Charlotte - North Carolina
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North Carolinas Economy Continues To Improve In 2012
North Carolina?s economy is expected to grow 1.7 percent in 2012 which is a stronger growth rate of 1.3 percent in 2011. Here are nine of the state?s fifteen economic sectors that are expected to grow in 2012. The strongest sectors are professional services, with a projected real increase of 5.4 percent; finance, insurance and [...]
Promising signs of an improving housing market ? will take time
Despite some pessimism pertaining to the global and domestic economies, the U.S. housing sector continues to show promising signs of stability and growth. Low levels of new home construction and gaining sales volume fueled by an inventory of affordable housing since Richard Nixon was president have reduced the number of homes on the market. This [...]
Freddie Mac Announces Lowest Mortgage Rates since 1950!!
The average rate on a 30-year fixed mortgage has fallen below 4 percent for the first time in history. For the lucky few with good jobs and stable finances, it’s a rare opportunity to save potentially thousands of dollars each year. This morning, Freddie Mac said the rate on the 30-year fixed mortgage fell to [...]
Home Sales Up In Charlotte NC
Home sales are up in Charlotte NC. We’ve seen a trend since the firs of the year with more homes coming onto the market and more buyers buying them. Though the number of active listings still greatly out numbers the number of buyers, buyer confidence appears to be coming back. Jobs in Charlotte appear to [...]
Let It Rain!
Who says we’re in a recession? Who says that the real estate market is in a slump? There’s a very good inventory of homes out there. It’s been raining inventory for the last two years! We just need to get buyers to understand that home prices are at there best…so are [...]
Don?t Put Your Nose In The Media!
So far this year, I have $2.5 million of real estate under contract to close and $1.2 million of listing inventory. I attribute this to simply keeping my nose out of the media. The good news is that we’re not hearing as much doom and gloom as we have been over the last [...]
Optimistic About An Improved Housing Economy For 2011
I’m simply an optimist. I think that’s part of what has helped propel me through these last three years of a down-turned real estate market. In times like this, I get excited. That’s because I’ve been pleased with the amount of business there is out there for the real estate professionals that [...]
Charlotte, NC ? Best Place To Shop!
According to Forbes, Charlotte, NC ranks right up there with one of the best places to shop in the Country. Out of the 25 topped ranked cities, Charlotte comes in at #11! When it comes to shopping for real estate or shopping at the mall, everyone has their own style. Some of us are [...]
2010 Charlotte Real Estate ? Year In Review
Well we’ve survived three years straight in a row of a depressed real estate market. I’m an optimist though. I look at this time as a great opportunity to buy homes. We hit a historic low with interest rates. The best rate one of my buyer clients got this year was [...]
Interest rates are on the rise!
For all of you prospective home buyers out there, if you haven’t been watching, mortgage interest rates starting going up last week. Just seven days ago, they jumped from the low 4% range to 4.67%. Today they’re sitting at 4.97%. Rates are expected to make a couple of more sizable leaps this [...]
