Archive for May, 2008

Raleigh T-Shirt Contest

Kiplinger’s ranks Raleigh second best

Raleigh made Kiplinger’s Personal Finance magazine’s top 10 list of best places to live in 2008, coming in at number 2. There is some tough competition out there and number 2 is a rank we should all be proud of.
In particular, Kiplinger’s cites the renaissance of downtown as the reason why 2008 marks “the turning [...]

Bank failures expected to rise

Headlines across the country have been filled with gloom and doom regarding the mortgage crisis but I have not seen much about bank failures until recently. Three banks have failed so far in 2008 and more are expected as credit tightens. Prior to this year, regulators have not closed any other banks since 2004.
“It’s our view [...]

Wake County applications for subdivision approval

 
If you have been in the Raleigh area for a while, you are probably used to seeing orange ribbon appear on vacant parcels followed by a barage of construction traffic. If you are frustrated by having to wait to see what’s happening, well you don’t have to be. The process started long before the orange ribbons [...]

Raleigh area home sales for April drop 24%

Area home sales for April ‘08 have dropped 24% from April 2007 according to a report from the Triangle Multiple Listing Service. There were 2,260 sales in April ‘08, compared to 2,982 in April ‘07.
Sales were down 28% in March.
Read Triangle home sales tumble 24% in April from the Triangle Business Journal.

Raleigh City Council Approves Hillsborough & Morgan St Roundabout Resolution

On May 8, 2008 the Raleigh City Council approved a resolution clearing the way for the Hillsborough and Morgan Street roundabout project.
The Council’s resolution requests that the North Carolina Department of Transportation (NCDOT) delete a portion of Hillsborough Street from Glenwood Avenue to Oberlin Road and Morgan Street from Glenwood Avenue to Hillsborough Street from the [...]

New website for North Carolina homeowners

 
The NC Homeowners alliance has recently launched www.nchomeownersalliance.org providing information and resource guides for North Carolina homeowners.
Educational offerings will include important political issues, guidelines and tips for individuals buying or selling property in NC. Visitors to the site can also sign up to receive informational updates.

New rules for home sellers

I just read this article on CNNMoney.com and thought it was well written and to the point. The market has obviously changed and the days of putting a sign in your yard are over. Finding a buyer is not even the end all be all anymore and seeing to it that they are qualified and [...]

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