Towns Like this are Shattering the Market! (329% Increase)
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- Опубликовано: 26 июл 2023
- How do you know when real estate prices are going to skyrocket in a town…..before they actually do? I’m here to tell you that towns leave clues of their future growth and we can learn what might happen in a small town, by analyzing the growth of towns that have already blown up. In today's video we’re going to analyze the growth of Holly Springs, North Carolina, a town that has experienced a 329% growth rate over the last 20 years. And it’s not for the reasons you might think.
#hollyspringsnc #ellenpitts #shatteredthehousingmarket
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My name is Ellen Pitts and I am a Raleigh NC Realtor, and founder of Harmony Realty powered by the Compass real estate platform. My team would love to help you with your move in the Raleigh area or we would be glad to refer you to one of our partner agents throughout North Carolina! Schedule your free home buying or selling consultation with me and my team here: ellen.pitts@compass.com
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Ellen Pitts
cellenpitts@gmail.com
📞C:919.725.1885 
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If there are other towns you would like to see me analyze, comment here! And if you need to schedule a call to talk to me about your move, you can schedule on my calendar here: calendly.com/ellen-pitts/initial-consult
Ellen: we moved in to our new home in Pinehurst on 24 APR 2023, and LOVE this state and this village. Now I am looking for investment possibilities in Moore County, or in between Moore County and Wake County (Lee & Harnett counties); specifically for land that will appreciate in value over the next 5-10 years. Based on your analysis of Holly Springs, do you foresee any towns/villages in the southwest growing? Routes 1, 501, 421... Sanford, Carthage, Vass, Cameron, Lillington, etc?
Next question: do you do land and commercial in addition to residential and what counties do you cover in your work?
Thanks!! Mark Polansky, Sr.
wow, a realtor that actually does some research. only an introvert puts forth that kinds of effort.
I am west of Charlotte. I like your style.
Keep up the good work!!
Thank you!! (Right on with the introvert accusation!! 😅)
Great review and understanding of factors driving growth in different towns. The Holly Springs leaders had a lot of vision and persistence! Thanks!
Glad you enjoyed it!!
Thx Ellen for the informative video. Just moved to Holly Springs from the Pacific Northwest.Same dynamics in my former town as Holly Springs. It was an amazing transformation from a sleepy little town to major bio tech hub.Bought our 1700 sq ft home in 1994 for 170K and sold it in April 2023 for 982K. The town went from a small 1950’s style Main Street to a world class Town Center hub. Brought in the young people and higher income earners. Yes, the unfortunate flip side to major growth is higher population density and increase in property taxes. But the opposite is far worse. I’ll take the former. Property owners in Wake county will be the beneficiaries someday of this sensible planned growth and increase in property values. Wake county has it good folks. Enjoy the ride!
Wow that’s incredible!! Do you mind sharing the name of the town you moved from? I’m wondering if doing videos like this about other areas might be interesting to people as well.
Bothell, WA. About 20 miles north
Is Seattle.
Great analysis! I never thought about how these sort of factors shape growth.
It’s fascinating isn’t it?? I’m going to be doing more of these about different towns because I think people find them useful and interesting and honestly it’s just fun to do the research!
Thanks for great vedio do you think wake forest is going to be like holly spring?
Wake forest has definitely grown a lot. It has a different profile than holly springs because of the lake and the college. And off the top of my head, home prices are already similar to holly springs. I’ll have to do some research to really get a good idea of where the town is going. It’s a great little town though!!
Good video! You mentioned it but Fuquay-Varina seems to have taken off too. Also noticing a lot development going out into Harnett county (parts of FV, Holly Springs, Angier, Willow Springs).. do you think schools in surrounding districts will improve with housing growth for small counties too? Wake is known for being one of the best but I wonder if buying on the fringes of those town that are actually a different county also gets ahead the wave, like the Chatham county part of Cary
I will definitely be addressing Fuquay Varina in a future video. I do think the schools will slowly improve in Harnett County, but Harnett is definitely a bedroom community.
What was with that Holly Springs/ RTP region promo video with the Charlotte skyline?
I actually didn’t catch that!! We just put it in there because it was so cheesy. Lol! Probably some low level marketing person put it in there :)
@ellenPitts Where do you think is next upcoming boomtown? Thanks.
I will definitely be doing more videos about different towns, focusing on where they have outperformed the market and areas that are looking like they will see a lot of future growth.
The dump and nuclear power plant are what make holly springs great.
True story. A year of living here and I had never smelled the dump before. Until I spent a morning at ting park. Whew