U.S. CitiesCity-Data Forum Index
Merry Christmas!
Go Back   City-Data Forum > U.S. Forums > North Carolina
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Thread summary:

Considering relocating to North Carolina area, concerned about waiting too long to move resulting in pricing myself out, outlook of North Carolina real estate markets

Reply Start New Thread
 
Old 09-08-2006, 03:27 PM
 
2,295 posts, read 280,278 times
Reputation: 317

Advertisements

Quote:
Originally Posted by thisguy View Post
I don't think NC is necessarily "CHEAP", but I think NC is a very good value for what you get in terms of climate, jobs, the whole package.

Will it bubble? Whose to know? I hope not. But I can see a lot of steady appreciation year after year. There is still a lot of room to grow around the major cities so hopefully that new supply of homes will stop any bubbling from happening.

That said, if anyone hears about lotteries in NC let me know so I know to avoid that area haha.
LOL I took you as being serious about Texas because it's always popping up as the new boom town and the Caralinas. I won't move there because of the weather and it's not my type of place. I think it will boom though in a few years.

Agreed incomes do not match houses prices in AZ or LV. When I can go on monster.com and see better paying jobs in NC opposed to AZ something is out of whack for sure.

If I hear of any lotteries coming to NC I will pm you.
Reply With Quote Quick reply to this message

 
Old 09-08-2006, 03:32 PM
 
1,126 posts, read 2,817,988 times
Reputation: 408
Quote:
Originally Posted by thisguy View Post
After I posted my somewhat sarcastic comments about Texas being the next boom area I was reading a blog which had a link to thise site which projected 2006 and 2007 home price increases (it was published at year end 2005)

Funny thing - the top 3 markets for future appreciation were in Texas .. so I guess I wasn't being as much of a smart aleck as I thought On a serious note you do get a lot of money for your home in Texas so if you can stand the heat and the culture suits you, you get a lot of house (neither of which apply to me!)

Here is the link
http://money.cnn.com/pf/features/lis...owth_forecast/

Another interesting note... take a look at the median home value in the top 10-20 home markets for future appreciation, versus the bottom 10. What a gulf. And no, people in Las Vegas or San Diego or LA don't make on average double or triple what a person makes in Tulsa Oklahoma or Texas or Carolinas. Their markets are just out of whack with the average income. (In fact Vegas is a town based on service industry which is generally the lowest paying type of work!)
It's the taxes though. 3%! That's a lot. Along with HOA on most new houses. Yikes
Reply With Quote Quick reply to this message
 
Old 09-08-2006, 04:14 PM
 
2,295 posts, read 280,278 times
Reputation: 317
Quote:
Originally Posted by TornadoAlley View Post
It's the taxes though. 3%! That's a lot. Along with HOA on most new houses. Yikes

Personal income tax is outrageous in NC HOA's are a bargain though in NC compared to the new home hoa's here in Gilbert.
Reply With Quote Quick reply to this message
 
Old 09-08-2006, 04:28 PM
 
1,126 posts, read 2,817,988 times
Reputation: 408
I'm bad. Never compared personal taxes between SC and NC (if any).
Reply With Quote Quick reply to this message
 
Old 09-08-2006, 05:12 PM
 
2,295 posts, read 280,278 times
Reputation: 317
Quote:
Originally Posted by TornadoAlley View Post
I'm bad. Never compared personal taxes between SC and NC (if any).
Same I think..........right? Like 9%
Reply With Quote Quick reply to this message
 
Old 09-08-2006, 05:26 PM
 
1,126 posts, read 2,817,988 times
Reputation: 408
Quote:
Originally Posted by a1m1700 View Post
Same I think..........right? Like 9%
How would I know or find it? By the time I look you will have found a link I bet
Reply With Quote Quick reply to this message
 
Old 09-08-2006, 05:37 PM
 
2,295 posts, read 280,278 times
Reputation: 317
Quote:
Originally Posted by TornadoAlley View Post
How would I know or find it? By the time I look you will have found a link I bet

Oh sorry......my bad, both are 7%. That's a crime in itself
Reply With Quote Quick reply to this message
 
Old 09-08-2006, 05:39 PM
 
1,126 posts, read 2,817,988 times
Reputation: 408
Quote:
Originally Posted by a1m1700 View Post
Oh sorry......my bad, both are 7%. That's a crime in itself
Thanks. No state tax though if I remember. Local sales tax is?
Reply With Quote Quick reply to this message
 
Old 09-08-2006, 05:39 PM
 
212 posts, read 667,491 times
Reputation: 62
Quote:
Originally Posted by TornadoAlley View Post
How would I know or find it? By the time I look you will have found a link I bet
SC
Tax Rate Range: Low - 2.5%; High - 7%
Standard Deduction: Single - $4,750; Married filing jointly - $9,500

NC
Tax Rate Range: Low - 6.0%; High - 8.25% (rate will continue until January 2008)
Standard Deduction: Single - $3,750; Married filing jointly - $6,100
Reply With Quote Quick reply to this message
 
Old 09-08-2006, 05:42 PM
 
1,126 posts, read 2,817,988 times
Reputation: 408
Quote:
Originally Posted by tismekll View Post
SC
Tax Rate Range: Low - 2.5%; High - 7%
Standard Deduction: Single - $4,750; Married filing jointly - $9,500

NC
Tax Rate Range: Low - 6.0%; High - 8.25% (rate will continue until January 2008)
Standard Deduction: Single - $3,750; Married filing jointly - $6,100
Good find! Now you show NC has a lock until Jan'08 what about SC? What about sales tax for Fort Mill or Tega Cay?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $89,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina

All times are GMT -6. The time now is 06:11 AM.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top