Looking for Custom Homes Near Raleigh NC?

Available Building Lots in Clayton, NC - Bring Your Own Builder

Knolls at the Neuse Offers Building Lots in Riverfront Community - Starting at $80,000

Looking for a great neighborhood to build a home near Raleigh, NC?

Knolls at the Neuse is promoted as a riverfront community on the Neuse River, just southeast of Clayton NC.

Custom homes are currently in the $250s to $380s.

Homes in Knolls at the Neuse range from about 2400 to about 3300 sq ft.

Exterior siding is a mixture of vinyl, vinyl and brick, hardiboard (fiber cement) and brick, and all brick homes.

There are currently 15 building lots to choose from.

Lot sizes range from .50 to 1.4 acres, with most lots in the .5 to .75 acre range.

Unusual for a community with larger lots, Knolls at the Neuse does offer county water and public sewer, so no septic or well is needed.

An optional tennis, swim, and fitness center is planned for a later phase of the community.

The Knolls at the Neuse is just over a mile from the Neuse Golf Club, and just 3.5 miles from the Riverwood Golf & Athletic Club in Clayton.

Clayton NC is a popular place to live near Raleigh, but with a slower pace of living.

2 lots are available at $80,000 - lots #28 and 50.

4 lots are available at $85,000.

3 lots are available at $90,000.

4 lots are available at $95,000.

3 lots are available at $100,000. These are the larger lots, with 1.04 to 1.4 acres. MLS #947764 is lot #45, at 1.4 acres.

Directions:

From Raleigh, take I-40 E, then exit 306 for US 70 to Clayton. Turn left on NC-42 East. Turn right at Davis Dr/Glen Laurel Dr. Turn left at Vinson Rd. Turn left on River Knoll Dr.

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Looking for Custom Homes Near Raleigh NC?

Available Building Lots in Clayton, NC - Bring Your Own Builder

McLemore Estates Offers Level Meadow Lots - Starting at $57,500

Looking for a great neighborhood to build a home near Raleigh, NC?

McLemore Estates in Clayton, NC is a newer community, with large meadow and partially wooded lots in a quiet country setting.

Custom homes are in the $350s to $450s.

All homes must be at least 2500 sq ft in size. No modulars allowed.

Johnston County taxes only, no city taxes.

Exterior siding is required to be brick, stone, and/or Hardiplank (fiber cement).

Concrete driveways are required.

Custom homes in McLemore Estates are very well spaced.

Available lots range from .62 to 1.02 acres, and most are noted as level and clear. When building a home, a clear, level lot has lower foundation and lot preparation costs.

McLemore Estates, like most communities on larger lots, requires septic systems. However, county water is available on site.

Builder and floorplan must be approved by developers of McLemore Estates.

2 lots are available in McLemore at $62,500 (MLS #1610574 & 1607264).

3 building lots are available at $59,500 (MLS #1610581, 1613307, 1614109)

3 building lots in McLemore Estates are available at $57,500 (MLS #1614124, 1610584, 1610586)

Contact us or call 919-278-8070 for more information.

Directions: From Raleigh NC, take Hwy 40 south. Turn left on Cleveland Rd. Turn right on McLemore Rd.

McLemore Estates is in the Willow Springs area of Johnston County, with a Clayton address.

Very close to I-40, I-95, US 70, and US-70 Bypass.

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Looking for Custom Homes Near Raleigh NC?

Available Building Lots in Clayton, NC - Bring Your Own Builder

North Fort Offers All Brick Homes on Acreage - Lots Start at $34,000!

Looking for a great neighborhood to build a home near Raleigh, NC?

North Fort in Clayton, NC is an all-brick community with gently rolling meadow and wooded lots, a pond, and much more.

Homes are currently selling in the mid $200s to the mid $500s.

Homes in the neighborhood range from about 2100 sq ft to about 4200 sq ft.

All new construction must be at least 2500 sq ft.

Amenities vary depending on price point of home.

Some lots are suitable for daylight or walk-out basement homes.

The North Fort community has been slowly built since 2000.

As in most communities with larger size lots, well and septic are required.

HOA fees are only $65 per year for most homes, or about $5.50 per month.

Available lots range from .81 to 1.38 acres.

Eight lots are currently available at $39,000 - one of the best values in the area for about an acre of land in an established community.

North Fort lots 74, 75, 76, 89, 90, 91, 95, and 101 are listed at $39,000 each.

Contact us or call 919-278-8070 for more information.

In addition, there are 5 pond view lots available at $69,000 each.

There are also two additional lots available in North Fort, offered at $59,000 and $55,000.

Home plan and builder must be approved by the developer.

Some lots are wooded - this is Lot 89.

Directions:

From Clayton NC, take Hwy 42 East about 5 miles (past the Neuse Golf Club). Turn right on Buffalo Rd, then left on North Fort Rd.

Clayton is a popular area for commuters to downtown Raleigh, with easy access up Hwy 70 and Hwy 40.

North Fort is only 5 minutes from shopping in Clayton, NC.

Schools: River Dell Elementary, Archer Lodge Middle School, and Clayton High School, all of which have high rankings.

You may also be interested in:

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Responding to the News & Observer:

Stacey Anfindsen Shares More Accurate Depiction of Market and Five Reasons Not to Panic Over Local Home Prices

In response to the main headline in the 10/27/08 N&O, I am presenting facts to contradict

the headline, which is yet another attempt to scare local readers by using data from selected national

sources. The writer states five reasons; crashing home prices, investor speculation, complex

investments, job losses and repeat delinquencies. I will respond to each of these to provide some local

perspective.

1) When analyzing our market, I look at data from the counties of Wake, Durham, Orange and Johnston.

Within this market, the average closed price of all housing is up 8% and the average closed price of

resale housing is up 6%. House price appreciation, which compares the two most recent sales prices of

the same house , is an area where the Triangle outperforms the national market. Our current rate of house

price appreciation in the Triangle is just over 4%. This rate beats the state (+3.6%) and national rates

(-4.5%).

2) The Wake County Revenue Department reported +/- 21,000 closed sales within the past 13

months. Roughly 5% of these sales were purchased by buyers from out of town, a huge difference

compared to the 20% rate nationally.

3) It is almost impossible to track what percentage of local purchases were made via the subprime loan

mechanism. Per the FHFA mortgage metrics survey for the second quarter of 2008, 17% of all

outstanding mortgages in the U.S. are rated as subprime. Therefore it would be hard to argue that a

majority of house purchases were made via this mechanism.

4) Job losses are real both nationally and locally. The Raleigh/Cary/Durham MSA did not have a

workforce increase comparing 8/08 with 8/07 for the first time since the 8/01 versus 8/00 period.

5) The mortgage metrics survey reveals some additional information regarding the national mortgage

market. They surveyed over 30 million outstanding loans in the Fannie Mae and Freddie Mac system and

found that 98.6% of these loans were rated as current. They also state that foreclosure proceedings

were initiated on 432 homeowners per day during the second quarter, a big difference from the 2,700

per day figure stated in the lead paragraph. There are currently +/- 14,000 listings within the four county

area in TMLS. Roughly 3% of these listings are classified as foreclosure, bank or corporate owned. I have

been tracking the residential market within the Triangle for over 20 years. The foreclosure market has

always accounted for a very small percentage of activity.

Our current market can be summed up with my version of the good, the bad and the ugly;

The Good

• Third quarter closings were the 6th highest in history
• Current supply of 8 months is lower than national current supply of 11 months
• Average house price appreciation is superior to state and national rates
• Average re-sale sales price +6%, average overall sales price +8%, average list price +2%
• Houses priced correctly have sold in an average of 55 days

The Bad

• Overall inventory grew 7%, making 2 consecutive months of less than 10% growth
• Withdrawn listings increased 2% compared to 9/07

The Ugly

• 29 consecutive months of inventory growth, 20 consecutive months of lower pending sales
• 63% of all price points have an oversupply of housing product
• 9/08 expired listings were 227% higher than 9/07 expired listings

A survey of Wake County house purchases where the house was purchased and then re-sold within

the past 12 months reveals a median percent per gain of 0%. I think that is pretty impressive

compared to what is happening in the national market.

As we have seen during 2008, our local market is not immune from happenings in the national

market. Our biggest challenges during the fourth quarter of this year and into next year are to grow

the workforce and cut down on the number of price points with an oversupply of housing.

Information provided by Raleigh Regional Association of Realtors and Birch Appraisal Group of Cary.

A few years ago I had my first experience with the Johnston County Parade of Homes. If you know me, you know (almost immediately) that I love to talk, so having prospective homebuyers come to my open house by the dozens was a dream come true! I love leading tours, answering questions, and showing off our product!

Although the media continues to shout "recession" and the economy is at the top of everyones mind it was a pleasant surprise to have a rush of "lookers" during the parade of homes this past weekend. No sooner than I unlocked the door on Saturday and tied on the last balloon, the guests began to arrive. Myself and another agent spent the weekend showing our parade home to approximately 90 people..I will say again 90 people, in 2 days!!

From speaking with many different people in many different situations it seemed apparent that their are still people looking for their dream home, some are looking for deals, a few are considering building, and many just want to see what the local builders have come up with this year. Overall it was a very productive weekend that left me with an incredibly optimistic view of the upcoming market.

I am patiently awaiting the weekend to come, but unlike most, I am looking forward to working! I have stocked up on more refreshments and cannot wait to start the parade party again.