Good news for Wake County’s residential real estate market. According to Triangle Area Residential Realty, the number of listings in May were down 25%, the number of re-sale listings were down 26%, the average list price was up 1%, the average closing price was up 4% and the months of supply dropped from 8 to 5. The inventory of vacant homes in the Triangle is the lowest its been in 13 years.
Raleigh has been ranked in the top 8 for cities with potential for job growth. For the complete list of cities and statistics, check out this article from Yahoo! Finance.
Yesterday marked the first day of Triangle Restaurant week During this week long event, participating restaurants will be offering a special fixed price, 3-course meal at $20 and $30. This is a great opportunity to try that restaurant that you’ve been hearing about for a fraction of the cost. Don’t wait too long though. The last day to take advantage TRW is Sunday, June 10th.