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In mid-February, Forbes magazine named
the Raleigh-Cary metropolitan area as
the best area in the country for jobs
and job growth.
Jobs drive housing growth,
George Pittman of Ammons Pittman GMAC
Real Estate told the crowd at the Wake
Forest economic summer last week, and
what he sees for the next few years “is
just continued growth.”
Sales in the area have been
affected by slow markets in other areas
of the country, he admitted. “Some,
especially California, have seen some
very dramatic drops in their sales
activity. We’re getting a little bit of
a ripple effect here.” One realtor, he
said, told him she had “eight really
good prospects but they all had
something to sell before they could buy
here.”
Today for the first time
there are four distinct housing markets,
Pittman said. The classics are people
born before 1946, the baby boomers are
the 79 million who were born between
1946 and 1963, the Gen-Xers from the
1970s and 1980s “who are willing to have
a little less house and enjoy life
more,” and the current Gen Y “who are
very ecological, very green-conscious,
and buying more in urban areas.”
Also, “The predictions are
houses have gotten as big as they’re
going to get and in the future they will
be smaller.”
Almost a third of Tar Heels
are going to be 65 or older in a few
years, and many of them fall into two
subgroups. The “half-backs” are people
from the Northeast and Midwest who
retired to Florida and tired of the
hurricanes and crowds. “They like the
weather and the climate.” The second
group is moving to preserve family
contacts. Their children moved to the
Triangle for the jobs, and the
grandparents are moving to be near the
grandchildren.
Wake Forest is positioned to
have some of those homes for job seekers
and grandparents. At the end of January,
the town had approved water tap-ons for
6,891 unbuilt homes.
In February builders pulled
permits for 40 single-family homes and
four townhouses in subdivisions
scattered across the town, which sprawls
from Purnell Road almost to U.S. 401,
from inside Franklin County to the Neuse
River.
The following lists the
permit holder, the type of construction,
the address, the subdivision, the
watershed and the estimated construction
cost. SFD stands for single-family
dwelling.
The shell building below
being erected by Landmark Construction
is for the health park on Rogers Road
behind BB&T bank.
-- Shea Homes, permit
renewal, 405 Vodin St., Heritage North
Phase 1, Smith Creek, $281,681.
-- McCar Homes Raleigh, plan
change for SFD, 2105 Rainy Lake St.,
Stonegate at St. Andrews, Smith Creek,
$429,770.
-- Calvin A. Ray, move
house, 101 Jordan Lane, Lake Forest
Estates, $60,000.
-- D.A. Thomas Construction,
retaining wall, 350 E. Holding Ave.,
Smith Creek, $105,000.
-- Landmark Construction,
shell building, 2824 Rogers Road,
Franklin Village, Smith Creek,
$1,980,172.
-- Creech Construction, plan
change SFD, 1028 Prairie Aster Court,
Wildflower, Smith Creek, $315,000.
-- Imperial Custom Homes,
SFD, 8517 Hempton Cross Drive, Stonegate
Phase II, Smith Creek, $245,000.
-- Lennar Carolina, SFD,
1317 Lagerfeld Way, Thornrose, Smith
Creek, $186,686.
-- Lennar Carolina, SFD,
1312 Lagerfeld Way, Thornrose Phase II,
Smith Creek, $157,415.
-- Lennar Carolina, SFD,
1316 Lagerfeld Way, Thornrose Phase II,
Smith Creek, $131,314.
-- Lennar Carolina, SFD,
1308 Lagerfeld Way, Thornrose Phase II,
Smith Creek, $179,251.
-- Grant Inc., SFD, 304
Bishop Falls Road, St. Ive’s, Richland
Creek, $525,000.
-- Parker & Orleans,
townhouse, 1247 Legacy Greene Ave., Mews
at Legacy Green, Smith Creek, $83,850.
-- Parker & Orleans,
townhouse, 1245 Legacy Greene Ave., Mews
at Legacy Green, Smith Creek, $91,050.
-- Parker & Orleans,
townhouse, 1244 Legacy Greene Ave., Mews
at Legacy Green, $91,050.
-- Parker & Orleans,
townhouse, 1246 Legacy Greene Ave., Mews
at Legacy Green, $91,050.
-- Murdock-Gannon, SFD, 9701
Corktree Court, Shearon Farms, Smith
Creek, $210,000.
-- Bock Construction, SFD,
1617 Strategy Way, Bishop’s Grant, Smith
Creek, $265,000.
-- Braswell Construction,
SFD, 1200 Heritage Heights Lane,
Heritage Heights, Smith Creek, $500,000.
-- First Metropolitan
Mortgage, walk-thru, 853, Wake Forest
Business Park, $0.
-- Carolina Sunrock,
retaining wall, 5043 Unicon Drive, South
Forest Business Park, Smith Creek,
$40,000.\
-- Colson & Colson,
construction trailer, 1151 S. Main St.,
$0.
-- Drew Builder, SFD, 10013
San Remo Place, Porto Fino, Richland
Creek, $300,000.
-- St. Lawrence Homes, SFD,
5969 Jones Farm Road, Northampton, Smith
Creek, $186,493.
-- St. Lawrence Homes, SFD,
6312 Ridgemount St., Northampton, Smith
Creek, $0.
-- Adrian Galeano, SFD, 216
Spring Park Road, Spring Park, Richland
Creek, $90,000.
-- Centex Homes, SFD, 8944
Cornwell Drive, Dansforth, Smith Creek,
$177,800.
--Linda Brodie, add porch
410 Sixth St., Smith Creek, $25,000.
-- Patterson McClain,
construction trailer, 11420 Capital
Blvd., Shoppes at Caveness Farms, $0.
-- Williams Custom Builders,
screen in deck, 1409 Lindenberg Square,
Thornrose, Smith Creek, $10,000.
-- Legacy Custom Homes,
screen in deck, 1416 Heritage Links
Drive, Heritage, Smith Creek, $8,000.
-- Rodney Farlow, complete
bonus room, 952 Jones Wynd, Crenshaw
Manor, $20,000.
-- Homes by Dickerson,
complete attic, 1512 O’Brien Court,
Heritage, Smith Creek, $20,000.
-- Juan Pineda Sanchez,
screen porch addition, 9417 Philbeck
Lane, Margot’s Pond, Smith Creek,
$2,000.
-- Drew Builder, SFD, 9929
San Remo Place, Porto Fino, Smith Creek,
$300,000.
-- Oak City Homes, SFD, 513
Holding Oaks Court, Holding Oaks,
Richland Creek, $200,000.
-- K. Hovnanian Homes, SFD,
1309 Lowenstein St., Richland Hills,
Franklin County, $113,983.
-- McCar Homes, SFD, 3701
Willowstone Lane, Stonegate at St.
Andrews, Smith Creek, $292,030.
-- Bock Construction, SFD,
1613 Strategy Way, Bishop’s Grant, Smith
Creek, $250,000.
-- St. Lawrence Homes, SFD,
1101 Litchborough Way, Northampton,
Smith Creek, $228,977.
-- St. Lawrence Homes, SFD,
6004 Jones Farm Road, Northampton, Smith
Creek, $184,604.
-- Centex Homes, SFD, 9021
Willington Place, Dansforth, Smith
Creek, $197,400.
-- Centex Homes, SFD, 1316
Vanagrif Court, Heritage North Phase 1,
Smith Creek, $161,800.
-- The Drees Home Company,
SFD, 1517 Green Mountain Drive, Bowling
Green Phase 2-A, Smith Creek, $230,045.
-- St. Lawrence Homes, SFD,
6308 Ridgemount Drive, Northampton,
Smith Creek, $201,403.
-- St. Lawrence Homes, SFD,
6042 Clapton Drive, Northampton, Smith
Creek, $222,249.
-- Ammons Building
Corporation, construct amenity building,
1037 Marshall Farm St., Wildflower,
Smith Creek, $618,000.
-- Ammons Building
Corporation, retaining wall, 1037
Marshall Farm St., Wildflower, Smith
Creek, $65,000.
-- W.E.B. DuBois Community
Development Corporation, walk-thru, 150
N. White St., $0.
-- Ammons Building
Corporation, commercial fitup, 3115
Heritage Trade Drive, Heritage Business
Park Phase 1, Richland Creek, $65,000.
-- Grant Inc., commercial
fitup, 5101 Unicon Drive, South Forest
Business Park, Smith Creek, $20,000.
-- Murdock-Gannon
Construction, deck, 9700 Rainsong St.,
Shearon Farms, Smith Creek, $11,000.
-- Centex Homes, SFD, 9052
Linslade Way, Dansforth, Smith Creek,
$148,700.
-- St. Lawrence Homes, SFD,
6029 Jones Farm Road, Northampton, Smith
Creek, $198,443.
-- Homes by Dickerson, SFD,
501 Lolley Court, Heritage Heights,
Smith Creek, $262,500.
-McNeill Burbank Homes, SFD,
945 Coral Bell Drive, Heritage, Smith
Creek, $135,000.
-- Lawson Kedzierski,
detached garage, 705 Durham Road, Smith
Creek, $15,000.
-- Beazer Homes, SFD, 233
Plott Hound Lane, Austin Creek, Smith
Creek, $158,000.
-- Ammons Building
Corporation, commercial fitup, 1839 S.
Main St., The Factory, Richland Creek,
$2,100.
-- Suddenly Slimmer of Wake
Forest, walk-thru, 934-G Durham Road,
Richland Creek, $0.
-- Robuck Homes, SFD, 1616
Heritage Links Drive, Heritage, Smith
Creek, $220,000.
-- Parker & Orleans, sales
trailer, 108 Forbes Road, Reynolds Mill
Phase 1, Richland Creek, $20,000.
-- K. Hovnanian Homes, SFD,
1408 Merrilow Court, Richland Hills,
Franklin County, $155,182.
-- Amy Winstead, deck
extension, 3924 Forgotten Pond Ave.,
Heritage South, Smith Creek, $1,000.
-- C.H. Construction, sales
center/model, 1143 Blue Bird Lane,
Villas of Wake Forest, Richland Creek,
$2,325.
-- C.H. Construction,
showroom, 1159 Blue Bird Lane, Villas of
Wake Forest, Richland Creek, $2,325.
-- Brien Taylor, walk-thru,
8705 Green Apple Court, Carriage Run,
$0.
-- Kathryn Brisard, deck
extension, 1205 Clatter Ave., Crenshaw
Hall Plantation, Richland Creek, $2,500.
-- Mike Wilson, deck, 1312
Shirehall Park Lane, Northampton, Smith
Creek, $4,000.
-- Michael and Parker
Schlink, detached garage, 375 N. College
St., Smith Creek, $25,000.
-- Engineered Construction,
commercial fitup, 3325 Roger Road Suite
101, Heritage, $85,000.
-- Centex Homes, SFD, 1301
Vanagrif Court, Heritage North Phase 1,
Smith Creek, $169,600.
-- K. Hovnanian Homes, SFD,
1213 Partington St., Richland Hills,
Richland Creek, $135,594.
-- K. Hovnanian Homes, SFD,
1209 Partington St., Richland Hills,
Richland Creek, $143,424.
-- K. Hovnanian Homes, SFD,
1208 Birkstone Court, Richland Hills,
Richland Creek, $113,135.
-- Biltmore Homes, SFD, 552
Clifton Blue St., Heritage North Phase
II, Smith Creek, $250,000.
-- H.J. Morris Construction,
SFD, 400 Gambit Circle, Bishop’s Grant,
Smith Creek, $236,033.
-- J.W. Land & Homes, finish
basement, 3109 Polanski Drive, Caddell
Woods, Smith Creek, $11,000.
-- BRFS Construction,
retaining wall, 2801 Crusher Run, South
Forest Business Park, $5,000.
-- Philip D. Burton,
walk-thru, 123 Capcom Ave. Suite 1,
Capital Commerce Center, $0.
-- Kent Duke Construction,
renovations, 848 N. Taylor St., Smith
Creek, $42,000.
-- Ryan Knopfle, complete
bonus room, 728 Holding Ridge Court,
Bennett Park, Richland Creek, $5,000.
-- Foy Workman Construction,
communications building, 818 Blue Bird
Lane, Villas of Wake Forest, Richland
Creek, $0. |
