tag:blogger.com,1999:blog-41997554199613807692024-02-19T19:25:01.992-05:00Downtown Raleigh DigsTrends, Tips and Info on Living in & around Downtown RaleighHilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.comBlogger62125tag:blogger.com,1999:blog-4199755419961380769.post-46332647554491550232019-02-23T13:53:00.000-05:002019-02-23T13:53:53.609-05:00Shifting activity to Social MediaThanks for visiting the blog! It has been quite a while since anything was posted, but a lot of the content is pretty interesting if you like looking back at what prices were like a few years ago. There are plenty of other blogs and media outlets that cover all the new downtown development, so I don't feel like I need to post about any of that.
Even though I haven't posted lately, I'm Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-54894571222753681292016-01-15T07:00:00.000-05:002016-01-15T07:00:06.287-05:002015 Market Snapshot: Cameron Village and Cameron Park
The Cameron Village area is going to see a lot of changes over the next several years. The two large apartment buildings on the corner of Oberlin and Clark were just the beginning. More apartments are coming on Oberlin, and the Cameron Village small area plan calls for even more density within the Village.
Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-16610719560240796172016-01-14T08:16:00.000-05:002016-01-14T08:16:16.324-05:002015 Market Snapshot: Mordecai and Oakdale
Icons made by Freepik from www.flaticon.com
Icons made by Freepik from www.flaticon.com
Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-85811267770147305282016-01-12T13:13:00.000-05:002016-01-12T13:19:07.004-05:002015 Market Snapshot: Historic Oakwood
Icons made by Freepik from www.flaticon.com
Continuing the review of sales of Downtown Raleigh homes in 2015 by neighborhood, Historic Oakwood had a lower volume of sales with only 7. Still a very popular neighborhood and the homes tend to sell quickly.
Curious to know how your home or neighborhood compares? Send me a note or give me a call.Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-13475187441087372702016-01-12T10:17:00.000-05:002016-01-12T10:37:23.903-05:002015 Market Snapshot: East Downtown Raleigh
With the new year comes lots of analysis of the previous year, and in the past I have focused on Downtown condos only. I'll provide a snapshot of that activity as well, but this year I decided to take a look at all the other areas around downtown.
Icons made by Freepik, Teela Cunningham from www.flaticon.comis licensed by CC BY 3.0
We'll kick off this year with East Downtown. Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-65687034596213563462016-01-05T15:22:00.000-05:002016-01-05T15:22:33.254-05:00Blount Street Commons Wrap upAs we begin 2016, it’s hard to believe that back in 2011 Blount Street Commons was mostly vacant land. Once the major development for the north end of town, the project had stalled during the downturn. When I joined the project it was clear that the market had shifted and that it wasn't likely that the historic homes and lots would be sold as residential. That spurred the Missing Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-42745428506122816062015-01-08T15:42:00.000-05:002015-01-08T15:42:11.545-05:00Downtown Raleigh's Highest 2014 Residential Sales per Square Foot
PNC Plaza Condos
In the last blog post we looked at the most expensive sales in 2014 by price, but another way to evaluate the market is by the most expensive price per square foot. Of the 187 total sales within 1 mile of downtown, there were 17 sales that sold for more than $300/ft.
The top 5 sales were condos, and 4 were at PNC Plaza, which based on previous condo Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-49228093039575914752015-01-05T15:12:00.000-05:002015-01-05T15:12:12.640-05:00Downtown Raleigh’s Top 5 Expensive Sales in 2014
Investors and developers are flocking to Downtown Raleigh and the immediate area as evidenced by the visual changes that the average person can observe through the number of cranes and construction projects. The Citrix building sale and the Crescent Apartment building sale in Cameron Village just broke records. But are residential buyers paying a premium to live&Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-88588015996151810422014-12-30T10:37:00.001-05:002015-01-07T09:30:13.361-05:00Death and Taxes, Indeed. A Summary of the 2014 Preservation Conference.I'm so glad that I attended this year's Preservation Conference in October. First, because I got to tour the future Death and Taxes building, but also because something tells me that there may not be as many exciting projects to talk about in the future. Our tax credits are dying. Touring a new building that will house the Death and Taxes restaurant could not have been more Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-92224957295036888432013-06-12T10:45:00.000-04:002013-06-12T16:03:25.757-04:00Mid-Century Neighborhood Inside the Beltline - Is it on your radar? <!--?xml version="1.0" encoding="UTF-8" standalone="no"?-->
The beginning of the 2013 spring housing market was pretty hectic for just about every Realtor that I know. Multiple offers. Cash deals. Appraisal issues. I wrote at least 5 or 6 offers for several clients before they finally got a house. The news is finally catching on to what those of us close to the ground already know - the marketHilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-22404216915994208602013-01-01T16:02:00.000-05:002013-01-01T16:02:55.699-05:00The Missing Middle: Housing Opportunity for Raleigh
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I recently stumbled across this article about the Missing Middle housing type in cities across America. It was incredibly refreshing to me to find this article because until finding it, I was pretty sure that I was the only person who recognized this missing piece in the housing market (in Raleigh anyway). We have big condo Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com1tag:blogger.com,1999:blog-4199755419961380769.post-67657513401206454542012-09-05T10:59:00.000-04:002012-09-05T10:59:51.445-04:00Living Smarter - Design that SellsSarah Susanka's Not So Big House book was published in 1998, but the concept of living smarter and more efficiently wasn't really new. I think people just forgot how to do it. Or maybe I think that b/c I grew up in a smaller house where we didn't have a choice but to make it work. It was that simple. You made do with the space that you had. But something happened in the 80's andHilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com2tag:blogger.com,1999:blog-4199755419961380769.post-16925713535717474592012-08-10T09:55:00.001-04:002012-08-10T10:42:48.322-04:00What to expect with condo livingI've never lived anywhere longer than 3 years. It's amazing considering I lived my whole life in the same town until going away to college. I've mostly lived in houses, but for the last 2 years it was condos. After living in both I'd thought I'd share my experience for those who may be considering moving to a more urban environment.First, I lived in a 50's building in a third floor walk-up one Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-16559100640055857782012-07-30T11:11:00.000-04:002012-07-31T14:00:42.959-04:00Downtown Raleigh's North End is Booming
A Summary of Recent Activity
The
north end of downtown is primed for growth, with land previously used as parking lots for the State and a few large empty buildings just waiting for something to happen. The first half of 2012
produced an abundance of progress, most notably in the Blount Street Commons neighborhood. The vision of Blount Street Commons
has always been to bring people Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com1tag:blogger.com,1999:blog-4199755419961380769.post-56058198500134568612012-05-15T21:40:00.002-04:002012-05-15T21:40:40.723-04:00Online Resources for Raleigh ResidentsRaleigh continues to win awards for the quality of life and the best place to do just about anything, but one thing that gets overlooked is how savvy the City of Raleigh and Wake County are with online resources. As a Realtor, I'm constantly online looking for property information, and when I go to other counties I am always disappointed at how little they offer online. So I thought it was Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-81859239523977866222012-05-14T10:47:00.001-04:002012-05-14T10:47:31.167-04:00Infill Compatibility StandardsOne of the great benefits of the DLA is being kept up to date on all the development activity. With so much going on all the time, and each project requiring so much reading and and in-depth review, one person simply can't do it all.
Big thanks to Phil Poe who has spearheaded the UDO project. Specifically related to downtown and the immediate surrounding downtown neighborhoods, thereHilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-37908071739335163232012-03-19T11:54:00.000-04:002012-03-19T11:54:08.107-04:00New Digs - My Move to Allen TateI am thrilled to announce that I have joined Allen Tate along with co-workers Peter Rumsey and Debra Smith. Working together, we see continued opportunities for focusing on downtown neighborhoods, where we live, and unique historic, modernist and sustainable housing and communities throughout the Triangle.
A veteran in the real estate arena, Peter is well known for his experience with historic Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-90293086432631233012012-03-14T11:40:00.000-04:002012-03-14T11:40:02.490-04:00You snooze, you lose. Homes selling in days.The start of the new year brought an increase in real estate activity, at least anecdotally. Open houses were busy, and many Realtors that I talk to and work with felt things picking up, but there wasn't really tangible evidence in January to prove anything. Now that we've hit the selling season, things are looking promising!
A quick look at the homes listed since February in the MLSHilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com1tag:blogger.com,1999:blog-4199755419961380769.post-52872575711826150852011-10-25T15:45:00.000-04:002011-10-25T15:45:16.340-04:00Are we there yet? Is real estate going to improve?Each year the Raleigh Regional Association of Realtors provides a seminar on real estate trends. Last year Dr. Michael Walden, economist from NCSU, was part of a panel and he talked about everything from household savings trends to GDP. Last year the takeaway was that until most people can save money for a down payment, or at least get out of debt, we wouldn't see a huge increase in real estate Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com2tag:blogger.com,1999:blog-4199755419961380769.post-3872008184273627692011-10-07T11:18:00.010-04:002011-10-07T16:02:22.289-04:00AIA Residential Architecture TourOn October 2nd the Triangle chapter of the American Institute of Architecture hosted its 2nd annual tour, which was fabulous! I thought I would share a short synopsis of what I saw.
Stevenson-Thrower House 210 E Forest Rd, RaleighMy kids and I walk by this house almost every day on our way to school. I watched the construction from foundation to landscaping so I was super excited to get a Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-79593799566394350222011-09-29T10:47:00.003-04:002011-09-29T10:51:47.199-04:00Welcome New AuthorYou have probably noticed a few new posts on the blog by a guest author, Christine Lewis. Christine and I have been working together since York Simpson Underwood had a downtown presence in 2007. She has tons of energy, knows a lot about Downtown Raleigh, lives in Cameron Park, walks her kids to school, and makes you laugh quite often. She is now an official author of Downtown Raleigh Digs, Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-38011788365048269612011-09-29T09:37:00.012-04:002011-09-29T10:58:05.397-04:002 Great Deals in SE RaleighI recently saw two properties in SE Raleigh that I think are worth checking out:
211 Camden StreetThis house has a nice two-story facade with matching front porches -one off the master suite upstairs, one at the entrance. The floor-plan is open and flexible. I loved rustic texture of the hardwood floors. The kitchen had granite, new cabinets, and stainless appliances. There is a true master Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-83192053882609050952011-09-19T14:56:00.007-04:002011-09-19T15:12:52.450-04:00Looking at Downtown Raleigh Living from a Different PerspectiveThis Week’s Tour of HomesWhen I speak to most people about living downtown, they think of high-rise condo buildings or high density townhomes. My vision of downtown living includes those options, but I also think of all the wonderful historic neighborhoods that surround downtown: Historic Oakwood, Boylan Heights, Cameron Park, 5 Points, Hayes Barton. There are many neighborhoods within walkingUnknownnoreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-63558521442487976622011-09-08T15:06:00.007-04:002011-09-08T16:14:39.558-04:00Property Preview: Founders Row, Palladium Plaza, & OakwoodBackground: As an agent, you're expected to be up to date on the inventory of homes. But I'm not sure that most consumers are aware of this practice. Commonly referred to as "tour," typically an office would dedicate a meeting time once a week to see all the new listings. But with the price of gas and the market downturn, many offices have cancelled this activity. Not here! Regardless of the Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0tag:blogger.com,1999:blog-4199755419961380769.post-89846969317180928442011-09-02T10:28:00.007-04:002011-09-02T11:15:18.633-04:00Raleigh's Creative Class at RiskThe theme for the Downtown Raleigh Alliance 2011 annual meeting was Breaking Ground with the Creative Class. Since then, a few events have also supported the theme, including the recent "Creating a Culture to Attract the Creative Class" event.
The good news? A Creative Class exists in Raleigh, particularly downtown. A few examples:
- Hopscotch Music Festival - this event brings thousands Hilary Stokeshttp://www.blogger.com/profile/14212506115940761171noreply@blogger.com0