They say that this is a great time to buy a home. Unless you don’t want to buy one.
Luxury apartment homes are social networks and great communities, with high-end apartment amenities, in great locations that many cannot afford in homes they own.
Auston Grove luxury apartments in Raleigh that offer amenities to lure young North Carolinians who are not interested in or not ready to invest in a home.
With resident socials, pools, state-of-the-art fitness centers, billiards, and parking, many can’t get that when thinking about buying a home.
With no condo fees, no service fees, and no neighborhood allowances, apartments in Raleigh, NC owned by HHHunt are a perfect choice for those who would prefer to live luxuriously, and have fun in their down time in a community that is worth every cent.
Many renters appreciate that rent is stable and there are no fees that sometimes creep up on homeowners.
Now, luxury rentals that offer a wide range of services have caught the attention of some locals who would rather live an effortless lifestyle than own a home, which they no longer see as a profitable asset, even though home prices are low and supply is high.
"I think for a period of time, young people thought of housing as an investment but so many people got burned on it being an investment so they're thinking about shelter. They're thinking, 'What do I want for shelter?'" said Susanne Cannon, chairwoman of DePaul's department of real estate.
A core demographic of renters now is the affluent, young professional. A lot of people are a somewhat disillusioned with the prospect of owning a home and don't see it as the surefire investment it once was. Many don’t see it as attractive to be tied down to a home for a few years.
For information in renting in Raleigh, NC, contact Auston Grove Apartments.
Excerpts – RedEye