Tuesday, August 14, 2007

Charlotte 3rd Fastest Appreciating City 2nd Qtr 2007

In statistics released today, Zillow, the national web based housing valuator, ranked the Charlotte-Gastonia-Rock Hill MSA 3rd in the nation with a net 9% increase in total housing market value in a year to year comparison through the 2nd quarter of 2007.

This just smacks us in the face doesn't it? And begs the question, how did they figure it? The key may still be year to year- our numbers showed sales being off, but appreciation in the 2-4% area, see our recent Market Updates. I'll be working to get to the bottom of it. I crave good data, and if accurate, it is a goldmine! IF!

I'll have more later.

1 comment:

Anonymous said...

If you were to invest in Charlotte, what would you consider the best pockets of Charlotte which are really appreciating.