Inman News reports real estate in Raleigh and Cary, North Carolina is bouncing back better than any other market in the country

The Cable Team Raleigh is comprised of Raleigh Realtors each specializing in Raleigh homes for sale, Raleigh Condos, Raleigh Lofts, first time home buyers, foreclosures, home sellers, and Raleigh relocation. End Quote

Raleigh-Durham-Chapel Hill, NC (1888PressRelease) March 28, 2012 - You don't need to be a statistician to know that real estate agents and mortgage lenders in Raleigh were busy in the 4th quarter of 2011. If you're searching for a realtor, there's no need to look anywhere else, because The Cable Team Raleigh is the best resource for Raleigh Real Estate and Homes Search. The Cable Team has a comprehensive, daily updated Raleigh real estate site, which permits their clients to freely search all Raleigh Homes and Raleigh Condos by map, subdivision and MLS number. Also, please visit their Raleigh Real Estate blog and their Raleigh Real Estate Forum to find out more about Raleigh communities and subdivisions, mansions, and condo buildings for sale. Sellers in Raleigh are considered among the most stubborn in the country in terms of pricing their homes: enlisting The Cable Team Raleigh is certainly in the best interests of potential buyers.

Raleigh is the capital of North Carolina and one corner of what is known as the Research Triangle region. Similar to several of the markets profiled in the Inman News "10 Real Estate Markets to Watch in 2011" report, employment in the Raleigh area is bolstered by jobs in the public sector as well as the health care industry. According to The City of Raleigh Economic Development Program, the Raleigh's major employers are the state of North Carolina, the Wake County public school system, North Carolina State University, WakeMed Health & Hospitals, Rex Healthcare, Progress Energy, Wake County government, and the city of Raleigh.

There is some good news for the Raleigh area housing market with the closed home sales numbers for the month of October 2011. In contrast to many other areas of the country the Raleigh-Cary metro area's median home price has not changed drastically in the past few years. In 2010, the area's median sales price for existing homes was $217,600, according to the National Association of Realtors -- 2.6 percent below the median in 2008. During that same period, the median sales price in the South overall fell 9.3 percent while the median for the U.S. as a whole fell 11.9 percent. More recently, according to Triangle Multiple Listing Service the median sales price was down 0.5 percent year-over-year in the first quarter in Wake County, where Raleigh and its surrounding areas are located. Home values in Raleigh and Cary appreciated, on average, more than seven percent last year, putting them at the top of a national list of real estate markets to watch.

About The Cable Team Raleigh: The Cable Team's mission is to provide unparalleled Real Estate services so that their clients, both buyers and sellers, are comfortable with the entire process. Their team of professionals strives to be savvy, responsive, and attentive to every client. They harness state-of-the-art technology and market knowledge to provide our clients with the latest information. You can find The Cable Team Raleigh at: http://raleighrealestate-search.com/.

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