Abberly Place Apartment Homes

500 Abberly Crest Boulevard, Garner, NC 27529
Call: 844-230-1753 Email View Map

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

Apartments Raleigh NC Blog

Baby Boomers are Renting and Loving It - Garner, NC

Joseph Coupal - Friday, April 29, 2016

The United States is increasingly a nation of renters — the share of rental households is at a 20-year high, a recent Harvard study found. Some of today's renters cannot afford a house and have no choice while others are in the younger age groups that traditionally make up a major part of the rental population.

But older adults represent an increasingly common breed of renter — those in their later years who could afford to own but prefer to rent. People 55 and older now account for 42 percent of the growth in U.S. renter households. One of every three new renter households has a high enough income to afford a home yet has opted to rent.

We're seeing in many new apartment communities that a large percentage (of tenants) have been baby boomers who are moving out of a large home or moving away from home ownership. It's really not surprising — 10 years ago that's all we talked about, the baby boomers, and now that's actually coming to fruition.

Meanwhile, as boomers join millennials as renters in big numbers, home ownership has dropped to its lowest level since 1989. It now stands as 63.7 percent, down from 69.1 percent near the peak of the real estate bubble.

A large part of that decline is due to people who lost their homes in the crash. But it is also due to financially comfortable couples.

Retired folks make a good profit selling their homes. With kids out of college and working elsewhere, many decide they no longer needed a big family home with a pool they did not use and a lawn they were tired of cutting.

Also, many are tired of driving every time they want to go out to eat. Many want to live in cities or areas with a downtown.

After deciding to sell, there is another hard decision: Buy again or rent? If they buy a condo there would be property taxes, insurance and monthly association fees. If they paid cash, they would no longer have that money to invest.

Times have changed, and it's not guaranteed any more that you're going to make money in real estate.

Many rent a 1 or 2 bedroom apartment. They figure they are earning enough on their investments — including the money they kept by not buying — to essentially live rent- free for now. They also have greater flexibility than if they owned.

They may not stay put for more than five years. They may decide to go out to the West Coast to get out of the heat. There is no hassle of ownership.

Many like the freedom of renting. They don't want to be tied down.

Whether they rent or buy, older people pondering a move need to consider many factors — their lifestyle, their interests, their medical needs.

If buying to be close to grandchildren, people should think about what happens if the kids' parents decide to move. Maybe you're not sure if your son is going to stay in Chicago or move to San Diego, then what would you do?

For more information on renting apartments in Garner, NC, contact Abberly Place.


Most Educated Cities – Raleigh, Garner, NC

Joseph Coupal - Friday, April 22, 2016

Which cities are the bulk of the nation’s most educated calling home these days?

To determine the Most And Least Educated Cities In America, financial site WalletHub took a look at the 150 largest metros in the U.S. and ranked them according to nine weighted metrics, including percentage of adult residents with a high school diploma, associate’s degree, graduate or professional degree, or above; public school system rankings; average quality of universities; and differences between percentages of black and white B.A. holders and male and female B.A. holders.

No. 10 Most Educated City: Raleigh, North Carolina

Raleigh is known as the City of Oaks for its many oak trees. The capital city is part of North Carolina’s Research Triangle, one of the country’s largest and most successful research parks and a major center in the U.S. for high-tech and biotech research. The surrounding area is home to a number of colleges and universities including Duke University, North Carolina State, University of North Carolina at Chapel Hill and Wake Forest University.

These schools have a notable economic impact on the area. The North Carolina Museum of Art, occupying a large suburban campus on Blue Ridge Road near the North Carolina State Fairgrounds, maintains one of the premier public art collections located between Washington, D.C. and Atlanta.

For more information on apartments in Garner, NC, near Raleigh, contact Abberly Place.



Best Cities for Young Professionals - Raleigh, Garner, NC

Joseph Coupal - Friday, April 15, 2016

Recent college graduates face better job prospects these days than they did in the midst of the Great Recession–but they also are typically saddled by debt. Seven out of 10 graduating college seniors had student loans in 2014 (latest data available), with average debt loads of $28,950, according to the nonprofit Institute for College Access & Success.

That’s why new grads–as well as young professionals only a few years out of school–would be wise to consider carefully where to start their careers. To find out which cities offer the best overall prospects for college-educated workers with five years of experience or less, we crunched data on job growth, unemployment rates, pay and cost of living in America’s largest 100 metro areas. The result is our 2016 list of The 20 Best Cities For Young Professionals.

The cities that made our list generally fall into two categories. The first is job-heavy economic powerhouses where the pay is high and the cost of living is too.

When it comes to starting a career, everything is a trade-off. Workers need to consider which places make the most sense for their particular industries and career paths. But they also should look realistically at what pay v. cost-of-living trade-off they’re willing to make.

Raleigh, NC came in #3 on the 2016 list of Best Cities For Young Professionals.

For more information on apartments in Garner, NC, near downtown Raleigh, contact Abberly Place.


Garner, NC is One of the "Best Cities" in North Carolina

Joseph Coupal - Friday, April 08, 2016

As a part of Movoto Real Estate’s ongoing goal to uncover our nation’s finest cities, from the best places to live or simply watch a movie, to the best cities in our country in general, we are going state by state and giving it to you honestly.

Which is fitting for today’s state, North Carolina, whose state motto, “Esse quam viederi” means “to be rather than to seem.” North Carolina is nothing if not real, down to earth, and honest to goodness great place to live.

How did we come up with these 10? Keep reading to find out just how we came up with our list and why each city made it to the top.

Here’s How We Did It

In order to come up with our Top 10 Lists, we rely on certain criteria to objectively rank each city in order from best to worst.

We started with a list of the 50 most populous municipalities (cities, towns, villages, and Census Designated Places) in North Carolina and ranked them from one to 50 in each of the criteria above, with one being the best. Then we averaged the numbers for each criteria and gave them an overall Big Deal Score—the lower the number, the higher it ranked.

5. Garner

After garnering the information about this town just outside of Raleigh, we realized just how big of a difference a lower cost of living can make—in choosing a place to live and in making our list. Garner’s cost of living is 5 percent lower than North Carolina’s average, making it the least expensive spot on our Top 10.

Garner also scored well on its number of churches per capita—a whopping 32 for its small population of 26,732 people. And if you’re not at church on Sunday? Head over to Angie’s Restaurant for some brunch. (Both a factor in Garner’s amenities’ score.) Residents can certainly afford to treat themselves with a median household income 37 percent higher than the rest of the state!

To sum up in the words of Mayor Ronnie Williams: “It’s no surprise that Garner has won this latest accolade, which comes on the heels of being named an All-America City. With our great parks and cultural arts scene, and our nationally recognized schools, Garner is truly a great place to live and raise a family. We have a low crime rate and impressive range of housing options at various price points. Plus, we’re only 10 minutes from downtown Raleigh, which has great restaurants, performing arts venues and special events throughout the year. You just can’t beat Garner.”

For more information on apartments in Garner, NC contact Abberly Place.


Best States for Business - Garner, NC

Joseph Coupal - Friday, April 01, 2016

Americans want change. They are fed up with real personal incomes barely climbing each year and with the share of unemployed and underemployed workers still north of 10%.

But there are parts of the U.S. that are thriving thanks to strong workforces, low business costs and pro-business regulatory environments. With that in mind, Forbes embarked on its annual look at which states have the best business climates.

Forbes’ Best States for Business ranking factors in 40 data points across six main areas: business costs, labor supply, regulatory environment, economic climate, growth prospects and quality of life. Business costs, which include labor, energy and taxes, are weighted the most heavily. We added several new criteria this year, including the number of millennials as a percent of the population. We relied on 14 data sources.

North Carolina moves up one spot to rank second, and North Carolina is the only one to appear in the top five every year of our Best States study. North Carolina has the smallest union workforce in percentage terms in the U.S., which keeps costs down. Labor costs are 10% below the national average and fifth lowest in the U.S. The state also boasts a strong labor force and business-friendly incentive, legal and regulatory environments.

North Carolina attracted more new facilities and expansions in 2014 than any other state. The influx has continued in 2015 with multiple major expansions. Novo Nordisk  announced plans in August to invest more than $1 billion for a bio-manufacturing facility and more than double its workforce in North Carolina with an additional 700 jobs.  A month earlier software firm Interactive Intelligence detailed plans to create 200 new jobs in Durham. Both companies cited the benefits of the Research Triangle Park area with its wealth of technical talent and strong universities.

Best States: #2 North Carolina
2014 Rank: 3
Gross State Product: $483 billion
5-yr annual GSP growth: 1.4%

North Carolina has the lowest union workforce in the U.S. at 1.9%. The low rate contributes to labor costs that are 10% below the national average.

For more information on apartments in Garner, NC, contact Abberly Place Apartments.


Abberly Place Apartment Homes

500 Abberly Crest Boulevard, Garner, NC 27529

Call: 844-230-1753
View Map

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