Sunday, August 23, 2009

Morrisville, North Carolina bucks the trend in Real Estate.

Morrisville, North Carolina bucks the trend in Real Estate

Morrisville, North Carolina a town of approximately 15,000 bucks the trend in real estate at least when it comes to building permits.

From January to June 150 new home permits (you remember them) were issued, an increase from 126 for the previous year.

Morrisville is in central North Carolina about equal distance from Raleigh and Durham. It is located right beside Research Triangle Park and Raleigh-Durham International Airport. These facts and the access to major highways make it attractive to homeowners and business's alike.
Homes in Morrisville range in price from the low $200's all the way up to 2.5 mil.

Archer Lodge, North Carolina set to become a Town.

Archer Lodge, North Carolina set to become a Town.

The community of Archer Lodge in North Carolina is one step away from incorporating. Voters will decide on November 3rd whether they would like to live in the town of Archer Lodge or not. If approved the town would cover approximately nine square miles and have about 3000 residents.
The property owners of Archer Lodge would face an 8-cent tax per $100 value of their property, roughly $80 on a house valued at $100,000. Services likely would include police protection, water and land use planning and zoning and of course fire protection which is in the very capable hands of The Archer Lodge Fire Department.





With the larger towns of Clayton and Wendell, some residents saw the writing on the wall as these towns pushed their extraterritorial jurisdiction closer and closer and eventually the community could be swallowed up by the growth.



Archer Lodge is approximately 30 minutes from downtown Raleigh and about 40 minutes from Raleigh Durham International Airport. It is made up of farmland and small subdivisions. The new Archer Lodge Middle school was just recently built.It has a great community center which organizes all sorts of activities for local school children, soccer, t-ball, baseball, etc.
It also has the best Fourth of July celebration with a great parade and fireworks, which draws people from all over to watch.




Maybe now people will stop calling it Archers Lodge



So what do you think? Town or no Town, send me an e-mail and let me know.