2008 November Archives
Charlotte NC Neighborhoods - Olde Providence Real Estate Market 11.28.08
November 28, 2008
Charlotte NC’s Olde Providence neighborhood currently has 9 available real estate listings for sale as of November 28, 2008. Based on the past 6 months of closed real estate listings, there is a 6.8 month supply of homes for sale in the Olde Providence neighborhood in Charlotte NC. List prices for available Olde Providence homes for sale ranges from $235,900-$325,000. The majority of currently available homes for sale in Olde Providence are listed between $235,900-$249,999. Olde... Read more →
Happy Thanksgiving!!!
November 26, 2008
Wishing you a safe, peaceful and relaxing Thanksgiving holiday this year! Whether you’re celebrating the holiday at your Charlotte NC home or travelling to visit family, we hope this Thanksgiving is full of love, laughter and celebration. Happy Thanksgiving!!! Read More →
Charlotte NC Neighborhoods - Madison Park Real Estate Market Report 11.26.08
November 26, 2008
There are currently 38 available homes for sale in the Madison Park neighborhood in Charlotte NC. Based on current Madison Park real estate inventory levels, there is a 6.9 month supply of homes on the market right now which is weighted slightly in favor of Charlotte NC real estate buyers. The 6.9 month supply of real estate for sale in Madison Park reflects the pace of closed real estate listings for the past six months in Madison Park. The majority of currently available homes for... Read more →
What To Do Before Buying Charlotte NC Real Estate
November 25, 2008
Before buying real estate in Charlotte NC, start with a solid foundation. - Know what your credit history is saying about you. http://www.annualcreditreport.com is the official site to obtain copies of your credit report once a year. Know what’s showing up as your history and current debts. Lenders will see it so it makes sense for you to see it too and have the chance to correct any mistakes before applying for a mortgage. - Evaluate your spending style. Are you earning more than you... Read more →
5 Signs Now Is Not The Right Time For You To Buy Real Estate In Charlotte NC
November 24, 2008
5 signs now isn’t the right time for you to buy real estate in Charlotte NC: 1. You had a foreclosure or bankruptcy recently….need I say more?!?! 2. You’re in credit counseling or a debt management program. Educating yourself about how to appropriately use and manage credit/debt is fine but if you’re in such a program now you haven’t mastered that skill and should NOT be taking on homeownerhip right now! 3. You have no money saved and pay for monthly bills with... Read more →
Keys At The Closing Table - Not Necessarily
November 22, 2008
When buying real estate in Charlotte NC, a common question is when the buyers will be given the keys to the property. Buyers don’t necessarily get the keys to Charlotte NC real estate at the closing table. In NC, a Charlotte NC real estate purchase isn’t officially “closed” until the deed has been recorded with Mecklenburg County. So while buyers and sellers sign documents (usually at an attorney’s office) at a closing table, that purchase doesn’t become... Read more →
Charlotte NC Neighborhoods - Beverly Woods Real Estate Market 11.21.08
November 21, 2008
The Beverly Woods neighborhood real estate market currently has a 9.3 month supply of homes for sale. This has increased over the past two weeks due to a lack of absorption with currently available homes. There are 17 active listings in Charlotte NC’s Beverly Woods neighborhood with price ranges below $399,999 having the majority of available Charlotte NC real estate in Beverly Woods. Beverly Woods Market Report 11.21.08 List Price Range Number of Active Listings Number Of Pending... Read more →
What Is A “Comparable” In Charlotte NC Real Estate?
November 20, 2008
What is a “comparable” in Charlotte NC real estate? Comparable real estate sales are the basis for determining realistic market value. Real estate market value for Charlotte NC homes is set by what buyers would realistically be willing to pay for a house. Recent comparable sales are the indicators of what buyers are willing to pay but not every recent sale in your neighborhood is a valid comparable. Comparable sales for your house are: -Similar in style, A ranch cannot... Read more →
Don’t Fall In Love With A View You Won’t Own
November 19, 2008
When buying real estate in Charlotte NC, don’t fall in love with a view you won’t own. The property that borders any home you’re considering is most definitely a consideration. Even if it’s wooded, vacant and providing privacy right now there’s no guarantee it will stay that way in the future. While this is especially a consideration for newer neighborhoods that can border a large undeveloped property, even in some older established areas it’s still... Read more →
Charlotte NC Neighborhoods - Cameron Wood Real Estate Market 11.18.08
November 18, 2008
Charlotte NC’s Cameron Wood neighborhood has 18 homes for sale right now and 4 homes under contract. The prices of available real estate listings range from $213,655-$449,900. Over the past two weeks, available Charlotte NC homes for sale in Cameron Wood have decreased due to withdrawn and under contract listings outpacing new listings. Based on the current real estate inventory, Charlotte NC’s Cameron Wood neighborhood has a 5.4 month supply of homes for sale and continues... Read more →
