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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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