Archives: December 2012

Happy New Year In Raleigh

If you are still without a New Year’s Eve plan, head down to Raleigh’s First Night celebration, featuring what is possibly the world’s largest acorn! First Night is an all-day celebration in downtown Raleigh, with events beginning at 2 PM that continues into the evening to ring in the New Year with the acorn drop […]

Pending Home Sales Up In November

The pending home sales index rose 1.7% in November to 106.4, which is the highest level since April 2010. The index measures the number of contracts filed to buy homes. If you exclude the months that were bolstered by the homebuyer tax credit, which caused a spike in sales, this is the highest reading since February […]

Home Prices Up 4.3% For Year

Home prices have risen 4.3% in the past year, ending in October, according to the S&P Case-Shiller index. Home prices are being driven higher by rising demand, strong investor interest, a shrinking inventory of homes, and fewer foreclosed properties. The existing home inventory fell again in November to a 4.8 month supply according to the […]

Post Holiday Getaway?

 You have all probably begun the task of taking down the stockings, clearing out the boughs of holly, and sorting through endless toys needing batteries or sweaters one size too small. In the days immediately following the holidays, we tend to feel a sense of exhaustion, as opposed to that relaxed feeling one would get […]

Unemployment Filings Drop

The number of people filing for unemployment has returned to pre-Superstorm Sandy levels; the storm had caused a temporary spike in jobless claims last month due to the massive destruction and disruption caused by Sandy. The storm is likely to depress numbers for November as well, but weekly applications have returned to levels consistent with […]

Christmas Trees In NC!

Here’s some trivia you may not know about our beautiful state: North Carolina is the second largest Christmas tree supplier in the country! That’s right folks, a bulk of the Christmas trees being adorned this month have their roots (ha) in North Carolina. There are over 1,600 growers producing an estimated 50 million Fraser Fir […]

New Job Numbers Far Exceed Expectations

Jobs numbers released this morning far exceeded forecasts, with the U.S. economy generating 146,000 jobs in November. This lowered the jobless rate to 7.7%, a four year low. Economists had expected the unemployment numbers to surge on the heels of Superstorm Sandy and the continuing inability of Washington to come to an agreement about the […]

North Carolina Boys Choir Christmas Concert

The North Carolina Boys Choir, Chamber Choir, Training Choir, and Girls Choir will present their annual Christmas Concert at Duke Chapel on Monday, December 17th at 7:30 PM. The North Carolina Boys Choir has been recognized across the country and around the world as one of the premier Boy Choirs since its inception as The […]

Triangle Home Sales Up 25% In November

Triangle area home sales were up nearly 25% year-over-year in November. The median sales price for the region was up 6.2% to $197,574 compared to $186,000 for the same month in the previous year. There were also at least four homes in Wake, Durham, and Orange counties that sold at a price in excess of […]