Unemployment rates in metropolitan areas fell below 7% in the month of November. According to the Labor Department rates fell in 215 of the 372 largest metro areas in the country, and below 7% in 192 cities; that marks the first time since the recession ended that more than half of large cities dipped below […]

  We are happy to have Melanie Osborne join the Ida Terbet team & Coldwell Banker HPW! Melanie first received her real estate license in 1996.  In 1997, she started working with Fonville-Morisey in North Raleigh.  In 1999, she opened up her own real estate company, Cornerstone Real Estate & Associates.  In 2005, her company was […]

The average U.S. rates on 30-year fixed mortgages were approaching their record lows last week, slipping to 3.34 percent, according to mortgage buyer Freddie Mac. That is close to the 3.31 percent rate reached in November, which was the lowest on record since 1971. The average on a 15-year fixed mortgage was 2.64 percent. This […]

December job numbers exceeded analysts’ expectations with private sector employers adding 215,000 jobs, according to a montly survey by payroll-processing company ADP. These numbers would indicate that companies did not hold back on hiring due to fiscal cliff woes, as was previously expected. As Mark Zandi, chief economist at Moody’s Analytics said on a call […]

The Titanic, the most largest ship of its day and also unfortunately the most famous shipwreck in history, continues to be a marvel and draw the interest of people around the world. Now, one hundred years later, over 200 artifacts retrieved from the wreckage of the ship have arrived at the North Carolina Museum of […]

If you are still without a New Year’s Eve plan, head down to Raleigh’s First Night celebration, featuring what is possibly the world’s largest acorn! First Night is an all-day celebration in downtown Raleigh, with events beginning at 2 PM that continues into the evening to ring in the New Year with the acorn drop […]