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Old 11-18-2013, 04:27 PM
 
Location: Houston
20 posts, read 35,541 times
Reputation: 10

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What is considered the hot areas of Durham? I've been looking at North Durham, and it appears resell is somewhat slow in the 200k+ area. I am also looking at Hillsborough. I'm new to this state.

It appears the school systems are better in Hillsborough compared to Durham.

What are your thoughts and opinions please?
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Old 11-18-2013, 05:28 PM
 
Location: Durham, NC
69 posts, read 155,033 times
Reputation: 54
We just finished the home-buying process in Durham. The advice we received from our agent was that homes in North Durham take a lot longer to sell in your price range. You can get more for your money up there, but it's quite a ways away from RTP and much of the area's shopping . Anything east of 147 tends to stick around on the market for a long time too (much of this is newer construction). We were advised to look in South Durham if we wanted a faster re-sale down the road. This includes Hope Valley Farms, Woodcroft, Woodlake...as well as the neighborhoods south of I-40 in the Southpoint mall area (these homes tend to be more expensive). These areas are always in high demand, and many of the residents/doctors/professionals that move in or out of the area each year are always looking to buy in these conveniently-located areas.

It took us 5 months to find and buy a house. Overall, we found the above info to be pretty accurate. Many of the houses in North Durham would be on the market for months (some are still sitting), while houses in Hope Valley Farms and Woodlake would disappear within days of being listed. Ultimately, we just decided North Durham wasn't a good fit for us due to location, so we focused our search in South Durham...drove around all the neighborhoods, picked a few that felt "right"...then watched the listings like a hawk until we found a home in our target area.

We didn't consider schools at all in our purchase.
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Old 11-18-2013, 05:36 PM
 
Location: Houston
20 posts, read 35,541 times
Reputation: 10
Quote:
Originally Posted by chofmann79 View Post
We just finished the home-buying process in Durham. The advice we received from our agent was that homes in North Durham take a lot longer to sell in your price range. You can get more for your money up there, but it's quite a ways away from RTP and much of the area's shopping . Anything east of 147 tends to stick around on the market for a long time too (much of this is newer construction). We were advised to look in South Durham if we wanted a faster re-sale down the road. This includes Hope Valley Farms, Woodcroft, Woodlake...as well as the neighborhoods south of I-40 in the Southpoint mall area (these homes tend to be more expensive). These areas are always in high demand, and many of the residents/doctors/professionals that move in or out of the area each year are always looking to buy in these conveniently-located areas.

It took us 5 months to find and buy a house. Overall, we found the above info to be pretty accurate. Many of the houses in North Durham would be on the market for months (some are still sitting), while houses in Hope Valley Farms and Woodlake would disappear within days of being listed. Ultimately, we just decided North Durham wasn't a good fit for us due to location, so we focused our search in South Durham...drove around all the neighborhoods, picked a few that felt "right"...then watched the listings like a hawk until we found a home in our target area.

We didn't consider schools at all in our purchase.
Thank you for your information. I will check some of those areas out.
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Old 11-19-2013, 07:21 AM
 
Location: Durham
49 posts, read 163,431 times
Reputation: 15
We live in SW Durham and really like the area. I agree with the above - North Durham seems a bit far from shopping. I can't tell you about resell for any schools except for Jordan HS. They're one of the best, but the other HS we're zoned for isn't good - so try for houses zoned for Jordan.
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Old 11-19-2013, 02:43 PM
WDJ
 
286 posts, read 737,954 times
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Quote:
Originally Posted by funkybutt View Post
We live in SW Durham and really like the area. I agree with the above - North Durham seems a bit far from shopping. I can't tell you about resell for any schools except for Jordan HS. They're one of the best, but the other HS we're zoned for isn't good - so try for houses zoned for Jordan.
I agree, SW Durham is pretty good for resale, most of the houses that get listed in my neighborhood that are decent sell quickly. Jordan HS seems to be the HS of choice, which pretty much covers the area between Chapel Hill and Southpoint Mall.
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Old 11-19-2013, 05:37 PM
 
Location: Houston
20 posts, read 35,541 times
Reputation: 10
Which one is your neighborhood WDJ? message me or post here please.
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