Raine's Blog

For the SW Charlotte area, the following is the real estate market report: 48 properties SOLD! Average Square feet = 2017 Average Bedrooms = 3 Average Baths = 2 full, 0 half Average LIST PRICE = $162,456 Average SOLD PRICE = $156,694 Average DAYS ON MARKET = 69 The Average SALES PRICE for the sam...

The following information is for the NW Charlotte real estate market: 45 properties SOLD! Average Square feet = 1699 Average Bedrooms = 3 Average Bathrooms = 1 Average LIST PRICE = $102,775 Average SOLD PRICE = $99,723 Average DAYS ON MARKET = 96 The Average SALES PRICE for the same month, one ye...

For the month of March 2010, here is the market report for the University area: 43 properties SOLD Average Square feet = 2264 Average Bedrooms = 3 Average Baths = 2 full, 0 half Average LIST price = $182,145 Average SOLD price = $175,531 The average SALES PRICE for the same month, one year ago (M...

For the month of March, the following data reflects the Ballantyne area real estate market: 49 properties SOLD Average square footage = 2797 Average Bedrooms = 3 Average Baths = 2 Full, 0 Half Average LIST price = $319,468 Average SOLD price = $305,052 Average DAYS ON MARKET = 98 The average Sale...

If you were on official duty outside the United States for at least 90 days between January 1, 2009 and May 1, 2010, you may qualify for a one year extension to the infamous $8,000 and $6,500 federal tax credit. A binding sales contract must be in place before April 30, 2011 and the transaction m...

Well, answering that question may be hazardous to your health. If you're in the market to buy, working with a Realtor will be one of your best choices.  In today's real estate market there is lots to learn, and real estate is simply not a "Do-It-Yourself" network! With foreclosures still on the r...

I strongly feel that it will not for a couple of reasons: 1) Last year 2009 when the tax credit was about to expire, I would say there were talks, or a buzz about its extension in my industry about a month prior to the expiration date.  This year, there is no chatter. 2) The IRS stopped processin...

Ok, so you've decided to buy a house and know the best thing to do is work with a Realtor.  Good choice!  Here are some things you need to know when working with Realtors: 1) Relax! Realtors have a Code of Ethics that you can assume will keep them in line while working on your transaction.  Inclu...

There is approximately 5 more days before any purchase is eligible for first time home buyers $8,000 tax credit, and $6,500 tax credit for homeowners purchasing a new home.  The crunch is on! Over the past couple months, I've had people ask me if the tax credit will be extended again.  I tell the...

Let's put it like this...would you buy a car without test driving?  Would you buy shoes without trying them on? The same mentality is needed when buying a house.  A house is an even bigger investment, so inspecting it before you buy is more than right, especially if you plan to move your family t...