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The most recent issue of Money Magazine ranks both Cary and Chapel Hill as two of the top 50 small cities in America due to a combination of factors that make both cities attractive to both current residents and new ones. For more information visit this online story provided by The Triangle Business Journal’s parent website. http://www.bizjournals.com/triangle/stories/2010/07/12/daily9.html?ana=e_du_pap. Check out this article from the Triangle Business Journal that details several new merchants, including the first to come to North Carolina, that will soon be opening at the mall. It’s another sign that while business could be a lot better, it could also be a lot works. http://www.bizjournals.com/triangle/stories/2010/06/28/daily16.html?ana=e_du_pap. If you need real estate assistance then turn to Tim McBrayer, The Triangles Broker. Home prices in the Raleigh-Cary area increased by 1.37 percent in April compared to April 2009, even as home prices statewide fell by 0.7 percent, according to CoreLogic’s Home Price Index. Nationally, home prices, including distressed properties, increased by 2.6 percent in April, the company (OTC BB: CLGX) reports. It was the second straight month that home prices in the Raleigh-Cary area rose. Home prices in the Raleigh-Cary area increased by 1.31 percent in March compared to March 2009. “The monthly increase in the HPI shows the lingering effects of the home buyer tax credit,” said Mark Fleming, chief economist for CoreLogic. “We expect that we will see home prices remain strong through early summer, but in the second half of the year we expect price growth to soften and possibly decline moderately.” Hawaii experienced the largest year over year price increase, 10.6 percent. Also in the top five were California (8.4 percent), North Dakota (6 percent), New York (3.7 percent) and Virginia (3.6 percent). Idaho led the nation in sales prices declines, with prices falling by 7.2 percent. Rounding out the bottom five were Illinois (-5.8 percent), Nevada (-4.6 percent), Maryland (-4.3 percent) and Washington (-3.7 percent). Home sales statistics released last week for the Triangle showed increased sales and prices in May. Courtesy of TBJ We’ve all been saying for years that Raleigh wins award after award from major national groups and publications. Now the U.S. Census Bureau is speaking up and says we are growing pretty fast in terms of real estate sales versus the rest of the country. We’re not number one but number 28 isn’t bad by any means considering how many cities there are in the U.S.. Check out the full article form the Triangle Business Journal by clicking on the following link: http://www.bizjournals.com/triangle/stories/2010/06/14/daily32.html?ana=e_du_pap. Home Sales in the Triangle area surged by more than 28% in May versus 2009, on the heels of a 32% increase in April versus April of 2009. For the full story go to http://www.bizjournals.com/triangle/stories/2010/06/14/daily34.html?ana=e_du_pap. I would not normally post something about just any old business opening up a new location but two factors caused me to post this information. First, since I concentrate my business in Raleigh and in particular north Raleigh I want to post articles that apply to events happening in this part of the Triangle whenever I think the news is big enough to warrant a post. A new hotel in Brier Creek that will ultimate employe 150 people is big news to me. Second, for over six months I’ve been waiting for the hotel to open because I was the first advertiser to sign up to have an exclusive full page ad in their In-Room Directory. They expect over 70,000 visitors a year and I am expected enough business from guests seeing my ad to more than pay for its cost. Plus I’ll get 15 months of advertisng and I will also have my brochures at their sister property, the Hampton Inn, that is right next door. Here is the full article from today TBJ. One of the newest prototypes of the The hotel, which is located in the Brier Creek Corporate Center near the intersection of Glenwood Avenue and Interstate 540 in northwest Raleigh, has 173 rooms with rates that range from $109 to $159 a night.
The new Embassy Suites features the state’s first Flying Spoons restaurant, a casual restaurant concept that Embassy Suites is introducing at its newest properties. The restaurant features a menu of specialty coffee drinks, teas, pastries and desserts. The property also has 6,500 square feet of meeting space, an additional 7,000 square feet of event and outdoor event space, plus an indoor heated pool with a children’s play area , whirlpool and fitness center. Hector M. Jeyakara, Winwood’s area general manager, says the hotel has hired about 80 full-time employees and eventually expects to grow to employ 150 full- and part-time positions. Read more: Embassy Suites brings Flying Spoons to Raleigh – Triangle Business Journal The Triangle remains a national leader in terms of the quality of its children’s hospitals, U.S. News & World Report said Thursday. The magazine ranked the top 30 children’s hospitals in 10 areas: Cancer, diabetes and endocrinology, gastroenterology, heart and heart surgery, kidney, neonatology, neurology and neurological surgery, orthopedics, pulmonology and urology. The North Carolina Children’s Hospital at UNC Hospitals was ranked as the No. 9 hospital for pulmonary care and No. 23 in diabetes and endocrinology care. Duke Children’s Hospital and Health Care was ranked in six categories: No. 18 in cancer, No. 23 in diabetes and endocrinology, No. 30 in gastroenterology, No. 24 in heart and heart surgery, No. 19 in neonatology and No. 20 in pulmonology. The Triangle’s third children’s hospital, at WakeMed Health & Hospitals, opened last month and was not included in any of the rankings. The full results of the report will be available in the magazine’s August edition, which hits newsstands in late July. Read more: U.S. News ranks UNC, Duke among top children’s hospitals – Triangle Business Journal While the rate may still be almost three times what it was less than 3 years ago it’s still movement in the right direction and hopefully an indicator that things are really improving job-wise in the Triangle area. For the complete story click on the link below from the Triangle Business Journal. http://triangle.bizjournals.com/triangle/stories/2010/05/24/daily67.html?surround=lfn. Toll Brothers, the developers of Brier Creek and now the owners of Hassentree development off Hwy 98 in Wake Forest announced today that they see year over year improvement in sales, conversion ratios and in other areas that lead them to believe that it’s not just the tax credits but more likely an improving consumer confidence level in how the economy is doing and their personal financial situations. For more details click on the link to the Triangle Business Journal article. Luxury builder Toll Brothers sees improvement in housing market – Triangle Business Journal. |
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