Charlotte is the largest city in the Carolinas and one of the most rapidly expanding metropolitan areas in the United States, there is an average of 20,000 people that relocate to Charlotte each year. Charlotte is already home to some of the most well known Fortune 500 companies, such as Bank of America, Lowe's, Wachovia Corporation, Duke Energy, Family Dollar and Goodrich Corporation. This positive economic atmosphere has acted like a magnet for job seekers and directly fuels the booming market for real estate in Charlotte NC.
In fact, Bank of America and Wachovia have combined deposits of close to $1 trillion per year; nationally ranking first and fourth in this category, respectively. As it stands now, Charlotte is the second largest banking and financial center in America for headquartered assets, just behind New York City. With an average family income that exceeds national levels and a general cost of living that is a full 8.0% lower, it's no wonder why much of the rest of the country is choosing Charlotte, NC as thier new home. The 1980s and 90s were especially gracious to Mecklenburg County and this economic growth continues to bless the real estate in Charlotte, North Carolina as we move into the 21st century.
Hope this helps!
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Savannah or Charlotte???
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