WASHINGTON (Reuters) - Fannie Mae plans to raise minimum credit score requirements next month and limit the amount of overall debt that borrowers can carry relative to their incomes, The Washington Post reported on Thursday. Starting December 12, the automated system that the government-controlled mortgage finance company uses to approve loans will reject borrowers who have at least a 20 percent down payment but whose credit scores fall below 620 out of 850, the newspaper reported. Previously, the cut-off was 580. Also, for borrowers with a 20 percent down payment, no more than 45 percent of their gross monthly income can go toward paying debts, the newspaper said. A Fannie Mae spokesman told the newspaper that the limits reflect the company's recent experience. Loans to people with cre... 11/30/2009

Charlotte NC Union County Real Estate Market Report- October 1-October 31,2009 Waxhaw, NC Homes for Sale- Homes Sold There were 51 Homes sold in Waxhaw, at an average price of $395,148, on an average 3639 sf, or an average of $108/sf at a reported average of 98 Days on Market.  In 2008, there were 38 home sales, at an average of $366,874, at an average sf of3373, at not quite $109/sf.  So the market is holding steady '08 to '09. Waxhaw Homes for Sale At the end of October there were 572 homes for sale in Waxhaw. The average monthly Waxhaw home sales is 57 (Since June) which equates to about a rought 10 month supply of homes. certainly a strong buyers market, but not grotesque! Weddington Homes For Sale There were 7 homes sold in Weddington, at an average price of $713,214 on 5,118 sf, o... 11/29/2009

  Take a 360 Virtual Tour: http://rtvpix.com/RE-3321-DWTNAM-01 8501 Priory Ct. Waxhaw, NC 28173 Price: $369,600Beds: 5 Baths: 3.5 MLS #: 899134Garage: 2Total SqFt: 3,642 Bill Allen WEICHERT,REALTORS® - Rebhan & Associates 9864-C Rea Road Charlotte, NC 28277 704-443-1591 Office 704-542-8633 Fax View My Tour Gallery Powered by Media Tours 360Your Charlotte Metro Real Estate Marketing Expert! Charlotte Virtual Tours 11/16/2009

The good news is that home sales, pending contracts, and closings are on the rise.  As I said before we hope this is a light at the end of the tunnel, and I don't mean a freight train.  Our Market Center has had two very good months, for both gross commissions earned and profitability. One of the things I have become aware of is the increased building activity among homebuilders in the Waxhaw, NC and Weddington, NC areas, as well as the areas of Lancaster and York Counties just next door to Charlotte.  This is going to be a key factor in getting the economy rolling again, and some relief to the unemployment numbers. One area that you, if you are a near future buyer, should be investgating is Waxhaw NC.  Waxhwaw is located at the south end of Hwy 16, due south of Charlotte.  It is 6 mile... 11/13/2009

Charlotte NC Union County Real Estate Market Report- October 1-October 31,2009 Waxhaw, NC Homes for Sale- Homes Sold There were 51 Homes sold in Waxhaw, at an average price of $395,148, on an average 3639 sf, or an average of $108/sf at a reported average of 98 Days on Market.  In 2008, there were 38 home sales, at an average of $366,874, at an average sf of3373, at not quite $109/sf.  So the market is holding steady '08 to '09. Waxhaw Homes for Sale At the end of October there were 572 homes for sale in Waxhaw. The average monthly Waxhaw home sales is 57 (Since June) which equates to about a rought 10 month supply of homes. certainly a strong buyers market, but not grotesque! Weddington Homes For Sale There were 7 homes sold in Weddington, at an average price of $713,214 on 5,118 sf, o... 11/11/2009

If you plan on buying a new home in Marvin Creek or anywhere else in Waxhaw NC, WHY NOT get an additional 1% Cash Rebate on your Purchase? ... I'll show you how! View Waxhaw Homes for Sale Print Your Cash Back Coupon and SAVE $$$ The Community of Marvin Creek is located in Union County, Waxhaw NC. Marvin Creek Home Builders:Toll Brothers, Inc. * Schools:Sandy Ridge, Marvin Ridge, Marvin Ridge ** Community Features:Tennis CourtsClub HousePlaygroundPool The Real Estate Brokers printed on your REBATE Coupon will give their clients an additional 1% Cash Back. Coupons are valid in all of North and South Carolina in addition to Charlotte NC Homes for Sale. While you are out searching for your new home and spending time in the Marvin Creek Waxhaw, NC area, you may want to visit some local area... 11/04/2009

Get Cash Back on Your New Home in Copper Run, WAXHAW NC If you plan on buying a new home in Copper Run or anywhere else in Waxhaw NC, WHY NOT get an additional 1% Cash Rebate on your Purchase? ... I'll show you how! View WAXHAW Homes for Sale Print Your Cash Back Coupon and SAVE $$$ The Community of Copper Run is located in UNION County, WAXHAW NC. Copper Run Home Builders:BLUTO BUILDERS * NIBLOCK HOMES * Schools:Western Union, Parkwood, Parkwood ** Community Features:Walking Trails The Real Estate Brokers printed on your REBATE Coupon will give their clients an additional 1% Cash Back. Coupons are valid in all of North and South Carolina in addition to Charlotte Homes for Sale. While you are out searching for your new home and spending time in the Copper Run WAXHAW, NC area, you may wa... 11/04/2009

If you plan on buying a new home in Weddington Trace or anywhere else in Waxhaw NC, WHY NOT get an additional 1% Cash Rebate on your Purchase? ... I'll show you how! View Waxhaw Homes for Sale Print Your Cash Back Coupon and SAVE $$$ The Community of Weddington Trace is located in Union County, Waxhaw NC. Weddington Trace Home Builders:Ryan Homes * Schools:Weddington, Weddington, Weddington ** Community Features:Tennis CourtsWalking TrailsClub HousePool The Real Estate Brokers printed on your REBATE Coupon will give their clients an additional 1% Cash Back. Coupons are valid in all of North and South Carolina in addition to Charlotte Homes for Sale. While you are out searching for your new home and spending time in the Weddington Trace Waxhaw, NC area, you may want to visit some local a... 11/04/2009

If you plan on buying a new home in Kingsmead or anywhere else in Waxhaw NC, WHY NOT get an additional 1% Cash Rebate on your Purchase? ... I'll show you how! View Waxhaw Homes for Sale Print Your Cash Back Coupon and SAVE $$$ The Community of Kingsmead is located in Union County, Waxhaw NC. Kingsmead Home Builders:Southern Flair * The Dowd Company * Schools:Rea View, Marvin Ridge, Marvin Ridge ** Community Features:Recreation AreaTennis CourtsPlaygroundPool The Real Estate Brokers printed on your REBATE Coupon will give their clients an additional 1% Cash Back. Coupons are valid in all of North and South Carolina in addition to Charlotte NC Homes for Sale. While you are out searching for your new home and spending time in the Kingsmead Waxhaw, NC area, you may want to visit some local ... 11/04/2009

Get Cash Back on Your New Home in Providence Downs South, Waxhaw NC If you plan on buying a new home in Providence Downs South or anywhere else in Waxhaw NC, WHY NOT get an additional 1% Cash Rebate on your Purchase? ... I'll show you how! View Waxhaw Homes for Sale Print Your Cash Back Coupon and SAVE $$$ The Community of Providence Downs South is located in Union County, Waxhaw NC. Providence Downs South Home Builders:Arcadia * Execellance * Jas-Am * New American Bldrs * Persis-Nova * SOUTHEASTERN GROUP * Stevens Construction * TNG Builders * Viegas Homes * Schools:Sandy Ridge, Marvin Ridge, Weddington ** Community Features:PlaygroundPool The Real Estate Brokers printed on your REBATE Coupon will give their clients an additional 1% Cash Back. Coupons are valid in all of North and Sout... 11/04/2009

Come home to a fabulous South Charlotte neighborhood with pool and cabana, located in Historic Waxhaw. Providence Grove is located within the highly acclaimed Union County school district with students attending Kensington Elementary and the brand new Cuthbertson Middle and High Schools. This wonderful community offers spacious ranch and 2 story homes with three to five bedrooms on lots ranging from 1/3 to 1/2 acre in size, including basements. This combination of quality, lush surroundings, and distinctive, spacious homesites is unmatched in this amazing Union County location. Many of the homes in Providence Grove have a number of custom features in including mud room downstairs, premium cabinetry in kitchen, extensive hardwood flooring and much more! You’ll also find a bonus room upst... 11/03/2009

AXHAW, NC HOMES FOR SALE | WAXHAW REAL ESTATE FOR SALE | CHARLOTTE, NC HOMES FOR SALE | WAXHAW, NC TOWNHOMES FOR SALE | WAXHAW CHARLOTTE REAL ESTATE | CHARLOTTE HOMES Homes for Sale in Waxhaw, NC are rapidly growing in this town located in Union County Homes, North Carolina. The population is currently estimated to be 7,400 and counting. Waxhaw is a suburb of Charlotte, NC real estate. Waxhaw takes its name from the Waxhaws, both the name for the area and the name for the Indian tribe that once inhabited it. The community dates back to the 1700s, but it wasn't until 1888 that the railroad, laying tracks to Atlanta, brought prosperity. Tracks still run through the center of town along the green, grassy strip dividing two rows of stores. The Waxhaw Historic District is on the National Reg... 10/31/2009

  POSTED BY THE WALL STREET JOURNAL TODAY 10/29/2009 Wall Street Journal 10/29/09   WASHINGTON -- Senate negotiators reached a tentative deal to extend a tax credit for first-time home buyers, but its passage remains uncertain. The agreement would extend the existing credit for first-time home buyers, worth up to $8,000, while offering a new credit of up to $6,500 for some existing homeowners, Senate aides said. The reduced credit would be available to all home buyers who have been in their current residence for a consecutive five-year period in the past eight years. The new provisions are aimed at broadening availability of the credit beyond first-time buyers and giving the weakened real-estate market a bigger boost while preventing real-estate investors from benefiting. Many property ... 10/30/2009

How did Waxhaw NC real estate market activity in the third quarter of 2009 compare with the second quarter 2009?  This post will summarize third quarter 2009 real estate sales in Waxhaw NC plus compare changes in sales data with second quarter 2009 results.  The chart shows average sales prices in Waxhaw NC for 2008 and each quarter of 2009. Waxhaw NC Real Estate Market Report--2009 Third Quarter Data and Change from 2009 Second Quarter Single Family Homes in Waxhaw NC Number of Sales:  56 Change from second quarter:  no change Average Price:  $353,734 Change from second quarter:  +9% Average Days on Market:  139 Change from second quarter:  -6% Current Active Listings:  203 Change from second quarter:  -3% Most Active Neighborhoods:  Lawson, Providence Grove, Cureton   Townhomes and Co... 10/20/2009

If you plan on buying a new home in Millbridge or anywhere else in Waxhaw NC, WHY NOT get an additional 1% Cash Rebate on your Purchase? ... I'll show you how! Search For Millbridge, Waxhaw NC Homes for Sale Print Your Cash Back Coupon and SAVE $$$ Millbridge is located in the city of Waxhaw, Union County, NC Millbridge Home Builders:Bonterra * Bonterra Builders * Mattamy * Ryland Homes * Schools:Kensington, None, None ** Community Features:Recreation AreaWalking TrailsClub HousePool The Real Estate Brokers printed on your REBATE Coupon will give their clients an additional 1% Cash Back. Coupons are valid in all of North and South Carolina in addition to Charlotte NC Homes for Sale. While you are out searching for your new home and spending time in the Millbridge Waxhaw, NC area, you ma... 10/18/2009

If you plan on buying a new home in Cureton or anywhere else in Waxhaw NC, WHY NOT get an additional 1% Cash Rebate on your Purchase? ... I'll show you how! Search For Cureton, Waxhaw NC Homes for Sale Print Your Cash Back Coupon and SAVE $$$ Cureton is located in the city of Waxhaw, Union County, NC Cureton Home Builders:Cunnane Group * M/I HOMES * Standard Pacific * Zar Custom Homes * Schools:Kensington, Marvin Ridge, Marvin Ridge ** Community Features:Recreation AreaClub HousePlaygroundPool The Real Estate Brokers printed on your REBATE Coupon will give their clients an additional 1% Cash Back. Coupons are valid in all of North and South Carolina in addition to Charlotte NC Homes for Sale. While you are out searching for your new home and spending time in the Cureton Waxhaw, NC area,... 10/18/2009

Cureton is a historically revived community offering 495,000 square feet of retail, 60,000 square feet of offices and 381 single-family homes and townhomes. The development was named Cureton, after the Cureton Inn built on a trade route by early area settlers. Located in Waxhaw and served by the new and highly desirable Cuthbertson School District, Cureton is the perfect location for your new home. Complete with a club house, swimming pool, pond, walking trails and more, Cureton offers a relaxed lifestyle near the conveniences of Charlotte. With a variety of new floor plans, elevations and countless options, you're sure to find the home of your dreams in this beautiful community. Quality exterior features include two and three car garages, professionally landscaped and fully sodded lawn... 10/12/2009

         Lawson Neighborhood           Waxhaw, NC  Lawson  neighborhood in Waxhaw, NC is named for John Lawson who discovered this land in 1704. Lawson is approximately located about 7 miles south of Interstate 485. This land is one of the last remaining conserved woodland tracts in South Charlotte. There are miles and miles of pedestrian trails, the ruins of "Howard's Mill" and other areas which intersect at what was once known as "Five Forks". Lawson has one of the finest amenities of any neighborhood in Union County. " The Mill House" and "The Winter Garden" has a state of the art swim club with a paddle wheel, exercise weight room, tennis courts and playground. The community lodge is rustic in decor and can be rented for special events such as weddings, showers and birthday parties.... 10/10/2009

The Reserve is another neighborhood that has a rural feel, great amenities, spacious homes and walking trails. The Reserve was built by Centex homes and is located off of New Towne Road in Union County. The homes in The Reserve vary from 2000 - 4000 square feet with 3 car garages with most of the plans. This year, prices have closed anywhere from $245,000 - $ 450,000. The homes in this neighborhood are brick, vinyl and stone and lots are around 1/2 acre in size.The Reserve has a clubhouse, pool, playground , walkingtrails. The streets are exceptionally wide and have side walks makingthis a great neighborhood to stroll around and meet your neighbors.The Reserve has 3 award winning neighborhood schools, Sandy Ridge, Marvin Ridge Middle and Marvin Ridge High School and low Union County ta... 10/10/2009

There are tons of Waxhaw Homes For Sale  that are move-in ready.  Just about everybody goes through the home buying process at on point in their lives.  The market is picking up and a lot of people are buying homes.  Properties are often purchased as a pure investment.  Rental property can be a great long term investment strategy. Most people are looking for a home to live in. Search for Waxhaw NC Homes For Sale  The following video explains how to get a rebate on Waxhaw Homes For Sale. Waxhaw, NC Communities and Waxhaw NC Subdivisions: Anklin Forrest, Brantley Oaks, Briarcrest, Chatelaine, Chatsworth, Copper Run, Crow Creek Acres, Cureton, Cureton, Drayton Hall Estates, Hollister, Innisbrook At Firethorne, Kingsmead, Lawson, Marvin Creek, Millbridge, Oldstone Forest, Prescot, Providen... 10/10/2009