Charlotte home prices and sales up
Charlotte home prices and sales up
5% Plan to Move in the Next Year
In an nationwide survey taken by Move.com, they found one in twenty Americans say they plan to buy a home in the next yer, and this survey was taken before, before, the first home tax credits and move up credits were passed November 6.
Buyers Reasons for Buying? Low Low prices said 25% of the potential buyers, , a belief that prices have bottomed out, followed by interest in foreclosures, and low interest rates. Investors are also returning to the market, with twice as many looking now as in March 2009. Details on this story
Charlotte’s affordability index remains one of the best in the nation- and Charlotte home prices have risen in 5 of the last 7 months according to Case-Shiller.
47% of Home Buyers Were First Home Buyers
In a survey of home buyers from July 2008, through June 2009, the NAR found that 47% of home bueyrs were First Home Buyers
— wheee…. this is the first confirmation of my $250,000 balance number with produces 46-48% of Charlotte sales, the somewhat speculative number I’ve been using for nearly a year.
Stay tuned, more later in the week.
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Charlotte NC Homes- Bubbilicious-The Over $1M Market
Charlotte Home Prices Passed Bottom and Trending UP
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