Le Lézard
Classified in: Business
Subject: PDT

We Buy Houses Charlotte LLC opens for business in Charlotte


CHARLOTTE, N.C., Oct. 24, 2020 /PRNewswire-PRWeb/ -- 17 year Veteran Homebuyer Lou Gimbutis is proud to announce the launch of a new business, We Buy Houses Charlotte LLC!

"After moving to NC to escape Michigan's horrible real estate market in 2007," says company founder Lou Gimbutis, "We settled in Statesville NC, and have been primarily buying houses in Iredell County, with occasional purchases in Charlotte itself and surrounding areas."

Moving the company to the Greater Charlotte area in 2007 was a big decision, with a lot of research behind it.

We asked Lou what some of the factors he considered were, and here is his response:

"I limited it to the Eastern portion of the country, so as not to be incredibly far away from family. Beyond that a blank slate sat before me, upon which I began writing the criterion which would make for an optimal long-term growth market. Here were the most important factors:

1.    Local economic strength- Michigan had demonstrated with brutal clarity the effect of having all of your economic "eggs in one basket". Therefore, I sought an area that would not topple if the winds of change blew a contraction or collapse in one or two industries. Charlotte qualified strongly on that point.

2.    Growth potential- At the time I reviewed the numbers, Charlotte's housing stock was considered undervalued compared to other major metropolitan areas across the country. In other words, if you wanted to move to (or relocate your company to) a big city, you could buy a lot more house for your money in Charlotte.

3.    Average days of sunshine- Statisticians track everything, don't they? When trying to project future growth, I did not take lightly the fact that most people prefer bright blue sunny skies to their gray, overcast brethren. Charlotte sat very high on the list.

4.    Proximity of various recreational activities- Charlotte is only hours from the beaches of the Atlantic Ocean, but moving in the other direction, mere hours from the Blue Ridge Mountains. This results in a staggering variety of scenery, as well as convenient proximity to both winter sports such as skiing, and a long summer season of watersports.

There were of course many other factors, but the resultant decision, which I have yet to come to regret, is that Charlotte is the solid choice for sustained short and long-term growth."

With the launch of We Buy Houses Charlotte LLC, Lou will be able to better focus on buying houses for cash in Charlotte proper, instead of primarily in the surrounding areas.

 

SOURCE We Buy Houses Charlotte LLC


These press releases may also interest you

at 10:12
NerdsToGo®, a leading information technology (IT) solutions and technology repair services franchise for both business and home, announced today plans for its strategic expansion throughout the greater Chicago area with 20 new territories available...

at 10:10
The group division of Ameritas proudly announces its 17th consecutive certification as a BenchmarkPortal Center of Excellence, solidifying its position as a leader in customer service and support excellence. This prestigious recognition for 2023...

at 10:00
Frost & Sullivan recently researched the customer experience outsourcing services industry and, based on its findings, recognizes AeC with the 2023 Company of the Year Award. AeC is connecting technology with outstanding customer service to increase...

at 10:00
Seniors Helping Seniors® in-home care services, a franchisor with over 125 franchise partners and more than 200 territories nationwide, has grown rapidly in recent years by building a workforce of talented caregivers who create meaningful...

at 10:00
PKF Clear Thinking, the award-winning business advisory firm and subsidiary of PKF O'Connor Davies, one of the nation's largest accounting, tax and advisory practices, is proud to announce that it has been awarded the "Section 363 Sale of the Year...

at 10:00
PLACE, the industry's only all-in-one platform for top teams at any brokerage, has announced that Spring Bengtzen and Utah Life Real Estate Group are now powered by PLACE. PLACE improves profitability and production to make running a real estate...



News published on and distributed by: