Mark and Lisa Ramsey

The first quarter of 2009 is in the books and several major metropolitan areas are showing sign of stability in real estate prices. Charlotte North Carolina is one of those areas. Specifically, Charlotte real estate prices rank ninth most stable according to the PMI Mortgage Insurance Company Economic and Real Estate Trends Report.

This ranking is factored from several indicators that are used together to create an understanding of the market stability for each area. Visit the Charlotte Business Journal to learn more about the Charlotte Real Estate Price Stabilization.

Visit The Ramsey Group at Your Charlotte Connection to find out what your home is worth in Charlotte, North Carolina or to search all the homes listed in Charlotte, North Carolina.

Watching the North Charlotte Real Estate Market - The Ramsey Group

At The Ramsey Group we strive to watch the north Charlotte real estate market closely. One indicator of the strength of the real estate market is the current unemployment rates in the area. This information is released by the local government on a monthly basis. the Ramsey Group uses this information to help our clients know what to expect from the real estate market.

Charlotte Mecklenburg Unemployment

The unemployment numbers for Charlotte Mecklenburg are in for February 2009. They show Charlotte at 10.6% unemployment for February of 2009. This, compared to the same period last year is a 1.1% increase.

Surrounding Area Unemployment Rates

To learn more about the Mecklenburg and surrounding counties unemployment rates visit the Charlotte Business Journal article on the Mecklenburg Unemployment Rates.

Visit The Ramsey Group at Your Charlotte Connection for information about the Charlotte Real Estate Market.

Highland Creek is a North Charlotte neighborhood filled with all kinds of amenities.

As residents of Highland Creek for over 15 years Mark and Lisa know this neighborhood very well. In fact, we love Highland Creek so much that we moved from one house to a larger one right in the same community!

To learn more about Highland Creek and all the communities in Charlotte, North Carolina visit our Highland Creek Page of Your Charlotte Connection from The Ramsey Group.

Charlotte, North Carolina Real Estate Market

The real estate market in north Charlotte is starting to pick up speed! At the same time the mortgage rates for 15yr and 30yr loans are low and stable. So home buyers would be prudent to look at the Charlotte, NC real estate market as a great investment that they can get at a great rate. First-time home buyers can add the federal housing incentives to the great market and great mortgage rates. All in all, it's the best time to buy real estate in Charlotte, North Carolina!

For more information visit Updated Mortgage Rates for Homebuyers.

For more information on the Charlotte Real Estate Market visit The Ramsey Group at Your Charlotte Connection.

WARNING: If you get easily offended skip to the next article

It is true, the real estate market in Charlotte, North Carolina is similar to the rest of the country... It is slow. I continue to preach that there is not a credit freeze or a real estate freeze but I just had to use the term in the title of this article because it worked so well!

So, what will make the market start moving again? It's simple, buyers and sellers! DON'T STOP READING NOW... THERE'S MORE TO IT. While that may sound simplistic, it's true. This begs the next question, how do we get more buyers and sellers so the market will pick up? This is a little more complicated but still something a 5th grader could understand!

If you get offended easily you should stop reading right now. Otherwise, enjoy reading what you need to know to survive in today's real estate market!

BUYERS:
Many home sellers have figured out the reality of this real estate market - the properties are in a beauty contest and a price war at the same time. These sellers are making the needed improvements and lowering the price so that they are competitive. Go out with a real estate agent who knows how to find these properties for you and take your pick! More buyers are starting to realize this and the best deals are starting to be purchased. Don't wait until you are stuck with the remaining unrealistic sellers!

SELLERS:
Look around... the homes that are selling in this market are priced low and are fixed up wonderfully. Buyers have their choice of many fine properties. They don't want to buy a house with to-do items!!! You need to neutralize the paint, get rid of the clutter and clean, clean, clean! We know everyone knows someone who sold their home for a higher price but the odds are against that. So, if you want to get in the game you have to know how to play the game and then you have to play it that way. There are several things you can do to improve your property for little of no money. Ask a real estate agent who studies the latest trends and has knowledge of what to do and how to do it. Then, follow that advice! You'll be happy you did because the smart buyers who are out looking for the perfect home right now will get a deal and you will get your home sold so you can go get a deal yourself!!!