Fayetteville NC real estate - on the web
Fayetteville NC real estate is a smart and exiting place to be right now. In fact Fayetteville may be the best real estate market in the country. Prices are stable, the area is evolving and the people are becoming more diverse. Fayetteville North Carolina, a great choice!
Ron Allen, Fayetteville NC real estate agent
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Fayetteville NC real estate set for BRAC infusion
If you are thinking to get involved in Fayetteville NC real estate, selling or buying, you're in luck! While the national is market is really taking a beating Fayetteville North Carolina is poised for growth. The Fayetteville NC real estate market is in a bubble, not the bad kind of housing bubble like in the news, but a local bubble that is maintaining the local market prices and keeping them stable.
Why? ,.... BRAC or the Base Realignment and Closure plan, while the military presence has always been a stabilizing factor for the Fayetteville real estate market but BRAC is set to turbo charge it.
Here's why, many bases around the country are closing and their missions are moving to more economical locations. Fort Bragg/Pope AFB NC is one of those locations. The Fayetteville North Carolina area is will absorb about 25,000 additional people within the next 10 years. The average salary in the area is also expected to increase as a result of BRAC.
At about $122,000 for an existing construction home Fayetteville's home prices are well below the national averages. That plus the fact that there is still plenty of space for expansion on Fort Bragg makes the area very attractive.
Bottom line: Fayetteville NC real estate market is set for growth! Continue reading about the best real estate market in America
About Fayetteville North Carolina
The Market House, quintessential icon of Fayetteville North Carolina, built in 1832 on the site of the old State House, which was destroyed by fire in 1831. It was within the walls of the State House that North Carolina ratified the Constitution of the United States in 1789 and chartered the University of North Carolina. Also here North Carolina ceded her western lands to form the state of Tennessee.
The focal point of downtown Fayetteville, the Market House sits in the center of the intersection of Green, Gillespie, Person, and Hay Streets. For decades meat and produce were sold beneath its arches by local farmers, while the second floor was the town hall. Many distinguished visitors have spoken from its balconies. The Market House is one of few structures in America to use this town hall-market style scheme prevalent in England.
Fayetteville North Carolina is the home of the U.S. Army's Fort Bragg, where thousands of elite soldiers serve. Fayetteville's military history spans all of the nation's wars. Yet, Fayetteville's citizens offer gracious southern hospitality and charm.
Fayetteville was one of 10 cities in the United States in 2001 to receive the coveted "All-America City" award from the National Civic League. Fayetteville has in fact been thought of as "All American" since the early days of the 82nd infantry, todays 82nd Airborne.
Just about 2 and a half hours from the mountains to the west, and about 2 hours to the coast. Fayetteville North Carolina is just off I95 about 1 hour north of the South Carolina border.
