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The Federal Reserve held the line–leaving the Fed Funds Rate at 2.00% for the third straight meeting. The decision, however, was anything but cut-and-dry.

Earlier in the week, the Personal Consumption Expenditure data indicated that inflation climbed 0.8% overall in June, which is the highest inflation jump in 27 years. In addition, the report indicated that inflation now sits at 2.3%–above the Fed's desired range of 1-2%.

Although the Fed ultimately left interest rates unchanged, inflation obviously remains a concern and the recent rise may lead to an interest rate hike by the Fed in the near future.

What Does This Mean to You?

Many experts believe the housing market is nearing the bottom and may even be set to bounce back up. For now,…

Cary might be still be in the transitional process of moving from town to city in the official records, but the town has already become a symbol of realistic dreams and proactive lifestyle. Inhabitants of Cary are strong because they are strengthened by self confidence, peace of mind, and ample opportunities to work and live in this locality. The environment in Cary is always charged up with enthusiasm and so naturally residents encourage and enrich each other with positive vibes. The community life here is well synchronized and enables you to stand on your feet faster. With landscaping beauty soothing your nerves and soul everywhere the town is systematically built and run. The neighborhoods of the town are blessed with some of the best public and private…

The lifestyle at West Lake can only be described as picturesque. You can watch your children feed the ducks, take a leisurely bike ride around the green neighborhood, or play a game of tennis with your friends before continuing the relaxed day at your charming home.
 
This new subdivision will feature 75 single family homes and 112 townhomes both being built around two natural ponds. With a builder as reputable as D R Horton you can expect the high standard he is known for as well as the high quality finishes both inside and out. 
 
With amenities such as a swimming pool and clubhouse you are sure to find everything you need here. Across the street there are public tennis courts, and when it comes to shopping West Lake has it all. It is close to all…

This is by far one of the most exciting new developments in Cary Park. Southbridge boasts large single-family homes in a rapidly sought after neighborhood. It reflects the All-American family and community values.    This unique community was designed with the people in mind, not cars, so it is extremely pedestrian friendly with state-of-the-art designs just a few short miles from RTP. It is further enhanced by the surrounding 28-acre lake so when you not walking you can take in the beauty of the water. There are biking and walking trails, a swim club, a village center, and a brand new elementary school nearby.  It is a community where people love to live, shop, dine, work, and entertain without the hustle and bustle of city life. The tree-lined… Read Full Post

Surrounded by nature at its finest, this wooded landscaped community is in a premiere area of Cary. With spectacular homes and amenities the Glenkirk neighborhood offers you a selection of high-class family homes built by the award winning John Wieland Homes.    Located within a few minutes of shopping, parks, the RDU airport, RTP, business centers, and downtown Raleigh this easy access location is highly desirable.    The award winning builder has received more than 575 awards for their excellence and quality homes. His expertise and experience are reflected in the wide variety of homes that offer innovative floor plans, timeless exterior designs, and exclusive quality. It is simply the best in family living where neighbors are there to greet you and… Read Full Post

Located in the heart of Cary, this can only be described as the best of Southern living. The communities of Barrington and Regency Park offer some of the most gracious and charming homes on the east side.    From the time you enter the picturesque community the area just screams of luxury. There are many neighborhoods that make up Regency Park. They are Danbury, Cambridge, Wyndfall, Barrington, Kensington, and The Estates at Regency.    Barrington is the most esteemed community with the prices ranging from $750,000 to $4.5 million. They will be complemented nicely by the new development Renaissance at Regency. This is currently being pre-sold now and offers an exclusive development with the price starting at $1.4 million.    With established gardens… Read Full Post

Cary, is the fastest growing city in North Carolina and the 8th fastest growing city in the nation, according to the latest Census figures.  People are streaming into the area so fast that the Wake County school system opened seven brand new schools this year to accommodate the record growth.

Young families are drawn to Cary for it's excellent  schools and for its recognition as one of the top 10 safest cities in the county.  Retirees are drawn to the area for its affordable housing market and low property taxes