The University of North Carolina opened its doors in 1795, and although we weren't around then, there are still a few homes from the early 1800's. If we'd been around then they probably would've listed with us.
The big housing boom started in the 50's along with the rest of the country. From brick ranch houses to two-story colonials to extraordinary Mid-Century Modern, there are many neighborhoods from that era that surround the campus. In the late 60's and 70s, the Research Triangle Park began to explode and migration into the area started in earnest, accompanied by growth at UNC and Memorial Hospital that kept pace with the increase in intellectual capital. IBM, GlaxoSMithKline and Cisco all have major facilities at the Park. In the late 80's the opening of I-40 from RTP to Chapel Hill was complete and the housing market in Chapel Hill and Carrboro exploded. The repution of the University and the Chapel Hill/Carrboro City School System had tremendous appeal to the professionals moving in to work in one of the 170 companies that operated just 10 miles away.
Whether looking for quaint, tree-lined streets with big yards, neo-traditional neighborhoods with a walkable "village center", or urban high-rise condominium living, there is something for almost everyone. The construction boom came to a crossroads in 2008, but there are still opportunities to create your own new home. Chapel Hill is something of a mecca for retirees too. Carol Woods, The Cedars at Meadowmont, Carolina Meadows, Fearrington Village and Galloway Ridge offer a continuing care environment that allows people to age in place.
At Franklin Street Realty, we understand how tough the home-buying decision can be. The level of experience that we bring to the table is unsurpassed. Give us a call.