Category Archives: Real Estate

A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain. Robert Frost  

The Week’s Economic Indicator Calendar Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates. Economic Calendar for the Week of Aug 22 … Continue reading →

Ms. Schucman was the Columbia University clinical psychologist who “scripted” A Course in Miracles. Many are hoping for a miracle to send the housing market into recovery, but Ms. Schucman says we only need to look at a situation properly … Continue reading →

– Sales of newly built, single-family homes declined 1 percent to a seasonally adjusted annual rate of 312,000 units in June, according to figures released today by the U.S. Commerce Department today. “Today’s report shows that new-home sales remain in … Continue reading →

“New Home Sales: 312k  Why build new houses when you can buy existing ones at below the replacement cost or cost to build a new one, even before the cost of the land.?  Of course, if you already lost money … Continue reading →

Two of the nation’s largest home builders reported quarterly financial results that were weaker than the year before, showing that the industry continues struggling to sell homes as the housing crisis drags through its fifth year. The pre-market results from … Continue reading →

RALEIGH — To help pay for the costs of growth and to ensure that there will parks and recreation for newcomers, Wake County requires subdivision developers to set aside land for recreational use or to pay a fee in lieu … Continue reading →

Raleigh’s had a housing boom during the last ten years. The 2010 Census data shows the city’s housing units increased an incredible 45.9 percent since 2000. Although today’s nationwide housing market is impacted by foreclosures and a lack of affordable … Continue reading →

Cash buyers are being seen more frequently as investors snap up properties at lower rates, according to several Raleigh realtors, but for those with more modest means other options exist. If you make less than 50 percent of the Area … Continue reading →

Vacant Housing The new Census shows the number of vacant homes rose from 6.7 percent to 7.5 percent, compared to a national average of 11.4 percent. Part of the vacancy can be attributed to foreclosures, although foreclosures on homes in … Continue reading →