One major NC city is among 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, health care, 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 remains one of the lowest in the state. Vacancy rates will rise slightly in 2010 and some tenants will get a break on rent, but metro Read the rest of this entry »

A market analysis and foreseeing capability is the difference between large profits and negative cash earnings. Real estate market plays an important role in the process of property valuation, even more than the property itself. Therefore, next time when you are about to invest in some residential or commercial property, spending some time in evaluating the market can make huge difference. Read the rest of this entry »