<?xml version="1.0"?><rss version="2.0"><channel><title>Davidson North Carolina Real Estate News &amp; Listings Presented By RE/MAX Metro</title><link>http://www.mayesharrisrealty.com</link><description></description><lastBuildDate>Fri, 03 Sep 2010 23:02:55 GMT</lastBuildDate><item><title>COMMUNICATION...with who?</title><description><![CDATA[<p>It keeps hitting me right between my eyes....HOW TO PEOPLE WANT TO BE COMMUNICATED WITH....so I thought I would let you know what I've been reading and experiencing.</p>
<p>I was fortunate to attend the Annual Star Power Conference for real estate professionals...In my opinion, the most elite professionals in the business. The founder of Re/Max, Dave Liniger spoke about this;&nbsp;&nbsp;Alex Perriello, president and CEO of the Realogy, spoke about this; Dave Ramsey, creator of The Dave Ramsey Show, spoke about this....<em>How do we communicate in the world when we have four generations working together, socializing together, standing the the grocery line together.</em></p>
<p>The following thoughts are shared from the folks above and also experienced individuals in the Charlotte Real Estate Market. We can use these ideas to better our communication each and every day.</p>
<p><span style="text-decoration: underline;"><span style="font-family: comic sans ms,sans-serif;">Generation Y</span></span>are the people born after 1978...these are the most "techy" folks on the planet. They need immediate feedback...text is the key.</p>
<p><span style="text-decoration: underline;"><span style="font-family: comic sans ms,sans-serif;">Generation X</span></span> are my fellow humans born between 1965 and 1977. We like email the best. We are driven and like the personal meetings for real issues.</p>
<p><span style="font-family: comic sans ms,sans-serif;"><span style="text-decoration: underline;">Baby Boomers</span> </span>are the folks born between 1946 and 1964. As quoted from Charlotte Magazine. 'they often have a love/hate relationship with technology....prefer face to face'.</p>
<p><span style="text-decoration: underline;"><span style="font-family: comic sans ms,sans-serif;">Veterans</span></span>are born befor 1946. They like the way they grew up...talking face to face.</p>
<p>I think it is important to know the most effective way to communicate with what ever age group we may be dealing with. (but never doubt the traditionalists because they have given us a great foundation)</p>
<p>&nbsp;</p>]]></description><link>http://www.mayesharrisrealty.com/Blog/COMMUNICATIONwith-who</link><guid>http://www.mayesharrisrealty.com/Blog/COMMUNICATIONwith-who</guid><pubDate>Sun, 15 Aug 2010 21:12:00 GMT</pubDate></item><item><title>1 Mayes, Huntersville, NC 28078</title><description><![CDATA[<img src="http://www.mayesharrisrealty.com/property/1-Mayes-Huntersville-North-Carolina/images/noimage.jpg?size=ListingThumbnail" title="" alt="No image available" style="float:left; padding:3px;" />Once in a lifetime opportunity to purchase a 2 acre lot in North Mecklenburg and choose your own builder. Call listing agent now for details. Soil evaluation and plat attached in media]]></description><link>http://www.mayesharrisrealty.com/property/1-Mayes-Huntersville-North-Carolina</link><guid>http://www.mayesharrisrealty.com/property/1-Mayes-Huntersville-North-Carolina</guid><pubDate>Sun, 15 Aug 2010 13:08:59 GMT</pubDate></item><item><title>3 Mayes, Huntersville, NC 28078</title><description><![CDATA[<img src="http://www.mayesharrisrealty.com/property/3-Mayes-Huntersville-North-Carolina/images/noimage.jpg?size=ListingThumbnail" title="" alt="No image available" style="float:left; padding:3px;" />Once in a lifetime opportunity to purchase 11+ acres in North Mecklenburg and choose your own builder.]]></description><link>http://www.mayesharrisrealty.com/property/3-Mayes-Huntersville-North-Carolina</link><guid>http://www.mayesharrisrealty.com/property/3-Mayes-Huntersville-North-Carolina</guid><pubDate>Sun, 15 Aug 2010 13:08:59 GMT</pubDate></item><item><title>7836 Sandtrap DR, Stanley, NC 28164</title><description><![CDATA[<img src="http://www.mayesharrisrealty.com/property/7836-Sandtrap-DR-Stanley-North-Carolina/i/248085/0/t?pid=" title="" alt="" style="float:left; padding:3px;" />Beautiful master on main home! Walk to Cowans Ford Country Club for golf &amp; more. Spiral staircase at entrance &amp; Hardwood floors;gourmet kitchen w/tons of cabinets; granite countertops; KitchenAid stainless appliances; lg pantry; utility room. Breakfast room leads to exterior covered porch &amp; trex deck. Stone see-thru oversized fireplace. Custom tilework.]]></description><link>http://www.mayesharrisrealty.com/property/7836-Sandtrap-DR-Stanley-North-Carolina</link><guid>http://www.mayesharrisrealty.com/property/7836-Sandtrap-DR-Stanley-North-Carolina</guid><pubDate>Wed, 11 Aug 2010 13:02:35 GMT</pubDate></item><item><title>14705 E Rocky River RD, Davidson, NC 28036</title><description><![CDATA[<img src="http://www.mayesharrisrealty.com/property/14705-E-Rocky-River-RD-Davidson-North-Carolina/i/247584/0/t?pid=" title="" alt="" style="float:left; padding:3px;" />Two homes on two parcels sold as ONE.  Priced below appraisal. Shared driveway easement. First house/ranch currently used as home office with 1326 sq ft and .96 acre. Second home with 1857 sq ft  with 17.4 acres. Unbelieveable opportunity for horses and more. Small portion of back of property in floodplain. Survey available.]]></description><link>http://www.mayesharrisrealty.com/property/14705-E-Rocky-River-RD-Davidson-North-Carolina</link><guid>http://www.mayesharrisrealty.com/property/14705-E-Rocky-River-RD-Davidson-North-Carolina</guid><pubDate>Sun, 08 Aug 2010 13:02:41 GMT</pubDate></item><item><title>19930 Wooden Tee DR, Davidson, NC 28036</title><description><![CDATA[<img src="http://www.mayesharrisrealty.com/property/19930-Wooden-Tee-DR-Davidson-North-Carolina/i/246458/0/t?pid=" title="" alt="" style="float:left; padding:3px;" />Beautiful traditional front porch home! Hardwoods on main level; upgraded cabinets; open floorplan; flat, large lot]]></description><link>http://www.mayesharrisrealty.com/property/19930-Wooden-Tee-DR-Davidson-North-Carolina</link><guid>http://www.mayesharrisrealty.com/property/19930-Wooden-Tee-DR-Davidson-North-Carolina</guid><pubDate>Wed, 04 Aug 2010 13:02:09 GMT</pubDate></item><item><title>14828 Rocky Top DR 14828, Huntersville, NC 28078</title><description><![CDATA[<img src="http://www.mayesharrisrealty.com/property/14828-Rocky-Top-DR-14828-Huntersville-North-Carolina/i/245927/0/t?pid=" title="Skybrook Townhome" alt="Golf townhome" style="float:left; padding:3px;" />Perfectly beautiful end unit with 18th hole view. Featuring dual decks to maximize your views. Walking distance to driving range and club house. Surround sound in basement. Gas grill hookup on deck. Tons of hardwoods. Gourmet kitchen with granite countertops &amp; cherry cabinets. Gas log fireplace in two story greatroom. Master suite is on the main level with huge closet. Tons of storage everywhere.]]></description><link>http://www.mayesharrisrealty.com/property/14828-Rocky-Top-DR-14828-Huntersville-North-Carolina</link><guid>http://www.mayesharrisrealty.com/property/14828-Rocky-Top-DR-14828-Huntersville-North-Carolina</guid><pubDate>Sun, 01 Aug 2010 13:03:02 GMT</pubDate></item><item><title>Coupons for Lake Norman Restaurants</title><description><![CDATA[<p>COUPONS! I love that word. Did you know that all you have to do is go online and print your coupon for tonights dinner (check to verify it is valid on a Friday night)?</p>
<p>Sometimes when we want to take the kids to dinner and we can't decide by 'vote' of course....we make our decision on who has the best coupon available.</p>
<p>You can go to <a href="http://www.valuepak.com">www.valuepak.com</a>, simply google the resturant like, T1 Tapas at Birkdale Village, or enjoy a weekend $5 off at Zapatas. Enjoy <a href="http://www.couponclipper.com">www.couponclipper.com</a>. &nbsp;Why pay more when you don't have to.</p>
<p>&nbsp;</p>]]></description><link>http://www.mayesharrisrealty.com/Blog/Coupons-for-Lake-Norman-Restaurants</link><guid>http://www.mayesharrisrealty.com/Blog/Coupons-for-Lake-Norman-Restaurants</guid><pubDate>Fri, 30 Jul 2010 08:41:00 GMT</pubDate></item><item><title>14828 Rocky Top DR, Huntersville, NC 28078</title><description><![CDATA[<img src="http://www.mayesharrisrealty.com/property/14828-Rocky-Top-DR-Huntersville-North-Carolina/i/244258/0/t?pid=" title="" alt="" style="float:left; padding:3px;" />Perfectly beautiful end unit with 18th hole view.  Featuring dual decks to maximize your views. Walking distance to driving range and club house. Surround sound in basement. Gas grill hookup on deck. Tons of hardwoods. Gourmet kitchen with granite countertops &amp; cherry cabinets. Gas log fireplace in two story greatroom. Master suite is on the main level with huge closet. Tons of storage everywhere.]]></description><link>http://www.mayesharrisrealty.com/property/14828-Rocky-Top-DR-Huntersville-North-Carolina</link><guid>http://www.mayesharrisrealty.com/property/14828-Rocky-Top-DR-Huntersville-North-Carolina</guid><pubDate>Sat, 24 Jul 2010 13:06:43 GMT</pubDate></item><item><title>8903 Hunters Pointe DR, Huntersville, NC 28078</title><description><![CDATA[<img src="http://www.mayesharrisrealty.com/property/8903-Hunters-Pointe-DR-Huntersville-North-Carolina/i/241150/0/t?pid=" title="" alt="" style="float:left; padding:3px;" />Cul-de-sac honme with excellent lot. Mature trees make this location private. Proximity to the elementary school; shopping; I-77; hospital. Great outbuilding. Tile back splash in kitchen. Countertops; laminate wood flooring; microwave over stove 2008; attic insulation &amp; reflective barrier. New roof 2010; new tile in 2 full baths 2010]]></description><link>http://www.mayesharrisrealty.com/property/8903-Hunters-Pointe-DR-Huntersville-North-Carolina</link><guid>http://www.mayesharrisrealty.com/property/8903-Hunters-Pointe-DR-Huntersville-North-Carolina</guid><pubDate>Sun, 11 Jul 2010 13:05:34 GMT</pubDate></item><item><title>15915 Hollingbourne RD, Huntersville, NC 28078</title><description><![CDATA[<img src="http://www.mayesharrisrealty.com/property/15915-Hollingbourne-RD-Huntersville-North-Carolina/i/239947/0/t?pid=" title="" alt="" style="float:left; padding:3px;" />Practically new! All items on prelist inspection to make home ready to move in. Newly painted interior. Open floorplan. Very flexible space. Formal living room could easily be home office. Also, main level bedroom. Flat yard! Excellent plan]]></description><link>http://www.mayesharrisrealty.com/property/15915-Hollingbourne-RD-Huntersville-North-Carolina</link><guid>http://www.mayesharrisrealty.com/property/15915-Hollingbourne-RD-Huntersville-North-Carolina</guid><pubDate>Wed, 07 Jul 2010 13:05:05 GMT</pubDate></item><item><title>15823 Kinlocke DR, Huntersville, NC 28078</title><description><![CDATA[<img src="http://www.mayesharrisrealty.com/property/15823-Kinlocke-DR-Huntersville-North-Carolina/i/238564/0/t?pid=" title="" alt="" style="float:left; padding:3px;" /><p>New roof on spacious 3 bdrm floorplan. Formal dining &amp; living/office. Sunroom presently used as children's retreat. New kitchen stainless Kenmore Appliances; maple cabinets; new kitchen/bkft floor..ceramic tile. New carpet throughout. Neutral colors. Large master w/huge walk in closet. Master bath w/separate shower; garden tub.</p>]]></description><link>http://www.mayesharrisrealty.com/property/15823-Kinlocke-DR-Huntersville-North-Carolina</link><guid>http://www.mayesharrisrealty.com/property/15823-Kinlocke-DR-Huntersville-North-Carolina</guid><pubDate>Wed, 30 Jun 2010 13:04:20 GMT</pubDate></item><item><title>Decision Time</title><description><![CDATA[<p>Now is the perfect time to buy a new home. Sellers are concerned that the value of their home is not where it should be....but take a look...you can buy up now...get more house with a great interest rate.</p>
<p>Take a look at 19206 Ruffner Drive, Cornelius, NC! This home is listed for $275,900 and truly amazing. A local agent showed this home last week and was totally amazed at what she found...the condition is 'magazine ready'. It is located conveniently to shopping and the lake.</p>
<p>&nbsp;</p>]]></description><link>http://www.mayesharrisrealty.com/Blog/Decision-Time</link><guid>http://www.mayesharrisrealty.com/Blog/Decision-Time</guid><pubDate>Fri, 26 Feb 2010 12:24:00 GMT</pubDate></item><item><title>Interest Rates Predicted to Rise in 2010</title><description><![CDATA[<p><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="font-size: 12pt;">We all know that the current low rates can't last forever.&nbsp; It's not a question of if, but when home mortgage interest rates will rise.&nbsp; </span></span></p>
<p><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="font-size: 12pt;">The following article is just one we are seeing about the future of mortgage rates.&nbsp; In addition to increasing rates, you can expect qualification requirements to continue to be more stringent. So if you are considering a possible home purchase, now may be a better time to move forward with your plan.</span></span></p>
<p><span style="color: #0000ff;"><span style="font-size: 10pt;"><em><strong><span style="text-decoration: underline;"><span class="article_title">Interest Rates Predicted to Reach 6%</span> <br /></span></strong>Interest rates are likely to rise to 6 percent by the end of 2010, predicted Amy Crews Cutts, deputy chief economist at Freddie Mac.<br /><br />The end of the Federal Reserve program that buys mortgage-backed securities will drive rates higher because private buyers will demand more return than the Fed.<br /><br />"Extraordinary resources have been put into keeping the rates down and supporting the mortgage markets and it's hard to imagine that the rates can go much lower than they are," Crews Cutts said. "Anything we get at or below 5 percent is a gift at this point."<br /></em><br /></span></span><strong><span style="color: #0000ff;"><span style="font-size: 10pt;"><em>Source: Washington Post, Dina ElBoghdady (12/26/2009)</em><br /></span></span></strong></p>]]></description><link>http://www.mayesharrisrealty.com/Blog/Interest-Rates-Predicted-to-Rise-in-2010</link><guid>http://www.mayesharrisrealty.com/Blog/Interest-Rates-Predicted-to-Rise-in-2010</guid><pubDate>Mon, 28 Dec 2009 21:52:00 GMT</pubDate></item><item><title>Dave Liniger, Founder of Re/Max in Charlotte</title><description><![CDATA[<p>Demand Success Today and Tomorrow was the title to Dave Liniger's message. He engaged an audience so that you could hear a pin drop. As agents we want to know how to prosper in real estate sales in today's economy and in the market ahead and he gave us just that.</p>
<p>It is so important for real estate agents to have expertise in short sales, foreclosures, REOs. It is going to be our business for the next several years. Although some folks may think it doesn't affect them...it most certainly affects everyone....absolutely everyone in America.</p>
<p>Liniger has been instrumental in the new guidelines released this week from the Department of Treasury on short sales.</p>
<p>Our team is eager to communicate the knowledge we have gained to our buyers and sellers to make real estate experiences what they should be.....a very fond memory.</p>]]></description><link>http://www.mayesharrisrealty.com/Blog/Dave-Liniger-Founder-of-ReMax-in-Charlotte</link><guid>http://www.mayesharrisrealty.com/Blog/Dave-Liniger-Founder-of-ReMax-in-Charlotte</guid><pubDate>Wed, 09 Dec 2009 18:17:00 GMT</pubDate></item><item><title>Holiday Shopping</title><description><![CDATA[<p>I'm finding very strange moods while shopping this Christmas season. People seem to be moving in slow motion as if they were in a coma. Maybe it is the economy, maybe it is the sudden cold weather, maybe folks are realizing that it is the thought that counts more than the amount spent on the gift.</p>]]></description><link>http://www.mayesharrisrealty.com/Blog/Holiday-Shopping</link><guid>http://www.mayesharrisrealty.com/Blog/Holiday-Shopping</guid><pubDate>Mon, 07 Dec 2009 19:45:00 GMT</pubDate></item><item><title>Hough High School</title><description><![CDATA[<p>I am thrilled that we have an opportunity to honor such a great man! Hopefully the 'powers at be' will see that the new high school in Davidson, NC will keep it's original name of...Hough High School.</p>
<p>As a native of North Mecklenburg, I am glad that we are preserving history. My family has been here for over 200 years and my older brothers, Terry and Tim were honored to experience first hand Mr. Hough's devotion to this area.</p>
<p>It is my passion to lift up the ones before us that have made our lives easier. Please tell everyone to support HOUGH HIGH SCHOOL!</p>]]></description><link>http://www.mayesharrisrealty.com/Blog/Hough-High-School-3</link><guid>http://www.mayesharrisrealty.com/Blog/Hough-High-School-3</guid><pubDate>Wed, 02 Dec 2009 18:13:00 GMT</pubDate></item><item><title>Festival in the Park</title><description><![CDATA[<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><strong><span style="font-size: 12pt;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><em><span style="color: #000000;">Looking for something fun to do this weekend?</span></em></span></span></strong></span></p>
<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><strong><span style="font-size: 12pt;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><em><span style="color: #000000;">Check out&nbsp; Festival in the Park-Charlotte's Freedom Park</span></em></span></span></strong></span></p>
<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><strong><span style="font-size: 12pt;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><img src="http://www.mayesharrisrealty.com/agent_files/Davidson-Festival%20in%20the%20Park/image002.gif" alt="" width="522" height="695" /></span></span></strong></span></p>
<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><strong><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="font-size: 12pt;"><em>45th FESTIVAL IN THE PARK-SEPTEMBER 24-27</em></span></span></strong></span></p>
<p style="padding-left: 30px; text-align: center;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="font-size: 12pt;"><span style="color: #0000ff;"><em><strong>Thursday</strong> September 24th- 6pm-9pm</em></span></span></span></p>
<p style="text-align: center;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="font-size: 12pt;"><span style="color: #0000ff;"><em><strong>Friday </strong>September 25th KIDS DAY 10am -1pm</em></span></span></span></p>
<p style="text-align: center;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="font-size: 12pt;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="color: #0000ff;"><em><strong>Friday </strong>September 25th&nbsp; 1pm-9:30pm</em></span></span></span></span></p>
<p style="text-align: center;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="font-size: 12pt;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="font-size: 12pt;"><span style="color: #0000ff;"><em><strong>Saturday</strong> September 26th 10am-9:30 pm</em></span></span></span></span></span></p>
<p style="text-align: center;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="font-size: 12pt;"><span style="color: #0000ff;"><em><strong>Sunday</strong> September 27th 11am-6pm</em></span></span></span></p>
<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><a href="http://www.festivalinthepark.org"><span style="font-size: 14pt;"><span style="font-family: tahoma,arial,helvetica,sans-serif;"><span style="color: #ff6600;">www.festivalinthepark.org</span></span></span></a></span></p>
<p style="text-align: center;"><span style="font-family: comic sans ms,sans-serif;"><a href="http://www.FESTIVALINTHEPARK.ORG" target="_blank"></a></span></p>
<p style="text-align: center;"><span style="color: #ff6600;">&nbsp;</span></p>
<p style="text-align: center;">&nbsp;</p>
<p>&nbsp;</p>]]></description><link>http://www.mayesharrisrealty.com/Blog/Festival-in-the-Park</link><guid>http://www.mayesharrisrealty.com/Blog/Festival-in-the-Park</guid><pubDate>Tue, 22 Sep 2009 03:00:00 GMT</pubDate></item><item><title>North Carolina Real Estate Notes for Buyers &amp; Sellers</title><description><![CDATA[<p><span style="font-family: Interstate-Regular; color: #b60000; font-size: 10pt;"><span style="font-family: Interstate-Regular; color: #b60000; font-size: 10pt;"><span style="font-family: Interstate-Regular; color: #b60000; font-size: 10pt;">
<p align="left">I was reading information about North Carolina Real Estate and found this very interesting. This information is courtesy of North Carolina Association of Realtors.</p>
<p align="left">&nbsp;</p>
<p align="left">HOMEOWNERSHIP</p>
</span></span></span><span style="font-family: Interstate-Light; font-size: 10pt;"><span style="font-family: Interstate-Light; font-size: 10pt;">
<p align="left">&gt; The Pending Home Sales Index in June 2009 rose 6.7</p>
<p align="left">percent above June 2008. That&rsquo;s the first time since</p>
<p align="left">2004 that gains have been recorded for five consecutive</p>
<p align="left">months.</p>
<p align="left">&gt; N.C. existing home sales rose for the third consecutive</p>
<p align="left">month in July while posting the smallest decline in three</p>
<p align="left">years when compared to July 2008.</p>
<p align="left">&gt; Sales of newly constructed homes leaped unexpectedly</p>
<p align="left">in July to hit their highest level since last September.</p>
<p align="left">&gt; Affordability is the single greatest reason to buy in</p>
<p align="left">today&rsquo;s market. In July, the affordability index remained</p>
<p align="left">36.6 percentage points above a year ago and hovered</p>
<p align="left">near an 18-year high during the second quarter.</p>
<p align="left">&gt; The supply of homes is declining, slowly but surely.</p>
<p align="left">The inventory of homes at the end of July in 28 major</p>
<p align="left">metropolitan areas nationwide was down 2.5 percent</p>
<p align="left">from a month earlier.</p>
<p align="left">&gt; Construction of single-family homes rose in July for</p>
<p align="left">the fifth straight month, edging up to the highest level</p>
<p align="left">since October 2008.</p>
<p align="left">&gt; The $8,000 first-time homebuyer tax credit is effectively</p>
<p align="left">getting buyers off the fence and into new homes.</p>
<p align="left">First-time homebuyers accounted for 30 percent of</p>
<p align="left">homes sold in July.</p>
<p align="left">&gt; For the first time in three years, U.S. home prices rose</p>
<p align="left">in the second quarter.</p>
</span></span><span style="font-family: Interstate-LightCondensed; color: #ffffff; font-size: 36pt;"><span style="font-family: Interstate-LightCondensed; color: #ffffff; font-size: 36pt;"><span style="font-family: Interstate-LightCondensed; color: #ffffff; font-size: 36pt;">
<p align="left">FOR THE RECORD</p>
</span></span></span><span style="font-family: Interstate-LightCondensed; font-size: 14pt;"><span style="font-family: Interstate-LightCondensed; font-size: 14pt;">
<p align="left">The Real Facts of N.C. Real Estate</p>
</span></span><span style="font-family: Interstate-LightCondensed; font-size: 10pt;"><span style="font-family: Interstate-LightCondensed; font-size: 10pt;">
<p align="left">Issue 5, September/October 2009</p>
</span></span><span style="font-family: Interstate-Regular; color: #b60000; font-size: 10pt;"><span style="font-family: Interstate-Regular; color: #b60000; font-size: 10pt;"><span style="font-family: Interstate-Regular; color: #b60000; font-size: 10pt;">
<p align="left">FORECLOSURE FACTS</p>
</span></span></span><span style="font-family: Interstate-Light; font-size: 10pt;"><span style="font-family: Interstate-Light; font-size: 10pt;">
<p align="left">&gt; HUD and FHA recently implemented the &ldquo;Making</p>
<p align="left">Home Affordable Loan Modification Program.&rdquo; The program</p>
<p align="left">aims to buy down loans by up to 30 percent of the</p>
<p align="left">unpaid principal balance, defer these amounts until the</p>
<p align="left">first mortgage is paid off and assist FHA servicers by</p>
<p align="left">bringing mortgages current.</p>
<p align="left">&gt; Real estate truly is local. While the nation experienced</p>
<p align="left">a 32 percent increase in foreclosure activity in July</p>
<p align="left">compared to the previous year, N.C. maintained a 20</p>
<p align="left">percent decline in foreclosures compared to July 2008.</p>
</span></span><span style="font-family: Interstate-Regular; color: #b60000; font-size: 10pt;"><span style="font-family: Interstate-Regular; color: #b60000; font-size: 10pt;"><span style="font-family: Interstate-Regular; color: #b60000; font-size: 10pt;">
<p align="left">ECONOMY</p>
</span></span></span><span style="font-family: Interstate-Light; font-size: 10pt;"><span style="font-family: Interstate-Light; font-size: 10pt;">
<p align="left">&gt; Fayetteville and Burlington recently ranked in the top</p>
<p align="left">10 nationally for strongest housing markets based on</p>
<p align="left">the share of single-family homes in which values rose</p>
<p align="left">in the second quarter of 2009.</p>
<p align="left">&gt; Though still high by most standards, the rate of job</p>
<p align="left">losses has slowed significantly. Employers eliminated</p>
<p align="left">247,000 jobs nationally in July, the smallest monthly</p>
<p align="left">loss since last August.</p>
<p align="left">&gt; The government&rsquo;s preliminary estimates show that</p>
<p align="left">the economy&rsquo;s downturn slowed markedly in recent</p>
<p align="left">months, shrinking only 1 percent in the second quarter</p>
<p>compared to 6.4 percent in the first.</p>
</span></span></p>]]></description><link>http://www.mayesharrisrealty.com/Blog/North-Carolina-Real-Estate-Notes-for-Buyers-Sellers</link><guid>http://www.mayesharrisrealty.com/Blog/North-Carolina-Real-Estate-Notes-for-Buyers-Sellers</guid><pubDate>Mon, 14 Sep 2009 03:00:00 GMT</pubDate></item><item><title>Does it feel different?</title><description><![CDATA[<p>As I am setting here planning my day, I thought "How does today feel compared to six or nine months ago".&nbsp; I found my answer to have mixed reactions.&nbsp; So many friends are looking for work or have suffered dramatic cuts in their business or income, that you wonder-are things getting better?&nbsp;</p>
<p>We know from past recessions, the recovery starts way before the unemployment falls.&nbsp; Yet, I am more optimistic today than 3 or 6 months ago.&nbsp; There are many positive signs, that the economy is starting to see some recovery....housing is showing increased activity.&nbsp;</p>
<p>Sales in the Charlotte area has slowly increased month over month since January.&nbsp; Inventory of existing homes for sale is&nbsp;decreasing as buyers are becoming more eager to purchase their first home or that move up home they were not able to afford earlier, but in today's market is a reality.&nbsp;Builder have started building new specs, something unheard of three months ago.&nbsp; Their quick action to stop new starts of spec homes, has kept "new home" inventory in the 7 months range compared to 6 months in a strong market.&nbsp; While mortgage approval criteria has been more restictive, for buyers with good credit scores, the low rates is making it an opportune time to buy. Meanwhile, without media fanfare, we are getting people relcoating to the area on a weekly basis and those people need homes and guess what....they are buying.</p>
<p>So, my answer is--Yes---while it's going to be a steady but slow return, things are feeling much better. I share with you a headline from today's Business Week, -Now is the Time to Buy.&nbsp;</p>
<p class="MsoNormal" style="padding-left: 30px; margin: 0in 0in 0pt;"><span style="font-size: 9pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;">
<script src="http://s7.addthis.com/js/152/addthis_widget.js" type="text/javascript"></script>
</span><strong><span style="font-size: 12.5pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA; mso-bidi-font-size: 12.0pt;"><span style="color: #0000ff;">Now's the Time to Buy in Real Estate</span></span></strong><span style="font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><span style="font-size: 12pt;"><span style="color: #0000ff;"> <br /></span></span></span><span style="font-size: 10pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><span style="color: #0000ff;">Investors are returning as the real estate market recovers</span>. </span><span style="font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><br /><br /></span><span style="font-size: 10pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><span style="color: #0000ff;">BusinessWeek&rsquo;s real estate guru Marc Roth points out these opportunities, which he says make sense if investors are willing to look over the property carefully and ask tough questions. </span></span><span style="font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><br /><br /></span><span style="font-size: 10pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><span style="color: #0000ff;">Options they should consider include:</span></span></p>
<ul type="disc">
<li class="MsoNormal" style="margin: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="color: #0000ff;"><span style="font-size: 10pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;">Buying a single-family house. This could be a first home or a dream home or a home to rent out.</span><span style="font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><span style="font-size: 12pt;"> </span></span></span></li>
<li class="MsoNormal" style="margin: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="font-size: 10pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><span style="color: #0000ff;">Buying a multi-family investment property. </span></span></li>
<li class="MsoNormal" style="margin: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="color: #0000ff;"><span style="font-size: 10pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;">Snapping up a vacation property. There are deep discounts to be found in high-end resort areas.</span><span style="font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><span style="font-size: 12pt;"> </span></span></span></li>
<li class="MsoNormal" style="margin: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list .5in;"><span style="font-size: 10pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><span style="color: #0000ff;">Investing in a Real Estate Investment Trust. REITs were hit hard in the downturn, but many are on their way back.</span></span></li>
</ul>
<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span style="font-family: &quot;Times New Roman&quot;,&quot;serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><br /></span><em><span style="font-size: 10pt; font-family: &quot;Arial&quot;,&quot;sans-serif&quot;; mso-fareast-font-family: 'Times New Roman'; mso-bidi-language: AR-SA;"><span style="color: #0000ff;">Source: BusinessWeek, Marc Roth (08/26/2009)</span></span></em></p>]]></description><link>http://www.mayesharrisrealty.com/Blog/Does-it-feel-different</link><guid>http://www.mayesharrisrealty.com/Blog/Does-it-feel-different</guid><pubDate>Fri, 28 Aug 2009 03:00:00 GMT</pubDate></item></channel></rss>