Tag Archives: Raleigh

Raleigh Named Second Fastest-Growing City in America

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Starkey LogoThe city of Raleigh was recently ranked No. 2 on FORBES’ annual list of America’s Fastest-Growing Cities. As part of the Research Triangle, the area offers its residents an exceptional quality of life. More and more Americans are realizing this fact and rushing to call the beautiful city of Raleigh home.

The state of North Carolina was ranked by FORBES as the fourth best state in the country for doing business, and it is evident that many companies agree with this ranking. The popular Research Triangle area is home to more than 170 companies, including IBM, Cisco and GlaxoSmithKline. The state’s relatively low cost of doing business is bringing even more businesses into the area, which is creating more jobs for local residents. In addition, the wider area is home to several major universities, including North Carolina State University in Raleigh, the University of North Carolina at Chapel Hill and Duke University in Durham.

This combination of job opportunities and educational institutions means that the local population is highly educated. Nearly half of the area’s residents aged 25 to 65 have a college degree, and many graduates choose to remain in the Research Triangle after they’ve completed their education.

According to FORBES, the influx of business to the region has caused Raleigh’s job rate to rise 2.44 percent year-over-year, while the population climbed an estimated 2.15 percent in 2013. This rise in the population helped the city of Raleigh to climb from its No. 4 spot on the 2013 list to the No. 2 spot on this year’s list of America’s Fastest-Growing Cities.

“It’s exciting to be at Starkey Mortgage because we are positioned to execute in both the current and future market conditions,” said Jonathan Hayward, Regional Builder Services Manager, East Region. “We are engaged in hiring and opening new offices for future growth.”

If you are searching for the perfect location to call home, the city of Raleigh and the entire state of North Carolina are an excellent place to move. With great education opportunities, a low unemployment rate and a great quality of life, now is the time to make Raleigh your home.

For more information on obtaining a new home loan in North Carolina from Starkey Mortgage, please contact Debra Watt, senior vice president and regional manager (NMLSR #346277, NC License #I-149994) at 704-246-0132 or dwatt@starkeymtg.com.

Equal Housing Lender. WR Starkey Mortgage, LLP NMLSR# 2146, 10800 Sikes Place, Suite 110, Charlotte, NC 28277, Branch Phone: 704.849.2125, Branch NMLSR#93518, Branch License #L-112550-102, SC License #MLB-93518.

 

Raleigh’s Recent Population Growth and Job Opportunities Rise

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raleigh-aerialAlthough job opportunities are at an all time low, finding a job might be easier than you think. Relocating for new job opportunities is never easy, but now it may be worth it. Pack your suitcases and move to Raleigh for a new life, address and job.

With the city’s recent population growth, Raleigh is now fourth on Kiplinger’s list of eight cities with surprising job growth. Based on the U.S. Department’s labor projections, cities like Raleigh will outpace the nation’s seven percent job growth average between now and 2017.

Kiplinger’s analysis considers demographic trends and industry growth. They analyzed metro areas contain a population of at least one million people, and a track record of above-average population and job growth from the 2008 to 2009 recession.

The beautiful city of Raleigh is surprisingly beating nationwide economic instability. With approximately 75,000 new jobs, Raleigh has only a 7.4 percent unemployment rate. Major employers like Duke University, the University of North Carolina, IBM, Cisco, GlaxoSmithKline, Nortel, Verizon and Lenovo transforms Raleigh into a magnet for high-tech and biotech jobs. Raleigh is also home to many government jobs as well as thousands of private-sector jobs including the regional hub for the U.S. Environmental Protection Agency.

Other cities with rapid job growth include Nashville, San Antonio, Orlando, Portland, Oklahoma City, Phoenix and Atlanta.

For a complete list of eight cities with surprising job growth, visit Kiplinger. For more information on Carolina real estate, visit the website.

North Carolina Cities Make the 10 Fastest Growing U.S. Cities List

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Charlottecity

According to the U.S. Census Bureau, Charlotte’s population has grown 64.6 percent between 2000 and 2010 making it one of the 10 fastest growing cities in America. Despite the recession and housing market, Charlotte has record population gains despite the national average of 10 percent population growth.

Initially recognized as a transportation center, Charlotte is now the “second largest financial center in the nation, after New York,” said Bob Morgan, president of the Charlotte Chamber of Commerce.

Jobs at big banks like Bank of America, Citi, Ally Financial, JPMorgan and Wells Fargo have helped the city grow tremendously.

Because of this population growth, there was an increase in demand of Charlotte new homes.

Another North Carolina city that has overcome the odds despite economic instability is Raleigh with a 63.4 percent growth between 2000 and 2010. Because of the high percent of population growth, there has been an increase in building Raleigh new homes.

Named after Sir Walter Raleigh who popularized tobacco use, the city of Raleigh once depended on the tobacco crop for economic success, but now Raleigh is known for its intellectual hub of many technology firms. These firms include Red Hat, an open source software company and Etix, a web-based ticketing company for sports, entertainment and travel.

For a complete list of the 10 fastest growing U.S. cities visit CNNMoney. For more information on Carolina real estate, visit the website.

Raleigh Remains Atop Best Cities for Jobs List

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Raleigh is #2 on the List of the Best Performing Cities

Raleigh recently found itself ranking seventh in New Geography‘s annual survey of the best places for jobs. This marks the seventh year in a row that Raleigh ranked within the top 15 cities.

Raleigh is one of the cities that benefits from the nationwide tech growth trend. Other cities benefiting from technology are Austin, Salt Lake City, Seattle and Denver. Other major contributing factors for many cities’ rankings include the energy sector, government-dependence, military towns, manufacturing and the housing bubble. Additionally, for the first time since the recession, 2011 saw more growth in private sector employment than in the public sector.

The list is created by ranking all 398 current metropolitan statistical areas based on employment data from the Bureau of Labor Statistics from November 200 to January 2012. These rankings are calculated based on recent growth trends, mid-term growth, long-term growth and the region’s momentum. The rankings are also broken down by size since regional economies differently due to their scale.

An increasing number of jobs and Raleigh’s ranking on this list will only serve to boost home sales in this region. For more information on North Carolina real estate, visit our site.

Raleigh Really is the Best Place to Live

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Residents of Raleigh have always known the luxuries of living in this thriving southern city, but their secret is out as Raleigh tops several best live, work, and play lists. MSNBC ranked Raleigh as the top place to live in the United States while Kiplinger’s Personal Finance Magazine put it at number two. While Raleigh takes pride in both rankings, what should have residents really excited is that Forbes.com selected Raleigh as the fifth best recession proof city as well as the second best city for bargain house hunters. Raleigh was also the only city to finish in the top ten of three categories in Bizjournals findings of markets with top population growth, job growth, and the percentage of young adults with college degrees. As if this long list of top national rankings is not enough, the Raleigh airport was also recognized as the tenth least miserable airport by US News and World Report. Raleigh is truly a great and thriving place to live and work right now, and with the rest of the nation facing economic hardships and a harsh housing market, these great recognitions can only drive more industry and profits into our city. Raleigh and its surrounding area is also such a great place to raise a family, that it was only a matter of time before the rest of the nation caught on to our best kept secret.