Home > Blogs > Elizabeth Nieves > Raleigh - Durham NC Real Estate Specialist>>Elizabeth Nieves' Perspective on NC Real Estate and Other 'GOOD STUFF'

BusinessWeek Reports: Durham, NC is the 3rd BEST CITY in the USA for riding out the recession!

By Elizabeth Nieves

Real Estate Agent with The Elizabeth Nieves Realty Group 209227

October 16, 2008 03:08 PM

BusinessWeek just announced what I’ve known for a long time…Durham, NC is a great place to live and work! According to BusinessWeek “The residents of Durham will have significant protection in a recession. It's a college town that's close to other economically vibrant college towns and is commuting distance to state government jobs in Raleigh, the state capital.”

Durham, NC…which is part of the Triangle Area…is the home of Duke University and Duke University Medical Center. With North Carolina State University in Raleigh, NC and The University of North Carolina at Chapel Hill just a half hour in either direction…Durham, NC is also a great place to live if you love college basketball.

Share of jobs in strong industries: 45.5%
Number of workers: 103,331
Metro area unemployment rate: 5.4%
Agriculture jobs: 0.23%
Professional, Scientific, and Technical jobs (legal, accounting etc.): 9.09%
Education jobs: 14.11%
Health-care jobs: 17.96%
Public Administration (Government) jobs: 4.16%

IF you are considering a move to my hometown of Durham, NC…I would love to assist you to find your new home. Being a native of Durham, I am in touch with the current market conditions and know how to find the best deal for you. Please call or email me today to schedule a tour of Durham, NC homes for sale!

Elizabeth Nieves - Broker, REALTOR®

(919)749-3749 cell

Elizabeth@ElizabethNieves.com

Written and Posted by:

Elizabeth Nieves - Broker, REALTOR®

The Elizabeth Nieves Realty Group @ Keller Williams (A Bilingual Real Estate Team serving Raleigh, Durham, Chapel Hill NC and surrounding areas.)

Search Raleigh, Durham, Chapel Hill and ALL Triangle Homes for Sale

Re-Blog

Comments(27)

Comment

Show All Comments

Sort:

Patricia Kennedy

RLAH@properties - Washington, DC

Home in the Capital

Elizabeth, who am I to argue with Business Week? Congratulains!

Oct 16, 2008 04:02 PM

Russell Lewis

Realty Austin, Austin Texas Real Estate - Austin, TX

Broker,CLHMS,GRI

Elizabeth, it appears that you and I are in markets that have fortunately been spared the worst of this current financial dilemma and market down turn. Lets just keep our fingers crossed and continue to move ahead. Thanks for the good news about your part of the world!

Oct 16, 2008 04:04 PM

Karen Anne Stone

New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX

Fort Worth Real Estate

Elizabeth: What a great picture of Durham you have put together. Your statistics look very impressive. Do you have any figures on how many people are moving into the Durham area from out of state ? That would be interesting to know. Thanks for sharing.

Oct 16, 2008 05:36 PM

Karen Anne Stone

New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX

Fort Worth Real Estate

By the way... I see you have changed your picture again. I like this one, but I really liked the one you were using the last few weeks. :)

Oct 16, 2008 05:37 PM

Susie Blackmon

Ocala, FL

Ocala, Horses, Western Wear, Horse Farms, Marketing

Hi Elizabeth, what a great boost for marketing Durham!! Wish we had made Business Week!!

Oct 16, 2008 08:45 PM

Carol Smith

Casmi Photography - Mebane, NC

I'm almost home, Eli! LOL

Can you tell I'm excited? Huh? Can ya? Huh?

The report you have posted was a HUGE factor in our decision to move down there. Not to mention it's just a truly beautiful part of the world!

Oct 17, 2008 12:26 AM

Larry Bettag

Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - Saint Charles, IL

Vice-President of National Production

This is something huge to brag about. Congrats to you sista! Nice marketing.

Oct 17, 2008 02:42 AM

Cynthia Tilghman, Realtor® Onslow County NC Home Specialist

Kingsbridge Realty, Inc - Hubert, NC

Hi Elizabeth,
Are you ready for Carol, the two of you together with all your enthusiasm--what a team!

Oct 17, 2008 02:52 AM

Ann Allen Hoover

RE/MAX Advantage South - Hoover, AL

CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL

Hi Elizabeth - I have never been to Durham, but it must be a great place. We are both blessed to live in communities that have good markets. I am so grateful for that!

Have a great weekend!

Oct 17, 2008 03:08 AM

Patricia Kennedy

RLAH@properties - Washington, DC

Home in the Capital

Sounds like your area is in good shape - combined with relatively affordable housing!

Oct 17, 2008 04:51 AM

Colleen Fischesser Northwest Property Shop

NextHome Experience - Chelan, WA

A Tradition of Trust in the Pacific NW since 1990!

Good news is always welcome in my corner of the world ;-)

Oct 17, 2008 05:12 AM

Don Rogers

Keller Williams Realty Chesterfield - O'Fallon, MO

Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes

Elizabeth, This is a very nice localism report and one that you should be very proud of. This is really good news for your area.

Oct 17, 2008 07:17 AM

Laura Cerrano

Feng Shui Manhattan Long Island - Locust Valley, NY

Certified Feng Shui Expert, Speaker & Researcher

Elizabeth, What wonderful news! I know many people from New York are heading to the Carolinas, this may help them make their decision on where. You and Carol will be one magnificent team!

Oct 17, 2008 01:18 PM

Missy Caulk

Missy Caulk TEAM - Ann Arbor, MI

Savvy Realtor - Ann Arbor Real Estate

Congratulations very good news for any city that wins this award.

Oct 17, 2008 03:15 PM

Jamie Dumaine-Russell

RE/MAX Alliance - Branford, CT

Elizabeth - I just love that Bull Durham photo. Now that Durham NC has been named 3rd best city in the USA for riding out the recession, I might have to think about getting out the cold and highly taxed Northeast and head on down south! :-)

Oct 17, 2008 04:20 PM

Lee & Pamela St. Peter

Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC

Making Connections to Success in Real Estate

Great post Elizabeth! Durham does have a lot to offer and you're making sure to get the word out!

Your Raleigh Realtors

Oct 18, 2008 02:31 AM

Elizabeth Nieves

The Elizabeth Nieves Realty Group - Durham, NC

Bilingual Raleigh - Durham North Carolina Real Estate Team

Hi Everyone!

Thanks so much for all your great comments! Durham really is a great place to live. AND...I should know. I was born here!

CHAS: You KNOW you are welcome here anytime!! GBU!

MICHAEL: Duke is right in the center of Durham. I used to jog around the campus wall everyday. AND...you are also welcome anytime! I'll give my AR buds the reserved tour!! GBU!

KAREN: I'm actually working on that now. I hope to have some numbers together by next week. I think the numbers are going to be impressive. And...regarding the pic...I just did this one for breast cancer awareness month. The old one will be back soon. GBU!

CYNTHIA: I'm SOOOOOOOOOOOOOOOOOOOOOO ready for Carol!! GBU!

DONNA: Come on down, girlfriend!! Carol and I can certainly always use another team player. GBU!

Oct 18, 2008 09:41 AM

Gary McNinch

Better Properties Real Estate - Renton, WA

Broker, Renton WA Real Estate

Hey Lizabet --- bertha, Bob, Bill, Ariel, Bellevue PD, BillieTLW .... all in the basement??? too much info from too many posts .....OVERLOAD......... Crashing ... crashing ... failure..... . . .

Sell and List (backwards I'm now ,oops) FinderHomeRenton to yraG !UBG oops wrong post

Oct 18, 2008 05:01 PM

Liz Moras Migic

Chilliwack, BC

Chilliwack, British Columbia - Realtor

Well you live there so how COULDN'T it be a fantastic place to live, whether you're riding out the recession or not!

Oct 19, 2008 03:57 PM

No Longer Active in Staging. No Longer Staging

Hickory, NC

Hi Elizabeth, My fellow NC sister, great news for the Durham area, really a great part of NC... maybe just 2nd to the NC mountains. LOL God bless,

Oct 20, 2008 08:05 AM