Now that the nation is going through the mortgage transformation, many are waiting for stability prior to moving on in their life. Homes in South Charlotte are continuing to expand and grow. There have been several new developments that have changed hands as a result of the mortgage fiasco. Beazer withdrew from Charlotte and Ardrey Woods in in a state of transition. Beazer was one of the many builders that focused on the less expensive neighborhoods to gain a foothold within the Charlotte Real Estate market. Unfortunately for Beazer, their market collapsed as they began upgrading their product to Ardey Woods.
D R Horton has also tried to change their target market with the Ardrey Crest development. Ultimately, their timing was not good and they had to release their hold within this development. Saussey Burbank has eagerly purchased the remaining interest in Ardrey Crest. Saussey Burbank will be a great complement to the neighboring Ardrey development being built by the Cunnane Group. Ardrey has less than 10 lots remaining and this popular development will be complete.
South Charlotte continues to grow and it is amazing to witness the final land grab. New restaurants and shops also continue to grow and a strong demand continues for entertainment venues.
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