Yea, but I think the Charlotte market really never got inflated like other markets did, and that is what is helping it stay strong (and grow!). I mean, look at how house prices just SKYROCKETED in areas like DC and the northeast, among other areas. Houses that were $150,000 in say 1995 were selling for close to $750,000 last year! And this was normal! Things were getting completely out of control, and the market is correcting itself in those areas. I really don't think the market in Charlotte even needed correrction, housing here is still dirt cheap when compared to other areas. I mean finding a 1-2 bedroom condo for $250,000 in a city center the size of Charlotte's is almost unheard of in many other parts of the country.