Charlotte, NC Real Estate News

By The Vining Group at eXp Realty, Relationships First. Real Estate Second.
(The Vining Group)
Welcome home to 2218 Charlotte Drive in historic and beautiful Dilworth, one of the most prestigious areas of Charlotte, and very close to uptown. This lovingly maintained 1.5 story home boasts two generously sized bedrooms on the main floor, two living spaces, and a dedicated pantry/laundry room. You’ll be captivated by the Owner’s Suite that encompasses the entire upstairs. It includes a completely updated master bath and a vast amount of space for an office, sitting area, exercise area, or additional storage. The renovated kitchen features open shelving, stainless steel appliances, a gas range and vent hood, and original glass fronted cabinetry. The screened sun porch also provides a perfect place to relax and entertain. It has been re-plumbed, has a new water heater, and a brand new...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Top 5 Restaurant Picks for Dining Out (Take-out) in Charlotte - Valentine’s Day 2021 For many, the month of February conjures up an emotion, just saying the word ‘February’ – LOVE!  Even with this Valentine’s Day looking a bit different than we’re used to, Valentine’s Day is still going to happen this Sunday! So, let me help you meet the challenges for the perfect date night - in a pandemic, of course...and, dining-IN, rather than dining OUT! Here is a variety of 5 take-out menu offerings that are sure to add sparkle to your Valentine’s Day. Bon Appetit! Table & Twine CLTFrom a surf & turf package to add-on cocktail mixes, you can’t go wrong with Table & Twine’s wonderful menu options. Mama Ricotta’s Mama Ricotta’s offers a full takeout menu that is perfect for Valentine’s Day.  If you’...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Valentine's Day Pet Adoption Event In Charlotte Sponsored By The Humane Society of Charlotte Looking for a special way to celebrate Valentine's Day? Is there a better way to show love than to adopt a pet or support the pet shelter cause on Valentine's Day? Why not join the Humane Society of Charlotte on Valentine's Day, this Sunday, February 14 from 2:00 till 4:00 pm for an adoption event at Wooden Robot Brewery! $1 from all beers sold during the event will be donated back to the Humane Society of Charlotte! (Masks and social distancing required.) Wooden Robot Brewery, an urban farmhouse brewery, is located at 1440 S Tryon Street in Charlotte's South End. To attend, please respond on Wooden Robot Brewery's facebook page.  Find the love of your life at the Humane Society of Charlotte. F...
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By Carolina Buyers Agent, We Specialize in Buyer Representation Only!
(Carolina Buyers Agent)
Is Home Ownership An Impossible Dream?In previous posts, we’ve noted the immediate impact COVID has had on the Charlotte real estate market. Now the market is reeling again from the pandemic’s aftershocks. COVID has had a chaotic effect on the timber industry, and this in turn has translated into higher lumber costs, further hampering builders.This is one nasty virus.Of course, this is just the latest jolt to a housing market in turmoil. It’s been a lopsided seller’s market for longer than we can remember, and the continuing inventory problem has now reached a critical state. Analysts report an eye-popping 59.8% drop in homes for sale since January, 2020 – and keep in mind that this is after several record-breaking years of decreasing inventory.The latest figures do not offer much comfo...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Lack of affordability remains a challenge for many cities across the country. However, it has never been a problem for Charlotte, NC. Charlotte ranks as the 4th best real estate market to invest in for the whole of the US. The current valuation of the houses here surpasses the national median. It is now at $208 price per square foot. The pandemic depleted and brought down home sales by about 22.2%. Nevertheless, home prices remained steady. Today, Charlotte North Carolina Homes for Sale numbers have kept increasing. Let's answer a few prominent questions if you're looking to invest in Charlotte, NC.Where can I invest in Charlotte, NC?Some of the best areas to invest in Charlotte, NC, are South Park, Ballantyne, Myers Park, Lake Park, and Tega Cay. A few others include Cramerton, Davidso...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Latest news on the Ballantyne real estate market and what it means for you...  Ballantyne remained a seller's market in January 2021 resulting from the continued lack of inventory. Months supply of inventory was down (-54.5%) compared with January 2020 to 0.5 months of housing supply. The 60.5% drop in housing inventory resulted in considerably lower days on market, an increase in closed sales. Average Ballantyne home sale prices increased 20.1% to $423,598 in January 2021 compared with the same month one year ago. Median home sale prices increased 13.9% to $362,000 in January 2021. Home sellers received a median 100% of list price in final sale price (up 3.4% year-over-year).  Ballantyne homes sold quicker than ever with Median Days on Market at just 5 days, down 30 days compared with...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Beverly Woods Market Report FEB 2021 (SouthPark Neighborhood) Beverly Woods (SouthPark Neighborhood) Market Report is reflective of just how popular this community really is. There's just no community in Charlotte like it! The Beverly Woods real estate market continues to be in a strong sellers market with sales prices beginning to spike, just a smidgen - with a slight increase in price per square foot. Updated homes do tend to sell for a higher price per square foot, as in any Charlotte neighborhood.  The average sales price per square foot currently in Beverly Woods is currently $238, up 12% year-over-year. Real estate is an incredible investment, isn't it?!   Average Sales Price is $492,346  Average Days on the Market are 21  List-to-sales price ratios in Beverly Woods is approximate...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
  Have You Ever Wondered What Cats Think About Super Bowl Sunday And The Big Game? If you're a cat lover (or maybe even not) you'll enjoy this video that will show you exactly what cats think about Superbowl Sunday and about us humans observing this tradition! After watching this video, you might never think of Superbowl Sunday in the same way again!    If you've been thinking about getting yourself a really smart cat, who'd enjoy spending Super Bowl Sunday with you, I'd like to introduce you to couple of very smart (and lovely) cats temporarily residing at The Charlotte Humane Society, patiently waiting for their fur-ever homes. As someone once said: "no home is complete without the pitter patter of kitty feet."   Boston: Russian Blue Male Suzie: Female Domestic Shorthair  MORE BEAUTIF...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
The Most Common Things to Avoid after You have Applied for a Mortgage [INFOGRAPHIC]Anyone in the real estate or mortgage business can share a horror story (or two!) that caused someone to lose the home that they were attempting to buy. It’s one of the toughest times in our business – it’s absolutely heart-wrenching! A buyer finds their dream home, applies for a mortgage, goes under Contract and pays for their appraisal and all inspections and then, with the lull in things to do for the new house & mortgage, goes on a spending spree! Everyone wants new furniture for their new home, new rugs, new lighting…some even feel that they have to keep up with the Joneses with a new CAR to go in their new garage!Here are a few things you should avoid, at all costs, after applying for a mortgage:   ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
February, 2021 Market Snapshot | Ballantyne Meadows Charlotte North Carolina Real Estate Are you in search of homes for sale in the Charlotte Ballantyne area?  You won’t want to miss this great neighborhood in the heart of Ballantyne. This popular Shea-built community features great lots, wonderful schools and fantastic neighbors.  This community is assigned to award-winning schools as well.  Just a short jaunt to everything Ballantyne, you'll find fabulous restaurants, cozy shops, golfing and recreation as well as easy access to the I-485 freeway.Ballantyne Meadows is a constant in the Ballantyne (Zip Code 28277) area - home sales are increasing, sell quickly and appreciation in the community continues at a steady pace. Here is the most recent market snapshot for Ballantyne Meadows nei...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Charlotte Market Update - FEB 2021 - 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? There are 6 condos currently active on the market in the complex with 4 under Contract & in Escrow. There is an approximately 3.3 month supply on the market (a 94.1% increase year-over-year) and a 121-day average on the market for sellers in Fifth & Poplar. Here's the market snapshot for this February, 2021.      SEARCH UPTOWN CONDOS FOR SALE  SELLERSIf you're thinking of selling your first, second, third or...home, let’s talk! As w...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Love is in the air this Saturday, February 6th at the outdoor, pop-up shop with CLT FIND and Amy Moffatt Art. Isn't it nice that not all events are virtual this year? The Saturday pop-up shop will be open from 11:00 AM till 3:00 PM at 911 Mason Oaks Court in south Charlotte. Why not check it out? Maybe you'll find a special Valentine's gift for that someone special in your life. Find Out More About Amy Moffat And Her Art A Portfolio Of Amy Moffat's Work "Love is like a piece of art work, even the smallest bit can be so beautiful."-- Stacie Cunningham  Do you remember the song, "Love Is In The Air?"This song was released as the lead single from Young's fourth studio album, Love Is in the Air (1978). At the Australian 1978 King of Pop Awards the song won Most Popular Australian Single.   
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By The Vining Group at eXp Realty, Relationships First. Real Estate Second.
(The Vining Group)
We’re excited to present this gorgeous, move-in ready, mid-century modern ranch to the Charlotte market. This home is nestled in the resounding Windsor Park neighborhood. This newly & fully renovated masterpiece will leave guests in awe. It’s clean! It’s modern, crisp and swanky! The layout and finishes of the home make it fantastic for entertaining while allowing for peace and serenity. This beautiful home is conveniently located near NODA, Plaza-Midwood and Kilborne Park; which means great dining, amazing eateries, exercise and fun are just minutes away.
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Parkwood Knoll (Myers Park) Market Report JAN 2021Popular full-brick complex in fabulous Park Road/Myers Park location in Charlotte, Parkwood Knoll is the premier luxury condominium complex.  Sales prices continue to rise and the time on the market continues to decrease with 106 days on the market in Januray 2021. Below are the details with average sales price, days on the market, list-to-sales price ratio and current inventory (months supply).  The charts below are interactive so, you can click on each of them for the updated information or review the history by following the graph as well.Average Sales Price   Average Days on the Market  List-to-Sales Price Ratio  Months Supply of Condos for Sale in Parkwood Knoll**The months supply is 2.9, slightly higher than average in the area. Hi...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Real Estate Market Snapshot The Gates at Quail Hollow |  JAN 2021     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 fabulous nearby restaurants, SouthPark Mall, boutique shopping and close proximity to the freeways and Uptown Charlotte.  When you're home at The Gates at Quail Hollow, the complex is ever so peaceful and quiet. The buildings feature private patios and even grassy areas around the complex for your fur-babies! Amenities include Club House, 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 ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Ballantyne – Blakeney Neighborhood Market Update JAN 2021 – MITCHELL GLENPopular South Charlotte neighborhood in top-ranked school zone offers 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 7 and there are currently no homes in Mitchell Glen that are actively being marketed - no active, coming soon listings or any currently in Escrow at the moment.Here is the Ballantyne – Blakeney Neighborhood Market Report JAN 2021 – MITCHELL GLEN: Current Average Sales Price in Mitchell Glen ($368,177)  Mitchell Glen's Average Days on the Market - 7 (My personal average days on the market in Mitchell Glen  are 3...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Charlotte NC STONECROFT Market Report JAN 2021The area's most elite custom builders came together and created an exclusive, luxury South Charlotte neighborhood, preserving age-old trees and developing stunning streetscapes. A complimentary mixture of architecture within the 120 elegant estate homes in Stonecroft, overlooking Carmel Country Club, draws one into this wonderful community.Located in SouthPark, just minutes from Uptown and Charlotte Douglas International Airport, Stonecroft homeowners have fingertip access to everything that Charlotte has to offer. From the finest dining to cultural arts, professional sporting arenas to upscale shopping and schools to churches of all denominations, Stonecroft residents have ready-access!Property in Stonecroft will always be desirable and as ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Debunking the Forbearance and Foreclosures Myths in 2021Many homeowners had their lives turned topsy-turvy nearly a year ago with their economic stability, completely disrupted. In the beginning of the COVID pandemic, economic uncertainties were first and foremost in most American’s minds. The government very quickly responded to that angst, putting into place forbearance plans. They were available to homeowners who had experienced job loss and/or economic hardships, allowing them to remain in their homes, without making their monthly mortgage payments.  Some who signed up for the forbearance program, quickly rebounded and have since attempted to secure a mortgage for a new house and many to refinance their homes. Sadly, those who accepted forbearance are unable to refinance or secure m...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
2020 Final Home Sales Data Signals Strong Expectations for 2021 What is the outlook for 2021 in the real estate market? I think taking a look at the year of obstacles, 2020, is a great place to start making projections.  Last year, the year of the pandemic, sales out-performed 2019 by 5.5%. I know that’s difficult to believe but, really, everyone needs housing and now that we have been ‘exposed’ to the effects of a pandemic, we now know how valuable housing really is. Spending more time at home than ever before, needing more space for home-schooling and for office space for ourselves, we felt the pressure to get out and find more space.Here’s how the market fared for 2020, including final numbers for DEC 2020: • Charlotte-area home sales continue to show increasing signs of stabilizatio...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 Ballantyne Book Club 2021 Reading List Did you know that Charlotte's Ballantyne area has an active Book Club which meets monthly? If you love reading good books and discussing them, you might want to participate in Ballantyne's Book Club. The 2021 reading list includes a mix of fiction, classic books, and non-fiction... something for everyone who loves to read.  “Sleep is good, he said, and books are better.” -- George R R Martin  The next Ballantyne Book Club meeting is on Wednesday, January 27th, 2021 at 5:30 PM. Until further notice, all Ballantyne Book Club events are virtual over zoom. The Book Club does ask for an RSVP. When you RSVP you'll receive an email link to join the Zoom Meeting.  “That’s the thing about books. They let you travel without moving your feet.”  -- Jhumpa Lah...
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