Raleigh's job forecast helps steady housing prices

Why has the housing market in Raleigh fared better than other markets that have crashed and burned? Ask economists from outside our area and they will like point to employment forecasts that look pretty healthy for Raleigh. Stan Humphries, Chief Economic Officer for Zillow.com (As opposed to the famed Quarter Back who led the San [...]

How does Raleigh housing compare to boom markets?

Raleigh has taken some lumps during the real estate downtown but as you can see in the graph below, our pricing has outperformed the US average, Atlanta and the boom markets of Orlando, FL and Phoenix, AZ. I included Atlanta because of their explosive growth and the fact that they are a leading southern city. I included Orlando [...]

Holly Park Shopping Center is pending new owners

According to an article in the today’s News & Observer, the Holly Park Shopping Center on Wake Forest Road is under contract with Lat Purser & Associates of Charlotte. The center is currently home to tenants such as Overtons, ShabaShabu, a local DMV office, Intrex Computers, Holly Park Uniforms, Jersey Mikes and my personal favorite, Wake [...]