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Raleigh, NC, 1 of 10 Cities Primed for Real Estate Recovery

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

Know Your Real Estate Market

Posted on July 27, 2009 by admin

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.

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