Pat Riley, president and COO of Allen Tate Companies was featured in an online piece on the Charlotte Observer. According to author Kerry Singe, the S&P/Case-Shiller home price index figures show six consecutive months of price gains for the U.S. housing market. Although Charlotte saw a small decline in home prices in September, Riley is optimistic. “Bottom line is home ownership is returning to the 63 percent/64 percent levels”.
The entire article can be read by clicking here.