James7bond's Blog: Cary NC Real Estate

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…

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