When it comes to renovating homes for resale, Samuel Lehrer of Miami has spent years studiously following housing trends in the South and keeping an eye out for potential real estate.
Setting his sights on North Carolina, he explains how a unique set of circumstances and appeal has boosted the house flipping market in the state.
Samuel Lehrer of Miami invests in renovation projects that give homes a modern refresher while preserving as much of the original structure as possible. Apart from having a high return on investment, flipping homes ensures that sturdy houses don’t see the demolition and cuts down on construction costs and associated concerns
“Of all the states with great single-family homes for real estate investors to flip, North Carolina proves to have some of the most beneficial all-around perks in the country,” says Samuel Lehrer of Miami. “It’s attracting thousands of new home buyers and potential renters every year.”
North Carolina boasts many great cities such as Raleigh, Durham, and Chapel Hill in addition to a range of natural accommodations. Besides charming Southern rural areas, the state is known for its beautiful beaches, magnificent mountains, recreational opportunities throughout the year, and truly unique culture and vibe.
“Both the east and west markets of the state are flourishing today,” says Samuel Lehrer of Miami. “Whether we’re talking about the outer banks of NC, central NC, or Ashville, NC has become a very desirable place to live for many reasons. Many northerners are choosing NC over Florida, and many who have retired to FL are going partially north to NC for a more simple and laid-back lifestyle.”
The state has all the great recreational activities that outdoorsman come to expect from rural America. Here, people can hike along some of the most beautiful trails in the country, fish down crystal rivers, mountain climb, swim in the ocean, and enjoy a full four seasons. This offers a lot of appeal to people in hot, humid locations like Florida that don’t see many variations throughout the year.
The North Carolina housing market is supported by the state’s solid economy, which hosts many diverse industries like information technology, energy, finance, and biotechnology. The steady economic growth in the area prompts an influx of investors, home buyers, and renters, which means huge opportunities for those who renovate existing properties.
These individual components fuel the larger population increase in the state, facilitate job growth, and help to improve already outstanding features such as education, public transportation, and healthcare. These factors, in turn, drive the high demand for housing and signals a range of opportunities for investors like Samuel Lehrer of Miami who is looking to flip properties.
“Real estate in North Carolina is cheaper than a lot of other states and is witnessing a surge in attraction and home buying,” says Samuel Lehrer of Miami. “Right now, the state is home to one of the hottest real estate markets in the country.”