With the current financial state of affairs, people question the stability of the banks and the value of fluctuating real estate. Many suffered from stock market losses and wonder if buying a Charlotte home is still a solid investment. As long as people need shelter, real estate is a wise way to spend your money.

According to the January, 2008 edition of Real Estate and the Economy, the housing sector contributed a significant $2.1 trillion to the national economy during 2007. This figure represented 15 percent of the overall national economic activity. People are still actively buying and selling Charlotte houses because everyone needs real estate for basic shelter.

In today market, savvy shoppers are checking out foreclosures to get great deals. Others are perusing online listings to find Charlotte homes that haven’t sold for months. As a result, home buyers with good credit are taking advantage of lowered prices and interest rates. Over the years, that adds up to significant savings on your real estate investment.

You can move into the Charlotte home of your dreams for less than you might have paid five years ago. Mortgage lenders are featuring the lowest financing rates in years. Whether you want to live in a condo, duplex or house, there are a variety of affordable Charlotte housing options on the market today.

Consider a fabulous high rise Uptown 4^th Ward home with 1 bedroom, 1 bath, floor to ceiling windows and spectacular views for around $250,000. If you prefer a mid-rise Uptown 4^th Ward home, you’ll want to move right into a 2 level, 2 bedroom, 2 bath condo with a spiral staircase, washer and dryer and all kitchen appliances for under $250,000. Condo dwellers appreciate the convenient city location, modern facilities and various amenities offered by this easygoing lifestyle.

If you prefer the privacy of a freestanding Charlotte home, there are countless houses to view. Check out a 3 bedroom, 2 bath Villa Heights home with hardwood floors, high ceilings and a fenced yard with a deck for under $225,000. See the beauty of a 2 bedroom, 1 bath Belmont home with ceramic tile and new insulated windows for under $170,000.

To find out more about investing in Charlotte homes, contact Katie Gray at 714-560-9699 or katie@katiegrayhomes.com.

This entry was posted on Friday, May 8th, 2009 at 1:09 pm and is filed under Charlotte Real Estate, Villa Heights. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.