Investor · Willow Spring, NC · Member since 2009 · 5k+ posts · 3k+ votes
5y
My short answer is 'no'. The southern I-95 corridor includes Robeson and Bladen counties and are some of the poorest Tier 1 economically distressed counties in NC. The population estimates of these cities are 17,751 and 20,484 with both cities showing a -4.8% growth rate (2010-2019), meaning less people than roughly a decade ago. That trend will likely continue since I see few catalysts to change that trend. Compare that rate to Cary, NC with a 17.3% growth rate over the same timeframe. Here's a link for the source of the data. Keep in mind too that appreciation rates in these areas lag behind more desirable population growth locations. Unless you have some material insight into these areas (like you live there and have an 'insider advantage') I'd stick with more time proven locations.
Relatively speaking, there are much better places to invest in NC/SC. The only real estate 'play' I see in much of the southern (and central) I-95 corridor is unimproved land where a change of use would add economic value.
Disclosure: I have land holdings in some areas identified in this post.
Fayetteville, NC · Member since 2011 · 5 posts · 1 vote
4y
Hello Oren, as much as I would hate to disagree with Chris Martin being that I am from Lumberton but I can't demographically the census has it correct. Not unless you are looking to hold or know of special circumstances such as new teacher, coach etc... coming to the area or people in general that are looking for places to rent.