Charlotte, commonly known as the Queen City of the South is nestled in the western Piedmont, or foothills of North Carolina. Charlotte and its resident county are named in honor of the German Princess Charlotte of Mecklenburg, who had become queen consort of British King George III the year before the city’s founding. It is the largest city in the State of North Carolina with a population of about 756,000 as per US census bureau, making it the 18th largest city in America.

Whether you’re relocating to Charlotte or any of our neighboring counties, you’ll find there is a lot to like about this region. Charlotte’s tremendous growth rate is reflected in the housing market which has been steadily growing for years, and yet still affordable compared to other housing markets in the nation. The city offers an array of homes from cozy bungalows, modest ranch houses or two-story Georgians, to custom-built mansions, ginger-breaded Victorians or contemporary condos, both existing and new construction, giving people a large varieties of homes to suit the most discriminating buyer. The same variety abounds in residential lifestyle from Uptown living or suburban locations, to comfortable old towns or new-home communities, urban homesteading and prime Piedmont countryside.

The Charlotte real estate region is a collection of towns and neighborhoods, including lakefront living that comes with its own unique personality and home styles. Nearby cities and small towns include Concord, Belmont, Mt. Holly, Matthews, Indian Trail, Fort Mill SC, Monroe, Pineville, Lake Wylie, Waxhaw, Mint Hill, Stallings, Huntersville, Wesley Chapel, Weddington, Rock Hill SC, and Lake Norman.

Charlotte North Carolina Real Estate is a great investment opportunity for future appreciation especially in the current market. With it’s tremendous growth trends, buying real estate in the Charlotte North Carolina area would be a smart decision! Charlotte Homes are priced well below the national average. You get more house for the money than in other fast growing cities.

Luxury Homes are located in North and South of I- 485 corridor. Beautiful luxury communities include Ballantyne Country Club, Providence plantation, Piper Glen, Dilworth, Myers Park, Providence country club, Skybrook just to name a few. You will find awesome schools and low property taxes in the fast growing Union County area! Some of the top Luxury Home Communities in Union County are Providence Downs South, Providence Downs, Longview, Kingsmeade, Stratford on Providence, Highgate, Firethorne, Chatelaine, Skycroft, Sedgefield, & Wyndham Hall and many more.

Lake Wylie area features elaborate waterfront luxury homes in gated communities such as Reflection Pointe, Woodland Bay, Misty Waters, Handsmill, River Hills, The Sanctuary and The Palisades.

Lake Norman offers many beautiful lakefront scenery in many high end residential communities on the lake such as The Point, The Peninsula, Sailview, The Farms, Skybrook, Birkdale and many more.

Like anything else, real estate prices in the charlotte region is a function of demand and supply. While new construction is the traditional driver of supply in real estate, foreclosures now have a strong impact on inventories in the Charlotte region. Rising inventories, through construction or foreclosure, place downward pressure on the median home prices, a great opportunity for buyers.

North Carolina foreclosure listings contain hundreds and, at times, thousands of properties in the state of foreclosure. You may not be looking for a primary residence at this time, however, a vacation home may be something you have always dreamed of owning. This may be the perfect time to check out the hordes of vacation properties found on the North Carolina foreclosure listings.

Todays economy has forced many into experiencing financial difficulties. If the financial situation becomes dire, some of the individuals luxury items are where the payments are in default. This is particularly true for vacation or second homes. To those looking to invest in a vacation home or second home, you may just be in luck.

When seeking to invest your hard earned money into a North Carolina vacation home, look to North Carolina foreclosure listings first. The housing market in general is in a slump and many persons have found they are laden with properties which have not been able to sell and they have now defaulted on their payments. These vacation homes in foreclosure generally are priced anywhere from 10% to 50% below market value. This savings is built in equity for you to enjoy and to build on.

Now, what makes this type of investment a wise one is that you can use this same property to rent out when you are not using it. In essence, your renters can help you in paying off your mortgage, taxes, maintenance fees etc. As you can tell, there are numerous benefits to owning vacation property.

Start your search by researching the number one real estate rule “Location, Location, Location. From there you can focus on areas which will fulfill your needs. If using this as investment property for rentals, you may want to focus on waterfront property or properties which have restauraunts and shopping in close proximity. Maybe you want some peace and quiet, so a place in seclusion situated on acreage may be just right also. Whatever your desires may be, it is very likely you will be able to find something in a North Carolina foreclosure listing!