Trifter

Charlotte, North Carolina, has a population of over 660,000 people who call the Queen City their home. Charlotte is located in the southwestern part of the state, in Mecklenburg County.

Currently, the Charlotte Real Estate Market, consist of approximately 230,000 homes and condominiums. Of these homes, about 2,300 are for sale, with over 1,000 of the homes for sale being in a foreclosure status. With the home interest rate being the lowest it has been in years, and the tax advantages that are now available to home-buyers, purchasing a home in Charlotte North Carolina is at its prime.

From the historic buildings and skyscrapers intermingled in Charlotte’s uptown area to the rural areas with scenic lakes and woods, the median purchase price of home for sale in Charlotte is $150,000. That does not include the foreclosed homes for sale. Although varying in price, most of the foreclosed homes are being sold for thousands less than the market value. Some of these foreclosed homes for sale are being sold at nearly half their current market value. If considering taking advantage of a foreclosed home for sale on the Charlotte Real Estate Market, it is advised that you seek a professional real estate agent experienced in foreclosures to ensure that the laws that govern buying a foreclosed home are followed.

Charlotte offers family entertainment that includes swimming and boating in the nearby lakes, to museums and stadiums in the city center. The Time Warner Cable Arena offers various entertainment venues throughout the year, as well as being the home of the NBA Charlotte Bobcats. The Bank of America Stadium is home to the NFL Carolina Panthers.

Within a 30-mile radius of Charlotte you will probably find every cuisine that you desire. From fast food to 4 star restaurants, Charlotte has over 3000 eating establishments. After a nice dinner, you may like to catch a show at one of the 35 movie theatres also located within a 30-mile radius of Charlotte. Or perhaps, you would rather play a few rounds at one of the 150 golf courses located around the area.

Charlotte statistics show that the cost of living is over 9% lower than the average cost of living anywhere else in the United States. This could be attributed to the fact that 2 of the nations largest banks, Wachovia and Bank of America have relocated their headquarters to Charlotte. Also due to this relocation, the banks combined, employ an average of 35,000 people. This in turn contributes to the cities median household income of over $71,000 per year.

Considering the Charlotte Real Estate market, the fact that it is ranks 1st most popular move destination, 1st America’s most livable communities, 1st economic strength ranking, 2nd best city for entrepreneurs, 3rd best city for business, 6th in number of Fortune 500 headquarters, and 12th most active airport in the country, it is no wonder, with all it has to offer, that buying a home in Charlotte North Carolina is not just investing in a house it is an investment in your future.