Monthly Archives: February 2012

Warren Buffett thinks housing is a good investment

Warren Buffett We need all the help we can get!!

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United Van Lines 2011 Migration Study

United Van Lines 2011 Migration Study Again, North Carolina makes the top inbound list….now if we could get people to move here with jobs!!!

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FHFA House Price Index for 4Q/11

FHFA HPI for 4Q/11 Not good news on the local front. 4Q/11 was the 11th consecutive quarter where the index indicated falling house prices. This index needs to turn to positive territory for our market to rise above current levels.

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FHA default rates increase in December

FHA default rates

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2011 Wake Average Sales Price, Assessed value/sales price ratio

BirchMarketUpdate0212

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2/18/12 WRAL story on Wake new home market

WRAL story on new home market in Wake

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TMLS Market Update for January

TMLS January market update

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January real hourly wages and consumer price index

The following was released by the US Bureau of Labor Statistics. http://www.bls.gov Real average hourly earnings was unchanged from December to January, seasonally adjusted. Average hourly earnings rose 0.2 percent, offset by a 0.2 percent increase in the CPI-U. Real … Continue reading

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News & Observer article on the January residential market

N&O article on the January residential market

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January building permits issued in Wake

Good news on the home building front in Wake County. The dollar value associated with the permits issued rose 26% compared to January, 2011. The 307 permits issued represents a 38% increase compared to January, 2011

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