The Triangle housing market was up nearly 21% in 2012. In December, sales were up 26.6% for the month, compared to December 2011. The 2012 total number of homes sold in the Triangle was 23,829, versus a total of 19,733 were sold in 2011. Both the median and average prices in the region have been […]
Archives: January 2013
Welcome Back Caniacs!
As you may already know, the Carolina Hurricanes have already begun preparations to return to the ice since the players accepted terms last Saturday (January 12th) to end the lockout which has already pre-empted a large portion of the season. The abreviated 48-game 2013 regular season will begin next Saturday, with 8 of the Canes […]
“Tastiest Town In The South”, Vote For Durham!
Southern Living has named Durham as a finalist in their “Tastiest Town in the South” competition. The competition is stiff with established culinary standouts Charleston, Miami, New Orleans, and Austin among others in the running. North Carolina and South Carolina both managed to get two finalists into the top 10 (the only two states to […]
Forecast: Home Prices To Rise 6% In 2013
Market researcher CoreLogic is predicting that U.S. home prices will rise 6% in 2013. Home prices rose 7.5% in 2012, and total home sales increased by 6% to 4.2 million-the first increase since 2005. Researchers believe that many of the conditions fueling 2012′s price gains will continue to drive the market in 2013; these factors […]
Migration To NC Strong
According to United Van Lines’ 36th annual “migration” study North Carolina holds the #4 spot on the list of top-five inbound states of 2012. The study has tracked migration patterns by state every year since 1977. The study shows the movement of people from the frost belt to the more sun belt states in the […]
Garner Celebrates MLK Day
Garner will be holding it’s third annual celebration of the life and legacy of Dr. Martin Luther King, Jr. on January 20th at the Garner Performing Arts Center. This year’s celebration is themed “One Community, One Nation, One Dream” and will feature keynote speaker Dr. Dudley E. Flood, a nationally known educator and civil rights […]
Triangle Named One Of America’s New Top Tech Hot Spots
The Triangle is no stranger to accolades, and now they are topping a new list; according to a new survey done by Praxis Strategy Group, Raleigh-Cary was named the 5th hottest tech market in the country. Science, technology, engineering, and mathematics (STEM) jobs have seen double-digit growth in the Triangle over the past decade. One […]
Unemployment Falls Below 7% In Most Major Cities
Unemployment rates in metropolitan areas fell below 7% in the month of November. According to the Labor Department rates fell in 215 of the 372 largest metro areas in the country, and below 7% in 192 cities; that marks the first time since the recession ended that more than half of large cities dipped below […]
Preservation Durham Lunch And Learn
Looking to add a little interest to your lunch break? Check out Preservation Durham’s ongoing Lunch and Learn series featuring entertaining and informative lunch-time programs about Durham, its people, and its history. Lunch and Learn takes place on the third Wednesday of alternate months from September through May at Pop’s Restaurant in West Village, and […]
U.S. Mortgage Rates Approach Record Lows
The average U.S. rates on 30-year fixed mortgages were approaching their record lows last week, slipping to 3.34 percent, according to mortgage buyer Freddie Mac. That is close to the 3.31 percent rate reached in November, which was the lowest on record since 1971. The average on a 15-year fixed mortgage was 2.64 percent. This […]