Foreclosure sales in Durham and Raleigh for the first quarter of 2010 decreased overall from the previous quarter. According to a recent report published by RealtyTrac and publicized by The Triangle Business Journal. Foreclosure sales in the Triangle area were down by 6% from the previous quarter. What this report is tracking is sales of home during the first quarter of 2010 that were in some phase of the foreclosure process. Another interesting element of this report circles around discounts to buyers. According to the report buyers of REOs (Real Estate Owned by the bank) were given the steepest discounts off fair market value. In the Triangle... Read More →
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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 →





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