Don’t be fooled by the sweet Southern accent; Charlotte is the second-largest banking capital in the U.S., behind New York City. With the University of North Carolina nearby and tons of cultural attractions, this is a city that won’t get tired. The market is reflecting what residents already know: Median home prices hopped to $205,400 [...]
For the third year in a row, Dallas-area home sellers are hoping the spring housing market will end the residential sector freeze. It’s too early to tell. A flood of foreclosures, home financing hurdles and an iffy national economy are all keeping the housing rebound in check. And Texas has been a few step behind [...]
Since 2000, Jacksonville’s population has grown an impressive 8%. Meanwhile, median home prices have climbed 14% in the last 24 months to $189,200. Along with its other virtues, sunshine-rich Jacksonville came in at No. 3 in a Cleanest Cities list thanks to fresh air and clean water.
If you’re looking to buy a home in the wake of the recent housing crisis you have to be prepared. Lenders are making it more difficult than ever to obtain a mortgage, so it’s important to line up your financing in advance. Besides, knowing in advance how large a loan you qualify for will prevent [...]
Many experts will tell you, whether you’re buying residential or commercial real estate, getting a survey done of the property is critical. Don’t be confused by a mortgage survey, this is not for your benefit. A stake survey or boundary survey will document the corners of your property and detail the exact location of all [...]
Unrealistically high residential property prices may delay a recovery in the real estate sector and ensure that the market remains stagnant, according to a prognosis published by the National Association of Estate Agents. A large number of buyers are turned away from purchasing their first home by asking prices that far exceed realistic levels in [...]