The Charlotte NC Real Estate market is showing extreme activity in the lower price ranges.  First time home buyers are making decisions to purchase their first home prior to the first time home buyer credit expiration.  Things are about to swing back after the expiration of $8,000 Federal Tax Credit.

Interest rates are beginning to rise so this pushes "home affordability" downward.  I heard a vicious rumor from our politicians.  The story is that there is a lot of fraud going on to falsify loans.  Being familiar with the lending regulations, it would be near impossible to counterfeit all of the required documents.   That claim would entail fraudulent tax returns, pay stubs, bank statements and credit reports????

It sounds like a smoke screen to provide cover for canceling the program.  The Government is not canceling a program to help first time home owners but stopping fraud.  I am not believing their story but I suspect this is a trial balloon to give politicians cover for allowing the program to end.

Ultimately, the wise first time home buyer has already taken advantage of the program.  There is still time but you must place an offer in within the next week in order to close in time.  Visit Charlotte Real Estate today to get your home and take advantage of the first time Charlotte Home Buyers Tax credit.

One fast growing segment is our seniors.  I have been working with several seniors relocating to Charlotte NC lately and there are several recurrent themes: the price and the weather.  Many people up north do not like the weather but as we age our perspective grows.  As a retiree they realize that half of their life is spend hibernating in the winter.  This is no way to live.

There are many factors to consider for your retirement home.  First you should always look ten years down the road.  If you were ten years older do you think that there will come a time when you do not want to walk stairs?  How about your spouse?  What would be your quality of life if you could not walk the steps? 

A Charlotte Single family home, a Charlotte Townhome or a Charlotte NC Condo?  These are important factors to consider now.  A single family home typically has a less expensive HOA but you also have more responsibility.  You will need lawn care and more for 9 months of the year.  The positive side is that you will have more privacy and a yard to garden and relax.

A Charlotte townhome is nice because you typically get a very small yard and a very small front entry to plant.  You will pay more for home owners association dues but do not have any responsibility for the exterior but you will still have neighbors attached.

A Charlotte Condo allows you the most freedom but it will remind you of apartment style living.  You will likely have neighbors living above and/or below you in addition to you.  This also provides a great mechanism to become socialized as you relocate.

There are many thing to consider when purchasing your new Charlotte Real Estate.  Do yourself favor,  give me a call and I will help you focus and find a great deal for you.  Visit Charlotte Real Estate - Charlotte Homes for Sale to day to learn and understand the greater Charlotte Real Estate market.