Sorry, you need to enable javascript to visit this www.knowyouroptions.com.

URGENT NOTICE: Hurricane Relief Available for Affected Homeowners. Learn More ›

What Makes Raleigh a Hip and Affordable Place to Be?

Dec 7 2015

Long renowned for being the site of three leading universities – North Carolina State University, the University of North Carolina at Chapel Hill, and Duke University – Raleigh, NC is emerging as a haven for young renters looking for a hip and affordable place to live and work.

According to a recent study from Fannie Mae’s Multifamily Economics and Market Research Group (MRG), an estimated 24 percent of Raleigh’s population falls in the 20-34 age bracket – so-called Millennials looking to rent apartments or condos in a city that offers culture, affordability, and high-paying jobs.

Kim Betancourt, director of economics for Fannie Mae, who co-authored the study, cites “improving multifamily fundamentals such as shifting demographics, a surge in job growth, and positive net migration,” for the area’s popularity.

“There’s a lot of culture because there are things to do,” Betancourt adds.

What Do Millennials Want?

Beware of Scams

Learn how to identify and avoid scam artists who promise immediate relief from foreclosure.
 

Find out more »

FAQs

Find the answers to common questions concerning your mortgage and the various options to avoid foreclosure.

Find out more »

Glossary

Visit our glossary of key terms to increase your understanding of the foreclosure options available.
 

Find out more »