Why should I invest in Charlotte?
Charlotte offers among the most affordable and appreciating real estate market in the country according to major news sources such as CNN, ABC, Money Magazine, and US Census. Consider the following:
o Analysts say this is the biggest boom in Charlotte since the late 1980’s
o Largest city in the Carolinas, 18th in the US (913,639 - 2009).
o US Census: June- 2007, ranked Charlotte the 5th fastest growing city
o Money magazine notes Charlotte as one of the hottest job markets in the country.
o Baby boomers (referred to as “Half backs” are coming and settling on Charlotte as their retirement home
Charlotte’s Keys to Success
o Strong Balanced Economy
o 2nd largest banking center in the U.S - (behind New York). 26 Banks are represented with 226 local branch offices
o 326 Fortune 500 companies represented, seven are headquartered in Charlotte.
o Each year 10,000 new jobs have been created in Charlotte
o Unemployment rate at 4.3% below national average
o 15% projected job growth over next 10yrs
o NASCAR Hall of Fame in Charlotte
o Banking Centers provide stability and growth through acquisition
o Mass transportation being built
o City of Concord/Kannapolis: Bio-Tech research facility being built, bringing 35,000 jobs to the area.
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