Raleigh Condo Brings $1.05M

newsobserver.com Growth:

"The 3,206-square-foot unit sold for about $328 per square foot -- 31.2 percent more than the average price per square foot of five other units sold at the complex this year."

Hey, I knew no yard maintenance and walking distance to Harris Teeter would be big draws but $1.05M? This is the kind of purchase that supports the thinking that we are approaching a bubble.