So Tell Me About Your Weather in Raleigh and the Triangle?

Weather seems to be a hot topic these days!  Or should we say cold topic because the other day the news said that 49 of the 50 US states has snow on the ground.  With the amount of snow piled up in much of the country this winter weather is indeed a popular topic of conversation. 

Anytime we spend on-site weather always seem to be a top 3 reason why out of town people want to move to North Carolina and the Triangle.  So let us try to answer your "What is the weather like here in the Triangle?" question:

• There are many different sites you can look at and here are just a couple that will give you a good overview of the weather history:
• Weather Channel   
• City Rating 
• Wunderground
• The average temperature in the winter months is never below freezing.  That is good news because it means we do not get a lot of snow.  There will be the occasional snowstorm like we had a couple weeks ago but overall the snow storms here are small and few and far between.
• Check out the spring and fall average temperatures because you will like them.  Those 2 seasons make a couple cold weeks in the winter and a couple hot weeks in the summer totally worth it!
• Yes the summer can get hot and humid but then again so does Chicago and we don't have to deal with the snow they get.  Not to mention the Triangle is close to some of the best beaches in the entire country.  So when the heat wave comes we say hit the beach!
• Raleigh average annual rainfall is 44.7 inches per year.
• Raleigh average annual snowfall is 2.4 inches per year.
• Raleigh average temperature is 59.8 degrees F.
• The average low temperature is 47 degrees F.
• The average high temperature is 70 degrees F. 

We love the weather here.  We get the change of seasons but we don't get any season too hard or long.  So if you are moving from out of town we are confident you will love our North Carolina weather.  And when you are looking to move let Biltmore Homes build you that perfect new home in one of our five new home communities!

Built For Life!

- Team Biltmore 

Importance of Interest rates!

So by now we have all heard a lot about the record low interest rates.  And we all want the recession to end soon so that the economy starts growing again but the low interest rates caused by the recession do make it a great time to buy a new home.

In doing some research we found a good article on About.com on why interest rates are so important to the economy.  Here are some highlights from the article that well help us all learn more about interest rates:

"Interest rates control the flow of money in the economy. High interest rates curb inflation, but also slow down the economy. Low interest rates stimulate the economy, but could lead to inflation. Therefore, you need to know not only whether rates are increasing or decreasing, but what other economic indicators are saying.


The most direct impact interest rates have is on your home mortgage. If interest rates are relatively high, your loan payments will be greater. If you are buying a home, this means you can afford a less expensive home. Even if you are not in the market, your home value will not rise and could even decline during times of high interest rates.

On the other hand, high interest rates curb inflation. This means the price of other goods like food and gasoline will stay low, and your paycheck will go further. If you were smart enough to lock in a fixed-interest loan at a low rate, your income will stretch even more."


If you want to learn more about interest rates or speak with a Biltmore preferred lender please contact us and we can put you in touch.  If you are thinking about purchasing a new home then the current low interest rate situation makes it a great time to buy!

Built For Life!

 - Team Biltmore