The Triangle area in NC again comes in on top of real estate news!
Forbes sponsored a study of the real estate markets in the country and once again, the Triangle area comes out on top! This research was to investigate which real estate markets would be most likely to appreciate and why. The Triangle’s diverse job market in growth industries is cited as the main reason why the area was selected.
Also important is assessing where people want to live. And one way to evaluate that is which metropolitan areas experienced growth before the recession hit. The greater Raleigh Durham Cary Chapel Hill NC area (the Triangle area in general) has been named a number of times by national magazines over the years as the best place to live in the country – for retirees, for college students and professionals alike. According to the article published by Forbes.com, these factors along with the job market prospects contributed to our area ranking first in the market study for investing in the real estate market. To quote
part of this article: “The investing sweet spot is a market where strong job growth is predicted over the next three years, the population was expanding rapidly before the recession began and home prices are at or near their bottom.” Click here for the article from Forbes.