Charlotte Makes Headlines
From ABC News June 12, 2007:
In a Yearlong Housing Downslide,
Charlotte Keeps Getting Better
People Are Flocking to Charlotte Where They Get More Bang for Their Buck
"While most of the nation is experiencing a downturn, home prices in Charlotte are climbing. The median price of a home has gone up nearly 6.5 percent in the last year according to the National Association of Realtors, while the national median price was down by nearly 2 percent."
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From WWAY News channel 3, May 18, 2007:
Charlotte Gets Its Own
Trump Tower
“City and county staffers have had preliminary discussions with Trump's son, Donald Trump Junior, about the plans to build luxury condominiums, a five-star hotel and an office tower.
The complex could include a 60-plus-story building on the southern edge of downtown”
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1. Charlotte, N.C.
Median home price: $190,600
P/E: 15th lowest
Affordability rank: 8th most affordable
Housing price trend: 8% |
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From Forbes.com May 4, 2007:
Forbes.com Rates Charlotte #1
among America 's Least Overpriced
Real Estate Markets
"No matter the locale, its denizens almost always gripe about the stiff cost of living, housing and doing business. But in some places the financial pain is clearly more acute than others."
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From The Wall Street Journal Online
May 11, 2007: Where Home Prices Are Hot Now
“Almost every metropolitan market in the country -- except Charlotte -- is experiencing a slowdown in new-home construction.”
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From The Charlotte Business Journal May 9, 2007:
Charlotte housing market sees
'incredible growth'
“Almost every metropolitan market in the country -- except Charlotte -- is experiencing a slowdown in new-home construction.”
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From Forbes.com May 15, 2007:
Best and Worst U.S. Housing Markets: Charlotte Ranks #5 Among Best Markets
“'What we're seeing now are the areas which still have a strong economy, but didn't have the overheated prices [during the housing boom], are the ones holding on strong now,' says Kermit Baker, a senior research fellow at Harvard University's Joint Center for Housing Studies.”
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From The Charlotte Business Journal April 23, 2007:
Study: N.C. ranks 5th for tech job growth
“ North Carolina ranks fifth in the nation for job growth in the high-tech sector, a new study says.
The state had a net gain of 7,600 jobs in 2005, according to the report, titled Cyberstates 2007: A Complete State-by-State Overview of the High-Technology Industry.”
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