Durham, NC — Experience Rich Culture in the Bull City
Durham is the county seat of Durham County, NC, though some portions of the city extend to Orange County. It is named after Bartlett S. Durham, who donated land for the Durham Station. The railroad depot was pivotal in the rapid growth of Durham after the Civil War. The area became a key player in the tobacco, textile, and electric power industries. Durham got its nickname, “Bull City,” after the Bull Durham tobacco produced by the W.T. Blackwell Tobacco Company.
Since then, though, Durham has experienced even more growth and modernization. The city has become a major hub education, research, and medicine. It is also part of the Research Triangle, along with Chapel Hill and Raleigh. Some of the best schools in the country are found in Durham — specifically Duke University and North Carolina Central University. Duke is also one of the biggest employers in the city along with Duke University, IBM, GlaxoSmithKline, Blue Cross & Blue Shield, and IQVIA.
As a beautiful complement to the business side of Durham, the city also has an established arts and culture scene. Durham hosts a variety of events throughout the year including jazz concerts, symphonies, film festivals, art exhibits, dance festivals, comedy shows, and more. Music is also part of Durham culture. The city is home to many independent record labels such as Merge Records, 307 Knox, and Churchkey Records.
In the downtown area, the old tobacco warehouses and textile mills have been revitalized. These historic structures, with their brick facades, are now home to many local shops, restaurants, boutiques, and galleries. The artsy atmosphere is one of the reasons why residents love living in Durham, NC.
Durham, NC Community Association Management
In Durham, NC, 50% of the residents are homeowners while the other half are renters. Residential properties in the city have a median listing price of $295,000 with a 5.6% year-over-year growth. Meanwhile, the average rent is $881 for a one-bedroom, $986 for a two-bedroom, $1,207 for a three-bedroom, and $1,557 for a four-bedroom apartment.
Durham has over 60 neighborhoods so homebuyers have a lot of options to choose from — no matter the budget. The most expensive properties can be found in Croasdaile, Ninth Street, and Duke Forest. More affordable neighborhoods include Colonial Village, Woodcroft, and Northgate Park. When investing in real estate, though, many homebuyers want to get a good return. That’s why they turn to properties that exist within a homeowners association.
HOA communities provide residents with many perks such as swimming pools, playgrounds, parks, and other attractive amenities. Residents also feel a sense of relief knowing that they have an HOA board that will look after property values. Board members take on major responsibilities such as collections, financial planning, and preventive maintenance to protect the best interests of the community. However, as the community grows, some responsibilities become too much for a group of volunteers to handle. That’s why many associations choose to enlist the services of a Durham, NC community association management company.
This is where the Cedar Management Group can be of great service to your community. As an established HOA management in Durham, we know how to deliver the services you need whenever you need them the most.
The Best Community Association Management Company in Durham
Cedar Management Group is proud to work with HOA communities in Durham and surrounding areas. Our innovative approach to HOA management combines proprietary technologies with excellent customer service. Thus, we’re able to quickly address the many complex needs that communities face on a daily basis.
Our Durham community association management services include accounting and collections, board education, legal assistance, maintenance and violations, and reserve planning. Cedar Management also provides value-added services for more custom-fit HOA solutions. We also have a talented team of community managers and support staff who will handle daily HOA operations. As we remove the administrative burdens from your workload, HOA boards can finally focus on the bigger picture. You’ll have more time and resources to work on community-building initiatives and keeping residents happy.
At Cedar Management, we are serious about helping your community. We streamline operations and introduce more efficient strategies. But it’s not all about business. We also treat our clients as if they were our family. Cedar Management will provide the care and support your community needs to achieve its long-term goals. In just a short amount of time, boards and residents alike will see significant improvements within their community.
Need a Durham, NC HOA Management Company?
Want a Durham HOA management company that you can trust? Choose Cedar Management Group. We will do everything we can to meet the needs of your community. To learn more about how we can help your community, call us at (919)-348-2031 email us at email@example.com. We look forward to hearing from you!
Durham, NC Local Resources
Moving to Durham, NC means opening yourself up to so many opportunities for growth. To ensure you know all your options, the Cedar Management Group has created a list of local resources. You can use this as a guide to access the best services, resources, activities, and attractions that Durham has to offer.