Auston Grove Apartments

1160 Auston Grove Drive, Raleigh, NC 27610
Call: 833-779-8856 Email UsAustonGrove.PropertySite.HHHunt@aptleasing.info View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$800-$1250

Apartments Raleigh NC Blog

Why College Towns are Great Places to Live – Apartments in Raleigh, NC

Why College Towns are Great Places to Live – Apartments in Raleigh, NC

Joseph Coupal - Tuesday, August 30, 2016

For some, it’s the roar of the crowd as the home team scores a touchdown on Saturdays. For others, it’s the quiet, tree-lined sidewalks on the quad or the ability to meet new people at different events at any hour of the day.

Even if it’s not home to your own alma mater, college towns and cities throughout the U.S. offer a high concentration of opportunities packed into a small area. Whether it’s the academics, food options, theater or business opportunities, life in a college town is not just great for the students, it's beneficial for full-time residents as well.

The attention college town areas receive, combined with the regular influx of new students and faculty from other parts of the country, contribute to the appeal to potential residents who may or may not be associated with the school itself.

There is a global perspective, and this intellectual base and diversity that the average small town wouldn’t get otherwise.

But some of the most loved college towns for residents and students alike have factors outside the academic institution that contribute to the economy and cultural variety of the area.

The metro area usually hosts large companies which serve as major local employers and also attract related businesses to the region.

Durham, North Carolina, is home to Duke University, one of the anchors of the “Research Triangle,” a hub for health and tech companies that benefit from close proximity to Duke, the University of North Carolina–Chapel Hill and North Carolina State University in nearby Raleigh. While the surrounding universities contribute to the the area's overall prosperity, Durham and its neighboring cities also benefit from many entrepreneurs outside the institutions.

“Duke hasn’t brought in the restaurants and all the activities, but Duke has helped support all the new restaurants and activities,” Austin says.

The college hasn’t brought in the restaurants and all the activities, but the college has helped support all the new restaurants and activities.

When college towns flourish outside campus grounds, the community gets even stronger, as students find work after graduating and become locals themselves.

A lot of times, students graduate and end up staying. Their families come and visit them for the four years while they’re in school, and a lot of parents of students who end up packing up their lives and relocating later because college towns are great towns for so many other reasons.

Whether you’re moving to a new town or city for the proximity to its school or other reasons, here are a few tips to help you navigate real estate in a college town.

Expect a tight real estate market. Because a portion of residential real estate in college towns is often taken up by off-campus student housing, there will likely be a lower inventory of homes than it may seem at first. Real estate markets across the country are experiencing low inventory for single-family home sales, and this is even more likely near a college.

Off-campus student housing absorbs some of the stuff that would be sold to young families.

Inquire about the atmosphere during all seasons. Many college towns based exclusively around the local college or university will see a big drop in population once summer hits, leaving what may seem like a ghost town until fall classes begin.

But not all college towns are the same. Boulder’s proximity to the Rocky Mountains and other outdoor attractions bring a whole new group of people to the city during the summer months while the majority of students are gone.

What happens in the summertime is the students go home but the tourists come in.

Before you relocate to a college town, ask locals how the city is influenced by the academic calendar.

Prepare for Welcome Week. Even if the town doesn’t experience a significant decrease in activity during the summer, be ready for the influx of students, parents and siblings for those few weeks when students are moving in at the start of the fall classes.

Whether it means avoiding your local Target or Bed Bath & Beyond for a couple weeks in the early fall or taking your summer vacation to coincide with the nearby college's start date, preparation is key to avoiding any potential downsides to the newly refreshed student population. It's also worth keeping graduation weekend and homecoming in mind as busier times in the community.

Learn to love the school. To make life in a college town easier, it might help to let yourself become a fan – though that may be easier said than done if you’re a diehard University of Michigan fan living in Columbus, Ohio, home of the Ohio State University Buckeyes.

Even if you’re not supporting the sports teams, accepting the student population itself can make you dread three-quarters of the year a little less.

Local residents should follow the school's events calendar to take advantage of activities open to the public, from student theater productions to cultural food expositions.

For more information on apartments in Raleigh, NC contact Auston Grove.

#HowYouLive
US News – Real Estate


The 20 Best Places to Live in the U.S. – Raleigh, NC

The 20 Best Places to Live in the U.S. – Raleigh, NC

Joseph Coupal - Wednesday, August 24, 2016

Americans will move across the country for just about anything - be it a job, to be closer to a loved one, or just to get a little more sun. While the initial reason for a move to a new city will vary from person to person, the location's job market, affordability and overall quality of life are a few of the characteristics to consider before the movers are called. The 2016 U.S. News Best Places to Live rankings examine ta variety of factors, from job market to quality of life, that ultimately determine which of the country’s largest metro areas would be more suitable for more people.

#4 Raleigh-Durham

Thanks to the likes of Duke University's nationally and regionally ranked health system, the Raleigh-Durham metro area has exceptional health care quality and availability. In addition to Duke, North Carolina State University, University of North Carolina-Chapel Hill and more than a dozen other colleges in the area make it a hub for academics and college-age residents, helping earn the area its title as the Research Triangle. Raleigh-Durham also has the second highest population growth from net migration of those cities in the top 10.

For more information on apartments in Raleigh, NC, contact Auston Grove.

#HowYouLive
US News - Real Estate


Median Home Prices in Raleigh High than Nation

Median Home Prices in Raleigh High than Nation

Joseph Coupal - Wednesday, August 17, 2016

The Triangle's median home prices experienced increases from last year, beating the nation's median home prices, which reached a new all-time high in June 2016, according to new data.

The United States' median home prices are 1 percent above the previous peak in July 2005, following 52 consecutive months of increases, according to the data released by ATTOM Data Solutions, the new parent company of RealtyTrac. Single-family homes and condos across the nation sold for a median price of $231,000 in June 2016, up 6 percent from May and 9 percent from a year ago.

Raleigh had median home prices higher than the national median price in June, at $240,000, up 4 percent from $230,000 from last year. In Durham and Chapel Hill, the median home sales price was even higher at $307,000, with 277 counted sales.

Daren Blomquist, senior vice president of ATTOM Data Solutions, said the all-time high home prices nationwide are being enabled by historically low mortgage rates. “It is likely that some of the most interest rate sensitive local markets will see home price appreciation knocked down when the low rate rug is finally pulled out from under the housing recovery,” he said. “We are seeing signs of weakening appreciation in many bellwether markets already in spite of the rock-bottom rates.”

Raleigh home sellers experienced gains in June 2016, with average seller gains of $41,915 in June 2016, up 35.6 percent from $27,000 in June 2015. Homeowners in Durham and Chapel Hill also made profit as the average seller gain was $31,000 in June 2016, up 138.5 percent from $13,000 in June 2015.

According to CoreLogic, a California-based corporation providing financial, property and consumer information, cash sales accounted for 32 percent of all home sales in April 2016, down 2.8 percentage points year-over-year. Prior to the housing crisis, cash sales share of total home sales averaged approximately 25 percent. CoreLogic predicts that if the cash sales share continues to fall at the same rate it did in April 2016, the share will hit 25 percent by the middle of 2018.

Cash sales in Raleigh were up for the month of April, with a 1 percentage point increase compared to April 2015 and higher than the national rate. In North Carolina, cash sales were 23 percent of total sales.

For more information on apartments in Raleigh, NC, contact Auston Grove.

#HowYouLive
bizjournals.com


Renting Versus Buying: Which One Is Better? – Raleigh, NC

Renting Versus Buying: Which One Is Better? – Raleigh, NC

Joseph Coupal - Friday, August 12, 2016

When it comes to the debate over whether it’s best to buy a home or rent one, both sides can make a compelling case. The truth is that this isn’t a “one-size-fits-all” discussion. The decision to buy or rent is very personal, and depends entirely on the individual. If you’re stuck in the middle and trying to figure out your next step, here are a few of the benefits that each choice offers.

The Benefits of Owning a Home

It could be a good investment. While the real estate market fluctuates in the short-term, the value of your home will most likely rise over time. This means that when you buy a house, it will become more valuable the longer you live in it. When you’re ready to move out and move on, you’re almost guaranteed some kind of return on your investment. Obviously, the longer you are able to stay in your home the better.

You’ll enjoy tax-deduction benefits. There are many tax deductions that apply to homeowners. You can deduct the mortgage interest from your tax obligations. And each year, you can deduct your annual property tax. These fees are fully deductible for income tax purposes.

You can create the home want.  When you own your home, you are free to create the living space that makes the most sense for your lifestyle and brings you the most satisfaction. You can replace appliances on your own schedule. Want to cut down a tree, pull up the carpet, or knock down a wall? When you’re paying the mortgage, you get to make those decisions. However, all of this also takes money.

The Benefits of Renting a Home

You have more freedom. When you’re renting, you can move whenever you want, within reason. If you get an amazing job offer three states away, you can accept it. If the city installs a brand new set of train tracks inches from your bedroom wall, you can sleep soundly knowing a new rental is right around the corner. If your career is still young or you haven’t settled into a long-term relationship yet, renting can offer more flexibility. In many cases, freedom can be the most valuable commodity out there.

You can call the landlord when something goes wrong. Do you know how to fix a leaking water heater? How much you’ll spend on a new roof? What the property taxes are in your state? While renting can be more expensive on a monthly basis, the extra money you pay means you don’t have to be the one who worries about getting things fixed, repaired, or replaced. Part of your rent pays for peace of mind, and that can be priceless.

You can’t afford a house yet.  Despite its many benefits, buying a home is a big responsibility and not something you want to rush into. If you can’t afford a house right now, there’s no shame in renting for a few years, saving up your money, and figuring out exactly where you want to live and what kind of house you want to buy down the road. If you haven’t taken those steps yet, then buying a house isn’t for you. Instead, enjoy your freedom and work hard so that one day, your dream home can be yours – no strings attached.

For more information on apartments in Raleigh, NC contact Auston Grove.

#HowYouLive
wilmingtonbiz.com


Raleigh, NC is #14 Most Charming Capital City

Raleigh, NC is #14 Most Charming Capital City

Joseph Coupal - Wednesday, August 03, 2016

There is little that is more charming than the feeling of the history of the past and the excitement of history in the making. For these reasons, our state capitals always have a special appeal that draws in the attention and pride of their entire state.

While every state capital has its share of charm, we were curious which one was the most charming. Using our Charm Index, we analyzed the charm scores of the capital cities of every continental state and threw Washington D.C. onto the list for good measure.

The Charm Index scores how charming streets and neighborhoods are using data on:

  • •The affordability of local businesses
  • •The ratings of nearby businesses
  • •Are they locally-owned? - are they corporate chains or local boutiques?
  • •How active the residence is and the density of nearby gyms, bike tracks, parks, etc.
  • •Crime statistics

The Charm Index stems from the belief that a charming neighborhood is created from flourishing local business combined with a residence that feels safe, is active, and has many opportunities to interact with other residents. Local shops such as bookstores, theatres, and restaurants that receive high ratings by residents tend to create very charming atmospheres, call us crazy. Meanwhile, neighborhoods that are not as charming have a higher percentage of chain stores, pawn shops, strip clubs, credit loan stores, crime, and do not have access to community institutions such as parks, town halls and flea markets.

Using the charm scores of every street for every capital, we found the overall charm score for each. Those that ranked highest received high charm scores across their entire city while those that ranked lowest had much fewer charming pockets. However, every city has its own pockets of charm, so we included information on which street and neighborhood is the most charming in each city.

How did your state capital fare?

#14: Raleigh, NC with a charm index of 72.82. The most charming street is Halifax Street.

For more information on renting apartments in Raleigh, NC contact Auston Grove.

#HowYouLive

rentlingo.com



Auston Grove Apartments

1160 Auston Grove Drive, Raleigh, NC 27610

Call: 833-779-8856
Email UsAustonGrove.PropertySite.HHHunt@aptleasing.info
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$800-$1250