Business & Finance Renting & Real Estate

North Carolina Real Estate Market: A Bonanza for Investors and Retirees

Looking for a great place to invest or retire? North Carolina is known for its excellent real estate industry. For both investors and first time home buyers, it offers stable home prices, reasonable priced homes with plenty to choose from.

North Carolina is known for its unmatched natural beauty. There are flowers blossoming most of the year and it's not uncommon to see rose bushes in the middle of most cities. There are numerous parks scattered all over the state and the scenery is majestic. Endowed with rich wild life, cascades, mountains and rivers the entire state paints a picture of a huge park.

Nature has endowed North Carolina with world class beaches and is a popular destination for beach lovers. Some examples are Myrtle Beach, Wrightsville beach and Outer Banks.

Towards the mountains, The Blue Ridge parkway is an unbelievably beautiful experience with unmatched scenery. Nested in the foothills of the Appalachian Mountains, it experiences breath taking foliage and one can smell the sweet scent of flowers on both sides of the road. The state has endless parks and forests its worth exploring the majestic beauty especially in fall and summer.

One of the most amazing this about North Carolina is its moderate weather. Neither too hot nor cold, it offers excellent vacation conditions. Many investors choose to buy vacation homes near the beach at places such as Sunset beach, or in mountain villages such as Highlands where the weather is particularly appealing.

North Carolina enjoys thriving commerce and there are many financially thriving cities. One example is the Research Triangle which is close to Raleigh, the state capital. Both Raleigh and Charlotte are also popular due to their proximity to mountains and beaches, golf resorts and lakes. Real estate investment is popular and good returns are possible for both reselling and renting.

Geographically, the state is divided into regions. Central North Carolina comprises of Piedmont Triad area with major cities such as Greensboro, Winston Salem and High Point. The triangle area includes Raleigh, Chapel Hill and Durham. Charlotte is located south of Greensboro while Wilmington, known for its filming industry, is located south east of Raleigh.

Homestat.org is a vibrant, search web site designed to attract consumers interested in the €community experience€ and value of each property, without over complicating the search process. The Web site's provides an easy-to-navigate consumer portal that makes it fun to search for listings and explore the neighborhood - from day care centers to grocery stores. Consumers use http://www.homestat.org to quickly search over thousands of listings, with relevant search results taking consumers to property listings. The listing broker and agent information is readily available on each listing, encouraging consumers to reach out and learn more. All listings are displayed at no cost at http://www.homestat.org. To preview the site go to http://www.homestat.org

Homestat.org also provides reliable and statistical information based on data and facts of the area:

H-STAT Estimate: An appraisal algorithm to give our estimate of home values
H-STAT Rent estimate: Compare rent as landlord with monthly expenses as homeowner
Five year home price and equity projection:
Demographic and housing data for the zip code
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