Bankers: Carolinas Housing in “Excellent” Shape


The residential real estate market could be stabilizing, with pockets of the country starting to see home prices appreciate, according to executives with Wells Fargo Home Mortgage.

Conditions in the Carolinas’ housing market, meanwhile, are “excellent” and “very solid,” they also said.

Around 100 local Realtors gathered at Regal Cinemas Stonecrest Thursday to listen to Wells Fargo executives talk about the housing market and ways they could improve business in 2012. The event, called CineMeeting, was broadcast in real time to 100 movie theaters across the country. The goal of the event, the bank’s fifth annual telecast, is to educate and inspire agents, organizers said.

The Observer also spoke with two bankers before the presentation to get their feel for the regional and local markets.


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