posts about the general state of the Charlotte residential real estate market
Love it when somebody predicts the end to something usually means the boom is around the corner! If Charlotte commercial real estate developers had locker rooms...this Charlotte Observer's Vue Charlotte sells at auction for $103 million would be posted on every locker room bulletin board in town. Hmm...maybe they do have locker rooms...I know they got playas?
That's right I'm going to make a few predictions... (questions courtesy of NewsGeni.us.) Will the baby boomers take advantage of the great deals available and start purchasing vacation and retirement homes? YES. Absolutely* *unless Apple comes out with an iPad3 and iPhone5 (and they blow all their down payment) then all bets are off! Will 2012 be the year that builders again increase [...]
Charlotte and cities all over are in the midst of a rental boom. Apartment complexes are popping up everywhere. According to the Charlotte Business Journal ..."With demand for apartments still strong, two major Charlotte real estate firms are planning multifamily developments uptown.Childress Klein Properties and Faison have each closed on center-city parcels in separate deals last month." In Charlotte they can't build apartment complexes fast [...]
