The number of homes entering the foreclosure process this year has slowed according to new data. The number of homes placed on the road to foreclosure between January and October has dropped 8% from the same period last year, and the number of homes repossessed by banks declined nearly 19% according to foreclosure firm RealtyTrac […]
Archives: November 2012
Holiday Home Ideas
via www.shelterness.com One thing we love about sites like Pinterest is all of the fantastic holiday decorating ideas! It is a great way to get some creative inspiration. Whether you are looking to buy or sell a home or even if you are staying put and want to do something new, holiday decorations can set […]
Unemployment In The Triangle Drops
Unemployment in the Triangle area decreased in September. Hiring in the public sector (including public school systems and other government agencies) grew by 5,500, which outweighed losses of about 3,300 workers in the private sector. The unemployment rate fell from 8% in August to 7.3% in September; the numbers also show 2.5% job growth in […]
Home Prices Jump In September
Home prices rose 5% in September compared with a year ago, according to new data from CoreLogic, which represents the largest year-over-year increase since July 2006. Rising prices will be encouragement for home owners who have been waiting on the sidelines to list their homes, as well as motivation for buyers to make a purchase […]
Raleigh Area Expected To Outperform In Economic Recovery
The Triangle area is expected to outperform other metro areas in North Carolina, according to a new forecast from Wells Fargo. The Triangle continues to show strong job growth, particularly in the Research Triangle area as well as in local leisure and hospitality, increasing around 2.5 % as of September. To read the full article […]
Consumer Confidence At Five Year High
Americans’ confidence in the economy rose to the highest level in almost five years in October. The consumer confidence index was measured at 72.2 in October, up from 68.4 in September, and the highest numbers reported since February 2008. Job growth and hiring numbers have been creeping upwards for the past several months. The consumer […]
Uptick In Home Building Creates Almost 11,000 Jobs
Wake and Durham Counties are seeing an upward trend in requests for new residential housing and commercial building permits as shown by the new September numbers. The Home Builders Association of Raleigh-Wake County reports that single family permit value rose to $727 million to date for 2012. The association estimates that this surge of activity […]
Housing Market Shows 5 Month Upward Trend
The housing market picked up for the fifth consecutive month in a row according to August’s newly released numbers. The slowly improving national economy and record low mortgage rates have both boosted the housing market in recent months. The low rates and homes still being priced well below their peak have made homebuying an attractive […]
Home Prices Up In Almost Every US City
Home prices in August rose in nearly all US cities including 19 of the 20 cities tracked by the S&P/Case-Shiller Index, which is considered one of the key tracking measures in the Real Estate industry. Year over year home prices were 3.4% higher in August, which is the third straight increase and is at a […]
Furry 5K For Second Chance Pet Adoptions
Coldwell Banker Howard Perry and Walston is proud to be the official timing sponsor of the inaugural Second Chance Pet Adoptions Furry 5K Run & 2K Walk. The Furry 5K will be held this Saturday, November 3rd at Fred G. Metro Park in Cary. The run is to benefit Second Chance Pet Adoptions, who’s mission […]