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Charlotte, NC Real Estate News

By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
The Charlotte housing market has changed recently. Before, prices kept increasing constantly, but now, it is a more varied landscape. Some places are experiencing price increases, while others are witnessing price decreases.  This is different from the previous trend because prices just kept increasing.  We want to help you know why this change is happening. This knowledge can help you make decisions when buying or selling a home in Charlotte, NC.  Will Housing Prices Fall in Charlotte, NC?  The prices are changing in different parts of Charlotte. Some areas that used to cost a lot in 2021 and 2022 are now getting cheaper. But in other parts, the prices are going up.  Around June 2023, house prices in Charlotte were expensive, about $425,000 on average. That’s a big jump of 5.1% from ho...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Charlotte has many different neighborhoods. Some neighborhoods feel old and historic, while others are modern. These neighborhoods show how Charlotte keeps growing and changing over time.  This guide discusses how these neighborhoods are changing and what makes them unique. We’ll learn about what’s special in each area and why they appeal to residents.  Find the right neighborhood with this guide, whether you like old-style, modern, or a blend of both.  Is Charlotte NC Up and Coming? Charlotte Regional Business Alliance found that many people are moving here in Charlotte.  About 113 people picked Charlotte as their new home every day between 2021 and 2022. That’s a significant number! It shows that many people favor Charlotte’s living environment. Charlotte is getting more new residents...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Now is a great time to sell your home! With experts like Nancy Braun, you can make the most of this seller’s market.  This guide is your source for selling your home in Charlotte. The real estate market is changing, but right now, there are a lot of people searching for homes to buy.   You need to follow tips to guarantee a fast and profitable sale. These include finding the right agent, enhancing curb appeal, or making prompt repairs. In this article, we'll discuss these tips and more.  How Can I Sell My Home in Charlotte, NC? Selling Your Charlotte Home at the Right Price When you want to sell your home in Charlotte, getting the price right is super important. It makes your sales quick and profitable. But don’t worry. We’ve got tips to help you with this.   Look at Similar Recently So...
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By Keith Lutz
(Keller Williams Metropolitan)
It seems a few residents are not happy with our new Mayor.  In one of the wealthiest areas of Charlotte, he is proposing a low income housing project. On the Charlotte-Mecklenburg website, the information for the rezoning at the corner of Marvin Road and Ardrey Kell has been updated. Go here for more information. For the proposed rezoning just south of Ballantyne Country Club, there are some important dates coming up. On March 10 or before, the developer will hold a public meeting. On March 15, 6 p.m., there will be a public hearing with the City Council; supporters and opponents of the proposed re-zoning can state their issues and concerns. Residents are encouraged to contact their local City Council Representative for District 7 and the four council Members-at-Large to share any conce...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
A quick review on Charlotte homes for sale in Blakeney Heath, spanning current activity since September of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Blakeney Heath. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Blakeney Heath Housing Activity from 09/01/2009 through 02/14/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 4 $264,150     64 Pending 0 0      0 09/01 through 02/14 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 3 $249,866 $245,000 97% 188 2008-2009 3 $244,163 $229,666 94% 87 2007-2008 5 $251,840 $248,480 99% 72 If you are a buyer or seller, inte...
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By Raine Spivey, Realtor
(REIGN REALTY)
In any transaction, anything can go wrong, not just in real estate.  The only alternative is to resort to some sort of mediation, be it legal or arbitration with the governing board. As a Buyer, when under contract with a Builder or seller, and you are not able to get financing, guess what, you cannot buy!  Now if you really want that house, your obligation is to that seller, or builder.  Immediately you are to notify them, in writing, that you were unable to get financing from your lender, and that you would like to look for another lender.  However, you do not have to keep looking for a lender to give you a loan if you've decided to not purchase the home because of no financing.  Especially if you've made application with one of the builder's "Preferred Lenders."  But, if you are seri...
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By Dave diCecco, Dave Sells Charlotte
(Helen Adams Realty)
Every day I hear people say "I love to own a home but I do not have the necessary down payment".  When i start talking with them about the situation.  They tell me that they qualify for a mortgage based on their income and credit.  However;  in these tough economic times they are having a difficult time saving the necessary down payment to purchase a home.  They are either staying where they are at in the apartment complex or choosing to go with a lease options or rent to own on a home.  Well there are choices out there for you....  I recently closed another transaction through one of these programs where a couple are now proud homeonwenrs; when they thought it was out of there reach.   One program that is exclusive for the Charlotte North Carolina market is called House Charlotte.  A g...
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By Lars Hedenborg
(RE/MAX Real Estate Experts)
We have said it over and over again; we are seeing some of the lowest interest rates in history. Last week's numbers are in and the interest rate on 30 year fixed mortgages averaged 4.97%. You don't want to miss out on these great rates! Additional incentive to buy a home can be found in the Home Buyer tax credit. The deadline will expire April 30th, 2010 and there is no talk of another extension at this time. If you are trying to figure out if now is the right time to buy a home in the Greater Charlotte area, call Lars Hedenborg! His team can answer your questions about the current market in Charlotte.
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By Raine Spivey, Realtor
(REIGN REALTY)
Today I went on one of those tours a builder in my area conducted, and it was nice.  What I've noticed, across the board, is builders are definitely serious about selling their homes.  They are adding nice upgrades at minimal cost, to entice the buyers to buy.  Makes me excited about showing their properties to my Buyers. On the other hand, history has proven that a new home bought is like buying a new car.  The minute you drive it off the lot you've lost value.  I've heard many cases of buyers of new homes being so distraught over the fact that their new home is not worth what they paid.  To this I say, Incredible. As a Realtor, it is my job to get my client the best house for the best price.  If they insist on new homes, I have no issue with that.  I do, however, let them know of the ...
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By Tera Walton
(Ivy Property Group, LLC)
With so much information readily available online, clients sometimes ask me, "Why should we hire a real estate agent?" They wonder, and rightfully so, if they couldn't buy or sell a home through the Internet or through regular marketing and advertising channels without representation, without a a real estate agent. Some do OK, many don't. So if you've wondered the same thing, here are 10 reasons why you might want to consider hiring a professional real estate agent. 1. Education & Experience You don't need to know everything about buying and selling real estate if you hire a real estate professional who does. Henry Ford once said that when you hire people who are smarter than you are, it proves you are smarter than they are. The trick is to find the right person. For the most part, they...
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By Mark & Lisa Ramsey
(Keller Williams Realty)
Whether you are a long time Charlotte veteran or new to the area here's a helpful link provided by one of our local TV news channels. WBTV provides a "Newcomers Guide" that provides a vast amount of information from fun things to do in the area, where to get your driver's license, golf course locations and much more. Check it out - www.wbtv.com/global/category.asp?C=168889
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By Mark & Lisa Ramsey
(Keller Williams Realty)
Grab your running shoes and a friend and join your Highland Creek neighbors at the Run the Creek 5K run-walk event on March 20th. The fun begins at 9:00am at the Highland Creek Elementary School. For more information and to register visit - www.setupevents.com
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By Raine Spivey, Realtor
(REIGN REALTY)
I had a meeting this past week with someone who made me realize something important...ANYONE CAN SAY THEY WILL BUY YOUR HOUSE, even a criminal.   With many people out of work, and still millions of homeowners facing foreclosure, many will make decisions probably out of desperation.  Some will call the number on signs they've seen while driving around their area that say they can buy your house.  What I say to those homeowner is, THINK ABOUT THIS! To invite a stranger to come into your house, take your loan and very personal information, and actually walk around the very place where you and your kids sleep,  should be taken very seriously.  So what if they have a business card, a briefcase and a "professional look".  They are still strangers! With a Realtor, rest assured we get backgroun...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
A quick review on Charlotte homes for sale in Kingston Forest, spanning current activity since September of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Kingston Forest. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Kingston Forest Housing Activity from 09/01/2009 through 02/14/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 1 $299,999     75 Pending 0 0      0 09/01 through 02/14 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 1 $325,000 $312,000 96% 43 2008-2009 2 $290,401 $282,000 97% 117 2007-2008 2 $354,450 $332,450 95% 26 If you are a buyer or seller, i...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
A quick review on Charlotte homes for sale in Wildflower Pond, spanning current activity since September of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Wildflower Pond. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Wildflower Pond Housing Activity from 09/01/2009 through 02/14/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 0 0     0 Pending 0 0     0 09/01 through 02/14 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 4 $229,225 $221,312 97% 64 2008-2009 1 $214,900 $212,000 99% 13 2007-2008 3 $225,566 $221,900 98% 40 If you are a buyer or seller, interested ...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
A quick review on Charlotte homes for sale in Ardrey, spanning current activity since September of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Ardrey. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Ardrey Housing Activity from 09/01/2009 through 02/14/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 12 $485,683     83 Pending 2 $424,500      72 09/01 through 02/14 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 11 $488,800 $471,061 96% 124 2008-2009 16 $485,977 $472,880 97% 109 2007-2008 10 $464,045 $453,600 98% 95 If you are a buyer or seller, interested in h...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
A quick review on Charlotte homes for sale in Beverly Crest, spanning current activity since September of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Beverly Crest. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Beverly Crest Housing Activity from 09/01/2009 through 02/14/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 14 $371,746     61 Pending 0 0      0 09/01 through 02/14 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 7 $324,742 $311,714 96% 134 2008-2009 5 $356,960 $350,180 98% 97 2007-2008 8 $353,912 $346,986 98% 59 If you are a buyer or seller, intere...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
A quick review on Charlotte homes for sale in Blakeney Greens, spanning current activity since September of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Blakeney Greens. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Blakeney Greens Housing Activity from 09/01/2009 through 02/14/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 4 $292,000     53 Pending 0 0      0 09/01 through 02/14 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 2 $317,495 $309,500 97% 134 2008-2009 2 $299,949 $298,000 99% 51 2007-2008 11 $330,409 $321,381 97% 69 If you are a buyer or seller, ...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
A quick review on Charlotte homes for sale in Providence Pointe, spanning current activity since September of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Providence Pointe. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Providence Pointe Housing Activity from 09/01/2009 through 02/14/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 14 $335,864     46 Pending 1 $300,000       09/01 through 02/14 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 5 $325,720 $316,300 97% 78 2008-2009 4 $316,250 $298,250 94% 89 2007-2008 12 $391,613 $379,979 97% 108 If you are a buye...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
A quick review on Charlotte homes for sale in Cady Lake, spanning current activity since September of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Cady Lake. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you. Cady Lake Housing Activity from 09/01/2009 through 02/14/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 5 $348,640     90 Pending 0 0     0 09/01 through 02/14 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 5 $332,366 $307,125 96% 51 2008-2009 2 $320,975 $310,000 96% 118 2007-2008 6 $383,650 $374,666 98% 47 If you are a buyer or seller, interested in homes fo...
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By Lars Hedenborg
(RE/MAX Real Estate Experts)
If you are looking for some great performances to attend in Charlotte, NC, the Ovens Auditorium has some wonderful shows to choose from! From Ballet to Blues, the upcoming shows have something for every taste! Let's take a look at what's happening at the Ovens through February! February 18 you can enjoy the sounds of Ireland as Celtic Women take the stage! You will enjoy contemporary songs as well as Irish Standards as these amazing vocalists perform. The concert has already been a smash hit around the globe! If you love music, this is one not to miss! If your passion runs to food, then hold on to your fork and knife! Paula Dean is in the house! This first lady of home cooking will be at the Ovens Auditorium on February 20th! There are several ways to take in the show. For a once in a l...
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By Dave diCecco, Dave Sells Charlotte
(Helen Adams Realty)
I received a letter in the mail yesterday from my HOA. I purchased the home we are in back in November and did my due diligence to get a copy of the restrictions and covenants before i moved in. I was quite surprised by the amount of different agents i talk with, who do not even consider getting a copy of the deed restrictions and any Homeowners Association Covenants for prospective buyers. I personally feel that should be readily available when you are looking at a home. Especially being from up North; where a Homeowners Association basically only applied if you owned a condo or a town home. I make sure each and every one of my buyers know if there is an HOA and if there are any deed restrictions on the property before they put an offer in. My letter stated that i was in violation of o...
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By Raine Spivey, Realtor
(REIGN REALTY)
Someone that is down for the buyer! Period.  There is no other way of explaining that but getting straight to the point. To my surprise, there are buyers, with an agent, or has had an agent, that still do not know the different relationships they can have with a Realtor.  All they know is they have to "sign something" with an agent, and they're not quite ready for that.  Most buyers are apprehensive in the beginning, because they've been told alot of bad stories about "real estate agents and their contracts." Well, when you sit and talk with me you will know everything you need to, as a responsible adult purchasing real estate.  What Buyers need to understand is, THEY hold the keys to the success of a transaction.  It all starts with who they decide to do business with.  The mentally sh...
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