9. There is a lot to choose from.
In the Charlotte region, there are 7,175 single family homes, townhouses and condominiums on the market BELOW $150,000! The buyer does not have to make concessions BUT the best located and well priced home will not stay on the market for long.
10. Sooner or later, the market will clear.
Once the foreclosures are worked through and the job market gains momentum, housing will stabilize and appreciation will again be the norm. Again, the “bubble” was created by unethical lending practices and a false sense of the market depth was created.
During the “bubble” a home was considered a house or as an investment instead of a home.
We will again return to our values and our home will again become our American Dream.
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