January 21, 2008
Lower Interest Rates
Reported by T.A.R.R. (Triangle Area Residential Realty), the national average in December 2007 for a 30 year fixed rate mortgage was 5.54% compared to 5.74% in December 2006. The national average for a 15 year fixed rate mortgage was 5.05% compared to 5.5% in Dec. 2006.
January 16, 2008
Top-selling Developments
In the 3rd quarter of 2007, the top-selling developments in the Triangle area with re-sale housing (according to the T.A.R.R. report) were:
Kildaire Farms (171 closings)
Preston (128)
Brier Creek (117)
Lochmere (102)
Breckenridge (95)
Trailwoods (85)
Scotts Mill (83)
Cary Park (75)
Carpenter Village (60)
Oxford Hunt (57)
January 08, 2008
Appreciation in Wake County
The Apex, Cary, Morrisville area had the second highest appreciation percentage rate in Wake County in Jan-Nov 2007, at ~5.4% (according to Nov T.A.R.R report).
