Triangle real estate market update

It has been two months since I last communicated with you. I have been waiting for a change and finally we are starting to see hints of a new trend. The number of single-family homes for sale is up, mortgage rates are lower, and the average sale price is down over the past month. The local numbers are in for July 2024 and here is what is happening: The average price of single-family homes is up slightly from a year ago but has dropped over the last month.  Available homes for sale, while still low, is increasing. The mortgage rate for a 30-year fixed has dropped to around 6.5% down from recent highs of close to 8%. Consequently, current homeowners holding mortgages with significantly lower interest rates may be less reluctant to sell. Here is an update for the end of July: A year ago, the average sale price of

Read More »

PRCR hosts Super Smash Bros. Ultimate

The Wake Forest Parks, Recreation & Cultural Resources (PRCR) Department will host an online Esports gaming tournament featuring the game “Super Smash Bros. Ultimate” on Saturday, Aug. 24. Presented by Ting, the Battle in the Forest is open to players ages 10 and older and free to play on all consoles and PCs. The online tournament will be live streamed on Twitch.tv.  Registration is open through Wednesday, Aug. 21, at https://wakeforestnc.recdesk.com/Community/Home. Please note: Super Smash Bros. Ultimate is rated e10+. Participants will compete in a one-on-one, single-day, double-elimination tournament to run in conjunction with “Bull City Gaming.” The matches will be best of three, while the championship match will be best of five. In the event more than 32 participants register, the tournament will expand to two days with the qualifying rounds taking place on August 24 and the top eight participants battling it out in the finals on Sunday, Aug. 25.

Read More »

Good Neighbor Day to be Sept. 21 at Joyner Park

Good Neighbor Day returns to E. Carroll Joyner Park, 701 Harris Road, Saturday, Sept. 21, from 1 to 4 p.m. Hosted by the Human Relations Council , Good Neighbor Day is an annual celebration that assembles Wake Forest residents from all walks of life for a day of free food, fun, and family entertainment. By bringing together a mix of cultures, music, ages and ethnicities, the event celebrates diversity and promotes goodwill among all Wake Forest citizens. Volunteers are critical to the success of the event and needed at various times between noon and 5 p.m. Volunteer duties will be general in nature and may include setting up, cleaning up, answering questions, and assisting attendees. Local civic groups and community organizations are especially encouraged to participate, along with local students interested in earning community service hours. For more information or to sign up to volunteer, email Human Resources Director Angela

Read More »

Names needed for Good Neighbor awards

The Human Relations Council is soliciting youth and adult nominations for the 15th Annual Good Neighbor of the Year Award. The award recognizes Wake Forest residents who work to improve the quality of life in their neighborhoods without seeking recognition for their efforts. Nominees are sought in two divisions: adult (ages 19 and older) and youth (ages 10-18). To qualify, a nominee must be a Wake Forest resident who has made a significant contribution to the community between September 1, 2023, and August 31, 2024. Employees of the Town of Wake Forest are not eligible. The online nomination form is available at http://bit.ly/WFGoodNeighborAward. Completed nomination forms must be submitted by 5 p.m. Saturday, Aug. 31. Nominations forms must include the names of both the nominator and the nominee, along with a narrative of 400 words or less describing why the nominee is deserving of the Good Neighbor of the Year Award. Mayor Vivian

Read More »

Kars for Kids Charity Car Show

The Wake Forest Optimist Club presents the fourth annual Kars for Kids Charity Car Show. The charity car show will be held on Saturday, September 21, 2024, from 9 a.m. to 3 p.m. at The Market of Wake Forest shopping center located at Business 98 and Capital Boulevard. This is a fun family friendly event and admission is free to spectators. Cars displayed and judged must pay a $20 registration fee. Antique, Pony, Trucks, Muscle, Rods, and Custom Cars & Trucks will be on display. Everything from mild to wild – vintage to modern. The Grand Sponsor of Kars for Kids is Ted Wilder Agency State Farm Insurance.Mr. Wilder is also an avid antique car enthusiast and collector. Gold sponsors are Zapolski Real Estate Property Management Company, Johnson Hyundai of Wake Forest, Charlie’s Kabobs, Wake Forest Dental Arts, Sam’s Xpress Car Wash, Carolina Comfort Air, McCorkle Sign & Awning, ReMax

Read More »

The Growth Rate

Based on the July 2024 Monthly Development Report, WF Planning Updated August 6, 2024 With new staff members, the Wake Forest Planning Department has been able to catch up with the monthly reports, and the latest is for July 2024. The only change in the July report is the removal of #33, the White Street project for commercial and residential use in one building that was denied by the Wake Forest Town Board.  The town keeps a running tally of approved projects with counts of those completed. The best inspections current estimate is that between seven and eight people move to town each day, moving into newly-built houses, townhouses or apartments and a few existing houses that were for sale. Projects under review 1. 418 Jones Dairy Road SP-23-11 is a request by David Williams Sr. to rezone 5.61 acres on the south side of Jones Dairy Road from RH

Read More »

Obituaries

George Mackie Arrangements are in the hands of Bright Funeral Home, and an obituary will be published soon. ### Mary Virginia Perry Neville Wake Forest Mary Virginia Perry Neville was the only child of Daisy Mae Walters Perry and John M. “Jick” Perry. She was perfect in every way: beautiful baby, charming smile, and sandy-colored curly hair plus plump cheeks. Her parents, cousins, and neighboring relatives and friends adored her. She was called Ginger from day one and at an early age, Ginger went to Forestville Baptist Church (where her mother became a deaconess). She also enjoyed tap and ballet school. What a kid! Ginger’s life of almost 72 years was filled with lots of love and laughter but also great sadness and tragedy beginning at age six when her father died suddenly of a heart attack. Her husband of one year, Tommie Wayne Neville, died tragically at the young

Read More »

Debby dawdles, but it will hit Wake Forest

Town officials are monitoring the threat posed by Tropical Storm Debby which could bring up to 10 inches of rain to central North Carolina between today (Wednesday) and the end of the week. Community members are encouraged to monitor weather forecasts and be prepared for changing weather conditions. Town Operations All Town facilities are expected to remain open and operate according to their normal schedules. Town officials are following the storm’s track and speed to assess whether any closings or other schedule changes may become necessary.  In the meantime, Public Works personnel will soon begin clearing obstructions from storm drains along local streets and roadways. You can assist in this effort and help prevent flooding by clearing debris from storm drains along your streets.  Parks, Recreation & Cultural Resources PRCR maintenance crews are rolling up and securing the netting at all Town-owned batting cages. Crews will also temporarily remove the

Read More »

Fire station contract is with Edifice LLC

After asking for qualifications and interviewing the top three candidates, the Town of Wake Forest has chosen Edifice LLC from Charlotte to manage the design and building of Fire Station #6 on Wait Avenue. The contracts were announced Tuesday night during the town board work session. The total cost for the building is unknown. “Since this will be a design build project, it will be several months before we have an estimated price. With the continued escalation in cost, I wouldn’t feel comfortable even estimating,” Town Manager Kip Padgett said via email. The last station built, Station #4 on Jenkins Road, was completed in 2016 before the fire department transitioned into the town. Assistant Town Manager/Chief Finance Officer Aileen Staples wrote in her email that the town used $2.8 million in fire impact fees to pay the bill. The town also used the fire impact fees to pay $1.5 million

Read More »

‘Brother, can you spare a dime?’

Very few people had a dime in their pockets in Wake Forest or anywhere in the country in the early part of the 1930s. Between four and five million people in the United States were without jobs. In Wake Forest, Royall Cotton Mill President Don P. Johnston could either run the mill and lose money or not run the mill and lose the workers, if they could find a place to go. In 1931, a spinner worked 55 hours a week and made $7.94 while a ply spooler could work the same hours and take home $15.51. Johnston had to reduce the pay scales later. “If the figure of 95 families you give me is proper,” Johnston wrote to the mill superintendent, G.H. Greason on Jan. 19, 1933, “this means $5.00 per family per week during this period.” Over on Faculty Avenue, the pickings were just as slim. When Dr.

Read More »