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With the current economic climate, everyone is looking for some savings and assistance wherever possible.  If you haven't looked into refinancing, you may want to make a call to see if you may be eligible to save some money on your housing payment.  Despite the news of tightening credit standards, home refinances are at record highs as interest rates are at 40yr lows. 

With low interest rates, competitive property prices, and enticing tax credits, first time home buyers have a lot of incentive to look for a home in 2009.  If you know a friend or family member looking to become a first time home buyer, you may want to pass the attached 1st Time Homebuyer Tax Credit pdf on to them along with my name. I would greatly appreciate any referral you can send my way.

Last Updated on Monday, 04 May 2009 13:24  

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Newsflash

CHARLOTTE, N.C. – CRRA reports on the residential real estate market in this region based on Carolina Multiple Listing Services, Inc. (CMLS) data.  The number of closings for March 2009 (1,671) rose 24 percent over last month when closings totaled 1,348.  Closings compared to the same period a year ago (2,659) decreased 37.2 percent.  The average sales price for March 2009 ($191,433) increased 4.7 percent over last month ($182,865) but is down 13.2 percent when compared to March 2008 ($220,620).  The average listing price of solds in March 2009 ($216,135) decreased 7.6 percent over  March 2008’s average list price of $233,882 and increased 4.8 percent over last month’s list price ($206,172).