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Archive for February, 2009

Uptown Charlotte has some hope in the uncertainty of the Wells Fargo – Wachovia Merger. The new skyscraper originally known as Wachovia Tower and meant as their crown jewel of Charlotte had a fearful future for many Charlotte area residents until yesterday, when a deal was reached with Charlotte based energy company, Duke Energy.

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Charlotte, NC Real Estate is back at the top of the national real estate market again according to the S&P / Case-Shiller home price index. This measures homes prices in 20 of the nation’s largest Metro areas around the country through December of 2008. Charlotte was at the top of the best markets in the country due to having one of the smallest rates of decline in our property values.

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Recently, a Bank of America official was quoted as saying that the Charlotte, NC suburb counties of Cabarrus and Iredell were expected to experience real estate growth over the next 5 years, despite the economic downturn. Cabarrus County real estate actually leads the Charlotte NC Real Estate market in growth expectations with anticipated expansion of as [...]

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