Chatham County is moving toward an economic transformation with a 1,818-acre “megasite” that will be used by local and state officials to lure a single, very large industrial user. The property sits along the Chatham-Randolph county line and is divided between two owners, Tim Booras and D.H. Griffin Sr., who have both signed an agreement to […]
Loans insured by the Federal Housing Administration are popular among today’s homebuyers because they require a minimum down payment of only 3.5 percent and a lower minimum credit score. Now, to make things even better, the FHA has added a new program called Homeowners Armed with Knowledge (HAWK) to assist first-time homebuyers. The idea behind HAWK […]
Garner, North Carolina is quickly becoming one of the most promising locations in the Triangle for homebuyers. Last year the National Civic League recognized it as a 2013 All-America City, and 2014 promises to bring in even more accolades. Garner’s town council gave the go-ahead last month for $1 million in park enhancements to be paid […]
Crooked Creek Golf Club, which has been operating for 20 years, has decided to sell to a single-family or multifamily residential developer. Tony Withers, one of the owners of the club, said the course economics are getting worse. With plenty of land-hungry builders eager to convert the course into residential lots, Withers expects to fetch enough […]
Happy Independence Day to you and your family from your Raleigh Real Estate Neighborhood Experts, the Graves Team! We hope everyone has a fun filled 4th of July!
Independence Day is almost here! Check out the patriotic activities going on in the Triangle: Raleigh An Olde Fashioned Independence Day at the Joel Lane Museum House 23rd annual Independence Day Open House – 11 a.m. to 4 p.m. Re-enactors demonstrate colonial life Visitors participate in hands-on activities such as wrting with quill pens or […]
Downtown Raleigh keeps renovating as a new four-story apartment complex named The Lincoln breaks ground. The $40 million project held its official celebration earlier this month with Mayor Nancy McFarlane as one of the guest speakers. John Nikolich, whose management and investment firm Banner Apartments is funding the project, said that The Lincoln will be part of […]
The Triangle’s residential real estate market is heating up! Home sales in the area increased by 2 percent year-over-year in May, according to Triangle Multiple Listing Service’s local market report, which includes data from 16 counties in the region. Pending sales also rose by 3.5 percent. Month-to-month sales totals have been continuously growing this year, with […]
Durham is planning to open five new hotels and complete an expansion at a sixth hotel next year. According to Shelly Green, CEO of Durham Convention and Visitors Bureau, the city hasn’t seen that many hotel additions in a single year since 2004. Four of the hotels are expected to open in or near downtown, […]
Happy Fathers Day to you and your family from your Raleigh Real Estate Neighborhood Experts, the Graves Team! Thanks to all the dads for everything you do!