Raleigh, NC Foreclosed Homes & Properties

Foreclosure Homes for Sale in Raleigh, NC: Everything You Need to Know

Raleigh’s neighborhoods vary from quiet suburban with easy access to parks around the city to a bustling nightlife filled with music, food, and intriguing structural designs downtown. 

The Historic District of Raleigh consists of grand Victorian-style homes and smaller bungalows that have been fully restored. Oakwood sits right on the Historic District's outskirts, very close to downtown, and is very popular amongst young couples and first-time buyers. 

If you are looking for a newer subdivision that is also more affordable, head to Stonehenge.  This neighborhood is made up of family homes and townhomes and has a very tight-knit community. Brier Creek, built in the 1990s, is very close to Research Triangle and has mostly young, upwardly mobile families. 

For more of an urban feel, check out Five Points, an intersection of a cluster of small neighborhoods. This spot offers bars, restaurants, entertainment, and boutiques.

A Strong Job Market 

Raleigh is part of the Research Triangle, an extensive hub of cleantech companies in North Carolina. A growing sector is the Cleantech/Smart Grid that includes renewable energy, advanced transportation, and water technologies. Advanced manufacturing is also a leading industry in the Research Triangle area. World-class universities concentrated in IT/Technology and Life Sciences dominate this area. 

Raleigh has a booming business sector, attracting new businesses each year. The average annual salary is $65,000 or $17.66 an hour. The largest employers in the city are Rex Healthcare, UNC Hospitals, and Duke University.  

Thriving Shopping Districts

Raleigh has an impressive shopping scene in its downtown area. It’s lined with one-of-a-kind boutiques, countless high-fashion shops, souvenirs shops, and many unique stores. 

The Triangle Town Center & Commons has large retailers such as Dillard's, Saks Fifth Avenue, and Pottery Barn Kids. This upscale shopping mall is also filled with big-named restaurants to dine in.

If you're looking for antiques or a good bargain head over the Raleigh Flea Market, a vast outdoor-indoor market with 200,000 square feet of shopping space. You can find art, antiques, crafts, gift items, and home décor. 

Local grocery stores include Publix, Weaver Street Market, the Caspian International Food Mart, and Amitie Macaron. Larger chain stores in Raleigh are Sprouts Farmers Market, Trader Joe's, and ALDI.  

The Local Sports Scene  

Sports are essential to the community in Raleigh, NC. The biggest professional sports team is the Caroline Hurricanes (NHL). This team became the 2006 Stanley Cup Champions. You can see them play in the 20,000 seat PNC Arena. 

Locals also love the six college and university sports teams. The North Carolina Tar Heels basketball team is very competitive and was the team that Michael Jordan played on before heading to the NBA. The Wolfpack men's basketball and football teams from North Carolina State University are just as talented as the professional sports teams. You can visit Carter-Finley Stadium to watch them play some football. 

To view some minor league baseball head to the Five County Stadium. The National Women's Soccer League also has a team called the North Carolina Courage from Raleigh, NC.