The economy has changed and it has some college graduates rethinking the traditional "American dream" of buying a house. Many college graduates are considering renting vs buying a home.
Many college graduates in and around Raleigh are more focused on looking for jobs.
In years past, it was understood that after your graduated college, you would start your job, buy a home and start a family. Not so anymore. These days, Raleigh area college grads are either not finding jobs that are paying enough to feel they can qualify for a traditional mortgage, or not feeling like they want to spend all that money on a down payment and interest, when they can invest it instead.
Many people are opting to rent an apartment in Garner or around the Raleigh area.
Graduates want to feel confident and stable in a job before opting for a mortgage, in this economy, security is a rare commodity for many. Many college grads out there don’t want to be trapped in a 20 or 30 year loan.
The Triangle area does have diverse work opportunities. Abberly Place Apartments has a new college graduate special for those looking for a one bedroom or two bedroom apartments in the Raleigh area around the Research Triangle area.
Contact Abberly Place for more information on our apartment homes and on our new college grad special.