charlotte nc economic status: Charlotte's Rich History Continues to Drive The City's Economic Diversity in 2011 - 09/18/11 08:45 PM
Charlotte’s Rich History and Economic Diversity Make Charlotte One of the Most Desirable Places to Live in America. Charlotte was originally settled by the Scotch-Irish in the 1740′s, as well as by a strong influence of German colonists who migrated south at about the same time. The Queen City‘s namesake was the German born Queen Charlotte, wife of England’s King George III, and Mecklenburg County was also named for her German birthplace. The Bank of America tower actually has a crown architecturally incorporated in its design in honor of the Queen!
From its modest beginnings as a small village, Charlotte abruptly attained ‘city’ status … (3 comments)
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charlotte nc economic status: Time Warner Cable Announces 225 More Jobs Coming to Charlotte - 07/17/11 05:34 PM
225 More Jobs Coming to Charlotte via Time Warner Cable
Time Warner Cable (TWC), a national cable television provider which operates in 28 states with 47,000 employees across the nation, plans to expand their corporate campus to more efficiently enhance the customer experience. Time Warner Cable is building their national data center in Charlotte, adding 225 jobs and investing $101 million. The plans to build a national data center and new corporate office building in Charlotte were announced this week by Governor Beverly Purdue. TWC will be adding nearly 10% more new corporate positions to the company’s Charlotte employment of 2,500. The average annual salary for the new jobs in Charlotte … (14 comments)
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charlotte nc economic status: Another Fortune 500 Company, SPX Committed to Expand, Creating 180 New Jobs in Charlotte NC - 11/15/10 01:16 PM
Another Fortune 500 Company, SPX Committed to Expand, Creating 180 New Jobs in Charlotte NC Charlotte NC Job Update: NC Governor, Beverly Perdue, announced today that SPX Corporation, a Fortune 500 company, plans to invest $70 million to expand its operations and global headquarters in Charlotte, resulting in the creation of 180 new jobs in NC over the next five years. SPX is a leading provider of engineered products and technologies to customers in global energy infrastructure, processing equipment which serves the food and beverage industry, and diagnostic tools for vehicle servicing and repair. SPX Corporation has operations in more than … (12 comments)
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charlotte nc economic status: Charlotte NC Relocation - Search Homes for Sale in Charlotte NC - 05/26/10 11:41 AM
Charlotte NC Relocation - Search Homes for Sale in Charlotte NC
Tucked within the serene Southwestern part of the state, rests Charlotte North Carolina - a sweeping modern metropolis that boasts both urban vibrancy and simple, country charm. Known as the Queen City, Charlotte was named recently in the "Best Place to Live in America" by Relocate-America.com, on factors such as employment opportunities, crime rates and housing affordability. CNN Money also named Charlotte #7 of the 100 "Best Places to Live and Launch", due to her continued vibrant culture and multitude of opportunities available for new business.
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charlotte nc economic status: Charlotte NC Real Estate Market Report - March 2010 - Market Inventory - 03/13/10 03:50 PM
Charlotte NC Real Estate Market Report - March 2010 - Market Inventory The Charlotte NC Metro 7-county* area months of supply of inventory this period: 11.5 months; the total months of supply of inventory last period: 16.1 months; the resulting decrease in the months of supply of inventory on the market = 28.6%.The decrease in months of supply of inventory is a positive indication that our market is stabalizing. A six month supply reflects a balanced market. More than a six month supply reflects a buyer’s market and less than a six months supply reflects a seller’s market. We remain in … (16 comments)
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charlotte nc economic status: Charlotte NC Economic Update - Celgard Announces Expansion in Charlotte and Concord - 01/20/10 11:25 PM
Charlotte NC Economic Update - Celgard Announces Expansion in Charlotte and Concord Celgard, a subsidiary of Polypore International, Inc. (NYSE: PPO), a leading supplier of microporous separators which are used in lithium-ion batteries, announced today that it will be expanding its Charlotte facility and building a new manufacturing facility in Concord.Celgard will begin in Charlotte NC, expanding its existing Charlotte office and beginning the second half of 2010, will begin construction of the new facility in Concord. This expansion will create 80 jobs here in Charlotte and 209 in Concord with an average salary of $56,960. 1,000 jobs will be … (11 comments)
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charlotte nc economic status: Charlotte NC Real Estate - Putting the Pieces Together in 2010 - 01/02/10 11:25 PM
Historically, Charlotte NC real estate has not followed market trends as closely as other cities in the U.S. primarily due to our constant influx of banking transferrees and many other Fortune 500 Companies (we have over 300 represented right here in Charlotte). Charlotte NC real estate has not experienced quite the problems that other cities have in the recent past or are currently experiencing. This could very well be as a result our conservative rate of appreciation in recent years, not giving rise to the 'bubble' effect, thus we have no 'bubble' to burst!
Charlotte, known as The Queen City, has been … (13 comments)
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charlotte nc economic status: Charlotte NC Real Estate Market Report - December 2009 - 12/27/09 05:57 PM
Charlotte NC Real Estate Market Report - December 2009 The Charlotte NC housing market continues to show a slow but, steady improvement. December sales continue to be primarily in the $250K and under market, allowing our second-time home buyers to move up as well.
Charlotte's local economy also appears to continue the recovery trend that began in Q2, 2009. Mecklenburg County Charlotte NC expanded 11,500 jobs which was a 15% year-over-year increase from 2008. This, during the worst recession in many years, is nothing short of commendable! FORTUNE Small Business Magazine named Charlotte NC the 7th best place to launch a business due … (13 comments)
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charlotte nc economic status: Buyers, Act on Fact, Not Fear - 11/24/09 09:24 PM
Paul Slaybaugh's recent featured post, prompted me to expand on the comment that I made on his blog. Often, the consumer is the last to know what is truly happening in their local market. During the past year, numerous Charlotte buyers, who were under the impression that because local newspapers were printing national statistics, this same data applied to our local market. This misinformation resulted in missed opportunities due to the fact that the buyers were convinced that they were going to be able to purchase property for up to 50% off of list price. The 50% off price purchase was … (18 comments)
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charlotte nc economic status: Charlotte NC Market Report, 2009 Q3 - 10/28/09 01:42 AM
Charlotte NC Market Report, 2009 Q3
As a member of the Charlotte Chamber of Commerce, my team is privy to early news releases pertaining to the city of Charlotte and plans to expand local businesses. This information reflects directly upon the Charlotte NC housing market. Combined with data from the Charlotte NC MLS , the local economy appears to continue the trend began in 2009 Q2.
The first three quarters of 2009 showed Mecklenburg County Charlotte NC expanding 11,500 jobs which was a 15% year-over-year increase from 2008. This, during the worst recession in many years, is … (11 comments)
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charlotte nc economic status: Charlotte NC Real Estate NOV 2008 Market Report - 12/07/08 03:35 PM
Charlotte NC November Sales, 2008
Incorporated in 1768 and named for the wife of King George III, Charlotte has constantly redeveloped herself, growing into the largest city in North Carolina. The Queen City, as it is nicknamed, has changed from an agrarian township to a gold town, textile center and banking giant. Now, Charlotte is the second largest banking center in the United States of America behind New York City, New York.Visitors to the city are treated to historical attractions as well as a vast and varied range of events and recreational activities. Charlotte is ideally located to take in … (10 comments)
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charlotte nc economic status: Charlotte NC OCT 2008 Market Repot - 12/07/08 03:28 PM
Charlotte NC October Sales, 2008
Incorporated in 1768 and named for the wife of King George III, Charlotte has constantly redeveloped herself, growing into the largest city in North Carolina. The Queen City, as it is nicknamed, has changed from an agrarian township to a gold town, textile center and banking giant. Now, Charlotte is the second largest banking center in the United States of America behind New York City, New York.Visitors to the city are treated to historical attractions as well as a vast and varied range of events and recreational activities. Charlotte is ideally located to take in … (0 comments)
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charlotte nc economic status: eCONOMIC REPORT, 2008 Charlotte NC - 11/08/08 11:37 AM
Charlotte NC Profile 2008 Economic Profile, Charlotte NC 2008 Despite the economic downturn, businesses and individuals alike are attracted to the thriving Charlotte region. Economic and commercial growth continues and Charlotte has all the advantages of one of the most rapidly growing metropolitan areas in the nation. Charlotte's residents are warm, friendly and in many areas the small-town flavor remains. Located in the Piedmont region of the Carolinas, Charlotte is only two hours east of the Appalachian Mountains and three hours west of the Atlantic Ocean. New York City is 631 miles to the northeast and Atlanta is 256 miles to … (2 comments)
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charlotte nc economic status: Charlotte NC Profile 2008 - 10/31/08 10:37 AM
Charlotte NC Profile 2008 Charlotte NC Profile 2008 Despite the economic downturn, businesses and individuals alike are attracted to the thriving Charlotte region. Economic and commercial growth continues and Charlotte has all the advantages of one of the most rapidly growing metropolitan areas in the nation. Charlotte's residents are warm, friendly and in many areas the small-town flavor remains. Located in the Piedmont region of the Carolinas, Charlotte is only two hours east of the Appalachian Mountains and three hours west of the Atlantic Ocean. New York City is 631 miles to the northeast and Atlanta is 256 miles to the … (0 comments)
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charlotte nc economic status: Charlotte NC Economic Report (July, 2008) (Market Report FEATURED) - 07/27/08 10:44 PM
Charlotte NC Economic Report (July, 2008)
The Charlotte NC economic report (July, 2008) reflects that job growth and economic expansion continue to sustain Charlotte's real estate market. With the news of Bank of America's (headquartered in Charlotte) recent decision to purchase Countrywide (it is what it is!), Charlotte is soon to become America's leading financial center. Bank of America is but one of over 300 Fortune 500 companies represented in Charlotte, NC.
In a recent FORBES article, Charlotte was tagged as one of the top five cities with undervalued market prices in the U.S. The National Association of Home Builders … (18 comments)
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charlotte nc economic status: Charlotte NC Economic Profile - 07/13/08 04:09 PM
Charlotte NC Economic Profile
Charlotte NC Economic Profile
International Growth
Increasingly important to our growing Charlotte NC economic profile is the growth of the number of international companies served here. Over 487 foreign-owned companies are housed in Charlotte facilities, representing over half of all foreign companies in the entire state of North Carolina.
Charlotte is a port of entry for international business needs, with fully staffed U.S. Customs and Immigration and Naturalization offices. The Charlotte Foreign Trade Zone (FTZ #57), an inland port facility is located here just inside the NC/SC border.
Charlotte's Sound Fiscal … (2 comments)
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charlotte nc economic status: Charlotte NC Economic Growth Continues - 07/11/08 10:08 AM
Buying and Selling Your Home in Charlotte NC
Charlotte NC Economic Growth Continues
Despite 'doom and gloom' predictions and musings in local media, Charlotte NC economic growth continues. Historically, Charlotte real estate has not followed market trends as in other cities in the U.S. due to our constant influx of banking transferrees and many other Fortune 500 Companies(we have over 300 represented in Charlotte). Charlotte real estate is not experiencing nearly the problems that other cities are currently experiencing.
Charlotte, The Queen City, has been extremely popular due to economic and job growth. In a recent interview, our … (0 comments)
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charlotte nc economic status: Charlotte, NC Uptown Real Estate is Still Going Strong! - 05/02/08 11:23 PM
Charlotte developers are going strong with new vertical living spaces being built in the Uptown area. 26 new high rises are in the process of being built! We had 22 Closings in the month of March in just ONE of the new buildings--The Avenue! The Charlotte Chamber of Commerce continues to provide positive data regarding Charlotte's economy. There are 7 Uptown high-rises on hold currently for various reasons, from legal issues to plumbing or permitting issues.
Visit Charlotte and watch us grow!
About the author:
Debe Maxwell, ABR is a Charlotte Residential Real Estate Broker, Certified Neighborhood and Relocation Specialist who can assist you with … (5 comments)
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