Abberly Place Apartment Homes

500 Abberly Crest Boulevard, Garner, NC 27529
Call: 844-230-1753 Email UsAbberlyPlace018@myLTSMail.com View Map

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

Apartments Raleigh NC Blog

It’s Cheaper to Rent in North Carolina

Joseph Coupal - Friday, July 28, 2017

Abberly Place, Garner, 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 Garner, NC, contact Abberly Place.

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gobankingrates.com


Reasons To Move To The Raleigh, NC Area

Joseph Coupal - Thursday, July 13, 2017

Abberly Place Apartments, Garner, 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 near Raleigh, NC in Garner, contact Abberly Place.

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onlyinyourstate.com


Is it Time to Sell and Start Renting?

Joseph Coupal - Friday, July 07, 2017

Abberly Place, Garner, NCFor many reasons, a lot of baby boomers have been delaying retirement. One reason is that they have been unable to sell their homes. They've been trapped in our old houses, in their high-tax communities, handcuffed to jobs by a lofty cost of living. They couldn't afford to retire until they could move to a less expensive home.

But now the real estate market is improving. The number of existing homes sold is up from a year ago, and average prices have climbed since this time last year.

Now the question is: If you can finally sell your home and move to a retirement destination should you rent your new place, or should you buy again?

Let's remember that despite the lousy real estate market of the recent past, most boomers have made a lot of money owning their own homes over the past 30 years. For most of their lives – and their parents' lives– owning a home was the American dream.

The rule of thumb was that it was better to own than to rent, as long as you planned to stay in your house for at least five years.

But that was then. What about now? What we've all learned since 2006 is that owning a home can be an albatross as well as an opportunity. Many people now seem more interested in mobility than stability. You can't retire and you can't take that new job if you can't sell your house. And maybe you just no longer want the responsibility of taking care of a lawn and doing maintenance on the roof and the plumbing and the heating system.

Many of us know – and are a little jealous of – a friend or relative who was renting an apartment or a condo and was able to take a new job or jump on an early retirement package, then wave goodbye and start the new life they wanted.

Now that homeowners have the chance to move, do you really want to be saddled with another place you may not be able to sell?

Certainly, if you're experimenting with your retirement, shopping for a new place to live, you should not buy a place right away. Remember, buying and selling a house costs a lot of money – not just the down payment, but the mortgage, the lawyer, the insurance and taxes.

If you're not sure, rent for a year or two.

Above all, the choice of whether to rent or buy is a lifestyle decision. What kind of home and neighborhood you want to live in, whether you want to feel like a part of the community and how long you are you going to stay there.

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

#HowYouLive

US News



Abberly Place Apartment Homes

500 Abberly Crest Boulevard, Garner, NC 27529

Call: 844-230-1753
Email UsAbberlyPlace024@myLTSMail.com
View Map

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

$937-$1,361