Charlotte NC Homes for Lease

*** Home for Lease ***

St John Forest

Monroe NC 28110

Call today for more details

704 564 0807

• 5 Bedroom Home
• 3 Full baths
• Large open floor plan
• Eat in kitchen
• Dining room
• Living room
• Family room with fireplace
• 2 Car garage
• Professionally Cleaned

Call or Text Rich today at 704 564 0807. Email at Rich@RichFerretti.com Rich has been helping people home for over 25 years. Let Rich help you find the perfect home or investment property. Start your home search at www.RichFerretti.com

Charlotte Market Update from Rich Ferretti: Now is the Time to Buy!

I am happy to report that existing-home sales showed signs of re-birth in the second quarter of '09 up from the first quarter in most states, and price declines have increased many buyer's ability to afford homes in most metro areas, according to the latest survey by the National Association of Realtors®.

Total state existing-home sales, including single-family and condos, lept 3.8 percent to a seasonally adjusted annual rate of 4.76 million units in the second quarter from 4.58 million units in the first quarter. However, they remain 2.9 percent below the healthy 4.90 million-unit pace in the second quarter of 2008.

Thirty-nine of the 50 states experienced sales increases from the first quarter, and nine states were higher than a year ago; the DC area showed both quarterly and annual rises.

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Do you need help finding your dream home? Just tell me what you are looking for and I will search all of our sources and provide you with a convenient report of all the properties in which you may be interested, complete with photographs of the properties and detailed neighborhood information. Now IS the time to BUY!!

After two years of home price declines, does it make sense to buy again? A new study tries to answer that question by looking at two related issues: the home price-to-rent relationship in certain housing markets, and the likelihood that homeowners in today’s market will gain equity in the next five years. Of course, the answer depends on where you’re looking to live and how large of a home you’re thinking about buying. The bottom line: homeownership in the Charlotte area continues to become more affordable compared to rents in most housing markets. Are you renting and not sure if you consider buying a home or not? Contact me and let me assist you in determining if the right choice for you is to Rent or Buy.

If you would like to know the current value of your home, your potential net proceeds, and the benefits of buying or selling now, please contact me. If you have any friends or family that could benefit from my assistance, definitely give me a call.

Below are the highlights of our area's monthly statistics. If you scroll down, you can see all the detailed charts.

June 6 - July 5, 2009
Contracts Reported 2167
Closings 2024
Avg. Listing Price $223,470
Avg. Closing Price $218,728
Avg. Days for List to Close 144.5
Total Active Listings 28,657

July 6 - August 5, 2009
Contracts Reported 2341
Closings 2223
Avg. Listing Price $238,629
Avg. Closing Price $212,977
Avg. Days for List to Close 145.2
Total Active Listings 28,150

If you would like a Market Analysis on your property to see how the value has changed, please let me know. You can also sign up for the Market Snapshot report on my website. The report will be emailed to you monthly to ensure you are knowledgeable about the activity in your neighborhood. Just go to http://www.richferretti.com./ and fill in your information within the Market Snapshot box on the right hand side of the page, then click the Next button. You can also search for any properties in the MLS from my website.

Whether you're buying a new home in Charlotte, investing in property or selling a house, feel free to contact me, and I will be happy to help you with all of your real estate needs.

Helping People Home for Over 20 Years!

Rich Ferretti
Realtor/Broker NC/SC
Charlotte, North Carolina
704-564-0807 Direct
http://www.richferretti.com/Rich@RichFerretti.com
Listen to us on the Radio every Saturday from 2-3pm. WBT-Talk Radio 1110am.


Want more information about the Mint Hill, Matthews and Charlotte area real estate market?
Check out www.minthillrealty.com

Charlotte Home Sales Improving

Source: Charlotte Observer - Latest home sales news … some improvement, By Stella Hopkins July 9, 2009


There is good news in the Charlotte real estate market: In June, he Charlotte-area home sales and prices showed some decent improvement.

In the Charlotte region last month, there were 2,024 houses, townhouses and condos sold, down just a bit less than 26 percent compared with June of 2008, (Charlotte Regional Realtor Assoc.) That was the smallest percentage decline since March of 2008.

June was also the first month since September 2008 with more than 2,000 closings.

The Charlotte area saw its highest average home sales price since August 2008 ($218,728), for MLS transactions. Another good sign: last month's saw the smallest annual decrease since October 2007 in pending sales of 18 percent. (Pending sales are houses under contract but not yet closed). Good news for future sales in Charlotte.

Things are looking up!

Rich Ferretti
Mint Hill & Matthews Realty

Want more information about the Mint Hill, Matthews and Charlotte area real estate market?
Check out http://www.minthillrealty.com/

July Local Market Update from Rich Ferretti

Charlotte's real estate market is still defying national trends. With over 1900 closing reported for the month of May and the number of active listings up by over a 1000 listings from April, the Charlotte area market is showing an upswing--and doing so despite the under-performance of similar-sizes US cities.

Charlotte has also become the 18th-largest city in the country during the year ending July 1, 2008, according to the U.S. Census Bureau. Our beautiful Queen City had 687,456 residents, up 2.7 percent from 669,205 the previous year. The growth is strong and steady, and Charlotte is now ranked the 23rd fastest-growing city in the United States.

Need help finding your dream home? Just tell me what you are looking for and I will search all of our sources and provide you with a convenient report of all the properties that you may be interested in, complete with photographs of the properties and detailed neighborhood information. Now IS the time to BUY!!

If you would like to know the current value of your home, your potential net proceeds, and the benefits of buying or selling now, please contact me. If you have any friends or family that could benefit from my assistance, definitely give me a call.

Below are the highlights of our area's monthly statistics.

April 6 - May 5, 2009
Contracts Reported 2269
Closings 1773 Avg.
Avg. Listing Price $228,550
Avg. Closing Price $201,352
Avg. Days for List to Close 150.6
Total Active Listings 28,275

May 6 - June 5, 2009
Contracts Reported 2360
Closings 1912 Avg.
Listing Price $223,470
Avg. Closing Price $199,243
Avg. Days for List to Close 144.5
Total Active Listings 28,657


If you would like a Market Analysis on your property to see how the value has changed, please let me know. You can also sign up for the Market Snapshot report on my website. The report will be emailed to you monthly to ensure you are knowledgeable about the activity in your neighborhood. Just go to http://www.richferretti.com./ and fill in your information within the Market Snapshot box on the right hand side of the page, then click the Next button. You can also search for any properties in the MLS from my website.

Whether you're buying a new home in Charlotte, investing in property or selling a house, feel free to contact me, and I will be happy to help you with all of your real estate needs.

Helping People Home for Over 20 Years!

Rich Ferretti
Realtor/Broker NC/SC
Charlotte, North Carolina
704-564-0807 Direct
http://www.richferretti.com/
Rich@RichFerretti.com

Would you like more information about the Mint Hill, Matthews and Charlotte area real estate market?

Check out http://www.minthillrealty.com/

Market Conditions and Newsletters

I have released my July e-Newsletter and my video newsletter. These two resources are packed full of real estate news, as well as Charlotte market conditions. I welcome you to check these out and subscribe if you are interested. Topics include information on real estate loans, effective selling, What you should know about a "buyer's market" and much much more.

Rich Ferretti's Charlotte Real Estate e-Newsletter
Rich Ferretti's Charlotte Real Estate Video Newsletter

If there is any real estate topic on which you would like more information, especially as it pertains to the Charlotte area residential market--I would love to hear from you. Comment below or send me an email.

Want more information about the Charlotte area real estate market? Check out www.richferretti.com