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 […]
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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 […]
ADP Reports 215,000 Jobs Created In December
December job numbers exceeded analysts’ expectations with private sector employers adding 215,000 jobs, according to a montly survey by payroll-processing company ADP. These numbers would indicate that companies did not hold back on hiring due to fiscal cliff woes, as was previously expected. As Mark Zandi, chief economist at Moody’s Analytics said on a call […]
Titanic: The Artifact Exhibition
The Titanic, the most largest ship of its day and also unfortunately the most famous shipwreck in history, continues to be a marvel and draw the interest of people around the world. Now, one hundred years later, over 200 artifacts retrieved from the wreckage of the ship have arrived at the North Carolina Museum of […]
Happy New Year In Raleigh
If you are still without a New Year’s Eve plan, head down to Raleigh’s First Night celebration, featuring what is possibly the world’s largest acorn! First Night is an all-day celebration in downtown Raleigh, with events beginning at 2 PM that continues into the evening to ring in the New Year with the acorn drop […]
Pending Home Sales Up In November
The pending home sales index rose 1.7% in November to 106.4, which is the highest level since April 2010. The index measures the number of contracts filed to buy homes. If you exclude the months that were bolstered by the homebuyer tax credit, which caused a spike in sales, this is the highest reading since February […]
Post Holiday Getaway?
You have all probably begun the task of taking down the stockings, clearing out the boughs of holly, and sorting through endless toys needing batteries or sweaters one size too small. In the days immediately following the holidays, we tend to feel a sense of exhaustion, as opposed to that relaxed feeling one would get […]
Home Prices Up 4.3% For Year
Home prices have risen 4.3% in the past year, ending in October, according to the S&P Case-Shiller index. Home prices are being driven higher by rising demand, strong investor interest, a shrinking inventory of homes, and fewer foreclosed properties. The existing home inventory fell again in November to a 4.8 month supply according to the […]