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Rachel Layne
Special to USA TODAY
Spring and early summer are usually real estate’s busy seasons. More homes go up for sale and buyers typically have more choice.
The pandemic upended normal homebuying patterns last year and into 2021. Fewer sellers put homes on the market and higher prices for materials like lumber meant homes cost more to build. All that resulted in a pricier, more competitive market this spring.
While that’s a boon for people who do decide to put their home on the market, it’s stressful for buyers who may want to take advantage of mortgage interest rates that, while up slightly in recent weeks, are still hovering near historic lows of about 3% for a 30-year loan.
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பென்சில்வேனியா
So, I was literally working on my latest Insights piece yesterday late morning when I got the alert: Mike Krzyzewski was planning on retiring as Duke’s mens basketball coach after the 2021-22 season. I knew right away that the piece I was working on at the time would be getting shelved and I would be back to writing about how basketball correlates to private companies.
For those of you who have lived or even spent any time in the Raleigh-Durham-Chapel Hill area, you know that the Triangle has been the epicenter of college basketball for at least the past 40-50 years. There are 3 schools—North Carolina State University, University of North Carolina at Chapel Hill, and Duke University—all within 25 minutes of one another who each have rich college basketball traditions. A lot of it is down to the coaches… NC State with Everett Case, Norm Sloan and Jim Valvano; North Carolina with Frank McGuire, Dean Smith and Roy Williams; Duke with Vic Bubas, Bucky Waters
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RESEARCH TRIANGLE PARK – As North Carolina’s unemployment rate continues its steady decline, employers across the state are simultaneously ramping up their hiring efforts. There are currently tens of thousands of jobs on offer across the Triangle region alone.
According to the latest data from the North Carolina Department of Commerce, the state’s unemployment rate hovered around 5% in April, reflecting only a slight drop from the previous month. Still, that figure is 8.5 percentage opoints lower than a year ago, when unemployment hit 13.5%.
But the pace of hiring varies widely from sector to sector. April’s most significant job gains came from manufacturing, construction, leisure and hospitality services, information technology, and education and health services, per NC Department of Commerce data. At the same time, professional and business services, trade, transportation and utilities, government, financial activities, mining and logging, and other services saw decreases
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