Tuesday, April 24, 2007

Charlotte North Carolina Real Estate Market

The Charlotte Real Estate Market continues with strong growth. The reduced demand around the country is moving to areas in high demand such as buying Charlotte Homes for Sale. All of the counties surrounding Charlotte continue to experience rapid growth. These counties are enjoying the growth. Each county is working on controlled expansion. Yes, the infrastructure is strained and smart growth is essential. Each area has a different target market and offer something for everyone. When buying homes in Charlotte NC, keep in mind your specific situation prior to purchasing. What is your price range? Where is the best place to invest for that price range? Speak to a professional that is there to represent you. Visit http://www.FindMyCarolinaHome.com for additional information.

Sunday, April 15, 2007

Charlotte NC Real Estate New Homes

Visit Charlotte and see all of the new Charlotte Homes. New subdivisions are beginning all around our area. On example of Charlotte new homes in South Charlotte is at Ardrey Chase and Ardrey Woods. Centex and Beazer are developing some of the last South Charlotte Real Estate before entering into Union County.

In Southwest Charlotte Real Estate, the Palisades, the Sanctuary and Berewick. These communities vary in price range and offer great convenience to new shopping and uptown Charlotte.

Just east of Charlotte is Mint Hill Real Estate. There are many new neighborhoods being constructed and offer small town life with the convenience of Charlotte.

Friday, April 13, 2007

Progress in Charlotte Real Estate Development

It is absolutley incredible to see the power of the media throughout the nation. The Real Estate markets are always LOCAL. Charlotte has not skipped a beat since the supposed national down turn.

A new mega development just began just south of Ballantyne and South Charlotte. The name is Bretagne it is a development laid out on a 300 acre piece of ground. The amenities include a European clubhouse, lagoon style adult pool, a Jr. Olympic Pool, a Lazy River and so much more. This development is actually located in South Carolina so you also have the benefits of lower taxes yet minutes from all of the finest dining and shopping.

Centex just began its newest development is South Charlotte called Ardrey Chase. This all brick community is located off of Marvin road and has started with a flurry. There were 17 homes sold in the first 17 days! the land in South Charlotte is nearly all occupied! How will this impact your investment? When there is no land remaining in an area of high demand, the property values appreciate.

Before you visit, ask about our development. I understand that there are a lot of "Do It Myself" type of people relocating to Charlotte. I admire the attitude (and share the attitude). You will want assistance in your new home with a non biased experienced Realtor by your side. You can not afford a purchase that does not meet the emotional needs of your family. You will be amazed. For additional information, visit: http://www.FindMyCarolinaHome.com. I share great insight into Charlotte North Carolina Real Estate. Keep in mind this is just the beginning of your learning experience.

Thursday, April 05, 2007

Charlotte Foreclosures

Many people from across the nation are seeking foreclosure homes in Charlotte with a lot of equity. People hear about the weak housing market and hear TV shows preaching about the easy money in flipping homes. There are many things not shared on these TV shows.

First off, real estate is always local. What this means is that the market in southern California is far different than up-state New York, New Orleans or Charlotte NC. As the media preaches of the weak housing market, Charlotte homes have averaged appreciation rates of 7.9% ending in January 07. You may find it hard to believe but the media does not typically provide the whole picture. Again, Real Estate is local and the Charlotte market is unlike any other. Our population and market is still growing.

Yes, there can be opportunities in foreclosures. I personally receive at least ten people a week looking for foreclosures with equity. People fail to realize that when you are trying to purchase property in a growing market, everyone is looking for the same thing.

Are there foreclosures? Yes, of course. The Charlotte Real Estate market is similar to every other market in that each part of Charlotte is unique and is appreciating at different rates. When a home owner has financial troubles, if he has a home with equity, he will either sell his home to get the money or take out an additional loan. If he loses the home, it is because he has no equity and /or the home is in a neighborhood that has no demand (the home value is based on buyers desiring to buy a specific home in a specific location).

Yes you can buy the home that has depreciated (buyers think they are getting equity) and then discover that they have purchased a home that will not sell.

I am writing this because I can not spend the time sharing this with every inquiry. I now ignore the inquiries since I can not afford to share all of my time for free.

If you wish to purchase a home in a declining area, yes you can probably purchase the home at a discount. The Charlotte Real Estate Market is strong and you may want to try your luck in one of the depressed areas. There is more to know about a city and Homes in Charlotte than you can learn from a TV show.

Rentals in Charlotte: Real Estate in Charlotte is still reasonably priced. Buyers can purchase New Charlotte homes with almost no down payment. People relocating to Charlotte are not renters. They are home buyers. Investors want to purchase a home and rent it for a profit. BUYERS CAN BUY THERE OWN HOME AND PAY LESS MONEY BY BUYING!

Charlotte Investors may want to reconsider their strategy. Yes, our homes will still continue to appreciate. They will not appreciate too rapidly because Charlotte still has a lot of vacant land to be built. Yes, the national builders and hundreds of small builders are purchasing all buildable land to construct their Charlotte Homes. There is a huge demand for any land that is for sale. If you find inexpensive land in Charlotte, there is a reason.

Be careful out there and a wrong home purchase is a mistake that few can truly afford to make.