Charlotte is one of the Smartest Cities to buy a HOME in

January 22nd, 2010

Forbes magazine listed 10 cities that are the best places to buy right now. Charlotte was in the top 4.  Forbes computed the premium and identified locales where economists  predicted the prices of homes will go up the most in the next 5 years. The rates of rent are dropping but not much. Think of the [...]

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N.C. Growth Third-Highest In U.S.

December 31st, 2009

North Carolina’s population grew by 134,000 in the 12 months from July 1, 2008, the third largest gain of residents in the country.
Only Texas, with an increase of 478,000 residents, and California with an increase of 381,000 people were ahead of the Tar Heel state in terms of increase in the number of people.
In terms [...]

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Wachovia Loses Battle Over S.C. Brokers

December 31st, 2009

Regulators have dismissed the latest claims of raiding and unfair competition made by Wachovia Securities against St. Louis-based brokerage, Stifel Nicolaus & Co. Inc., and ordered Wachovia to pick up the case’s tab.
A Financial Industry Regulatory Authority arbitration panel in South Carolina ordered Wachovia — now a owned by Wells Fargo & Co. — to [...]

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Build or buy new construction and then rent to own

December 6th, 2009

I have found a great way to earn a profit with good tenant buyers. I have 12 properties in this program and my rent is on time every month.

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WHERE HOME PRICES ARE EXPECTED TO RISE

October 1st, 2009

by Francesca Levy
Friday, September 18, 2009
provided by www.forbes.com
*(STORY CONTINUED BELOW)
Where Home Prices Are Likely to Rise:
Charlotte, N.C.
Percentage Change:
1 Year, 2009: -8.15%
3 Year, 2009-2012: 3.54%
5 Year, 2009-2014: 12.20%
Boston, Ma.
Percentage Change:
1 Year, 2009: -9.75%
3 Year, 2009-2012: 4.48%
5 Year, 2009-2014: 20.44%

Baltimore, Md.
Percentage Change:
1 Year, 2009: -13.32%
3 Year, 2009-2012: -3.33%
5 Year, 2009-2014: 9.22%

Atlanta, Ga.
Percentage Change:
1 Year, 2009: -14.91%
3 Year, [...]

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Economic indicators index jump 0.6% in July according to the Conference Board, in the latest sign of possible recovery.

August 20th, 2009

An index of economic indicators rose in July for a fourth straight month, in another sign that the recession is bottoming, said a report released Thursday

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Housing Starts and Permits Rise Sharply in June

July 27th, 2009

Commerce Department reports substantial increases in key home builder activity
News Release
July 17, 2009
HousingZone
WASHINGTON, July 17 - Nationwide housing starts and permits posted substantial gains in June as home builders responded to improved market conditions and the impending expiration of the first-time buyer tax credit, according to data released by the U.S. Commerce Department today. Commerce [...]

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Charlotte-area companies among top retailers

July 8th, 2009

Five companies based in the Charlotte region are included in Stores magazines Top 100 Retailers List, which is based on 2007 revenue.
Lowes Cos. Inc. (NYSE:LOW) ranks No. 9, with sales of $48.3 billion last year.
Supermarket owner Delhaize America Inc. of Salisbury ranks No. 21, with sales of $18.2 billion. The company, owned by Delhaize Group [...]

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Pending sales of homes on the rise

May 8th, 2009

Tuesday, May 5, 2009, 10:15am EDT
Pending sales of existing homes rose for the second consecutive month in March, adding to optimism that the sluggish housing market may be poised for a recovery.
The National Association of Realtors’ Pending Home Sales Index rose 3.2 percent last month, following a 2 percent increase in February.
 
It was the first [...]

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Ten Cities where Americans are Relocating

May 5th, 2009

Lauren Sherman, 03.30.09, 04:00 PM EST
U.S. migration may be down overall, but these vibrant metro areas are still attracting newcomers.
Unemployment is on the rise, credit is tight, and consumers aren’t spending–which means they aren’t picking up and moving much either. Very few places in America saw significant population growth in 2008.
But the buzzing metropolitan area [...]

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