[Trusses]

Originally Posted by Gatornation

This is very true. We bought our townhouse in NC in 2006. We sold it in April of 2009 while it was vacant for 18k more than we paid.

Wow, that cant be said in FL. Our house is worth half of what it was in 2006. We have relatives in the Asheville area and their homes have ALL appreciated, even in the recent yrs. Woulda, shoulda, coulda.

[Trusses]

Originally Posted by OrlandoRE_Miracle

They have good jobs in those mountainous areas? I thought Raleigh and Charlotte were the only places that have corporate presence.

Raleigh, Charlotte, Winston Salem, Greensboro... not so much in Asheville, like Gypsychic said, more tourism/service based like FL. But there are lots of doctors, lawyers, CPA's, etc... in that area... it just depends on what you are looking for.

I could get a job in Asheville tomorrow actually. But I cant do anything with my new Orlando home that is worth less than a doublewide on 1/3 of an acre up there.

[OrlandoRE_Miracle]

Originally Posted by Trusses

Raleigh, Charlotte, Winston Salem, Greensboro... not so much in Asheville, like Gypsychic said, more tourism/service based like FL. But there are lots of doctors, lawyers, CPA's, etc... in that area... it just depends on what you are looking for.

I could get a job in Asheville tomorrow actually. But I cant do anything with my new Orlando home that is worth less than a doublewide on 1/3 of an acre up there.

Orlando isn't so bad. You'll find it grows on you.

[Trusses]

But the people here will not change. Once a place starts to get the Miami mentality, I dont think it will change back to the way it was.

I am a FL native. I liked Orlando 10 yrs ago, not any longer.

[Mrs. P]

Originally Posted by Trusses

Wow, that cant be said in FL. Our house is worth half of what it was in 2006. We have relatives in the Asheville area and their homes have ALL appreciated, even in the recent yrs. Woulda, shoulda, coulda.

Well it's 2009 here and we can't sell ours for more than we paid.
I find that highly suspect. I'm 2 miles from Charlotte, in a preferred area.
I bought my home in 2007 and couldn't sell it for a dime more than I paid for it, and I've put in a couple of thousand dollars of upgrades.

Figures recently released for the Charlotte metro area back this up.
Housing prices are down on the resales.

[Mrs. P]

Originally Posted by Trusses

I dont know that many people that want to leave. Most of the areas affected the most by influx of transplants - Charlotte, Raleigh, Asheville - have a high transplant population anyway. So unless those cities become more crowded, crime ridden, and unfriendly that the cities they originally came from (NYC, Boston, Miami, Tampa, Philly, etc) I dont see them going back. And ,any of the natives live in other areas that arent so populated, so I dont see them leaving.

I mean, you might read about the occasional person from FL (usually from NY or NJ anyway) who moved to NC and came back to FL, but that's less than 10% of the population - and that 10% is generous.

Most of the people here that I talk and work with, who mention they want to leave list this as the number one reason 1. they miss home. 2. don't mesh well with the Southern bible belt culture 3. thought Charlotte would be like other big cities and found out it wasn't (this seemed to affect many of my younger co workers)
They thought Charlotte would be like Chicago, NYC, Seattle, San Francisco, a young liberal type crowd. And that it ain't.

THen there are some who would never go back home and the number reason for that is weather.

It's about 50/50. There are people moving into Charlotte, but there are people leaving as well. I do know the growth has slowed greatly.

You have to understand Charlotte and Raleigh are two entirely different areas.
Raleigh is basically supported by Charlotte's tax dollars, but will not in return fund Charlotte for necessities to keep up with Charlotte's growth. THis is usually what happens in a state where their capital is NOT the largest city. This is a sore point for many Charlotteans.

[Mrs. P]

Originally Posted by OrlandoRE_Miracle

They have good jobs in those mountainous areas? I thought Raleigh and Charlotte were the only places that have corporate presence.

Not that I am aware of sorry I can't be more help. I just don't know of any corporate entities there. Nor do I recall seeing any planning on coming in.

However, as more people continue to move to Asheville (and it's getting expensive to buy there) I think it will be more of a service type community, no so much vacation type services...but rather services in medical, county/city services those type of jobs. I know NC has had several big employers recently announce they are opening branches in NC (Apple / Google) but they didn't go to Asheville. These companies are locating to NC towns hit hard by furniture and mill closings.

Raleigh is more government jobs, Charlotte is a banking and transportation hub.

[OrlandoRE_Miracle]

Originally Posted by Mrs. P

Not that I am aware of sorry I can't be more help. I just don't know of any corporate entities there. Nor do I recall seeing any planning on coming in.

No problem, I have zero intention of ever moving there. Although I'm sure Asheville would be a great place to spend a few days on vacation.

[OrlandoRE_Miracle]

Originally Posted by Mrs. P

Most of the people here that I talk and work with, who mention they want to leave list this as the number one reason 1. they miss home. 2. don't mesh well with the Southern bible belt culture 3. thought Charlotte would be like other big cities and found out it wasn't (this seemed to affect many of my younger co workers)
They thought Charlotte would be like Chicago, NYC, Seattle, San Francisco, a young liberal type crowd. And that it ain't.

Maybe they'd like Atlanta better. I would choose it over Charlotte, even though it's certainly got it's own issues.

[Gatornation]

Originally Posted by Mrs. P

Well it's 2009 here and we can't sell ours for more than we paid.
I find that highly suspect. I'm 2 miles from Charlotte, in a preferred area.
I bought my home in 2007 and couldn't sell it for a dime more than I paid for it, and I've put in a couple of thousand dollars of upgrades.

Figures recently released for the Charlotte metro area back this up.
Housing prices are down on the resales.

I lived in Raleigh and bought in a desired neighborhood. If you bought in my old neighborhood after late 2008 you would be under water 5-10k.