Waxhaw, NC

Kingsmead is a luxury home community located in Waxhaw just south of Charlotte. It convenient location offers suburban life with just a short drive into downtown Charlotte. Excellent Union Country taxes and quality schools lay the ground work for families looking for the perfect place to settle.

Home sites average about 0.4 acres and homes prices range from $700's to $1.25 Million. Residents enjoy over 90 acres of green space, fishing pond, walking trails, Basketball Courts, Pool, Club House, Children's Playground and Tennis Courts. For further information about Kingsmead luxury home community contact: Charlotte Luxury Home Specialist Craig R. LePage  at 704-618-2412

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Website: www.lknproperty4sale.com

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Buying real estate is a tricky business, and buying real estate in Waxhaw, NC is no exception. When you're looking to purchase a home, a storefront or an apartment complex in this quaint country community there are a few things you should know before you sign on the dotted line.

Waxhaw, located about 30 miles away from Charlotte, NC, is a living, breathing piece of history. Originally settled by the Waxhaw Indians and established by Scot-Irish and German immigrants in the 1700s, Waxhaw has grown and transformed from a small coastal community into one of the largest dining centers in the state. Visitors and residents alike will be able to enjoy its vast array of bistros, fine dining restaurants and good ol' fashioned soul food, as well as the swiftly growing industry that has taken Waxhaw from a small dot into a central tourist location in the suburbs of Charlotte.

Its location makes it a prime location for investors to purchase residential and commercial real estate, but before you sign on the dotted line you should be familiar with the guidelines for purchasing real estate. A good investment will appreciate rather than depreciate, recouping your investment and providing you with either a solid return or a residual income. In other words, when you buy real estate in Waxhaw, NC, you want to make sure you're not buying a pig in a poke!

The first thing you need to do is decide what kind of real estate you're looking for. Do you want to own a home? Establish a business? If you're looking to start a commercial endeavor, is your target market present in Waxhaw? How close to the center of the city's major industry do you think you will need to be to ensure that you are able to attract enough consumers to stay in business?

Once you know what you're looking for, you want to make sure you get a good deal on it. With commercial real estate you're going to find yourself paying commercial rates, but if you're looking for a private residence you can exploit the resources available to you. Foreclosures and pre-foreclosures offer a tremendous chance to purchase real estate in Waxhaw, NC at a competitive price. The bank and the owners are eager to get rid of the properties at a price considerably lower than it would be sold for on the open market, which means that the savvy homebuyer can get a house at a price they can easily afford-and the savvy investor can buy a house, fix it up and sell it at market value for a profit.

Finally, when looking for a great deal on real estate you should contact a realtor familiar with the area in and around Waxhaw, NC. It's a little known fact that not all real estate for sale can be found on public forums. There are a number of properties that are listed through real estate agencies that you're never going to find on the Internet or by browsing the classifieds.

A good agent will be able to help you find the commercial or residential real estate that will meet your needs, allowing you to enjoy the small town hospitality of Waxhaw, NC for years to come.

Keith is a Realtor with Golden Realty in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for... ...our Neighbors, our Friends, our Families!

Waxhaw is trying to preserve its historic appeal--one of its most often cited desirable features--by creating a historical district. In essence, any historic home owners would be restricted from certain architectural and physical changes. Waxhaw's historic downtown has been established for over 100 years and town leaders are hoping to both capitalize on that point and also maintain the tradition as a trademark for the area.

Visit: http://www.charlotte.com/union/story/539065.html to read an article about the movement.

Time For Fence Sitters to Jump Off

Inventories are beginning to drop with builders in the area and sales are starting to improve. Why is this coming about when the press still talks doom and gloom? Market forces. Interest rates have showed signs of creeping up an little bit, and when inventories go down, prices adjust as well. Speculators of further interest rate declines will notice the reversal and begin buying before they lose the advantage they have been waiting for.

As builders inventory from last year fall, their prices will see the normal annual adjustments we have always come to expect in the begining of a new year. These inventory homes will no longer be in significant competitions with resale homes, and this will begin a gradual shift in what is now a very weighted buyers market.

I've asked this question before...If you are in the market for a new home, pre-qualified, what are you waiting for? If you have a home to sell, get it on the market for the spring season. Nothing last forever, and we are going to see an end to this slow period. I hope you can benefit from it in the best way.