Winston Salem, NC area Real Estate Market, Business & Community News Provided by Tony Green, Broker, Realtor, EXIT Realty Elite Office: 336.462.9544 Cell: 336.287.4423
I’m really proud of the Winston-Salem area where I call home. We have cutting edge medical facilities, are on the fore front of bio-technology, been ranked #2 on the list of “Top Digital Cities“, been recognized as having a very low cost of living, and have a great arts community.
Now, Bloomberg Business Week has recognized our city as one of “The World’s Cheapest Cities for Expensive Living”.
Winston-Salem is a fun town with plenty to do. Downtown is in the middle of revitalization, and has really brought the city back to life. Since I’m a big baseball fan, one of my favorite things to do downtown is watch the Winston Salem Dash at the BB&T Ballpark. The Dash are a Minor League “High A” affiliate of the Chicago White Sox and play in the Carolina League.
2010 was the inaugural season for the Dash & ballpark. Previous to being the Dash, the team was known as the Winston-Salem Warthogs. You can read more about the history of the team here.
There was a lot of controversy (due to funding) before the new baseball stadium opened, but personally I believe it will be great for the city in the long term. The team had a lot of success in it’s first year making the playoffs, and drawing 312,313 total fans to the new park which led all Advanced-A teams in attendance. The ballpark was also voted “Best Ballpark” of 2010 by Ballparks.com .
Be sure to leave your comments below on what your most fun things to do are in Winston-Salem.
Basketball fans around the country have debated which state has the best basketball: Indiana, New York, Pennsylvania to name a few. But the BEST basketball is here in North Carolina without a doubt! They don’t call it Tobacco Road for nothing! Since we have the BIGGEST and BEST rivalry in all of college basketball, Duke vs. UNC, coming up tonight at 9 pm on espn, I wanted to share a link to the ACC Video Vault. 
The ACC Vault has full games, highlights, overviews and video of over 100 ACC Basketball games dating back to 1980. You can search by favorite team, players, games, and there are also historic features, interviews and profiles. There are even 13 Carolina – Duke games. If you love ACC Basketball the way I do, you will love the ACC Vault. Be sure to add your comments below to who’s going to win or what are your favorite ACC basketball moments. Now, go pull for those TARHEELS to BEAT dook!!!
Good Jobs First, a nonpartisan watchdog group based in Washington, D.C., recently announced their list of states with the best grades for economic subsidies to businesses. Subsidies are used for job creation and with most states seeing budget cuts, seem to be the norm around the country. Their grades are based on reviews of state economic development transparency.
North Carolina was given a score of 69, which was the third highest score behind Illinois and Wisconsin. You can read the full report at the link below.
Evaluation of State Governments’ Disclosures of Economic Subsidies Report
One of my favorite dishes at Thanksgiving is sweet potato casserole. I could eat it for breakfast, lunch and dinner,and I’m sure a lot of you feel the same way! A recent New York Times article shows that North Carolina is helping fill all of those casserole dishes. U.S. Farmers expect to bring in a record harvest this year of 2 billion pounds…thats BILLION with a “B”. Dog gone it that’s a lot of sweet taters! And North Carolina expects to harvest almost half of that…ONE BILLION POUNDS right here in North Carolina. That’s pretty sweet! (sorry for the pun 
Sweet Potatoes Step Out from Under Marshmellows
College bound students may not be so concerned about how much their housing is going to cost, but obviously their parents are. And with one in college, and one going next year, trust me, I know! Many parents of college students are weighing the costs of on-campus dorm fees or rent versus investing in a property for their son or daughter to live in. Parents of students at Wake Forest, Winston-Salem State, Salem College, or even Forsyth Tech should consider
A recent survey has shown an increase in parent investors in college towns. The Top Five Most Affordable Markets in College Towns are below followed by each market’s average list price for 4 bedroom, 2 bath homes.
Winston Salem’s own Wake Forest University rolled in at #31 with the average home listing price of $185,020. And with Winston-Salem being the city with the lowest cost of living, it makes a lot of since to go to school here. After all, you’re paying almost $50k per year for your child to go to school here, so you better look to save somewhere!
Do you know parents who have decided to invest rather than rent or pay dorm fees? Don’t hesitate to provide your feedback below.
Most Affordable and Most Expensive Housing Markets in College Towns
North Carolina has been selected as having the best climate for business for 2010 by Site Selection Magazine. North Carolina has dominated the annual selection
for the last ten years, winning six years in a row and 9 out of the last 10 (reminds me of the same domination in NCAA Basketball!).
The rankings are based 50% on state performance and 50% by a survey of corporate site hunters. The article lists several strengths of NC including higher-education resources; work-force training initiatives; moderate climate; and transportation infrastructure (Do you hear that NC DOT? Winston Salem needs the Northern Beltway to help NC…sooner than later!). The magazine also stated the proactive business recruiting by the governor.
Site Selection Magazine Selects North Carolina as Top Business Climate
| 6375 Robinhood Rd Pfafftown, NC | |
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| MOTIVATED SELLER WILL CONSIDER ALL OFFERS!! Reagan School District!! A lot of house for the money. Large lot. Large Eat-in Kitchen. Fireplace with Gas Logs. Office. Large Large Bonus Room not included in square footage. Great potential. Just needs some TLC. Make an appt today! | ||||||
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A University of North Carolina at Charlotte economist forecasts that the recession will end in NC during 2010. Economist, John Connaughton, is a professor at the Belk College of Business at UNC Charlotte. He says that 7 of 11 economic sectors are set to rise this year in NC. Real Estate is one of the sectors with projected growth of 5.2%. That’s good news for sellers who have had to weather one of the worst real estate markets in history. Even though the housing market in the Triad area has not been hit hard, there has been a decline for the last three years.
Read the full article below.
The Recession Ends in North Carolina in 2010
Now is a great time to sell your home, as many people are looking to buy in the Spring. If you would like a Highest Price Analysis please give us a call or stop by and see us on 3401 Healy Dr., Suite B, Winston-Salem, NC 27103. We’re right beside the post office, so our office is easy to find. Our digital marketing strategy is like no other real estate firm, so before you list your home with someone else and end up on the expired list, give us a call. We look forward to working with you.
The Winston Salem Journal published an article earlier this week that shows the local real estate market in Forsyth County is making some progress. Home sales were down in December from November, but they were up 5% from December of last year. Prices were slightly up from 
November at $162,645, however a bit lower than $163,688 of December last year. The local board of Realtors (Winston Salem Regional Association of Realtors – WSRAR) is pleased with this progress locally based on many markets around the country showing a decline. Read the whole article below.
Winston Salem Real Estate Market Encouraged by Home Sales in December, 2009
With prices increasing it means inventories are going down. So if you have been thinking about selling, but were unsure if the time is right, give me a call and request our free Market Timing Analysis for sellers. You could be risking losing money if you continue to wait for prices to keep going up due to other factors that can affect a seller’s net.
