I get a lot of calls and emails from folks wanting to invest in real estate in Charlotte NC and our metro market. For despite the gloom and doom that the national news media insists on espousing, our market is strong-prices are increasing and inventory is stable at around 80 days on the market.
In addition to the general real estate fundamentals, our local economy is well-diversified and strong. We are home to 8 Fortune 500 headquarters (making Charlotte the #6 city for total number of headquarters), the number two financial market, etc.
So, you say, why invest in Charlotte now? Well, with a net population increase of 80,000 folks per year (yes, that's NET), and with the mortgage industry shakeout...we have a growing pool of renters in Charlotte who have money to spend (our unemployment is low, currently showing as 4.6%).
Long story short-folks who were buying three months ago are now back into the rental pool, no longer able to obtain the 100% financing on moderate credit scores.
If you'd like to learn more about real estate in Charlotte NC and why we're on just about every list of the 'hottest housing markets' and 'best housing values', click here.
And when you're ready to learn more particulars, feel free to visit my website or call toll-free at 866.440.7136. We're glad to help!
Comments(13)