North Carolina Real Estate
North Carolina is a state blessed with a lot of beauty. Brilliant beaches as well as picturesque mountain ranges, have given the state a lot of diversity making it a great tourist attraction. North Carolina is not only popular with tourists, but the beauty & pristine scenery of the mountain ranges make Western North Carolina real estate a worthwhile asset.
Before tourism got hold of The State of North Carolina, the major industry here was agriculture. NC is the 7th largest Apple Producing State in the country. Henderson County is its largest apple producing county. No wonder then that North Carolina has been hosting a festival in honor of the juicy apple produced
in the state.
North Carolina is a state with a variety of styles. Head to the mountains and you'll find a slower, gentler pace of life in stunning scenery. Providing over 15 percent of all the Christmas trees in the United States, the mountains are full of pines, winding roads, little towns and a hot bed for outdoor activities such as fishing, hiking and camping. Head down into the plains and you're in the tobacco heart of the country, not to mention a hot bed of colleges with Duke, the University of North Carolina and North Carolina State so closely situated that rivalries are red hot. On the coast, you'll find beautiful beach areas with little towns and rollicking fun. Locations in North Carolina consistently appear in top ten rankings for best places to live in the country.
Is real estate a good investment? The rich seem to think so! Without a doubt most high net worth individuals put their money into real estate. This is either in the country where they reside or 'offshore' in places where they like to holiday or rent to vacationers. Why do high net worth individuals invest in real estate? Today most families love to vacation at sea resorts or other places of interest. So buying property in such places is ideal for renting short term and maximizing property revenue during peak seasons.
North Carolina real estate is fairly reasonably priced. In Charlotte, a single-family home will run you in the $200,000 area with plenty of housing available. If you prefer the Raleigh-Durham area, you can expect a slight increase in average home prices of maybe $20,000.
Appreciation rates in North Carolina are modest to say the least. Despite the economic boom in Charlotte, overbuilding has lead to plenty of supply. In 2005, real estate in the property appreciated at a rate of roughly six percent.
Charlotte
Charlotte has exploded over the last ten years and is now the biggest city in North Carolina. The explosion has occurred through careful planning by city leaders, who aimed to make the city an economic hub in the south. Although the neighborhoods contain interesting little shops and areas, the city as a whole lacks the southern charm found elsewhere. If you want to live in a modern southern city, Charlotte is a good place. Some, however, complain the massive development has robbed the city of its soul.
Raleigh-Durham
The Raleigh-Durham area of North Carolina is a hot bed of college life. Duke University and the University of North Carolina can be found within easy reach of each other. Let the rivalries begin. If you're a college basketball fan, this area rivals the competition between Lexington and Louisville in Kentucky.
Raleigh is the capitol of the state and a nice little city. Visiting the city is more about taking in the lifestyle versus seeing anything in particular. Walking throughout the area will feel a bit like exploring Charlotte, but with the soul of the place still in tact. With the surrounding colleges, the Raleigh-Durham area has that unique, eclectic college atmosphere you typically find with institutes of higher education.
Chapel Hill North Carolina Real Estate
Chapel Hill North Carolina is renowned for its attractiveness as real estate treasure. Many people decide to settle here, partly because of the beauty of the town, partly because of the lack of crime and the wonderful scenery.
Chapel Hill is a college town with UNC campus, which makes it even more attractive. Michael Jordan started his glorious career there. No other place can be more proud of its beautiful architecture, wonderful surroundings, and breath-taking quietness and serenity and beauty. You can be absolutely sure of your property if you settle in Chapel Hill: the percent of crime there reaches zero.
If you are interested in Chapel Hill North Carolina real estate, or possibly acquiring a home in this area in the near future, you should contact a qualified Realtor to assist you in the home buying process. With real estate being such a need of the hour, it becomes essential to find a trustworthy realtor who will understand just what you are looking for and make this process as simple as it can get.