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Raleigh is cheap — but not in a bad way. SmartAsset determined that Wake County is No.1 in the state for the most favorable cost of living.
The research firm concluded that people living in Wake County have the ability to buy more things, like a house, due to the area’s higher purchasing power index. That number was calculated using the cost of living + the median income for the area ($80,591).
However, with ~64 people moving to Raleigh every day, buying a house is becoming harder + harder.
Supply is low, but demand is high — and 31% of homes in Raleigh were sold above their listing price in Dec., according to Zillow.
The pandemic is adding to the strain on the housing market, with people wanting a more comfortable place to work from home.
It also brought more people to the area that we affectionately like to call “Zoomers.” They came here when life transitioned to being virtual for the warmer weather + lower costs of living. Welcome, y’all.
If the housing market is stressing you out now, take a deep breath because Raleigh is only going to continue to grow. City leaders predict the population will reach ~600,000 by 2030.
Wanna see what is still available in the market? |
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Front of house | Triangle MLS, Inc.
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This house may not look like anything special from the outside, but it actually has a spiral staircase, a library, a full wine cellar, and 11 bathrooms. No wonder it’s listed for $5.5 million.
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| What’s your dream home style? |
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| Share today's conversation with your out-of-state friends who need to move to the Triangle area. |
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Weather
○ 72º | Partly cloudy | 52% chance of rain
ComingSoon
○ National sensation Jeni’s Splendid Ice Cream is coming to Durham’s Brightleaf Square later this year. TryThis: Their Strawberry Pretzel Pie flavor created by — the one and only — Dolly Parton.🍦(The News & Observer)
○ Chicken Salad Chick, a fast-casual restaurant, is expanding in the Triangle with at least 5 new locations over the next 5 years. A pair of retired Coca-Cola executives bought the local franchise rights and opened the first location in Cary last Sept. 🐥 (Triangle Business Journal)
Outdoors
○ Lake Johnson maintenance and renovations are now finished. Guests can stop by the Waterfront Center to purchase launch access for their boats + sit out on the deck to enjoy the lakeside views.
Development
○ The city of Raleigh purchased land on New Bern Ave. with the hopes of preserving it for affordable housing. The tract includes 24 duplex units, and is situated along the future bus rapid transit route. (The News & Observer)
○ An ag-tech company, EnviroFlight, is moving its HQ to Apex and is building a new research + development facility. The 30,000 sqft facility in Apex’s new industrial and business park, Cash Corporate Center, is a $9 million investment. (Triangle Business Journal)
Civic
○ The Raleigh Rezoning Engagement Portal has arrived — you can now find information about the rezoning process, ask questions about specific cases, and leave comments for staff. The first case in the portal is 115 + 119 N. Boylan Ave.
Number
○ CEO and founder of Epic Games Tim Sweeney is now the richest person in NC, surpassing Jim Goodnight, CEO and founder of SAS. Sweeney’s net worth hit $7.4 billion last week after his company completed a $1 billion funding round. 💰 (TechWire)
List
○ Triangle Business Journal named their 2021 Health Care Heroes Awards winners— including Dr. Madjimbaye C. Namde who won the category of Covid-19 Frontline Health Care Worker. See the full list here. (Triangle Business Journal)
○ Grab your popcorn + a blanket— check out this list of drive-in movies happening in the Triangle this month. 🎥 (Raleigh Magazine)
WaterCooler
○ NC State head football coach Dave Doeren’s contract was extended through the 2025 season. Doreren has an overall record of 55-46 for his 8 seasons with the team + has the second most wins in school history. (247sports)
Arts
○ High school students have a chance for their artwork to be displayed for a year in the US Capitol through this art competition sponsored by members of the US House of Representatives. Find out more details here.
Find Triangle-area focused coronavirus resources below.
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Wake County Parks hosts a photography contest on Instagram with a different theme every month. Last year, thousands of pictures were submitted through the #WakeParks365 tag.
The winning pictures captured the natural beauty of our community so well they were made into postcards available to pick up at local parks + nature preserves. |
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#DYK that your photo could be featured in our newsletter? Just use #RALtoday on social media.
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Biz
○ State Energy Conference | Mon., Apr. 19–Thurs., Apr. 22 | Various times | Virtual | $49+ | Attend sessions + speaker presentations about NC’s energy economy.
Arts
○ Tangled Treasures | Mon., Apr. 19 | 6:30–8:30 p.m. | Virtual | $15+ | Make Zentangle Inspired Art (ZIA) at this class by the NC State Craft Center instructor.
Civic
○ Sustainability Wildlife and Urban Trees Committee | Mon., Apr. 19 | 4–7 p.m. | Virtual | Free | A committee meeting of the Parks, Recreation, and Greenway Advisory Board open to public viewing + comment.
Learn
○ Unexpected Discoveries | Mon., Apr. 19 |12–12:45 p.m. | Virtual | Free | Find out about some outside-of-the-box solutions in science like dumping iron in the ocean + combating climate change.
Holiday
○ 2021 Virtual Piedmont Earth Day Fair | Mon., Apr. 19–Fri., Apr. 23 | Various times | Virtual | Free | The Piedmont Environmental Alliance is holding multiple programs over the week on topics like patio gardening, ecofeminism + green careers.
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Disclaimer: It is up to readers’ discretion to determine whether they feel comfortable participating in any mentioned events based on COVID-19 protocols and precautions. If you have questions, please contact the event’s organizers directly.
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We think *every* body is a summer body — but if you’re looking for help to feel your best, Triangle Facial Plastic Surgery can help.
Their non-invasive Evolve Body Contouring technology offers clients customizable body remodeling, skin tightening, muscle toning + cellulite treatments with 3 different options that can be administered individually or in combination with one another. For best results, multiple weekly treatments are typically recommended. (Individual results may vary.) Bonus: No downtime. Ⓟ
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#RALcurrent: What we’re eating — Carly is eating some leftover Andy’s Frozen Custard for lunch + Laura is eating her free Krispy Kreme donut after getting her vaccine.
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📖 Check out our Editorial Ethics Policy here. |
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