Charlotte, MI

Charlotte, Michigan is a city located in the southeast region of the United States. The population was 892,824 as of the 2010 census. Charlotte is the fourth largest city in Michigan and is home to several Fortune 500 companies. The city's economy is based on banking, healthcare, technology, and transportation. Charlotte has a rich history dating back to 1796 when it was founded by General James Robertson as Fort Mecklenburg. The city grew rapidly in the early 19th century due to its strategic location along the Great Lakes trade route and became an important manufacturing center. In 1852, Charlotte became the first U.S. city with over one million residents and it has since grown into one of America's most cosmopolitan cities with a diverse population and many attractions including museums, theaters, restaurants, parks and shopping districts.

Real estate in Charlotte is highly diversified with properties ranging from small apartments to large luxury homes in some of America's most prestigious neighborhoods such as Myers Park, Dilworth Park and University City. There are also many properties available for purchase or lease including single family homes, townhouses/condos/lofts as well as commercial property such as office buildings or retail stores. The median price for single family homes sold in Charlotte during 2016 was $269K while condos sold for a median price of $169K and townhouses/condos sold for a median price of $157K according to data from Zillow® .

The real estate market in Charlotte has seen steady growth over the past few years thanks to strong economic fundamentals and increasing demand from both local residents and foreign investors alike. According to Zillow®, housing prices have increased by 6% annually over the past five years while rents have increased by 4%. This strong demand has led to tight inventory levels which have resulted in bidding wars for some properties while others remain unsold despite having multiple offers submitted according to Trulia® . While there are concerns that rising prices may lead to an overheating market where prices become unsustainable later on (similar to what happened during the housing bubble), so far there does not appear to be any signs that this will happen soon given that inventory levels remain relatively low compared to historical norms according to both Zillow® and Trulia® .