Raleigh,Cary, Wake County Blog and Relocation Information

Cary, North Carolina

Welcome to my blog on Raleigh-Cary and the Triangle area of NC Real Estate. Here you can read current information on the Triangle area including neighborhood profiles, school information, taxes, market conditions, and even find things to do in the Triangle.

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• North Carolina Government

• Best Places to Live in 2006

• Wake County School Rankings

• #1 Town For Job Growth By Forbes

• RTP Information

• Cary Chamber of Commerce

• Raleigh Chamber of Commerce

• First Time Homebuyer Information

• 2007 Best of the Triangle

• June 2007 Article on Cary

• Koka Booth Apmphitheatre

• National Geographic Article on Cary

• Pullen Park Carousel

• Dowtown Raleigh Information

• Downtown Raleigh Alliance

• Umstead State Park

• North Carolina Museum of Art

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Raleigh,Cary, Wake County Blog and Relocation Information

Raleigh NC Real Estate >>Triangle Continues To Receive Positive Press

May. 9, 2007

Categorized in: Market Trends

Tagged with: best place for business, triangle tops forbes list

I know that there are many parts of the country where the market has slowed. Fortunately my market is not one of them. Our area continues to receive accolades from the top magazines in the country. Just last week Oprah named the Triangle the #4 market in the country for Single Women to meet men over 35. Well, I think she's gone a bit overboard here but we sure do like the publicity. I've even devoted a section on my website called "Ratings". It's quite a list. I had a client print out the list and it was over four pages!!! The bottom line-we had over 18,000 new residents last year and over 8,000 new students in the Wake County Public School System alone. Chances are you may know someone that's moving to the Triangle.

There are a couple of other ratings bestowed upon the area that I'd like to share:

1. America's Hottest Town: Cary, NC rated the #1 town on the East Coast in 2005.

2. Forbes Magazine: Best City for Jobs 2/2007

3. News & Observer local article: 4/5/2007 People continuing to move to the Triangle without jobs

4. Another Forbes Article: Best Place for Business and Careers

5. For investors: #15 Top Appreciating Market in the Country in 2007

The biggest challenge we hear people voice is the inability to sell their houses back home in their market. As such, if you have anyone moving to the area, I welcome the ability to serve your preferred clients with a handsome referral fee.

Send me an email for more information on the area.

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Raleigh NC Real Estate >>Triangle Tops in Forbes Metro List

Apr. 26, 2007

Categorized in: Raleigh Real Estate

Tagged with: triangle accolades, triangle tops forbes list

The accolades for the Triangle keep on coming. The most recent came out a week ago when the annual list of Best Places for Business and Careers by Forbes magazine ranked the Raleigh-Cary Metropolitan Statistical Area (MSA), which encompasses Wake County along with Franklin and Johnston counties, in first place and the Durham MSA, which covers Durham, Orange, Chatham and Person counties, at seventh in the same list. (MSAs are the way the U.S. government divides communities in the census and other surveys, although most people in the Triangle do not split the areas the same way.)

Raleigh-Cary grabbed the top spot after three consecutive years as runner-up in the Forbes rankings. Durham also has done well in the previous surveys, although it should be noted that up until two years ago it and Raleigh-Cary were counted as one metro area in the listing.

In announcing Raleigh’s win, Forbes noted that the metro’s economy has expanded 6 percent annually over the past three years. Helping to fuel this growth are business costs that are 13 percent below the national average and a labor force where 38 percent of adults have a college degree – the 12^th-highest percentage in the country. Raleigh-Cary performed well also in low net migration (ranked 15^th in the country) and 35^th nationally in job growth, both measured over the most recent five-year period.

Durham outranked Raleigh-Cary with an even larger number of adults with a college degree – it finished sixth in that category. The cost of doing business in Durham is also a positive for the metro area, as it finished 33^rd nationally. Both Durham and Raleigh-Cary finished within the top 100 metros nationally in six out of the nine categories Forbes used in its listing.

For this year’s ranking, Forbes relied on economic research firm Economy.com, owned by Moody’s. Its business cost index factors in labor, tax, energy and office space costs. For living costs, Economy.com weighs housing, transportation, food and other household expenditures. It also supplied five-year historical figures on job and income growth, as well as migration trends.

Other data used in the rankings came courtesy of Portland, Ore., researcher Bertrand Sperling, who looked at the education of each metro’s work force as well as the presence of four-year colleges in each area. Sperling also examined such quality-of-life issues as crime rates and cultural and recreational opportunities.

Forbes also comes out with other lists annually in which the Triangle routinely finishes in the top 10 nationally, including the sixth-best city for singles and the sixth most wired metro area for the Internet, both in 2006. With the strong performance on this list, we expect the area to do well again when these lists come out later this year.

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Raleigh,Cary, Wake County Blog and Relocation Information

Raleigh NC Real Estate >>Triangle Continues To Receive Positive Press

Raleigh NC Real Estate >>Triangle Tops in Forbes Metro List