What's Going on in Mebane?

By
Real Estate Broker/Owner with Steve Moore/David Massey Real Estate

We all see the media bombardment of negative real estate and economic news several times a day, but things are not all bad.  The geographic location of Mebane, NC has us at the forefront of growth.  the former Arrowhead Golf Course is now being developed into a mixed-use community anchored by theAlamance Regional Medical Center facility.  Tangier Outlets is said to be coming.  A retail center of orer 1,000,000 suqare feet of space in in the planning stages, an upscale assisted living community is in the planning stages.  Lowe's Foods has just opened a new store.  Gregory Poole is construction a new building.

More residential development will follow closely behind.  Now may be the best time ever to buy, expecially in the Mebane area. 

For approximately the last five years we have been bombarded with offers from mortgage lenders to grant mortgage loans to people with "less than perfect" credit history.  Now the results of that trend are evident.  I have no crystal ball, but, in my opinion, now may be the best time in recent history to buy a home.  Gas prices continue to rise and show no sign of abatement.  Gas prices directly impact almost every segment of the economy, so you can bet that we are facing a round of significant inflation.  Real estate has historically been the best hedge against that inflation.  The good news is ---- if you have Good Credit and are Gainfully Employed, you can probably obtain a Very Attractive mortgage loan before home prices begin to rise again.

Comments (6)

Anonymous
Steve Moore

Thanks David.  This is new to me, but I plan to learn quickly.

May 30, 2008 02:43 AM
#2
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Hello,

I would like to welcome you to Active Rain!

I hope to see more of your blogs in the future!

Educate us, learn from others and don't forget to have a little fun while you're at it!

Take care!

May 30, 2008 08:11 AM
Benjamin Clark
Homebuyer Representation, Inc. - Salt Lake City, UT
Buyer's Agent - Certified Negotiation Expert

Welcome to Active Rain! For some tips on how to get started here, check out my blog entry at ActiveRain Fast-Start Tips for Quick and Easy Points

Happy blogging and good luck!

May 30, 2008 05:05 PM
Peg Gilliland
Charlottesville Solutions - Charlottesville, VA
Broker, GRI, CDPE

I see that you are new to Active Rain and I just wanted to welcome you. I hope that you enjoy it as much as I do and that you find it a great resource.

May 31, 2008 06:11 AM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Steve,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!

-Keith

Jun 01, 2008 04:34 PM