25 June 2008

Charlotte House Prices Fall

Whenever the housing crash is discussed, Charlotte is mentioned, since it was one of the largest metropolitan areas not experiencing a price drop.

Yhe other shoe has now dropped. Charlotte area house prices dropped year over year for the first time in 17 years.

I do think that Charlotte's market is healthier, and will remain healthier, than the US market as a whole, but the housing crash will hit everywhere.


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