangle North Carolina Real Estate
For the new home buyer, the real estate market’s recent decline can be very disconcerting. Rest assured, however, that the market in the Triangle is as vibrant as ever. In fact, during the real estate explosion that the rest of the United States was experiencing over the past few years, North Carolina in general and the Triangle specifically have remained fairly priced according to several national publications.
Making the largest purchase of your life doesn’t have to be daunting, even if it seems so at first. The experienced real estate agents and mortgage professionals of the Triangle will help make the process as painless as possible.
In addition to general regional information, agents can help you find neighborhoods that are an easy commute to your place of employment, give you information about schools and school districts, and help you find a location that is convenient to the services you find important.
The Triangle is blessed with diverse communities that offer a variety of price ranges and home styles. Your agent can help you decide which community meets your needs. The average home price in the Triangle is approximately $200,000. However, homes in towns like Chapel Hill tend to be higher than the regional average because of limited land space. But homes in every price range are available, from town homes to luxury estates.
“It depends on your taste, lifestyle, and quality of life as to what makes the area so appealing,” said Tony McKinney, broker/owner of RE/MAX Classic Realty. “If you love sports and like to be close to social events and the arts, then this is the area for you. Where can you go see hockey, then attend an outdoor concert, or visit the North Carolina Art Museum within a 10-mile radius? The school system is still far the best around. The quality of life goes from laid back to fast-paced, depending on the area.”
First steps
According to McKinney, “The true first step that many home buyers seem to forget is location, location, location. The rest will fall into place if you are truly happy with the location and everything it has to offer. The second step is financing—the true key to purchasing the home of your dreams. The third step is the right real estate agent, one who matches your personality and is knowledgeable of the area you choose.”
Lassiter added, “Research the area you are interested in moving to, which includes school districts, resale value of properties, and potential growth and development of the area. Most of this information can be provided by partnering with a local real estate agent that has knowledge of the market you are interested in.”
Obviously buying a home involves more than just finding the right home and neighborhood—without money nothing can happen. Luckily, the lower mortgage rates of today mean that the process of buying a home is easier than ever.
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