Greensboro Triad Real Estate Blog

New Industry still on track despite economy in Greensboro, NC

Honda Aircraft Company is still on track to begin production and continue hiring.  Hondajet is one of our new industries here in the Triad and already employs 400 people here in Greensboro.  According to an article in the business journal and straight from the Senior Manager for Corporate Affairs they are are set to begin production of the HondaJet in 2010.  They predict they will produce anywhere from 80 to 100 planes per year at the Greensboro, North Carolina facility.  They also predict they will employ another 200 employees to bring the level to 600 before beginning production.   So take a look at the next innovation from Honda to make it more affordable for you to "Take to the sky's".

http://hondajet.honda.com/default.aspx?bhcp=1

 

 

The Author:

Larry is a Greensboro Residential Broker, CARTUS Certified Relocation Specialist, Previews luxury homes trained, SRES & CHMS who can assist you with the purchase and/or sale of real estate in the Piedmont Triad Area that include but, not limited to Greensboro, High Point, and Winston Salem, NC.  If you're relocating to or from any other area of the country, Larry connects you with a member of our national team of relocation specialist in your destination or exit city of choice.  The destination service is of no cost to you!  The Coldwell Banker Triad's service guarantee puts us way ahead of the competition by providing customer service that is equal to none.  Your complete happiness is our top priority!  Larry Story - Coldwell Banker Triad Realtor's - 336-327-1841 also at http://wwww.storybookhomes.ws

Copyright© 2009 By Larry Story, All Rights Reserved...

Greensboro, North Carolina turning the corner on the Economy?

The Triad Business Journal just released some very interesting figures.  While we have heard nothing but Doom & Gloom from the media the unemployment rate in the Triad is actually down according to information released by the North Carolina Employment Security Commission.  The rate has dropped slightly from 7.1 in August to 6.8 in September.   Now while this in and by itself is not a tremendous bit of news according to RealtyTrac Inc. the number of foreclosures fell almost 27% in September compared to last year at this time.   Funny the MEDIA has been predicting it will get worst before it gets better. Now granted the foreclosure rate is still high 2,477 in September of this year.  But last year in September there were 3,380 filings.   Meanwhile across the country foreclosure filings increased 21% in the last 12 months.  North Carolina ranks 35thamong all states with Nevada, California, and Arizona leading the pack.

So maybe we are just a little better off then most of the rest of the states and within our own state we are turning the tide I guess putting us ahead of the curve.  Of course new industries relocating to the South do help.