Raleigh is #1 city for young adults
The strong real estate market is part of a synergy that we are experiencing here in Raleigh. The jobs, social climate and other opportunities here have continued to attract educated, young workers and this is attracting more jobs to the area. The Bizjournals recently ranked Raleigh the #1 spot for young adults. From the Bizjournals article of May 12, 2008 “It’s clear that having a high percentage of young adults can be an indicator of economic success. It tells marketers where to concentrate their efforts, entrepreneurs where to start businesses and college graduates where to look for work.”
Raleigh was the only market out of 67 Bizjournals examined to rank in the top 10 in all 3 of their major categories; job growth, population growth and the percentage of young adults with college degrees.
This synergy means that our real estate market is going to continue to be strong. While housing sales have slowed, our housing prices have remained stable due to the realistic prices which existed before the current slump and our continuing vibrancy. I’d love to show you what real estate investment options Raleigh has to offer and areas that young adults are drawn to.
