Did you know there is a tiger rescue program right here in the Triangle?
Carolina Tiger Rescue is a not-for-profit organization in Pittsboro, North Carolina that exists specifically to provide a permanent home for unwanted and/or abused endangered animals. Carolina Tiger Rescue also rescues animals that are in need of help. From tigers, lions, cougars, and primates...Carolina Tiger Rescue has them all!
Carolina Tiger Rescue is providing excellent living conditions for previously malnourished, abused and even abandoned big cats and other domestic and exotic animals.
I didn't even know that Carolina Tiger Rescue existed in this area and, even better, they provide tours on weekends. What a great way to enjoy a Carolina afternoon with the family.
Event Details
“The Cary” – Downtown Theater
Public Input meeting
Tuesday, January 31, 2012 – 6:00 PM
Council Chambers in Town Hall
316 N. Academy Street • Cary, NC
If you are eager to share ideas about Cary’s Downtown Theater, mark your calendar for Tuesday, January 31st. The Town of Cary is hosting another Public Input meeting, this time in Council Chambers at Town Hall, 316 N. Academy Street, at 6pm.
The last meeting about Downtown plans was so well attended, a second session was added to that evening. This time around, planners have decided a change to a larger venue will allow all who are interested to find a seat.
The focus at this meeting will center around future plans for the recently purchased theater, to be called “The Cary”. Lots of discussion is swirling around the planned marquee that may include LED or neon lighting.
3 Options on the Table
There were three plans reviewed at a January 19 work session by the Cary Town Council:
1. A standard marquee
2.A marquee with a vertical element
3.A light-enhanced marquee with a vertical element
The Town Council decided to move forward with option #3. Following input from the public meeting, staff will work with consultants on the selected forms and then make final design recommendations for materials and color to Town Council, who will consider a measure to adopt the plan at a later meeting.
If you have an opinion, plan to attend Tuesday night.
Artist's rendering of The Cary Theater

Having just written Cary Real Estate Market Show Signs of Recovery yesterday I am pleased to announce that Inman agrees with our local market assessment. In fact Inman predicts that the Raleigh-Cary Real Estate Market will outperform all others in 2012! I'm not surprised. In 2006 when the bubble burst analysts predicted we'd be the last market in decline and the first market to recover!
The assessment was based on a number of factors including:
Here's to a great year in real estate in the Raleigh-Cary Real Estate Market in 2012!

The real estate market in Cary is starting to show signs of recovery.
Inventory is now stabilizing and home sales are starting to level off rather than continue to decline. That said, here is a look at the current real estate market in Cary.
So, what is going on that's affecting the market?
1. Families relocating to this area are finally selling their homes in other areas in order to relocate.
2. Downward pressure on real estate prices has made areas closer to Research Triangle Park more affordable. The Median Priced Home in Cary is currently $220k.
3. Unemployment is hovering at 7.5%. There are a lot of people that have relocated to the area without jobs hearing about our great economy and strong job growth which has put pressure on the job market.
4. While we were one of the last markets to join the recession we have seen a downturn in overall market activity year over year.
5. LIFO market - we are expected to be one of the first markets to recover.
6. Anyone that purchased after the peak in 2006 will have difficulty making a profit if they were to sell today.
Here are the current market details through Q42011:
Inventory:
• Inventory is declining. New home inventory decreased 35%.
• Median Sales Price has declined 1% in Cary (I always tell clients that are relocating to the area that we did not see the
huge price fluctuations we have seen in other parts of the country)
• Initial price in selling a home is very important. If a seller lists their property correctly the homes sold in an average of 57 days at 97% of list price. However, if a seller has to reduce the price of their home they are netting 90% of List Price and 172 Days on Market.
• The supply of homes in this area is 6 months of inventory which is considered to be a balanced market.
• Closings are down 26% Q42011 and 22% YTD.
• Average Days on Market YTD 2011 is stabilizing-87 DOM, 97 for the Triangle Area
• There are fewer buyers in Cary, and fewer pendings, than in Cary in the higher price ranges(400k+).
• Availability of new construction and builders willingness to negotiate on price is having a substantial impact on the resale inventory.
The real estate market has leveled off and stabilized. However we will face challenges well into 2012 for several reasons:
1.The housing market has stabilized in that we are seeing fewer foreclosures and distressed properties in the area.
2. Consumer worries about the economy and when we will recover from the recession.
3. Instability of the dollar and the global markets.
4. Fluctuation and uncertainty of the US Stock Market.
5. Tightened lending requirements.
6. Families relocating to the area are having trouble selling their homes prior to relocating.
Related Posts:
Frank Page was the founder of the Town of Cary and he admired the
temperance movement which was gaining strength during the last part of the 19th century. One of the leaders of that movement was Samual Fenton Cary. So Frank Page named Cary for his hero Samuel Fenton Cary.
Ultimately the temperance movement led to the 19th amendment to the US Constitution which prohibited liquor in this country from its ratification in 1819 until its repeal in 1893.
Although Page named the town for his hero, many residents thought it should be named for Page. Some people who lived in the area called the town Page's Depot, Page's Junction, or Page's Turnout. These names recognized not only the founder but also the town's railroad heritage.
I'm glad I didn't live back then! That is a long time to go without!
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