While values slowed during 2007 across the US, ONLY three (3) markets finished the year in the positive: Portland, Seattle and CHARLOTTE. Charlotte was the best with a 2.3% increase, the highest in the US. Charlotte did also finish the year on a strong trending note as fourth (4th) quarter of 2006 to fourth (4th)quarter of 2007 actually showed a six (6%) percent rise.
Charlotte's economy stays strong and the commercial building and growth is phenomenal. Class A Office Space is being built as fast as developers can build it and it is virtually all pre-leased before being finished.
The Bio-Tech Center development continues on schedule and the accolades are already coming for this development that is already becoming Nationally and Internationally recognized for it's importance in the Scientific community.
Wednesday, February 27, 2008
Monday, February 4, 2008
Charlotte Hiring at RECORD Levels in 2007
A great article was in Charlotte's paper on Saturday, February 2nd. Last year, our area added 2.6% MORE jobs in 2007 and had the highest number of jobs in our area in more than a decade. This is another SOLID boost of confidence for our region considering the loss of jobs in other areas and the fact that we grew at 1 and a half times the National Average job growth rate.
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