Tuesday, November 29, 2011

New Home Construction Picks Back Up In Clayton NC


If you are in the market for a new home consider calling Clayton, NC home. There are plenty of new homes popping up in the area. The established community of Glen Laurel is continuing to add new homes and many other developments are planned for the area. The development of Chandler's Ridge, a single-family home subdivision that sits across from the community of Glen Laurel, was stalled last April when the developer filed for bankruptcy. However, BMV LLC is now making moves to once again start building in the development of Chandler’s Ridge. The 76-acre piece of land that makes up Chandler’s Ridge already has the streets and curbs installed along with the water, sewer and electric. What used to be a model home is the only house in the neighborhood that is occupied.

Another development down the street with plans to build more new homes in Clayton N.C. is Summerlyn. The development has a planned pool, clubhouse and a greenway that will lead to the new off-leash dog park. The developers of the community have been granted 52 building permits. The pool is planned to be open and functioning by Memorial Day 2012.

The inventory of homes on the market in Johnston County is down by 15.6 percent this year when compared with last October. While the exact cause is unclear, one factor may be the number of homeowners choosing to rent their properties versus sell in the current economic climate.

If you are interested in buying or selling a home in Glen Laurel, contact Rodney Geohagan.  The Geo Team is here to help you with all of your real estate needs.  Rodney Geohagan is a certified distressed property expert who has the experience to help you sell your home and is qualified to help you with all options before it is too late.  There are many questions about how the short sale process works and whether a homeowner would be better off selling short or signing over their deed in lieu of foreclosure.  Rodney has the answer and would love to sit down for a confidential review of your options.

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