Twenty percent. That’s the magic number for a house down payment, or at least according to popular wisdom. Earlier in the 20th century, that might have been both true and achievable. But now,
Picking The Right Triangle City
Relocating to the North Carolina Triangle? Welcome! You’re not alone; our area is one of the fastest-growing areas in the country, and real estate is in high demand. Our area has something for everyone: vibrant downtowns for millennials, great schools for new families, and rural living and easy vacation options for retirees.
The Triangle is so named for its three major cities: Raleigh, Durham, and Chapel Hill. The area is host to top-tier universities, biotechnology companies, tech startups, and the seat of state government. Each city brings this mixture its own unique flavor. Here, we’ve outlined each city’s major characteristics.
As the state capital, Raleigh is a very busy place. Its downtown is home to some of North Carolina’s largest companies and most popular museums, along with the engineering powerhouse of North Carolina State University. Wake County schools are highly regarded, and the city has a nice mixture of historical homes, new apartments, and green space.
But the city’s biggest additions in the past decade have occurred on its outskirts; Raleigh’s North Hills is home to high-end apartments and shopping, and Cary has gone from a small suburb to a city in its own right. Other suburbs – Apex, Knightdale, Morrisville – have seen similarly explosive development. Further North and South, towns like Wake Forest and Holly Springs offer quieter living with easy access to Raleigh and its neighbors.
The Bull City (as it is often called) is a city with its heritage buried firmly in tobacco manufacturing. The cityscape is dominated by sprawling, low-slung brick warehouses. With the industry’s decline, these have turned into trendy office spaces, condos, and mixed-use shopping complexes. Durham is a city that has reinvented itself. That spirit of reinvention has birthed an excellent arts community (including a large performing arts center), internationally renowned Duke University, and arguably the best food scene in the Triangle.
Durham’s oldest neighborhoods – Brightleaf, Morehead Hill, and others – feature large homes, mature landscaping, and close proximity to the vibrant downtown area. Its suburbs are less developed than Raleigh’s, better suited for those who want a more rural experience. Falls Lake, around thirty minutes East, also offers many recreation opportunities.
Home to the University of North Carolina, Chapel Hill’s youthful culture is influenced by the proximity of students. Its main artery, Franklin Street, is home to popular music venues, quirky restaurants, record stores, and boutiques. The collegiate influence is more than cultural; Chapel Hill’s schools are widely regarded as among the best in the state.
Homes in Chapel Hill proper are largely historical, reflecting the area’s academic heritage. Trendy apartments and condos surround downtown, catering towards recent graduates and twenty-somethings. Spreading past city limits, you’ll find mostly newer developments. The higher-end homes sit next to golf courses, lakes, and other rural comforts.
Looking for a new home in North Carolina’s Triangle? We live here and work here, and we would love to help! Contact Domicile Realty today and let’s get you living where you deserve.
A native of New Jersey, Kristine attended Rowan University with a major in Early Childhood Education. After teaching kindergarten for one year, she discovered her passion for real estate and subsequen....