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North Carolina Near the Top of the List

Posted at Triad GMAC Blogspot by Len Montgomery

Dec. 28, 2007

The census Bureau has been tabulating away and the results for the fiscal year end July 2007 were finally released December 20, 2007. The result? North Carolina is found to be one of the top growth states in all the nation, number 6 to be exact.

The states population grew by more than 190,000 people over 2006 bringing the state's total population to 9,061,032 people. This was a 2.2% increase over the previous year.

Consider this along with the small drop of 1.34% in North Carolina foreclosed properies as reported by RealtyTrac in November 2007, the 2+% increase in sales prices for the Greensboro/High Point market, this seems to be a positive indicator the the North Carolina Real Estate market is recovering. The experts still say the true indicator will be seen in early 2008. I'll keep you posted.

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1. RE: North Carolina Near the Top of the List

Written by: derek joyner

Jan. 3, 2008

I find this to be true. Our market is not in the shape that the experts say it is in. We still have cheap prices for homes and land compared to all our neighboring states. This is why people are moving to North Carolina. We also did not have the huge inflation on price when the real estate boom was going on like Florida, California, and New York. North Carolina continues to be a steady 2, 3 , or 5 percent appreciation a year. Instead of an up and down market.

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