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Old 08-09-2020, 06:53 PM
 
773 posts, read 645,715 times
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Quote:
Originally Posted by underPSI View Post
If you're wanting to be near Raleigh check out Clayton. If you're just wanting to live at the beach why not just move there? Plenty of houses in the 150 range Oak Island.
Nope. Not to mention the issue of finding a job.
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Old 08-10-2020, 07:09 AM
 
Location: Raleigh, NC
12,475 posts, read 32,238,608 times
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Quote:
Originally Posted by ljd1010 View Post
I live in Southport, about 3 miles from Oak Island. Not much in the $150k range on Oak Island. Most in that price range are mobile homes. Boiling Spring Lake is an option. Definitely more rural but you can buy a smallish (1200 sf) ranch home for that price, and still only about 15-20 min from beach.
I'll agree with ljd1010...not much left in Oak Island for $150,000.

Look around Wilmington? Towns like Leland?
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Old 08-10-2020, 07:40 AM
 
Location: Raleigh NC
3,644 posts, read 8,578,469 times
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Quote:
Originally Posted by VickiR View Post
I'll agree with ljd1010...not much left in Oak Island for $150,000.

Look around Wilmington? Towns like Leland?

Interesting. What has happened down there? Or has it always been like that and my memory is failing?
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Old 08-10-2020, 09:02 AM
 
Location: Apex, NC
1,370 posts, read 1,069,128 times
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Quote:
Originally Posted by underPSI View Post
Interesting. What has happened down there? Or has it always been like that and my memory is failing?
My guess would be what has happened everywhere...transplants with money.
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Old 08-10-2020, 09:09 AM
 
Location: Raleigh
13,707 posts, read 12,421,072 times
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Quote:
Originally Posted by MrRational View Post
Work on the skills and income end of the equation.
EARN what you need to afford a still rather modest $$ place like Wilmington
Quote:
Originally Posted by VickiR View Post
I'll agree with ljd1010...not much left in Oak Island for $150,000.

Look around Wilmington? Towns like Leland?
OP said it's not the money, but the distance from his parents in Pilot Mountain. Presumably he doesn't want to be 4 hours from them, but 2 is more acceptable.

Garner or Clayton or Knightdale would get him in the beach in a hair under 2 hours assuming he didn't leave at 5 on Friday.
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Old 08-10-2020, 09:41 AM
 
Location: Raleigh
13,707 posts, read 12,421,072 times
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Quote:
Originally Posted by STL2006 View Post
My guess would be what has happened everywhere...transplants with money.
They don't have to have that much money, they just need to be retiring. Anytime you have a surplus of retirees to an area they squeeze the supply curve of an area beyond what the economy would theoretically support. Wilmington, Asheville, etc...
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Old 08-10-2020, 09:48 AM
 
Location: Apex, NC
1,370 posts, read 1,069,128 times
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Quote:
Originally Posted by JONOV View Post
They don't have to have that much money, they just need to be retiring. Anytime you have a surplus of retirees to an area they squeeze the supply curve of an area beyond what the economy would theoretically support. Wilmington, Asheville, etc...
While true, I’d say the majority of those retirees are coming from areas with much higher CoL regardless. My co-worker is nearing retirement. He lives in Northern CA and is planning to retire to either TN, FL, or the NC or SC Coast, because in his words “I can sell my house here and live anywhere I want out there.”
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Old 08-10-2020, 09:51 AM
 
Location: Where the College Used to Be
3,731 posts, read 2,057,135 times
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Quote:
Originally Posted by STL2006 View Post
While true, I’d say the majority of those retirees are coming from areas with much higher CoL regardless. My co-worker is nearing retirement. He lives in Northern CA and is planning to retire to either TN, FL, or the NC or SC Coast, because in his words “I can sell my house here and live anywhere I want out there.”
Depending on where in NorCal he could probably buy a couple of places around here and live in a different place like most people change pants.

There are foreclosed gut jobs in the town my wife dreams of living in (where she lived during HS) that are going for $1M.
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Old 08-10-2020, 03:52 PM
 
773 posts, read 645,715 times
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Quote:
Originally Posted by underPSI View Post
Interesting. What has happened down there? Or has it always been like that and my memory is failing?
Its been discovered and prices have gone up.
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Old 08-10-2020, 03:55 PM
 
773 posts, read 645,715 times
Reputation: 727
Quote:
Originally Posted by JONOV View Post
OP said it's not the money, but the distance from his parents in Pilot Mountain. Presumably he doesn't want to be 4 hours from them, but 2 is more acceptable.
What do you mean? OP said: "What are some good areas that I could find a townhouse or condo for that's 150,000 or less?
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