GlenLake South is just west of Raleigh in the hills overlooking Crabtree Valley. The neighborhood was initially designed with a mix of cottage homes, manor homes, villas, and townhomes boasting early 20th century architectural styled homes with lots of stone, brick, and cedar shake accents. Home prices were set from $700k to over a million, but that’s about [...]
 Formal approval has been given to Crescent Resources for The Residences at Cameron Village, a new mixed-use development. The Raleigh City Council vote was unanimous. Click to enlarge The final, approved plan boasts a maximum of 295 residences, a maximum of 23,823 square feet of commercial space, and a 450-space parking deck located at the [...]  The city of Raleigh granted preliminary site plan approval for The Residences at Cameron Village to be located on the northeast corner of the intersection of Oberlin Road and Clark Avenue. There would be 282 apartments and roughly 16,000 square feet of retail space. Plans also include a 450-space parking deck. I’m kind of slow out of the gate on this [...] The real estate market will heat up in 2011. How hot? Um, lukewarm. I read a tweet from another real estate agent over the weekend that bugged me. It was like a sound bite declaring the Raleigh market was going to get better in 2011 and was linked to an article in the News & Observer [...] I’m doing some live updates and the appearance will be changing some along with the layout. All of the information will be the [...] The housing market in Raleigh is slipping now that tax incentives are no longer in place. Home showings in July rose .o4% from June but are 23.07% lower than July 2010. Pending home sales in July dropped 30.5% over 2009 but are up .5% year over year. Bank of America Recent Stock Performance Foreclosure and mortgage troubles are becoming a fact of life for more homeowners in Raleigh than I had expected when this mess started. Bank of America, one of the largest mortgage lenders in the Raleigh area, has reported 15% increase in nonperforming loans, leases and foreclosed properties in 2nd [...] |
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Stalk Jason