Abberly Woods Apartment Homes

5301 Roundstone Way, Charlotte, NC 28216
Call: 833-392-5643 (704) 597-7192 Email UsAbberlyWoods.PropertySite.HHHunt@aptleasing.info View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$883-$1,200

Apartments Charlotte NC Blog

North Carolina: Where Millennials Are Moving

Joseph Coupal - Tuesday, August 14, 2018

Abberly Woods, Charlotte, NCAccording to Pew Research Center estimates there are around 71 million millennials in America and they are expected to surpass the number of baby boomers in 2019. That makes millennials a coveted generation for cities looking to bolster their workforce and tax base. But millennials are notorious for their quixotic preferences and figuring out where they will head to next can be difficult. It’s a worthwhile undertaking though: where millennials decide to move has enormous impact on local markets, from the cost of a mortgage to whether or not you will be able to find a good avocado toast in your neighborhood.

SmartAsset used Census Bureau data to find out where are millennials moving. To track millennials’ mobility, we looked at immigration and emigration data from the U.S. Census Bureau for 217 cities. Check out our data and methodology below to see where we got our data and how we put it together to create our final rankings.

Key Finding

Big Apple no more – New York took the bottom spot on this list again. In particular residents seem to be leaving the city to venture into other states. In total around 69,200 residents moved to New York from out of state while nearly 95,000 left the Big Apple for another state.

The States Where Millennials Are Moving

7. North Carolina

The South makes up the rest of the states in our top 10. The no. 2 ranking state is Texas, with a net influx of nearly 34,000 millennials, followed by Virginia which gained 18,300 more millennials than it lost. Georgia, North Carolina and Florida round out the top 10. Georgia saw its population of millennials increase by 17,600, North Carolina saw a net influx of just under 10,000 millennials, while Florida received just under 7,200.

For more information apartments in Charlotte, NC contact Abberly Woods.

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smartasset.com


Charlotte Ranked Among Best Cities In America For Young Professionals

Joseph Coupal - Wednesday, August 08, 2018

Abberly Woods, Charlotte, NCThe Queen City is now ranked as one of the top cities in America where contented young professionals live, according to online career site Careerbliss.com.

The site analyzed thousands of employee generated reviews from hundreds of American cities to compile the list.

A ‘young professional’ was defined by CareerBliss to mean an employee with less than 10 years’ experience in a full-time position. They were asked to rate eight factors that are thought to happiness the most, including; growth opportunities, compensation, benefits, work-life balance, career advancement, senior management, job security, and whether or not they would recommend their job to others.

They valued each factor on a five-point scale and also indicated how important it was to their overall happiness at work. The numbers were combined to find an average rating of overall employee happiness for each respondent and then sorted by location to find which cities had the happiest workers.

Charlotte came in 4th place. The Queen City generated a total score of 3.63 (only two tenths lower than first place Redmond, WA’s score of 3.83).

For more information on apartments in Charlotte, NC contact Abberly Woods.

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charlottestories.com


Charlotte, NC is a Great City to Start a Career

Joseph Coupal - Monday, July 30, 2018

Abberly Woods, Charlotte, NCDeciding where to lay the foundation for a long and prosperous career can be a tall order, especially for recent graduates entering the job market for the first time. After all, there are many factors — job-market saturation, housing affordability and commuter-friendliness, for instance — to consider about each prospective area. The market is ripe for new graduates, though, with an unemployment rate of only 4.1 percent as of March 2018. And employers plan to hire 4 percent more graduates from the Class of 2018 than they did from the Class of 2017.

Starting a career doesn’t need to be that difficult or intimidating. WalletHub compared the relative market strength and overall livability of more than 180 U.S. cities to help recent college graduates find the best cradles for their budding careers. We examined each city based on 27 key metrics that range from the availability of entry-level jobs to monthly average starting salary to workforce diversity. A complete breakdown of our findings, a detailed methodology and expert career advice can be found below.

Charlotte, NC

Overall Rank: 38
Total Score: 52.32
Professional Opportunities Rank: 54
Quality of Life Rank: 17

For more information on apartments in Charlotte, NC contact Abberly Woods.

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wallethub.com


Charlotte: Best Places People Are Moving to in 2018

Joseph Coupal - Wednesday, July 18, 2018

Abberly Woods, Charlotte, NCIn calculating the Best Places to Live, US News factors in each metro area's growth due to net migration over a five-year period. For the 2018 ranking, we used net migration data from 2012 to 2016 from the US Census Bureau, the most recent complete data set at the time of our calculations. Places with the most growth might be attracting new residents thanks to a hot job market, affordable housing, a desirable location or some other factor. Raleigh is one of the top metro areas out of the 125 most populous in the US.

13. Charlotte, NC

  • Best Places to Live 2018 rank: 22
  • Median Annual Salary: $49,600
  • Net Migration Rate from 2012-2016: 6.64%

Growing by more than 6.5 percent between 2012 and 2016 from people relocating to hte area, Charlotte brings many newcomers due to its role in the banking industry, as it's home to Bank of America nad major offices for Wells Fargo.

For more information on apartments in Charlotte, NC contact Abberly Woods.

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US News - Real Estate


North Carolina is one of the Best States to Retire in Financially

Joseph Coupal - Wednesday, July 11, 2018

Abberly Woods, Charlotte, NCWe all want to make the most of our money, especially once we retire. Finances pay a big part in deciding where to spend your golden years; fortunately, North Carolina is one of the most tax friendly states for retirees – perfect for enjoying the finer things in life.

North Carolina Retirement Taxes

There’s a few reasons why North Carolina makes the cut as one of the best states to retire to for taxes. Due to a tax reform back in 2013, the Tar Heel state now charges income tax at a flat rate of just 5.75% as well as a tax exemption on all Social Security retirement benefits. There’s no wonder these retiree friendly taxes add that extra appeal for those looking to relocate during retirement.

Competitive Cost of Living

As well as North Carolina providing great taxes for retirees, you’ll also find a low cost of living in the state. The lower price of food, utilities, transport and housing here compared to other states means you’ll have more freedom to spend money on the things you love. If you’re in need of healthcare, you’ll be happy to know that prescription drugs are fully exempt from tax in North Carolina as well. The low cost of living retirees can enjoy here has even lead to the city of Durham being featured in MSN Money’s list of top ten places to retire.

Adventure On Your Doorstep

North Carolina has an abundance of spectacular scenery to discover. With national parks, waterfalls and mountains at every turn, you won’t need to travel far or spend much to explore this beautiful state. The state’s well-maintained highways provide easy access to North Carolina’s stunning beaches and quaint coastal towns, as well as the breath-taking views of the Blue Ridge Mountains – perfect locations for money saving days out!

Keep Active For Less

Living on a retirement income doesn’t mean you have to revert to a slower pace of life. Get out and explore all that this state has to offer. Having all this available on your doorstep is a great way to keep active without breaking the bank.

Combine a low cost of living, retiree friendly taxes and an abundance of free and budget friendly locations and activities and it’s easy to see why North Carolin of one of the best states to retire in, both financially and lifestyle wise.

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For more information on apartments in Charlotte, NC contact Abberly Woods.

avhomesinc.com


4th of July Week, What to Do in the Charlotte Area

Joseph Coupal - Sunday, July 01, 2018

Abberly Woods, Charlotte, NCNext week is America's Birthday. If you live in an apartment in Charlotte, NC here are some things you can do to help celebrate!

July 1

Charlotte Symphony Summer Pops: Celebrate America | Charlotte

Pack a picnic, blankets and chairs for Charlotte Symphony’s Summer Pops Celebrate America! With Fireworks. The concert features patriotic songs, followed by a dynamic fireworks display. $5-$15; children 12 and under admitted free. 8:15 p.m. Symphony Park, 4400 Sharon Road.

July 3

Summer Celebration | Mooresville

Enjoy local entertainment and food, kid-friendly activities and spectacular fireworks. Bring a blanket and chairs, and arrive early. Free. 4-10 p.m. Lowe’s YMCA, 170 Joe V. Knox Ave., Mooresville.

July 3-4

USNWC Fourth of July Celebration | Charlotte

U.S. National Whitewater Center’s Fourth of July Celebration is a two-day festival that features outdoor adventure, yoga, live music and spectacular fireworks displays. Musical performances take place each evening, followed by fireworks. $6 parking fee. 3-9:30 p.m. U.S. National Whitewater Center, 5000 Whitewater Center Pkwy. usnwc.org.

July 4

American 4-Miler | Charlotte

Kick off Independence Day with a 4-mile race and 1-mile kids’ run. No race-day registration. $5-$35. 7:30 a.m.; kids’ run at 8:30 a.m. Metropolitan, 1111 Metropolitan Ave., Charlotte.

WBT SkyShow Street Party and Charlotte Knights Baseball

Baseball and Independence Day combine for a fun festival that includes bounce houses, vendors and live music at the SkyShow Street Party in the afternoon followed by baseball and fireworks. The Charlotte Knights take on the Durham Bulls at 6 p.m. Game tickets start at $12. The street party begins takes place from 2-10 p.m. and is free. Mint Street and Martin Luther King Jr. Boulevard.

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charlotteparent.com


Charlotte is a "Best American City"

Joseph Coupal - Wednesday, June 27, 2018

Abberly Woods, Charlotte, NCAs the land of opportunity, the United States has attracted people from around the world for centuries. Yet not all parts of the country are equally desirable, and some cities are far more liveable than others.

On an individual level, subjective measures often override other, more objective, considerations. Sometimes, we live in a place simply because it is where we grew up — it is familiar and where we feel at ease. Still, a range of factors can help compare U.S. cities objectively. Low crime, a healthy economy, and affordability are just a few examples of universally desirable attributes in any community.

24/7 Wall St. created an index of over three dozen socioeconomic measures to identify the 50 best American cities to live in. The most liveable cities span the country — from the Deep South to New England and from the Mid-Atlantic to the Pacific Northwest.

26. Charlotte, North Carolina

  • Population: 842,029
  • Median home value: $201,500
  • Poverty rate: 13.4%
  • Pct. with at least a bachelor’s degree: 44.1% (top 25%)

Charlotte is one of two cities in North Carolina with populations expanding at a near nation-leading pace and are among the 50 best places to live. Charlotte’s population increased by 24.7% over the past 10 years, more than three times the U.S. growth rate and the most of any city in North Carolina other than Raleigh or Cary.

Charlotte’s rapid growth is largely supported by a prosperous economy. North Carolina was one of the first states to allow banks to operate multiple branches within a single state, a regulation that led to banks rapidly expanding throughout Charlotte and the surrounding region. Today, Charlotte is home to the headquarters of Bank of America and the East Coast operations of Wells Fargo. Financial services is one of many sectors leading employment growth in the city, which was more than double the U.S. employment growth rate from 2014 to 2016. Charlotte is also home to numerous entertainment amenities including an NFL team, an NBA team, and the Carowinds amusement park.

For more information on apartments in Charlotte, NC, contact Abberly Woods.

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247wallst.com


You Can Afford to Rent in Charlotte, NC

Joseph Coupal - Wednesday, June 20, 2018

Auston Woods Apartments in CharlotteRent prices have risen over the past year across the U.S., but there are some bright spots: Several cities experienced modest price drops. In fact, Charlotte, NC experienced an overall drop in rent prices.

Although rental rates went up nationwide, the increase was actually fairly modest at about 1.5 percent. That's down from a high of 3.6 percent in 2015. The increase was so minimal that it actually lagged the wage growth (2.7 percent) and overall inflation (2.5 percent).

Others that track the real estate market have also noted the slowing of rent prices. Year-over-year growth was down to 2.3 percent, falling from a 2015 rate of 4.7 percent.

It's definitely great news for renters.

To calculate rent growth rates, Apartment List looked at year-over-year changes using rent data collected from Census information through the American Community Survey that included properties ranging from large multifamily buildings to single-family homes. The site then extrapolated those rent estimates forward using price change data from the millions of properties listed on ApartmentList.com.

Of the 25 biggest cities in the U.S., Apartment List found seven where median rental rates actually decreased year over year.

The Charlotte area is one of these cities.

For more information on apartments in Charlotte, NC contact Auston Woods.

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cnbc.com


Hidden Costs of Homeownership Often Top $9K a Year

Joseph Coupal - Wednesday, June 13, 2018

Auston Woods Apartments in CharlottePrepare yourself by knowing the less-obvious costs of owning a home. Insurance, maintenance and more add up faster than you think.

Buyers too often focus on a home’s list price or mortgage payment to determine what they can afford. However, the numerous less-obvious costs associated with homeownership can affect the monthly bottom line.

To help home buyers budget more accurately, Zillow and Thumbtack identified several common but often overlooked home expenses and calculated what homeowners around the country could expect to pay for them. The analysis also included utility cost estimates.

While each extra expense might seem small, they cost U.S. homeowners, on average, $9,080 a year, according to the report.

Unavoidable costs

Nationally, homeowners pay an average of $6,059 a year in unavoidable costs, which include homeowners insurance, property taxes and utilities. Since nearly half (47 percent) of home shoppers today are first-time buyers, many of these extra costs may come as a surprise.

Maintenance expenses

Nearly all homeowners (96 percent) have made some kind of improvement to their homes. While many complete these projects themselves, those who pay professionals can expect to spend an average of $3,021 for the six most common hired home projects: carpet cleaning, yard work, gutter cleaning, HVAC maintenance, house cleaning and pressure washing.

Budget planning

More than a third of buyers go over budget on a home purchase. In addition to the mortgage, the price includes estimated property taxes, insurance, PMI, utilities, taxes, HOA fees and closing costs.

For more information on apartments in Charlotte, NC contact Auston Woods.

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zillow.com


How Much More Does it Cost to Own vs. Rent a Home in North Carolina?

Joseph Coupal - Wednesday, June 06, 2018

Auston Woods Apartments in CharlotteOwning a home is often considered the American dream — and it's an expensive one. Homeowners in all 50 states and Washington, D.C., pay from 33% to 93% more for housing each month than do renters living in the same state, according to a new NerdWallet analysis.

But many homeowners reap benefits that you can't get from renting, such as financial security and stability, tax deductions and a vehicle for retirement savings. 

While renting can't offer those long-term financial benefits, it's cheaper to rent on a month-to-month basis, the analysis found. If you're wondering how to save money for a down payment, renting can help you build that nest egg — but in extremely expensive or competitive markets, renting might be better for the long haul.

To determine the monthly homeownership premium — the additional cost of owning instead of renting, expressed as a percentage — NerdWallet compared 2015 American Community Survey data from the U.S. Census Bureau for the median gross rent and median homeownership cost in each state and Washington, D.C. Median gross rent includes the costs of monthly rent and utilities for all kinds of rental properties, and median homeownership cost includes monthly mortgage payments, real estate taxes, insurance and utilities.

This comparison doesn't include the down payment required to buy a home, which is traditionally 20% of the home price for conventional mortgages, but is lower for FHA or VA loans.

Key takeaways

Owning is more expensive everywhere. Across all 50 states and Washington, D.C., it costs more each month to own a home than to rent. The median cost people pay nationwide to own a home is 54% more than the median cost to rent each month.

The smallest difference is still a third more to own. The state where the premium to own a home is lowest is Florida, where it costs a median of 33% more to own than to rent. The states with the next lowest premiums are Colorado (40%) and Arizona (41%).

In some states, the cost of owning far eclipses renting. In New Jersey, the state with the highest homeownership premium, the median monthly cost of owning is nearly double that of renting (93%). The next most expensive places to own are Rhode Island, where the median homeownership cost is 84% higher than renting, and Connecticut, where owners pay a median of 82% more than renters each month for housing.

Here's how much more it costs to own vs. rent each month in North Carolina - 49%.

For more information on apartments in Charlotte, NC, contact Auston Woods.

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Nerdwallet.com



Abberly Woods Apartment Homes

5301 Roundstone Way, Charlotte, NC 28216

Call: 833-392-5643
Email UsAbberlyWoods.PropertySite.HHHunt@aptleasing.info
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$883-$1,200