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North Carolina Population Boom Helps the Real Estate Market

North Carolina's population is booming - and that bodes well for real estate.

North Carolina has moved past New Jersey as the 10th most populous state. Its population grew 2 percent in 2006 to 8.8 million, according to the U.S. Census Bureau. In 20 years, it is expected to be the country's seventh most populous state.

More people equals greater housing demand; Existing home sales in the state were up 4 percent in November, while national sales were down 4.4 percent over the year earlier.

Why is the state attracting so many new residents?

You can read the rest of this and other articles at NCRealEstateWebBlog.

1 commentDavid Recker • January 12 2007 08:19AM

Comments

Great info.  For those of us that live here, the reasons are obvious why people move here!

Posted by Cameron Bagherpour ~ North Carolina Insurance (Cary & Raleigh, NC Insurance) over 2 years ago

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