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    • 2013 Mortgage Rates to Remain Stable

    Published December 15, 2012

    The early quarter of 2013 is likely to be stable and fixed in terms of mortgage interest. Currently, homeowners have been able to refinance their mortgages at a rate below 4 percent since the beginning of 2012. There’s good news–experts predict that the rates won’t change at the beginning of 2013. The end of 2012 […]

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    Apartment Complex Sells for $11M+

    Published December 2, 2012

    A Durham apartment complex has been purchased by a Massachusetts investor, VTT Management, for $11.4 million. The Carver Pond apartment community is located at 4001 Meriwether Drive off of East Carver Street in the north area of Durham. The Raleigh movers have learned that the complex, which was built in 1998, is the seventh real […]

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    Cumberland County Incomes Rise

    Published November 27, 2012

    Cumberland County has seen a surge in personal income to the rate of 5.5 percent, according to estimates released by the Federal Bureau of Economic Analysis. The Cumberland County metro is comprised of Fayetteville and also includes Hoke County, has a large military presence that has contributed to the area ranking at the third biggest […]

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    Jobs Pick Up in Wake County

    Published November 20, 2012

    Residential housing permits are on the rise in Wake County and Durham County, so much so that Wake County reported a 17 percent raise from September of 2011 in comparison to September of this year. The Home Builders Association of Raleigh Wake County has also stated that thus far for 2012, single family home permits […]

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    Durham Hotel Set for Renovation

    Published November 10, 2012

    South Durham’s Comfort Suites is set to undergo a $500,000 renovation as a new investor has taken ownership of the hotel and management of the 125-room complex. The hotel, located on Page Road in South Durham, was purchased by Blue Cougar Investments, managed by Interstate Hotels & Resorts of Arlington, VA. The company paid $5.6 […]

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    Elderly Housing Complex Sold

    Published November 7, 2012

    The Raleigh apartment complex known as Alta Oakridge senior housing has been purchased by a Washington area housing company called Capitol Seniors Housing from the previous owners at Wood Partners of Charlotte for the price of $24.25 million. The Raleigh movers have learned that the popularity of the apartments and housing developments in the Triangle […]

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    Durham County Sales Up 17 Percent

    Published October 15, 2012

    The third quarter of 2012 was a kind time for the Durham County real estate market. According to data pulled from the Triangle Multiple Listing Service (MLS), the third quarter of this year was a 17 percent rise in sales from the same time in 2011. The Raleigh movers are glad the local real estate […]

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    Office Building Sells for $8 Million

    Published October 4, 2012

    A Raleigh office building has been sold to a New York investment group for a cool $8 million, according to a recent write up in BizTimes. The building has a high occupancy rate and encompasses five floors on Wycliff Road with a total of 173,305 square feet. Wycliff Ventures sold the property to the New […]

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    New Data Center Coming to Raleigh

    Published October 1, 2012

    A new data center is set to be built in Durham, thanks to an expansion from Sentinel Data Centers, and it will be the first multi-tenant data center building in the region. If all goes on track, the building will be available for occupancy at the beginning of next year. The 120,000 data center will […]

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    Downtown Raleigh Sheraton–SOLD!

    Published October 1, 2012

    Recently, the downtown Sheraton hotel was sold to Oaktree Capital Management and Northview Hotel Group from the Gencom Group of Miami, who has owned the 353-room hotel since 2006. The Raleigh movers have heard the new owners plan to do significant work on the property, including upgrading hotel restaurants, updating the lobby, and much more. […]

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