Premiere Raleigh Moving Company – 919-875-1700

It doesn’t seem that long ago where people were seemingly solely fleeing to Florida to retire. As the global temperatures change, Raleigh is becoming an area that has an increasingly enjoyable climate year-round, making it an ideal place for senior citizens to retire. A retirement resort is even slated for the Leesville Road area of north Raleigh, and will contain 130 apartment units target at active adults age 55 and up. The project is expected to cost $27.8 million, and it will contain month-to-month units for one, two, and three bedroom units. The proposed name is Capital Oaks Retirement Resort.

The Research Triangle movers have found that the month to month rent (which is boasted about by developers as they share there is no buy-in or substantial deposit for obtaining a unit), is certainly not going to be cheap. Rental rates for a family property in Knoxville have a starting rental rate of $2,350 per month—a figure that includes most utilities, three daily meals, maid service, transportation and social activities. The complex is expected to break ground on November 13^th, and construction will likely last one year.

The property has been slated to provide extensive amenities to aid the senior residents, such as an in-house bank, pharmacy, gift shop, salon, 24/7 staff, valet parking and more.

When it comes to retiring, one thing remains true: location is key! Considering retirement will place you into a state of fixed income, it’s important to live in a place that provides maximum bang for minimal buck. Recently, the Huffington Post created a list of the top ten places for people to retire in the United States. The list is as follows:

Raleigh, N.C.

Pittsburgh, Penn

Lexington, Kentucky

St. Petersburg, FL

Boise, Idaho

Fort Lauderdale, FL

Salt Lake City, UT

Colorado Springs, CO

Spokane, Washington

Norfolk, Virginia

Here in Raleigh, we have moderate temperatures and a strong economy that make our city a great place to retire. Despite having a smaller retiree population, the city caters well to residents of all ages and even has a great new retirement resort hitting the area in 2014. Considering moving to Raleigh? Contact our team today to discuss our competitive rates & get an estimate today.

Durham’s local startup initiative called the American Underground has been picked, along with six other cities, to be a part of Google’s new Tech Hub Network. The honor comes with money and connection to Google’s network of software engineers as well as a wide array of opportunities.  Google recognizing the region as a place for technological growth is definitely an exciting achievement for the area and helps to appeal the city to companies considering opening up a location here and also residents considering relocation to the area. The Durham local movers have found that the other North American cities are Chicago, Denver, Detroit, Minneapolis, Nashville and Waterloo, Canada.

The American Underground is a physical space that plays office to several entrepreneurs, all of which will become part of an overall network that will interface with Google both virtually and physically over the next two years. While the program is initially plotted to span two years, the format also sets itself up t be a long-term relationship that benefits all involved. Local startups will have the advantage of utilizing top tech engineers in Silicon Valley throughout the country and will get the chance to grow with the help of Google. Currently, the Google Glass tour is kicking off nationwide and beginning right here in Durham.

Real estate is growing in Raleigh, thanks to the continual surge of new residents moving into the area. The Raleigh metro area has seen 11.5 percent more inbound moves than outbound moves in recent months and the city ranked eighth in the country among a list of cities with more people moving in than moving out. Nearby Charlotte ranked at #12, proving that the time is hot for North Carolina real estate. The data tracked the peak moving season, which is May 1-August 31, and Raleigh’s growth unfortunately was not enough to put it in the top 15 cities of the US for resident influx. The leading cities were San Jose, CA, Portland, OR, San Francisco, and Seattle.

So what about the flipside of the study? The cities with the largest ratio of people moving out versus moving in were Chicago, New York and St. Louis. North Carolina is no stranger to movers coming into the state, and it ranked the fourth highest destination for moves in 2012. The Raleigh local movers have found that a variety of factors, such as steady job growth and a low unemployment rate, have contributed to the appeal of North Carolina among other destinations.

Raleigh’s own State Employees’ Credit Union has taken on a new venture–fixing up foreclosed properties in the area. There are many neighborhoods throughout Durham that are in need of aesthetic repair, and some streets are cluttered with homes that have decrepit front porches and boarded up windows. The Durham local movers have found that the credit union is taking particular focus to Hibiscus Street, and area where duplexes dating back to the 1960s have fallen into foreclosure due to failed investment property planning. State Employees’ Credit Union now owns the duplexes and they are part of 14 properties that the credit union plans to revamp and rent out.

The credit union hopes to revitalize the area through rehabbed properties and unload some of the foreclosure inventory that they acquired in the real estate market fallout. Currently, the bank has somewhere around 300 properties that need to be dealt with and this project is the first step in that direction.

The State Employees’ Credit Union is the nation’s second largest credit union in terms of assets, clearly affected by the credit union’s property ownership. Asset valuation is at $26.7 billion, with customer valuation at $1.8 million.

CNN’s Money Magazine has some great things to say about Apex, North Carolina–so much in fact that it was included in a recent list of US locations entitled “100 Best Places in America to Live.” The list put Apex in the top 10 of that list, at #9, respectively. A variety of criteria were judged to find the top places, ranging from job opportunity to great schools, crime rate to community ties.

Apex is not a first-timer at being recognized, however, as it was previously included in the 2007 list and also a 2009 list by Forbes. The Apex local movers have learned this year’s list was chosen out of 1,326 towns nationwide in consideration.

This year, Apex was recognized as a place where residents enjoy shopping and socializing at the historic downtown area, and a place that is home to an exciting jazz festival and the annual Peak City Pig Fest. Interested in learning more about Apex? Pay us a visit! In the meantime, you can read more here.

Home sales are significantly growing in the Triangle area, with recorded numbers showing a surge in the July market by 39 percent over July 2012 and has been consistently stronger than sales data each month over month recently. The market, which continues to tighten in available properties, has seen inventory shrink to a near-historic low. According to data, there are only 7,766 homes on the market in Durham, Johnston, Orange and Wake counties combined. The Roxboro local movers have found that number makes for a mere 3 months supply of inventory available for prospective buyers.

The areas of the Triangle seeing the most activity are Raleigh and Cary. Home prices in the county market have risen 5.6 percent from June 2012 – June 2013. Prices in Durham-Chapel for the same comparative times increased 5.2 percent. Despite growth of prices, there are still hurdles that the market has to face, namely in the employment sector.

Many post-graduate young Americans want to know where they should live after college graduation. Affordability is key, but so is an area rich with big city amenities and activities. According to a new list compiled by Money Under Thirty, “Best Cities in America to be Young, Broke and Single,” Durham is among the top ten cities to fit these criteria. The full list is as follows:

10. Oklahoma City

9. Seattle

8. Des Moines

7. New Orleans

6. Omaha

5. Baton Rouge

4. Columbus, Ohio

3. Durham

2. Salt Lake City

1. Austin

What makes a city stand out for this list? Well, for starters, an influential college in the city or area, which Durham clearly has. Despite Duke University’s expensive enrollment, living in Durham is inexpensive and enriching. The Research Triangle is a job hub and was recently named the Tastiest Town in the South thanks to the delectable food offerings. The Durham local movers are not surprised at the inclusion–Forbes also ranked Durham in 2011 as a Best City in America for Young Professionals.

According to data released by the Home Builders Association of Raleigh-Wake County, the amount of single-family permits for new construction in Wake County is up 42 percent over the first half of the year over the same time period in 2012. Wendell and Zebulon had the highest percentage increase in permits, followed by Rolesville.

Other areas saw considerable change as well and as a whole, the state saw 19 percent more permits issued in June 2013 than in June 2012. The Wake Forest movers have learned, according to local industry experts, that new construction in the area is predicted to continually grow. Inventory is still down, in fact the current inventory is about 19 percent lower than the inventory one year ago, and new inventory was down 9 percent.

Further input from the local Home Builders has stated that the inventory of new and existing homes are at record low levels.

Cash buyers are a trend that has taken off amidst the housing crisis, and there are still a significant amount of cash buyers lingering around to take advantage of low prices. In the Greensboro area, 32 percent of sales were cash purchases, and throughout North Carolina the percentage was 33 percent of sales all paid in cash. Additionally, the Roxboro movers have learned that bank foreclosure sales accounted for 13 percent of the home sales in the Greensboro-High point area.

Short sales were also a relevant part of the real estate market, with 15 percent of the Raleigh-Cary sales labeled as short sales, 6 percent as bank owned foreclosures, compared to the Greensboro area with 11 percent of total sales labeled as short sales.