Raleigh Relocation Package - Market Reports
Wake County Appreciation Continues to be Positive
With so much news on negative home values, homeowners and home buyers start to wonder if there are any areas where a home remains a strong investment.
Appreciation rates for the Wake County area continue to be positive, even in most recent First Quarter 2009 reports. When comparing to national appreciation rates, these positive numbers do more than just stand out - they verify why the Raleigh area has been a top destination over recent years. Here's the most recent appreciation rate results:
Wake County - A Positively Great Place to Own a Home
Every city and town inside Wake County has a positive appreciation rate, factoring all sales in 1Q 2009. These appreciation rates are factored by taking the most recent price of the home versus the previous sales price.
And the Best Places to Buy (or Sell) a Home:
Raleigh NC - Highest Wake County appreciation, average of 5.12%.
Cary NC - 4.45% Appreciation Rate
Apex NC - 4.23% Appreciation Rate
Wake County (outside city limits) NC - 3.96% Appreciation Rate
Garner NC - 3.87% Appreciation Rate
Fuquay Varina, Holly Springs, Knightdale, Morrisville, and Wake Forest also offer positive appreciation rates!
Of course appreciation does differ based on the neighborhood, nearby homes, and other factors, so you'll want an agent to look at comparable sales before deciding what to list your current home for sale at, or before deciding what kind of offer will get accepted on a home you're looking to purchase.
Overall appreciation rates are great indicators, but a good neighborhood in Wake Forest could certainly have higher appreciation than a less desirable neighborhood in the city of Raleigh - so make sure to do your research!
Other 1Q 2009 Raleigh/Durham/Chapel Hill Market Reports:
Wake County Inventory Levels April 2009
Luxury Home Inventory - First Quarter 2009
Raleigh NC New Home Resources - Building a Home in Raleigh
Raleigh NC New Home Builders
Build On Your Lot in Raleigh, NC
Accessible Homes NC – Accessible Builders in Raleigh
Acreage Lots for Sale Raleigh, NC
Golf Course Communities – New Homes on a Golf Course in Raleigh
Raleigh, NC New Home Lots and Land
Most Up-to-Date Raleigh Market Reports - How is the Housing Market in Raleigh?
Finding Your New Home in the Raleigh Area
Stanton Homes makes it easy! We'll guide you through the entire process - select from thousands of different floor plans, and hundreds of different locations, with a focus on new custom homes in the upper $100s to the $500s. Custom design build options available too!
Call 919-278-8070 or visit www.StantonHomes.com to find out more about new homes in the Raleigh area today.
Articles copyright Stanton Homes 2006-2011. Unauthorized use is not permitted. Provided for informational purposes only, no claims are made by Stanton Homes regarding the validity of any statements. Please note: all listing information per MLS, and current as of posting date. Information subject to change. Stanton Homes does not make claims to ownership of any lot listings, but can work with homebuyers to purchase available lots and build. Home plans to be approved on an individual basis, subject to neighborhood restrictive covenants and lot restrictions. Ask for further information regarding any community, lot or floor plan. Photos represent typical homes and details of each neighborhood, to help highlight different options available in the Raleigh/Triangle area. No claim of ownership is made to homes or land pictured.
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