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3:51 a.m. • 5-19-13

Weather Forecast for Raleigh

  • Today: Thunderstorm.
    • Hi: 78° F
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Jeremy Salemson

Triangle Business Today

Jeremy Salemson, CEO of Corporate Investors Mortgage Group, blogs about economic trends and data and their impact on Triangle business. Each week, he interviews a Triangle-area business leader for a personal look at the local economy.

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  • 6:37 p.m. Wednesday

    Inventory of homes for sale is low this spring in the Triangle, according to Tina Caul, listing specialist with The Caul Real Estate Group.

  • May 10

    Spokeswoman Mary Catherine Tucker explains a bit of the history of a company born in recession on an upward trajectory.

  • May 2

    What a week for economic data points! While many eyes are focused on Friday’s jobs report it was the jobs number that preceded Friday’s data which delivered a disappointing number on Wednesday. The ADP private sector jobs report gave us 119,000 jobs for April, which was a number that fell well below economists’ expectations and provided further concerns that the labor market is still very weak. To add insult to the April data the March report was revised lower by an additional 27,000 jobs.

    The 10-year yield moved south on that negative data dropping to a yield of 1.62 on Wednesday. Mortgage rates have also moved lower, becoming the beneficiary of recent weaker than expected economic data.

    On the positive side for housing the Case-Shiller home price index delivered good news for February prices earlier this week. According to the report home prices rose 1.2% from January, but were 9.3% higher in year over year data. The continued improvement in prices...

  • April 24

    Real estate always pays off, says Marti Hampton, leader of the No. 1. ReMax realty team in the country.

  • April 18

    Well-positioned, well-priced homes are selling quickly, according to Chris Morton, co-owner of rare Properties.

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