What is the state of Charlotte Real Estate investments and how is the market activity? Wachovia created quite a scare but fortunately Wells Fargo will be ideal for the greater Charlotte market.
We also continue to see the Kannapolis Bio Tech Research park expand its operations and this will continue t support the North Charlotte market including Cabarrus County, Concord and Kannapolis Real Estate.
South Carolina continues to grow as the infrastructure expands to support the ever growing demand. Take a drive down Hwy 521 from Ballantyne Homes for Sale and you will readily see what I am referring.
The real estate market has definitely slowed from 2 years ago but the prices remain stable. Homes merely stay on the market longer. Charlotte home owners are not ready to give away their homes. Yes, our demand comes from all across this great nation and the demand is still there. The difficulty remains with current home owners being unable to sell there homes so that they can come and enjoy Charlotte.
Ultimately the people will sell their homes and we will welcome them to our community. Charlotte remains strong and we continue to diversify our economy. Visit Charlotte Real Estate for additional information on all f our great areas to call home.
Showing posts with label Charlotte Homes. Show all posts
Showing posts with label Charlotte Homes. Show all posts
Sunday, November 09, 2008
Wednesday, March 26, 2008
Charlotte Economic Health
Many people across the country are nervous about the economy and pausing prior to purchasing their next Charlotte home. The nation is in the midst of a housing slump. According to the latest figures, Charlotte Homes is the only major city that actually appreciated over the past 12 months. So has Charlotte Real Estate been impacted?
Yes, Charlotte has been impacted. Since the government pushed for lenders to ease lending requirements, millions of home buyers were welcomed into home ownership. This worked great in theory but many of the high risk (AKA Sub Prime Loans) were exactly that-High Risk. The High Risk Loans are placing a huge strain on many new home owners. This is known as unintended consequences that frequently occur when proven cautions are over ridden.
The public will be better served if the government spends the energy in educational classes for home owners and credit repair/credit building. You can not build a new home on an ill prepared foundation. Nor can you push home ownership without an equally strong foundation.
Ultimately, tens of thousands of people are relocating to Charlotte. The goals and dreams of our citizens have not changed. The quality of life in Charlotte is tremendous. Houses in Charlotte are still appreciating and we welcome you into our town and wish you the best for your Charlotte Real Estate objectives.
Visit Charlotte Homes to learn more about our area.
Yes, Charlotte has been impacted. Since the government pushed for lenders to ease lending requirements, millions of home buyers were welcomed into home ownership. This worked great in theory but many of the high risk (AKA Sub Prime Loans) were exactly that-High Risk. The High Risk Loans are placing a huge strain on many new home owners. This is known as unintended consequences that frequently occur when proven cautions are over ridden.
The public will be better served if the government spends the energy in educational classes for home owners and credit repair/credit building. You can not build a new home on an ill prepared foundation. Nor can you push home ownership without an equally strong foundation.
Ultimately, tens of thousands of people are relocating to Charlotte. The goals and dreams of our citizens have not changed. The quality of life in Charlotte is tremendous. Houses in Charlotte are still appreciating and we welcome you into our town and wish you the best for your Charlotte Real Estate objectives.
Visit Charlotte Homes to learn more about our area.
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