Posted on August 11, 2009 by admin

One major NC city is amoung 10 cities that’s primed for a real estate recovery. The Raleigh/Durham area is likely to escape the commercial real estate scourge and transition soon to a bona fide recovery. Raleigh has a vacancy rate of 14.7%, up 3.6 points from last year, 2008.

A mix of government jobs, higher ed, healthcare, and technology has helped this progressive area pull off a neat trick: Population is growing at a healthy 3 percent rate, but the unemployment rate