New Housing Statistics Show Charlotte # 1 in the Country

CHARLOTTE, NC: The National Association of REALTORS declared Charlotte the number one city in the nation for growth in home prices from the beginning of last year to the beginning of this year. Prices have surged more in the Charlotte area than anywhere else in the US.

The median home price in the 7-county Charlotte metropolitan area, including Charlotte, Gastonia and Concord, was $195,000 for the first quarter of 2011.  This statistic is up more than 12 percent from the first quarter of 2010.

Charlotte didn’t feel quite the boom that many of the nation’s major cities did in the 2003 – 2006 years. Prices just never climbed the way that they did in other cities.  When the recession hit the rest of the nation, Charlotte didn’t quite feel the ‘heat.’  It seems that in recent months, things have been at a near-stand-still but, it is refreshing to see some positive growth in our sales prices–finally!

Charlotte housing is on the move again and our rebound looks most impressive at the moment.  Charlotte’s more established neighborhoods, including Myers Park, Dilworth, Elizabeth, Midwood and Beverly Woods have been our mainstay during the downturn and will likely lead the city’s growth again during the second half of 2011 and into 2012.

Charlotte North Carolina Real Estate – Charlotte NC Relocation Information

Debe Maxwell, CRS, Realtor®/Broker
Savvy + Company Real Estate
1920 E. 7th Street
Charlotte, NC 28204

Mobile: (704) 491-3310
Fax:       (704) 353-7014
Email: debe@debemaxwell.com

More information on Charlotte than you’ll ever need!

Originally posted at http://www.iCharlotteRealEstate.com

On Friday, November 6, 2009, President Obama signed  a bill which will extend the $8000 tax credit for *qualifying first-time home buyers through June 2010.   First time home buyers will receive the $8,000 Federal tax credit if they:

1.  Sign a contract by April 30, 2010
2.  Close on the home by June 30, 2010.

The new bill will also provide a $6,500 credit  for current  homeowners who purchase a new primary residence, and have lived in their current home for at least five of the previous 8 years.

*The bill has a few provisions including:

• Single tax filers who earn up to $125,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, single filers who earn $145,000 and above are ineligible.
• Joint tax filers who earn up to $225,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, joint filers who earn $245,000 and above are ineligible.

Click here for the First Time Home Buyer Tax Credit Form.

Begin your search for homes in Myers Park High School Charlotte NC area.  Happy house hunting!

3708  Haven Drive
Charlotte, NC 28209

Price: $309,000
Main Features:
Single Family Home,2 Bedrooms,1 Bathroom,Interior: 998 sqft,Lot: 0.27 acre(s)

More Info: http://listings.realbird.com/Real_Estate/2br–1ba-Recently-Renovated-Ranch-Home-in-Myers-Park—Great-Schools-/Charlotte/NC/E6D5E6E6/45136.aspx

Description:
Beautifully renovated Myers Park home near Park Road Montessori School.  Kitchen renovation includes gorgeous new cabinets, granite countertops, stainless steel appliances.  Home has new windows, new hot water heater, bathroom tile, and gleaming hardwoods.  Great level, fenced-in lot with new deck and new landscape lighting.  Located on the Park Road Shopping Center end of Myers Park, off of Hillside,near the Park Road Entertainment District:  Dine at Sir Edmond Haley’s or any of the great restaurants in the area.  Shop at Blackhawk Hardware or find just about anything you’re looking for in the Park Road Shopping Center.  Your local Harris Teeter is just a minute away as well! You just can’t go wrong with this location OR the price!  Priced to SELL now, use the $8,000 federal tax credit for first time home buyers before this government benefit expires!  Call today for your tour!