Cabarrus County Real Estate expected to rise

Recently, a Bank of America official was quoted as saying that the Charlotte, NC suburb counties of Cabarrus and Iredell were expected to experience real estate growth over the next 5 years, despite the economic downturn. Cabarrus County real estate actually leads the Charlotte NC Real Estate market in growth expectations with anticipated expansion of as much as 18% by 2013.

With real estate in the region at it’s lowest prices in years, NOW is the time to buy. I know we’ve been saying this for 18 months now, I even bought a house myself last year but we were wrong then, it did get a little worse because of economic downturns that no one expected. Regardless of where the overall economy stands right now, from what we see happening “on the ground” The time to buy is now.

As professionals in the Concord real estate market, we’re seeing earlier than usual increases in buyer activity during the first quarter of 2009 so it’s obvious that things are picking back up. The market can only go up from here and pretty soon, the short sales in Charlotte NC and all of the foreclosures will dry up. This will leave typical homeowners with more options and their asking prices will inevitably increase.

We actually list more short sales listings than anyone else in Charlotte NC Real Estate and even OUR game plan is changing due to the changing market. Next month, we’ll be launching our new website, MetrolinaEstates.com. This is a marketing tool designed to showcase high-end property (over $500k) in a way that I’ve never seen before. We’re giving our clients 7 pages of pictures and data to advertise their estate sized luxury homes for sale in a way that truly shows off the details which buyers are paying for.

We’re not just doing Luxury Homes in Cabarrus County, our focus is on Iredell and the rest of Charlotte, too. Charlotte Real Estate has always been the foundation of our business and Iredell real estate is expected to rise by 17 percent, which is well above other Charlotte suburbs like Rowan or Gaston who are only expecting increases of 6-7% each. More to come on this and other issues, the phone is ringing off the hook and I have to run!