As many folks have fared well in the Charlotte real estate market over the past years, things have slowed down…just a bit though. When you compare our local market to other regions in the US we’re actually looking pretty good. Its still very affordable here and multiple reports have come out over the past several weeks pointing to Charlotte with an appreciation rate as high as 11%.
Our family played the market for quite some time in Florida and did pretty well. Our last home was a bit of a “drama show” as some would call it, as we managed to “dump” our house to move up here. I’m now anxiously waiting on the market to turn and display the appreciation rates we saw several years ago. I may be waiting for awhile, but come first sign….I’ll buy back in Florida in a heart beat. Last I checked, they’re not building any more beachfront land.
Posted on December 31st, 2007 by admin
Filed under: General
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