Are you looking for a home near Research Triangle Park NC? Consider Durham NC where home values are ready to skyrocket.
Research Triangle Park NC (RTP) and Durham NC are on the verge of home value explosion. The Raleigh Durham (RDU) area is on the short list of the 5 top cities proposed for Amazon's HQ2. A new transit system based in Research Triangle Park and new road expansion projects in nearby Raleigh will improve commute times to RTP. Talent from local Universities will be attracted and will feed growth into Durham County Schools. Overcrowding in neighboring Wake County neighborhoods and lack of resale homes will send more buyers into Durham. Homes for sale in Durham cost less and you get SO much more home for the money in Durham. Property taxes are lower than in Wake County. There is less traffic. There is great food in Durham. The area surrounding RTP is about to EXPLODE. Durham is so close to RTP. There is NO way buying a home in Durham is a bad investment. Homes values in Durham have risen faster than those in nearby Raleigh.
Why is Durham NC ready to explode?
U.S. News & World Report ranked Raleigh, Durham and Chapel Hill number 7 of best places to live. This tri-city region (known as the Triangle) is luring nearly 80 new residents a day with strong job growth and a high quality of life. The area is known for its research/technology roots and collegiate rivalries.The cost of living in the Raleigh Durham NC (RDU) is slightly lower than the national average, with home prices climbing significantly over the past few years. Housing costs will continue to rise as more people flock to the area in search of a career. However, relatively low property taxes make home ownership easier than in other major cities.
Amazon is coming to Raleigh according to many sources. One renowned analyst from Wall Street placed Raleigh NC #2 on the short list for Amazon HQ2.
Mass transit is coming to Durham. This is luring Amazon. Why not you? “There’s no question in my mind, if we continue to grow, if we continue to want to have the quality of life that we have, we have to have alternative means of transportation.” — Mayor Bell, City of Durham
Downtown Durham has interesting and fun hotspots! Only a 15-minute drive from RTP. For shopping, the Southpoint Mall is a mere 9-minute drive from RTP.
Home to Duke University and nearby UNC-Chapel Hill and Duke Hospital, Durham offers residents world-class education and health care. Durham School for the Arts is a Gold Rated School (by U.S. News & World Reports) public magnet school for levels K through 12.
What Durham communities have strong growth in home values? Where are great homes for sale in Durham?
If you are looking for a new home close to RTP, consider Durham NC. To find out more about great communities, schools and great home values, call me! 919-600-3208. Or Download my Monthly Market Update.