Raleigh-Durham area rated “fairly valued” by WSJ
While catching up on my reading over the weekend, I ran across an article in the “Wall Street Journal Sunday” (November 26, 2006), “Home Buying, or Selling, in a Falloff” that displayed a chart of house values — “Over, Under, or About Right” and shows Raleigh-Cary, NC as a “Fairly Valued” location. They list the Raleigh-Cary average real estate price as $211.7 (average home prices will vary from survey to survey from this low of $211.7 to up to $234,000 which has also seen reported). Fortunately we have not experienced a “falloff” in the Raleigh-Durham area. Our real estate sales continue to be steady. Back in the summer we were experiencing equilibrium in the real estate market and now it appears we are changing from a flat market (with modest appreciation), which has been hanging around a couple of years and are beginning to a slow turn into a possible seller’s market. Our jobs come from four major areas — Technology, Research, Government and Education — all solid industries. We attracted 31,000 new jobs to the Raleigh-Durham area last year — a 41% growth. Other complimentary industries are naturally drawn to our area due to the presence of the wonderful companies who call the Raleigh-Durham area home. Please check out our website There you will find a wealth of information about our area. And, I love to talk with people about the Raleigh-Durham area. So, you can always give me a call at 919.961.7777. Usually available from 9AM to 7PM unless I am in a closing or showing property. If you are considering relocating or investing in the Raleigh Durham area, you have found the right place and the right person 
