The most recent Case-Shiller Report indicated that Charlotte Home prices were down 9% over 2008, placing Charlotte real estate 5th best on the Case-Shiller Index of 20 major real estate markets. Better news is that home prices, month to month, were rising, albeit slowly, but for the 3rd month in a row. That 3 consecutive month price rise leads me to the conclusion that home prices had bottomed in Charlotte and things are looking up.
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