Well it's another day appraising here in Charlotte, and by the lasted statistics that I have gathered, Charlotte is still seeing some appreciation. Has your real estate appraiser been following the market?
According to the article, Charlotte was one of the only few in the U.S. see healthy appreciation rates. Although days on market has steadily risen in the past six months. As I ride in the new construction neighborhoods, all I see is for sale signs, empty lots, and sad RE agents. Other real estate appraisers here in Charlotte are reporting these same things.
So it makes you wonder how long Charlotte can a float. I know this one appraiser, in his own statistics has Charlotte down about -0.01%. Valuation Experts has been watching the market very carefully, and has been reporting their findings at http://www.valuation-expert.com/
Monday, February 11, 2008
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