North Carolina is a state situated in the Southeastern part of United States with its Atlantic Seaboard. North Carolina was one of the original Thirteen Colonies, and the base for the first English colony in the Americas. At present, North Carolina is a fast-growing state with an increasingly diverse economy and population about 8,683,242, 79% raised since April 1, 2000. Because of its wide range of elevation from sea level on the coast to over 6,000 feet in the mountains, North Carolina has the most varied climate of all the Southeastern states.
Charlotte: Real Estate: Charlotte is on the top of the list when it is concerned to real estate investment. It has a lower buy-in, as in Atlanta, single family residences ranges from $150,000 to $200,000 with a good rental market commanding over $1,100 to $1,200 for that price range.
Charlotte, North Carolina is identified as the “Queen City” received its name from Queen Charlotte in England. It is the largest city between Washington and Atlanta and is a major distribution center. Charlotte has an international airport helping the needs of national and world travelers. It is the base for both Bank of America and Wachovia Corp.
The weather is very seasonal with gorgeous falls and springs and moderate winters to enjoy. This makes for a long growing season as well as much good weather for all types of construction of residential communities and commercial projects.
According to the Charlotte Regional Realtor Association statistics, the average home sales price for November was $219,681. The average sales price was raised by 3.6%, last year, for condos/town homes was $191,367.
November sales totaled 3,067 out of nearly 16,723 listings, so it is taking about 5 ˝ months for the inventory to turn over. The market is slowing down as we moved into winter.
Available ZIP Codes: 28202, 28203, 28204, 28205, 28206, 28207, 28208, 28209, 28210, 28211, 28212, 28213, 28214, 28215, 28216, 28217, 28223, 28226, 28227, 28262, 28269, 28270, 28273, 28277, 28278,28031, 28036, 28070, 28134, 28217, 28227, 28262, 28270.