Triangle Real Estate & Homes For Sale | North Carolina

The Triangle Business Journal (TBJ) reported today that the biotech company, Syngenta, has announced plans to expand it’s facility in the Research Triangle Park (RTP). The expansion plans, as reported in the TBJ, include leasing an additional 100,000 sqft of office space and plans to purchase 50 acres within RTP. Syngenta is a biotech company that specializes in various aspects of agricultural research. They currently employ some 400 people in The Triangle and speculation is that their expansion will add to the Durham job base. As I’ve said before The Triangle is slated for major population growth over the next 20 years. Some analyst estimate... Read More →

Tagged as: Home Buying Tips

I’m not sure where you are moving from or how people there tend to organize housing developments. In the triangle the neighborhood is king. When surfing Triangle area websites you’ll undoubtedly come across lists of neighborhoods with descriptions trying to delineate one from the next (we do some of that here too). Funny thing is, lots of these neighborhoods meld into each. So knowing definitively where one stops and another starts can be tricky business. This is not always the case; there are lots of neighborhoods (subdivisions) with well defined borders. When looking for a new home in The Triangle it would be best not to get too caught up... Read More →

Tagged as: Real Estate Trends, Trends

Real Trends is a real estate trade publication published on a monthly basis. In the November 2009 issue they reported a survey they deemed the 5% rule. The survey was conducted through their own independent research with supplemental data coming from research university giants. Simply put, the “5% rule” says that in a normal year 5% of American house holds will purchase a home. According to their findings this has been the trend for the past 30 years and is the anticipated estimation for 2010. Through some technical growth calculation Real Trends further reports that the number households in the US increase by 1.1% each year.  With these... Read More →

Tagged as: Population Growth

In March of this year the U.S. Census Bureau released some very intriguing statistics about the population growth Raleigh had experienced between July of 2007 and July of 2008. According these findings the population in the Raleigh-Cary metropolitan area grew by 4.3%. Wake County officials, utilizing the census data, estimate a continued population growth of 4% per year over the next 3 years. By 2030 experts estimate Raleigh’s population will grow by 70% and that’s just Raleigh. The rest of the Triangle is also slated for substantial yearly growth. Durham County is estimated to grow between 2% and 3% yearly, while Orange County has historically... Read More →

Tagged as: Raleigh, Raleigh Neighborhoods

The Bloomsbury Neighborhood, located North of downtown Raleigh, is a northern component of the famous Five Points intersection. In May of 2002 Bloomsbury was added to the National Register of Historic Places. The general boundaries for the neighborhood are Fairview Road, St. Mary’s Street, Byrd Street, Sunset Drive, and Whitaker Mill Road. The neighborhood was primarily built during the roaring 20s. Two story Tudor revivals and bungalows are the most common architecturally for the neighborhood and the median sales price is around $380,000. If you’d like more information about this Raleigh Neighborhood give me a call.  Read More →