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

Raleigh Area: Cheap Rent and Good Jobs for New College Grads

Joseph Coupal - Friday, June 30, 2017

Abberly Place, Garner, NCThere are certain things that as a new college graduate you have little control over, such as when you're forced to join the real world. If you happened to graduate in 2008 — when the economy was hemorrhaging jobs while the stock and housing markets were collapsing — you were somewhat out of luck. Still, there were things you could have done to improve your financial odds even in the Great Recession, such as picking a city with the best odds of finding a good-paying job and an affordable place to live.

Which begs the question: Where are those cities for young grads today?

The real estate site Trulia and the careers site Indeed have teamed up to look at which cities provide the best combination of affordable rental properties and the types of jobs that typically employ new grads.

Their conclusion: Finding the ideal place to work and live is tricky, because the market in which you might find the best-paying jobs may also happen to be too pricey for a 22-year-old to afford rent.

There are parts of the country that have the highest percentage of jobs that were amenable to those right out of college. Almost a third of all postings in San Jose were "grad-friendly," and recent grads could expect to earn around $3,333 a month.

Trouble is, all of that economic activity has dramatically driven up demand and prices for homes and apartments. In the San Jose market, new grads can only afford 2.5% of the available rental listings in the area.

Do new grads have to choose between a paycheck in their pocket or a roof over their head? To an extent, yes.

Yet the researchers note that there are some "sweet spots" that offer the best of both worlds.

MONEY took the data from the survey and organized it a bit differently.

We eliminated any location where less than than 10% of the housing market was accessible to new grads, and then looked at the top job markets among the remaining towns on the list. We found the Top 50 of those markets, Raleigh, NC is number 15.

15. Raleigh, NC
Monthly Income: $2,581
Percentage of Listings Affordable to Recent College Grad: 9.8%.
Percentage of Grad-Friendly Job Postings: 19.3%

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

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Time - Money


What it's Like to Retire in the Raleigh, NC Area

Joseph Coupal - Wednesday, June 21, 2017

Abberly Place, Garner, NCRaleigh, the capitol of North Carolina, is a fast-growing city in the middle of the state. Raleigh has a diversified economy and is home to several colleges including NC State at Raleigh. This city is one of three in the so-called Research Triangle, the others being Durham and Chapel Hill.

There have been a number of successful projects to bring condominiums, shops, and restaurants to the downtown area. The city has several historic districts including the Fayetteville Historic District.

What is special about Raleigh

Raleigh is the fast growing NC capital named to several "10 Best" lists. Not all retirees will appreciate the notice from the Wall St. Journal - Raleigh was named one of the top 10 cities emerging as the “hottest, hippest destinations” for educated workers in their 20s when the U.S. economy gets moving again.

The Journal cited low cost of living, expanding Ft. Bragg, and highly educated population. There are 8,100 acres of parks, multiple community centers, 112 tennis courts, 8 acquatic centers, and many bike trails and lanes.

Who will like retirement in Raleigh

Folks who are looking for life in a fast-paced, middle-sized city in the south, will like it in Raleigh. It offers a more moderate climate and there is plenty to do.

Local economy is driven by

Banking/ financial services, healthcare, universities, and many corporations.

Climate and Physical Environment

Raleigh is in the middle of the state, part of the Research Triangle region. Average January temperature is about 40 (F.). The mountains are not far away.

Restaurants & Cultural Scene

As the state capital Raleigh has a number of significant cultural institutions. Those include African American Cultural Complex, Contemporary Art Museum, Gregg Museum of Art & Design at NCSU, Haywood Hall House & Gardens, North Carolina Museum of Art, North Carolina Museum of Natural Sciences, and the North Carolina Museum of History. The Time Warner Cable Music Pavilion hosts major concert acts. The Progress Energy Center for the Performing Arts hosts plays, concerts, ballet, opera, and symphony concerts. The Meymandi Theatre at the Murphey School is one of many theater venues.

Crime

The crime rate is very close to the national average.

Medical facilities

Raleigh is home to many hospitals including the Dorothea Dix Hospital.

Transportation

The Raleigh-Durham Airport offers convenient service. Amtrak stops in Raleigh. Capital Area Transit System provides bus service through the region. Raleigh is considered below average in walkability when compared to other cities.

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

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topretirements.com


Garner, NC is One of the Most Affordable Suburbs of Raleigh

Joseph Coupal - Wednesday, June 14, 2017

Abberly Place, Garner, NCEvery year, people from all over the world move to North Carolina’s capital city. It’s home to North Carolina State University and is part of the Research Triangle area—a big draw for students and professionals alike. But what if you want access to Raleigh without living amidst the hustle and bustle? Moving to the suburbs might be the right choice for you and your wallet. Garner, NC is on the list of the 5 most affordable Raleigh suburbs in terms of cost of living, median home value, percentage of income spent on rent, and home affordability.

5. Garner

Key Stats:

  • Cost of living: 98, compared to the Raleigh average of 103
  • Affordability ratio: 2.7

Garner is that perfect combination of old and new. The historic downtown district traces its origins back to 1878 and still has many of the same beautiful buildings and yet all of the modern amenities you’ll need. The homes are just as varied, from traditional homes set on vast lawns to more modern townhomes and condos. There’s even the Garner Senior Center, if you’re looking for fun in retirement. Garner has festivals and events throughout the year, from the holiday Christmas Tree Lighting to the Music Off Main festival during the summer. In fact, Garner is a haven for arts and entertainment, with its large performing arts center and the Avery Street Recreation Center. There are eight public elementary schools, two middle schools, and one high school.

Living Near Raleigh

Living near Raleigh may not be quite as thrilling as living smack dab in the middle of the capital city, but it’s certainly a lot more affordable. If you’re ready to start apartment hunting, contact Abberly Place for more information on apartments in Garner, NC.

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movoto.com


Garner, NC is One of the Best Raleigh Suburbs for Retirement

Joseph Coupal - Friday, June 09, 2017

Abberly Place, Garner, NCIf you love Raleigh, but aren’t quite sure you want to spend your golden years navigating a busy city, Raleigh’s suburbs might be the perfect solution. That’s why we’ve compiled a list of the best Raleigh suburbs for retirees based on the senior amenities and doctors per capita, cost of living, median home price, and total crimes.

5. Garner, NC

Key Stats:
Number of doctors: 60
Residents 65 and up: 12.2 percent

The scenic suburb of Garner is a great fit for an active retiree. Garner has a variety of one-story homes, from new construction ranch houses to mid century homes. Eagle Ridge Golf Club provides a challenging course, and Garner Country Club is the perfect spot to relax after hitting the links. Plan a fishing or boating trip on Lake Benson, or spend the afternoon strolling through Lake Benson Park’s scenic walking trails. If you’d prefer to spend your golden years enjoying the great indoors, catch a play at Garner’s Performing Arts Center

Kick Back And Relax

Now that you know that Garner is in the top five suburbs near Raleigh for retirement, it’s time to relax and enjoy your golden years. Oh, and don’t worry about finding a new home. For more information on apartments in Garner, NC contact Abberly Place.

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movoto.com


You Think You Are Ready to Buy a House?

Joseph Coupal - Friday, June 02, 2017

Abberly Place, Garner, NCLet's say you're a veteran renter and you're thinking you want to start building value in a home of your own and the thought of buying a house is becoming more and more tempting.

Should you do it?

It depends. Homeownership isn't a sure path to building wealth if you're using a mortgage like most homebuyers do. The truth is: You'll be paying a lot and not getting anything in return in the form of mortgage interest, mortgage insurance, property taxes, property insurance, homeowners association fees and home maintenance. All of that money simply vanishes – the only part that actually builds wealth for you is the tiny fraction of your mortgage payment that goes toward your balance.

There are actually many financial and life situations where renting is by far the better deal, just as there are many financial and life situations where buying is the better deal.

One great step to take is to use a "rent versus buy" calculator. It's a spectacular tool for helping you run the numbers and figure out if you're ready to buy a home on paper. But on paper is just part of the story. Are you really ready for homeownership? Do the realities of your life make you ready?

Ask yourself these questions before deciding to buy a house.

Q: Are you planning to live in the area long term?

During the first few years of a mortgage, homeowners build very little equity in their home. The portion of their mortgage payment that actually goes toward the principal of their mortgage is tiny, meaning that after a few years, you still only own a tiny fraction of your home.

Thus, if you're only planning on living in the area for a short while, at least 5 years, you're almost always better off renting. The value of home ownership doesn't reveal itself until you've lived there for a while.

Q: Am I able to save a significant amount each month for a down payment?

Homeownership comes with many more costs than does renting. As a renter, virtually your only bills for your living space include rent, utilities and renters insurance. If you're a homeowner, you're contending with your mortgage bill, mortgage insurance, property taxes, homeowners insurance, homeowners association fees and all of the maintenance costs that come with a home.

If, as a renter, your financial state is so tight that you're unable to save much each month for a down payment, then the costs of homeownership would likely stretch your budget substantially beyond what you can afford. The ability to save a significant amount each month for a down payment is a great litmus test as to whether your finances are ready to deal with the costs of homeownership.

Q: How will my commuting costs change?

Quite often, you'll find people who are renting properties that are fairly close to where they work, but then buy a home that's far from work.

If buying a home means you'll no longer be able to walk or bike to work, your commuting costs are about to skyrocket. Even if you can take mass transit from your new location, you're still going to be footing the bill. Your reliance on a car may now go up, if your move puts you farther from grocery stores and other necessary amenities.

Include the cost of transportation changes in your calculations or else you may find yourself in a very rough spot.

Q: Am I overreaching?

Even after thinking through these questions, people still often fall in love with a home that's simply beyond their budget. If they dive in, they may find themselves walking the tightrope for many years as they deal with the burden of an enormous mortgage and high additional expenses.

Yes, this can pay off if everything goes perfectly, but when is life perfect? If you're buying for the first time, you're far better off in a reasonably priced home that will still grow in value while giving you some financial breathing room as you learn the ins and outs of being a homeowner. You can certainly jump to the "dream home" later, but don't make it your first move after renting.

Q: Do I have the time?

If you constantly find yourself pressed for time as a renter, it's not going to get better when you move into a house that has maintenance and lawn care needs, which you'll be solely responsible for.

Does your current schedule afford you the time to deal with tackling home repairs, mowing the lawn and tending to the greenery? If not, you should be very careful when you consider moving into a home, particularly one that belongs to a homeowners association.

Homeownership can be a very expensive proposition and it's easy to make big missteps early on by jumping in before you're financially ready. Take the time to make the right choice when it comes to the biggest financial decision of your life.

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

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US News – Money


Cities Where You Can Afford the Rent – Raleigh, Garner, NC

Joseph Coupal - Thursday, May 25, 2017

Abberly Place, Raleigh, Garner, NCLet's Face It: Rent Is Expensive

Your rent check is probably one of your biggest (and often most dreaded) expenses. And, depending on where you live, this expense can take up a sizable amount of your paycheck. But it’s an essential, so every month, we write that check.

That said, how much your budget can truly afford for rent each month is probably one of the biggest considerations you’ll make if it comes time to relocate. Well, that and if your credit is in a good enough place to even get your application approved for some new digs. (Not sure about that last part? You can take a look at two of your free credit scores, updated every 14 days, on Credit.com and come fully prepared to the meeting with your real estate agent.)

And what if it’s time not just for a new apartment but for a new city altogether? Whether you’re looking to move to a new city to help further your career or simply because you’re ready for a change of scenery, affordability is a big deal. And that’s where this list of just how affordable it is to rent a one-bedroom apartment in 20 of the biggest U.S. cities can come in handy.

4. Raleigh, North Carolina
Average Rent-to-Income: 23%
Average Monthly Rent: $1,037

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

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Tips for Renting Without Going Broke – Garner, NC

Joseph Coupal - Friday, May 19, 2017

Abberly Place, Garner, NCPersonal finance experts suggest you keep your rent under 30 percent of your income. But for many young professionals in cities these days, that's a big ask.

Many have gone through the process of finding an apartment on a budget, here are some top tips:

1. Know your deal breakers

You're probably not going to have your own one-bedroom apartment. But being on a budget doesn't mean you have to compromise your quality of life.

Take a minute and brainstorm what you would like and what you couldn't stand.

Here is a recommended list of things to consider:

  • Your commute time
  • Whether the apartment is smoking or non-smoking
  • How you feel about pets
  • Distance to the nearest subway or bus stop
  • If you want a quiet or lively place to live
  • If you need a stove, oven, dishwasher, elevator or on-site laundry
  • What you're looking for in a roommate
  • How you feel about overnight guests

Additionally, think about whether or not you can afford to use a real estate broker.

If you're on a tight budget, chances are you won't be able to. Brokers in major cities generally charge 10 to 15 percent of the annual rental fee. For a $1,200 apartment, that's between $1,440 and $2,160. If you can't afford a broker, use keywords such as "no broker" or "no fee" when looking at listings.

2. Download real estate apps

To stay up to date on the listings, download apps like Craigslist, StreetEasy, Trulia and Zillow. Checking them daily is a convenient way to cast a wide net, since you'll find unique listings on each. If the app offers certain benefits to people who create an account, such as the ability to save your searches or keep track of your favorite listings, take advantage of them. Your search will be a lot easier.

In addition, enable notifications. You'll be pinged every time a new listing that matches your criteria is added. When thousands of other people are searching for places, responding even minutes earlier than others can make a huge difference.

3. Save yourself time and stop looking for a studio

Finding an affordable studio apartment in a city like New York is extremely difficult, if not impossible.

On the off chance that you do find one, it almost always has some sort of major catch: It will be the size of a closet or it won't have its own bathroom. If you have roommates to share an apartment with, you really open up your options.

4. Join Facebook housing groups

There are dozens of Facebook groups out there where people post apartment listings. It makes searching for an apartment more personal, since you can check out the lister's social media profile and put a face to the name.

Look up your city name along with "apartments" "listings" or "housing" and you're sure to find a bunch of groups. Request to join them.

5. Post a roommate ad

The more you broadcast your search, the more responses you'll get. So post what you're looking for on your Facebook profile and tell your friends. If you don't want to share your exact price point, you can always give a range or use terms like "on a budget."

In these posts, include your budget, ideal neighborhoods, a bit about yourself and what you're looking for in a roommate.

To stay safe while doing this, don't respond to anyone who asks for money or personal information — those are red flags.

Ask for multiple social media account links from the person to verify that he or she is real. You could also arrange a video call before meeting up.

6. Draft a post you can use to reply to apartment listings

Responding to dozens of listings can be exhausting. To avoid apartment-hunting burn-out, draft a general email response that you can copy and paste, with minor tweaks, to each listing that interests you.

The response should include a bit about yourself, your ideal move in date, what you're looking for and any questions you have about that listing.

7. Stay safe

Never send money, your social security number or any other personal information to strangers, no matter what they say. Seriously, there's a huge market out there of people trying to scam you.

Don't sign any documents or turn over any cash until you do some of your own investigative research. Search the person's name and company with the word "fraud," "scam" and "lawsuit" to see if anything comes up.

When going to view an apartment, always meet in a public place and tell a friend where you're headed. If you have any doubts, do more digging or just hold off. There will be more listings tomorrow.

8. Look into new areas

Finding an affordable apartment in the posh parts of any city is extremely difficult, even if you're planning to share the space. Many young professionals are moving to the less gentrified areas for this reason.

If you look at less trendy but still vibrant neighborhoods you'll find more listings at competitive prices. The commute might not even be that much worse, and the local food might be far better.

Find out where young professionals in your area are moving and do some research. Look into where the laundromats, parks and grocery stores are, what the crime rate is and where the nearest subways or bus stops are. Visit. You might just find a good fit.

9. Don't make impulse buys

Looking for an affordable apartment is very stressful. Remember to take your time and relax. After you see an apartment, walk around the neighborhood. Do you like it? Could you see yourself living there?

If the answer is "Yes," follow up as soon as you can, as apartments go quickly. If the answer is "Maybe," think about it more. Don't allow yourself to get swept up by the panic.

Here's to finding a good place on a budget.

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

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CNBC


Raleigh, NC: Retire in This Great Small City

Joseph Coupal - Thursday, May 11, 2017

Abberly Place, Garner, 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. Raleigh is an affordable small city you may one day want to call home.

Raleigh, North Carolina

STATS
Population: 431,700
Population 62 and over: 11.3%
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 near Raleigh in Garner, NC, contact Abberly Place.

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time.com/money


Garner, Raleigh, NC: One of the Best Places to Live in North Carolina

Joseph Coupal - Friday, May 05, 2017

Abberly Place, Garner, NCKnown as the Tarheel State, North Carolina is the 10th largest state in the U.S. and had a population of over 9.7 million in 2012. It contains a diversity of geographical features and is divided into three sections. The mountains are in the west, the Piedmont is in the middle and the coastal plains are in the east. Its central location on the Atlantic Coast, mild weather and economic diversity make it a great place to call home. Also, its two largest metropolitan areas of Raleigh and Charlotte are among the top 10 fastest-growing in the country. Let’s take a look at some of the best places to live in North Carolina.

Raleigh:

Second only to Charlotte in population, Raleigh is the capital of North Carolina. It has a lot to offer with all of the attractions of a large city, but in a more laid-back setting with plenty of natural beauty. Raleigh has historical sites, museums, live shows and is the home of NC State University. It’s also an excellent place for economic opportunities and ranked No. 1 on Forbes’ list of the Best Places for Business and Careers in 2014.

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

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Livability.com


Should Millennials Buy Homes? Maybe Not – Garner, NC

Joseph Coupal - Friday, April 28, 2017

Abberly Place, Garner, NCAs the old saying goes, landlords get rich and renters stay poor. But this may not be true anymore.

On the other side of the debate are housing experts who have told The Wall Street Journal that, in the shadow of the Great Recession, the stigma of renting has faded.

It used to be that if you were an adult and didn’t own your own home, you were kind of a bum— but that image has been “blown into a million pieces.” In an era of stagnant wages, tepid job growth and soaring student debt, just 35 percent of Americans under age 35 owned their homes in the third quarter of 2016.

Should you rent or own your home? It’s an age-old question that doesn’t always yield a straight answer.

The unsatisfying advice: It’s complicated. Perhaps the most important factor in the rent-vs-buy calculus is how long you plan to stay in one place.

The five-year rule: In general, housing experts say, if you plan to live in a property for less than five years, you’re wiser to rent. That’s because expenses such as closing costs and real estate commissions wipe out the modest appreciation you enjoy. If you’re going to stay for 10 years, you’ll almost certainly gain by owning.

Here’s a partial list of the cons of homeownership:

Con: You’re responsible for property taxes and insurance.

When you rent, those expenses are part of your monthly payment, and your landlord worries about them. While Florida’s property taxes are modest compared to other states, you can expect to pay about 2 percent of the value of your home every year.

Con: You’re on the hook for repairs.

Kitchens and bathrooms don’t last forever, and a kitchen redo can run into the tens of thousands of dollars. Roofs, windows and air conditioners wear out over time. Replacing these costs thousands of dollars. Appliances break, and you’re on the hook for them, too. If you’re a renter, maintenance is the landlord’s problem.

Con: Owning makes you less mobile.

If you’re tied down by a property here, you might not grab that lucrative job offer somewhere else.

Con: The financial benefits of owning are real, but they’re often overstated.

Here is a sobering example of paying $1,500 a month in rent for 30 years. You’ll blow $540,000 with nothing to show for it. How much will you have if you buy? Here’s a very rough example, with no adjustments for inflation and appreciation: Say you take the same $1,500 a month and apply it to a $250,000 house, with a $200,000 mortgage at 4.25 percent. You’ll spend $984 a month on principal and interest, and the other $516 a month might (or might not) cover property taxes, insurance, lawn care, pest control, the occasional pressure cleaning and those inevitable visits by plumbers, electricians and carpenters. Over the 30-year life of the mortgage, you’ll replace the roof twice, the AC twice, repaint the house three times, buy enough replacement appliances to fill a small warehouse, and you’ll renovate the kitchen and bathrooms, all of which’ll cost you $100,000. And don’t forget that $50,000 down payment you made back when you were young. You will have paid the same $540,000 over 30 years, and you’ll have a net gain of $100,000 to show for it.

Not bad, but certainly not hedge fund money.

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

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Real Time



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