Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > North Carolina > Raleigh, Durham, Chapel Hill, Cary
 [Register]
Raleigh, Durham, Chapel Hill, Cary The Triangle Area
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 03-12-2008, 04:09 PM
 
187 posts, read 803,376 times
Reputation: 229

Advertisements

I drove through the neighborhood Highland Oaks today in Cary & noticed many houses for sale. Does anyone know why??? The neighborhood is very new maybe 12-18 months old and it does not have that many houses to begin with. I know that construction is finished there but why would so many want to sell their homes having only lived their for a year. Anyone know why??
Reply With Quote Quick reply to this message

 
Old 03-12-2008, 06:01 PM
 
Location: Beautiful NC
132 posts, read 445,836 times
Reputation: 59
Haven't heard good things about Pulte Homes' customer satisfaction.

Check out a thread "Where's everyone moving to?"
Reply With Quote Quick reply to this message
 
Old 03-12-2008, 06:04 PM
 
9,680 posts, read 27,159,963 times
Reputation: 4167
I visited a Pulte townhome community on Litchford Rd. Good Lord! What abject garbage.
Reply With Quote Quick reply to this message
 
Old 03-12-2008, 06:39 PM
 
Location: Wake Forest
932 posts, read 1,273,227 times
Reputation: 326
We looked at a rather nice home in Highland Oaks, and decided the homes were closer than we could really be happy with. This was maybe a month (or more?) ago, and I didn't notice that many for sale in there (but then, I really wasn't looking).

Not sure why so many (how many is a lot?) are up for sale. Seems there are usually at least a few in every neighborhood
Reply With Quote Quick reply to this message
 
Old 03-12-2008, 07:12 PM
 
Location: Cary, NC
43,269 posts, read 77,073,002 times
Reputation: 45617
Highland Oaks is about 90 homes and only 5 are currently for sale on the MLS, with one more "Pending."

It just doesn't seem like a mass exodus to me.
Reply With Quote Quick reply to this message
 
Old 03-13-2008, 06:52 AM
 
1,886 posts, read 4,814,733 times
Reputation: 2904
I only see 2 listed this morning. One @ 535K and one @ 695K.
I stand by my earlier comments that north of $500K I would immediately rule out Pulte. Highland Oaks has location in SPADES but I'd rather be west of NC55 in a home by a local custom builder at that kind of price point. I'd gladly give up a little square footage in exchange for quality and service.
Reply With Quote Quick reply to this message
 
Old 03-13-2008, 07:10 AM
 
Location: Cary, NC
43,269 posts, read 77,073,002 times
Reputation: 45617
Quote:
Originally Posted by Funky Chicken View Post
I only see 2 listed this morning. One @ 535K and one @ 695K.
I stand by my earlier comments that north of $500K I would immediately rule out Pulte. Highland Oaks has location in SPADES but I'd rather be west of NC55 in a home by a local custom builder at that kind of price point. I'd gladly give up a little square footage in exchange for quality and service.
Again, 5 active today. FWIW:

$535,000
$563,800
$615,000
$695,000
$719,900

2? 5? Whatever?

Neither is a huge number in a subdivision of 90 in a community where people transfer in and out regularly.
Reply With Quote Quick reply to this message
 
Old 03-13-2008, 07:18 AM
 
187 posts, read 803,376 times
Reputation: 229
You may not think it is a huge number for a community of 90 homes but it is a huge number considering the community is only 1-2 year old. Basically the people listed have only been living in their homes for 12-18 months or under. Why are they moving out so quickly??
Reply With Quote Quick reply to this message
 
Old 03-13-2008, 07:22 AM
 
Location: Wake Forest
932 posts, read 1,273,227 times
Reputation: 326
Quote:
Originally Posted by dianeh View Post
You may not think it is a huge number for a community of 90 homes but it is a huge number considering the community is only 1-2 year old. Basically the people listed have only been living in their homes for 12-18 months or under. Why are they moving out so quickly??
jobs change, needs change, finances change

variety of reasons- just as in any neighborhood, regardless of how old it is. Wouldn't be surprised if some folks got more house than they can really afford and have realized if they don't sell they are going to be in deep do-do
Reply With Quote Quick reply to this message
 
Old 03-13-2008, 07:25 AM
 
Location: Cary, NC
43,269 posts, read 77,073,002 times
Reputation: 45617
Quote:
Originally Posted by dianeh View Post
You may not think it is a huge number for a community of 90 homes but it is a huge number considering the community is only 1-2 year old. Basically the people listed have only been living in their homes for 12-18 months or under. Why are they moving out so quickly??

This is a town of people with professional lives and careers.
In that market demographic, it is not unusual for people to transfer in and out unpredictably.
Sometimes they get a transfer, promotion, etc, before the home is even finished.

I have heard nothing about Highland Oaks to make me think they are being driven away. We have a member and regular poster(can't remember who) who lives there and seems happy.

With all that in mind, the number is low.
Many neighborhoods turn over a higher percentage regularly.

Your question seeks a reason, and I predict that those who are selling could each cite a different reason, likely without mentioning anything negative about Highland Oaks.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:




Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > North Carolina > Raleigh, Durham, Chapel Hill, Cary
Similar Threads
View detailed profiles of:

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top