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Sunday, February 1, 2009

Finding a home in 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.

You can find a bargain in a new construction or apartment conversion to condos. With the interest rate at all time low due to the recent upheaval in the US economy, this is opportunity of lifetime for those who are seeking a residence.

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.

Some of the advantages of Charlotte condominiums are convenience, the condo association takes care of all the repairs and maintenance of the property, so you don't have to worry about mowing the lawn or repairing windows. There is also plenty of foreclosure auctions as well as short sales that will save you lots of money, you don't have to pay the high prices you have to pay few 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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