February 2008 Raleigh NC Market Trends Report
The volume of existing-home sales is expected to hold steady through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the National Association of Realtors.
Lawrence Yun, NAR chief economist, said many […]
Selling real estate in Raleigh is such a pleasure. What a great opportunity I have had over the years to meet relocating families who are looking forward to making the Raleigh and Research Triangle Area their home. And as part of my real estate practice, for the past couple of years I have also had […]
We have been hearing and reading about it, and those who are the identified experts in such matters, expect it will happen. We will soon be in the middle of a full blown mortgage crisis. This is expected to occur, when some of the monthly payments of the more creative loans have their monthly payments revised, and the […]
Pardon my shameless touting, but I find it hard to be humble when I live and work in such an outstanding city! When you couple the opportunities found in Raleigh that have to do with jobs, education and a family friendly environment, it makes a winning combination for relocating your family and for real estate investing. The Raleigh area continues […]
Today, msn.com published an interesting article comparing rental markets through the US. See entire article –
http://realestate.msn.com/Rentals/Article.aspx?cp-documentid=2744671
The Raleigh residential rental market is steadily improving and fewer landlords are using incentives to attract tenants. We have a steady flow of people moving into our area and many rent until they get acquainted with the Raleigh real estate landscape before […]
Recent statistics released by the NC Employment Security Commission show new jobs in North Carolina continuing to occur in various sectors and report a correlation with population growth in the particular sector. The Triangle jobless rate of 3.8 percent remained unchanged. The Triangle rate was lower than the statewide rate of 4.7 and national rate of […]
Much of the National statistics have been concentrating on housing prices in the real estate boom, then recent slowdown, and not much information has been published about land prices, until recently. Statistics say National land prices have taken an even wilder ride with residential lot prices in many areas of the country plummeting in the past year as much as 29%. […]
Recent figures released by the US Census Bureau show Raleigh number 6 nationally in numerical change in population from 2004 to 2005. Our Raleigh Durham Cary real estate market remains a safe harbor for real estate investment in light of the downturn in the National housing industry. We continue strong in job growth, steady appreciation in real estate and […]
Recently I attended a seminar in San Francisco designed for real estate entrepreneurs interested in investing in other areas of the US, where the downturn in the housing industry has not taken such a toll (that would be Raleigh-Durham). We are certainly blessed in Raleigh Durham and find many families (39 per day!) choose to relocate […]
For the past couple of weeks I have been gathering information for a presentation at a seminar for out-of-state buyers interested in purchasing properties in markets outside of their own. Knowing for several months about this seminar, and this presentation, I began paying closer attention to the National housing news and an even closer look at our local market. Of course, […]
