Great News From Economist on the Charlotte Region

The Charlotte Observer ran a very promising news article this morning (October 31st). Obviously a lot of people, investors included, continue to wonder what effect all of the different economic events will have on the market where they invest. Well, it was nice this morning to read the headline: "This Time Good News Expected" The article discusses different parts of the Country and the impact that the Mortgage fallout has had on those markets and Wachovia Bank's Senior Economist, Mark Vitner, had this to say: "Everyone's readily aware that the market is crashing nationwide," he said, "but in Charlotte it's holding up really well." Another Chief Economist at Wachovia, John Silvia, quotes:"If you're in the Rust Belt, it's bleak...if you're in Charlotte...things look pretty good" The article also discusses the fact that the unemployment rate in our region was DOWN versus an increase in most markets. This article provides more great news for investors here in the Charlotte Region, however Mark Vitner with Wachovia did offer a strong bit of advice that I think should really be regarded by investors "on the fence" about their next investment or making their first investment, he states: "My message is take advantage of the low rtes," Vitner says. "What the Fed giveth, they can takey away." This is the advice of the Senior Economist for one of the top banks in the Nation and the World for that matter. Click here to get your investments moving in the right direction and take advantage of these low rates today: www.carolinainvestmentproperty.com