Part of 10 Real Estate Markets to Watch in 2012 (an Inman News Special Report) the Raleigh-Cary area was rated as number one! It has a brief summary about the town – population, median sales prices, foreclosure activity, etc. before talking about the area’s market. Below is the word for word article about our area. I hope you enjoy!

“Despite a steep drop in sales, the Raleigh-Cary market saw considerable price appreciation last year, with its median sales price for single-family homes jumping 7.3 percent from third-quarter 2010 to third-quarter 2011.

At $224,300, the Raleigh-Cary metro had the highest median sales price among the 10 markets on this list and was the only market with a median sales price aboce the U.S. median. Nonetheless, its affordability rate stayed above the national level, with 73.6 percet of its homes affordable to households earning the area’s median income, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.”