Raleigh Regional Association of REALTORS(R) Expresses Gratitude to City Council

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| Source: Raleigh Regional Association of Realtors, RRAR

CARY, N.C., March 21, 2014 (GLOBE NEWSWIRE) -- Upon hearing the news that the Raleigh City Council is appealing the decision by the Board of Adjustment (BOA) to halt construction at 516 Euclid Street in Oakwood, Mollie Owen, President of the Raleigh Regional Association of REALTORS® said, "On behalf of the Raleigh Regional Association of REALTORS® (RRAR), we thank the Raleigh City Council for moving to appeal the BOA decision. This is certainly a positive move by the Council and helps to prevent instability in our market. We are pleased that common sense prevailed."

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Trish Rand 919.654.5415