Monthly Archives: November 2009

Durham is up and Raleigh is down for…

Durham is up and Raleigh is down for creating and keeping jobs, according to the Milken Institute, Durham No. 6, Raleigh-Cary was No. 2 last year, fell to No. 10.

Posted in Uncategorized | Leave a comment

U.S. home sales increased 11 percent to…

U.S. home sales increased 11 percent to a two-year high in the third quarter as the tax credit boosted demand. Despite the positive report, many clouds dot the housing market horizon. The darkest of those is the current employment picture.

Posted in Uncategorized | Leave a comment

The expiration of the tax credit…

The expiration of the tax credit incentive began to wane by September as it became less likely buyers could close a deal in time. As a result, new home sales in September dropped 3.6 percent nationwide – the first decline … Continue reading

Posted in Uncategorized | Leave a comment

Extend the tax credit program? Point: …

Extend the tax credit program? Point: It would spur 383,000 additional home sales Counter Point: Homeownership is not for everyone – it can’t be.

Posted in Uncategorized | Leave a comment