Just like in-state neighbor Raleigh, Charlotte has expanded quickly as the result of an economic boom that has drawn many residents from the North and Northeast. The financial sector is largely responsible and this is something to keep an eye on as banks’ woes continue. While the city continues to grow, building activity has supplied plenty of inventory on the market, keeping things in the buyers’ favor.
Here’s a link to the story: http://www.forbes.com/2008/02/07/house-bargain-hunters-forbeslife-cx_mw_0207realestate_slide_8.html?thisSpeed=15000
