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Old 04-10-2008, 09:17 PM
Marcus David Marcus David is offline
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Default Charlotte NC???

Why is this the ONLY market in the country where property value is rising? Is this predicted to continue or downturn? I have been hearing conflicting stories on this specific market? Some people say it's a hoax, other swear it's an anomoly that will only become stronger. Does anyone have any solid ideas?
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Old 04-11-2008, 07:02 AM
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Default Re: Charlotte NC???

This is not the only area, look at Dallas Fort Worth. We where voted one one of two of the strongest area in the USA
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Old 04-11-2008, 07:26 PM
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Default Re: Charlotte NC???

Property values have increased in many markets locally here in Texas including San Antonio. Many published reports only include the "Top 10, 20 or 30 Markets." Also, the media make headlines just to that draw attention. Which headline would you probably see on CNNMoney or Forbes?

A.) 24 Out Of 25 Markets Show Price Declines From Year Ago

or

B.) Charlotte NC Property Values Increases 5%
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Old 04-11-2008, 10:52 PM
Marcus David Marcus David is offline
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Default Re: Charlotte NC???

Hey guys, I wasn't trying to arouse competition.. I was just wondering what some other thoughts were on this. Thanks for the replies!
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Old 04-12-2008, 01:32 PM
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Default Re: Charlotte NC???

Charlotte has been consistent with the rate of appreciation, we didn't see 30-50% spikes here like most markets. I am a firm believer that slow growth is more stable and won't put the market into a shock.

The only problem we have in Charlotte at this point are the foreclosures, but the past few weeks the number of filings has seem to slow down a bit, which is not good for me, but good for the economy here.

We have neighborhoods that are declining since hot spots are driving out the old renters and owners and sending them to those less desirable areas.

What are your plans for here?
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Old 04-12-2008, 01:44 PM
Pinehurst Real Estate Guy Pinehurst Real Estate Guy is offline
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Default Re: Charlotte NC???

Quote:
Originally Posted by GetSmart View Post
.........

What are your plans for here?
Subtle ..... vert subtle .......
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Old 04-13-2008, 05:50 PM
Marcus David Marcus David is offline
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Default Re: Charlotte NC???

Quote:
Originally Posted by GetSmart View Post

What are your plans for here?

Not sure yet. It depends on the consistant direction of the market. Investment properties, mortgage financing, maybe high end sales.. looking to find my niche I guess. You?

Last edited by Marcus David; 04-13-2008 at 05:53 PM.
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Old 04-14-2008, 09:45 AM
rachael24 rachael24 is offline
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Default Re: Charlotte NC???

How is the market in Charlotte, I was actually looking to move down there eventually.
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Old 04-14-2008, 10:17 PM
Marcus David Marcus David is offline
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Default Re: Charlotte NC???

Get Smart, I just read your profile. I would love to pick your brain some, if you wouldn't mind. I just have a few questions. Let me know if I can contact you sometime.
ciao
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Old 04-15-2008, 08:31 AM
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Default Re: Charlotte NC???

Quote:
Originally Posted by Marcus David View Post
Get Smart, I just read your profile. I would love to pick your brain some, if you wouldn't mind. I just have a few questions. Let me know if I can contact you sometime.
ciao
just pm me.
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