Citrix Employees Will Seek Urban Housing Options in Downtown Raleigh
Raleigh Warehouse District RevitalizationWith the announcement in mid 2012 that Citrix will locate their headquarters in downtown Raleigh's Warehouse District in 2013, we have been focusing on the demand for housing that it will bring. Lisa Southern Real Estate and Property Management has the pulse on all things downtown Raleigh. Whether you are looking for a rental or you would like to buy in one of the area's newest loft style condos or even purchase a historic property, we are here to help.
Our offices are located in downtown Raleigh and we live and work here. We frequent all the local restaurants and small businesses. We understand the lifestyle options here and can help you make the best choice in housing to meet your needs.
There has been no better time to get in the real estate market in downtown Raleigh. Only in recent years, downtown Raleigh has begun a transformation into the trendy, hip and urban Metro is it becoming. Several luxury loft condo developments have sprung up and there are more in the works. There are still areas of historic homes that are ripe for renovation. With the downturn in the market, prices are down from years past. But, low rates and an improving economy are enticing buyers back into the marketplace.
The fact that Citrix and RedHat, along with many other small and large companies, have chosen to do business here tells you something about the future of the city. Compared to many Metro areas, Raleigh offers many more housing options and prices are relatively low.
With such increased demand, we foresee property values rising in this market - possibly faster than other areas of the Triangle. Supply and demand! As an investor, the time is now to get in on the market and offer prime rental properties to well qualified tenants in this market. We provide property management services too, so managing from out of state is a breeze.
Scheduled for late 2013, the completion of the new Citrix facility in the Warehouse District will bring an influx of Citrix employees seeking urban housing options and jobs at Citrix.
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