Tuesday, February 26, 2008

Homes in Charlotte

Homes in Charlotte continue to sell and the climate is a huge factor. February is the time of year when the largest contrast is noted. The northeastern US is in the middle of winter and Charlotte is into spring. Charlotte real estate is in full bloom with trees flowering and flowers blooming. The contrast is so stark that it is hard to imagine that we are only a few hundred miles south.

The best deals continue to be builder inventory but the deals are about to end. In the Charlotte Real Estate market, this is the time of year that builders would be going full steam ahead. The objective was to have as many inventory homes completed in spring as possible. Reason?

Many people relocating to Charlotte wanted new homes but did not have 4 months to wait for a new home to be built. Builders would have an inventory of new Charlotte homes prepared for those buyers. Due to the past several months of buyers financing difficulties, the builders are not building "spec homes". The only Charlotte Homes available for "quick move in" will be on homes where financing falls through.

What does this mean for you? There are still some great deals available to the person with good credit. I received a call from Wachovia this week stating they do have a loan program for 100% financing with a credit score of 620. This is one of the few programs still remaining with this credit score. "IF" you fit this criteria and are assured you can make your payments, then I would recommend that you do not purchase a "to be built" home expecting this program to last.

The cause of the crisis was the government loosening up on the financial criteria for a loan. The pendulum will swing back to a more stable area. I do not suspect the home buying criteria to be as stringent as back in the 90's but is will settle somewhere in between.

Ultimately, Charlotte is still a great place to own a home and a great place live. Visit Charlotte Homes For Sale for more in depth analysis of the greater Charlotte region including Ballantyne Homes for Sale, Fort Mill Real Estate, Matthews Homes for Sale, Tega Cay Homes for Sale to Kannapolis Real Estate.

Friday, February 08, 2008

Commercial Real Estate in North Carolina

How do you gage an economy? A good means to gage the Charlotte North Carolina Real Estate market is to study the commercial real estate. Charlotte Real Estate is growing at an exponential rate as noted in the time frame and distanaces between various commercial developments. Take a look at South Charlotte Real Estate. The growht began 15 years ago at the Arboretum Shopping center. Seven years later, the Promenade opened 4 miles down the road. In the past 5 to seven years the Real Estate in South Charlotte is growing at a phenomianl rate. Trader jacks opened on Rea rd at Piper Glen. Two miles down the road is Stone Crest at Piper Glen with Target and a wide variety of affluent shoping opportunities. Two miles to the west is Ballantyne and two miles further west is the Carolina Place Mall. Travel south on Rea rd and in two miles you find the Blakeney shops. This is at the intersection of Ardrey Kell and Rea Rd. In the past 2 years the northwest and southwest corners of the intersection are near completion. The southeast corner has a new Charlotte Apartment subdivision that is due to open. The northeast corner of this intersection is now being developed for additional commercial Charlotte Real Estate.

There is a another new commercial Real Estate development 2 miles west on Ardrey Kell that began opening in 2008. There is a new Peak Fitness Center, an activity center, a Charlotte Recreational Park, a Harris Teeter, a new Elementary School in addition to many other stores and shops.

This is a great gage for the Charlotte North Carolina Real Estate economy. Charlotte Homes continue to thrive and the demand for Charlotte Real Estate wins the popularity nation wide. Hold on tight because Charlotte Real Estate will grow and continue being the location of choice.

Wednesday, January 30, 2008

Fort Mill Real Estate

Fort Mill Real Estate continues to expand and provide national appeal. Freightliner is in process of relocating positions to Fort Mill Real Estate from Oregon. The greater Charlotte North Carolina Real Estate Market remains firm due to the attraction of diverse businesses and affordable homes in Charlotte North Carolina. Fort Mill home for Sale enjoy a town with an outstanding reputation for accademic excellence. Theere is also resonably convenient shopping at the Carolina Place Mall in Pineville. This is just a short drive from homes in Fort Mill. As Fort Mill SC Real Estate expands, shopping will follow.

Fort Mill Real Estate is only ten miles from downtown Charlotte and you can still enjoy the benefits of living in the city as a great alternative to Charlotte NC Real Estate.

Visit: Charlotte North Carolina Real Estate to learn more about our areas and our growth.

Sunday, January 27, 2008

South Charlotte Real Estate

As the rest of the nation is experiencing a Real Estate melt down, Charlotte NC Real Estate continues to flourish. As you explore our expanding areas, you owe it to yourself to visit South Charlotte Real Estate. What is considered South Charlotte Real Estate?

South Charlotte is basically the entire pie shaped corridor from uptown Charlotte to the end of Mecklenburg County (Charlotte Real Estate is in Mecklenburg County). The areas just south of town are Dilworth and Myers Park. The Myers Park Real Estate has always been very affluent and prestigious. It is known for its wide winding roads and large tree canopies. Dilworth has been recently renovated and the homes in Dilworth maintain a great value.

Further South you enter into Southpark Real Estate. This is an older area that has gained a lot of value over the past 15 years. There are many white collar corporate offices within Southpark and this has influenced the trends of Southpark homes. In addition to the Southpark corporate offices, Southpark Real Estate also enjoys the upscale Southpark Mall.

As you continue your southward trend you discover Carmel Country Club, Piper Glen and then Ballantyne. The greater Ballantyne Real Estate area has basically extended to the southern border on Charlotte and Mecklenburg County.  Each of these areas offer golfing, shopping and affluence to impress the most successful among us. South Charlotte has expanded well beyond the confines of these larger neighborhoods and the prosperity reigns throughout the southern corridor. Travel Ardrey Kell rd and you will fell the growth first hand. The shopping center at Rea and Ardrey Kell is almost a year old and now a newer shopping area is due to open this year at Johnston and Ardrey Kell. On the south side of Ardrey Kell (between Johnston and Marvin rds) has a new Peak Fitness Center, the 521 Recreational Complex and a new Elementary School will be opening in 08.

The cause of the national Real Estate decline is also being driven from people relocating to Charlotte Real Estate. Come see for yourself.

Thursday, January 24, 2008

Charlotte North Carolina Real Estate Growth

What are the job opportunities in Charlotte? Charlotte Real Estate has a diverse economy but there are several large players within the Charlotte North Carolina Real Estate Community. First and foremost is banking. Charlotte is the 2nd largest banking community in the entire USA! Follow the money! Both Wachovia and Bank of America are headquartered in Charlotte. Wachovia is buying out Countrywide Mortgage which will further strengthen Charlotte Real Estate in the global economy.

Lowes Motor Speedway and Nascar provide a lot of economic power to our region. Charlotte Real Estate is enhanced by the Nascar race teams that surround our area which includes the popular Concord NC Real Estate area.

Kannapolis Real Estate is changing dramatically due to the new high tech bio research park being developed. This research park will employ thousands of people and turn this blue collar town into a thriving white collar community. The research park will open in 2008. The time to purchase Kannapolis Real Estate and Kannapolis land is now!

Charlotte North Carolina Real Estate has something to offer everyone. Visit Charlotte North Carolina Real Estate to learn more about our great and growing area.

Thursday, January 10, 2008

Kannapolis Real Estate

Most people have gotten the word that just northeast of Charlotte North Carolina Real Estate will be the Kannapolis Bio-tech Research Park. This state of the are scientific development center will be in Cabarrus County in the city of Kannapolis. Kannapolis was a small mill town with the Pillowtex Textile mill. That closed down a few years ago and Kannapolis would have fallen on hard economic times. Fortunately, Kannapolis is just 35 minutes to Charlotte and Robert Murdock moved in an made the Kannapolis Real Estate disaster into a huge gain. Kannapolis Real Estate consisted of many nice small "cottage style" homes throughout this working class city.

Now enter the Bio-Tech Research park. This sleepy little mill town will quickly transform into a white collar town with a projected 30,000 jobs for the research park. Now expand this to all of the supporting shops and restaurants! There are very few high end real estate developments close by but one is Wellington Estates. Wellington Estates is just 5 miles from the research park with custom brick homes. This is just the tip of the iceberg in the area. The time to buy up Kannapolis property is passing you by.

Thursday, January 03, 2008

Charlotte Homes For Sale

How is the Charlotte Real Estate economy? It is still doing very well. The holiday season has just passed and things are continuing strong. Charlotte North Carolina Real Estate values appreciated 4% last year while the vast majority of the country lost money. Our resale homes are still selling for about 97% of the list price and it is still a good buy.

Visit Charlotte NC Real Estate to learn more about the greater Charlotte Real Estate Listings.