U.S. Census analysis released this week reveal that four of Charlotte Metro's counties are ranked among America's fastest growing cities, including the largest and most central, Mecklenburg (82nd)! Union County, including Indian Trail, Matthews, Stallings, Monroe, Weddington and Waxhaw ranked 7th in growth!
Harrisburg Cabarrus County (home to Lowe's Motor Speedway), including Concord, Kannapolis and Harrisburg ranked 29th among the nation's fastest growing counties. Lastly, Iredell County (Lake Norman, Mooresville area) ranked 90th.
Union County's growth has propelled property values and has given rise to several new schools, shopping areas, recreation facilities and restaurants to facilitate the large number of newcomers. School population has increased by 84% necessitating approximately $500 million on school construction. Union County's appeal to city dwellers' move to the 'country' has flourished into a population of about 185,000 (up about 50% since 2000), with more debt per capita than any large or medium sized county in NC.
The 11-county Charlotte Metro region grew by 79,000 last year! The population of Mecklenburg County has risen to 867,000, increasing 3.8% last year. Economic opportunities in the region continue to spawn growth by adding 32,000 in population during 2007.
Combine economic growth with mortgage rates near an all-time low, and it is a win-win for both Buyers and Sellers in the Charlotte Metro region! Give me a call and let's take a look at some of the fabulous homes for sale here in the Queen City! Now's the time!
About the author:
Debe Maxwell, ABR is a Charlotte Residential Real Estate Broker, Certified Neighborhood 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