Those of us living in the Raleigh area now have proof that we’re Number 1! Statistics released yesterday show that Raleigh and Cary combine to make up the fastest-growing metropolitan area in America.
The combined Raleigh/Cary population increased to 1.1 million people between July 2007 and July 2008, a 4.3 percent jump, according to the U.S. Census Bureau data. We’re certainly not surprised, after all we have the top hospitals, the best universities, the Research Triangle Park AND two teams in the NCAA Tournament.
Cary, with more than 134,000 residents, has quickly become a place for families as more than half of households have children under 18 years old. Cary’s attractiveness begins with the great state in which we live. One big draw to North Carolina is the climate and secondly, the abundant education and economic opportunities. With those things in mind, families then want to choose a community a safe, attractive and diverse community like Cary.
In Raleigh, the number of incoming residents within the city limits over a 12-month period has dropped, according to city statistics. About 9,000 new people are expected to have moved into Raleigh from June 2008 to July 2009. Historically, that number is between 12,000 and 15,000. Still, Raleigh is continuing to grow, but not at the same rate as Cary; we can see it in the number of building and inspection permits.
Wtih 11 of the 100 fastest-growing counties nationwide being in North Carolina, I am convinced that Raleigh and Cary will fare better during the downed economy than other parts of the country. We’re a great place to invest; we’re close to the beaches, close to the mountains. And did I mention basketball? There’s no other place to enjoy March Madness than in the Triangle area of North Carolina.
Come grow with us! Learn all about the area and see every home listed in the area’s multiple listing service (MLS) with a visit to www.HomeSearchTRIANGLE.com, www.HomeSearchRALEIGH.com and www.FreemanDavisHomeTeam.com. As long time residents of the Raleigh/Durham area, we’ll make you feel right at home and help you make good real estate decisions.