Thank you for responding to my posted question. I currently reside in the Northwestern part of Charlotte, NC, fairly close to the NorthLake Mall. I relocated to Charlotte, NC in December of 2006, working in Investment Banking. I am extremely pleased with the commercial and residential growth experienced around the NorthLake Mall and surrounding area. I purchased a large single family house in a starter/mid range community. My long-term goal would be to purchase a residential lot, preferably in an estate community, with the intent of building a single-family residence within the next 5-7 years. The schools in and around the Metro Charlotte area are satisfactory at best and I would probably start having children around that time frame. Coming from South Florida (Miami), I am clearly versed on swings of the real estate market. Since moving to Charlotte, I have done extensive research on the area and I am looking at the future of the CATS/Light Rail System. If Charlotte, truly transforms into a major metropolitan area, this commuter system will have to be in-place. I am just trying to gauge what realtors/industry professionals, such as yourselves, are hearing in the marketplace. I have seen a couple of projects in both areas, with acre lots ranging from $50M - $70M. Do you have any recommendations on which area is best poised for future development and growth? If I make the decision to purchase a lot and the market does not develop, then raw land is one of the riskiest investments. I look forward to your opinion and information.

Nicholas,
I have lived in Charlotte, and most areas of central, and western North Carolina. Also, South Carolina, and Florida. I agree with Marian in that you are one of the well informed client that knows what they are looking for and are planning ahead. I have worked with Marian's company before and I believe they are definitely a good fit you. They specialize in the research for buyers that know what they are looking for but, are unsure of the area they need.

Larry Story
Coldwell Banker Triad

Dear Nicholas,

Your question is full of more questions and it is obvious that you have done your homework. I wonder if you actually know the answer better than most already! We believe that Charlotte is a very good area to purchase in and we spend our entire life studying these areas. I am not convinced I could really answer this question without knowing a little more about your end goal. I would enjoy hearing more about your long term goals, why specifically Charlotte, etc.
The Schaffer Realty Group
Marian Schaffer
terry@marianschaffer.com