Charlotte NC Home Buyers! Are you ready to ride the incredible current wave to home ownership, or are you going to sit on the shore and watch the wave pass you by?
Only 6 DAYS remain until the expiration of the home buyer tax credit. You must be under contract by April 30, 2010, with a closing date on or before June 30, 2010 in order to qualify for an $8,000 first-time home buyer tax credit or a $6,500 re-sale home buyer tax credit.
Charlotte, NC home prices haven't been this affordable in a decade! Interest rates are hovering around the 5% rate for qualified buyers. Add the home hbuyer tax credit to the mix, and you've got a recipe for a great fiinancial investment.
Ride the wave!!! Just yesterday, the U.S. Commerce Department reported that sales of new homes increased in March by 27% - the biggest increase in new home sales since 1963. This is incredibly good news for the economy - new construction sales mean that home builders are re-gaining confidence and are starting to build again - a great sign for the U.S. economy. Also, the National Association of Realtors (NAR) reports that sales of existing homes rose by 6.8% in March, exceeding expectations for the housing market.
What does this mean for the Charlotte NC real estate market? It means that NOW is a GREAT time to buy a home in Charlotte! With an average sales price in February 2010 of $200,592, home affordability is at an all-time high. Confidence in the Charlotte NC economy is growing, as the region's jobless rate dropped in March to 11.9%, down from 12.8% the previous two months. Charlotte NC home buyers will find that Charlotte has a vibrant, growing economy, mild climes, a fabulous arts scene, quality education, and an international airport.
So, Charlotte NC home buyers.....will you ride the affordability wave to home ownership? Or will you sit on the shoreline and watch the perfect wave pass you by?
Charlotte, NC is my passion! Let me show you around our fair Queen City, and I think you'll soon agree!