Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Raleigh, Durham, Chapel Hill, Cary
 [Register]
Raleigh, Durham, Chapel Hill, Cary The Triangle Area
Please register to participate in our discussions with 2 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.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-07-2010, 02:34 PM
 
80 posts, read 176,858 times
Reputation: 54

Advertisements

Hey all,

I've been doing some house-hunting online and have noticed some odd purchases/sales in Amberly. Seems like a couple of folks are selling their homes just a month to 3 months after buying them on one street. These aren't the kind of homes that would likely be flipped.

On a nearby street, there are 3 homes for sale.

I'm pretty new to the area and am wondering if there's something wrong with these homes or this neighborhood. I'm referring to Blackstone in Amberly.

Your candid feedback would be very appreciated.
Thanks!
Reply With Quote Quick reply to this message

 
Old 03-07-2010, 02:48 PM
 
6,297 posts, read 16,054,411 times
Reputation: 4846
Layoffs?
Reply With Quote Quick reply to this message
 
Old 03-07-2010, 06:06 PM
 
644 posts, read 1,498,699 times
Reputation: 463
Over priced development, but people still buy there and then when they have a problem must sell. Cary prices are still too high in this market.
Reply With Quote Quick reply to this message
 
Old 03-07-2010, 06:16 PM
 
1,832 posts, read 5,077,393 times
Reputation: 1110
I don't know about Blackstone, but I have family in Amberly and they have seen several neighbors lose jobs (after being transferred here by their companies) and end up moving out of state when they find work again. With all the banking and high-tech layoffs, I'm not surprised to see it happening in a more expensive development like Amberly.
Reply With Quote Quick reply to this message
 
Old 03-07-2010, 07:44 PM
 
Location: RTP, NC
11 posts, read 30,245 times
Reputation: 17
I have a lot of friends whose families reside there.
I know that a lot of their parents work for RTP companies and many of these companies have closed, cut jobs, or relocated recently, including Sony Ericsson, IBM, and a few others.
As far as the neighborhood goes, there aren't any problems that I have heard of from friends living there. (And furthermore Panther Creek High School is the best high school in NC, if you ask me, which can definitely aid in property values.)
Reply With Quote Quick reply to this message
 
Old 03-07-2010, 07:54 PM
 
Location: Cary, NC
2,932 posts, read 7,802,677 times
Reputation: 1418
I also have a feeling it had to do with the current state of jobs in this area. The area is still very desireable though.
Reply With Quote Quick reply to this message
 
Old 03-08-2010, 04:53 AM
 
2,908 posts, read 3,858,987 times
Reputation: 3166
It could be that people are realizing that they do not want to be able to reach out of their window and shake hands with the neighbors.
Reply With Quote Quick reply to this message
 
Old 03-08-2010, 05:17 AM
 
513 posts, read 1,601,474 times
Reputation: 241
Quote:
Originally Posted by AliciaAmnesia View Post
(And furthermore Panther Creek High School is the best high school in NC, if you ask me, which can definitely aid in property values.)

hmmmm......i think green hope was tops in the area but not sure.

Quote:
Originally Posted by theS5 View Post
It could be that people are realizing that they do not want to be able to reach out of their window and shake hands with the neighbors.
The houses would be over $700k with a half acre....I have 7 ft between my house and my neighbors. I call it fire safety, I can jump on their roof incase mine starts to burn lol
Reply With Quote Quick reply to this message
 
Old 03-08-2010, 06:46 AM
 
80 posts, read 176,858 times
Reputation: 54
Default Thanks for your answers, folks

Thanks to everyone who replied!
Reply With Quote Quick reply to this message
 
Old 03-08-2010, 06:46 AM
 
Location: H. F.
98 posts, read 131,012 times
Reputation: 55
Quote:
Originally Posted by theS5 View Post
It could be that people are realizing that they do not want to be able to reach out of their window and shake hands with the neighbors.
That is what I was thinking. Way too close for that kind of money. Or it can be

Relocating
Moving up
Divorce
Picking a different location in the development
Too much air traffic

It can be any number of things.
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 $104,000 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 > Raleigh, Durham, Chapel Hill, Cary
Similar Threads
View detailed profiles of:

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - 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, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top