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Charlotte Real Estate Blog by Angie Adams




Charlotte Area Real Estate News. Homes for Sale
Charlotte housing market is surviving the Housing Bust so far

One Wachovia Center in downtown Charlotte is ailed as the up-and-coming Wall Street of the South, Charlotte, N.C., is home to the headquarters of both Bank of America and Wachovia. The banks have attracted a slew of young workers.

In addition to strong employment prospects, Charlotte is inexpensive to build in and speculation has remained low (home prices rose by just 36% between January 2000 and September 2007). That combination has helped keep the value of single-family homes relatively stable. Between February 2007 and February 2008, prices in Charlotte rose 1.5% — the only increase in a major metropolitan city.

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Published Thursday, May 08, 2008 11:29 AM by Angie Adams NC/SC REALTOR® Broker


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