Growth over the past seven years has added 205,124 new residents, nearly a 33% increase

In 2006, Wake County (Raleigh) was ranked #7 in population growth and added more residents than virtually every county in the U.S.

From 1990-2005, population growth in the Triangle (Raleigh/Cary/Durham/Chapel Hill) has grown 57% compared to 31% in N.C. and 19% in the U.S.

Population of the Triangle is expected to grow to 2.4 million people by 2030 (20+ years from now) from the current population of 1.5 million today.

Triangle Accolades

• #1 Top 10 Best Places to Live in the U.S. – msnbc (June 2008)
• #7 Business Boomtown – Inc. (May 2007)
• #7 Top Appreciating Metro Areas – Money (December 2007)
• Top 5 Cities for Young Singles – Kiplinger’s (June (June 2007)
• #1 Sellers Market / Residential – Forbes (June 2007)
• #2 Best Cities to Live, Work and Play (July 2008)

(AP – Associated Press)  March 26, 2008 – Though the spring selling season usually gives the housing market a bounce, some analysts say a notable improvement may not come until well into the summer.  U.S. home prices fell 10.7 percent in January, and the Standard & Poors home price index of 20 cities saw the steepest decline in the index’s two-decade history.  Raleigh is not included in the index, but it has managed to resist the national trend.  In January, home prices rose 3.6 percent compared with the year before.

The Freeman/Davis Home Team, trusted real estate advisors in the best of places!  Call 919-649-6638 or visit us online at www.FreemanDavisTeam.com   &   www.HomeSearchRALEIGH.com and click the “Contact Us” button.  We are here as your TRUSTED ADVISORS and to help you make GOOD DECISIONS!  Rick Freeman and Amy Davis, award-winning Coldwell Banker / HPW Real Estate Brokers.