Top 2024 Developments Coming to Raleigh plus you Q+As!

Tonight we'll talk about some of the biggest developments coming to Raleigh in 2024! We'll also go over the new Fannie Mae mortgage rate projections and some fresh housing data. See you tonight!
00:00 Welcome
00:46 Top Developments coming to Raleigh in 2024
01:55 Raleigh's new Bus Rapid Transit system
06:04 What town around Raleigh reminds us of a New England town?
07:26 Union West coming to Raleigh (Mixed-use development with a bus station)
08:31 The Weld coming to South Raleigh
10:09 The Novus coming to Durham (high-end condos and apartments)
13:04 Does Raleigh still feel like a southern city with all the transplants that move there?
15:22 A 20-story apartment coming right next to Red Hat Amphitheater
16:46 The Exchange coming to midtown in Raleigh
21:50 Pinehurst named the top retirement town in the country
26:56 Mudcats are leaving Zebulon
29:04 Fannie Mae's new positive mortgage rate projections for 2024
32:52 How do new listings compare to last January
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Zach and Cindi are licensed real estate agents with Keller Williams-Raleigh

[@ghaywoood5]

I actually love that we're getting a lot of apartments! They're expensive but I think it will attract those not native to Raleigh so it'll alleviate existing apartment demand by adding competition. I'll miss the character, but it's better than the alternative of rent increasing a lot faster

[@raleigh-durhamnc]

Great perspective! Thanks for sharing!

[@samsl3497]

Love the streams

[@raleigh-durhamnc]

Thank you so much! Hope you can join us live tonight at 7!

[@BryantBaudelaire]

I’m from Nashville and the Raleigh Durham Chapel Hill area feels extremely small to me and slower paste because you can literally fit the entire triangle inside of the city of Nashville lol. It’s a slower pace of life for me and what I’m used to is definitely more suburban in the triangle less populated, but I feel like everything is into one area versus being spread out. I hope Rolley starts to build more skyscrapers because they have a need for them. Otherwise, I think the city will bottleneck.

[@raleigh-durhamnc]

Thank you for sharing your experiences!!

[@johnlabus7359]

Alternate transit and single family homes aren't congruous. These transit stops need dense housing and development to make it work. If someone has to get in their car to drive to the transit stop, it defeats the purpose.

[@raleigh-durhamnc]

Totally agree! Hoping we get more housing proposed downtown in 2024!

[@rodneyjenkins6931]

Are $350k or less real estate available in the Durham or triangle areas?

[@raleigh-durhamnc]

Hi Rodney! That is a great question, though that's below the average price point in the area, there are definitely still options! There are even new construction single family options under 350 in Fuquay-Varina! In Durham, you're primarily looking at older homes that may need some updating or attached homes under 350, but there are gems in there occasionally! Feel free to send us a message anytime for more details.