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Charlotte, NC Real Estate News

By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Navigating the Shift - Opening Doors in 2024Here we are at the end of Q4, December 2023 and the real estate industry is facing several significant challenges. Let's review those for a moment... Inflation and Interest Rates: The real estate market is being heavily impacted by high inflation and rising interest rates. These economic factors have been influencing consumer spending all year. We have, thankfully, avoided a recession which would affect demand for both residential and commercial real estate. Housing Imbalance: There remains a significant imbalance in the availability of housing, relative to the number of workers. This continues to lead to a shortage of rental units, affecting home ownership opportunities. Hybrid Work Models: The shift towards remote and hybrid work models is s...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte's Myers Park: Snapshot of the Real Estate Market, DEC 2023 🏙️  Daily, we are asked, "So, how's the real estate market doing in Charlotte?"Quite often, we are asked specifically about our well-known, popular, historic communities, including Myers Park.   Myers Park is one of Charlotte's communities that continuously stands the test of time when it comes to housing appreciation. Even as the city endured the days, weeks, months, years of The Great Recession, Myers Park was one of the neighborhoods that didn't feel the depth of depreciation/devaluation that many of the Charlotte neighborhoods experienced.  As we wrap up 2023, the Myers Park real estate market continues to be in demand to both relocation buyers and to those moving within the area. Below is the current market snapsh...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
SouthPark's Montibello Market Report for Dec 2023 📊 Montibello is one of SouthPark's crème de la crème subdivisions when it comes to residential communities! Home to 571 elegant, custom-crafted residences, this neighborhood boasts spacious lots, heavily peppered with mature trees and lush greenery, creating an incredibly inviting streetscape. Let's talk location—you couldn't ask for better convenience. Living in Montibello puts you just a hop, skip and a jump away from shopping havens like SouthPark Mall and Phillips Place. Plus, you're a quick 15-minute drive to both Uptown Charlotte and Ballantyne. SouthPark is truly at the heart of everything Charlotte! And here's the cherry on top: Montibello is zoned for some of Charlotte's highest-rated public schools and is a stone's throw away f...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
HAPPY KWANZAA! "Kwanzaa isn’t a replacement for Christmas or even Hanukkah. Kwanzaa has nothing to do with religion and while some may twist it to be political, in its nature it is not. Kwanzaa is not the tool of its creator. Kwanzaa has a life of its own. Kwanzaa is about the spirit of people — all people regardless of color or race. Kwanzaa is a holiday of the human spirit — not the divine. The two were meant to co-exist peacefully."– Author Unknown I'm sending warmest wishes for a Happy Kwanzaa to my clients, colleagues, friends, and business partners who celebrate this special holiday, honoring African and African-American culture and history,  starting today, December 26th, and continuing through January 1st, 2024.  May the seven days of Kwanzaa be a special time for you and yours ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 “Christmas magic is silent. You don’t hear it — you feel it, you know it, you believe it.” – Kevin Alan Milne I'm wishing each and everyone of my friends, colleagues and clients a very Merry Christmas. May your Christmas be graced with peace and blessings! May your Christmas sparkle with joy and laughter! May the peace and joy that this day and season bring stay with you throughout the year and the memories of the day last a lifetime. For each of you, I wish:...The gift of love.   ...The gift of peace.      ...The gift of happiness.May all these and more be yours this Christmas and each day of the coming new year. “There has to be at least one day of the year to remind us that we’re here for something else besides ourselves.” — Eric Severeid “Christmas waves a magic wand over this worl...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
CHRISTMAS EVE: THE MOST WONDERFUL NIGHT OF THE YEAR WHEN ALL IS CALM, ALL IS BRIGHT, ALL IS HOLY In just a few hours it will be Christmas Eve night... my "personal" Christmas always begins on Christmas Eve. When I think about Christmas Eve it's always against the backdrop of a night that exemplifies all that is calm, all that is bright, all that is holy. Christmas Eve is an evening full of joy, hope, anticipation, and love. The calm and holiness of Christmas Eve never disappoint and never fail to restore my spirit. Christmas Eve is my favorite day of the year and there is no night in the year that I look forward to more than Christmas Eve night.  As Bess Streeter Aldrich said...."Christmas Eve was a night of song that wrapped itself about you like a shawl. But it warmed more than your b...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
ARE YOU DREAMING OF A WHITE CHRISTMAS IN CHARLOTTE?If you're dreaming of a white Christmas in the Charlotte area, I'm afraid you're in for a disappointment. Sadly the odds of a white Christmas in Charlotte are essentially zero this year. This Christmas Eve and Christmas Day, Charlotte is likely to see temperatures in the higher 50's and some rain before the day is done on Christmas Day. Did you know that in the 145 years that records have been kept, Charlotte has experienced a white Christmas only four times? The last time Charlotte saw a white Christmas was in 2010 when half an inch of snow fell on Christmas night. The most snow Charlotte ever saw on Christmas was 5.8 inches 76 years ago in 1947!  In fact, the last time it snowed in Charlotte was January 2022, when some 4.3 inches fell...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Ballantyne – Blakeney Neighborhood Market Update DEC 2023– MITCHELL GLEN Popular South Charlotte neighborhood in top-ranked school zone offers wonderful amenities with LOW HOA DUES. Amenities include recreation area, playground and pond. Sales in Mitchell Glen continue to show an incredibly strong market. Average sales prices remain some of the strongest in the area. Days on the market are 44 days and there is currently 1 home in Mitchell Glen that is actively being marketed (and has been on the market for 65 days as of 23DEC23). There are no homes currently in Escrow at the moment.Here is the Ballantyne – Blakeney Neighborhood Market Report from November, 2023 final data -  MITCHELL GLEN: Current Average Sales Price in Mitchell Glen ($551,500)  Mitchell Glen's Average Days on the Marke...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
DO YOU KNOW THE MOST POPULAR CHRISTMAS COOKIE IN YOUR STATE?IS YOUR STATE'S MOST POPULAR COOKIE YOUR FAVORITE CHRISTMAS COOKIE? Delish.com Food News just released it's 2023 list of the uniquely searched Christmas cookies by state. Surprises on this list included:  The number of states that favored Italian Christmas Cookies: 15 states. You'd have expected gingerbread and sugar cookies to be relatively popular. Yet, gingerbread cookies showed up in just two states and sugar cookies showed up in just three states. Red velvet cookies were popular in three states. Peanut butter blossoms showed up in four states.  With all the "jokes" about fruit cake at Christmas, one state (Alabama) actually "favorited" fruit cake cookies.   If all this talk about Christmas cookies has got you hankering to ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Dilworth's Latta Pavilion: Real Estate Trends & Analysis - DEC 2023 📊Welcome to Latta Pavilion, an exceptional residential jewel quietly situated at 1320 Fillmore Avenue in the lively heart of Dilworth.At Latta Pavilion, convenience and comfort are top priorities. Enjoy the peace of mind that comes with secure, underground parking, ensuring ample space for both residents and guests. Unwind in the inviting center courtyard, complete with charming patios and lush landscaping, creating a serene oasis right at your doorstep. For a delightful evening in, indulge in the rooftop lounge, where you can savor breathtaking views and soak up the atmosphere. Alternatively, step outside of your private retreat and immerse yourself in the vibrant Dilworth neighborhood. Discover a plethora of exciting ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
South Charlotte's Highgrove: December 2023 Housing Market Overview 📈 Charlotte, NC - Highgrove Neighborhood Developed in the late '90s and completed in the mid-2000s, the Highgrove neighborhood, crafted beautifully by Crescent Communities, sits in the vibrant heart of South Charlotte's esteemed Ballantyne Community.These homes embody elegance, with prices ranging from approximately $1,225,000 to $2,595,000+. They offer spacious living areas between 3,000 and over 10,000 square feet, mostly accompanied by roomy 3-car garages, situated on substantial lots varying from 0.25 to 0.6 acres — many boasting private swimming pools. Built by renowned local developers such as Cyras Homes and Kingswood, Highgrove breaks the mold with its distinctive and prestigious homes, each reflecting a differen...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 WINTER 2024 HOME BUYER & SELLER GUIDES ARE HERE...... GET YOUR FREE GUIDES TO BUYING OR SELLING A GREATER CHARLOTTE HOME IN WINTER 2023 Winter has officially arrived. With Winter's arrival our Winter 2024 Home Buyer and Seller Guides have also arrived.  There's a lot going on in the housing market right now you might want to know about. Have all those confusing headlines about the housing market left you with more questions than answers? Have you been wondering: About home prices, mortgage rates, or inflation in today’s housing market?  If you can overcome affordability challenges in today's market? If Winter 2024 will be a good time to buy or sell a Greater Charlotte area home? What the lack of inventory means for home buyers and sellers?  EXPERT QUOTES ON THE 2024 HOUSING MARKET If y...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 NINA HOLLANDER NAMED A TOP 100 COLDWELL BANKER REALTY SALES ASSOCIATE YEAR-TO-DATE-2023  I'm honored to be ranked in Coldwell Banker Realty's Top 100 sales associates out of 1,600 in North and South Carolina for gross commission generated through November 2023,  ranking #30 in the Coldwell Banker Top 100 Year-To-Date 2023 List. My thanks to all my loyal clients who've continued supporting my business year in and year out for 25 years with their business and referrals.  It can't be said often enough: I'm beyond grateful to have the most loyal and supportive clients any Realtor® would be fortunate to have! Where would we Realtors® be without our loyal clients who support our business with their referrals and repeat business? So thank you, all! "You can't buy clients. You earn them."... A...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 LATEST NEWS ON CHARLOTTE'S BALLANTYNE HOUSING MARKET...WHAT YOU NEED TO KNOW... MEDIAN SALE PRICE UP 13.93% M-O-M | UP 19.11% Y-O-YAVERAGE SALE PRICE UP: 14.9% M-O-M | UP 19.92% Y-O-Y Key take-aways about the Ballantyne area housing market in November 2023 included: Closed home sales declined year-over-year and month-over-month. List to sale price ratio over 100%.  Average days on market of 11 days declined from the previous month and  down year-over-year. This was the second lowest number of days on market in 2023.  Average and median sale prices increased significantly both month-over-month and year-over-year. Housing inventory down from the previous month and compared with November one year ago. New listings down 23+% from October and down from November 2022. Months supply of invent...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Heydon Hall Neighborhood Market Update - DEC 2023Your Dream Home Awaits You in Heydon HallHeydon Hall (SouthPark):  Dive right into the heart of SouthPark at Heydon Hall - the neighborhood where dreams come true! Imagine a place that takes you back to the golden days of true community spirit. It's all here waiting for you! Heydon Hall is where every day sparkles with the joy of community! Imagine fun get-togethers and neighborly carpooling, all wrapped in warm, neighborly friendships - where neighbors become family and every moment is treasured. Golf lovers, get ready for some excitement!  Nestled next to the prestigious Wells Fargo Championship's home, Quail Hollow Country Club, Heydon Hall treats you to a private, exclusive entrance to the golf course. Yes, you heard it right – a VIP ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Warm Hearts, Warm Paws 🐾 Last week, The Maxwell House Group hosted our annual Humane Society Charlotte event to show our unwavering commitment to community and compassion. Traditionally held in the cozy confines of my home (that I spend DAYS decorating to the 9’s!), this year brought a fun, refreshing change. Inspired by the suggestions from our wonderful clients during our fall gathering, we decided to host the event at our Savvy office. And let me tell you, it was a spectacular choice! The office, known for its cool, hip vibe, was transformed into a festive wonderland for the holidays, adding an extra layer of joy and warmth to the occasion. As the evening unfolded, the spirit of giving was palpable. Our amazing clients and friends came together, not just with smiles and good cheer b...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte Market Update - DEC 2023 - UPTOWN - Fifth & Poplar Fifth & Poplar couldn't be more conveniently located. Sitting on the west side of Uptown in the Fourth Ward, many of the units in the complex have sweeping views of Uptown Charlotte's gorgeous skyline. Read more about this popular Uptown condo complex.  So, how's the market doing in Fifth & Poplar?Average List to Sales Price Ratio in Fifth & Poplar: Average Sales Price: Average Price Per Square Foot:       SEARCH UPTOWN CONDOS FOR SALE SELLERSIf you're thinking of selling your first, second, third or...home, let’s talk! As with everything in life, preparation is key and I will equip you with what you'll need to get you, as seamlessly as possible, through the home-selling process. Call or text (704) 491-3310 and let’s get start...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Elizabeth Property Watch: December 2023 Edition Elizabeth in a Nutshell The Elizabeth neighborhood was home to department store magnate William Henry Belk, and the city’s first neighborhood movie theater, The Visulite, a popular night spot in Elizabeth which continues to feature live music nightly. New shops, up-scale restaurants and revitalization along Elizabeth Avenue has created a trendy Charlotte NC hot spot which attracts many visitors to the Elizabeth community. Needless to say, in most markets,homes do not stay on the market long in Elizabeth. Favorite local spots in Elizabeth Charlotte NC – All are just a stone’s throw away from homes in Elizabeth including:Hawthorne’s NY Pizza | 1701 E 7th ST | 704-358-9339 La-Tea-da’s | 3401 Commonwealth AVE | 704-338-6864The Fig Tree Restaur...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 IS A NEW HOME ON YOUR CHRISTMAS WISH LIST THIS YEAR?THERE'S STILL TIME TO FIND A NEW GREATER CHARLOTTE HOME IN 2023 If a new Charlotte area home is on your Christmas wish list this year, but you haven't yet found your dream home, there's still time to find a home in 2023. Why not take that wish off your list in 2023 the right way... with Nina Hollander, Coldwell Banker Realty helping you find your way home? I've been opening doors for Greater Charlotte area home buyers for 25 years, both in North Carolina and South Carolina.   Charlotte Area Property Search: We Make It EasySearch GreatHomesInCharlotte.com for real estate and homes for sale throughout the Charlotte region. You can search real estate listings by listing ID number, by interactive map, by subdivision, by price range, by ad...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 "What you have accomplished in the past is a much stronger example than talking about what you are capable of doing in the future. Actions do speak louder than words!"Catherine Pulsifer It's that time of year when many people start setting goals for the coming year. But before you start doing that, you might think about first reflecting on what you've actually accomplished this year. As 2023 draws to a close, take a moment to reflect on the journey you've taken. Reflection allows us to celebrate our accomplishments, learn from our experiences, and set the stage for the year ahead. "Have faith in yourself, take pride in your accomplishments and you will eventually achieve your goals."Kula Sellathurai; Raymond Aaron, Action Leads to Success Create a list of accomplishments. Forgive yours...
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