Tag Archives: cary nc

Cary & Surrounding Area: AFFORDABILITY

Home Affordability in Cary & Surrounding Area Hits 26.9% This Particular Week

 Home affordability is listed at 26.9% in Cary & Surrounding Area, according to the latest housing data provided by HouseCanary.

Home prices, mortgage rates and household income are important factors in determining the affordability of a home. The Affordability Index measures median household income relative to the income needed to purchase a median-priced house. This week for Cary & Surrounding Area, the data show a household earning the median income here of $62,794 would need to spend 26.9% of their income to afford a median priced home here, which is currently priced at $270,143. The two-year Affordability Index is forecast to be 31.7%.

This predictive analytics report and e-newsletter is part of a new collaboration between HouseCanary and RISMedia in an effort to bring real estate professionals timely and local housing data in thousands of regional and local markets across the U.S. as well as provide RISMedia’s real estate news, information and business development insights of interest to brokers, agents, service providers and professionals serving the U.S. residential real estate industry.

Property lookup: What is the risk of home values decreasing in your area in the next year? Enter a property street address followed by the zip code to find out:

 

USA Today names Cary’s Bond Brothers best new brewery

Several thousand new breweries opened nationwide in the last three years. Bond Brothers Beer Co. in downtown Cary is the best one of them all, according to a new poll from USA Today.

“We’re super-excited,” said Whit Baker, the brewmaster and co-owner. “ I’m so glad that people like us.”

A panel of craft beer experts picked what they said were the 20 best new breweries – defined as breweries that opened in 2014, 2015 or 2016 – so even being named to the list initially showed some insider credibility.

Then people could go online and vote for their favorite. Bond Brothers whipped up community support and beat out breweries from cities like Atlanta, Chicago and the craft beer mecca of Portland, Ore.

See the full list here.

Brothers Jay and Jeremy Bond own the brewery along with Baker and Andy Schnitzer. And although the brewery has only been open for about a year, they had years of experience homebrewing before they decided to turn their hobby into a business.

“We knew we had a good, solid product,” Jay Bond said Friday, after their win was announced. “We did years and years of (homebrewing). We had done festivals, won awards and given away lots and lots of beer over the years.”

They don’t have to give it away anymore. The brewery at 202 E. Cedar St. in downtown Cary is often crowded.  In fact, Bond said, people who show up in the next few days might find a more limited selection than usual since the brewery has been unexpectedly busy.  “We’re actually quite low on beer at the moment,” he said. “We’ve had some really good weekends lately.”

But there’s already lots of new beer brewing for a festival April 1 at the brewery, which Bond Brothers has been planning for a while. Now it’ll turn into a celebration for this new accolade, too.

There will be special beer releases and a show by Durham folk rockers The Mountain Goats. The party will last from noon to 11 p.m. and the Mountain Goats will take the stage at 5 p.m.

BY WILL DORAN, newobserver.com

Call us about this beautiful Cary home for sale!

http://www.tourfactory.com/idxr1692304

Welcome to luxury living in the heart of Cary! This wonderful home is barely lived in and ready for your personal touches. Completed in 2016 with numerous upgrades, this Edinburgh II floor plan is the same as the popular model ..and no longer available!

Entertaining is a delight in a kitchen that is made for parties with stylish white cabinets, expansive quartz counters and upscale stainless steel appliances. Lovely hardwood floors throughout. With open flow to the living and dining areas, this home is perfect for todays lifestyles.
Enjoy your morning coffee at the breakfast bar seating, or move easily outside to the screen porch to enjoy the wooded view and the double-sided fireplace.
The main floor master retreat features a trey ceiling, hardwood flooring, recessed lighting and plantation shutters. Also a large double vanity with ample storage and the oversize shower, plus a spacious walk-in closet. The laundry room has great storage space and a sink.
Upstairs find two bedrooms plus a spacious bonus room. There is also a huge walk-in attic for loads of extra storage.

This home is better than new with interior shutters and blinds installed. Regency offers easy access to walking trails and other recreational opportunities, as well as nearby shopping and restaurants. Walk to Lifetime Fitness or Koka Booth Amphitheater! Enjoy the good life with landscaping and exterior maintenance covered by the HOA. Welcome Home!