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.

Family Fun Around the Triangle

June is right around the corner and that means that summer is almost here! Now is the time to make plans for some summer activities.

Raleigh is filled with great family-friendly activities and is a great getaway for the entire family! From outdoor parks to kids’ museums, annual festivals to adventure courses, the Raleigh area has it all!!

Marbles Kids Museum

Your Guide to a Great Time

All of the activities outlined below are very affordable and includes both indoor and outdoor activities and are sure to entertain even the most discriminating kid!

Marble Kids Museum – At Marbles Kids Museum in downtown Raleigh, play is the name of game. The museum includes many hands-on exhibits and award-winning programs. This museum knows exactly how to bring the fun.

North Carolina Museum of History – North Carolina has a fascinating history, and if you want to discover all of it in a dynamic and immersive setting, then the North Carolina Museum of History is the place to go.

North Carolina Museum of Natural Sciences – Appeal to the museum buffs in your family with a trip to the largest natural history museum in the Southeast.

Pullen Park – Pullen features a miniature train that visitors can ride, a kiddie boat ride for youngsters and paddle boats for relaxing trips around the park’s lake.

Triangle Rock Club – Boasting the highest indoor rock wall in a five-state radius, TRC features a state-of-the-art indoor climbing facility with indoor rope climbing, bouldering, and fitness classes.

Triangle Rock Club

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.

Wednesday Wind Down

Checking out some great places around the Triangle to enjoy a wind down on a Wednesday

If you are looking for some great places to “wind down” midweek, there are lots of great options around the Triangle. From wine to wellness to watching movies, there is something sure to please.

Wine Down @ Peak of the Vine 

We recently stopped by Peak of the Vine at its new location in Historic Downtown Apex. The Peak of the Vine is a unique combination of a wine lounge and wine shop. Enjoy the warm and friendly atmosphere of our lounge as you sip on exceptional wines from around the world; or choose your favorite bottles to take home.

On our visit, Kelly enjoyed the daily sangria special while I enjoyed a Chardonnay from Slovakia. Both were great and were a perfect way to enjoy “Wine Down Wednesday.”

The Peak also features live music, karaoke and open mic nights. If you are looking for a great place to meet with friends in Historic Downtown Apex, you should consider a visit to the Peak of the Vine.

Cheers! Wine Down Wednesday at Peak of the Vine

If wine isn’t your thing here are some other great ways to enjoy your Wednesday wind down.

Wind Down Wednesday Concert Series @ Waverly Place 

Get ready to turn up the volume on Wednesdays this summer! The Wind Down Wednesday summer concert series returns to Waverly Place.
The whole family is invited to relax and soak up the summer sun, all while listening to summertime tunes from one of the areas local bands.

Arrive early to take advantage of special offers from select Waverly Place retailers and restaurants. Then head to the Park to enjoy a variety of food and beverage options available for purchase during each performance. The Waverly Place Playground, sponsored by WakeMed, will be open and ready for action for younger visitors.

Concerts start at 6:00 PM & Admission is free. Stop by the Waverly Place website for more information.

Wind Down Wednesday Concert Series @ Waverly Place

Wellness Wednesdays

The lawn on the Coastal Credit Union Midtown Park at North Hills is transformed into an outdoor fitness studio. These events encourage participants to “Get Your Fit On” by promoting whole-body wellness through a wide variety of fitness concepts.  

Sessions run from April to June and begin at 5:30 PM. Visit the North Hills website for more information

Wellness Wednesdays at North Hills

Wednesday Movie Night

On the first Wednesday night of the month, the Halle Cultural Arts Center in downtown Apex hosts a Wednesday Movie Night. The movies include recently released movies geared towards teens and adults.

Contact the Halle Arts Center for a complete list of movies at halleculturalartscenter@apexnc.org.

The Halle Arts Center in Historic Downtown Apex

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.

New Listing: Spectacular North Raleigh Condo

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.

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.

Real Estate Market Update – January 2019

 

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.

Winter Events Around the Triangle

Happy New Year!  Even though the holiday season has come and gone, there are lots of great activities in and around the Triangle!  Grab your winter hat and throw on your sweater and check out some great winter events!  

Winter Wonderland at Bond Park (1/25 & 1/26)

Bond Park in Cary becomes a winter wonderland where an amazing sledding hill will be created with man-made snow, and tubes will be provided so you can catch some speed as you fly downhill.

The amazing sledding hill will be covered with snow made from ground ice by Snow My Yard. The snow is refreshed each morning and between sessions as time allows. Snow tubes are provided — please do not bring your personal sled, disc or tube.

Check out the website for more information.

Snow tubing fun comes to Cary

African American Celebration (1/26)

This event is a kickoff to the statewide observance of Black History Month.  This 18th annual event brings together 75+ musicians, storytellers, dancers, chefs, historians, artists and more in downtown Raleigh for a day of pride and celebration of culture.

18th African American Celebration

Triangle Restaurant Week (1/21 to 1/27)

Triangle Restaurant Week is a week-long celebration of culinary excellence throughout the Raleigh area. Participating restaurants offer special three-course menu options and fixed pricing making this the perfect chance to try out a new spot or return to an old favorite.

Dinner is Served

Krispy Kreme Challenge (2/2)

The Krispy Kreme Challenge is one of the most unique running events in the country.  And maybe one of the most unique eating events!  The event has been an annual Raleigh tradition since 2004 and draws nearly 8,000 runners.

Participants begin the Challenge at the Memorial Belltower on the campus of NCSU in Raleigh. Runners then travel 2.5 miles through historic downtown Raleigh to the Krispy Kreme located at the intersection of Peace and Person St., where they attempt to consume one dozen original glazed doughnuts. The hardest part of the Challenge awaits them as they run 2.5 miles back to the Memorial Belltower. This is the Krispy Kreme Challenge!

Run Fast, Eat Donuts!

Big Name Acts

Don’t miss out on a huge list of big-name acts set to perform on big stages this winter: Justin Timberlake (1/6), Cher (1/27), Metallica (1/28), Elton John (3/12) and Mumford & Sons (3/17) will all play at the PNC Arena.

Old Fashion Hockey

The Hurricanes continue their march to the Stanley Cup playoffs with a host of home games.  Check out the Hurricanes Homegrown Series to find out about some of the best chances to pair hockey with local food, music and beer at the arena!

Looking for other activities?  Check out VisitRaleigh.com for a full list of local events, including a Bucket list of the top 30 things to do this winter.

Hockey Action Continues with the Hurricanes all Winter Long

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 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.

Wake Forest: A Metropolitan Feel, Small Town Charm

Welcome to Wake Forest

Situated less than 10 miles north of Raleigh, Wake Forest is a prime location for anyone wishing to enjoy a quality way of life with all the benefits of city living.

History

The town began in 1832 when the North Carolina Baptist Convention, intent on establishing an educational institute to train future ministers, purchased

Downtown Wake Forest

Dr. Calvin Jones’ 615-acre plantation north of the existing community of Forestville for $2,000.  The commercial and residential growth allowed the community to be incorporated on March 26, 1880, as the Town of Wake Forest College. The college and the town thrived together through good times and bad until shortly after the end of World War II when it was announced the college would move to Winston-Salem. Happily, the Southern Baptist Convention decided to locate its new seminary in Wake Forest, and Southeastern Baptist Theological Seminary shared the campus with the college until it moved in 1956.

Beginning in the 1990s and continuing today, Wake Forest has seen an explosive growth in its population, now has close to 30,000 residents with expectations of growing to 40,000. New subdivisions have been built, and the town boundaries now run from – and into – Franklin County on the north to the Neuse River on the south, from west of U.S. 1 on the west to just shy of U.S. 401 on the east.

Wake Forest Today

Today, Wake Forest has grown into a thriving community, offering residents and visitors diverse economic and cultural opportunities.  From art galleries and specialty shops to coffee companies and consignment boutiques, Downtown Wake Forest is a vibrant, charming, historical and happening place to visit.

Shop at The Cotton Company or the N.C. Specialty Shops, where you make

Downtown Wake Forest

your own gift basket of Tarheel souvenirs. Stroll through other shops and art galleries dotting the 100-year-old town’s historic downtown commercial district. Grab a bite to eat and shop at Sugar Magnolia Cafe or grab a hot dog at Shorty’s Famous Hot Dogs, a family-owned business since 1916.  You can also grab a beverage at White Street Brewing Co. is Wake Forest’s hometown brewery. Specializing in classic styles, White Street crafts a variety of authentic beers that are suitable for all tastes.

For the sports enthusiast, The Factory offers ice rinks, a skate park, indoor soccer, an inflatable playground, miniature golf and go-carts–while Heritage Golf Club offers the best in play any time of the year.

Links

Official Town Website

Wake Forest Chamber of Commerce

Discover Downtown Wake Forest

Wake Forest Arts Council


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.