More Good News For Raleigh

Triangle GoodNEWS

Raleigh continues to be a top-ranking city within the broad category of growth statistics. Data from the Fed ranks Raleigh as the 5th best city in the US for job growth.

The Triangle unemployment rate has dropped to 7.7%.

Lenovo has decided to relocate its customer support operations to the Triangle creating an additional 300 jobs locally.

The Hamner Institute for Health Services is moving ahead with a new 165,000 square foot building. Plans for a long-term expansion of six buildings would add 1,000,000 square feet of space by 2020.

HCL, one of America's leading consulting and IT companies, announced plans to add 200 employees to its Cary facility. This would bring its local staffing to 513 employees.

N.C. State is planning over $500,000,000 of new construction for later this year and 2012.


National GoodNEWS

Altos Research, a residential research firm, reported in an article at CNBC that list prices for homes have risen in 24 of the 26 cities that it tracks. Core Logic, another residential research firm which tracks 6,507 zip codes, also reports rising prices and say that there is a clear sign of a market reversal.

Fixed rate mortgages continue to fall to their lowest levels in years with recent 15 year mortgage rates dropping below 4%.

This quarter finds that 3 out of 4 companies within the S&P Index have beaten sales projections by Wall Street Analysts. 15% of those firms beat sales projections by over 10%.

This past month witnessed a drop in unemployment in 24 states.

General Motors has recently announced that it will invest over $2 billion dollars in 17 U.S. plants.

FamousQUOTE

" There's only one way to succeed in anything and that is to give it everything." - Vince Lombardi


Barton continues to help local business's Lease, Buy or Build. If you know of an expanding business please let us know.

Holly Cow! Rates just went down again!

Rates dropped again! 3.75% for a 15 year fixed. That is free money my friend. With home property prices down as much as 30% in some cases do not miss the opportunity of a life time. Call me today, 919-669-3937. If you want to buy a building, 200 acres or a 100K investment property do not wait. The bottom of this page has the new rates.

Remember you have a friend in the Real Estate Business.

Triangle unemployment rate falls to 7.7%

WOW! More great news for Raleigh! Don't wait on buying or selling today! Whether it be Commercial, Land or Residential call me today!

http://www.bizjournals.com/triangle/news/2011/05/27/triangle-unemployment-rate-falls-to-77.html

Patrick Lawson
919-669-3837

$55M luxury apartments going forward near RBC Center

Read it here!

http://www.bizjournals.com/triangle/news/2011/06/01/55m-apartments-going-forward-near-arena.html