Glen Laurel Offers The Top Schools In The State

Back to school is right around the corner!  If you are looking to move and have school age children, the schools that they will attend are a very important factor when it comes to choosing your new home. Glen Laurel, located in Clayton NC, will provide you with not only the perfect home but with a great school district for your children too.  If you are relocating to the Triangle area or have been a resident for years, the community of Glen Laurel is sure to offer something for everyone.

Children that live in Glen Laurel will attend Johnston County Schools. Schools in Johnston County have consistently ranked among the top in the state. The schools are in close proximity to Glen Laurel so your child will not have to spend a long period of time commuting to and from school.

Schools:

Powhatan Elementary- Grades K-5
Riverwood Middle -------Grades 6-8
Clayton High------------ Grades 9-12

Buying or selling a home is a big decision and should not be taken lightly. When purchasing a new home it is important to look into what all the community has to offer you. Glen Laurel has something for everyone such as: Neuse Golf Club, a fully staffed Racquet and Swim Club, sidewalks, wide streets, beautiful homes, large lots, and mature trees.

If you are interested in learning more about living in Glen Laurel, contact Rodney Geohagan. The Geo Team is here to help you with all of your real estate needs. Rodney Geohagan is a certified distressed property expert who has the experience to help you sell your home and is qualified to help you with all options before it is too late. There are a lot of questions about how the short sale process works and whether a homeowner would be better off selling short or signing over their deed in lieu of foreclosure. Rodney has the answer and would love to sit down for a confidential review of your options.

Raleigh Listed Among The Top 10 Places To Buy A Home

Living in Raleigh is among the best places to buy a home according to a recent article released by Forbes magazine. Many housing markets across the country are suffering from decreased home values and increased foreclosure rates but that is not the case everywhere.

Stan Humphries, chief economist at Zillow.com had this to say in regards to those cities that made the list. "These markets are very affordable, where people are typically spending under 2.5 times their income on a house so it's pretty affordable, and they are now spending what they were paying in the 15 years between 1985 and 2000." Of the ten best places to buy a home none of those cities are situated on the west coast.

Raleigh came in number 7 out of the top 10 cities to buy a home in. Raleigh was also the most expensive market out of the 10 that were listed as the best places to buy a home. The midpoint price of a home in Raleigh was $171,800 and the foreclosure rate was .88 percent. The housing market criteria that Forbes looked at to determine their rankings looked at the overall picture of the city including rate of vacancies and foreclosures.

There are several unique communities close to the Raleigh area and Glen Laurel is one community you must consider when it comes to buying a home. Glen Laurel provides its residents with access to an award winning golf course along with a Racquet and Swim Club.

With an easy 25 minute drive to Downtown Raleigh, this community is the perfect place to call home.

If you are looking to buy or sell a home in the Raleigh area, contact Rodney Geohagan. The Geo Team is here to help you with all of your real estate needs. Rodney Geohagan is a certified distressed property expert who has the experience to help you sell your home and is qualified to help you with all options before it is too late. There are a lot of questions about how the short sale process works and whether a homeowner would be better off selling short or signing over their deed in lieu of foreclosure. Rodney has the answer and would love to sit down for a confidential review of your options.

Manufacturing Grows At A Rapid Pace In The United States And In The Triangle Area

Manufacturing in the United States grew at the fastest pace seen in the last seven years last month, and the Triangle area also saw an increase in manufacturing.  However, with the sudden rise in the price of raw materials there is some concern that it could threaten profits.

According to the Institute for Supply Management, it reported that the index of manufacturing activity rose to 61.4 percent in February; which was up from 60.8 percent in January. The last time this index saw numbers this high was in May of 2004. The index reached its lowest level in 30 years in December of 2008 with a level of 33.3. Any level above 50 indicates expansion in the manufacturing industry. Many economists agree that the recession ended in June of 2009 and since that time factories have rebounded across America.

The Triangle area also saw an increase in manufacturing over the past year. Manufacturing jobs in the Triangle area grew by 3.5 percent according to the North Carolina Manufacturers Register. The Triangle area makes up only 4 percent of the state of North Carolina’s manufacturing work force.

The Triangle area is booming and now is the time to get in on the action. If you are looking to buy or sell a home in the Triangle area, contact Rodney Geohagan. The Geo Team is here to help you with all of your real estate needs. Rodney Geohagan is a certified distressed property expert who has the experience to help you sell your home and is qualified to help you with all options before it is too late. There are a lot of questions about how the short sale process works and whether a homeowner would be better off selling short or signing over their deed in lieu of foreclosure. Rodney has the answer and would love to sit down for a confidential review of your options.

The Economy is Picking up Pace. Will Triangle Home Sales Follow?

The economy is slowly picking up pace and home sales in the Triangle area will hopefully soon follow its lead. The month of January showed that home sales in the Triangle area were slightly down for the month. Durham, Johnston, Orange and Wake counties had a total of 862 homes sold in January, which is down 2 percent from the same time compared to a year ago, as reported by the Triangle Multiple Listing Service.

This time a year ago, the government was offering the home buyers tax credit which helped in the home selling process. Stacey Anfindsen, a Cary appraiser who analyzes MLS data for the Triangle area, had this to say in regards to data we are seeing now compared to last year. "It's probably going to take a full year to get the incentives out of the system, and during that time the comparisons are going to be terrible.”

Mortgage interest rates are still at historically low numbers but are also slowly starting to increase. This increase could cause home sales to rise as those potential home buyers that are on the fence about purchasing a home in the Triangle area, may take the plunge now to avoid having a higher interest rate that is to come in the next few months.

If you are looking to buy or sell a home in the Triangle area, contact Rodney Geohagan. The Geo Team is here to help you with all of your real estate needs. Rodney Geohagan is a certified distressed property expert who has the experience to help you sell your home and is qualified to help you with all options before it is too late. There are a lot of questions about how the short sale process works and whether a homeowner would be better off selling short or signing over their deed in lieu of foreclosure. Rodney has the answer and would love to sit down for a confidential review of your options.