Investment Property Expert

RALEIGH-DURHAM DEFIES HOUSING TRENDS In recent months, markets across the US have witnessed a slew of reports about the softening of the real estate market. The news is much different in the Triangle Region of North Carolina (Raleigh, Durham, Chapel Hill and surrounding areas). According to research conducted by the National Association of Realtors, new home sales and existing home sales in North Carolina were both up from their 2005 numbers, a glaring difference from the downturn witnessed in many other US locations. These factors, alongside a very affordable housing market lead the long list of reasons why investors across the US are refocusing their energies on the Triangle Market. Reasonable housing costs and a wealth of local educational institutions (including Duke, UNC, NC State, NC Central and Shaw) create a consistent demand for housing. This demand supports rehabber resale efforts, as well as rental cashflow opportunities. In addition to these local norms, the Raleigh-Durham-Chapel Hill market has received accolade from several 3rd party sources, including the following: 1) #1 Best Place For Business And Careers (Forbes- 2007) 2) Best Place To Live (CNNMoney.com- Cary ranked #34 and Durham ranked a strong #92. Raleigh, Chapel Hill and Apex were all contenders). 3) Cary ranked as the 8th Safest City in The US (City Crime Rankings 13th Edition - Morgan Quitno Press) 4) America's Best Places To Live and Work (Raleigh-Durham ranked #1 in 2003- BestJobsUSA.com) It's no wonder why migration to the Triangle remains strong and the real estate market has continued its steady increase over the years. For more information about the Triangle and for information on Raleigh-Durham real estate investment oppportunities, contact Tiffany Elder, MBA, Broker Tiffany Elder - Broker, Realtor 5832 Fayetteville Rd, Suite 106 Durham, NC 27713 www.tiffanyelder.com  Email: tiffany@tiffanyelder.com • Phone: (919) 260-2507

Copyright © 2006 Tiffany Elder - Broker, Realtor
5832 Fayetteville Rd, Suite 106
Durham, NC 27713
(919) 260-2507 All Rights Reserved.

This message contains advertising material. To discontinue receiving our e-mails, please click here.