Archive for High Point

The Low-Down on The Commercial Real Estate Market and the Raleigh Area

Jul 27, 2012 Comments Off

Commercial Real Estate in Raleigh, Durham, and Chapel Hill The Triangle region of North Carolina is widely considered one of the fastest growing and continuously thriving economies in the United States. Made up of the geographic triangle formed by Raleigh, Durham and Chapel Hill, the Triangle also consists of a number of fast growing towns [...]

Read more

Bank of N.C. to complete KeySource acquisition in Q2

Apr 13, 2012 Comments Off

High Point-based Bank of North Carolina (NASDAQ: BNCN) says it expects to wrap up its acquisition of Durham-basedKeySource Commercial Bank in the second quarter.  BNC, with nearly $2.5 billion in total assets, announced the $12 million stock deal in December, explaining it wanted a bigger presence in the Triangle. And in its recent annual report filed with [...]

Read more

US furniture sales grow as home market heats – Good News for Highpoint, NC?

Mar 16, 2012 Comments Off

According to Bloomberg News the US furniture sales are turning around. This could be good news for High Point, NC – “Home Furnishings Capital of the World!™” More Americans are stretching out on new sofas as they settle into recently purchased homes, amid an improving outlook for employment. Furniture sales grew 8.3% last month from a [...]

Read more