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20 June 2024 | 9 replies
The RTP area, comprising cities like Raleigh, Durham, and Cary, is an attractive option for several reasons:Strong job market and population growth, driven by the tech, research, and education sectors, ensuring consistent rental demand.More affordable home prices compared to Charlotte, allowing for better cash flow from rental income.Areas like Cary, Apex, and parts of Raleigh have newer construction townhomes/condos that fit your criteria.Potential for long-term equity growth, as the region is seeing steady appreciation.Some recommended areas to consider near RTP:Cary (especially newer developments like Amberly)ApexNorth RaleighDurham (for slightly lower prices)Charlotte is also a solid option, though it may be more expensive:Strong financial/banking sector driving job and population growth.Higher home prices but potentially higher rents as well.Newer townhome/condo developments in areas like Ballantyne, University City, and South End.Robust long-term equity growth potential, but higher entry costs.
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19 June 2024 | 1 reply
New unemployment statistics indicate the region's jobless rate actually fell in April to 3% down from 3.5% in March and only slightly higher than 2.9% a year ago, according to figures from the Texas Workforce Commission.
19 June 2024 | 4 replies
Lastly large private equity investment groups both national and regional have been gobbling up all the 100% TOH parks so to get in now it is a bit tougher and you may have to be willing to bite into some POH or Mixed parks.
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18 June 2024 | 7 replies
This exact scenario happens all the time in the mid-Atlantic region.
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18 June 2024 | 17 replies
Talk with local banks, regional banks, credit unions, mortgage brokers, etc... keep having conversations with lenders until someone is willing/able and excited to help you through this exciting journey!
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20 June 2024 | 13 replies
I don't mind scepticism as long as the feedback is constructive and supportive.Below are some things for you to be aware of...Paraguay's credit rating was just raised from BB to BB+ citing a stable economy and the region's highest growth expectations.
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20 June 2024 | 27 replies
Cons: Some regions may have slower property appreciation.
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19 June 2024 | 11 replies
For a while, we used an agent who was in the right age group in the region, and we still own some of the pocket listings he sold us (including the home I live in).
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18 June 2024 | 12 replies
Land development is a huge challenge in the region, but there are some communities (Walnut Cove, for example) where you can buy lots that already have roughed-in road and pad.
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20 June 2024 | 30 replies
Some of the lenders that I work with treat the rate as they would a straight purchase as long as they fall within their timing, pricing, and regional parameters, which is why I requested some more information.