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  CONDITIONS™
By Local Real Estate Experts  

Market Conditions for Charlotte, North Carolina

Reported by DeCarlous E. Sims, Broker

Updated March 2, 2010.

Current Market Rating: 1



1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 4




1
2
3
4
5
Falling

Rising

Due to the state of the economy nationally, the real estate market in Charlotte, NC is a strong buyer's market for those that are able to qualify for a mortgage. Since the guidelines for obtaining a mortgage have been tightened, the number of those obtaining mortgages have decreased,even though the prices of homes have gone done and the supply is very high.
Although their has been a shift in upward mobility in the pricing trend in Charlotte over the last several months, the change has not been very significant when you look at the pricing trend over the last few years.
Charlotte, NC continues to be a great place to live for singles and families. The culture of Charlotte is tending to lean more to a trendy urban environment with many national attractions such as banks, social attractions, and hotels.


Company: Carolinas Priority Realty
Phone: 704-419-4663
Email: decarlous at carolinaspriorityrealty dot com

Navigate: Top > North Carolina > Charlotte

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

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