Should I rent or buy a home?

Our parents’ generation considered this question a “no-brainer”!
OF COURSE, you should buy a home!
However, as Bob Dylan sang, “The times they are a-Changing . . . “ 

It is a personal choice and can be the most expensive purchase you’ll make in your lifetime. So, we have listed below just a few of the many factors to help determine what is the right choice for you.

Rent vs Buy

Financial Situation/Liquidity

Can you afford to buy a home? Approximately one in three American households rent their home, according to the most recent U.S. Census Report data. This is the highest it’s been since the early 1960s! Renting an apartment typically involves few costs other than paying the rent and utilities. Purchasing a home typically requires money for a down payment, closing costs, and maintenance.

Age and/or Stage of Life

Data shows that those just starting out and those at the end of their working years prefer to rent. They prefer to invest their money, use it for other purposes and generally desire less responsibility for yard work and repairs.

Flexibility

Today’s world has changed dramatically in just one generation. We have replaced our roots with wings and become a global civilization. It is now common for young adults to leave their hometown to pursue a career or educational opportunity far from home. Technology and flexibility in the workplace allow for employees to work from “virtually anywhere” so proximity to a business center is not important. People often don’t want to be “tied down” by home ownership.

Winning Your Dream House

Benefits to Buying a Home

Investment

Purchasing a home allows you to develop equity. Hopefully, over time, your home will not only maintain it’s value but increase in value. Real Estate will always hold some value. By owning your home, you would be able to profit from the property’s appreciation in value.

Stability

Most homeowners get a mortgage to purchase that property. Rent can fluctuate at the landlord’s discretion but the common fixed rate mortgage will remain the same over time. Also, most leases last just one year so the turnover of tenants is high, but homeowners typically stay in their home for years allowing for a more stable community.

Personalization

In a rented home, you will have to live by the landlord’s rules and regulations. This might prevent you from customizing the place to your personal liking. Owning a home allows you the freedom to decorate and design your home to a place you really wanted to live in. And the more you customize it, the more it feels like home, and the more you won’t want to leave.

What is Best for You?

What is best for me?

There is no easy answer. This is just a brief overview as everyone’s situation is different. Our local Real Estate market is constantly in motion which also has an effect on the actual costs and benefits of renting vs owning. 
Please email us at inquiries@logpondrealty.com for more information.

About Log Pond Realty

Home is where your story begins. Home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you in writing your new story.

We can be reached via phone at 919.589.3576 or via email at inquiries@logpondrealty.com 

Serving the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest, and Garner.

Spring has finally Sprung!

The sun is shining! The birds are singing! The flowers are blooming! Get out there and enjoy it! There are so many Spring festivals and events all around the Triangle that we can not list them all. Support your local community and enjoy beautiful arts and crafts and delicious food and drinks at these favorites:

Southern Women’s Show

https://southernshows.com/wra
April 12 – 14 ~ North Carolina State Fairgrounds
Shop, sample and share the fun at the Triangle’s favorite event for women. Discover hundreds of boutiques filled with the latest fashions, trendy jewelry, gourmet treats, health and beauty, and so much more. Enjoy fashion shows, top chefs, and celebrity guests.

Spring Daze Arts and Crafts Festival

https://www.townofcary.org/recreation-enjoyment/events/festivals/spring-daze-arts-and-crafts-festival
April 27 ~ Fred G Bond Metro Park
Over 170 North Carolina artists, entertainment on four stages, delicious festival food, and Cary’s annual Earth Day Celebration.

Spring Daze

Brewgaloo

https://shoplocalraleigh.org/brewgaloo/

April 26-27 City Plaza, Downtown Raleigh
North Carolina’s largest craft beer festival, featuring 100 breweries, 50 food trucks and drawing 30,000 people. It was nominated as one of the top 10 beer festivals in America!

Peakfest

https://apexpeakfest.com/
May 4 ~ Historic Downtown Apex
Celebrate the Peak of Good Living with live music all day, artists of every kind (jewelry, pottery, watercolor and acrylic), entertainment for the kids, food that you would find at the fair, and so much more!

But Wait! There is more!

In addition to these annual events, we’re lucky enough to have so many other places to enjoy this beautiful season!

Take a picnic and enjoy the beauty of Sarah P. Duke Gardens https://gardens.duke.edu/

Grab some friends and enjoy an exciting baseball game at the Durham Bulls Park https://www.milb.com/durham/

Get out and explore the numerous parks, greenways, gardens, baseball and soccer fields! Please share your favorites with us at https://www.facebook.com/LogPondRealty/

Duke Cardens

About Log Pond Realty

Home is where your story begins. Home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you in writing your new story.

We can be reached via phone at 919.589.3576 or via email at inquiries@logpondrealty.com 

We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest, and Garner.

The Mayton Inn

I enjoy exploring when I’m out of town but typically resort to the “same old places” when I’m home. However, a recent conversation led me to step outside of my usual #itp favorites and I’m so happy that I did! Please do yourself a favor and make plans now to stop by the Mayton Inn. Whether you go for a drink, a meal or a weekend staycation, you will fall in LOVE!

Mayton Inn Room

After enjoying a delicious dinner with friends at The Mayton Inn, I had the privilege of meeting the owner, Deanna Crossman and her adorable sons. She is charming, passionate and focused on creating a memorable experience. She currently owns two other hotels but you can tell The Mayton Inn and downtown Cary hold a special place in her heart.

Dining Area

The Mayton Inn is a 45-room boutique hotel in the heart of downtown Cary. The Georgian-style hotel has something for everyone and boasts a lounge, full bar & restaurant, event spaces, and an outdoor terrace. There is also a high tech gym facility and spa rooms for guests. We were introduced to several members of the staff and they were all welcoming and helpful.

This inn is the PERFECT setting for a wedding, corporate event, gala or even just a night on the town! The hotel was designed to allow for many uses and offers beautifully appointed spaces both inside and out. Walking through the curated rooms and suites, it’s hard to tell if the Mayton is a stunning, historical building or gorgeous new construction. It has a sense of timelessness that adds to the experience.

Carolina blue skies over the newest boutique hotel in town!

The attention to detail is phenomenal and can be seen in the way the colors, the fabrics and the lighting all come together to set a specific mood. The oversized terrace is ideal for enjoying our wonderful North Carolina weather and catching up with friends. They hold various events throughout the year to attract various guests and establish themselves as a destination and I can’t wait to see what’s next!

Whether you’re planning a special event, looking to impress out-of-town guests or just want a unique experience close to home, you MUST stop by The Mayton Inn. You will NOT be disappointed!

Visit their website for more information

About Log Pond Realty

Home is where your story begins. Home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you in writing your new story.

We can be reached via phone at 919.589.3576 or via email at inquiries@logpondrealty.com 

We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest, and Garner.

Morrisville – The Heart of the Triangle

Chamber of Commerce

Morrisville lives up to its tagline and truly is the “Heart of the Triangle”.  Due to its central location, proximity to RDU International Airport and I-40 and I-540, Morrisville is an ideal location for people looking to commute to the Research Triangle Park, downtown Durham or Raleigh.

Things to Do in Morrisville 

The town is home to many festivals family-friendly activities and attractions.

Want shopping?  Park West Village is a new 100-acre, 750,000 square foot mixed-use development that includes a town center district, a community center with sought-after major retail anchors, upscale casual restaurants, and a movie theater, all of which will be mixed with residential, office and hospitality.

Up for the challenge? Take your getaway to new heights at Triangle Rock

Logo

Club, featuring multiple types of indoor climbing including bouldering. This massive gym, with a 55-foot climb, a lead-climbing cave, bouldering and much more is the biggest and tallest gym in five states, and one of the largest in the Southeast.

Looking for nature?  Gaze upon N.C. wildlife at Crabtree Creek Nature Park, a 34-acre wooded and wetland park site with walking trails and a nature center.

Up for sports?  Discover recreational opportunities at the 37-acre Cedar Fork District Park, with fields for playing soccer, football, throwing a frisbee and more. Catch a game from the only cricket league in the area at Shiloh Park.

Foodies will love to taste dishes and experience cultures from around the globe, all in one place, at the East Meets West Festival in Sept.

Train Depot

Historical Snapshot
  • Morrisville was named for Jeremiah Morris who donated three acres of land to the North Carolina Railroad in 1852 for a water station, woodshed, and other buildings in support of the railroad. The deed transaction is believed to be on November 30, 1852, which references Crabtree Creek.
  • Jeremiah Morris established the first post office in March of 1852 and became the first postmaster of Morrisville.
  • On April 13, 1865, one of the last battles of the civil war took place in Morrisville.
  • By the early 1870s, the Morrisville area supported at least six general stores, Baptist and Christian churches, a hotel, a steam sawmill, a cabinetmaker, a lawyer, and four physicians.
  • Morrisville’s original charter was ratified on March 3, 1875.
  • Morrisville was re-chartered on April 3, 1947.
  • Morrisville’s population in 1990 was 1,022.
  • Morrisville’s population in 2015 was 24,699 as determined by a Special Census.

Business District

Links

Official Town Website

Morrisville Chamber of Commerce

Park West Village

For Additional Information on the Town of Morrisville, NC

Visit Raleigh.com

Town of Morrisville History

 


About Log Pond Realty @ RE/MAX United

Home is where your story begins. A home is where hopes and dreams are born, memories are made, and lives are lived.  We would love the opportunity to assist you with assisting you to write your new story.

We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.

We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest and Garner.

Fuquay-Varina: Come for a day or stay for a lifetime

When I first moved to the Raleigh area, someone suggested that we have

lunch at a restaurant in “Few Quay” or was is “Phew-Kay”? With a correct pronunciation of /ˈfjuːkweɪ vəˈriːnə/, (thanks, Wikipedia). Fuquay-Varina or Fuquay for short, located just 15 minutes south of Raleigh, has flourished into a vibrant, family-friendly community. Its population has doubled in the past 10 years to over 25,000 citizens making it one of the fastest growing towns in North Carolina!

Downtown Fuquay-Varina

 

Originally, visitors from near and far traveled to the quaint town that is today called Fuquay-Varina seeking the healing powers of the Fuquay Mineral Spring. With 2 beautiful downtown districts, an abundance of charm, a rich history and plenty to see and do, Fuquay-Varina offers a dash more to those seeking an adventure. AAward-winning breweries, a thriving art scene, authentic festivals, entertaining outdoor concerts, exceptional shopping and dining that is more fun than formal – you’ll find it in Fuquay-Varina!

The Story of Fuquay-Varina
Fuquay-Varina, first known as “Piney Woods,” acquired her unusual names from the fates of history. Among the early land grant

Downtown Fuquay-Varina

families were the Burts, Joneses, and Rowlands, but it was a French veteran of the Revolutionary War named William Fuquay who moved his family to the exact site, purchasing 1000 acres of Jones Land in 1805.

 

While plowing a field, circa 1858, William’s son Stephen or grandson David Crockett uncovered a mineral spring. “Taking the waters” became an attraction for people with all types of physical ailments, leading to the annual celebrations at the spring on Easter Monday and the Fourth of July. Conveniently, the early timber rail provided a ready means of transportation while hotels, catering to long-term visitors, surrounded the spring.
Varina
During the “War for Southern Independence,” a young soldier named

Ballentine, born just south of the spring, received morale-boosting letters signed with the pen name “Varina.” He later looked up the Fayetteville lady, married her and brought her to live at his homeplace. Continuing to call her Varina, he named his post office and

Balloon Festival Memorial Day Weekend

mercantile establishment across from the mineral spring for her. When two timber rail lines crossed nearby, “Varina Station” was born.

 

In the early 1900’s tobacco farmers, fleeing the Granville wilt devastating their crops, began migrating into Southern Wake County. Their “golden weed” fostered a large commercial tobacco market. Railroads flourished and traffic flowed along Main Street in Fuquay Springs and around the Broad Street station, now known simply as Varina.

Fuquay-Varina

Splash Pad

Fuquay Springs, incorporated in 1909, joined the neighboring community of Varina in 1963 as 1 municipality. Since that time, Fuquay-Varina has become one of the fastest growing small towns in North Carolina. The town with the hyphenated name and 2 historic districts has been able to successfully retain its small-town charm while successfully adding modern amenities and rewarding business opportunities that have attracted residents from all over the United States.

Links

Official Town Website

Fuquay-Varina Chamber of Commerce

Downtown Fuquay-Varina

Fuquay-Varina Arts Council

Fuquay-Varina Town Hall

Information provided by Fuquay-Varina Historical Society


About Log Pond Realty @ RE/MAX United

Home is where your story begins. A home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you with assisting you to write your new story.
We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.
We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest and Garner.

New Home Community Focus: Sonoma Springs by Royal Oaks

Week 4 or our new home series and we head south to Fuquay-Varina and Sonoma Springs by Royal Oaks.  Fuquay-Varina is a vibrant and growing town in southern Wake County and this community offers many amenities priced from the $280’s.

With floor plans ranging from about 2,000 to over 3,500 square feet, Sonoma Springs will have homes featuring a variety of styles including main floor master bedrooms, first-floor guest suites, three car garages, and more!

Amenities include a community pool, clubhouse, sidewalks and cul de sac lots; this is the perfect neighborhood for your growing family.

For additional information on this Royal Oaks community, stop by their website.

For questions on this community or other new home communities, you can message us here on our website.


About Log Pond Realty @ RE/MAX United

Home is where your story begins. A home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you with assisting you to write your new story.
We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.
We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest and Garner.

Cary Is Your New Hometown, Not Home City

Cary Town Hall

Cary is located in Western Wake County, only 15 minutes from downtown Raleigh and one that is frequently ranked on many “Best Of” lists.  My first contact with Cary was in 2004.  My wife and I decided to move to the Raleigh area and we had decided that Cary would be the place that we would move our family.  When I told a friend that had some knowledge of the Raleigh area that we were moving to Cary, he looked at me with a smirk and said, “so you’re moving to the Containment Area.”

Cary has a reputation for drawing Yankees and people from other areas to its town limits.  The running joke is that Cary actually stands for “Containment Areas for Relocated Yankees.”  What attracts people from other areas is that Cary

Downtown Cary

offers a quality of life sought by many. It doesn’t hurt, of course, that Cary consistently is mentioned among the nation’s top cities, being recognized as one of the Safest Places to Live in America, Best Places to Retire and Best Places to Raise a Family in the United States.

 

Even though Cary has grown from a small town into one of the larger communities in North Carolina, Cary offers a small-town atmosphere and a proximity to Raleigh, the Research Triangle Park, and the RDU International Airport.  Cary provides a variety of enjoyable and economical recreational, sports, environmental, historical and cultural arts programs and services. Indulge yourself in the enticing, natural beauty waiting on one of the 39 greenway trails open sunrise to sunset and providing more than 70 miles of recreational amenities for walking, jogging and bicycling in a natural setting.

Links

Official Town Website

Cary Chamber of Commerce

Heart of Cary Association

Cary Arts Council

Lazy Days Festival


About Log Pond Realty @ RE/MAX United

Home is where your story begins. A home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you with assisting you to write your new story.
We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.
We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest and Garner.

New Home Community Focus: Meadows at Southpoint

Kitchen in Model Home

Week 3 of our New Home Community Series and this week we are in Durham and we are checking out Meritage Homes at Meadows at Southpoint. Located near all the cool stuff in downtown.  This community features two-story townhomes with up to 2,653 square feet of living space, first-floor owner’s suite, gourmet kitchens, and 2-car garages. Minutes from shopping, dining, & entertainment.  Prices range from $260k to $375k.  They have several quick sales available so that you can be in before the holidays.

For additional information on this Meritage community, stop by their website.

For questions on this community or other new home communities, you can message us here on our website.


About Log Pond Realty @ RE/MAX United

Home is where your story begins. A home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you with assisting you to write your new story.
We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.
We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest and Garner.

Briar Chapel by Garman Homes: More than Just a Community, More than Just a Home

Stop #2 of our New Home Community Series and this week we have stopped in at one of my favorite communities in the Triangle, Briar Chapel.  If you are looking for a lifestyle community this is one that you definitely need to check out.

Briar Chapel is ALL about the amenities!  Whether you are into exploring vast trails, parks, relaxing by the pool or pumping some iron, this community has it!

Today, our host in Janice Nesbitt with Garman Homes.  Garman is one of the builders here at Briar Chapel and has many offerings across their various collections.  In Briar Chapel, you can score a Garman Home from the $230’s in the Fresh Paint collection to the $330’s in their Southern Collection.  Janice and Kelly introduce the model home at Briar Chapel and talk about what Garman and Briar Chapel have to offer.

 


About Log Pond Realty @ RE/MAX United

Home is where your story begins. A home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you with assisting you to write your new story.
We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.
We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest and Garner.


Apex: A Must See Destination

Every Friday we face the same eternal question – what should we do this weekend?  Maybe this weekend you should put Apex in your weekend plans?

Take a few minutes to see why Apex truly is the Peak of Good Living and learn how much it’s grown since it’s early days as Log Pond, NC. “We weren’t born here, but we got here as fast as we could!”

NC Weekend: Historic Downtown Apex

The town of Apex, North Carolina, located in Wake County, has transformed itself into a must-see destination. Downtown Apex is bustling with retail shops, restaurants and even a new farmers market, but its brick facades still retain its history and old-school charm.

Posted by North Carolina Weekend on Sunday, October 22, 2017


About Log Pond Realty @ RE/MAX United

Home is where your story begins. A home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you with assisting you to write your new story.

We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.

We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest and Garner.