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It appears that North Carolina will be home to the infamous Bernie Madoff, who was delivered to the State Facility in Butner NC today July 14Th.
While I'm sure he had little say in the matter, there are worse places he could have gone and probably should have. So whats Butner NC like? I hear you ask!
Situated about 30 miles north west of Raleigh NC, it has a population of approximately 6000. It has a nice prison, and was once considered a contender by the Dept. of Homeland Security to build a $450 million 520,000-square-foot Bio- and Agro-Defense Facility. The median house value in 2007 was $135,264 while in North Carolina it was $145,700. It is right next to beautiful Falls Lake and probably 20 minutes to Durham.
http://maps.google.com/maps?q=butner+nc&oe=utf-8&rls=org.mozilla:en-US:official&client=firefox-a&um=1&ie=UTF-8&split=0&gl=us&ei=xNZcStrgBIjSM4Tg4b8C&sa=X&oi=geocode_result&ct=title&resnum=1
While Bernie gets to live rent free in Butner, North Carolina is known for it's affordable housing which despite the easy money flying around in past years, did not experience the run up in prices that other places around the country did did.
We are however not immune from the fall out and the number of home sales compared to a couple of years ago is staggering.
The triangle area which now encompasses a lot of fast growing towns is still on the move, all be it at a slower clip. recently the town of Apex, North Carolina was ranked 3rd in the country of places to move to by Forbes magazine. Cary, North Carolina was the 3rd fastest growing city in the country from 2007-2008 while Raleigh came in 8th.
Again the factors that drive the growth are, good jobs, affordable housing, more house for your money, good schools. We have a lot of folks retiring here because of their kids moving here and because of the mild climate.
The triangle is mid way between the ocean and the mountains which makes it a great place to live also.
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Southerbys, Creedmoor - The 2 story at 2575 Primrose Lane has been SOLD!! ![]()

Amazing 2 story in Southerby's in Creedmoor has SOLD! For more information on how I can help you get your home sold please feel free to email me or call! You can also visit my website!
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919.649.6128 - direct and txtmsg
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Granville County NC Relocation - Property Taxes
That's a very common question when considering purchasing a home in Granville County, NC.
Whether you're considering relocating from one side of the Triangle to the other, are relocating to Fort Bragg, or are coming to the Raleigh area from Florida, New Jersey, New York, or elsewhere, you've probably wondered what the yearly property taxes might be for your new home.

Granville County is just north of Wake County, and just northwest of Durham County.
Lower land costs make this county an attractive place for many homebuyers looking to have some land of their own, particularly for those looking for wooded acreage.
Creedmoor is quite popular - just a few minutes from Falls Lake State Park, with easy access to Durham and Raleigh.
Ask your real estate agent what fire district or town limits the property resides in.
This chart shows the 2008/2009 Granville County property tax rates.
If you are relocating to a home inside a town, the tax rate will be slightly higher. If your new home will be outside of town boundaries, the tax rate can be extremely low.
The county rate usually gets combined with either the fire district rate or the town rate, depending on where the home for sale is located.

What do all those little numbers mean? It's actually not as hard as it looks.
This will give you the yearly tax amount, per 2008/2009 rates.
And just to give you an idea, here's a table of sample yearly tax payments for different sample assessed home values.

This table gives sample property tax bills for all the towns and districts in Granville County, NC: Oxford, Creedmoor, Stem, Stovall, and Butner. Your tax bill can be lower if your home or property is not actually within a municipality, or town.
For 2008-2009, the district tax rates vary from .755% to 1.48%. There is no guarantee that tax rates will remain the same - check the Granvilla County Property Tax page for most recent information.
Tax rates are based on the assessed value, not the actual sales price of the home. If there is a discrepancy between the assessed value and the asking price of the home or lot, don't be afraid to ask your real estate agent to pull comps for you. Assessed values are not always aligned well with market values, as assessments are often made several years apart.
Compare property tax rates in Granville County to other Research Park Triangle counties here:
Raleigh and the Triangle Area
Whether you're looking at relocating to Raleigh to start your career, to find a friendly place to raise a family, or retiring in a terrific climate, Raleigh and the Research Park Triangle has something to offer you. Great schools, Forbes rated #1 in 2007 for Businesses and Careers, lots of lakes and golf courses, top-rated cultural centers, universities, and hospitals - and all only two hours to the ocean and three hours to the mountains - it's no wonder that Raleigh is a "Best Place to Live"!
Chatham County Relocation Package - January 2009 - Moving Near Chapel Hill, Carrboro, Jordan Lake, Apex, or Pittsboro?
Raleigh Relocation Package January 2009 - Moving Kit for Raleigh/Durham/Chapel Hill
Stanton Homes for Heroes Military Discount
View Photos of Triangle Area Communities
All information current as of posting date. Please check county website for any updates.

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Yea! Yes. Listing appointments.
i am of course excited. I have booked a listing appointment.
What you have done in your past will pay off.
I received an email asking me if I would like to help sell a home. Well, OK I was over there about 3 months ago and gave them a long laundry list of what it would take to make their home marketable for the best return.
I am so excited to go back and see what they have completed and help them sell their home.
Regardless of what the media is saying out there. People still need a place to live. They need a roof over their heads. Interest rates could not be better and home prices are a great value. I know others would still like to see the price come down. I myself would like to see them go up. I want to see the equity in my home increase and not decrease.
Either way, I am excited about the listing. I am hoping it will be under contract in less than 60 days so they can move on with their lives. Isn't that what it is about. Own a place make some equity and move on?
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New Construction - Builder building a Spec Home in Wake Forest NC!!!
One of my Builders has been breaking ground for the past week. He's starting a spec home his 1st spec home in 18 months.
For the past 18 months he has been doing
Over the Thanksgiving dinner he realized "enough is enough"
In order to get the economy he could not sit around and wait. He needed to build, He needed to focus on what he is great at, it was time for him to build again. Against the advise of main stream, it was time to draw plans, talk to his Real Estate Advisor and to start producing.
After analysing the data and preparing the financials he is building a 2600 square foot transitional country home. The home is located on Graham Sherron Road in Wake Forest NC 27587, and will be listed in a few weeks.
His theory on building a Spec Home in Wake Forest in early 2009, its his duty to keep the economy moving. Instead of buying a flat screen tv he has decided to focus on Real Estate.
Lets buy some Real Estate!!
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