Best of Charlotte, NC|2007 in The Rear View Mirror
January 1st, 2008 Categories: Charlotte News and Politics
Charlotte News, Communities and Real Estate, 2007 in Brief
There were several key turning points for Charlotte in 2007, all pointing to a brighter future for those of us who call Charlotte home.
First, a $540Million school bond package was passed for new schools
in the Charlotte-Mecklenburg System, scoring a major victory for still new Superintendent Peter Gorman. Afters the failure of the last Bond package, and the vote of “no confidence” that represented, this was welcome relief to the many parents whose kids are attending over crowded schools throughout the area. And the bond passed with over 60% of the vote, another milestone.
2nd,
The victory for light rail forces at the ballot box, and the almost simultaneous opening of the first 9 mile Lynx rail line,
from Uptown to Pineveille. Anti-transit forces were able to get 45,000 signatures to get on the ballot, and couldn’t reach that number in the vote, and lost more than 2 to 1, with voters once again affirming mass transit-anything to help relieve the number of cars intown. And how has it fared? CATs estimated that by the end of its 1st year, an estimated 9300 riders would take daily trips- a number called preposterous by the critics –they passed 12,000 daily trips by the end of the 2nd week, and it is growing still. And not one I told you so.
3rd-
Despite the nationwide downturn in real estate, the Charlotte real estate market kept appreciating,
in fact when the final tally is done, I am sure Case-Shiller will show Charlotte one of the top 3 major markets in the country for home price appreciation. Our full real estate market reports are coming in the next few days, but I am sure they will show strong appreciation in 2007 prices over 2006. Preliminary numbers indicate the average cost per sold square foot is up over 4% for townhouses, condos and single family homes for the year 2007 over 2006.
4th-
The first two of new uptown condo high-rises completed and closed their first units,
the Avenue (the pool deck where the photo was taken) and Trademark, the building on the right in the photo.
5th-
The US National White Water Center, home of the US Olympic Kayak team, announced that they will host the US Team,
Canadian Team and more than 6 national teams will select their respective Beijing Olympic teams in 3 days of 
trials, April 27-29. Search for Charlotte Real Estate?
Are you considering a move to Charlotte? Like to see more Charlotte Homes and Communities?
Then I hope you will visit my Charlotte photo galleries, more than 1500 pictures divided into more than 45 galleries, divided by area and fun things to do, have a look at: Uptown Dilworth, SouthPark, Ballantyne Country Club, High Gate.
ImaginOn, children’s library and trhater on left.
Here are couple of recent articles about the strong Charlotte real estate market by Forbes.com and ABC News To learn more about me, and my business in Charlotte, visit TerryMcDonaldRealEsate.com, my easy to use home, condo, land or multifamily~
Please don’t hesitate to call me direct with your Charlotte real estate needs and questions, 704-351-1519
Sounds like the Charolotte real estate market is on the upswing for 2008. Congratulations on living in a great city and getting to do what you love, being a Charlotte real estate expert. I’m looking forward to many great articles from you this coming year.
Love your title, Terry. Although your recent Charlotte events are in the rear view mirror, you’ve hit on some important events that will surely have a great impact on the future of Charlotte lifestyles.
Charlotte NC definitely has a bright future! You do a great job representing Charlotte. Always love to read your updates about Charlotte communities!
Terry - Charlotte’s future’s so bright you’ll have to hand our shades - it’s amazing how vibrant Charlotte is on so many fronts - yep, Charlotte Real Estate is HOT and looks like everything else is too. Thanks for sharing - Cyndee