Why Charlotte Real Estate is still Booming

July 30th, 2008 categories: Real Estate News

“One of the strengths of our city is that we have pushed to have a diverse economy. Charlotte’s efforts to grow its business community with diverse sectors has helped it to weather the recent downturns in the economy.”
Mayor Pat McCrory

“Why Charlotte Is Booming” is a feature article in the June 2008 issue of US AIRWAYS magazine . The article states “Housing prices and job creation have bucked national trends through much of the recent economic downturn ….. In January 2008, Charlotte  real estate was the only market in the country with positive home price appreciation.”

The article boasts for Charlotte:

› 9 Fortune 500 companies headquartered here;
› banking powers (= economic muscle);
› diverse manufacturing;
› transportation: proximity to 60% of the East Coast within a
1-day drive or 2-hr. flight; rail lines; a booming airport;
› bio-technology, from manufacturing to research to healthcare;
› a wealth of colleges & universities;
› tourism & cultural arts, fine dining, & professional sports;
› NASCAR (needs its own line!);
› weather – Charlotte’s “greatest natural resource”;
› fishing, boating, hiking, camping, the beaches & the mountains;
› Easy Living: “a great climate, sizzling economy, affordable
housing, a gracious hospitality” and blue skies;
› a delectable quality of life and a sense of community.

There you have it! US Airways has done a great job of selling
Charlotte. Now it’s our turn, call us for all your questions about Charlotte at 1-888-297-6100 and we will be happy to “Talk Charlotte!”

This entry was posted on Wednesday, July 30th, 2008 at 2:59 pm and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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