Raleigh Real Estate

Raleigh Real Estate

If you’re thinking about relocating? If you’re looking for the best quality of life in a major metro area? Relocating to Raleigh, NC is a great option. In a study recently released by Portfolio.com; Raleigh, NC beat out 66 other major metro areas to take top billing for best overall quality of life. Follow this link to an interactive chart of data from the study. You can also click here to read The Triangle Business Journal’s (TBJ) write up of the report. The study measured 20 statistical areas. According to the TBJ top billing was given to “well-rounded markets with healthy economies, moderate costs of living, light traffic, impressive... Read More →

Raleigh Real Estate

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A new study ranks Raleigh as the third best metropolitan area in the country for young adults seeking to establish themselves in a recessionary economy. According to the Triangle Business Journal Raleigh achieved its top billing for having both high population growth and employment growth. While maintaining relatively low unemployment. If you are thinking about moving to Raleigh to take advantage of our growing economy give me a call so I can help you get acclimated to the area. To read the entire article and see who ranked in the top two spots you can click here.  Read More →

Raleigh Real Estate

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The real estate market at it most basic and rudimentary level can be understood through basic Economics. Real estate values are driven by supply and demand. If supply increases and demand does not increase in kind housing values drop. This is know as a buyers market. While if the opposite is true and demand increases without supply keeping pace prices increase. Here we have a sellers market. This is of course just the starting point. There are innumerable reason that can cause both supply and demand to ebb and flow. This being the case an important aspect of the real estate business is listing trends. An easy way for brokers to gage where the... Read More →

Raleigh Real Estate

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There aren’t too many people who haven’t heard of a Multiple Listing Service (MLS). The most sought after function of the MLS is searching homes listed for sale. However, I’d bet most folks aren’t exactly sure how the MLS works or what other functions the MLS serves. In a nut shell the MLS is a suite of services that (1) enables brokers to establish contractual offers of compensation (among brokers); (2) facilitates cooperation with other broker participants; (3) accumulates and disseminates information to enable appraisals; (4) is a facility for the orderly correlation and dissemination of listing information to better serve broker’s... Read More →

Raleigh Real Estate

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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 →