Pardon Our Glow – LG Real Estate Client Featured

You may have read the recent SMARTMONEY Magazine article about the Triangle real estate market. Just in case you missed it, the article focused on US cities that are going against the trend of rapidly declining home values, epidemic foreclosures and short sales. The article also includes comments from one of our past LG Real Estate clients, Mr. John Minicucci who purchased a beautiful home in Cary’s popular Preston neighborhood.

Key Triangle Factors Identified by SMARTMONEY Magazine

The article went on to identify numerous positive factors that help the Triangle real estate market weather the storm. Below are a few of the attributes we believe positions the Triangle to fair better than most other markets.

  • Job-friendly locale
  • The favorable Triangle desirability – 153 people a day move to the Triangle
  • Stable tech-centric employers in RTP (Research Triangle Park)
  • Higher education magnet. The Triangle is home to many outstanding universities (the largest N.C. State University), area colleges, and county community college (Wake Tech)
  • High growth and appeal of the western side of Wake County including the towns of Cary, Apex and Morrisville where steady home values rule the market.

Why Cary’s Preston Neighborhood?

The article took time to highlight and quote former LG Real Estate client John Minicucci, a technology analyst who recently moved to Cary and closed on his home in the desirable Cary neighborhood of Preston. Our client outlined numerous reasons for selecting his home in Cary’s Preston development. Here are a few reasons why we believe Preston is such a desirable place to call home:

  • Preston is a mature Cary development with historically strong annual appreciation
  • Proper planning and controlled growth in Cary has prevented over building which can typically result in highly discounted properties
  • Abundant elbow room. Preston lot sizes are larger than most other newer Triangle neighborhoods
  • Superior Preston neighborhood amenities. Minicucci sighted the 54 hole chapionship Preston golf course with accessible tee times
  • He also noted the two (2) tennis courts and three (3) neighborhood pools as other desirable features
  • Active and engaged Cary neighborhood. 60% of Preston homeowners are members of the Preston Country Club
  • Excellent Cary public and private schools

Cary’s Visionary Leadership

One of the visionary leaders of Cary and Preston, and the founder of global software giant SAS, Jim Goodnight played an instrumental role in Preston’s development. SAS is a well-respected Cary corporate citizen and ranks as one of the most desirable places to work in America.

Preston Homeowners Soundoff?

I’m sure you have your reasons for buying a home in Preston. Why not share those with the rest of us.

Until next time,

Lenda

P.S. If you are interested in buying a home in Preston or any other Cary neighborhood, click or call us today!