What does the future have in store for Charlotte Real Estate? Ultimately, Charlotte homes will continue to expand and the demand for Charlotte property will grow outward. How can I say this? Follow the money.
Charlotte Real Estate is surrounded by solid economics, geography and weather. Charlotte Real Estate is close enough to the ocean to have a nice weekend at the beach and Charlotte homes are close enough to the mountains to enjoy the a weekend retreat. So what else?
Bank of America and Wachovia have their headquarters in Charlotte NC. Follow the money. Take a tour to uptown Charlotte and you will be astounded at the astonishing growth of home in uptown Charlotte. There is new construction everywhere and the skyline is filled with construction cranes are lined with cranes. Yes, Charlotte is not a large city today; watch closely and you will see Charlotte Real Estate transform before your eyes.
Why Charlotte? The baby boomers in the north east were all dreaming of their Florida retirement. The bad hurricane season has forever altered the picture. Taxes, HOA and Insurance sky rocketed and extinguished their hyper inflated market. Charlotte will rarely experience a hurricane (one did make landfall in 1989) since it is several hours inland. Since Charlotte Real Estate is safe from these natural disasters, Charlotte homes will be the preferred destination of the baby boomers.
Location: Charlotte Real Estate also provides access to the north east in a days drive. If there is a family event in New York, you can always drive there in a day (unlike Florida).
Transportation: Charlotte Real Estate has the luxury of Charlotte Douglas International airport and the US Airways hub. There are hundreds of direct flights out of Charlotte every day. This supports the Charlotte Real Estate market and further enhances your life style.
Charlotte has a professional football team, a professional basketball team, a white water center, racing and so much more. What are you waiting for? Pack your bags and lets find your new home.
Visit Charlotte Real Estate to learn more about Charlotte and our great Charlotte Suburbs.
Sunday, May 04, 2008
Tuesday, April 29, 2008
The Demand For Charlotte Real Estate: Boom or Bust?
Many home owners across the nation are nervous about purchasing a new Charlotte Home. They are paranoid that Charlotte Real Estate will follow the rest of the nation and values will fall. There are many very simple economic facts that determine Real Estate Value and Real Estate demand. After the hurricanes hit Florida, the Florida Real Estate market began to fall. Florida had sound economics; baby boomers were just beginning to retire, taxes were reasonable and the north east retirees were buying. After the Hurricanes, taxes, Home Owners Association dues and insurance more than doubled. This has crippled the Florida Home Values and this will not recover. The government (taxes), the HOA and Insurance Companies lost big as a result of the Hurricanes. Can any business afford to set themselves up for a loss like that again? If they do, they will be out of business. Invest your money in Charlotte Real Estate.
The baby boomers are now seeking Charlotte Real Estate from the Northeast, Florida and out west. The areas around the nation loosing population will continue losing home values and Charlotte NC Real Estate will continue to flourish. The best time to purchase a Charlotte Homes is now before the appreciation picks back up. Will the Charlotte demand continue? Hmmm? Will the northeast still have winter? Will Florida still get blazing hot and humid summers? That should answer the question. Visit Charlotte Real Estate and Charlotte Homes for Sale to gain additional insight into the Charlotte Real Estate market and to view all of the current Charlotte Real Estate Listings.
The baby boomers are now seeking Charlotte Real Estate from the Northeast, Florida and out west. The areas around the nation loosing population will continue losing home values and Charlotte NC Real Estate will continue to flourish. The best time to purchase a Charlotte Homes is now before the appreciation picks back up. Will the Charlotte demand continue? Hmmm? Will the northeast still have winter? Will Florida still get blazing hot and humid summers? That should answer the question. Visit Charlotte Real Estate and Charlotte Homes for Sale to gain additional insight into the Charlotte Real Estate market and to view all of the current Charlotte Real Estate Listings.
Sunday, April 20, 2008
Charlotte Real Estate Market
Charlotte Real Estate: Is now the time to buy? Many people are still wondering if they should relocate with Charlotte Real Estate and if they can get a good deal on Charlotte Homes. Real Estate prices are based on demand. Houses in Charlotte still have strong demand and Charlotte Real Estate continue to sell. The market has slowed since the "high risk" loans began going into default. Can you purchase some Charlotte Homes for less than they sold 2 years ago? The answer is yes if you buy in an area of weak demand. The problem with your Charlotte home purchase will be that the Charlotte Real Estate in this neighborhood has weak demand for a reason. The media then accelerated the Real Estate crisis by blowing it out of proportion. This has hurt the entire nation since it has made secure home buyers nervous.
A wise investor purchases a home in a secure area, with stable Real Estate factors and positive "known" factors that dictate the likely appreciation of your new Charlotte Real Estate. How are the schools? How are the schools trending? Is this a trend you desire? How about local construction? What local construction aids your Charlotte home value and what harms your Charlotte Real Estate Investment? As your Charlotte Re/Max Agent, I look out for you and your family.
A wise investor purchases a home in a secure area, with stable Real Estate factors and positive "known" factors that dictate the likely appreciation of your new Charlotte Real Estate. How are the schools? How are the schools trending? Is this a trend you desire? How about local construction? What local construction aids your Charlotte home value and what harms your Charlotte Real Estate Investment? As your Charlotte Re/Max Agent, I look out for you and your family.
Saturday, April 12, 2008
Homes in Charlotte Suburbs
What are Charlotte suburbs and how do they compare. There is a lot of misinformation about Charlotte Real Estate and the true Charlotte suburbs. First you must realize that all of Charlotte and Mecklenburg County attends the same schools. There are no suburb schools in Mecklenburg County. This includes Cornelius, Davidson, Huntersville, Matthews, Pineville and Mint Hill; they all attend the CMS (Charlotte Mecklenburg Schools). The schools system does vary around the city but CMS has done a good job at balancing/districting the schools to add balance.
Many consider suburbs to be the schools outside of CMS control. There are many surrounding counties that provide a wide array of options. Union County is to the South and Southeast of Charlotte and Union County Schools have a very good academic record. Visit Weddington Real Estate, Marvin Real Estate, Wesley Chapel Real Estate and Waxhaw Real Estate to gain a better understanding of Union County Homes.
Cabarrus County is to the North/Northeast of Charlotte Real Estate and some of the homes are in Concord Real Estate, Harrisburg Real Estate and Kannapolis Real Estate.
The South/Southwest of Charlotte is South Carolina with Lancaster County Homes for Sale and York County. Visit Fort Mill Real Estate, Tega Cay Real Estate and Indianland to get a feel for South Carolina Real Estate.
These are just a few options and I hope this helps. For additional information visit:
Charlotte Real Estate
Charlotte Homes for Sale
Many consider suburbs to be the schools outside of CMS control. There are many surrounding counties that provide a wide array of options. Union County is to the South and Southeast of Charlotte and Union County Schools have a very good academic record. Visit Weddington Real Estate, Marvin Real Estate, Wesley Chapel Real Estate and Waxhaw Real Estate to gain a better understanding of Union County Homes.
Cabarrus County is to the North/Northeast of Charlotte Real Estate and some of the homes are in Concord Real Estate, Harrisburg Real Estate and Kannapolis Real Estate.
The South/Southwest of Charlotte is South Carolina with Lancaster County Homes for Sale and York County. Visit Fort Mill Real Estate, Tega Cay Real Estate and Indianland to get a feel for South Carolina Real Estate.
These are just a few options and I hope this helps. For additional information visit:
Charlotte Real Estate
Charlotte Homes for Sale
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.
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.
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.
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.
Subscribe to:
Posts (Atom)