Providence Downs South of Marvin provide an ideal custom home community in the greater Charlotte Real Estate region! Providence South is the ideal model home community!
Custom builders in the greater Charlotte area all wanted to show their talents in Providence Downs South. Search the current listings in Providence Downs South!
Discover luxury living in Union County just south of Ballantyne and South Charlotte! You will be pleased you decided upon Providence Downs South for you and your family.
Monday, January 21, 2013
Saturday, January 05, 2013
South Charlotte Homes for Sale
South Charlotte Real Estate is one of the most popular placed to call home within the greater Charlotte Real Estate market! So what is the breakdown of South Charlotte Homes for Sale? Southern section of Charlotte consists of the Myers Park region, the Southpark area, the Providence area and finally the Ballantyne area.
Each area in South Charlotte has various appeals. The Myers Park area is an older more established area of Charlotte. The Myers Park Schools have an outstanding reputation for high academic standards and Myers Park is very convenient to uptown Charlotte.
The Southpark area is centered around the Southpark Mall. Southpark has evolved into an employment center with an abundance of Corporate offices.
The Providence Area is south/southeast of Southpark. The Providence area is basically focused around the Providence High School area of CMS Schools. The Providence area is primarily a residential area but does cross over hwy 51 east of Providence Rd.
The Ballantyne area is basically the area of South Charlotte south of I-485, east of Pineville and west of Providence rd all the way to the Union County border to the south. Ballantyne began as a subdivision in a hunting preserve and has now become a thriving community that has transformed the very rural southern border of Charlotte into a thriving Country Club life style! South Charlotte Houses for sale will be the best purchase of your life!
South Charlotte Homes for sale will remain one of our most popular Charlotte Real Estate addresses. A place you will be proud to call home!
Each area in South Charlotte has various appeals. The Myers Park area is an older more established area of Charlotte. The Myers Park Schools have an outstanding reputation for high academic standards and Myers Park is very convenient to uptown Charlotte.
The Southpark area is centered around the Southpark Mall. Southpark has evolved into an employment center with an abundance of Corporate offices.
The Providence Area is south/southeast of Southpark. The Providence area is basically focused around the Providence High School area of CMS Schools. The Providence area is primarily a residential area but does cross over hwy 51 east of Providence Rd.
The Ballantyne area is basically the area of South Charlotte south of I-485, east of Pineville and west of Providence rd all the way to the Union County border to the south. Ballantyne began as a subdivision in a hunting preserve and has now become a thriving community that has transformed the very rural southern border of Charlotte into a thriving Country Club life style! South Charlotte Houses for sale will be the best purchase of your life!
South Charlotte Homes for sale will remain one of our most popular Charlotte Real Estate addresses. A place you will be proud to call home!
Charlotte Foreclosure Real Estate 2012
As we consider how the greater Charlotte Real Estate market performed for 2012 there are many factors to consider. In this particular Blog Post I am gong to focus strictly on Charlotte Foreclosures. I compare single family homes that were sold by banks, HUD, Fannie, Mae, Freddie Mac and the VA in the Carolina MLS which is Charlotte NC and all of our surrounding Counties.
First let's compare Charlotte Foreclosures sold in 2012 compared to 2010 and 2011. I think the easiest way to get a feel is as a percentage of our overall market sales. The Foreclosure Homes sold in the greater Charlotte region has been trending downward. In 2010, foreclosures consumed 28% of our single family home sales; in 2011 it was 23% and in 2012 it was 22%.
Statistically there was not much of a change from 2011 to 2012 but it is trending downward. So what does this mean to you? As the foreclosures continue to decline, the overall market values will increase (less discounted homes). I have also noted a recent trend in foreclosure listings. Many foreclosure listings are being listed at above market value when they are first coming on the market! This is odd but technically makes good sense from the seller's perspective. As the foreclosure price is slowly reduced, the seller is assured they obtained the highest possible value. This does technically help everyone and the economy as a whole.
I follow Charlotte Foreclosure Homes for Sale and document monthly the trends. I noticed that in 2012 that in January foreclosures consisted on 28% of the sales and in December it was only 22%. This is a dramatic reduction! The trend for the year is downward.
What does this mean for 2013? The presidential election is over, health care is law and taxes are now known. Business can now make intelligent decisions on hiring. This is going to be a huge factor in our economy and definitely dictate the trend. The recent trends are positive for home appreciation and interest rates are still very low. "If" you are in a position to purchase a home, now is the time. Charlotte Homes for Sale remain a great opportunity. We have a great climate, conveniently located to the beach and mountains and a vibrant business community. Welcome to Charlotte NC!
First let's compare Charlotte Foreclosures sold in 2012 compared to 2010 and 2011. I think the easiest way to get a feel is as a percentage of our overall market sales. The Foreclosure Homes sold in the greater Charlotte region has been trending downward. In 2010, foreclosures consumed 28% of our single family home sales; in 2011 it was 23% and in 2012 it was 22%.
Statistically there was not much of a change from 2011 to 2012 but it is trending downward. So what does this mean to you? As the foreclosures continue to decline, the overall market values will increase (less discounted homes). I have also noted a recent trend in foreclosure listings. Many foreclosure listings are being listed at above market value when they are first coming on the market! This is odd but technically makes good sense from the seller's perspective. As the foreclosure price is slowly reduced, the seller is assured they obtained the highest possible value. This does technically help everyone and the economy as a whole.
I follow Charlotte Foreclosure Homes for Sale and document monthly the trends. I noticed that in 2012 that in January foreclosures consisted on 28% of the sales and in December it was only 22%. This is a dramatic reduction! The trend for the year is downward.
What does this mean for 2013? The presidential election is over, health care is law and taxes are now known. Business can now make intelligent decisions on hiring. This is going to be a huge factor in our economy and definitely dictate the trend. The recent trends are positive for home appreciation and interest rates are still very low. "If" you are in a position to purchase a home, now is the time. Charlotte Homes for Sale remain a great opportunity. We have a great climate, conveniently located to the beach and mountains and a vibrant business community. Welcome to Charlotte NC!
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