July 2010's miserable residential real estate sales have, once again, renewed fears of a double dip recession and more trouble ahead for the housing sector. In many parts of the country, the end of the $8,000 First Time Home Buyer Tax Credit at the end of April created a sales bubble that result
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08/30/2010
MY FIRST SALE, the popular primetime HGTV show, is looking for first-time home sellers (and their real estate agents!) in the Charlotte NC area. We are looking for fun, high-energy people who are just starting the process of selling their first place! Our cameras will be there to capture all th
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08/19/2010
Rap star Chamillionaire admitted to TMZ in June that he simply walked away from a mansion that he owned outside Houston as the market tanked. "So I just decided to make a business decision, to let it go, give it back to the bank. I just didn't feel like it was a good business investment to keep
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08/14/2010
SHORT SALES IN NORTH CAROLINA Over the past couple of years I have observed the rise of the Short Sale. At a recent National Reo Brokers Association function, the President of REOMAC, one of the major default industry trade organizations indicated that 2010 would be the year of the ShortSale.
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08/14/2010
If you are reader of my blog, you get a different picture of the Charlotte Real Estate market than if you simply followed the local media reports on the Charlotte market. This became more glaringly apparent this month as my sales figures were 15% below the stats the local media reported on Augus
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08/12/2010
A couple of days ago, I posted about a program headed to North Carolina through the North Carolina Housing Finance Agency, to help make mortgage payments to struggling homeowners facing foreclosure. Well, the good news is that you no longer have to be out of work or have a hardship to get the go
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08/09/2010
Just a quick disclosure: This data was compiled on 8/4/2010 at 11:00am EST. Twelve more sales have been posted as of 5:30pm however most of the overall sales picture will not change that much. This represents single family and condo / townhouse sales in Charlotte North Carolina from 7/1/2010 - 7
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08/04/2010