Charlotte Real Estate » blog

New FHA Insurance rates take effect soon!

admin — Wed, 15 Sep 2010 02:16:43 +0000

Upfront premium going down……..HOWEVER Monthly premium will have considerable increase!

The FHA’s new mortgage insurance rates are effective for case numbers issued after October 4th. The upfront insurance is going down but the monthly premiums are going up which is going to create an unwelcome payment increase for those who started their shopping at the old rates. To take advantage of the current rates, buyers will need to act now. A case number can be obtained as soon as there is a fully executed purchase agreement. The new upfront premium will be 1.0% but the additional monthly premium for the minimum down payment borrower is going up from .55% to .90%.

Charlotte area February Residential Stats

admin — Fri, 19 Mar 2010 14:37:56 +0000

According to Carolina MLS
Homes Sold- 1,397
Ave List Price: $216,605 / Ave Sold Price: $191,288
New Listings: 4,918
Pending: 1,954
Withdrawn: 1,250
Expired: 1,241
On Market: 24,043
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This information may be subject to errors and should be verified by the user.
* – The ‘On-Market’ figure includes contingent, conditional and active listings.
The CMLS official designated service area consists of 10 counties – Alexander, Anson, Cabarrus, Gaston, Iredell, Lincoln, Mecklenburg,
Montgomery, Stanly and Union – and the city of Kannapolis.

Interested in Charlotte NC Real Estate?

admin — Sun, 28 Dec 2008 01:58:08 +0000

Hello! and welcome to my new landing page……home to all you Real Estate bloggers. I’m experimenting with this whole blogging concept and hope you’ll join me in making it a successful launch. I’m also designing this site to be a simple starting place for those arriving here only to search homes for sale or to gather quality information from one of my many Charlotte related websites.
You will notice to the right, there are navigation links listed under “Blogroll” and “Finance” to help guide and take you where you want to go. Please visit them and let me know if you see any improvements that can be made. And of course if you have a Real Estate or Charlotte NC comment or question, feel free to start posting. You can also subscribe to this blog by providing your name and email in the upper right corner. Thanks for stopping by and let me know if there is anything I can do to better serve your real estate needs.