Time to Buy a Home in Charlotte NC According to Chief Economist
According to chief economist of the National Association of Realtors, Lawrence Yun, both interest rates and home prices are likely to rise in 2012. If this is the case, then now is the time to buy a home in Charlotte NC in order to avoid both higher prices and higher interest rates that may come about next year. Yun spoke to hundreds of Realtors in the Charlotte NC Region last week at an event hosted by the Charlotte Regional Realtor Association. In his discussion, he mentioned that distressed sales, which consist of foreclosures and short sales, now make up about 30% to 40% of all transactions and all-cash deals are common.
Yun spoke positively about the future of the economy stating that he expects North Carolina to do well over the long term when it comes to jobs. North Carolina has also not been as volatile when it comes to housing compared with other areas of the country.
To read the whole article, go to http://www.bizjournals.com/charlotte/blog/real_estate/2011/11/national-association-of-realtors-chief.html?ed=2011-11-01&s=article_du&ana=e_du_pub
– Don
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Don is the Owner and Broker of Don Anthony Realty. Last year Don sold more homes than 99.5% of the real estate agents in the region, while saving those clients thousands. He has perfected a low cost yet full-service home-selling program that is revolutionizing the way people get their homes sold. His hybrid approach and Flat Fee MLS Listing Service combines the best of a Discount Realtor and Full-Commission real estate agent with the freedom of a For Sale By Owner (FSBO). For more information please visit our website, www.DonAnthonyRealty.com.
Don Anthony Realty helps clients buy and sell real estate in the Charlotte, NC Metro Region and Triangle, NC Region (Raleigh, Durham, Chapel Hill, and surrounding areas). Charlotte Region counties served include Mecklenburg, Union, Cabarrus, Iredell, Lincoln, Gaston, Rowan, Catawba, and Alexander Counties in NC as well as York, Chester, and Lancaster Counties in SC. Triangle Counties served include Alamance, Caswell, Chatham, Durham, Franklin, Granville, Halifax, Harnett, Johnston, Lee, Nash, Orange, Person, Vance, Wake, and Warren. Some of the Charlotte Region cities served include Charlotte, Huntersville, Mooresville, Matthews, Concord, Weddington, Wesley Chapel, Waxhaw, Monroe, Marshville, Pineville, Gastonia, Cramerton, Belmont, Statesville, Hickory, Claremont, Kannapolis, Salisbury, Union Grove, Lincolnton, Mount Holly, Fort Mill, Tega Cay, Rock Hill, York, Clover, Catawba, Indian Trail, Mint Hill, Davidson, Sherrills Ford, Cornelius, Troutman, Harrisburg, Midland, Mt Pleasant, Terrell, Crouse, Wingate, Maiden, Denver, Lancaster, Stanley, Dallas, Newton, Cherryville, China Grove, Indian Land, and Chester. Some of the Triangle Region cities served include Raleigh, Durham, Chapel Hill, Cary, Clayton, Wake Forest, Apex, Fuquay-Varina, Garner, Holly Springs, Youngsville, Pittsboro, Hillsborough, Morrisville, Louisburg, Knightdale, Smithfield, Zebulon, Angier, Sanford, Franklinton, Rougemont, Wendell, Henderson, Mebane, Creedmoor, Willow Spring, Carrboro, Dunn, Roxboro, Timberlake, Semora, Graham, Burlington, Efland, Fayetteville, Oxford, Selma, Siler City, Four Oaks, Haw River, Rocky Mount, Bahama, Spring Lake, Stem, Bear Creek, Coats, Kenly, and Raeford.
Don Anthony Realty 