The Charlotte Metro area is one of the few exceptions to the current national downward trend in Real Estate . While in most major markets the sale price on new homes has stagnated, or even decreased, Charlotte is still experiencing an increase of 8% or more. In some communities much more. Growth is the word for all areas of the Metro Charlotte with over 75,000 net newcomers per year. Many of the new residents are relocating from the Northeast and the West to escape the high taxes and also from the Gulf and Atlantic to the Hurricanes and high Insurance Rates. The only concern to the Charlotte Real Estate market may be the inability of buyers to sell their old homes to relocate here.
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