Your Economy  

We make no presumption that we have a consistent understand of the national economy, and more especially, its macro component. We do, however, have a natural affinity for our local economy.

Effective January 25, 2012, University Health Systems of Eastern Carolina will become Vidant Health, and Pitt County Memorial Hospital (PCMH) will become Vidant Medical Center.
Unemployment figures for March 2011, released today by the North Carolina Employment Security Commission, show Beaufort County's unemployment rate improving for the second-consecutive month.
In February 2011, according to the NCESC, the percentage of Beaufort County residents, over the age of 15, who reported being unsuccessful in procuring employment for pay was 10.7 percent.
Unless state legislators take swift action, beginning Apr. 16, the maximum number of weeks for which a North Carolina resident can file for unemployment benefits is set to be reduced from 99 to 79.
Every Friday, real-estate broker Brandia Deatherage, of Deatherage & Associates real-estate brokerage, compiles a list of the current foreclosure inventory in Beaufort County.
Beaufort County homeowners deserve a break on the commission fee that they pay to real-estate brokers for listing and selling their properties.
Even though the unemployment rate was nearly two points lower in December 2010 than in January 2010, there were nearly 700 less people employed at the end of the year.
Those who argue in favor of the Due Diligence Fee say that it will weed out disingenuous, unqualified buyers by requiring them to have some 'skin in the game.'
Gone are the days when a real-estate broker can convince his or her clients to price their properties using the traditional method of adjusting value based on the past six months of comparable sales.
Already this November, according to the National Association of Realtors Residential Sold Report, 12 homes have been sold countywide, nine of those in Washington.
To illustrate this fact, I have taken a snapshot of Washington's market activity in August, September and October, by generating a Residential Sold Report via the Realtors' MLS database.
Thanks to the federal government, every property in Beaufort County is presently eligible for 100-percent financing through the USDA Rural Housing Program.
This month's Market Report is simply a reminder that our financial environment looks a bit different than it did five years ago, and it may for a while to come.
The world economy is held fast, it seems, in a Catch-22 situation: The recession was caused and is being drawn out by the housing bust, and now the recession is expected to cause more downward pressur
Though the month of March saw a 27-percent increase in new home sales, I'm unconvinced we're close to real recovery. More likely, this rise in sales was the short-lived result of temporary cir
There are a few important things to consider before calling a real-estate agent.
For many, selling property marks the end of an age. It's a physical representation of the changing dynamics within your family, your relationship, or your career.
After thirty years of inflation, perhaps it's time to pop the bubble and start over.
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