Durham, North Carolina, is the county seat of Durham County and is located in the north-central part of the state. Part of the Research Triangle that includes the cities of Raleigh and Chapel, Durham is home to two major universities: Duke and North Carolina Central. These schools, along with many other employers, attract people from all over the U.S. and around the world. The following are some of the top reasons why home buyers are willing to brave the competitive real estate market to buy a home in Durham.
Durham is known for having friendly neighborhoods that function as small, supportive communities within the city. Various neighborhoods cater to different types of residents, such as students, young adults, older adults, and families. For example, check this neighborhood that is full of spacious, modern single-family homes within walking distance of parks, shopping, and entertainment.
A Diverse Community
Diversity makes life interesting, and it’s one of the attractions of Durham. People who live in ethnically mixed communities enjoy a rich cultural life and develop a broad perspective on their own culture and history, according to realtimecampaign.com Durman is more diverse than any other city in N.C.
Lots Of Employment Opportunities
Thanks to several large employers, there are plenty of job opportunities in Durham. Employment is perhaps the number-one reason why newcomers buy homes in the city. According toSaussy Burbank, many Durham home buyers have jobs in the Research Triangle Park, the largest research park in the U.S., with more than 55,000 employees.
A Thriving Local Food Scene
When residents of Durham talk about what they love most about their city, the local restaurant scene always comes up. Foodies and craft beer enthusiasts will find plenty of interesting places to eat and drink. Local chefs serve traditional Southern cuisine and both types of North Carolina barbecue (vinegar-based and sweet). Local restaurants also offer cuisines from around the world, including Asian, African, Central American, and South American.
Another major attraction of Durham is the cost of living, including housing prices. In particular, people from the northeast and the west coast can find new, beautifully designed homes for a fraction of what they would pay in other cities. However, the housing market is competitive for buyers right now. Americans Want Homes, but There Have Rarely Been Fewer for Sale.
Finally, sports fans can find plenty of games to cheer on in Durham, thanks to Duke, NC State, and UNC. Football, basketball, and baseball are the sports with the most fans, and there are games all year round. The state also has a hockey team.
Durham is a popular destination for students, workers and their families, and retirees. In addition to all the reasons mentioned above, the weather is excellent, with many warm days and mild winters. Homes in Durham appreciate significantly, making real estate a sound investment.