I dabble just a touch in real estate around Charlotte NC/Rock Hill SC. The market has slowed a bit here. I have seen a few foreclosures but nothing crazy. New homes are still going like hotcakes within Mecklenburg and York County. Older homes are what has slowed a bit.
Granted, so much new housing goes up that it is absolutely insane. My company's owner has 200+ acres that this building sits on and it's surrounded by new housing. He bought it in the 90's and built this place. He and his brothers are MANY times over millionaires but if he ever decides to sell, this will be a mint. It's in SC but so close to Charlotte NC I can walk out to my truck and see Carowinds.
Granted, so much new housing goes up that it is absolutely insane. My company's owner has 200+ acres that this building sits on and it's surrounded by new housing. He bought it in the 90's and built this place. He and his brothers are MANY times over millionaires but if he ever decides to sell, this will be a mint. It's in SC but so close to Charlotte NC I can walk out to my truck and see Carowinds.