Charlotte NC Real Estate was #1 in Appreciation, say S&P Case-Shiller, Through the 3rd Quarter of 2007
November 30th, 2007 Categories: Charlotte Business
Charlotte NC Real Estate Still Appreciating, and Undervalued!
A Mea-Culpa, Some new Charlotte Business facts, a new video introduction to Charlotte and other Friday Ramblings by this Charlotte real estate agent.
So when you get it wrong, you get it wrong–earlier this week I reported Charlotte was #2 in appreciation, when in fact, by a couple 100th’s of a %, Charlotte was the fastest appreciating major city in the nation in the latest Standard & Poors-Case-Schiller housing report of the top 20 real estate markets in the US, leading Seattle, Portland, Dallas and Atlanta. Of course the headline was 15 of 20 markets were in price decline- and I hear it from Realtors around the country too.
Thursday night Federal Reserve Chairman Ben Bernanke spoke to the very well attended Charlotte Chamber and announced “flexibility”on his thoughts about future interest rate cuts. In his honor, I wanted to start our Charlotte Business category.
Charlotte NC Business Facts
Did you know that Charlotte is:
the 20th largest city in the nation
2nd largest financial center in the US, 4th largest in the world
8 Fortune 500 companies are located here
largest consolidated rail center in the US
10th largest airport in the US, 11th largest measured by daily flights
Charlotte Mecklenburg School System, 19th largest in the US. 5 high schools ranked in Newsweek’s top 200 high schools in 2006. Charlotte also ranks #1 or #2 at the 4th and 8th grades in the latest annual NAEP reports of lower socieoeconomic status
322 of the Fortune 500 businesses have operations here
The two reasons businesses cite for moving to Charlotte? First, is our highly educated workforce. 2nd, the quality of life for their employees.
Here are a couple of other recent articles about the strong Charlotte real estate market by Forbes.com and ABC News 
People interested in moving to Charlotte, investing in Charlotte, or buying in Charlotte, you deserve expert representation. Give me a call and a try out, and I’ll work every day to make you a raving fan. Terry McDonald
Call me direct at 704-351-1519, and I’ll see you in Charlotte!
[...] Check it out! While looking through the blogosphere we stumbled on an interesting post today.Here’s a quick excerptHere are a couple of other recent articles about the strong Charlotte real estate market by Forbes.com and ABC News Search MLS E MailTerry I have more great pictures at my Charlotte photo galleries: Uptown Dilworth, SouthPark, … [...]
[...] according to the Standard and Poors Case-Shiller Report led the nation in price appreciation through 3 quarter of 2007, at 4.7% appreciation… Beverly [...]
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[...] in 2007. See previous reports- Case Shiller 2007 -Charlotte Appreciation and similar one from earlier in 2007 But before you panic, consider [...]