Real Estate appreciation Long Term $$ (Charlotte, Raleigh: condos, tech job, schools)

[silverwing]

Originally Posted by a1m1700

I think Phoenicians are on the way.

Phoenicians?

OK. I know what you mean, but still ... here we've had sporadic outbursts about illegal immigrants, and now we're going to have these people charging the streets?

[a1m1700]

Originally Posted by silverwing

A biotechnology research and teaching center, in conjunction with the University of NC. The seriously curious can google Kannapolis+biotechnology or do a search on past threads. I posted a couple of links.

I'd like to get over there and look at the area; see how it has/is changing. I remember first visiting Kannapolis in the company of a realtor waayyy long ago. The downtown area had been refurbished into shops, furniture stores, other tourist tat stuff. Lately, it's been touted in homage to Dale Earnhardt, with a statue erected in his memory (I think his mom still lives in that area). I hear that the Pillowtex plant (which you could once tour and see how your binkies and bath towels were made )has been torn down, and the lake that was once a centerpiece of the town filled in.

For a bit of colorful and wrathful history of the area and industry, along with Murdoch's continuing interest, check this out
http://migration.ucdavis.edu/cf/more.php?id=150_0_2_0

I plan a ride over there, once my bike is out of the motorcycle hospital. I'm interested in revisiting the area, but only in conjunction with something I enjoy doing.

That's what my salesperson at the Farm was telling me about. Lots of things planned around that. We will be approx 10 miles from there I guess.

[rinsil]

We moved to NC some 8 years ago during the IT boom. In 2001-2002 everything took a big hit. 2004 began seeing a major change with the announcement of FedEx opening shop. In 2005 it was the turn of DELL. In 2006 it may be (hoping) Toyota. Real estate which was flat til 2004...has started picking up. See a lot of FL, MD and GA residents moving in. Housing is still afordable. Projected growth as per the builders guild is 7-8% here in Winston Salem-Greensboro and 10-12% for Raleigh and Charlotte areas.
NC is truly a good place to move to. Good Colleges and hopefully some good employers in the future. It currently has Wachovia, Sara Lee, RJR and a ton of mortgage Insurance firms.

[rinsil]

There are 2 biotech centers currently under construction in NC. The one is Kanapolis is the smaller one . There is another one in Winston Salem being built. (triad Research Park). Gov Easley was projecting a total of 40,000 biotech jobs in the triad. Construction is proceeding at full blast. 3 new biotech firms have opened shop here in the last 2 years. Many more to follow.

[a1m1700]

Originally Posted by rinsil

We moved to NC some 8 years ago during the IT boom. In 2001-2002 everything took a big hit. 2004 began seeing a major change with the announcement of FedEx opening shop. In 2005 it was the turn of DELL. In 2006 it may be (hoping) Toyota. Real estate which was flat til 2004...has started picking up. See a lot of FL, MD and GA residents moving in. Housing is still afordable. Projected growth as per the builders guild is 7-8% here in Winston Salem-Greensboro and 10-12% for Raleigh and Charlotte areas.
NC is truly a good place to move to. Good Colleges and hopefully some good employers in the future. It currently has Wachovia, Sara Lee, RJR and a ton of mortgage Insurance firms.

Is Sara Lee in Charlotte?

[Miker2069]

Originally Posted by rinsil

We moved to NC some 8 years ago during the IT boom. In 2001-2002 everything took a big hit. 2004 began seeing a major change with the announcement of FedEx opening shop. In 2005 it was the turn of DELL. In 2006 it may be (hoping) Toyota. Real estate which was flat til 2004...has started picking up. See a lot of FL, MD and GA residents moving in. Housing is still afordable. Projected growth as per the builders guild is 7-8% here in Winston Salem-Greensboro and 10-12% for Raleigh and Charlotte areas.
NC is truly a good place to move to. Good Colleges and hopefully some good employers in the future. It currently has Wachovia, Sara Lee, RJR and a ton of mortgage Insurance firms.

Wow didn't know Fedex and DELL, I assume DELL...This is a good summary of the growth, so may be it could boom

[Weis02]

how car is charlotte to Winston-Salem and Raleigh to Winston-Salem - does anyone know?

[mm34b]

Originally Posted by WenIs02

how car is charlotte to Winston-Salem and Raleigh to Winston-Salem - does anyone know?

According to MapQuest -

Charlotte -83 miles

Raleigh - 107 miles

[Weis02]

by the way, what is the speed limit in NC? Meaning highway

[rinsil]

Originally Posted by a1m1700

Is Sara Lee in Charlotte?

Sara Lee, Wachovia Corp, RJR, Triad Gaurentee, GMAC, RMIC are all in Winston Salem. FedEx is in Greensboro (20 miles away) and DELL is in Kernersville (10 miles away)