Charlotte Foreclosures - Better Move Quickly

I am still amazed at how quickly Charlotte Foreclosures continue to sell. I was showing homes today in Tega Cay and one was a Foreclosure. The Tega Cay home was on the market for 13 days and my client was interested after actually seeing the home. I contacted the listing agent only to discover the bank already had 4 offers on the table and the counter offer was accepted today. It is incredible to see the interest is still here in the greater Charlotte Real Estate market. The home buyers are definitely more discriminating than the past several years.

Over the past several years we were inundated with subprime borrowers and Charlotte Real Estate Investors. This superficially inflated the condo market and starter neighborhoods. Now home investors can no longer find someone willing to risk cash for rental properties. When the risk outweighs the gain then it becomes a donation and not an investment. The donors are out of business.

Today's Charlotte Real Estate Home buyers are primarily looking for a place to call home. This is the sound fundamental economic activity that we need. The proud home owner in Charlotte can find great deals. Yes you need good credit and must be responsibly able to invest in a great home.

Charlotte fundamentals are still solid. Charlotte is still the desired destination throughout the nation. The declining cities across the nation are all too aware of this trend. Expect that they will try to downplay the desire for Charlotte Real Estate relocations. They do not want their tax payers to leave. Fortunately enough people already have friends and family in Charlotte so the media will not be their only source of misinformation.

Charlotte Real Estate remains a great option and Charlotte Foreclosures offer a great opportunity for the savvy buyer. Please understand the fundamentals of our economy prior to purchasing a Charlotte Foreclosure. Starter Neighborhoods will takes additional time to recover. An established neighborhood (older than 6 years) will recover more rapidly than a starter neighborhood constructed during the subprime give aways. The Charlotte condo market also has additional considerations before purchasing a home. Visit my Charlotte Real Estate website for additional information about Charlotte or call me directly at 704.770.6559. When is a "deal" really a "deal"?

Charlotte Neighborhoods

Southwest Charlotte Real Estate continues to grow and the Charlotte neighborhoods continue to evolve. The Charlotte Schools must continually update the school zones to accommodate the Charlotte population growth. One change for he upcoming year is the new Dixie River Rd Elementary school to open by the Berewick subdivision. In addition to the new elementary school the Berewick subdivision has been assigned to Olympic High School. The opening of the elementary school is just the beginning of the growth in the area. The commercial development of the greater Berewick community is still under way and this will simply further amplify the appeal of this prestigious Charlotte neighborhood. One of the great things of Berewick is the proximity to Lake Wylie. No Berewick is not on Lake Wylie but Lake Wylie parks and recreation is only minutes away!

Visit Homes in Southwest Charlotte Real Estate and you will be struck by the growth and know the future of Southwest Charlotte will be positive! Visit Charlotte NC Homes For Sale to learn more about the greater Charlotte Real Estate community.