Tag Archives for " North Carolina "
We’ve all seen the news about big investors making their way through Charlotte buying up hundreds of properties. And if you’re like me, you were left wondering, “How can I get in on the action?”
Now that the major investment companies have all but left Charlotte, some people said it was a sign that the time to buy is behind us.
Well they’re wrong!
Forbes ranked the top 20 U.S. Cities that were the best places to invest in housing in 2014; Ranking the Charlotte-Concord-Gastonia area No. 3!
Without these big investment companies, there is more opportunity for the rest of us to still get a great price on a new home.
The most important factor now is TIME!
As with any good deal, you need to act quickly while the prices and rates are still low to get the most bang for your buck, as they say.
This ranking reviewed the top 100 metropolitan areas using US census data. These 100 cities were then ranked on four factors: Population, home prices, home value and the local job economy.
Charlotte achieved the third spot because it has high population and job growth, and relatively low home prices that are most importantly, undervalued.
All together it makes buying a home in Charlotte a relatively low-risk investment.
The key to this ranking is the price that homes would have been without the recession and other external factors.
\As long as homes prices are below this price, then the home is undervalued, and typically a good investment.
In Charlotte, homes are 15% undervalued. That’s an average savings of over $36,000!
What this really means:
Buyers: Charlotte is one of the best places to invest in the entire country. This is because of its potential for growth and improvement, along with its low priced and undervalued homes.
Whether you are buying a home for yourself or looking for an investment property, the key is to buy now while the prices and mortgage rates are still low.
As the rates and prices gradually increase, this is fewer savings in your pocket.
If you are considering investing in Charlotte this year, please leave a comment in the section below. We welcome your thoughts on why you think it’s a great deal. And if you don’t, tell us why as well.
If you are ready to get to make the next move, click here for some of best deals hitting the market now!
With the increasing number of environmental problems these days, each of us has the responsibility to do something to help save the environment. In your own simple ways, you can help through making home improvements that do not only beautify and add value to your home, but also helps conserve the environment. Below are some of these eco-friendly home improvement tips.
Monitor your electricity consumption. This is made possible through buying digital displays that allow you to monitor your electricity consumption similar to a meter in a taxi. In this way, you would be less wasteful.
Install skylights in your roof. Installing skylights helps natural sunlight in illuminating your house, especially in those pesky dark areas in your house.
Use solar panels or a miniature wind turbine. Solar heating is very useful, especially in providing basic energy within your home such as lighting and heating water. The good thing about this is it makes pure and clean energy. At the same time, you can store the energy in a battery for later use. You can also install a miniature wind turbine which can also help generate renewable energy.
Invest in low wattage light bulbs. Such kind of bulb helps save energy easily. It’s sometimes brighter than the standard light bulbs but consumes lesser energy.
Improve your roof. There had been researches conducted indicating that roof color and the types of material you use in your roof can greatly lower the temperature in attics. For instance, consider using white tiles when re-roofing as it has properties that can reduce heat gain.
Install a motion detector outside your home. Such devices help a lot in saving energy because your light fixtures will only be activated by motion sensors or a timer.
Make use of low flow showerheads. These items are a worthwhile investment because they help cut down water usage and save energy expenses.
Purchase energy-efficient appliances. Investing in such items is one of the most effective ways of saving energy. Remember, home appliances use about 18% of a typical home’s total energy bill so investing in energy-efficient appliances can help lower down your expenses. These appliances bear “Energy Star” logo which means they use 10% to 50% less energy and water than other standard models.
Save water through using certain devices. There are actually some devices you can purchase that help save water. For instance, you can use an aerator on all your household faucets to cut your annual consumption of water into half. You can also install a low-flow toilet to increase your water savings.. But aside from this, you should also do some behavioral changes that save water too.
Are you planning to celebrate New Year’s Eve in Charlotte but still have no plans on where to spend it? Whether you’re looking to celebrate with your family or you want to leave your kids at home, there are actually a lot of New Year’s Eve parties happening around Charlotte. Below are some of the best events you can choose from.
Ring In 2014 With Howl At The Moon
December 31, 2013, 6 PM
Howl at the Moon Charlotte, 210 E. Trade Street, Charlotte, NC 28202
This New Year’s Eve part is featuring dueling pianos rocking all your favorite hits from 2013. Join for the ultimate Charlotte NYE experience, dance, drink and howl in the New Year at ‘Howl at the Moon’!
Champagne Supernova – $85 per person; seating included
The Big Shot – $70 per person; seating included
Early Bird General Admission – $30 per person; standing room
To purchase these packages, you can call Michele at 704-936-4695 or email CHARLOTTEEVENTS@HOWLATTHEMOON.COM.
5Church New Year’s Eve 2014
December 31, 2013, 10 PM
5Church Restaurant, Charlotte, NC
Open bar and buffet from 10pm to 2am. DJ Stephen will be present on the Warwick Dance Floor. Champagne toast at midnight live countdown of the ball drop festive party favors. Doors will open by 10 PM.
General admission is $65. You can call 704-919-1322 for inquires or visit www.5church.com. Portions of the proceeds will be donated to the Levine Children’s Hospital ‘Give Here For Kids Here’.
3rd Annual New Year’s Eve Party at VBGB
December 31, 2013, 9 PM
Vbgb Beer Hall And Garden (Nc Music Factory), Charlotte, NC
New Year’s Eve Party in Uptown Charlotte. Admission ticket is $60. Age suitability is 21 years old and up. You can call 704-333-4111 for ticket inquiries.
NYE 2014 – The Biggest Party of the Year
December 31, 2013, 8 PM
Bar Charlotte, Charlotte, NC
Considered the biggest party of the year! Online advance ticket sales will start soon. You can contact 704-342-2557 for more details.
New Year’s Eve at Hilton Charlotte University Place
December 31, 2013 to January 1, 2014, 12:30 AM
Hilton Charlotte University Place, Charlotte, NC
Enjoy the best of New Year’s Eve traditions with their annual New Year’s Eve party featuring a lavish dinner buffet, live entertainment, four hours of open bar, champagne toast and a balloon drop at midnight. They also offer exclusive “Platinum Package” includes deluxe overnight accommodations for two and breakfast on New Year’s Day! Call 704-547-7444 for inquiries. Prices vary per package. Age suitability is 21 years old and above.
This week on December 19th there will be a HUD Homebuyer webinar hosted by Nancy Braun, Owner of Showcase Realty, perfect for homebuyers and investors. In this Webinar we will discuss who can purchase HUD homes and when. Myth battles fact in common misconceptions about HUD homes.
Did you know?
-HUD does not provide direct financing to buyers of HUD Homes.
-Almost anyone can buy a HUD home.
– You can purchase a HUD home at a 50% discount from the original list price if you meet certain qualifications.
-You can purchase a home with just $100 down!
We will also be discussing different investment strategies and discuss a very common “Get Rich Quick” strategy made popular by TV shows. We will also advise you on what investment properties to avoid and the realities of being an investor. You will be a LANDLORD at some point (if you want a steady income property).
Much more will be discussed at the FREE HUD Home Buyers Webinar! Attend it on Thursday December 19th at 2-3 PM! You will also receive a FREE HUD Tool Kit after the Webinar so don’t hesitate to register for the event today! https://attendee.gotowebinar.com/register/8895772902378965762
Did you miss our radio show that aired live last Sunday, November 24, 2013 at 10:30 AM? No worries, if you missed it or want to listen again you can watch the podcast available now on ITunes and coming soon to www.charlottemarketradio.com.
Our last episode discussed one common dilemma most homeowners face and this is renting versus buying, which is better? According to Mecktimes and Trulia’s statistics, buying a house is better than renting one; specifically if you live within Charlotte, North Carolina. During the summer of 2013, buying a home was actually cheaper by 44 percent than renting. The difference between both narrowed since summer of 2012, where it was 54 percent cheaper to buy than to rent.
Furthermore, by Trulia’s estimate, the mortgage rate tipping point, when renting becomes cheaper than buying, is at 13.3 percent for Charlotte. And according to Bankrate.com, the current mortgage rates are 4.12 to 4.62.
The benefits of owning a home were also presented, here are a few:
On the other hand, the downside of renting was also discussed.
For first time homebuyers, there are special lending programs you can rely on like HUD homes. If you live in Charlotte, be sure to get a certificate first from attending an 8-hour Home Buyer workshop and get up to $7,500 which you can use as down payment and closing costs.
For those who have been hurt by the economic downturn by a short sale or foreclosure; good news because you can now purchase a house in much less time because of a recent change in the rules. FHA has loosened their guidelines allowing borrowers to get a home loan in as little as 12 months after a foreclosure or short sale.
Last but not the least, the 3 most common myths of buying versus renting were also discussed, which are as follows:
Myth #1 A bigger down payment is always better
You don’t need to put 20% as down payment..
Myth # 2 You get more for your money in the suburbs
Savings from lower-cost housing often are wiped out by unexpectedly high transportation costs.
Myth #3: Renters escape property taxes
Renters don’t pay property taxes directly; any business minded landlord factors in all of their carrying costs into their rental rates so it’s like they’re paying the taxes of the landlord.
For more information and elaboration on the topics discussed, listen to our podcast.
On the next episode of our radio show, we will discuss how to get your home ready for the market. If you have any questions or clarifications, please don’t hesitate to call us at 704-440-0007. We’re always happy to answer your queries.
Regardless of the type of business you have today, social media has become a necessity for most businesses to be successful including real estate. Social media, such as, Facebook, Twitter, and LinkedIn are some of the most excellent tools you can use for marketing. But there are actually other channels you can use such as Pinterest, Google+, Instagram and more. But as a real estate agent, why should you really use social media? Here are some answers to your questions.
Remember that approximately one billion people across the world are using at least one social media site and these are all your potential clients, you simply just need to meet them there and get their attention.
Come Join Us! For FREE agent sales training on HUD Homes at our South End office. Lunch provided.
* Discover the secrets to closing more HUD transactions
* Understand the selling process to maximize your results
* Learn to navigate HUDHomesStore.com
* And Much More…
Just like other holidays and important events, Halloween has evolved a lot since it started thousands of years ago. As one of the world’s oldest holidays, it has been celebrated today by more individuals from different parts of the world than ever before.
The term Halloween was originally spelled as “Hallowe’en,” which is contraction of All Hallows Eve, a term for the day before All Hallows Day, otherwise known as All Saints Day. The latter is a Catholic holiday celebrated on November 1 since the early Middle Ages where Christian saints along with martyrs are commemorated.
The history of Halloween originates in the ancient Celtic festival regarded as Samhain, a celebration of the end of the harvest season in the Gaelic culture. The ancient Gaels believed that, on October 31, there is an overlapping of the boundaries between the world of the living and the dead. At the same time, the deceased would come back to life and will cause havoc like sickness. Based on the prehistoric observance, Halloween used to mark the end of summer and the onset of winter where people celebrated it with sacrificial offerings, homage to the dead, feasts, and bonfires.
Like the Celts, the European people during that time also believed the same thing; that the spirits of the dead would came to visit the earth during Halloween. However, they feared that the spirits would hurt them or cause problems, which is why during the night they wore costumes to look like ghost and other evil creatures. They believed that by doing such, the spirits would think they’re also dead and they would remain unharmed. As the Europeans migrated to the United States, they brought such tradition with them.
“Trick or treat” entered the picture when there was an increasing number of Halloween pranks and mischief during the 1920s and 1930s. Schools and communities want to curb the increasing number of vandalism that’s why they encouraged the “trick or treat” concept. But the practice we do and see today where children wear costumes doing “trick or treat” started only during the mid-1940s.
Today, Halloween is the second most commercially successful holiday next to Christmas and is the third biggest party being celebrated yearly behind New Year as well as Super Bowl Sunday. Men and women of every age now celebrates Halloween in different ways like decorating their homes, wearing odd costumes, joining parades, and more. But we all have to remember, as long as we celebrate Halloween in a safe and happy way, then there’s no problem with celebrating it in different ways.
In order to get top dollar for your Charlotte NC home for sale, it needs to look great inside and out. Small adjustments to your home can really improve it’s curb appeal without costing you a fortune.
The infographic below has tips and quick fixes to improve the value of your home and make it more desirable to buyers. Tips below include keeping trimmed bushes and a mowed lawn to make a the best first impression possible. Quick fixes like painting over cracks in the walls and replacing old doorknobs can go a long way to make the home look well cared for and updated.
Beyond simple maintenance and repairs the infographic suggests many decorating tips to make any space feel bigger, brighter and more inviting. It even describes the effects of feng shui and colory theory techniques on a space. For example, dark narrow hallways are made to seem more spacious by hanging a mirror at the end. The color green is also a refreshing color the promotes relaxation and recuperation; consider painting the living room or master bedroom this color.
If you have a Charlotte home for sale, these tips could mean the difference between a competitive bidding war and low offers. View the rest of the tips below! Also click the image, if you’d like to view it larger.
If you haven’t heard about this, The Electric Run is this Friday and, if you watched the video above, you can see that it looks awesome. This 5K is held in many metropolitan areas throughout the U.S. and the U.K. The website says it features,
Immersive “Lands” of light and sound that transport the participant into an electric wonderland, Electric Run promises to transport the mind, body and soul to a new world in a healthy and drug-free way. Participants are encouraged to join in on the art by lighting up with glow sticks, LEDs and anything else their imagination can conjure up.
Our Electric Run is at the Charlotte Motor Speedway in Concord. This will be my first night run, and certainly the first one with music, dance and best of all glow sticks!
I got my tickets months ago when were they first released, but if you put it off — Good news! Tickets are still available. The site says it’s 98% sold out though. So if you are looking for something to do this Friday night, I wouldn’t drag my feet on this one. Registration was pretty simple. You can register or find out more here.
But if you’re not able to attend, why not browse some inspiring photos from previous runs?
These were my favorites: