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The real estate market in the NC RTP area has been booming. There is no sign of a bubble about to burst. Everything seems to depend on employment. With the expansion of home building and the megaloptic commercial zoning of other areas of the Triangle, the wealth from the good jobs in the NC RTP area make for a more stable situation. With increased traffic in the area, and gasoline prices skyrocketing, there has been a burgeoning of home based businesses. Many of the homes that are being built are large enough to accomodate home based businesses.
As of this writing, the prices of homes in the area continue to remain high, with real estate equity constantly increasing.
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