Charlotte Real Estate

A daily update on new Condo Developments, new Subdivisions, and anything related to Real Estate in or around Charlotte, North Carolina.

Friday, May 30, 2008

Charlotte in the News

Charlotte is at the top of the charts when it comes to Real Estate. Unlike the majority of the markets in the nation, Charlotte has continued to see slow, but steady growth and an increase in home prices. Relocate-America.com made Charlotte #1 on their list: "Top 10 Best Places to Live in 2008".

A big reason for our growth is the banking industry and their tendency to hire recent college graduates. Bizjournals.com put together a great article with a list of "Best Metros for Young Adults".

11 Comments:

Blogger santosh said...

Though these developments are taken as positive for the property end-user, there are many who apprehend that foreign money would push property prices up in sky. Investment groups eye Indian markets for its wealth building potential and they are not concerned about the end-user, they say. Property development costs may come down for the developer but it is no guarantee that they will pass on the benefit to its customer, given the pressure of generating returns for its investing partner.

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5:46 AM  
Blogger New Homes in the Carolinas said...

wow this is certainly awesome news! Some say that because we rely so much on banking, this massive decline in the financial markets will handicap us. Evidence shows that we will rise out of this with incredible force.

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