| Fayetteville, NC real estate markets, like many other | | | | country. And that's if I paid full asking price. If I managed |
| real estate markets in the United States, is | | | | to get the home at $60,000, which is quite probable as |
| experiencing a "buyer's market." A "buyer's market" is | | | | it has been on the market since July, I would only have |
| when there are more homes on the market than | | | | to put $12,000 down and have a mortgage payment |
| those buying the homes. During a buyer's market, | | | | of only $288 per month. |
| those who wish to purchase a home can usually do | | | | Another charming brick home that caught my eye |
| so at much less than they can during a seller's market. | | | | was in the Holly area. This had three bedrooms and |
| Those looking for a nice country home under $75,000 | | | | one bath and 1300 square feet. I liked the location |
| can easily find what they are seeking in the | | | | better in the Holly area home than the other as it had |
| Fayetteville NC real estate market. There are many | | | | more trees surrounding the property and was quite |
| lovely homes in excellent locations that fall between | | | | nice. This home was a foreclosure and was listed at |
| the $50,000 to $75,000 range. Many of these home | | | | $52,000. If I paid full price, which is unlikely in a |
| owners will take much less than the asking price as | | | | foreclosure property, I could put down $10,500 and |
| there are over 250 homes in the Fayetteville area for | | | | have monthly payments of only $252. |
| sale within this price range. | | | | If I got the home at $45,000, which is still high |
| A charming brick home in the Heritage subdivision in | | | | considering this is a foreclosure, I could have monthly |
| Fayetteville can be purchased for $75,000. This is the | | | | payments that were a little over $200 a month! |
| asking price and the seller will generally take less. The | | | | Those who are looking for country living with warm, |
| home I looked at was perfect for a family. It had three | | | | Southern hospitality, need not look any further than |
| bedrooms, one and a half baths and had nearly 1300 | | | | Fayetteville, North Carolina. Here you can find virtually |
| square feet. It also had a very large lot that was | | | | any type of property that you want at a price much |
| surrounded by trees. | | | | more affordable than most areas, especially in the |
| Unlike some of the investment homes that had much | | | | North. |
| lower asking prices, the home I admired was fully | | | | Fayetteville, NC real estate offers everything from |
| updated with new windows and appliances. It had | | | | single family investment properties for less than |
| natural gas heating and central air. Although there was | | | | $10,000 to large estates at over $1 million dollars. Horse |
| carpet in many of the rooms, hardwood floor lurked | | | | farms, old plantation properties, historical homes and |
| underneath the carpet and would not be difficult to | | | | cottages are all part of Fayetteville, NC real estate. |
| expose and treat. | | | | Whatever your need in a single family home, the |
| Even if I paid the full asking price of $75,000, with a | | | | Fayetteville, NC real estate market has what you |
| down payment of $15,000, my mortgage would only | | | | want. If you are thinking of relocating to the beautiful |
| be $360 per month. A pittance compared to what is | | | | south, check out the Fayetteville, NC real estate |
| generally paid in mortgage payments throughout the | | | | market. |