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Friday, January 30, 2009

Charlotte Condominiums

By R. Kim

Many Charlotte condominiums are in foreclosure proceedings. This make buying a condo in Charlotte North Carolina a breeze. Like the rest of the country the housing market in Charlotte has been hit hard as the country is grappled with financial problems. While the prices have been increasing in the building boom of the early 2000's, the price decline has been lower than other areas like Las Vegas or Southern Florida which were once a sizzling market.

In Charlotte you can chose to live in Uptown or live in suburb, you can find a condo that is well suited to your needs. Within last couple of years many condo development have increased the available Charlotte condominiums in the market.

There are plenty of bargains whether it is condo conversion or a new constructions. With the interest rate at all time low and $7,500 tax credit for first time buyers, the opportunity of lifetime is knocking at your door, you just have to act.

Being the largest city in North Carolina and the twentieth largest city in the United States with over 600,000 residents working and living in greater Charlotte area you can find what you want. If you are looking for a home, Charlotte certainly is great place to live, work, and raise a family.

The advantages of Charlotte condominiums are that it is convenient and the association takes care of the repair and maintenance of the building, so you can live without worrying about mowing lawns or changing light bulbs. You can also look for auctions and short sales that will save you tremendous amount of money, not the high prices you had to pay couple of years ago.

So, if you have done your research, check out MLS listings or with a real estate agent who is experienced with Charlotte market. The agent will help you find condo that fits your needs, but you will ultimately make that decision.

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