Raleigh Real Estate Rebound!
Barbara Corcoran, founder of the New York real estate firm The Corcoran Group, has come out with the top 5 markets on the verge of recovering from the housing downturn.
Corcoran said on NBC’s Today Show that her list factors included overbuilding, population and job growth, demand from first-time home buyers, vital downtowns, and well-educated populations. She also said she looked for places that had early waves of foreclosures because those places might now be coming out of that cycle.
Corcoran lists Denver at the top but the great news for those of us in the Triangle area is that Raleigh takes the second spot. As far as I’m concerned, there is no problem being a bridesmaid when you’re talking about just missing the top spot in the country for real estate rebounds.
For more details about the Raleigh area and the great real estate on the market, talk with the Freeman/Davis Team at Coldwell Banker/HPW. We’re here to help you learn all about the area and all it has to offer. Ask about the $8,000 First Time Buyer Tax Credit and see every home listed in the area’s multiple listing service (MLS) with a visit to www.HomeSearchTRIANGLE.com, www.HomeSearchRALEIGH.com and www.FreemanDavisHomeTeam.com. As long time residents of the Raleigh/Durham area, we’ll make you feel right at home and help you make good real estate decisions.
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