Raleigh Real Estate
Thursday, March 31st, 2011Raleigh, North Carolina real estate runs the gamut from trendy new condominiums to sprawling homes in golf communities. Diversity is one of the city’s defining characteristics, something that can be evinced in everything from its range of real estate options to its wealth of attractions.
The capital of North Carolina and seat of Wake County, Raleigh is second only to Charlotte in population size and is the 15th fastest growing city in the country. It sprawls over an area totaling 115.6 square miles and, as of mid-2008, has a population of 380,173 people.
Raleigh, North Carolina real estate is spread out over the city’s different neighborhoods. If you’re looking for an urban lifestyle with a strong strain of historic charm, head downtown. Downtown, also known as Old Raleigh, is where you’ll find condos as well as rows of historic homes and buildings.
In search of new developments? Head north to the Northern Raleigh area, which has experienced a bit of a building boom in recent years. Both new and established neighborhoods in North Raleigh are generally composed of spacious single-family homes on wooded lots, townhomes and estate-like residences, with newer developments offering a greater mix of all types. Some of the most desirable neighborhoods in the area include North Ridge, Bent Tree, Falls Village and Stonebridge. Just north of Raleigh in Wake Forest there is the award winning community of Heritage. Heritage Wake Forest began construction in early 2000. It continues to grow along with fabulous new amenities and close to 100 new homes have been sold in the 1st quarter of 2011. You owe it to yourself to see this community and it’s offerings.
As a whole, the Triangle has been experiencing stable, steady growth in the past two or so decades. Building permits issued for single-family new home construction surged by at least 25 percent from 1996 to 2007. By avoiding the skyrocketing kind of growth that other markets across the country underwent, Raleigh has also managed to sidestep the bursting of the housing bubble.
Whether you want a home in a more urban setting or a place of residence where you can wake up everyday to the music of the outdoors, Raleigh and its surrounding areas will have something for you.
No one knows Raleigh, North Carolina real estate better than Jeff Dicks of Keller Williams Realty. Should you wish to have more in-depth information on Raleigh home sales, Raleigh investment properties and real estate in other areas in the region, please feel free to give him a call.