The Charlotte North Carolina Real Estate Market
Have you been hit hard by the recession? There are many families in the same position as you looking for solutions. The real estate industry in particular has been hit hard as home values are decreasing and foreclosures become more popular. It’s important that you find a home that is going to keep its value over time, and North Carolina is one of the best places to look.
While the rest of the real estate industry in America suffers, real estate near Charlotte is doing quite well. It was not hit nearly as hard as some areas in California and Southern Louisiana. Luckily we are starting to come out of this rivet, but North Carolina properties are still sailing high above the rest of the market. There are many reasons the Charlotte area has survived over others.
For one, employment opportunities are starting to increase. With an approximate population of 700,000, Charlotte is a growing city with new jobs being created every day. Right now the city is seeing a 12% increase in job opportunities, a clear bonus compared to the decline that many other cities are seeing.
Charlotte’s homes are also some of the few that have maintained their value throughout the years. The average house value is about $175,000, and the price is increasing at about 6%. This is great news for home owners and prospective buyers. Since the value of your home increases you will then be able to sell it for more than you bought it for.
There are also less foreclosures around Charlotte compared to other locations. Although it has seen a small increase, the foreclosure rate is low when considered with the national average. Most of the homes that are foreclosing are vacation homes, making it a perfect place to buy. Look to the foreclosure listings to find a vacation home for sale for extra low prices. There’s no place more peaceful and relaxing then a vacation home on the beaches of North Carolina.
The real estate in North Carolina varies, although they all carry a certain kind of elegance. You will be able to find fancy condominiums, traditional one-family homes, plantation farms, and great beach houses nearly any place you look within the area.
In addition, you can always expect to be just a few miles away from a number of great attractions. Some of the major activates are hiking, fishing, swimming, shopping, and going to visit the various historical sites. Myrtle Beach is only a four hour drive away, and you can always go walk around downtown or watch the NASCAR races.
Many people come to appreciate the Southern style of North Carolina. It is the perfect place to move to not only for the many attractions, but for saving money as well. When you buy a home or vacation home near Charlotte you can expect its value to go up instead of down. With so much going for it, it’s hard to stay away from a somewhere so welcoming.
This article is brought to you by Dream Weaver Properties of Cleveland, NC. A valuable partner in North Carolina Realty selection.
While the rest of the real estate industry in America suffers, real estate near Charlotte is doing quite well. It was not hit nearly as hard as some areas in California and Southern Louisiana. Luckily we are starting to come out of this rivet, but North Carolina properties are still sailing high above the rest of the market. There are many reasons the Charlotte area has survived over others.
For one, employment opportunities are starting to increase. With an approximate population of 700,000, Charlotte is a growing city with new jobs being created every day. Right now the city is seeing a 12% increase in job opportunities, a clear bonus compared to the decline that many other cities are seeing.
Charlotte’s homes are also some of the few that have maintained their value throughout the years. The average house value is about $175,000, and the price is increasing at about 6%. This is great news for home owners and prospective buyers. Since the value of your home increases you will then be able to sell it for more than you bought it for.
There are also less foreclosures around Charlotte compared to other locations. Although it has seen a small increase, the foreclosure rate is low when considered with the national average. Most of the homes that are foreclosing are vacation homes, making it a perfect place to buy. Look to the foreclosure listings to find a vacation home for sale for extra low prices. There’s no place more peaceful and relaxing then a vacation home on the beaches of North Carolina.
The real estate in North Carolina varies, although they all carry a certain kind of elegance. You will be able to find fancy condominiums, traditional one-family homes, plantation farms, and great beach houses nearly any place you look within the area.
In addition, you can always expect to be just a few miles away from a number of great attractions. Some of the major activates are hiking, fishing, swimming, shopping, and going to visit the various historical sites. Myrtle Beach is only a four hour drive away, and you can always go walk around downtown or watch the NASCAR races.
Many people come to appreciate the Southern style of North Carolina. It is the perfect place to move to not only for the many attractions, but for saving money as well. When you buy a home or vacation home near Charlotte you can expect its value to go up instead of down. With so much going for it, it’s hard to stay away from a somewhere so welcoming.
This article is brought to you by Dream Weaver Properties of Cleveland, NC. A valuable partner in North Carolina Realty selection.
