The Perks of Buying over Renting

  The Perks of Buying over Renting Thinking about buying a home? While today’s  mortgage rates  might seem a bit intimidating, here are two solid reasons why, if you’re ready and able, it could still be a smart move to get  your own place . 1. Home Values Typically Go Up Over Time There’s been some confusion over the past year or so about which way  home prices  are headed. Make no mistake, nationally they’re still going up. In fact, over the long-term,  home prices  almost always go up ( see graph below ): Using  data  from the  Federal Reserve  (the Fed), you can see the overall trend is home prices have climbed steadily for the past 60 years. There was an exception during the 2008 housing crash when prices didn't follow the normal pattern, but generally, home values kept rising. This is a big reason why  buying a home  can be better than  renting . As prices go up and you pay down your mortgage, you build  equity . Over time, this growing equity can really increase your net wort
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Explore Pfafftown, NC

Pfafftown (pronounced "Poff-town"), North Carolina is an unincorporated community which has been partially annexed into the cities of Winston-Salem in Forsyth County and Lewisville, also in Forsyth County. As of the 2000 census, the ZCTA of Pfafftown had a population of 9,562. It is a Piedmont Triad community.
Demographics
Pfafftown's Zip Code Tabulation Area (ZCTA) has a population of about 9,562 as of the 2000 census. The population is about 49% male and 51% female. About 89.6% of the population is white, 8% African-American, 0.2% American Indian, 0.6% Asian, 1.5% Hispanic, and 0.8% of another race. 0.9% of people are two or more races. There are no native Hawaiians or other Pacific islanders.
The average household size is 2.6 people, and the average family has 2.9 people. There are 3,783 houses, with 94.5% of them occupied, 91% bought and 3.5% rented. There are 214 vacant housing units.

Attractions and facilities

Attractions in Pfafftown include the Grandview Swim Club. A newly constructed Ronald W. Reagan High School as well as the Vienna Elementary School call Pfafftown home. Reagan High School had their first graduating class in 2007 and the school has recently gained notable local fame in both their cross country team and in their academic team. Grandview golf course was closed in late 2007 and is being replaced by a housing development.
In addition to schools, the popular C.G. Hill Memorial Park contains a hollow poplar tree which was used by Confederate sympathizers to hide possessions, including not only weapons, but also cows, among other belongings, during the American Civil War. The tree is also said to have provided shelter to travelers during storms. The park is also home to a well-populated duck pond and fishing and picnic areas.
Another attraction is Old Richmond Grill, an old style restaurant that is frequented by many of Pfafftown's residence and has even been the subject of local newspaper articles.
Pfafftown is home to many other nice, "local" family restaurants where people gather for good food as well as to see and spend time with their Pfafftown neighbors. Southern Family Restaurant and El Maquey Mexican Restaurant are two of the more popular establishments.

Transportation

Major roads in Pfafftown include Yadkinville Road, connecting Reynolda Road (NC 67) in Winston-Salem to Old US-421 and eventually to Yadkinville, NC. Other major roads include NC 67, connecting NC 150 in Winston-Salem, NC to US 21 in Jonesville, NC; Transou Road, connecting NC 67 to Yadkinville Road; Skylark Road, connecting Transou Road to Vienna-Dozier Road; Lewisville-Vienna Road, connecting Yadkinville Road to Shallowford Road in Lewisville, NC.

Annexation

As of September, 2006 most of Pfafftown east of Transou Road is part of the city of Winston-Salem. North Carolina law currently has little restrictions on cities annexing territories, so many Pfafftown citizens were unable to successfully resist this forced annexation; many lawsuits took place between the actual annexation in 2004 and the submission in 2006.
Many citizens in the nearby community of Midway were facing a similar situation with annexation and thus proceeded with efforts to incorporate as a separate municipality, similar to what many Pfafftown citizens tried years prior to the 2004 annexation. Using Pfafftown as an example of a failure, the Midway Incorporation Committee succeeded in gaining permanent autonomy from nearby Winston-Salem with the successful incorporation of the town of Midway in June 2006.

Famous residents

  • James Drake former RAND Corporation aeronautical engineer, patented and is credited with inventing the windsurfer
  • Cam Bonifay, once Major League Baseball professional scout for the St. Louis Cardinals and General Manager of the Pittsburgh Pirates from 1993 to 2001
  • James S. Hans, professor at Wake Forest University and author of such notable works as Socrates and the Irrationaland The Sovereignty of Taste
  • Scott Dickson - Author of "In Search of Mayberry." A book about small towns in NC and how they relate The Andy Griffith Show. The book won the Parker Peace History Book Award from the NC Society of Historians in 2006 and the website: www.insearchofmayberry.com and blog on the site get thousands of Mayberry fans every day.
  • Rick Langston, Master Brewer, Waterway Brewing Company
  • Peter Sorensen who is running for City Council Northwest Ward Winston Salem
  • Steve Shore, famous local conservative editorialist to the Winston Salem Journal

Movies filmed in Pfafftown

  • Junebug, partially set and filmed in Pfafftown and Winston-Salem, North Carolina. It received much critical acclaim and won several awards.

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