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Updated about 8 years ago on . Most recent reply

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33
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Adonte Lipsconb
  • Miami, FL
2
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33
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North Carolina move with family and new job

Adonte Lipsconb
  • Miami, FL
Posted

I'm looking to move to North Carolina with in the next nine months and would like know how is the housing market.  Also what in the best place to raise a family. I'm looking to make some real estate investments before I make the move. If anyone can offer any advice on tha state of North Carolina am all ears.

Thank you 

Most Popular Reply

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427
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Eric F.
  • Real Estate Investor
  • Raleigh, NC
297
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427
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Eric F.
  • Real Estate Investor
  • Raleigh, NC
Replied

When I was younger and fresh out of college I liked Charlotte more than Raleigh, but I would much rather raise a family in Raleigh. I have lived in Raleigh basically my whole life (I'm the rare person born in Raleigh) and even if I look at things objectively I am not sure there is a place I'd rather live. The economy is so diverse our risk of a major localized recessions is much lower than Charlotte (too concentrated in banking). The government will always be here, we have major universities, tech, banking, pharmaceuticals, and more. While any one of those could crash at any time (well not the government/universities hah)  it is hard to imagine a scenario where they all do at once.

I am biased as a born and raised Raleigh citizen, but there is a reason everyone moves here and never leaves (I-95 must be a one way road for moving trucks...who knew?) I know a ton of families where 1 person moved down here, other people came to visit, and then they moved here too! 

One other thing I have noticed, but it might be a sample size. My friends who moved to Charlotte after college lived in the city proper for a few years, but when they got married or bought a house they moved to suburbs like Hunterville, Pineville, and others I forget the names of. The vast majority of my Raleigh friends, myself included, are still in Raleigh proper. 

I am not sure if that is a reflection of the Charlotte school quality, the real estate market, or what, but I like that I actually live in Raleigh proper.

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