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

Reasons You Should Move to Raleigh, NC

Reasons You Should Move to Raleigh, NC

Joseph Coupal - Wednesday, September 20, 2017

Auston Grove, Raleigh, NCIn Raleigh, NC, known as the "City of Oaks," oak trees line the streets and sidewalks, offering pleasant shady spots for window shopping, coffee drinking and patio dining. Traveling east of Raleigh, you’ll find North Carolina’s beautiful coastal regions, and traveling west, you’ll find the scenic Blue Ridge Mountains. Beyond the city's natural beauty and convenient location, there are even more reasons to move to the Raleigh area.

1. Raleigh combines modern, urban living with traditional Southern flair.

Folks often move to Raleigh looking for urban living with a Southern touch. The neighborhoods surrounding downtown Raleigh make it easy for residents to bike to the local farmers market, walk to a new restaurant or bar, or visit the State Capitol Building.

2. There are lots of options for delicious food in Raleigh.

When it comes to good food, the Raleigh region offers many options. Raleigh restaurants are an excellent choice for treating someone special to an evening of exquisite food or joining a crowd for cocktails and apps.

3. Huge First Friday events showcase Raleigh's great galleries, studios and museums.

On the first Friday of every month, local galleries, studios and museums keep their doors open late. Galleries display new artworks, artists talk about their latest creations, and you can find handcrafted gifts for family and friends.

4. Raleigh's neighbors, Durhan and Chapel Hill, are also great places to live and visit.

When it comes to where you live, good neighbors make a big difference. Raleigh has two neighboring cities, Durham and Chapel Hill, and they are both listed among Livability’s Top 100 Best Places to Live.

5. Many Raleigh area's restaurants serve locally grown food.

Local farm-grown ingredients are a specialty, and ever-changing seasonal menus mean there's always something new and delicious to try.

6. Several colleges ensure opportunities for education and a college town culture.

Many folks move to the Raleigh region for educational opportunities. North Carolina State University is the largest four-year university in the state, and it is nationally renowned for programs in engineering, biology and agriculture. Duke University is located in Durham, and it is a prestigious private research institution known for its medical school and medical center. University of North Carolina at Chapel Hill is best known for its programs in business, government, law and public health.

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

#HowYouLive

livability.com


Reasons You Should Rent Your Home

Reasons You Should Rent Your Home

Joseph Coupal - Thursday, September 07, 2017

Auston Grove Apartments in Raleigh, NCMany people have said “What do you think of the idea of me buying a home?” Here is some advice.

There are many reasons to not buy a home:

Financial:

Cash Gone. You have to write a big fat check for a down payment. “But its an investment,” you might say. Historically this isn’t true. Housing returned 0.4% per year from 1890 to 2004. And that’s just housing prices. It forgets all the other stuff mentioned below. Suffice to say, when you write that check, you’re never going to see that money again. Because even when you sell the house later you’re just going to take that money and put it into another down payment. So if you buy a $400,000 home, just say goodbye to $100,000 that you worked hard for.

Closing costs. This is about another 2-3% out the window. Lawyers, title insurance, moving costs, antidepressant medicine. It adds up. 2-3%.

Maintenance. No matter what, you’re going to fix things. Lots of things. In the lifespan of your house, everything is going to break. Thrice. Get down on your hands and knees and fix it! And then open up your checkbook again. Spend some more money. When you rent and the dishwasher doesn’t work, call the landlord and he fixes it.

Taxes. There’s this myth that you can deduct mortgage payment interest from your taxes. Whatever. That’s a microscopic dot on your tax returns. What’s worse is the taxes you pay. So your kids can get a great education. Whatever.

You’re trapped. Let’s spell out very clearly why the myth of homeownership became religion in the United States. It’s because corporations didn’t want their employees to have many job choices. So they encouraged them to own homes. So they can’t move away and get new jobs. Job salaries are a function of supply and demand. If you can’t move, then your supply of jobs is low. You can’t argue the reverse, since new adults are always competing with you.

Ugly. Saying “my house is an investment” forgets the fact that a house has all the qualities of the ugliest type of investment:

Illiquidity. You can’t cash out whenever you want.

High leverage. You have to borrow a lot of money in most cases.

No diversification. For most people, a house is by far the largest part of their portfolio and greatly exceeds the 10% of net worth that any other investment should be.

Personal reasons to not own a house.

Trapped, Some people like to have roots. But others like things to change every once in a while. You can pick up and move anytime when you rent.

Rent. People will argue that the price of the mortgage, maintenance taxes, etc is all baked into the price of rent. Sometimes this is true. But usually not.

Psychology. Look at your personal reasons for wanting to own. Do you feel like you can’t accomplish something in life until you own a house? Do you feel like it’s part of getting married and “Settling down”, i.e. creating a nest for your future children? For you, is it a part of becoming an adult. Is this what your parents taught you? Examine the real reasons you want to own and make sure they are coming from a good spot in your heart.

Your time. Do you really want to spend all that time working on your house? Is this where your time is best spent towards creating a happy and fulfilled life for yourself?

Choices. When you rent you always have the choice to leave. To live wherever in the world you want whenever you want. Adventure becomes a possibility even if you never take advantage of it.

Stress. For some, owning a home equals stress.

Cash is king. If you like cash in the bank and like having access to it, rent. Owning means it is all tied up in one illiquid investment.

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

#HowYouLive

jamesaltucher.com


Raleigh is on 2017 List of Best Places to Live

Raleigh is on 2017 List of Best Places to Live

Joseph Coupal - Wednesday, August 30, 2017

Auston Grove Apartments in Raleigh, NCU.S. News & World Report, the global authority in rankings and consumer advice, unveiled the 2017 Best Places to Live in the United States. The new list ranks the country's 100 largest metropolitan areas based on affordability, job prospects and quality of life.

When considering a move people are concerned about finding a job in their field, earning enough to afford a home, sending their kids to good schools and feeling like a part of their community. The Best Places to Live ranking takes all of that into account – the metro areas that do well are the ones with strong job markets and high quality of life.

The 2017 Best Places to Live were determined in part by a public survey of thousands of individuals across the U.S. to find out what qualities they consider important in a home town. The methodology also factors in data from the United States Census Bureau, the Federal Bureau of Investigation and the Bureau of Labor Statistics, as well as U.S. News rankings of the Best High Schools and Best Hospitals.

#7 in Best Places to Live - Raleigh & Durham, NC

Raleigh, Durham and Chapel Hill are known for their research/technology roots and collegiate rivalries. This tri-city region (known as the Triangle) is luring nearly 80 new residents a day with strong job growth and a high quality of life.

Many people who call the Raleigh and Durham metro areas home are young, friendly, diverse and educated. They enjoy dining out in local restaurants – many of which have earned national accolades – and gathering over craft beers in one of the region's many microbreweries. A strong sense of community is evident, as strangers are quick to provide a friendly conversation when standing in line at the supermarket.

Raleigh, Durham and Chapel Hill also encompass beautiful green spaces, family-friendly museums and a growing art and music scene defined by monthly gallery walks, summer concerts and music festivals like Hopscotch.

Rankings

U.S. News analyzed 100 metro areas in the United States to find the best places to live based on quality of life and the job market in each metro area, as well as the value of living there and people's desire to live there.

Raleigh & Durham ranks as # with an overall score of 7.2 out of 10.

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

#HowYouLive

realestate.usnews.com


Moving To and Living In Raleigh, NC Area

Moving To and Living In Raleigh, NC Area

Joseph Coupal - Wednesday, August 23, 2017

Auston Grove, Raleigh, NCRaleigh’s Magnetic Southern Feel Vibrates from the Coast to the Plains. Thinking about moving to Raleigh Durham?

Living In and Around the Raleigh Durham Area

The Raleigh-Durham metro area is located smack-dab in the center of North Carolina. Its largest and most prominent cities are Raleigh, Durham and Chapel Hill. Also called the Research Triangle, the Raleigh-Durham area is known for its diverse and well-educated population, and it's also home to some of the South's biggest colleges and universities. Raleigh-Durham is also one of the most important financial centers on the entire East Coast, making this a great place to live if you're a student or a young professional.

What’s the Cost of Living in Raleigh Durham Area?

If you're moving to Raleigh-Durham, you'll be happy to know that this region has a surprisingly low cost of living. When combined with average incomes that are several thousand dollars more than in the rest of the United States, living in the Raleigh-Durham area becomes even more advantageous. Just be aware that housing is relatively expensive, especially when you're living in Raleigh's more popular neighborhoods. Expect to spend at least $1,000 a month for a one-bedroom apartment and at least $1,200 for a two-bedroom apartment. Public transportation is sufficient for getting around if you live in Raleigh or Durham, and you can use the GoTriangle bus and rail system to go to most places. But if you're in one of the region's smaller towns, you'll probably want to keep a car.

Living in the Raleigh-Durham Metro Area

Since it's become such a prominent center for various industries, the Raleigh-Durham metro area has been growing every year. This region has also become a cultural mecca, complete with nationally acclaimed restaurants, numerous microbreweries and a burgeoning art scene. All of this combines to make Raleigh-Durham a wonderful place to live in. In fact, U.S News has even ranked Raleigh-Durham the #7 best place to live in the country in 2017. Whether you're moving to Raleigh, Durham or Chapel Hill, you'll be able to enjoy numerous parks, museums, art exhibits and music festivals without going very far at all.

Jobs & Employment in the Raleigh-Durham Metro Area

Recently, the Raleigh-Durham region has been thriving. The unemployment rate is less than 5 percent, which is slightly below the U.S. average. Plus, many employers have been flocking here in recent years, and the biggest industries are related to management, sales and administration. This region also has a relatively high amount of jobs relating to the computer and mathematical industries. So if you're moving to Raleigh to find a job, you'll be able to look into a vast array of various industries.

About Raleigh

Raleigh is one of the most prosperous cities in the country. This isn't only a great place to find work; it's also filled with fun things to do. While this urban metropolis has numerous attractions that you can visit all the time, it also hosts numerous festivals throughout the year. If you love seeing huge art exhibits, check out Artsplosure in the spring and Sparkcon in the fall. You can also get tickets for Shakori Hills Grassroots Festival or MerleFest if you're a fan of live music.

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

#HowYouLive

forrent.com


North Carolina: Retire like a Vanderbilt for Less

North Carolina: Retire like a Vanderbilt for Less

Joseph Coupal - Wednesday, August 16, 2017

Auston Grove, Raleigh, NCBack in 1895, the breathtaking Blue Ridge Mountains, a comfortable climate and low land prices inspired the Vanderbilts to buy up 125,000 acres of North Carolina wilderness and build the Biltmore House, the largest estate in the U.S. The same factors that attracted this wealthy family continue to make North Carolina popular among retirees and second-home buyers today.

But the Tar Heel State offers a little bit of everything, geographically and culturally. Retirees who prefer to live by the sea can find 300 miles of barrier island beaches, two national seashores and idyllic villages in the state’s eastern region.

North Carolina also has some great college towns, including Chapel Hill, Davidson, and Durham. And dynamic city living can be found in fast-growing Charlotte, which has been undergoing a restaurant renaissance, and the Raleigh-Durham-Chapel Hill-Cary vicinity, dubbed the “Research Triangle” due to its high density of high tech companies.

For anyone on a fixed budget, living costs in North Carolina can be fairly friendly. Overall, the state is 3.7% cheaper than the national average. State income taxes are also to 5.8% flat tax.

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

#HowYouLive

marketwatch.com


Should You Rent or Own in Retirement? Probably Rent

Should You Rent or Own in Retirement? Probably Rent

Joseph Coupal - Thursday, August 10, 2017

Auston Grove, Raleigh, NCThere are lots of good reasons to own a home, both as a working adult and as a retiree.

But despite these perks, a growing number of older Americans are choosing to forgo homeownership in favor of renting instead. A recent study by Credit Sesame found that 33% of baby boomers and 46% of seniors 65 and over are making a conscious decision to rent, even though they can afford the latter option. It therefore raises the question: Is homeownership later in life such a good idea after all?

Renting in retirement has its benefits

The motivation to rent in retirement when you can otherwise afford to buy typically boils down to one thing: locking in your costs. Most retirees live off a fixed income, so it stands to reason that the more fixed costs they're able to work with, the better. And while many retirement expenses come with their fair share of variables, there's perhaps no more volatile a budget-buster than owned property.

While it's true that your mortgage payment can't go up in retirement (assuming, of course, that you have a fixed loan, and not a variable one), that's just one piece of the homeownership puzzle -- and it's your peripheral costs that are likely to climb. Take property taxes, which, in some parts of the country, can equal or even exceed one's mortgage payment itself. Even during periods when home values drop, property taxes still have a tendency to rise. In 2000, U.S. homeowners paid an estimated $247 billion in real estate taxes, but by 2010, that figure climbed $476 billion. Of course, the housing market had by no means recovered by 2010, but that didn't matter -- homeowners were still on the hook for higher taxes.

Then there's maintenance to consider. The average homeowner spends anywhere from 1% to 4% of his or her home's value on annual upkeep. Now if you happen to buy a new home in retirement, you can probably keep your maintenance costs to the lower end of that range. But if you're hanging onto a house you've been living in for years, chances are you'll be facing the higher end. For a $400,000 property, that's $16,000 a year on maintenance alone.

Regular upkeep aside, when you own a home, there's always the possibility of a major appliance going bad, or a significant repair popping up when you least expect it. If you're on a tight budget, which many retirees are, and you're suddenly forced to shell out $10,000 to replace a faulty roof, the financial impact could be downright catastrophic.

That's why in many cases, you're better off renting in retirement than owning. Yes, you will have to accept the fact that your rent will probably go up year after year, but if you sign a multi-year lease, you can mitigate this risk. And if your rent does go up to the point where you no longer feel it's affordable, there's always the option to pick up and move. Will that be easy? No. But it's an option nonetheless -- whereas ignoring a capsizing roof is not.

Again, there are benefits to owning a home in retirement that make it a viable option as well. On top of the aforementioned tax breaks, your home can serve as a source of equity, whether via a loan or a reverse mortgage . But if your savings are limited and you're worried about money, renting a home may be the better choice for your senior years. This way, you'll get a roof over your head, without the financial obligation to be the one to fix it.

For more information on renting an apartment in Raleigh, NC during retirement, contact Auston Grove.

#HowYouLive

foxbusiness.com


Retire to This Great Small City: Raleigh, NC

Retire to This Great Small City: Raleigh, NC

Joseph Coupal - Wednesday, August 02, 2017

Auston Grove, Raleigh, NCDoes the thought of retiring to a sleepy beach town or country hamlet bore you silly? Spending your post-work years in a city has plenty of perks, including easy access to the arts, cutting-edge health care, and a diverse set of neighbors. That said, the cons of urban living (like cost) can be daunting. There is a happy medium. We set out to find places that won’t ding your nest egg with high taxes and nosebleed prices, yet still have great attractions and plenty of your peers. Read on for five affordable small cities (populations of 150,000 to 500,000) you may one day want to call home.

Raleigh, North Carolina

  • Population: 431,700
  • Population 62 and over: 11.3%
  • Median home price: $210,000
  • Cost of living index: 92.3

TAXES

Like all the states in this story, North ­Carolina does not tax Social Security benefits. The state has no inheritance or estate tax.

  • Income tax: 5.8% flat
  • Sales tax: 6.75% (combined state and local)
  • Median property tax: $1,800

WHY IT STANDS OUT

This state capital’s thriving economy and proximity to top universities have long made it a prime relocation destination. And ­recently more of those new ­faces have had a few wrinkles: from 2000 to 2010 the city’s population of 55- to 64-year-olds shot up by 97%, according to the Brookings Institution. It’s not hard to see the draw: Raleigh provides a big-city feel with a low cost of living; mild, four-season weather; and, thanks to all those medical schools, world-class health care.

WHAT TO DO

  • Food: The city has a diverse restaurant scene, with everything from Afghan cuisine to Southern barbecue.
  • Music: The 5,000-seat Red Hat Amphitheater hosts the big acts, while the opera and symphony perform at the Duke Energy ­Center for the Performing Arts. Art: A range of work is on display in galleries, public spaces, and parks. Or take in the 30 Rodin sculptures at the North Carolina Museum of Art.
  • Education: North Carolina State University’s lifelong-learning program offers affordable courses and study trips on topics including American poetry, digital photography skills and Civil War history.

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

#HowYouLive

Money


It’s Cheaper to Rent in Raleigh, North Carolina

It’s Cheaper to Rent in Raleigh, North Carolina

Joseph Coupal - Tuesday, July 25, 2017

Auston Grove, Raleigh, NCTraditionally, owning a home is touted as a smarter financial move than renting one. But with demand increasing and the supply of houses for sale falling, home prices have been rising nationally, according to real estate marketplace Zillow. So, you might be wondering: Is it better to rent or buy a home?

To find out where it makes more sense to rent or buy a home, GOBankingRates surveyed the cost of renting versus owning a home in all 50 states and the District of Columbia. Since conducting a similar survey in 2016, we found that the number of places where it’s more expensive to own than rent has increased from nine to 11 — this includes a few states where the price difference is minimal.

For this year's study, we looked at the estimated rent price for all homes listed on Zillow. We also calculated the estimated monthly mortgage to own a home in each state, based on the median list price of homes listed on Zillow, a 20 percent down payment and a 30-year fixed-rate loan.

8. North Carolina

Buying vs. Renting a Home in North Carolina

  • Monthly rent in North Carolina: $1,157
  • Monthly mortgage in North Carolina: $1,233
  • Should you rent or buy: Rent

In 2016, it was more expensive to rent than own a home in North Carolina. But now, it costs $76 more to own than rent, likely due to a sharp rise in home prices. The median home list price jumped from $226,750 in May 2016 to $249,000 in May 2017, according to Zillow data.

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

#HowYouLive

gobankingrates.com


Buying a Home May Not Be for You

Buying a Home May Not Be for You

Joseph Coupal - Friday, July 21, 2017

Auston Grove, Raleigh, NCThe reality is that home ownership isn’t for everyone. Even if it’s right for you eventually, it might not be right for you right now. There are a few factors that should serve as a warning against taking the leap into homeownership.

Don’t buy a home if…

You aren’t planning to stay

Whether your job situation is a bit uncertain, you’re in a relationship you’re not sure will last, or you’re longing to make a move to another city sometime soon, renting is your best bet. That’s because home values tend to fluctuate throughout the year and from year to year. If you are forced to move out in the near future, you may suffer a loss on the sale of your home. Most experts recommend that unless you can stay put for at least five years, you’re better off renting. It’ll take at least that long to make up the costs associated with a home purchase.

You don’t have a down payment

It’s not a good idea to buy a home without a downpayment. The simplest reason is that foregoing a down payment costs you a lot more over the life of the loan. The more money you borrow to buy your house, the more interest you pay. Having a down payment protects you from going underwater on your loan, or owing more than the house is worth. This can happen when you buy without a down payment and then home values drop.

You aren’t a saver

If you find saving for a down payment challenging, that may be a sign that you aren’t ready to own your own home. When you’re a renter, all you have to worry about is covering your rent. Once you’ve done that, the rest is up to your landlord.

When you own your home, the responsibility is all yours. So, if you get a leaky roof or a broken water pipe, you will have to pay to fix it. If you have a hard time saving, you’ll lack the cash to take care of all the expensive repairs you will face as a homeowner. If you’re already living paycheck to paycheck, the ongoing financial responsibility of owning a home is likely to land you in debt.

For more information on renting an apartment in Raleigh, NC, contact Auston Grove Apartments.

#HowYouLive

BusinessDayonline.com


Reasons To Move To Raleigh, NC

Reasons To Move To Raleigh, NC

Joseph Coupal - Thursday, July 13, 2017

Auston Grove, Raleigh, NCThose who live in North Carolina know it is the best place in the world to live! From our stunning natural beauty to our incredible man-made wonders, we’re lucky to call the Tar Heel State ‘home.’ While some prefer to live in one of the state’s picturesque small towns, others love the vibe of a bigger city. If you like an urban atmosphere that offers plenty of green space and a lot of opportunity, you should drop everything and move to Raleigh. Here’s why.

1. Our capital city is a pretty fabulous place to live.

With around 450,000 residents, it's just the right size - large enough to offer all the many amenities of a big city, but small enough to maintain a low crime rate, plenty of green space and more of a "hometown" feeling than a city with millions.

2. Raleigh is the third best city in the country for young families.

We think it's actually the BEST city for young families, but the site Value Penguin ranked us third in the nation based on 16 criteria. Raleigh is a great place when it comes to outdoor recreation, housing, safety and the availability of healthcare.

3. Raleigh is a top moving destination.

United Van Lines ranked Raleigh fifth in the nation for the number of moves into the city. With neighborhoods like this, it's easy to see why people want to move here.

4. Did we mention Raleigh's undeniable beauty?

We might be biased, but we can't help but think that Raleigh easily qualifies as one of the prettiest cities anywhere.

5. Indeed.com says that Raleigh is the second easiest city in the country to find a job.

If you need a job, Raleigh is your place! Our city came in second in the nation, right behind San Jose, CA. That ranking was based on the number of available job listings.

6. Looking for a tech job? Raleigh is the perfect place.

The New York Times notes that the number of tech jobs in Raleigh increased over 38 percent between 2010 and 2015. It's the second-highest increase in the country, right after San Francisco. Coders and techies are happy here indeed.

7. We have some of the coolest museums, hands down.

Sure, lots of cities have a Natural Science Museum, but does theirs look this awesome?

8. Money Magazine named Raleigh the "Best Big City in the Southeast."

Raleigh made the list because of its parks and green spaces, housing, low crime and excellent schools. Money Magazine also pointed out that the many transportation options in the city make it easy to get from here to there.

9. Forbes ranks Raleigh 3rd in the nation for young professionals.

If you're just getting your career started, Raleigh is perfect. You'll enjoy low unemployment, good pay and excellent growth opportunities here. And, you'll find a thriving social scene with lots of other people your age who are starting their careers, too.

10. If you've served our country, Raleigh is one of your best choices.

WalletHub.com pulled data from 100 U.S. cities to find out which are the best for veterans, and Raleigh ranked 8th. Factors included access to medical care, number of jobs related to military skills, economic wellness and educational opportunities for those returning from deployment. Raleigh loves our veterans, and is proud to offer plenty of opportunities for them when they return from overseas.

These are just 10 reasons to love living in Raleigh – we’re sure you can come up with more! For more information on apartments in Raleigh, NC contact Auston Grove.

#HowYouLive

onlyinyourstate.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