Full of Potential: Charlotte, North Carolina by Carla L. Davis
With room for growth and a normalizing market, is Charlotte the place for you? "There is something for everyone to enjoy in Charlotte, NC. Our area offers a comfortable pace of growth & high quality of living, You can choose a nice townhome or condo Uptown or in the Ballantyne area, or choose to live in Union County, just south of Charlotte. With the tremendous amount of growth in the area, we have experienced several different types of demands on housing styles. You should be able to find anything you want including homes from the 100's up into the millions -- either new or resale. There is something for everyone to enjoy in the Charlotte area!" says Realtor Shawna Minervini. Realtor Julie Tuggle notes, "According to the Charlotte Regional Realtor Association statistics, the second quarter of 2005 started out with an average home sales price of $198,306 in April and increased to $214,144 by the end of June. Average sales prices at the end of the June are up by 1 percent over the same period last year. August sales totaled 3,488 out of approximately 17,144 listings. At the current absorption rate of 20 percent per month, it will take about 4.9 months for this inventory to turn over. So it's still a buyer's market in most areas of Charlotte!" Realtor Jeff Magee adds, "The area is known for its very diversified communities. You can choose a nice townhouse or condo in the middle of the city or get a nice suburb feel just outside of town. With the tremendous amount of growth in the area, we have experienced several different types of demands on the housing styles. You will find many locations with just as many different styles of living. You should be able to find just about anything you could ever want. You can find a home from the $100,000.00’s to the multi-million dollar level. There is something for everyone to enjoy in Charlotte, North Carolina." |
