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.

odohertyd@hpw.com

Southwick Farm Subdivision in Clayton NC

Southwick Farm Subdivision in Clayton NC
Southwick Farm Subdivision in Clayton NC is a wonderful subdivision of homes 10 minutes from downtown Clayton and thirty minutes from Raleigh.

Homes are priced from the mid $140's up to the lower $200's, there are ranch style homes and traditional two stories, some homes have two car garages while others have gravel driveways. The lots are mostly an acre and bigger with the majority being wooded lots. There is a homeowners association being formed as this post is being written. The local schools because of the growth of the area can change but if you need information contact Johnston county schools at Johnston County Schools, or send me an e-mail at odohertyd@hpw.com

There are a number of pools and fitness clubs nearby, namelyThe Pineville Club and Vinson Ridge Racquet and Fitness Club and Riverwood Athletic Club. There are lots of softball,baseball, t-ball, football and soccer clubs in the area, not to mention scouts, cheerleading etc. etc.

Sale prices of homes peaked in 2007 (what else is new!), dipped in 2008 and year to date in 2009 show a further decline however there are a number of homes pending and listed at time of writing and they might pull the figures upward.

Jobs coming to Cary NC and the surrounding area.

There are jobs coming to Cary NC and the surrounding area. There has been been some good news on the job front here in the Triangle area of North Carolina. The big news is that financial services giantDeutsche Bank is planning to move to the Triangle and possible create 300 jobs paying an average salary of $88,213.

The Research Triangle area already has a large workforce of highly skilled IT and technology professionals.
The bank looked at other areas of the country including Maryland but decided that the Research Triangle area in Cary had the most to offer. Cary has received many awards over the years as one of the best places to live and work in America.

Fidelity is building in Research Triangle Park and Credit Suisse employs about 800 there. They are creating next generation software for the banking industry.

Meanwhile Johnston County Schools have 75 open positions that include teachers, teachers assistants, bus drivers and custodians, although some of the positions are in limbo because of an order from the Governor that says they can only fill positions that directly affect the classroom. The website to get some more information is http://www.johnston.k12.nc.us/

Also of note is Johnston Health will be opening their new medical center in Clayton in September.

Wyndfall Subdivision, Clayton NC Home Sales Statistics

Wyndfall Subdivision, Clayton NC Home Sales Statistics

Home statistics for Wyndfall Subdivision in Clayton, North Carolina. While homes in the subdivision have fluctuated with the peak in 2005 and a rise in 2007 the sales price has risen year after year. The average sale price in 2005 was $119,015 while the average sales price in 2008 was $139,128 and 2009 year to date the average sales price is $140,167.

307 Wyndfall lane NC sold in 2008 for $147,451 and sold again in 2009 for $151,000 however as with all of these figures you have to keep in mind that closing costs may have been paid by the seller and may not be reflected in the sale price.

These figures come from the Triangle MLS.

If you have any questions about these stats or would like to get some more information about this neighborhood or any other neighborhood in Clayton, please send me an e-mail to odohertyd@hpw.com or visit my website.

Davidorealtor.com

15,000 graduated from college in the greater Triangle area this year.

15,000 graduated from college in the greater Triangle area this year.

Yes it's true, great schools like NC State, UNC at Chapel Hill, Duke, Meredith, Shaw, Campbell, graduated approx 15,000 students this year. Graduates in medicine, engineering, textiles, science, nursing, law, veterinary medicine, business, art, education, agriculture and so many more.

OK so lets get the negative stuff out of the way. They are straddled with debt! There aren't any jobs for them...Please! They can't afford to buy a house! They are adding to the jobless ranks!

On the plus side close to 15,000 students graduated from college and are about to make there way into the working world where they will get jobs, they will pay off their student loans and they will spend money. They might not buy a house but they will buy beer, clothes, cars, food, flat screen TVs, furniture, kayaks, etc. So we'll just have to sell houses to the people who make beer, cook food, and design furniture.

Now I'm not naive enough to think that everything is just fine out there but some perspective is called for. It can't be all doom and gloom other wise it will always be doom and gloom.

So with 15,000 new workers out there I asked myself, would now be a good time for somebody to buy a house?

Here in Johnston County, North Carolina the whole county qualifies for 100% financing through the USDA program, couple that with the $8000 in tax credit and low interest rates... there probably has never been a better time. Now if you fear for your job then all of this means nothing, but will things turn around and the economy start humming again, come December the tax credit's gone, interest rates are up and maybe you'll have to put some money down on that house.

I'm just saying!

Clayton NC homes for sale under $165,000 with 100% financing

Clayton NC homes for sale under $165,000 with 100% financing

Clayton North Carolina has a variety of homes in all price ranges in all types of communities. From ranch style homes on acre lots to luxury homes in gated communities. Clayton has great schools, good infrastructure, access to Raleigh, Durham, the mountains and the beach.

Clayton sits in Johnston County which the USDA has deemed eligably for 100% no money down financing for homes. Couple that with the $8000 tax credit for first time homebuyers and low interset rates and ou have he making of a good deal.

Clayton is about to get a new hospital when the beautiful new Johnston Health opens on Hwy 42. Clayton has many of the big stores we are all used to and some you have not heard of.

More to come about Clayton soon

Check out our website

http://www.davidorealtor.com/

Over an Acre in Raleigh for under $100000

Over an Acre in Raleigh for under $100000

This is a unique property located in Raleigh, North Carolina. It is actually the lot the house sits on, and the two adjoining lots. The property is being sold as is, but most of the big stuff is done already. New carpets, new heat pump/ac unit and it's a big one! New windows. some of the painting has been done, so finish the paint, install the appliances and you have a great rental property or, move in, do the necessary finishing touches, like the fence which the posts have been installed for, and you have the makings of a great home.

It is believed that one lot will perk for another home, so there is potential there, the middle lot will not. If you are looking for some land and trees and privacy and you are hands on, then come and check this gem out. Property backs up to land that was to be developed into a golf course.

The house and lots are listed for $89,900, it features three bedrooms, one bathroom, large eat in kitchen, big livingroom.