Raleigh is #5 in Forbes List of Recession Proof Cities!

This is great news for those of us who live in or are moving into the greater Raleigh area. Forbes.com recent online article, America’s Recession-Proof Cities, by Joshua Zumbrun, ranked Raleigh as #5 out of 10, when compared to the nation’s 50 largest metros. Forbes.com found Raleigh recession proof based on these favorable stats:

Median home price: +4%

Unemployment: 4.2% (from 3.7%)

Key growth: Professional and business Services, +7.4%; education and health, +6%

Stable home prices and growth across the different sectors of its economy have kept Raleigh strong. In the last 12 months, all industries measured by the U.S. Department of Labor have grown except for the city’s small information sector.

Carolina Preserve – Active Adult Community

Carolina Preserve, Amberly Planned Development

 

Carolina Preserve at Amberly is becoming the premier community for active adults in the Triangle. Designed for people 55 years-old or better, this neighborhood is nestled into a larger mixed used community which features walking trails, a fitness center, state-of-the art recreational facilities, indoor and outdoor pools, and retail shops. Located in Cary, North Carolina, Del Webb has taken the charge at creating residences uniquely tailored for active adults. All the cottages feature low maintenance landscaping, open floor plans, first floor bedrooms and custom details for luxury living. An added bonus for this phase is that some of the cottages back to Jordan Lake Game Land reserve for extra privacy.

 

These detached homes range from 1400-4000 square feet and start in the $260’s.  Townhomes can be found in the low $200’s as well. Currently on the market are both new construction and resale. Home Owner Association dues include yard maintenance and residents club. Buyer’s Incentive Programs are currently available in this neighborhood!