NC Economic News and Opportunities

The awful economy worldwide and nationwide has done no big favors for the North Carolina tourism industry this year, but things aren’t as bad at mid-summer as they could have been. The swine flu has delivered a bit of a blow to some of the western mountain region’s summer camps, but those camps that have not been hit by sick campers are doing fine. Visitors on the Blue Ridge Parkway look to be as numerous as in most other years, and the Great Smoky Mountains National Park is hosting its fill of hikers and campers as well.

Tourism in North Carolina accounts for over 190,000 jobs across the state, from the Outer Banks through the midlands and into the mountains, making it one of the most vital industries year after year in the state. Visitors spend more than $18 billion (yes, that’s a “b” on that number) in the state, contributing greatly to our tax revenues, to the tune of over a billion dollars a year.

So… tourism is still doing okay, but how’s the general NC economy doing? This question is significant for those from out of state who may be contemplating purchase of vacation property or would dearly love to relocate here – many from states with economies worse off than ours, who would like to get jobs or start new businesses. Columnist Michael L. Walden of the Raleigh area News and Observer wrote about the state of the state’s economy on the 9th of July.

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Filed under Development, Furniture Making, NC Land, NC Living, North Carolina, Tourism, Vacation Homes | Comment (1)

Your North Carolina Dream

People young and old who have lived much of their lives in other places but have enjoyed North Carolina’s vacation offerings for many years, are among the many who choose either to build their own vacation home in our state, or find a way to live here full time. Even if that means moving their business to North Carolina, starting all over again with a new business, or just retiring to one of our spectacular communities specializing in making golden years golden.

Yet by now almost all of us old enough to know it takes money to live are keenly aware of the housing crisis that began a couple of years ago, became steadily worse throughout the country as the bubble burst entirely, and is now affecting more and more people who got fine prime rate mortgages. So this is a pretty good time to check real estate trends in some of North Carolina’s most popular and/or populated areas, see how our state is holding against current and developing economic trends. If you’re planning or just dreaming about a North Carolina home, here are some constantly updated sources you may want to check regularly…

Realty Times NC Market Conditions
NC Real Estate Market Reports
NC Mortgage Guide: FHA

Forbes voted Raleigh as the #1 city in America for careers, and the U.S. Census Bureau projects that more than Three of the top five housing markets in America that have maintained their home values are in North Carolina.

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A NC Mountain Log Cabin Christmas

During this 2007 holiday season, it seems the children are all nestled asleep in their beds, with visions of sugar plums dancing in their heads… oh, wait. You say the “children” are all teenagers now, terminally bored with Christmas and expecting a 10-gig iPod loaded with every album too objectionable to be played in public, plus keys to a car and $400 worth of “Prison Chic” pants that hang somewhere around the thighs and show off their underwear?

Did the fudge never set, so you had to run to the store to buy enough ice cream to disguise the un-set fudge as super chocolate syrup? Were those tollhouse cookies hard as a rock, breaking grandpa’s dentures with the first bite? Did cousin Jim finish off the entire bottle of rum you’d brought for eggnog before passing out under the tree? Did the dog eat that perfect glazed ham before you could get it into the oven to heat? Did it snow during the night and hide all the firewood you’d stacked somewhere in the yard for the Christmas Eve fire? Are the in-laws insisting on watching Enemy of the State as a “Christmas Movie” instead of It’s a Wonderful Life for the 16th time?

Be of good cheer, enjoy yourself anyway, and…

Merry Christmas to all, and to all a good night!

Filed under Family Events, Holidays, Log Homes, NC Living, Timber Frame, Vacation Homes | Comment (0)

Treading Lightly on the Earth*

Log and Timber Frame Homes
[*ee cummings]

October 15 has been designated “Blog Action Day”, when bloggers are encouraged to write about our environment and things regular people can do to reduce their environmental footprint on the planet and help steward the environment we depend upon to sustain our lives.

Here in beautiful North Carolina we are blessed with environments so spectacular and desirable that much of our drawn income over the year comes from visitors and tourists who just can’t get enough of us! This of course can cause some environmental stress, yet we’ve done a pretty good job so far of not urbanizing ourselves into depression and not so polluting our air and water that it’s struggle just to stay alive.

Out in the rural piedmont and mountainous west there is somewhat of a ‘housing boom’ going on. Despite overpriced land and housing in many areas of the country and a ‘bubble’ that is bursting as we speak, North Carolina still offers reasonably priced land and eco-friendly houses for young families, out-of-staters seeking vacation homes, and retirees seeking peace and a connection to the earth. A key to that housing boom isn’t just the relatively low price of land, it’s the popularity of log and timber frame homes and a sizable number of eco-conscious builders operating in our state.

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Filed under Log Homes, NC Land, NC Living, North Carolina, Timber Frame, Vacation Homes | Comments (5)