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Old 08-26-2009, 07:52 PM
 
Location: State of Being
35,879 posts, read 77,448,814 times
Reputation: 22752

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Quote:
Originally Posted by sue77 View Post
to highland creek, north charlotte
From Highland Creek to where??? The commute from HC to uptown Charlotte should be more like 25 minutes.
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Old 08-26-2009, 07:53 PM
 
Location: Up above the world so high!
45,218 posts, read 100,681,934 times
Reputation: 40199
Quote:
Originally Posted by baybook View Post
If it takes you 45 min to get to UPtown from HC, you're doing something wrong. I'm about 12 min from Uptown and No more than 10 from HC, maybe????

Prehaps you are taking the freeway. You may want to try the city streets.
No offense bay, I know you live up that way so maybe I just caught traffic on a bad day, but the last time I was in Highland Creek it took me about 10 minutes just to get out of it back on my way to the interstate! During rush hour the ride for me has been more like 30-35 minutes.

Last edited by lovesMountains; 08-26-2009 at 08:29 PM..
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Old 08-26-2009, 08:20 PM
 
Location: State of Being
35,879 posts, read 77,448,814 times
Reputation: 22752
Quote:
Originally Posted by lovesMountains View Post
No offense bay, I know you live up that way so maybe I just caught traffic on a bad day, but the last time I was in Highland Creek it took me about 10 minutes just to get out of it back on my way to the interstate! During rush hour the ride for me has been more like 30-40 minutes.
Oh, I have not been up there during rush hour.

I was stunned when Sue said 45 minutes. I just had no idea.
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Old 08-27-2009, 07:40 AM
 
Location: South Charlotte
10 posts, read 18,029 times
Reputation: 11
There has never been a better time to buy!!!? Prices are low, most sellers need to sell, rates are still low but slowly creeping back up. Say you wait 6 months hoping for prices to drop some more...an increase in interest rates will offset the drop in price you were waiting for and you'll end up with the same or higher mortgage payment that buying today. Homeownership is so affordable right now. If you can buy, now is the time, that is for sure!!! $8,000 tax credit for first time buyers expires Nov 30th, too....

In a few years, you'll be saying, "WHY didn't I buy in 2009?"
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Old 08-27-2009, 08:08 AM
 
4,010 posts, read 10,206,729 times
Reputation: 1600
Quote:
Originally Posted by jfcharlotte View Post
....

In a few years, you'll be saying, "WHY didn't I buy in 2009?"
This is what people said in 2006 when prices were going up.
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Old 08-27-2009, 10:53 AM
 
Location: Charlotte, NC
2,193 posts, read 5,052,845 times
Reputation: 1075
Quote:
Originally Posted by jfcharlotte View Post
There has never been a better time to buy!!!? Prices are low, most sellers need to sell, rates are still low but slowly creeping back up. Say you wait 6 months hoping for prices to drop some more...an increase in interest rates will offset the drop in price you were waiting for and you'll end up with the same or higher mortgage payment that buying today. Homeownership is so affordable right now. If you can buy, now is the time, that is for sure!!! $8,000 tax credit for first time buyers expires Nov 30th, too....

In a few years, you'll be saying, "WHY didn't I buy in 2009?"
I'm so tired of hearing this interest rate nonsense.
It's *better* to have a lower purchase price than lower rate. With a higher purchase price, you will always be stuck w/ that price no matter what.
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Old 08-27-2009, 11:04 AM
 
Location: Weddington
338 posts, read 796,217 times
Reputation: 236
I just took full advantage of the current market and bought in a neighborhood I would have never have tried to find a house in a few years ago, and was not even a foreclosure. And I plan on living in the house a long time.
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Old 08-27-2009, 11:14 AM
 
Location: Up above the world so high!
45,218 posts, read 100,681,934 times
Reputation: 40199
Quote:
Originally Posted by ivster View Post
I just took full advantage of the current market and bought in a neighborhood I would have never have tried to find a house in a few years ago, and was not even a foreclosure. And I plan on living in the house a long time.
CONGRATS!! What interest rate did you get?
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Old 08-27-2009, 11:17 AM
 
Location: Up above the world so high!
45,218 posts, read 100,681,934 times
Reputation: 40199
Quote:
Originally Posted by sheenie2000 View Post
I'm so tired of hearing this interest rate nonsense.
It's *better* to have a lower purchase price than lower rate. With a higher purchase price, you will always be stuck w/ that price no matter what.
Sheenie, you can be tired of it but that does not change the fact that a several point jump in the interest rates can make even a great house price much harder to afford, if not impossible. You can just get so much more home when the interest rates are what they are now.
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Old 08-27-2009, 11:18 AM
 
Location: Weddington
338 posts, read 796,217 times
Reputation: 236
5% on a 30 year, also lucky enough to have 25% to put down.
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