How is the Growth in Charlotte Real Estate? Where are the current trends in Charlotte Relocation home buyers? How has the mortgage crisis impacted Charlotte homes? The national mortgage crisis has altered the Charlotte Real Estate market and has actually made the Charlotte housing market stronger. The sub prime mortgages allowed many people relocate to Charlotte before they were actually prepared for a new Charlotte home. Many of these Charlotte NC Real Estate buyers purchased Charlotte New Homes in "starter" neighborhoods. These Charlotte homes were the smaller ones on the market and created a new niche for the builders. Was this market superficially created by sub prime loans? Yes. The future for these neighborhoods are now uncertain. Many foolish national investors moved in and purchased these home for rentals. This further degraded the Charlotte neighborhoods and damaged the investment in the neighborhood.
To learn more, visit Charlotte Real Estate and I will do what I can to help you through our Real Estate market.
