Premiere Raleigh Moving Company – 919-875-1700

Recently, Nerd Wallet published a list of the best places to own a home in the US. The analysis was made on questions like home availability (supply), home affordability, and projected potential growth of the area. From there, US regions were divided by small, medium, and large metros. Leading the pack of large metros, we find the Raleigh-Cary area as the number one place. As one of the fastest growing metros in the US, as well as one of the most affordable, moving to Raleigh means access to renowned universities like Duke, NC State, and the University of North Carolina. There’s also a strong employment level, thanks to the Research Triangle and big companies like MetLife insurance. Located between the beach and the mountains, Raleigh is a great place to live for a wide range of ages and demographics.

According to the study, the homeownership rate in Raleigh is 66.8 percent, and the median monthly household income is $5,028. Population growth from 2011 to 2012 is a 2.2 percent gain. Thinking of moving to Raleigh? Don’t wait another day – move to this top ranked city today!

The foreclosure rate in the Winston-Salem Metropolitan Statistical Area dropped in November from the same period last year, CoreLogic, a national real-estate research group reported Wednesday. The findings show that the foreclosure rate was 1.38 percent of outstanding mortgage loans in November, which is lower than the November 2013 figure of 2.03 percent and also lower than October 2013’s 1.35 percent. The number of Winston-Salem homeowners listed as more than 90 days behind on mortgage payments was at 4.57 percent in November, up from 4.54 percent in October and down from 5.32 percent in November 2012.

The November 2013 rate was 1.59 percent in the Charlotte-Concord-Gastonia MSA; 0.94 percent in the Durham-Chapel Hill MSA; and 0.94 percent in the Raleigh MSA. Here in the Raleigh metro, we are optimistic that 2014 will be the year that foreclosures calm down and hopefully the market can continue to rebuild itself on a solid foundation of healthy mortgages.

For the second consecutive year, the Triangle has set a record for the total dollar amount of apartment transactions completed in a single year. According to data shared by the News Observer, there were 49 apartment buildings sold in 2013, and there is a large amount of apartments planned for the next 12 months. The inventory of apartment units in the region is expected to expand by 6.8 percent over the next 12 months, the fastest rate of expansion of any market in the country, according to MPF Research, which analyzes apartment data in 100 U.S. metro markets.

The excitement in the residential apartment market will likely bring pressure down on the local real estate market and bring rental rate fluctuations and occupancy level changes. A new 204-unit apartment complex is planned for the Raleigh area in the Glenwood South district. The area is definitely popular, as a 134-unit project near the same area that opened late 2013 set a record for the most paid for a Research Triangle apartment complex on a per-unit basis when it was sold for about $204k per unit.

Forty-nine apartment buildings sold for a sum of $1.334 billion in 2013, according to real estate firm CBRE. That total isn’t the final tally for the year, but it beats the previous record of $1.16 billion set in 2012. For the second consecutive year, the Triangle has set a record for apartment transactions in a year. Local industry pros and outside potential investors are curious: will this momentum carry into 2014 as well? The Research Triangle movers are excited to know that the area is expected to expand by 6.8 percent over the next 12 months, the fastest predicted expansion in the country based on MPF Research findings.

Raleigh is at the top of demanded markets in the country, and it is attracting millennials and has a booming tech industry. People moving into this area are seeking apartments and multifamily housing before committing to a single-family home, which is why the demand for apartments will likely continue to rise into next year.

In the Winston-Salem area, underwater mortgages are on the rise, following a slight increase in the third quarter based on data compiled by a national real-estate research firm. Underwater means a homeowner owes more for the home than it is worth. Economists say a decline in home values and an increase in mortgage debt are the main reasons for the negative equity. The Cary local movers have found that about 9.3 percent of residential mortgages, or 11,998, in Davidson, Davie, Forsyth, Stokes and Yadkin counties were in that category, according to CoreLogic. That’s up from 8.7 percent in the third quarter, or 11,223.

The percentage of underwater mortgages in the Winston-Salem MSA continues to exceed that of North Carolina. CoreLogic reported 138,785 mortgages in North Carolina were underwater, or 8.4 percent. An additional 4 percent, or 66,496, were at risk of falling into that category. By comparison, in the third quarter of 2012, 13.8 percent of mortgages in North Carolina were underwater and another 6.4 percent were considered at risk.

City officials in Raleigh voted to reroute the Rock n’ Roll Marathon so that it would avoid churches and keep from disrupting the observance of Palm Sunday. The change follows outcry that the original race course – approved by the City Council in October – could make it hard for the faithful to attend church services on an important holy day.

The biggest change, however, is on the western end of the course, where race organizers are dropping a loop near Umstead State Park that would have blocked off a hospice center, a veterinary emergency room and nine residential neighborhoods. Instead of looping through Reedy Creek, Trenton and Trinity roads, runners will head out Edwards Mill Road to a turn-around point on Reedy Creek. The change maintains access to 24-hour operations such as the state medical examiner’s office, the Ramada Inn, N.C. State University’s veterinary medicine complex and the N.C. National Guard headquarters.

The Raleigh movers have learned that even with the changes, the Rock n’ Roll marathon will still bring the most extensive street closures in Raleigh history.

The demand for office space has gained momentum in the Raleigh area, and riding that wave is the long delayed project of the Alliance Center I Building on the N.C. State University’s Centennial Campus here in Raleigh. The building was proposed in 2008, right before the market crashed and lending came to a screeching halt. The project is back on the books following the announcement that the $38 million project had secured financing for a 145,000 square foot building and 523-space parking deck.

Insiders have shared that the building should be complete in the first quarter of 2015, and just over 70 percent of the building is already pre-leased to two tenants who are anonymous to the public at this point. The Raleigh commercial movers have found that the building is going to be developed by Craig Davis, the same developer of the five-building complex directly across from where this building will be built.

Here at All My Sons Raleigh local movers, we believe in the importance of giving back to our community. This past weekend, we held a Turkey Handout to donate Thanksgiving turkeys to charities around the Raleigh area, such as:

1.  InterAct of Raleigh

2. Raleigh Rescue Mission

3. Helping Hand

4. The Healing Place

5. Durham Rescue Mission

In total, we donated 150 turkeys to these organizations who help take care of the Raleigh community. Remember, the holidays are a great time to put emphasis on giving back to those who truly need it. From our All My Sons Family to your own family, we wish you a very happy Thanksgiving!

A $60 million project is set to begin with groundbreaking to construct the SkyHouse Raleigh, a 23 story luxury apartment tower that will solidify the continued metropolitan growth of the area. The project was first proposed 16 months ago with the vision of aligning Raleigh with other SkyHouse cities, such as Austin, Orlando, Houston, Dallas and Atlanta. The building will be aimed squarely at an affluent, younger generation of renters seeking to be just steps from downtown’s increasingly lively bar and restaurant scene.

The Raleigh local movers have found that the building will contain a single 13-story office tower and two apartment complexes. The original plan called for two business towers and two small residential buildings, but in the economic shift and the changing dynamic with the influx of new residents in the area, the developer plans changed to meet the genuine needs of the triangle.

The location of the tower will be across from Moore Square and also across from City Market, making it one of the few new developments that the area has seen in many years, and the SkyHouse announcement comes just a few months after developers announced plans for The Lincoln, a 224-unit apartment complex that is to be built on a two-acre block just east of Moore Square. The increase in downtown residents should be beneficial for all of the downtown businesses and restaurants, which will help contribute to the local and regional Raleigh economy.

Mutli-tenant housing is a big business these days in the Raleigh area, and a new complex in the Hayes Barton part of town solidifies this belief. An existing 47,000 square foot office building is slated to be the site of this new development, and it will take on the moniker of 1300 St. Mary’s. The building sits at the corner of Wade Avenue and St. Mary’s Street. The Hayes Barton movers have learned that the condos will range from studios up to three bedrooms, with a targeted price range of $169k-$400k. It has also been said that the investors need a minimum of 50 percent of the units in contract before the project can begin.

The revamping of the complex will involve about $6 million worth of renovations, such as replacing internal systems, windows, and walls. Parking will also have to be repurposed to make room for a swimming pool. The plan has already obtained city approval and will not require a property rezoning, a fact that has made some existing area residents nervous considering the influx of traffic that is likely to come with a residential development. This is the second new residential project in the downtown Raleigh area that White Oak has launched in recent months. The company recently started construction on Peace Street Townes, a 17-unit townhouse project at the corner of Peace and Person streets.