The Standard & Poor’s/Case-Shiller home price index reports that home prices fell in October for the 10th consecutive month — with several exceptions — Charlotte, North Carolina) Portland,Oregon and Seattle, Washington. These areas posted year-over-year home price appreciation in October. Charlotte posted the largest gains at 4.3 percent.
The Charlotte Chamber of Commerce attributes the strength of the Charlotte housing market to the area’s strong economy and exceptional job growth. Preliminary numbers show that more than 14,000 jobs were created in the Charlotte area in 2007.
Charlotte – a growing city, a great place to raise a family and a great place to live.