I'd like to understand what I can expect in my upcoming home search in Charlotte, NC. I'm looking in South Charlotte and Union County and would like to find something under construction or less than 10 years old, and priced around $500k. I've heard recently of builders offering concessions of up to 20% and am wondering if this is accurate and/or also carrying over into the resale market.
Thanks!
2007-12-04 13:15:39 · 2 answers · asked by Pete R 1 in Business & Finance ➔ Renting & Real Estate
I doubt you have heard about builders in the Charlotte area offering 20% concessions. Charlotte is one of the areas in the country that is appreciating in price and where it isn't a buyer's market (it is pretty well balanced).
You will easily be able to find something built in the last 10 years and priced around (or much less) than $500k. Part of the reason that Charlotte is stable and increasing in price (increases 8% year over year this past quarter) is it didn't experience the vast run up of other areas. You will have quite a selection in that price range of very nice houses.
good luck!
2007-12-04 15:39:03 · answer #1 · answered by Rush is a band 7 · 1⤊ 0⤋
To get the best deal on charlotte real estate it is important to find an expert realtor from the area to give you the best guidance.
2013-09-16 02:35:56 · answer #2 · answered by Anonymous · 0⤊ 0⤋