We have a promising year ahead of us in 2012; long-term mortgage rates are at the lowest level at around 3 to 4%, prices are at the lowest possible points, banks have lots of reserves to help customers get loans and the housing market is picking up.
Unemployment rate is improving. North Carolina’s unemployment rate fell to 9.9 % in December 2011 from 10% in November. Each home built creates an average of three jobs for a year and generates about $90,000 in tax revenue, according to the National Association
of Home Builders.
The US Department of Commerce reported that sales increased 8% in 2011 compared to 2010. It is a great time to buy a home! In fact, it is the best time to buy a home with incredibly low interest rates and favorable buyer conditions. U.S. gross domestic product expanded at a rate of 2.8 percent during the last quarter of 2011.
SilverCrest Homes has three lots available in the Cary’s most prestigious neighborhood – Renaissance at Regency Manors to build luxury dream homes designed precisely for you. Start creating your dream home in your mind, give us a call and let’s have a lovely experience together – we’ll make it happen!
This blog was presented to you by SilverCrest Homes by Nur building
homes in Raleigh and Cary area since 2004

