Archives: May 2013

Triangle Sees Home Sales High In April

April saw the Triangle’s highest number of home sales in one month since June of 2010 according to the MLS; 2,635 units were sold which is up 37.2% over April of 2012. Both the median and average sales price increased, with the average sales price reaching the highest recorded rate for the month of April […]

What Is “Pre-Approval”?

Click here to view the embedded video. Buying a home can be a daunting task for anyone, especially for a first-time homebuyer. You should never feel silly about asking questions about the homebuying process. Coldwell Banker has a great video explaining what it means to be “pre-approved” for a mortgage. This may seem like a […]

Home Foreclosures Fell In April

Home repossessions fell nationwide by 20% from March to April of this year, and were down 32% from the 2012 according to foreclosure listing firm RealtyTrac Inc. They also predict that once these homes hit the market, it will actually be beneficial because the rebound in the housing market has caused the supply of homes […]

Rising Home Prices

According to real estate market researcher CoreLogic, home prices in March were 10.5% higher than a year ago. This marks the biggest year-over-year jump in seven years, and the 13th consecutive month of home price gains. Home prices increased 1.9% in March from February. If distressed sales (short sales and foreclosures) are excluded, home prices […]

Home Maintenance Calendar

Just as you routinely schedule a teeth cleaning or haircut, your home has maintenance needs that require similar planning. Keeping a home maintenance calendar can help keep you ahead of a problem, should one arise, as well as keeping your home running like a well-oiled machine. A great post on Apartment Therapy outlines a basic […]

Max Out This Weekend

If the weather this weekend forces you indoors, the IMAX theater at Marbles in downtown Raleigh is an excellent place to head for some entertainment. They have several features playing now that are 3D, including the highly anticipated Iron Man 3. There are some other fantastic nature features that are great for the whole family, […]

Jobless Claims Down

According to a new report from the Labor Department, jobless claims have fallen to their lowest levels in five years, signaling fewer layoffs. The report marks the lowest levels of first-time claims for unemployment benefits since January 2008. Analysts consider these reports good indicators of layoff activity and the general U.S. job market, and the […]

Hiring Numbers Up In April

via CNN Money Good news continues in the jobs market; new reports show job growth was stronger than initially reported at the beginning of the year and April’s hiring numbers exceeded expectations. Numbers were revised upwards for the first few months of the year and employers added 165,000 jobs in April, which was a marked […]

North Carolina’s Unemployment Rate Falls

Via WRAL The unemployment rate for March dropped in 99 of North Carolina’s 100 counties. The unemployment rate was down in the Triangle, falling from 7.5% in February to 7.1% in March, while Wake County’s rate fell to 6.9%. Orange County logged the state’s lowest unemployment rate in March at 5.6%. To read more visit […]