Wednesday, February 7, 2007
Real Estate News 2/7/2007
Unlike other market places across the country that are seeing a slowing of the real estate market, Charlotte North Carolina is maintaining its growth. With a banner year in 2006, 2007 is expected to be even better. The Charlotte area has a lot going for it, which may be why we are not being affected by the downturn being seen in other cities. With large corporations such as Bank of America, Wachovia, Lowes Home Improvement and NASCAR making their home here it is no surprise that the number of people moving here is increasing every year. Many new homes and communities are currently being built to try to keep up with the pace of growth. Areas such as Mooresville, which is the heart of racing country, and Ballantyne are seeing population explosions. Which is good for both the first time home and investors. How is the market in Charlotte? In one word, Unbelievable!