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It was a dark and stormy
fall…little used words like
“sub-prime”, kept flying through the air. Here In Charlotte,
NC, Condo CanDo® and I, The Real Estate Lady®, just keep reading
and comparing the national
market with our local market.
The
Charlotte
market is experiencing different woes. People can’t
sell what they have in other states to get here, to make purchases
of homes in
Charlotte
,
NC
. And the other problem is really not
a problem. The correction
to over-building was inevitable.. Builders
overbuild. And they really have here in
Charlotte
. We’ve had our share of sub-prime, N.C. is 24th on the list of states
with foreclosures.
Charlotte
is a robust market and our foreclosure rate is equally robust. But
all in all,
Charlotte
fares better than most. Our
ranking is in the top three cities for appreciation with a modest 4.6%.
One of our biggest challenges right now is the proliferation
of high-rise condo towers in Center
City Charlotte. I will detail that on our website:
www.condocando.com.
And, of course, being a long-time, well experienced full-time real estate
broker, I asked myself, ”What
can I do to help folks sort
this out. ? ” Condo CanDo, my stalwart companion all these years came
once again to the rescue. She said,
“Let’s tell them what we know. Everything!” “Great idea,
CC”…and she added,”Let’s invite
them in on our conversation about
Charlotte’s Condo Market, what’s happening and where, but most importantly
about buying and selling condos here.” We both looked at each other and
smiled. We were laughing because we are performance
oriented, love the Internet and enjoy
people teaching us.
So, we sharpened our pencils…loosely translated to “ fired” up our
new laptop and put on our
thinking caps.
1.Condo CanDo and I will write a
Tutorial and Workbook for Buying and Selling Condominiums in
Charlotte
,
NC
. The process will be organic.
We will make changes, you can
offer up comments,tell your stories, make suggestions.
2. We will write the chapter segments .
We’ve created a loose outline. The chapters will be posted
on our CondoCanDo website: www.CondoCanDo.com. After posting the written
word on the CondoCanDoBlog,
we will also have a commentary on each chapter on this podcast.
And this is where you come in…we invite you to comment, add information,
offer suggestions or your own story about condos right here. We
are listening. The conversation has started. Let us hear from you.
Information
on contact and comment at
RSVP...
look
to the left, please!
What
do you want to know? We’re specialists. If we don’t know, we’ll tell
you and go find the answer.
We’re off and flying.
The Real Estate Lady®
and Condo CanDo®,
Charlotte
,
NC
January 8, 2008
January 13, 2008
In Between The Lines: NC-Why Condos?
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