Charlotte North Carolina Real Estate is Growing
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.
On May 25, 2010, defendant, Geoffrey L. Lamb dba The Lamb Group and US Consumer Solutions, entered into a Consent Judgment with the North Carolina Attorney General’s Office, General Court of Justice, Superior Court Division. In its complaint, the State alleged that the defendant was operating his business in violation of the North Carolina Debt Adjusting Act, G.S. 14-423, by charging homeowners advance fees for foreclosure assistance and mortgage loan modification services. The State’s complaint also alleged that, in the course of offering and selling his services, the defendant made deceptive representations in violation of G.S. 75-1.1. The Court entered a Temporary Restraining Order on December 2, 2009, and on December 14, 2009, the Court entered a Consent Order continuing the terms of the Temporary Restraining Order in effect as a Preliminary Injunction. The defendant represents that he has complied with the terms of the Preliminary Injunction and that he has permanently ceased marketing or offering any foreclosure assistance or mortgage loan modification services. The defendant further represents that he has minimal assets with which to pay the State’s claim and that he is in the process of filing for bankruptcy.
The defendant consents to the entry of this judgment to voluntarily resolve this matter without admission of wrongdoing or intentional violation of the law in the conduct of his business.
It is therefore ordered that the defendant and the defendant’s agents, employees, and all persons acting in concert with him are permanently enjoined from:
1. Advertising, soliciting, or offering any foreclosure relief and loan modification assistance services in the State of North Carolina, whether to North Carolina residents, or to residents of other states;
2. Entering into contracts with consumers for the performance of foreclosure relief and loan modification assistance services;
3. Collecting any advance fees or other consideration from consumers for the performance of foreclosure relief and loan modification assistance services;
4. Engaging in any other consumer credit or debt relief business in violation of G.S. 14-423 and 75-1.1; and
5. Engaging in any of the foregoing activities or practices set forth in paragraphs (1) through (4) above, whether directly or indirectly, individually, or in affiliation with any other parties.
It is further ordered that the State of North Carolina shall have and recover of the defendant the sum of forty thousand ($40,000), to be applied toward consumer restitution, consumer protection and education purposes, and to cost of this action, in the discretion of the Attorney General