Charlotte Real Estate Market Updates
May 28th, 2008 Categories: Buy A Charlotte Home
Charlotte Real Estate Values Hold Up Well
Did you see yesterday’s Case- Shiller Report? For the 3rd month in a row, Charlotte is the ONLY market of 20 leading markets in the country with Rising prices… before we get too excited lets note that it is less than a 1% increase– but still, the national market price index dropped 14% for the same month. Bad news if you have to sell your home to get here.
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Baxter Village in Ft Mill announced it’s 1000 th home closing since it began in 1999 .This “city within a city” is extremely convenient just off I 77 in nearby Ft Mill-
and of course has the ridiculously low SC property taxes and a great walking community plan designed to improve on the popular Birkdale live -work-walk concept. This is from their website: “Baxter Village… Where forgotten pleasures of small town life frame your existence. Located in historic Fort Mill, S.C. Beautiful townhomes starting in the low 200’s and single family homes from 300 - 500’s.”
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May Charlotte Real Estate Market Reports will be out next Monday- the most up to date market information on Charlotte Real Estate- they will be interesting as they compare the Cost per SF of sold homes from May 2007 to May 2008….
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Moving To Charlotte? Considering a Move? Please don’t hesitate to give me, Terry, a call at 704-351-1519 or, to search for homes online, try my easy to use site Search the Charlotte MLS.
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Could have got me with that one. Most of the neighborhoods I invest in there are a lot of foreclosures so the repo homes are bringing down the values of their neighbors.
I might need to switch to a neighborhood that is more than bread and butter houses.
Great blog by the way. Its rare to find someone that posts as much as you do.