Raleigh is one of the fastest growing cities in the South
The South is the part of the country where you can count on good manners, smiling faces, friendly hellos and accents as sweet as the iced tea. It's "yes ma'am" and "yes sir" and everything is just "darlin'." So it's no wonder people are flocking from all over the United States to get swept away in the southern charm of cities like Raleigh, North Carolina. Of all the major metropolitan areas in the South, it has been named as the fastest growing by CNN Money. Homebuyers looking at houses for sale in Raleigh-Durham can rest assured they are making a good decision moving to this beautiful city.
The capital city of North Carolina was named for the English nobleman and explorer who first funded the expedition to North Carolina, Sir Walter Raleigh. It has a rich history as it was part of the original British colonies and once home to Native American Siouan, Algonquian and American Iroquoian tribes, according to the City of Raleigh. Like many southern areas, it became largely known for its primary cash crop - tobacco - and for years its economic stability was dependent on it.
It wasn't until the mid-nineteenth century and the founding of several higher education institutions that Raleigh started to become known for its culture, shopping and entertainment. The North Carolina History Organization states that since the 1970s there has been rapid suburban development, and now approximately 320,000 people call Raleigh home.
Today it is the one corner of what is called the Triangle, an area that includes Chapel Hill and Durham, and is home to the prestigious North Carolina University, Duke University and the largest research park in the United States. Furthermore, CNN says the Milken Institute placed Raleigh seventh on its list of best performing cities for creating and sustaining economic growth.
People come from all over the world for the fantastic IT and financial services jobs offered here and many college students come for school and decide to stay after graduation. In fact, Yahoo Finance says many parents of students see the gorgeous city while taking their kids to school and decide to move or retire here themselves.
The median price home in Raleigh is $209,600, reports Sperling's Best Places to Live. Carolina Living explains downtown Raleigh is blooming and neighborhoods like Brier Creek, Twin Lakes and Wakefield Plantation are diverse and family-friendly.