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Charlotte Makes Headlines
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Charlotte Appreciation Rate for 2006 9.09 %
"On March 1, 2007 the Office of Federal Housing Enterprise Oversight announced the housing appreciation rates for 2006.
The Charlotte MSA appreciation rate for last year was 9.09%, exceeding the national average of 5.9%."
Click here to go to the OFHEO site
 From USA Today March 27, 2007:
Charlotte is the Exception in the
Falling of Home Prices
Single-family home prices plummet in January,
worst drop in 13 years
"All cities in the survey, except Charlotte, showed prices flat
or lower in January compared with December."
Click here to view chart
From The Charlotte Business Journal March 16, 2007:
Study: N.C. Among Pro-Business States
"North Carolina is the fourth-most business-friendly state in the country, according to a new study...
The results were based on 28 measurements including taxes, human resources, right-to-work legislation, energy costs and jobs lost or gained."
Click here to view this article
 From The Charlotte Business Journal March 26, 2007:
Charlotte Sees Home Price Gain
"The Standard & Poor's/Case Shiller Home Price Indices report shows a 7.9 percent increase in the average sales price for Charlotte residential real estate for the year ending in January."
Click here to view this article
Charlotte Makes
Expansion Management Magazine's
2007 List of America's 50 Hottest Cities
"We asked 80 prominent site location consultants, based upon their experiences during the past two to three years (and those of their clients), to list their choices for the nation's best cities for expanding and relocating companies. We asked the consultants to rank the metro areas according to such factors as business environment, work force quality, operating costs, incentive programs, work force training programs, and the ease of working with the local political and economic development community.
The goal is to get their impressions as to which cities are the hottest in terms of attracting expanding and relocating companies."
From The Charlotte Observer April 5, 2007:
Charlotte Region's Population on Fast Track
Charlotte breaks into top 10 list for metro areas that added the most people in '06
“The Charlotte region ranked No. 7 on the list of metro areas that added the most people in 2006, according to statistics released today by the U.S. Census Bureau.”
Click here to view this article
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CALLOWAY'S FEATURED INCOME PROPERTIES |
Exclusive Release for Phase 3 of
The Village at Bent Creek
Calloway Investments, Inc is pleased to announce the release of Phase 3 in the Village at Bent Creek.
The Village at Bent Creek is ideally located just minutes from uptown Charlotte in the Historic town of Mint Hill. Due to its close proximity to Interstate 485 and the Albemarle Road widening project, this area is currently preparing for a period of rapid growth including high-end housing developments, a new mall with major retail and a regional hospital.
As always, these town homes are brand new and have been upgraded with Calloway Investments' exclusive rent-ready package, and come with the builder's 2-10 year warranty. As everyone who purchased during the first two phases knows, this is an amazing opportunity to get in early in a market that is already growing quickly. Do not miss out on this exclusive release opportunity.
Click here for complete information about the
hyper-growth potential of the Mint Hill area and to
see available inventory in the Villages at Bent Creek. |
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Calloway Investments, Inc
Conducts Due Diligence Methodology
Workshops Around the Country
Due to the high demand for our research and real estate knowledge, Calloway Investments, Inc has been traveling to bring our Due Diligence Methodology to investors throughout the country. Jeff Holler, Senior Income Property Specialist has been presenting our Due Diligence Methodology Workshop to crowds in cities such as Fullerton (Orange County), San Diego, San Francisco and Miami. This workshop teaches attendees Calloway Investments' Due Diligence Methodology, including how to choose where to invest on both the macro and micro levels, the best kinds of properties to own and even how make the process the most successful through a potential turn-key solution.
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Jeff Holler speaking to a group of
investors in Miami
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CALLOWAY WAS THERE FIRST! |
High-End Developments Planned
Near Calloway Investments Neighborhood
As many of our clients know, the Mint Hill area around Calloway Investments' The Village at Bent Creek neighborhood has been experiencing tremendous growth as more people are attracted to this unique area of the Charlotte MSA. The recent announcement of a high-end subdivision in the area only confirms our belief that Mint Hill is on the rise.
Sienna will be Mint Hill's newest neighborhood and prices will start at $1.3 million. The homes will be on ¾ to 1 ¾ acre lots and will be 3,700 to 5,000 square feet. This luxury subdivision will include vineyards, orchards, a barn and will be located close to our Bent Creek neighborhood.
This high-end luxury subdivision along with the other developments in the region is already projected to draw retail, entertainment and jobs. As you can imagine all this attention and interest is only fueling the desirability of the area.
Home Prices in Mint Hill to start at $1.3 million
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CALLOWAY WAS RIGHT AGAIN! |
Growth Exploding at State Line
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Once again Calloway Investments predictions are coming true. All the talk around our Constitution Park neighborhood in Rock Hill is about the great growth and development in the area. Several developers have announced plans for high-end luxury communities and mixed used projects throughout the region.
A $200 million project is planed on 24 acres in Rock Hill near Constitution Park. This mixed-use project includes plans for retail and office space along with entertainment and housing. This project also includes plans for housing for retirees.
Also in the Constitution Park area, there are several developments in the works along the North Carolina/South Carolina state line including Emerald Lakes a 1000 acre project that will include both single and multi-family housing and Huntley Glen where home prices start at $350,000. These developments are bringing both growth and attention to this area.
$200M Plan Unveiled in Rock Hill
Click Here to View This Article
Look for Growth at State Line
Click Here to View This Article
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| *You are under no obligation to use any particular mortgage lender, property manager, or insurance company. Recommendations are made as a courtesy only, based on the reputation of, and our experience with, the referred companies. Calloway Investments Inc. and their advisors cannot be and are not responsible for the conduct of other firms.
**Nothing herein implies that other than the owner is responsible for choosing and directing each element of management. Calloway Investments Inc. is a developer and vendor of real estate, and nothing herein should be construed as legal, tax, financial or other professional advice. |
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