Downtown Raleigh, North Carolina on a Fall Sunday Morning

Raleigh North Carolina on a Fall Sunday Morning.

This is North Carolina State University's campus on a recent Sunday where my wife and I go and have coffee. It's beautiful and there are days when we won't see another soul for an hour. I imagine it has something to do with a football game the day before and possible a beer or two.

Also on Sunday Raleigh was the venue for SPARKcon SPARKcon is a showcase of creativity,talent and ideas of "the creative hub of the south," the Triangle NC.




There was some great chalk pavement drawings on Fayetteville Street, music, poetry readings and ...
this guy.

More about him later!

Johnston County Real Estate Market Update August 2009

Johnston County Real Estate Market Update August 2009.


Well,the numbers for August are probably not what anyone was looking forward too. There were 347 new listings down from 477 in 2008. That is a drop of 27.3%! Closed sales for August were 171 down from 199 in 2008 a 14.1% drop. Average days on market went from 104 in August 2008 to 120 in 2009 an increase of 15.5%

The median sales price went from $164,950 in August 2008 to $154,000 in August 2009. Average sales price went from $186,612 to $169,711 a drop of 9.1%

Inventory of homes for sale was 2074 in August of 2008 and 1642 in August of 2009, percent of original list price received at sale was 97.4 % (this figure does not account for seller concessions).

Johnston County Parade Of Homes Realtor Tour 2009 Part 2

Johnston County 2009 Parade Of Homes Realtor Tour Part 2

OK we then arrived at 500 Avocet Lane in Broadmoor Subdivision, this is in the Cleveland area. This is a custom built four bed three and a half bath home with approx 3226 sq ft. The home is an all brick house and is currently listed for $424,900.
A downstairs master and a luxurious master suite are just some of the features in this house and how about a faucet in the shower for shaving...guess what guys...it's not for us!!

Hardwood floors, granite counter tops,stone fireplace are just some of the many features in this house. Irrigation system for the lawn.

Another home in Broadmoor was 126 Balmoral Street, a 3460 sq ft three bed, three and a half bath custom brick home. Semi circular driveway leads to extensive hardwood and tile floors, granite counter tops.





Next stop was Cleveland Springs Subdivision where Terramore Homes are building 16 Crest Circle a 2151 sq ft four bed, two and a half bath. There is an additional unfinished walk up third floor of approx 578 sq ft. Currently listed for $199,999

There is also a pool and playground in this community .

Terramor Homes is also building a townhome section and they have a 1574 sq ft two bed two bath open floorplan available. Granite counter tops and ceramic tile in the kitchen. Currently listed for $160,684

Four Hundred more jobs coming to the Triangle of North Carolina.

Four Hundred more jobs coming to the Triangle of North Carolina!

Computer maker EMC Corp. the maker of data storage computers, plans to add almost 400 high paying jobs to to its operations.
EMC which has an existing research facility in Research Triangle Park, and a manufacturing plant in Apex, will build a $280 million data center in Durham.
Of the approx 397 jobs 292 will be at the data center in Durham and will pay average annual salaries of $73,325. The Triangle is home to a large skilled work force, cheap electricity, affordable homes, good transportation and good schools.
Katharine Neal spokeswoman for the N.C. department of Commerce said the department has been getting more calls from companies interested in new economic development projects that had been delayed because of the down economy.
These jobs come on the heels of Deutsche Bank's announcement that it would be creating 300 jobs in Cary. Highly skilled technology jobs paying average salaries of approx $88,000.

Research Triangle Parkis a 7000 acre park that is home to over 170 companies who employ over 42000 knowledge workers and 10,000 contract workers. RTP is home to a wide range of companies, from Fortune 100 multinational research and development operations to university spin-offs and start up operations.
The Triangle is an area comprising the cities of Raleigh, Durham, Chapel Hill but has expanded to include many more towns like Cary and Clayton, Apex and Wake Forest, Fuquay-Varina and Holly Springs.