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Durham Real Estate Blog

Plans For Former Daniel Boone Village in Hillsborough County Unveiled

Posted by Brandon Duncan on Saturday, February 29, 2020 at 1:07 PM By Brandon Duncan / February 29, 2020 Comment

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...

Triangle Population Boom Pricing Some First-Time Home Byers Out of the Market
Posted by Brandon Duncan on Monday, February 10, 2020 at 12:48 PM By Brandon Duncan / February 10, 2020 Comment

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.

...

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