According to a new survey done by USA Today, many economists are predicting that 2013 will be the year that we see a self-sustaining economic recovery. According to the median estimates of the 46 economists surveyed, they expect to see the economy pick up steam over the next nine months, and are predicting average monthly […]

The 9th Annual Krispy Kreme Challenge is rolling through Raleigh this Saturday, February 9th, and while the race is at capacity (with an expected 8,000 runners), it is plenty of fun to watch! The Challenge begins at Memorial Belltower on the N.C. State campus; runners then dash the 2.5 miles through historic downtown Raleigh to […]

Great things are happening in downtown Raleigh! In the fourth quarter of 2012 alone, 15 new street-level businesses opened within the central business district, which included The Hampton Inn on Glenwood South, downtown’s first new hotel in four years. An assortment of bars, restaurants, retail spaces and more joined the mix as well. See below […]

Do you think we’ll see an early end to winter this year? Head over to Garner’s annual Groundhog Day Celebration at White Deer Park this Saturday, February 2nd, to find out! You probably know the legend: if the groundhog emerges from his burrow and sees his shadow, there will be six more weeks of winter. […]

For those who have been waiting on the sidelines to list their homes, or potential buyers holding out for a deal, it is pertinent to note that the market conditions have begun to shift. For six months or so the supply of homes has been shrinking; the number of homes listed for the first two […]

This may be the year that the housing market turns the economy around. In a recent poll done by CNNMoney, more than half of economists surveyed identified a housing recovery as the primary driver of economic growth in 2013. Analysts see that the market conditions, namely low supply and growing demand, as being in much […]

Good news for homeowners: the average price of a home in North Carolina was up 2.4% in the first 11 months of 2012. The state average was $169,000 at the end of November, up about $4,000 from January, according to mortgage analytics firm Lender Processing Services. The U.S. as a whole was up about 5.6%. […]

Raleigh has ranked fourth on Forbes Magazine’s 2012 list of America’s Fastest Growing Cities. Forbes called Raleigh “the boomtown” and cited the growing presence of major corporations and numerous colleges and universities as factors generating Raleigh’s growth. Forbes used data from Moody’s Analytics to compile the rankings from factors such as population growth, job growth, […]

Home sales numbers in the U.S. for 2012 rose to their highest levels in five years according to the National Association of Realtors. Sales reached 4.65 million in 2012, which was the most since 2007. The shrinking supply of available homes is pushing prices up and driving competition; the available homes inventory dipped to the […]

Homebuilders began construction on new homes in December at the fastest pace since summer 2008, and 2012 turned out to be the best year for residential construction since the housing crisis began. Raleigh (along with Austin and Houston, Texas) showed the highest construction activity in the country. In 2012 the number of housing starts was […]