Archives: August 2012

Why Buffett Is Betting Big on Housing

What does Warren Buffett see that no one else does? He just made an outsize bid on ResCap loans, the latest example of his bet that the housing market represents a great investment opportunity. Joe Light has details on The News Hub. Click Here to Watch the Wall Street Journal Video

Labor Day’s 1st Annual Splash Bash

Labor Day, the unofficial end of summer, is on Monday and if you are not planning to head to the beach you can head to downtown Raleigh for the 1st annual Splash Bash. Splash Bash will be held on Saturday (September 1st) in front of Isaac Hunter’s Oak City Tavern on Fayetteville Street, and will […]

Triangle foreclosure rates continue to decline

For the sixth month in a row, foreclosure rates for homeowners in the Triangle region continued their steady decline in June from the market’s peak in January, according to data from CoreLogic. Click Here to Read Article at TBJ  

Triangle unemployment rate now at 8.1%

The Triangle’s job market was stagnant last month even as most other areas of the state eroded, the North Carolina Department of Commerce reported Friday. http://www.bizjournals.com/triangle/news/2012/08/24/triangle-unemployment-rate-now-at-81.html

Kickoff of College Football Season

This weekend marks the long-awaited kickoff of college football season. The blessing (and the curse) of living in the Triangle is the plethoraof opportunities you have to catch a game on any given Saturday in Fall. This inaugural weekend of gridiron glory is no different. If you can’t make it to the tailgate, rest assured every […]

It’s a stampede! CowParade comes to the Triangle

It’s a stampede! Even if you missed last weekend’s Cow Parade Kickoff event at Golden Belt in Durham, there are still plenty of opportunities to see the Triangle’s “herd”. CowParade is one of the largest public art exhibits in the world, and CowParade NC features over 75 cows painted and costumed by Triangle-area artists. The […]

Home building jumps 23% in Wake County

Residential building construction for the first half of 2012 in Wake County is up 23 percent compared to the same period a year ago in both the number of new homes built and the total value of those new homes. That’s according to new building permit data released by Wake County’s revenue department on Thursday. […]

Homes selling more quickly; Starter homes in tight supply

Friday Five: Homes Selling More Quickly; Starter Homes in Tight Supply Today’s housing market offers opportunities and challenges. We sort out the latest trends for you in our weekly news roundup. Read Visit houselogic.com for more articles like this. Copyright 2012 NATIONAL ASSOCIATION OF REALTORS®