Raleigh Housing Market Healthy

The home building industry new website, BuilderOnline http://www.builderonline.com, has ranked Raleigh as the 6th healthiest housing market in the United States.

According the article, "Another state capital with multiple universities, Raleigh was still adding jobs at a 2.6 percent rate last year. With a population of more than 1 million, it also has one of the highest rates of population growth of any top metro market in the country over the last five years: nearly 5 percent annually. Though the price of a median home here, $223,400, is above the national average, it is well below other cities in the Mid-Atlantic and Northeast. The metro area has added roughly 65,000 jobs since 2005, and employment held steady last year".

William "Art" Sexton
Sexton@RERNC.com
www.Raleigh-Real-Estate.biz