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 for a mere $4.1 million dollars (stock), 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, fourth quarter 2007 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 reflects that Charlotte does not have the inventory surplus that is crippling some cities nor, do we have the fast rate of new construction starts, keeping us more in-line with supply and demand.

According to FORBES, Charlotte, Seattle, Boston, San Francisco & New York were ranked among the country's most undervalued real estate markets.  Housing continues to be a solid investment, especially with the mortgage rates at a minimum and the recent Wall Street struggles. 

Charlotte continues to one of the hottest real estate markets in the country. Located only 3 hours from the Atlantic Ocean, less than two hours from the mountains and is a major airport hub for easy air travel.  Charlotte has three lakes (Lake Norman, Lake Wylie and Mt. Island Lake), fed by the Catawba River. 

Charlotte has major art and sports interest, including many museums, professional football (Carolina Panthers), basketball (Charlotte Bobcats), semi-pro Charlotte Knights (baseball) and Charlotte Checkers (hockey).  Charlotte is also home to many NASCAR teams and houses the new NASCAR Hall of Fame Museum.  Come visit Charlotte and you'll fall in love with this fabulous city! 

About the author: 

Debe Maxwell is a Charlotte Residential Real Estate and Relocation Specialist who can assist you with the purchase and/or sale of real estate in Charlotte, NC or any place in the country by connecting you with a relocation professional in your destination of choice.  Debe has created a team of professionals throughout the country to ensure that you enjoy a smooth transition to your new area. These professionals are experts in the field of relocation and can serve many purposes beyond a simple home search.  The destination service is of no cost to you!  Please visit www.debemaxwell.com/ for your relocation and/or your local needs. 

Debe Maxwell- HELEN ADAMS REALTY - 704.491.3310 - Debe@DebeMaxwell.com