What a difference a year makes. Not just here in the Charlotte NC real estate market but across the country. There are many reasons to be thankful in 2013, one of those reasons are that homes across America have gained back $2.8 trillion over the last two years ($1.9 Trillion this year alone), gaining back …
Tag: Economy
Dec 16
HUD Home Buyer Webinar
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 …
Oct 28
A Brief History of Halloween
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 …
Jul 08
An Easy Way to Improve Your Credit
Revolving Debt is Sizable Factor of Your Credit Score That All Too Often Goes Unnoticed In the credit game, you are supposed to lose. If you lose, THEY win. “They” of course, refers to the big Banks and Credit Bureaus. Both of whom benefit greatly when your credit score is lower. The Banks charge …
Apr 07
Charlotte Home Prices Continue to Fall
Home prices have continuously fallen in 18 of 20 US States over the past year. This statistic was found by a report made by Standard & Poor’s Case-Schiller Home Price Index released early this month. The Mecklenburg Times published an article on this data last week. According to that article, home prices in the Charlotte …
Apr 06
Charlotte’s Unemployment Rate Dropping…
The Charlotte Business Journal published today that according to the N.C. Employment Security Commission unemployment in the Charlotte metro area dropped to 10.7 percent in February from 11.2 percent in January. The following is an excerpt from this article detailing employment pertentages in the Charlotte Metro & surrounding areas: “Mecklenburg County’s jobless rate in February was …
Feb 03
Half of U.S. Families Can Afford Homes on the Market
According to an article published on February 1, 2011 in DSNews, a study done by Movoto.com, a real estate site based in California, more than half of American families can afford to buy a new home based on income levels and listing prices. The following is an excerpt from the article which gives insight on the reasoning behind …
Jan 11
Credit Suisse Reports December Traffic: “Charlotte Buyers Lack Urgency”
According to a report released by Credit Suisse on January 6, 2011 demand in the Charlotte home market remains weak as buyers fear further price declines. Charlotte, NC is the 13th largest market in the country. The following are quotes directly from the December 2010 report for the Charlotte, NC real estate market: “Buyer traffic …
Dec 15
Interest Rate RoundUp, Mortgage Rates on the Rise
The election is over and so is the need to keep interest rates artificially low. If we absorb the pain now, we’ll be less likely to remember it during the 2012 election. Don’t wait! Rates are rising! Interest Rate Roundup for Dec. 2, 2010 from Bankrate.com Mortgages 4.71% (30-year fixed) 0.36 (average points) Here’s a …
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