Are you considering a move? Perhaps you’re tired of high taxes, inflated
real estate prices and high cost of living in the northeast or the west. Perhaps you are looking for an
entrepreneur-friendly place to build a business and a future. Maybe quality of life is a larger
consideration. Maybe the ability to
experience all four seasons… or newer, cleaner, well-planned communities… or
strong technological and educational infrastructure are prime considerations. The Charlotte metropolitan area provides all
of the above, and a well-managed growth rate that is the envy of most other
American cities.
Charlotte is reportedly the third
fastest growing U.S. city. Its
population is expected to expand 47% percent between 2010 to 2030 from 1.87
million to 2.74 million residents. Major
national and international employers continue to locate their headquarters in
the city, from Honeywell and Duke Energy to Lowe’s and Bank of America. The University of North Carolina at Charlotte
is a recruiting hub for Charlotte’s employers, with its huge, modern campus and
more than 27,000 students enrolled in a wide variety of undergraduate and post
graduate degree programs. But, in spite of its high growth, Charlotte is still
much smaller and a more manageable city in which to live and work than its
neighbor to the south, Atlanta.
Charlotte’s population is still only about one-quarter that of Atlanta.
The greater Charlotte real estate
market (which includes surrounding suburbs such as Matthews, Mint Hill,
Huntersville and Mooresville) remains very hot for investors in both single
family and multifamily properties. In a
recent Zillow report, Charlotte was deemed the fourth hottest real estate
market in the country. Realtor.com
ranked Charlotte in the top ten real estate markets nationally. The median price of homes sold in 2019 was
$230,000; and with the strong employment opportunities in the region, home
values and the cost of living are quite affordable by comparison to other
regions of the U.S.
With the Appalachian Mountains
and the beautiful Blue Ridge Parkway about a three-hour drive to the west, and
the warm beaches of the Atlantic Coast about the same distance to the east,
skiing, hiking and camping are as easily within reach of the Charlotte metro
area as beachcombing and deep sea fishing.
From a thriving economy, business and employment opportunities to still
reasonable home values and an affordable cost of living, metropolitan Charlotte
provides an extremely attractive place in which to build a future, and all
indications and expectations are that the region will continue to offer all of
these things well into the foreseeable future.
