September Newsletter
Volume 6
September 15, 2015
MANCY MALEK
MONTHLY NEWSLETTER Real Estate | Historical Places | contact: [email protected] | 919-401 7604
Raleigh-Cary Metro Ranks as NINTH Most Affordable Housing Market in U.S. Triangle Cities Named Most “RecessionRecovered” Cities We love to share about the most recent “best of” list rankings our Triangle cities and towns receive, but this one has certainly caught our attention: Most “Recession-Recovered” Cities. Financial web resource WalletHub recently conducted a comparison of the 150 largest U.S. cities to determine which among them had progressed the furthest following the last economic downturn that took place over six years ago. We’re proud to share that our Triangle cities fared well among the major metros WalletHub reviewed with Durham ranking No. 19 and Raleigh coming in at No. 22.
The Triangle area is a great place to live, work and play, and we’re not the only ones to make that claim. From national business publications to leading research associations and industry authorities, our growing cities and towns have gained great acclaim for accolades of all types. A recent report released by personal financial site NerdWallet found the Raleigh-Cary market to be the ninth most affordable housing marketing in the top 100 U.S. metro areas. Other large North Carolina metro markets including Charlotte, Winston-Salem and Greensboro, ranked No. 21, No. 41 and No. 44, respectively. According to a Triangle Business Journal article, NerdWallet evaluated the cost of a typical family home “by using localized data on average debt, median income, housing costs and home prices, the personal financial website analyzed how much families could afford while remaining within a healthy budget.”
WalletHub compared 17 different metrics to determine employment and earning opportunities and the overall economic environment for each of the 150 cities pre- and postrecession.
Details from NerdWallet’s assessment of our Capital City and the surrounding area include: Population: More than 1.2 million Estimated family income: $93,928 Suggested home price: $351,588 Total affordable square feet: 3,163
Yet another reason you may want to call the Triangle home.
View NerdWallet’s complete report at www.nerdwallet.com
Mancy Malek Newsletter - Coldwell Banker HPW
Volume 6
September 15, 2015
HISTORICAL PLACES ACROSS THE GLOBE
GERMANY
TRIVIAL Q& A Answers to Volume 5 of my Newsletter: 1. C. Columbus went to America in 1492 2. Da Vinci Painted the Mona Lisa 3. Elvis first concert in 1954 4. The Dolomites are in Italy
Neuschwanstein Castle
5. Jose Moreno Gold Medalist 1992 6. The Rainbow has 7 colors Questions for this month: HISTORY 1. When did the first man go to Space? ART & LITERATURE 2.Who wrote Macbeth & Hamlet? ENTERTAINEMENT 3.Who sang “MY WAY”? GEOGRAPHY 4.Which is the largest Ocean? SPORT & LEISURE 5. How long is a Round in Boxing? SCIENCE & NATURE 6. How many legs does a spider have? ANSWERS IN NEXT MONTH NEWSLETTER
King Ludwig II's Neuschwanstein Castle (neuschwanstein.de) is perhaps best known as the inspiration for Disney's Cinderella's Castle. It is a popular attraction in its own welcoming 1.3 million visitors annually. Ludwig ascended to Bavaria's throne in 1864, the year he turned 18, but after Prussia conquered Bavaria in 1866 The site for the castle’s construction is upon the Jugend, a mountain ridge overlooking the Pollat Gorge. Builders laid the first foundation stone in 1869 and finished the castle's Gateway Building, Ludwig's home within the construction site, in 1873. The final completed portions of Neuschwanstein, its Bower and Square Tower, weren't finished until 1892.Some of Ludwig's more outlandish architectural ideas that failed to reach fruition included the Moorish Hall, a reception chamber that was to have an ornate fountain as its centerpiece, and the Knight's Bath, which was to feature bathing pools. Ludwig’s architectural vision of Neuschwanstein was an idealized version of a Medieval castle, one more suited to a fairy tale than one that authentically replicated the actual castles of the era. Ludwig was a huge fan of opera composer Richard Wagner and adorned Neuschwanstein with murals, paintings and other artwork inspired by the German legends that were included in Wagner's operas. Ludwig also equipped his castle with technology that was cuttingedge in the 19th century. Neuschwanstein had hot and cold running water, flush toilets, central air heating and even a pair of telephones.
Mancy Malek Newsletter - Coldwell Banker HPW
www.traveltips.usatoday.com
September 15, 2015
MANCY MALEK
MONTHLY NEWSLETTER Real Estate | Historical Places | contact: [email protected] | 919-401 7604
Raleigh-Cary Metro Ranks as NINTH Most Affordable Housing Market in U.S. Triangle Cities Named Most “RecessionRecovered” Cities We love to share about the most recent “best of” list rankings our Triangle cities and towns receive, but this one has certainly caught our attention: Most “Recession-Recovered” Cities. Financial web resource WalletHub recently conducted a comparison of the 150 largest U.S. cities to determine which among them had progressed the furthest following the last economic downturn that took place over six years ago. We’re proud to share that our Triangle cities fared well among the major metros WalletHub reviewed with Durham ranking No. 19 and Raleigh coming in at No. 22.
The Triangle area is a great place to live, work and play, and we’re not the only ones to make that claim. From national business publications to leading research associations and industry authorities, our growing cities and towns have gained great acclaim for accolades of all types. A recent report released by personal financial site NerdWallet found the Raleigh-Cary market to be the ninth most affordable housing marketing in the top 100 U.S. metro areas. Other large North Carolina metro markets including Charlotte, Winston-Salem and Greensboro, ranked No. 21, No. 41 and No. 44, respectively. According to a Triangle Business Journal article, NerdWallet evaluated the cost of a typical family home “by using localized data on average debt, median income, housing costs and home prices, the personal financial website analyzed how much families could afford while remaining within a healthy budget.”
WalletHub compared 17 different metrics to determine employment and earning opportunities and the overall economic environment for each of the 150 cities pre- and postrecession.
Details from NerdWallet’s assessment of our Capital City and the surrounding area include: Population: More than 1.2 million Estimated family income: $93,928 Suggested home price: $351,588 Total affordable square feet: 3,163
Yet another reason you may want to call the Triangle home.
View NerdWallet’s complete report at www.nerdwallet.com
Mancy Malek Newsletter - Coldwell Banker HPW
Volume 6
September 15, 2015
HISTORICAL PLACES ACROSS THE GLOBE
GERMANY
TRIVIAL Q& A Answers to Volume 5 of my Newsletter: 1. C. Columbus went to America in 1492 2. Da Vinci Painted the Mona Lisa 3. Elvis first concert in 1954 4. The Dolomites are in Italy
Neuschwanstein Castle
5. Jose Moreno Gold Medalist 1992 6. The Rainbow has 7 colors Questions for this month: HISTORY 1. When did the first man go to Space? ART & LITERATURE 2.Who wrote Macbeth & Hamlet? ENTERTAINEMENT 3.Who sang “MY WAY”? GEOGRAPHY 4.Which is the largest Ocean? SPORT & LEISURE 5. How long is a Round in Boxing? SCIENCE & NATURE 6. How many legs does a spider have? ANSWERS IN NEXT MONTH NEWSLETTER
King Ludwig II's Neuschwanstein Castle (neuschwanstein.de) is perhaps best known as the inspiration for Disney's Cinderella's Castle. It is a popular attraction in its own welcoming 1.3 million visitors annually. Ludwig ascended to Bavaria's throne in 1864, the year he turned 18, but after Prussia conquered Bavaria in 1866 The site for the castle’s construction is upon the Jugend, a mountain ridge overlooking the Pollat Gorge. Builders laid the first foundation stone in 1869 and finished the castle's Gateway Building, Ludwig's home within the construction site, in 1873. The final completed portions of Neuschwanstein, its Bower and Square Tower, weren't finished until 1892.Some of Ludwig's more outlandish architectural ideas that failed to reach fruition included the Moorish Hall, a reception chamber that was to have an ornate fountain as its centerpiece, and the Knight's Bath, which was to feature bathing pools. Ludwig’s architectural vision of Neuschwanstein was an idealized version of a Medieval castle, one more suited to a fairy tale than one that authentically replicated the actual castles of the era. Ludwig was a huge fan of opera composer Richard Wagner and adorned Neuschwanstein with murals, paintings and other artwork inspired by the German legends that were included in Wagner's operas. Ludwig also equipped his castle with technology that was cuttingedge in the 19th century. Neuschwanstein had hot and cold running water, flush toilets, central air heating and even a pair of telephones.
Mancy Malek Newsletter - Coldwell Banker HPW
www.traveltips.usatoday.com
