Charlotte North Carolina Real Estate
Charlotte North Carolina Real Estate is among the nation’s strongest real estate markets. With all signs pointing towards a buyer’s market, now is the time to purchase a home. As of March 2009 Charlotte North Carolina real estate average home price is 197k at a decreased amount of 4.5 % from year to date. Don’t be discouraged by this if you are buying a home because values will go back up if you are in the market or are thinking of relocating to the South’s #1 ranked cities to move to; now would be the time to do so.
Interest Rates at Historical Lows
Interest rates are at historical lows and inventory is rather high for the Charlotte North Carolina Real Estate Market. The popular hot spots in Charlotte are Myers Park, Dilworth, Fourth Ward, Elizabeth, and Freedom Park. These areas have seen significant depreciation but that is good because if you can get into any of these areas you will be sitting very nicely once our little economic hiccup is thru. First time home buyers in Charlotte make up for 41% of the buyer pool which is a very positive sign for a growing economy which I truly believe this area is in. Yes of course the nation is feeling the pinch and even Charlotte North Carolina Real Estate has too but these are times for a growing area to speed full ahead and really take advantage of good home values and fantastic buys.
Charlotte Real Estate Offers Entertainment
Keep in mind that Charlotte North Carolina is one of the south’s newest and upcoming cities that there is more and more to do here on a daily basis. The downtown area has been growing and with the new Epicenter, which is the new thriving hotspot of the “uptown” area you should find plenty of shopping and restaurant to accommodate your appetite for a fun. Not to mention the construction of several new condo/mix use high rises and hotels, Charlotte is really becoming a city to visit and live in. I like to think of it as the upcoming Denver or Houston of the southeast.
Great Reveiw on your Charlotte Area. My mom is in Moorsville so I try and keep up with that area. Thanks and Ill be back.