For everyone in the western part of Onslow County who have been waiting with bated breath, Walmart in Richlands, NC really is coming soon! In fact, they've all ready begun the hiring process!
The Richlands Walmart is planned to have a full market section, as well as normal shopping items, optometry, banking accessibility, and a gas station. Of course, with the opening of this giant center of commerce in our small, but mighty, town of Richlands, will also bring over 300 jobs! According to Fortune's recently published article, Walmart is raising their pay scale to above minimum wage and introducing an initiative to help veterans, which will be heartily received in our veteran saturated area!
Many homeowners in the Richlands area will be happy about the increased traffic and commerce that Walmart will bring. In fact, Walmart employees from other areas have all ready begun looking at real estate in our area.
Typically, from what I've seen, whenever Walmart moves into an area, so do other stores and shops. Which can only mean one thing- more growth! Commercial growth always instigates residential growth. Many of the 'big builders' have all ready moved their business out of Onslow County completely, and others are shifting their building in different directions. The continued growth of Richlands, coupled with the slow down of new construction is a strong indicator that residential real estate in Richlands will begin to creep up and stabilize.
With more jobs coming into the area, and more commerce, the housing market will eventually rebound. Right now there are tons of great homes on the market in Richlands and interest rates are still relatively low, creating a great opportunity for home buyers who may be thinking of purchasing in the area. Ever heard the term, "Buy low, sell high?" This appears to be that opportunity. Before Walmart is established in Richlands and the market is able to correct itself or skyrocket, buy homes in the Richlands area now. Sell in the next few years when values are up.
Keep your eyes peeled, when driving down Hwy 24 in Richlands. You'll see the great big building under construction that can only be a Walmart! If you have any questions or would like more information, give me a call! I'd love to chat about the growth and expansion in the Richlands area, and most especially, homes!
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