Archives: July 2012

Economist: Raleigh set to outpace U.S. economy

Creation of new business establishments rose 3 percent in the Raleigh metro area between 2008 and the end of 2011. That was almost double the national rate of 1.7 percent, says PNC Financial’s Mekael Teshome, who believes the entrepreneurship factor will help the area outpace the U.S. in the coming economic recovery.    

Facts About Short Sales

Foreclosure on a home has consequences for the family, the community, the housing market and the economy. However, the option for a short sale does provide a way for troubled homeowners to prevent foreclosure and many of the dire penalties involved. What is a short sale? A short sale is an agreement in which your […]

Understanding Foreclosures – Part One

With all the talk about foreclosure circulating around, it can be easy to get a little confused. You may wonder what a foreclosure actually means, and, furthermore, if you are facing foreclosure, what are your options? In this two-part series, we will briefly and simply answer these questions to help you better understand the ins […]

Understanding Foreclosures – Part Two

Foreclosure can be a very intimidating and confusing concept to grasp. In today’s economy, it is more important than ever to have a basic understanding of the process and what it means for you and your family. In our previous blog post, we explained what foreclosure actually means. Now we will discuss the foreclosure process […]