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They are townhouses in Raleigh, North Carolina a good investment?
I'm in the market to buy in the summer of 2008. In Raleigh, the housing market seems to be holding very well against Boston or New York. I've been told my many people that a people is not a good investment in Raleigh, simply because there are too many new up each week. They are accessible are a good option for those who think they are going to leave in 3-5 years. They are in good locations What about KB homes? They have a very good Twin Lakes in the development of the Morrisville area, but I heard about the high maintenance fees. Martha Stewart, designs, and feel that will of great value in 3-5 years (more than 150,000 anyway.) Opinions please?!
Living in Raleigh, I would say that a people is certainly a good investment here. Yes, there are some climbing steadily, but your home does not depreciate significantly in value because of it. In addition, Raleigh has a huge population of young professionals by the Research Triangle buying homes and condos, so there is always a market for them. My only complaint is the HOA fees ranging from $ 100 per month to $ 200 a month depending on where you look. In fact, I visited another site KB Homes in the area and there are very nice houses. The market has slowed definitely some, but prices have started to plummet, however, it may happen that at some point next year.
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