At the end of last December Standard & Poors released their most current Case-Shiller Home Sales Index data for 2010. While the data is only through October, it is the most current release from S&P. The data shows Charlotte as one of only six cities in the country to post home prices lower than when prices began [...]
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A few weeks ago I wrote about the scary possibility that BofA’s search for a new CEO could take the financial institution’s headquarters out of Charlotte. After Wachovia’s acquisition by California based Wells Fargo, the Queen City could have been dealt a two-punch economic combination that might have been painful, to say the least. Looks like [...] One of the first things you are taught in real estate licensing school is that all real estate is local. That means that whatever is happening globally may not be a factor in a local market. So on a national level you can have low interest rates, first-time buyer tax credits, and great bargains in [...] |
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