Charlotte, NC Real Estate News

By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 HUG YOUR CAT DAY: JUNE 4THBE SURE TO GIVE YOUR CAT AN EXTRA HUG OR TWO TODAY! "Time spent with cats is never wasted."... Sigmund Freud Today is Hug Your Cat Day... it's a purr-fectly paw-some day to show your feline babies some extra love! That's not to say that those of us who live with and love our cats ever really need an excuse to show our fur babies love and give them an extra hug or two. "Until one has loved an animal, a part of one's soul remains unawakened."... Anatole France Have you heard? Hugging and cuddling a cat is good for your health! It helps alleviate negative moods, reduces stress levels, and engenders calm. I know that's true for me when I hug my cat. I don't wait until Hug Your Cat Day to hug my cat... Mr. Marlow gets hugs every day all year long."What greater gift...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on Charlotte Region's luxury homes market...What happened in May 2023...  YEAR-OVER-YEAR TRENDS IN THE LUXURY HOME MARKET IN CHARLOTTE REGIONThe luxury homes market in Charlotte saw a 10.1% increase in new listings year-over-year after decreasing in April 2023. Inventory increased year-over-year by 20.3%. The months supply of inventory increased from 2.7 months one year ago to 3.1 months. Median home sale price increased 2.2%, while average home sale price increased 7.9%. Closed sales increased 8% in May 2023 versus the same month one year ago. Median list to sale price ratio decreased 2.3% year-over-year, but was still 100%. Buyer foot traffic decreased 10.1% from 7.9 showings per home to 7.1 showings year-over-year. Median days on market were just four in May, one day more...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Taste of Charlotte Festival 2023 Returns June 9-11EAT... MEET... DRINK... PLAY...   Taste of Charlotte, has been one of Charlotte's most popular annual food, wine and beer festivals since 1998. It returns this  coming Friday, June 9th and runs through Sunday, June 11th. The event takes place from 11:00 am till 11:00pm on Friday and Saturday, and from 11:00 am till 6:00 pm on Sunday. And don't forget to bring the whole family on Sunday as Sunday is Family Fun Day at the Taste of Charlotte Festival. Taste of Charlotte is a 3-day festival featuring samples from area restaurants along with  live music, interactive children’s activities, performances, and unique shopping at the local artisan MarketPlace. Taste of Charlotte takes place at Truist Field (home of the Charlotte Knights baseball f...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Summer Is The Most Dangerous Season For Pets!Tips To Keep Your Pet(s) Safe All Summer LongAlthough, Summer has not yet "officially" arrived, in Charlotte it's arrived for all intents and purposes. This past week we've seen our temperatures reach the mid-80's. We expect to see high 80's in the coming days and week.  We are talking about a weather forecast that is HOT, HOT, HOT! If it's hot for us humans, it's HOT, HOT, HOT for our pets. Pets are more at risk in the summer months than any other time of the year. How hot is too hot for your pet? Touch your hand to the ground for 5 seconds.  If it's painful or uncomfortable for you, it's too hot for your pet's paws. ASPCA's infographic below points out the 5 Summer Dangers For Pets, which include sun and heat, fireworks and thunderstorms, ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
Wordless Wednesday - I Saw the Savvy Sign I was gifted a super soft, perfect-fit of a sweatshirt yesterday and excitedly brought it home to show Ray. I laid it over the chair at our table and realized that I have been in love with Tiffany blue for decades! Yes, I went home (to Savvy + Company brokerage) after 7 years but, I never stopped choosing the turquoise blue when it came to everything from clothing to furniture...and even dog dishes (see photo - dining chair, rug, bar chair and dog dish)!Here's the full photo: I saw the sign before I ever really saw the sign!! LOLHappy Hump Day, Y'all! © Debe Maxwell, CRS | The Maxwell House Group | Savvy + Company | SavvyBroker@me.com | Wordless Wednesday - I Saw the Savvy Sign
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
Mariah Hinds Dog Training - Charlotte & Fort Mill Areas ⭐⭐⭐⭐⭐WOW! What a wonderful experience having Mariah train our puppy, Madelaine. From start to finish, Mariah was very organized when she visited our home to give Maddie private ‘lessons’ even before we enrolled her in Mariah’s puppy school. My husband has some physical challenges and Mariah didn’t flinch when we asked how we could train our then, 4 month old puppy, taking those limitations into considerations. She rose to the occasion AND THEN SOME! Mariah was incredibly knowledgeable & accommodating to my chaotic schedule. She later got Maddie into the classes on the dates that we needed and she was extremely timely and communicative throughout the ENTIRE process. Our Maddy came home each day, showing remarkable progress; she was ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
UNDER CONTRACT IN SHERWOOD FOREST IN CHARLOTTE'S UPSCALE COTSWOLD AREA5319 ROBINHOOD ROAD  It took my client almost a full year to find her "forever" home.  I'd helped my client purchase her current 2-story home some 20 years ago, but with  retirement looming, she wanted one-story living to eliminate as many steps and stairs as possible, both for herself and her three dachshunds. In the past year, we've looked at numerous one-story homes in the south Charlotte area... and it was a bit like the Goldilocks story... none of the beds (houses) were quite right. Until we went to see 5319 Robinhood Road, that is. We wrote an offer two hours later and within a an hour we had an accepted offer. 5319 Robinhood Road is a 2,600 square foot, ranch home built in 1956, featuring 4 bedrooms/3.5 bathroo...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
5 Easy Ways to Bring the Sunshine In - Starting with the Outside… WooHoo! Spring has finally arrived, and it's time to banish those winter blues with a fresh new home update! And the best part?  You don't have to spend a fortune to do it! With these 5 easy ideas, you'll be able to transform your outdoor spaces from drab to fab in no time!  First things first, let's declutter the exterior of your home, giving your outdoor space a makeover too! Say goodbye to any cluttered areas like your garage, shed or backyard. Roll up your sleeves and dispose of any old, worn-out equipment or items that you no longer need. Get ready to create more space and give your outdoor areas a fresh, clean look! You'll be amazed at how much more inviting your outdoor space will be once it's clutter-free. Next up...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
Historic Community Elizabeth Market Report | Charlotte NC – APR 2023 About Elizabeth 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...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
Beverly Crest Market Report - APR 2023Beverly Crest remains one of the top selling communities in South Charlotte and once you tour this lovely community, you'll see why! From the location, north of Highway 51/Pineville-Matthews Road, to the top-ranked school assignments, this community truly has it all. Community amenities include winding sidewalks throughout the community, a community clubhouse, pond, tennis court, pool & recreation area.  Contact us for more information on this popular South Charlotte neighborhood - Call or text (704) 491-3310 or email CharlotteBroker@icloud.com    March, 2023 Sales Data is as follows: Average Sales prices are $613,121.Average Days on the Market - 8Average list-to-sales price ratio - 101.9% There is a 0.3 Month Supply of Inventory in Beverly Crest   ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
Popular SouthPark Neighborhood Market Update APR 2023  - Barclay Downs Barclay Downs - A SouthPark Community - Market Report APR 2023 How's the Market in Barclay Downs? BARCLAY DOWNS SOUTHPARK CHARLOTTE:  SouthPark, once part of a 3,000-acre farm owned by N.C. Gov. Cameron Morrison, that has since been transformed into one of North Carolina’s most esteemed and successful live/work communities. It contains one of the most popular neighborhoods in Charlotte - Barclay Downs. Neighbors include SouthPark Mall, The Colony, Piedmont Row and more. Barclay Downs features several award winning public schools, a regional library, and plenty of general and specialty retail shopping.Barclay Down’s livability score is 68 – ranked #66 in Charlotte and #76 in North Carolina. It currently has a 97% high...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
APR 2023 Market Report for Zip Code 28277 Charlotte NC SFH (Single Family Homes)One of the nation's red hot zip codes is right here in Charlotte - 28277!  This area's growth has been propelled by new construction, great shopping and dining in the area, easy access to the city, a popular country club community (Ballantyne Country Club), business growth throughout the area and top-rated schools.This 5-year report is updated weekly and is data directly from Carolina MLS.  Click the interactive graphs below if you are seeking more targeted data.  For more information, specific to your own neighborhood, contact us and we’re happy to provide that for you.Average Sales Price**This graphic is interactive so you can follow the monthly changes in our marketplace. Increases in average sales price ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
Counterpoint (to my own point -  The Great Resignation) - Quitters RemorseThe Great Regret - The Grass Isn’t Always Greener Due to the pandemic shock, the power balance in the labor market shifted strongly in favor of workers, resulting in the "Great Resignation" where over 100 million Americans quit their jobs during 2021 & 2022 in search of better pay, benefits and/or career opportunities or simply retirement. I have friends who did this and are now regretting having done so…and are currently in search of gainful employment.   Why do one in four of those who resigned regret their decision?  The most common reason being that they left without securing a new job, many finding it more difficult than expected to secure a new one. Additionally, some regret quitting due to missing their old...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
The Great Resignation I took a CE course this week with one of my favorite instructors who had a discussion about real estate trends. The pandemic's equivalent to an economic unrest or side effect (as a result of the pandemic) was of interest to me as I have had several clients making real estate moves as a result of deciding to take very early retirement.So, I did a little more research on the topic. Here's what I found...In April 2021, the US experienced a significant increase in job resignations, with over four million Americans quitting their jobs in a single month, which led to the emergence of the "Great Resignation" trend. Many were seeking better opportunities, whether it was better pay, working conditions, or career advancement, and with job openings at an all-time high, they f...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Ardrey Crest Neighborhood in Charlotte's Ballantyne AreaReal Estate Report & Community Spotlight: Quarter 1 - 2023 Ardrey Crest home sale prices increased throughout 2022.  In Quarter 1 - 2023 NO homes were sold in the Ardrey Crest neighborhood. One home was listed in the First Quarter and went under contract after 13 days on market. This home will close in the Second Quarter 2023. If you've been thinking about selling your home in Ardrey Crest, this is a good time to do so. Demand is there and you'll have little to no competition. The Charlotte real estate market is again seeing multiple offers on homes in neighborhoods like Ardrey Crest.  To track sales in Ardrey Crest "real time," click here for our Neighborhood Analyzer Report and sign up to automatically receive reports on Ardrey ...
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By Carolina Buyers Agent, We Specialize in Buyer Representation Only!
(Carolina Buyers Agent)
How Buyers Can Succeed In A Changing MarketThe market for Charlotte homes is shifting rapidly, creating both pitfalls and opportunities for home buyers in the months ahead. Analysts disagree on where the market is headed, but it’s clear seismic changes are underway. In February, for the first time in eleven years, home prices fell. While prices are still high, they’re significantly lower than their peak in early 2022.There are several solid reasons for cautious optimism for a recovering home market. The overall economy remains robust and resilient. While there are concerns about inflation, global uncertainty, and recession, we can’t ignore many positive indicators, including the cooling of home prices, increased home construction startups, and declining mortgage rates. Little surprise t...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
Speechless Sundays - A Beautifully Designed Sunset Sunsets are like nature's masterpiece paintings. The sky turns into a warm and vibrant canvas of colors, with oranges, pinks and purples blending together in perfect harmony behind the deep blue & dark gray sky. We recognize it as our time to slow down, take a breath and appreciate the beauty that surrounds us…plus maybe enjoy an adult libation while doing so! We find sunsets to be the most breathtaking show on earth.Happy, happy Sunday! Have a lovely week ahead…  © Debe Maxwell, CRS | The Maxwell House Group | Savvy + Company | SavvyBroker@me.com | Speechless Sundays - A Beautifully Designed Sunset
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
365 Things to do in Charlotte, NC - The US National Whitewater Center Looking for a thrilling adventure in the great outdoors? Look no further than the US National Whitewater Center in Charlotte, North Carolina! This 1,100-acre outdoor recreational center along the Catawba River is bursting with excitement for all ages and skill levels.The centerpiece of the center is its man-made whitewater river, designed to replicate natural river conditions. Visitors can experience heart-pumping action like whitewater rafting, kayaking, and stand-up paddle-boarding, with varying levels of rapids to suit everyone from beginners to experts. Not feeling up for a wild ride? No problem! Calmer sections of the river are available too. But that's not all - the center also offers a whole host of other exhil...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
OOPS, TOO LATE IN SOUTHPARK - SOUTHGATE ON FAIRVIEWSOLD OVER LIST PRICE IN MULTIPLE OFFER BIDDING WAR. Congratulations to the new owner of this fabulous SouthPark condo! With its move-in ready condition, pristine appearance and quiet neighborhood views, this one bedroom unit is sure to be the perfect living space for this lucky new buyer.The condo's neutral appointments and open plan with 10-foot ceilings provide a bright and airy atmosphere that is perfect for relaxing and entertaining. The beautiful hardwoods and gas fireplace add warmth and charm to the space, while the Bosch stainless appliances and granite countertops make for a functional and stylish kitchen.One of the biggest perks of this condo is that all of the appliances were included - the refrigerator, washer and dryer - ma...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
Zip Code 28203 Market Report APR 2023Included in one of North Carolina’s hottest zip codes (28203), the Dilworth, Wilmore, Sedgefield, South End neighborhoods remain hot with very little inventory on the market.  All price ranges are entertaining multiple Offers and even more so, if homes are staged well and marketed properly. Wilmore & Sedgefield continue to be the up-and-coming west side 28203 neighborhoods with lots of new construction and renovation taking place on nearly every street. The location of the 28203 zip code simply can’t be beaten!Zip Code 28203 Market SnapshotClick the interactive chart below to track the historical data – average sales prices in ZIP CODE 28203.  The largest community within zip code 28203 is Dilworth.  Learn more about the Dilworth neighborhood. Here i...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
Real Estate Market Snapshot The Gates at Quail Hollow |  APR 2023 A popular South Charlotte condo complex, located just off of Park Road, The Gates at Quail Hollow offers convenience in so many forms of the word!  Residents enjoy nearby restaurants, SouthPark Mall, boutique shopping and close proximity to the freeways and Uptown.  When you're home at The Gates at Quail Hollow, the complex is ever so peaceful and quaint - enjoy quiet, sound buildings that boast private patios and even grassy areas around the complex for your fur-babies! Amenities include Clubhouse, Fitness Center, Hot Tub, Pool and Tennis Courts.   Enjoy a solid HOA with very reasonable HOA dues that include water & sewer as well.  End units also feature garages. Considering a condo purchase in SouthPark?   Give us a ca...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte Metro Regional Market Report APR 2023 (Final MAR 2023 Data) The metro region had a significant increase in month-over-month sales in March compared to February. Sales were up 40% month-over-month, which is the largest month-over-month jump in sales since March 2021. Some highlights include: • The inventory of homes for sale has increased 61.7% to 4,835 year-over-year in the Metro market. • Despite the increased inventory, the Charlotte market is still in a tight and challenging seller’s market. Even with the multiple Offers that are ‘the norm’ in many neighborhoods today, sellers don’t have the same strong position that they had in previous years. So, PRICING IS KEY to attracting buyers and to sell quickly.  • Multiple Offer situations have been being reported since the start ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(Savvy + Company (704) 491-3310)
The Fig Tree Restaurant in Elizabeth (Charlotte NC) The Lucas House, a 1913 Craftsman-style bungalow in Charlotte's Elizabeth neighborhood, is home to The Fig Tree Restaurant. Named after the four Brown Turkey fig trees on the grounds, the historic landmark was originally owned by John Paul and Alice Craft Lucas. Located across from Independence Park, one of Charlotte's first public parks, and situated on the corner of East 7th Street and Louise Avenue, this pre-WWI home is just a few minutes from Center City.  The restaurant's comfortable, yet refined atmosphere provides a one-of-a-kind dining experience. With five gorgeous dining rooms, ample seating on the veranda and patio, grand fireplaces and a full-service bar, every aspect of the restaurant's aesthetics - from the original woodw...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Palisades Neighborhood in Charlotte, NCReal Estate Report & Neighborhood Spotlight: Quarter 1 - 2023 Charlotte's Palisades neighborhood saw a 17% increase in the average home sale price in Quarter 1-2023, as well as an increase of 23% in the median home sale price compared with the previous three months. While the list to sale price ratio declined 2%, it was, nonetheless, very respectable at just under 99% (and almost 1% higher than in Quarter 4-2022). The days on market increased to 49 days, but was still lower than the 58 days we saw in the Fourth Quarter 2022. No doubt the higher home prices and list to sale price ratio comes from the 44% decrease in the number of homes for sale.  PALISADES HOME SALES SNAPSHOT: QUARTER 1 - 2023 MEDIAN SALE PRICE TRENDS FOR HOMES IN THE PALISADES(ROLL...
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