Homes in Durham, Raleigh, Chapel Hill and dozens of suburbs and communities form the sweeping variety of real estate in the Triangle. Tech companies are attracted to the area and there have been rumors that even Facebook and Amazon are considering this area for major headquarters and biz centers. What is the impact of this growing technology hub on the local real estate markets of the Research Triangle? Is it on par with Palo Alto? Not at this point but keep in mind that in many areas of North Carolina, the median price of a home is half that of what it cost to buy real estate in Raleigh NC. Obviously, there is a bell that has been rung and you won’t see the trend reversing any time soon if other technology hubs are any example.
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