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Charlotte, N.C.
2017-06-22 17:42:00| National Real Estate Investor
For a long time Charlotte remained in the shadow of higher profile southern cities like Charleston, S.C. and Atlanta. Now Charlotte has come into its own. In this commercial hub of the Tar Heel state, unemployment is at 4.0 percent and the population averages around age 36.9. Similar to other U.S. markets, Charlotte has seen net absorption fall since 2015, but that should rebound somewhat by 2018, according to the 2017 Southeast U.S. real estate market outlook from CBRE. Multifamily vacancy rates could dip below 7.0 percent in 2017.
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Category:Real Estate