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December 4, 2009

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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Charlotte, North Carolina

Reported by Debbie Sloan, NC & SC REALTOR, ABR

Updated December 2, 2009.

Current Market Rating: 1



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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Call Debbie Sloan, 704-658-6068, to get the scoop on the local real estate market.

To get a FREE market report sent direct to your email, copy and paste this link in your web browser http://www.ncmarketreport.info/

In its efforts to stimulate the economy and revive the housing market, Congress has enacted legislation providing a tax credit of up to $8,000 for first-time home buyers purchasing a principal residence, but time is of the essence for buyers who want to take advantage of this opportunity. Only homes purchased on or after January 1, 2009 and before December 1, 2009 are eligible. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.

Here are some quick facts about the tax credit: It is for first-time home buyers only, does not have to be repaid, is equal to 10 percent of the home's purchase price up to a maximum of $8,000, and is available for homes purchased on or after January 1, 2009 and before December 1, 2009. Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

So if you are out there on the fence, trying to time the market, now is the time to get off.

Contact me at 704-658-6068 for a free market analysis or to receive current up-to date listings.




Approximate Location Boundaries: Mecklenburg County

Location Characteristics: Charlotte encompasses the diverse neighborhoods of Dilworth, Myers Park, Elizabeth, Myers Park, Eastover, the Ballantyne area in South Charlotte and the University area in North Charlotte among others. Some of the key employers in Charlotte include Wachovia, Bank of America, Carolinas Healthcare and US Air.

There are over 110 city and county parks, 18 public and 16 private golf courses, the Carolina Panthers football team, the Charlotte Bobcats basketball team, Paramount's Carowinds and Lowe's motor speedway to name a few.

For More Information:

View Market Conditions of other areas served by Debbie Sloan

Navigate: Top > North Carolina > Charlotte

About Debbie Sloan:
"Top in the Nation" Service Award winner. Consistently a Sales Leader, my extensive knowledge of Lake Norman and Charlotte will help you to discover all of your lifestyle options - even ones you may not have considered! I will help you to explore every nook and cove in and around Lake Norman and Charlotte.

Having achieved the coveted Accredited Buyers Representative designation ensures that you will receive the best possible representation of your interests from contract through closing. Additionally, I have also been awarded the "Top in the Nation Award" along with only 300 out of 30,000 agents nationally by the Quality Service Certified organization guaranteeing you consistent, reliable and measurable customer service.

I have an exceptional understanding of the strong work ethic that real estate requires and enjoy the challenges it presents. I give my clients 150% because that is what I would expect. In a business where client service defines the overall experience, I ensure an A+.




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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