Research Triangle Park - Home builders in Durham and Wake county are anticipating increased demand for housing in the Triangle. In Durham alone the number of building permits issued increased 44 percent over this time last year. Builders such as Beazer, DR Horton and Toll Brothers have increased their inventory of building lots and...
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Local Real Estate Report
Charlotte Foreclosure Best Buy
Built in 2007 and sold for $238,000. Now $160,000 ! 2600 square feet of living space, 4 bedroom, 2.5 bath, living room, dining room, gourmet kitchen, sunroom and 2 car garage. Hardwood floors through out, granite, stainless steel appliances. Fenced-in back yard with low maintenance vinyl fence. Located in northeast Charlotte. Close to...
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Builder Lease Back Available !
Estimated $350 Positive Cash Flow Per Month ! A Charlotte based builder is offering one model home loaded with upgrades for $157,464. This price includes a $10,000 discount to help increase the cash flow for the investor. Features include: 2300 Square Feet of Living Space 2 Car Garage 9 foot ceilings Granite countertops Stainless...
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VA Vendee Financing: Buy VA Foreclosures With Special Financing
The Veterans Administration is offering to the general public a wonderful opportunity to buy VA foreclosures for personal use or for investment. The highlights of this program include: 1. Low fixed rate financing – 4.5% for 30 years. 2. No mortgage insurance 3. Do Not need to be a veteran. 4. No property limit...
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Senate Health Care Bill Threatens Home Building Recovery
Last-minute provision would require many small construction firms to provide health insurance to all employees. Hannah Schroder, HousingZone Contributing Editor December 22, 2009 HousingZone In an attempt to garner the votes needed to pass a massive health care overhaul before Christmas, Senate Democrats have included a last-minute provision targeting the construction industry that...
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Buyer’s Market or Seller’s Market? Which is it?
Actually, it is neither.The truth is it is actually a lender’s market! It is also true that to a degree it has been a buyer’s market for most of the country. This occurs when the supply of homes for sale exceeds demand, creating a situation where homes take longer to sell and where...
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