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 nothing short of commendable. This is one of the reasons that FORTUNE Small Business Magazine named Charlotte NC as the 7th best place to launch a business!
Homes sold in the 'under $250K' price range reflect a large number of first-time home buyers who are taking advantage of the $8,000 Federal Tax Credit for First Time Home Buyers here in Charlotte. The graph below also indicates that with the increase in sales of the average-priced homes in Charlotte NC , first- and second-time home sellers were able to move up; this statistic was reflected in the movement of the higher priced homes area as per the Charlotte NC MLS data below.
**Data provided by CMLS is deemed reliable but, not guaranteed.
Should you be searching for or selling a home in the Charlotte NC area, we would love to assist you. Our team has many years of experience in the area to share with you and would be happy to assist you with your Charlotte NC real estate needs.
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Hi Debe,
Excellent marketing report on Charlotte! You were up late or early which every way you want to look at it! Thanks for clear picture of what is going on in Charlotte. I'm sure your followers like your colorful easy to read graphs!