Monroe, NC Real Estate News

By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
What happened in the Monroe NC real estate market during April and May of 2009? This post will summarize first quarter real estate sales in Monroe NC plus compare average sold prices with 2008 closed prices. Monroe NC Real Estate Market Report--April to May 2009 Single Family Homes in Monroe NC Number of Sales:  36 Price Range:  $19,900 to $265,900 Average Heated Area:  1821 sq.ft. Average Price:  $131,119 Average 2008 Price:  $139,649    Change: -6% Average Days on Market:  121 Number of Contracts Pending:  30 Most Active Neighborhood:  Fox Hunt Estates, Hamilton Place Current Active Listings on Market:  306 Townhomes and Condominiums in Monroe NC Number of Sales:  2  Price Range:  $128,900 to $156,858 Average Heated Area:  1925 Average Price:  $142,879 Average 2008 Price:  $150,296   ...
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By Libby Offnick, ABR, e-PRO, SPS
(RE/MAX Executive Realty)
Yesterday while riding home from Union County I remember that in the late 1970's there was a group of invenstors (or something) that wanted to build a parking lot in place of the Old Courthouse.  The Courthouse was built in 1927 and operated until 1971 when it was replaced by a new, and at that time, contemporary building.  There was such a firestorm of support that the Courthouse was saved and reopened with county offices in 1986. This is the Courthouse today What a loss this would have been for the County.  It has been the backdrop for a hollywood movie and is so rich in history.  Why do we think that we can improve of what our ancestors built?  
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
What happened in the Monroe NC real estate market during the first three months of 2009? This post will summarize first quarter real estate sales in Monroe NC plus compare average sold prices with 2008 closed prices. Monroe NC Real Estate Market Report--January to March 2009 Single Family Homes in Monroe NC Number of Sales:  42 Price Range:  $29,900 to $279,900 Average Heated Area:  1822 sq.ft. Average Price:  $126,292 Average 2008 Price:  $139,649    Change: -9% Average Days on Market:  82 Number of Contracts Pending:  19 Most Active Neighborhood:  Lexington Commons Current Active Listings on Market:  291 Townhomes and Condominiums in Monroe NC Number of Sales:  2  Price Range:  $86,400 to $123,740 Average Heated Area:  1270 sq.ft. Average Price:  $105,000 Average 2008 Price:  $150,296...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
If you live in northern Union County NC or are considering a real estate purchase there, you should know about the Monroe Connector/Bypass.  New information about the roadway is now available. The proposed Monroe Connector/Bypass, Union County's much discussed and long-awaited highway, took another step forward this week with the release of the Draft Environmental Impact Statement by the North Carolina Turnpike Authority.  The Monroe Connector/Bypass is a proposed toll road that would cut through northern Union County from I-485 in Matthews to US 74 between the Towns of Wingate and Marshville in the eastern end of the county.  Its purpose is to provide a high-speed bypass for US 74. History of the Monroe Connector/Bypass Discussion and studies of a Monroe bypass have been ongoing since ...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Do you want to know how the Monroe NC real estate market fared in 2008? This post will summarize the 2008 real estate sales for the city as a whole plus report on the most active neighborhoods within the City of Monroe NC. 2008 Real Estate Market Report for Monroe NC Single Family Homes Number of Sales:  157  Price Range:  $15,500 to $700,000   Average Heated Area:  1693 sf  Average Price:  $139,649   Average Days on Market:  99 Townhouses and Condos Number of Sales:  16   Price Range:  $103,445 to $186,355   Average Heated Area:  1661 sf   Average Price:  $150,296   Average Days on Market:  102 Most Active Neighborhoods in Monroe 2008 Single Family Neighborhoods Brekonridge  Years Built:  1997-2003 Number of Sales:  11   Price Range:  $113,750 to $150,000   Average Heated Area:  1425 s...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
The December 15-22, 2008 issue of U.S. News and World Report just identified Monroe High School in Union County NC as one of the top high schools in the United States.  This is the second year that Monroe High School has made the list. Just how good are the Union County NC public schools?  The Union County Public Schools web site lists other "Points of Pride" for the schools. Union County Public Schools has six of the 29 schools in the state that earned the highest designation of Honor School of Excellence out of 2397 schools included in the state testing. Union County seniors scored higher on the SATs than state and national levels for the third year in a row. The Union County Public School system ranks #1 among the nine largest school systems in the state with percentage of schools ma...
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By Terry Connell-Davis, CRS.GRI
(KELLER WILLIAMS REALTY)
PRESSON FARMS in Monroe, NC - 1128 Presson Farm Lane - Approx. 3000 SF with state-of-the-art horse barn! Bring the horses!!! Beautiful equestrian retreat! 6.77 acres of unforgettable beauty. The meticulous landscape itself is sure to impress at first glance. The pride of ownership shows here with priceless Japanese maples and professioinally designed landscaping.  The treasure this home offers is a 4 stall state-of-the-art barn with huge tack room and wash bay. Just outside the barn you'll find plenty of fenced pasture area to enjoy the horses grazing. From your covered front porch you can admire the open acreage with horse jumps. The front porch is ideal for rocking chairs and boasts brick pavers and dynamic brick work. This home is situated off the road up a long drive where you'll fi...
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By Judi Downing Real Estate Properties in Charlotte & Union Co
(Keller Williams Realty)
One of my favorite times of the year. Finally it is starting to cool some and I love to decorate my home for fall. I try to do it around Labor Day weekend. This way I can enjoy my decorations up until the day after Thanksgiving them it time to do Christmas.  Get creative. Don't just do a little inside take your creative style outside for your neighbors to see. I like to do fall silk flowers on my mailbox. We have brick columns at the end of our driveway so I put a fall spray of flowers and leaves along with fall ribbons around each light on the columns, you gotta put out a Scarecrow, some mums a few pumpkins. I have toparies on each side of my front door so I utilize them as well. Just get creative, look in magazines, visit your local craft stores and have fun.  
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By Judi Downing Real Estate Properties in Charlotte & Union Co
(Keller Williams Realty)
Lake Twitty is a 400 acre lake owned by the city of Monore. Mostly pontoon boats. Many of the homes located in the subdivisions around Lake Twitty have docks.  Minutes to downtown Monroe, and convient access down Hwy 74 to I-485. Enjoy Union County taxes. Want to know more contact me at 704-219-2417 or email me at  jdowning@kw.com Lake Twitty, owned by Monroe, is a 473-acre water Boats limited to less than 20 feet with 20-horsepower engines or less. What's biting: Largemouth bass, with many 4- to 8-pound individuals; bluegill in the 6- to 8-inch range; catfish, pumpkinseed sunfish.  
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By Judi Downing Real Estate Properties in Charlotte & Union Co
(Keller Williams Realty)
One of Monroe's best kept secrets!! This small subdivision has about 20 custom built homes is located on Lake Twitty in Monroe NC.  Lake Twitty is a 400 acre lake.  Most homes are on a least .92 of an acre. Large lots. Only minutes to I-485 with lower union county taxes. Want to know more give me call or email me. I am the neighborhood expert!
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By Charlotte Home Loans Your Charlotte Mortgage Lender
By roughly March 17, some 90,000 Union County homeowners and property owners will be notified of Union County's new values. The county is revaluating property values and has indicated that 90,000 residents and owners will be notifed of a change in their value... most likely an increase.For more information about this notice and what it means to Union County property owners visit: Union County Real Estate and Taxes_____________________________________________________Brought to you by The Ed Nailor Mortgage Team, providing Charlotte area mortgage loans
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By Charlotte Home Loans Your Charlotte Mortgage Lender
Wishing all who read this a great Holiday Season and a tremendous 2008. To those I have worked with and worked for, thank you for a great 2007. For those of you that I have not yet had the pleasure of meeting, I look forward to meeting and working with you / for you in 2008.God bless you and your family this holiday season.-----------------------------------------This Holiday Wish is brought to you by Ed Nailor, of The Ed Nailor Mortgage Team. Dedicated to educating, inspiring and assisting in the American Dream. - "when time and money really matter"Ed Nailor We know Charlotte Mortgage Loans704-651-8704 Phone or visit http://www.ednailor.com/
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By Charlotte Home Loans Your Charlotte Mortgage Lender
Now is the best time to buy a home in Monroe. Why? There are several good reasons:Mortgage Rates in MonroeMortgage rates in Monroe are the lowest they have been in years and will be rising soon. Fannie Mae and Freddie Mac have already announced changes that will impact home loan rates and cause them to jump. Experts, including myself foresee this happening very soon, so locking in a low mortgage rate now would be a great move allowing you to get the best home loan!Homes for Sale in MonroeRight now, there is a great selection of homes for sale in Monroe. This has created a buyer's market in Monroe that we have not seen in a very long time! By acting now, you may get the best deal in Monroe real estate that you will ever get. Sellers are Negotiating Deals in MonroeThis means that in addit...
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By Charlotte Home Loans Your Charlotte Mortgage Lender
An interesting article appeared in Friday's Charlotte Observer. Due to copyright laws, I can not do a simple copy/paste, so I will do my best to summarize for you. The article can be found online at http://www.charlotte.com/, at least for the time being.In an article titled "Price trends? Area stats among nation's best", columnist Allen Norwood brings out some very interesting details. According to this article, the National Association of REALTORS (NAR) issued a press release that had said that in the South, the Charlotte region (known as Charlotte-Gastonia-Concord) had the strongest SFR price increase. The current average according to the information was at $220,100 which is UP 11% from a year ago. According to the article, the press release was from earlier last week, and covered the...
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By Charlotte Home Loans Your Charlotte Mortgage Lender
Monroe, NC is one of my favorite places this time of year. With the seasons changing and the holidays approaching, the southern charm of Monroe just stands out! The friendliness of the people really comes to life!As you drive around Monroe you will see the holiday spirit coming to life. Lights are going up, decorations are being put in place and trees are getting trimmed for the holidays. And with such a diverse mix of cultures in the area, you are bound to see an interesting mix of holiday celebrations.And while the holiday shopping season is beginning as well, folks in Monroe seem to have a smile on their face. The southern charm of this city already makes it a wonderful place to live, but add the holiday spirit on top of that and you just can't help but make new friends!While many pe...
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By Charlotte Home Loans Your Charlotte Mortgage Lender
That's right! Monroe, NC is for sale and you can own a peice of it!Right now is one of the best times in history to buy a home in Monroe, NC! Not only are mortgage rates still near 30 year lows, but there have not been a better selection of homes to buy in a long time! With a soft real estate market, a pre-approved buyer can walk into any home and with the help of the right real estate professional get the home of their dreams for a steal!Don't believe me? Charlotte area investors are having a blast right now! They are buying up homes left and right, even when sales are supposed to be slow. Most of these investors don't keep the home to rent out.. they resell for a Profit! And they are not holding them long! If investors are willing to risk the money they put up in hopes for a quick ret...
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By Judi Downing Real Estate Properties in Charlotte & Union Co
(Keller Williams Realty)
Looking for privacy yet close to Downtown Monroe, this one is it! Home sits on 1.42 acres, with fenced backyard, above ground pool and deck for entertaining or just relaxing. Split bedroom floor plan. Large great room & kitchen open floor plan. Covered porch off kitchen leading to deck and pool. Mature shade trees surround the hone giving privacy. 3 Bedrooms 2 baths. Vinyl siding maintenance free. $112,900 MLS# 722087 Visit www.Downinghomesales.com
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By Judi Downing Real Estate Properties in Charlotte & Union Co
(Keller Williams Realty)
Thinking about relocating to Monroe, NC in Union County? Let me tell you some of the features and great reasons for living in Monroe.  Taxes they are lower than in Charlotte yet you are just minutes from Charlotte. In addition to lower taxes you can still find subdivisions/neighborhoods where you have an acre. Legacy on the Lake, Mallard Landing, Lakeshore Estates are just some of the ones which over large lots not to mention that these neighborhoods are on Lake Twitty which is a 400 acre lake owned by the City of Monroe. Great for fishing, I believe the max it a 20 HP and Pontoon Boats are allowed. Homesites along the lake have boat docks for the homeowners pontoon boats. Monroe offer it's own hospital- Carolinas Medical Center-Union, Wingate University is located just outside of Monro...
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