Whats the real estate market in Raleigh doing?
I am not a real estate agent, but my husband and I recently spent time house shopping in Raleigh/Wake County. We are recent transplants from overseas, so I have no basis for comparison on any other American market. Raleigh proper has very few new residential units, although downtown, a few new high rise buildings are going up, and sales for these upscale apartments/condos appears to be brisk. Beyond the downtown area, within the city itself, there are very few new homes for sale. Outside of Raleigh, but still within Wake County, especially to the south/west of the city, new housing developments are going up faster than one would imagine possible. IMO, they are depressingly similar, shoddily constructed and easily dismissed. The area is still growing – Wake County is adding a new high school, and discussing the possibility of going to a year round schedule simply to handle the influx of students. I read somewhere recently that the school district has been taking on 7,000 new students a
