Cary NC Home-New Listing-100 Cutty Court

Cary NC Home | New Listing From "The Mooney-Jones Team"

Lochmere for under 300,000!! WITH updated kitchen including granite countertops,stainless app,hardwood floors on entire first floor, both formals,fenced backyard with privacy,huge master suite...located on cul-de-sac.  4 Bedrooms, 2.5 Baths, 2301 sq ft, we just listed this home and are ready for showings. Please contact us for showings.

Click Below for full information on this beautiful Cary NC Home:

100 Cutty Court, Cary NC Home, New Listing

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Kildaire Farms

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Renaissance Homes

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North Carolina Museum of Art

North Carolina Museum of Art - Things To Do In Raleigh

The North Carolina Museum of Art is home to one of the finest collections of art in the Southeast, an incredible collection that includes paintings and sculpture representing 5,000 years of artistic achievements from antiquity to the present. The Museum features more than 40 galleries as well as more than a dozen works of art in its beautiful 164-acre Museum Park. West Building, completed in April 2010 as part of a major expansion project, holds the Museum’s permanent collection, and East Building features special exhibitions.

This is a museum where you can find your own place—either in contemplative spaces or through lively, engaging tours, performing arts, or family workshops. The Museum invites you to create your own captivating experience each time you visit.

Hours

Tuesday–Thursday 10 am–5 pm
Friday 10 am–9 pm
Saturday–Sunday 10 am–5 pm

Closed Mondays

The Museum Park is open daily, including holidays, from dawn to dusk.

The Museum is closed on Thanksgiving, Christmas Eve, and Christmas Day.

Admission

Admission to the Museum’s permanent collection and Museum Park is free. There is a charge for some special exhibitions and programs, such as concerts, films, classes, and performances.

Location

2110 Blue Ridge Road
Raleigh, North Carolina 27607-6494
Map/Directions to North Carolina Museum of Art

Courtesy of Raleigh-Durham Real Estate and The Mooney-Jones Team
Contact Us: 919.443.5152

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Raleigh-Durham Real Estate Market Bucks The Trend-Lifted By Tech, Education & A New Generation

In dark contrast to many other areas of the country, the Raleigh-Cary metro area's median home price has not changed drastically in the past few years. In 2010, the area's median sales price for existing homes was $217,600, according to the National Association of Realtors, 2.6 percent below the median in 2008.

During that same period, the median sales price in the South overall fell 9.3 percent while the median for the U.S. as a whole fell 11.9 percent. More recently, the median sales price was down 0.5 percent year-over-year in the first quarter in Wake County, where Raleigh and its surrounding areas are located.

Raleigh did not completely escape the downturn, however. Home sales in Wake County started to drop in the fourth quarter of 2007. In 2008, sales plunged 30.5 percent compared to 2007. In 2009, that rate of decline slowed -- closed sales fell 13.4 percent compared to 2008. By 2010, sales were down 8.3 percent compared to the year before.

In first-quarter 2011, closed sales decreased 10.6 percent year-over-year. The estimated supply of homes for sale was 9.6 months in March, up slightly on a year-over-year basis. A supply of six months is considered to be a rough equilibrium between a buyer's market and a seller's market, with a larger supply tilting toward a buyer's market.

Sellers in the Raleigh-Durham real estate market were among the most stubborn in the country in terms of pricing their homes, according to a report by Trulia. The site found that the market's sellers waited an average 71 days before making a first-price reduction -- seventh longest among the 50 largest cities nationwide.

According to the Bureau of Labor Statistics, the non-seasonally adjusted unemployment rate for the Raleigh-Cary metro area in February was 8 percent, compared to 8.9 percent nationally.

New Home Sales Jump 11% In March - New Homes Inventory Lowest Since 1967

New Home Sales Jump 11%

According to the Census Bureau, a new home sales jump in March greatly beat market analyst expectations by rising 11.1% from the previous month. But even better news was the new homes inventory: the lowest since 1967.

Analysts expected existing home sales to post a 3.7% gain.

These results from the Census survey equate to nearly 300,000 new home sales annualized, still down 84,000 from last year.

New sales of single-family homes fell nearly 17% in February from a month earlier, coming in well below analysts' estimates and at the lowest level ever recorded.

The U.S. Commerce Department said the seasonally adjusted rate of 250,000 units last month was considerably lower than 301,000 for January, which was revised upward by 15,000 units. February sales are down 28% from a year earlier.

The seasonally adjusted estimate of new homes for sale was 186,000 in February, representing an 8.9 month supply. A normal healthy market usually holds a six month supply.

New home sales measure the number of newly constructed homes with a committed sale during the month. The level of new home sales indicates current housing market trends and, in turn, economic momentum and consumer purchases of furniture and appliances.

It is hopeful that the increase in new home sales in March marks the end of the downward trend that had taken sales to a record low. But with existing homes being sold at much more competitive prices, the demand for newly built properties will recover only very gradually.

New Home Sales Jump

Raleigh-Durham Real Estate

The Mooney-Jones Team 919.443.5152

The Raleigh Easter Egg Hunt has been moved from Moore Square Park to Halifax Mall

The Raleigh Easter Egg Hunt has been moved from Moore Square Park to Halifax Mall

Raleigh's biggest and best Easter Egg Hunt will take place at Halifax Mall on Saturday, April 23, 2011. This is a FREE event, with more than 30,000 eggs for kids to find, as well as live music, balloons, inflatables and more.

In previous years, Raleigh Easter festivities attracted overflow crowds to Moore Square. Due to damage that Moore Square sustained during the tornado last weekend this year's festivities have been moved to Halifax Mall.

There will be four different egg hunts, each divided into zones by age group, as well as separate zones for children with special needs. Hunts will take place at 11 a.m., 11:30 a.m., 12:30 p.m. and 1 p.m., along with an Easter story reading at noon.

Parking is available near Halifax Mall. These parking decks and lots are convenient and within walking distance to Halifax Mall:

NC Museum/Government Center Parking

100 E. Jones Street

State Government Visitor Parking Lot #2

333 N Salisbury Street

Raleigh-Durham Real Estate
The Mooney-Jones Team / FM Realty / Cary, NC
919.443.5152

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Cary Bank-Owned-REO - Hot Deals - Raleigh-Durham Real Estate

Raleigh-Durham Real Estate, The Mooney-Jones Team, FM Realty, are pleased to offer these hot deals in Cary Bank-Owned-REO properties!

Mortgage Rates Head Lower | Freddie Mac Report | Raleigh-Durham Real Estate

Mortgage rates are heading lower. Long-term mortgages rates turned lower this week after rising for four consecutive weeks.

According to Freddie Mac's weekly rate report, a 30-year fixed-rate mortgage averaged 4.80 percent in the week ending April 21, down from 4.91 percent last week,  A 15-year fixed-rate loan averaged 4.02 percent, down from 4.13 percent.

Dropping from 3.25 percent last week, a one-year adjustable-rate mortgage is now averaging 3.16 percent.

Frank Nothaft, chief economist for Freddie Mac (OTC BB:FMCC) stated “Low inflation is keeping mortgage rates at bay, the 12-month growth rate in core prices was 1.2 percent, which is rather low by historical standards.”

Home sales in the four-county Raleigh-Durham Real Estate/Triangle region – Wake, Durham, Orange and Johnston counties – dropped 13.6 percent year over year in March, to $1,596. The median home sales price fell 1.1 percent, to $181,050, while the days on market until sale jumped 26 percent, to 131.

Click here to download the Triangle MLS report in PDF format.

Raleigh-Durham Real Estate

The Mooney-Jones Team / FM Realty
919.443.5152

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Fastest Growing Cities in the South - Raleigh-Cary, NC (#1) - FORTUNE

  Raleigh-Cary, NC #1 Fastest Growing City in the South

Total Population: 1,130,490
Change From 2000: 41.8%
Raleigh is one corner of the triangle region of North Carolina, a booming area that includes Durham and Chapel Hill and is home to the largest research park in the U.S. In 2010, the Milken Institute ranked Raleigh No. 7 in its list of best performing cities for creating and sustaining economic growth. This Silicon Valley of the East coast attracts flocks of IT-types for jobs at tech giants like Cisco and IBM.
The area also draws professionals in biotech and financial services, with Biogen Idec, Credit Suisse and Fidelity Investments among the area's top employers.

Fastest growing cities in the South - Raleigh-Cary, NC (1) – FORTUNE
Raleigh-Durham Real Estate
The Mooney-Jones Team / FM Realty
919.443.5152

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Never Mind the Silicon Valley: Here's Research Triangle

Research Triangle Park is one of the oldest and largest research parks in the United States. Created in the 1950s, the RTP development now spans over 7000 acres and is home to over 170 companies and some 42,000 full-time employees. But the concentration of tech research and development extends beyond the bounds of just the research park itself, and the surrounding Raleigh, Durham, Chapel Hill and Cary, North Carolina metro areas are commonly labeled together as the Research Triangle, or "The Triangle."

(Read the entire article below)

Never Mind the Silicon Valley: Here's Research Triangle

Just another reason Raleigh, NC is the best place to live!

Raleigh-Durham Real Estate
The Mooney-Jones Team/ FM Realty
Contact: 919.443.5152

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