Average New Home Prices rise 12.9% to $277,739
Front page headlines in The News & Observer today –
“Prices of new homes plunge.”
Toward the end of the article they finally get around to the good part – ”So far the Triangle’s housing market has avoided many of the problems plaguing the national market.” As I have said before, the Raleigh Durham, and the Research Triangle Area are *not* participating in this plunging price thing. 39 families movie here every day; we added 7,500 children to our school system. These are *not* a signs of a depressed area!! Raleigh-Durham (and the Research Triangle) is a great place to live and to invest in real estate. For the three month period that ended in June 2006, sales in the Triangle climbed 3.6%; the average new home price rose by 12.9% to $277,739 for Wake, Durham, Orange, Johnston, Chatham and Franklin counties, according to Market Opportunity Research Enterprises, and as reported by the N&O. Wouldn’t you agree we are an area worthy of you consideration for investing? Relocating your family? How about your company?
Contact me, I have a whole lot more to tell you about Raleigh-Durham and our surrounding communities.
