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Old 07-27-2012, 08:03 PM
Location: Inactive Account
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I agree with the others this is a matter of adjusting your expectations to the market. $600 for a "decent" townhouse or $900 for a "decent" house is cheap in CLT/RDU/GSO. Greenville is a growing city and aspiring to be more like those areas, than the eastern towns around it.
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Old 07-28-2012, 04:46 AM
Location: Greenville, NC
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Originally Posted by Razgriz08 View Post
Something ain't right. Across the country, rents are higher and wages are stagnant or decreasing.
This is very true. But, I will agree with everybody else. Rent in Greenville, even for expensive homes, is still cheap. I moved here from Maryland and you can't rent an outhouse there for under $1,000 a month. I have a buddy that lives in a shack, literally. It was built in the 1940s and hasn't been updated. Not the bathroom, kitchen or anything. It has the old cellotex wall coverings with wood strips covering the joints. The front door lacks any kind of weather stripping. The windows are old wooden single pane windows without storm glass. It really needs to be torn down and a new house built there.

He pays $1,600 a month plus utilities. It was the cheapest house he could find.
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Old 07-28-2012, 08:24 AM
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If you're planning on staying in the area for a while then I would advise taking the time to really do some searching for foreclosures. There are a LOT in the area. Do the research and make a list of things to be careful of so you don't get screwed and then put in the effort to find where to look for the foreclosures. There is a billboard in the courthouse paper with foreclosure notifications that allows you free access to that information. Granted it's not in the easiest format to search but it is there and if you're VERY nice to the person(s) who can help you find that information they may help you out. Otherwise I'm sure there are websites that can help you find the info.
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