Durham Real Estate Blog

5 Things to Know About The Lynde Condos in Raleigh

The Lynde Condos Raleigh

The Lynde is one of Raleigh’s newest condo developments, and as you’ll quickly find out, it’s perhaps one of the most desirable projects coming through the development pipeline as well. If you’re still unfamiliar with The Lynde, here are 5 things to know about this one-of-a-kind building….

  • The location won’t disappoint. The Lynde is conveniently situated between Dorothea “Lynde” Dix Park, Historic Boylan Heights, and Raleigh’s Warehouse District, providing residents with unbelievable access to many of the city’s hottest restaurants, nightlife, and everything else downtown has to offer. 
  • The...

M/I Homes Proposal Could Bring 500 New Homes to Southwest Wake County

New Construction Homes in Apex NC

Columbus (OH)-based M/I Homes has filed plans for a massive development set on 140 acres in southwest Wake County.

The project is expected to have up to 520 units on a stretch of mostly undeveloped land near 8829 New Hope Farm Road on the western edge of Apex, and north of U.S. Hwy. 1 and New Hill.

As of now, M/I is proposing a mixture of townhouses and single-family homes, all of which containing solar conduits for the installation of rooftop solar panels. Additonally, no commercial use buildings will be permitted as part of this development.

...

Raleigh Poised To Have Top Housing Market in 2020

Raleigh Housing Market

It's easy to see why Raleigh, NC is one of the top real estate markets right now. Obviously North Carolina's capital city is a key part of of the North Carolina Research Triangle, which is a major hub for high-tech and biotech research. But that's becoming more and more critical to real estate investors as the tech industry adds more high-paying jobs. 

In addition to being home to high level technology and life science institutions,...

Plans For Former Daniel Boone Village in Hillsborough County Unveiled

Hillsborough County Development

The Hillsborough Town Board are in discussions with Criterion Development about a major development plan for the former Daniel Boone Village site, according to new reports. 

Depending on public reaction and an eventual vote, the project could include plenty of new places to live, work, and shop at the development site near the corner of South Churton Street and Interstate 85 in the future.

During the most recent meeting, Criterion sought feedback from the board regarding the now vacant Daniel Boone Village, future plans for the site, and potential changes to the Collins Ridge development.

Included in the proposed plan for the Daniel Boone...

Triangle Population Boom Pricing Some First-Time Home Byers Out of the Market

Affordable Housing Triangle Area

Affordable housing within the Triangle area is becoming harder and harder to come by for some buyers looking to enter the market thanks to a dwindling inventory of homes and more people moving to the area. Since 2010, Wake County's population has seen an increase of 23% while Durham County's population has risen 18.5% within the same time period.

According to the N.C. Housing Coalition's, affordable housing is clasified as 30% or less of a the total household budget. Last year, the average price for a home in Wake County was listed at around $302K pricing many first-time buyers or families out of the area.

...

Sales For 106-Home Castleberry Community Set to Begin Next Month

Castleberry Community Apex

Pennsylvania-based Toll Brothers is getting ready to launch sales for its newest Triangle area community called Castleberry, according to a recent report from the Triangle Business Journal.

Located just outside of Apex, Castleberry will be a smaller, 106-unit master-planned community and feature four collections of residences that are projected to start in the mid-$500,000. 

As mentioned, ...

Raleigh Among Best Places For Millennials to Live and Work

Millennials Living in Raleigh

Millennials may still be just starting their careers, but there are certainly some metro areas across the country that are more favorable places for the generation to work and live. Commercialcafe recently ranked metros with at least one million residents in relation to categories specific to the millennial worker.

Commercialcafe looked at millennial population growth, population share and did a cost-of-living comparison. It also looked at the millennial unemployment rate, the average commute time, plus the share of millennials with a bachelor’s degree and employer-based health insurance. 

Raleigh, in particular, did well in terms of its...

2 Major Residential Developments Reportedly in the Works For Garner

Garner NC Residential Developments

In case you missed it, the town of Garner is reportedly reviewing initial plans for a large residential development that would encompass 325 acres near where Highway 70 and Interstate 40 intersect. 

The plan was submitted by Miami-based Lennar and if developed would include a whopping 641 single-family homes and 180 townhouses. 

A plat map can be viewed on the News & Observer website, which appears to have the development broken down into 5 phases. 

As of now, the new 800-home community is being called Edge of Auburn but additional details and information aren’t...

Inside Raleigh's Oakwood Townes Community

Oakwood Townes Raleigh

Located in Historic Oakwood, Raleigh’s Oakwood Townes offers new construction townhomes in a desirable setting. These multi-level townhomes come mostly in two- and three-bedroom layouts, with generally around 1,700 square feet of living space. 

Found in the Beltline, the townhomes also offer garage parking, a fireplace and some outdoor living space.

A project of Legacy Custom Homes, the townhome community includes around three-dozen townhomes in all for buyers to choose from.

Most of the townhomes on the market right now are priced in the high $400,000s to low $500,000s. The price point affords contemporary-style homes with plenty of upgrades....

Boutique Condo Project Planned Close to Dix Park

Boutique Condo Development

A new boutique condo project could be headed to a location close to Dix Park, according to reports. The proposed 32-unit community would be built on some property at the corner of W South and S Saunders streets.

Projected to start priced in the mid $300,000s, plans call for one-, two- and three-bedroom floor plans. The condos would also offer some private balconies.

In addition, some units of The Lynde would include floor-to-ceiling windows and double-height ceilings. The floor plans may also allow for flexible space that could be turned into a den or office, depending...