Site Selection Magazine, The Magazine of Corporate Real Estate Strategy and Area Development, has chosen North Carolina as Number 1 in its state business climate rankings for the 4th year in a row!  The rankings are based on surveys of business executives and consultants who make decisions regarding business expansions.  The key factors cited for [...]

In my last entry I told you that in the Raleigh and Wake County housing market the prices of real estate haven’t changed much.  Here is conformation of that from SmartMoney magazine.  The November issue of SmartMoney magazine, in an article entitled Home Prices: Now for the Good News, reports on 25 markets which are doing better than the [...]

The new Raleigh Convention and Civic Center opened this summer and is at the center of major growth and renovation downtown.  Another exciting addition to the downtown landscape is the RBC Plaza, the new headquarters for The Royal Bank of Canada.  The 33 story mixed-use building includes 139 condominiums, all of which have been spoken [...]

According to the Research Triangle Regional Partnership, new and expanding businesses announced more than $1 billion in new investments in the Research Triangle area this summer. 
The 30 new and existing companies announcing these investments are mostly in research and manufacturing.  The expansions will create nearly 1,700 jobs.  Some of the companies and their investments include:
IBM, [...]

The Raleigh and Wake County area continue to provide a favorable environment for home buyers and real estate investors.  One recent indicator of the area’s economic vibrancy was released by the U.S. Bureau of Economic Analysis.  In a report released August 7, 2008 they reported that personal income in the Raleigh-Cary metropolitan statistical area (MSA) [...]

According to the US Census Bureau report released this week, Cary NC is the 5th fastest growing large city in the United States.  Between mid-2006 and mid-2007 the city grew 7.3%.  Raleigh is the 13th fastest growing large city and grew 4.2% in the same period.  Both of these cities are in Wake County, NC.  [...]

This past week a Florida developer broke ground on a redevelopment project in downtown Raleigh which will consist of the kind of mixed-use development the city wants to encourage.  The 21 acre Blount Street Commons project will include the renovation of several older homes a couple of blocks from the Governor’s Mansion.  The final project [...]

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 [...]