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Mooresville, NC Real Estate News

By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
  If you are looking for a newer Mooresville home in a well-maintained neighborhood on at least .5 acres and within walking distance to Lake Norman you would normally be looking at prices starting in the high $300,000's on up to $10 million.  That is what makes the Harbor Landing community so remarkable!   Harbor Landing is a small community of homes ranging is size from 1700 square feet to about 3000 square feet.  Most of the homes are on at least 1/2 acre of well-maintained and landscaped lots. Located off Perth Rd. just North of Hwy 150, this Mooresville community is close to the popular Lake Norman Schools, new Harris Teeter Shopping Center and within walking distance of Lake Norman!         I just listed this charming 3 Bedroom 2.5 Bathroom Ranch, 209 Harbor Landing Drive, on .59 ...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
I just got word from Joel, owner of the happening Joel's Grill in the Harris Teeter Shopping Center on the Lake Norman side of Mooresville that he will be opening a new restaurant:  J.J. Wasabi's at "DoMo" in Historic Downtown Mooresville! If you know Joel and/or have been to his popular restaurant Joel's Grill you know that he doesn't do anything that doesn't include great food, high energy and fun that becomes a magnet for the who's who of Lake Norman.  I expect J.J. Wasabi's, in addition to Soiree''s new restaurant SPEED, to bring a fun, night life and sense of destination to our great Downtown Mooresville's Main Street....now simply "DoMo"!           J.J. Wasabi's at DoMo will be located at the wonderfully restored, yellow-front building on the corner of Main and Moore St.:  183 N....
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By Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate
(Southern Homes of The Carolinas - The Powell Team)
Do you live in Mooresville North Carolina or the surrounding area and need to sell your home NOW to avoid foreclosure?  But, due to current real estate market conditions you won't be able to sell it for a high enough price to pay off your mortgage(s), the Realtor's listing commission and other seller fees?  Well, you aren't alone! Unfortunately, owners in Mooresville North Carolina and across the country are finding that their home's current market value is less than they paid for it.  Even more tragically, the value of their home is less than the loan payoff.  They always heard that home values will go up over time, they thought they were building equity in their home... thus saving for retirement or for a downpayment to move up to a larger home in a few years. If possible, home owners...
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By Chad Yates, Realtor CEO, Assist2Sell Smart Choice Realty
(A2S Smart Choice)
Hey guys I am sure everyone is being bombarded with emails about property for sale in there area's. I mean what good RE broker wouldn't take advantage to a free plug! However I do have a few listings that are far below the CHEAP price, I have one in the TEETER FARMS Subdivision in MOORESVILLE, NC that is available at less then the actual cost to build it!! Its is a subdivision the prohibits anything less then 1M being built, and its currently listed for $799K!!! Please check out our website to se it www.homerealtyandmortgage.com I have a few more in the Salisbury, NC area that are also less then actual bulld cost and they are on the golf course, please feel free to surf our site to see these wonderful deals Keep in mind we also have special finacing available for eveyone, as we are also...
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By Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate
(Southern Homes of The Carolinas - The Powell Team)
                A short sale occurs when the proceeds of a real estate sale fall short of the balance owed on the property.  In a short sale, the bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with a bank's Loss mitigation department.  A Realtor can help you through this process and negotiate with the bank on your behalf. What does this mean for you as a BUYER? Because of the current mortgage crisis and the large number of homes that are facing foreclosure, there are many short sale listings currently available for purchase in Mooresville NC, Lake Norman and the surrounding areas.  These homes are available at BARGAIN prices, so they can be sold quickly, b...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
    It probably does not surprise you that the Lake Norman real estate market is still feeling the affects of our serious national economic challenges as well as the struggling housing markets throughout the U.S. both emotionally and statistically.  To give you some real examples, I currently have about 20 extremely well-qualified buyers relocating to the Lake Norman area from throughout the country ranging in price from the $200,000's up to $5 million.  About one third are waiting for their homes to sell before they purchase their Lake Norman home but plan to move here as soon as possible once their home sells.  The rest of my buyers are able to buy at anytime.  They are either in the final stages of deciding whether to buy a home in Lake Norman or they are waiting to see signs that ou...
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By LePage Johnson, Charlotte Lake Norman Homes
(Keller Williams Realty)
FEATURED LISTINGS Mooresville, NC Real Estate Mooresville is just 25 minutes north of the city of Charlotte and is part of the Lake Norman shoreline. Part of one of the hottest Real Estate markets it really has is all! You can live on beautiful Lake Norman; you're just 1 hour from the mountains, just 3 hours from the ocean and best of all great weather. If you like new development, nice people and plenty to do, this is the place for you.Mooresville is a rapidly growing area and home to many of the top NASCAR Teams and Lowes Home Improvement Corporate among many other thriving business'. Home prices range from $150k to $6 Million. Mooresville is also known for its luxury home communities such as The Point, The Farms, Teeter farms, Steeple Gate, Northington Woods, West View, Watertree La...
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By Teresa Harris, Denver . Lake Norman . Charlotte
(Lake Real Estate, LLC)
  Lake Norman . . . Art Events for October, 2008Here are some Lake Norman Art Events that you may not want to miss.October 41st Annual Paint OutSponsored by Mooresville Artist GuildGallery 3Depot Fine Arts Center103 West Center AvenueMooresville, NC704-663-6661 Artists will spend the day painting in the community. Artists need to check-in between 8:00 AM and noon at Gallery 3; artists will then head to the location of their choice and spend the day painting. The Guild will provide a list of suggested locations and a map. Artists will need to submit their art between 3:00 PM - 5:00 PM in the Warehouse Room. A reception will be held in Gallery 3, followed by judging, and awards. All entries will then be displayed at the Depot Fine Arts Center through October, and available for purchase. O...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
    Thanks to such great success last year, once again Mooresville is holding The Second Annual Historic Mooresville Tour of Homes on Oct 17-19.   Sponsored by the Mooresville Historic Preservation Commission and DEJ Realty, this event was created last year as a way to promote Historic Downtown Mooresville.  Proceeds of the event benefit the Mooresville Historic Preservation and The Mooresville Museum which is in the process of restoring their new home in Downtown Mooresville. VIP Reception This year the VIP Reception is being held in the spectacular J.A. Stewart house located on 832 North Main Street on Friday evening, October 17th from 6-9pm.  Soiree Restaurant (located in Historic Downtown Mooresville) and Say Cheese at the Grapevine will be catering the evening reception.  Tickets a...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
LAKE NORMAN RESIDENTIAL REAL ESTATE HOT SHEET September 26, 2008  Hot Sheet 9/26/08 9/12/08 8/22/08 7/25/08  6/27/08   5/12/08  New Listings 96 117 120  138 142 189 Back- on Market 32 60 33  54 55 46 Price Changes 168 188 186  238 248 212 Pending Sales 36 44 44  61 55 49 Sold 29 33 33  47 41 45 Conditional /Contingent  12 15 21  22 18 18   My sixth bi-monthly Lake Norman market at a glance     Above is a chart with our Friday's "hot sheet" numbers from the Charlotte Multiple Listing Services for all single family homes in Lake Norman (area 13).  For comparison, I have provided numbers from two weeks ago and earlier this year.  Here are some highlights:   Our pending and number of closed sales were both down to all time lows.  Pending home sales dropped by -18% compared to two weeks ago ...
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By LePage Johnson, Charlotte Lake Norman Homes
(Keller Williams Realty)
CopperRidge is a small luxury home community in Mooresville. These waterfront homes sit on some of the most sought after waterfront property on the shores of Lake Norman. Stunning views can be seen from the balcony's and rear custom patio's of these fine homes. Live the life of luxury over and over everyday as you witness beautiful sunrises and sensets looking out over Lake Norman. Just minutes from shopping, fine dining and everything else anyone would need, CopperRidge is well worth seeing if you are looking for a waterfront home on Lake Norman. Home prices start in the low $2 Millions. Community: CopperRidgePrice Range: $2 Million'sLocation: Mooresville / Lake Norman / Northeast of CharlotteCounty: IredellCommunity Description: Waterfront Amenities: Lake Home Site Sizes: 0.5 to 0,65...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
  For home buyers 55+ years old looking for a retirement home in a small Lake Norman  housing community, The Villages at Isle of Pines  just may be exactly what you are looking for, especially if you want new construction and are not ready to compromise on the size and sense of privacy and independence! The Villages at Isle of Pines is a new construction, age qualified (55+) community nestled in the heart of Lake Norman's Brawley School Peninsula.  They offer 7 single family home floor plans on 24 2/3-acre home sites that range in size from 1517 to 2694 square feet and offer 3 or 4 bedrooms and 2-3 car garages.  Features of these homes include: Open floor plans Low Maintenance Designs 2 and 3 car garages Cathedral or Tray Ceilings Floored Attic Storage Cable and Telephone Ready Separat...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
       With approximately 100 home sites, the new Orleans development Chesapeake Pointe located down Isle of Pines in Mooresville is one of Lake Norman's larger new construction home sites on the east side of the lake.  The completed roads wander through the forest of trees from Isle of Pines to the North Shore waterfront subdivision.  The up to 1 acre home sites are literally carved out of the trees.  It's hard to tell since it is brand new just how many trees will remain once completed but I'm hoping it will retain it's private, woodsy feel. Chesapeake Pointeis currently offering 9 different models ranging in size from 2799 square feet to 3727 square feet.  The floor-plans offer 3-6 bedrooms and 2.5 - 3.5 bathrooms and are priced in the low $400,000's although I must admit the startin...
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By LePage Johnson, Charlotte Lake Norman Homes
(Keller Williams Realty)
BAY CROSSING at LAKE NORMANBay Crossing in my opinion is one of the nicest communities in all of Lake Norman. This finely manicured luxury home community includes large heavily wooded home sites with rolling hills and waterfront views. If you are looking for a great luxury home community that not too many people know about, Bay Crossing may just be the hidden gem you've been looking for. Give me a call today for your own personal tour of available Bay Crossing listings. Community: Bay CrossingPrice Range: $600's to $2 MillionLocation: Mooresville / Northeast of CharlotteCounty:IredellCommunity Description: Wooded, Waterfront Community Features: Lake Home Site Sizes: 0.7 to 1.3 acresNumber of Home Sites: Multi-PhaseSq. Ft. Range: 3200 to 5500Architectural Review: YesHome Styles: Transit...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
  On our first day in Mooresville, my husband and I decided to visit Historic Downtown Mooresville.  As we strolled along we happened upon Cool Breeze Cyclery (in it's former location before expanding to their new Exit 33 location) and ventured in to see if we could learn about the area cycling since my husband has raced road bikes for over 15 years.   Relocating from Southern California to Lake Norman, we had no idea what kind of cycling and cyclists existed.  When we saw such brands as Serotta, Cervelo and Trek, we knew that Cool Breeze Cyclery was for serious cyclists. It turns out that Cool Breeze Cyclery is much more than just a bike shop!  Yes, they have "the broadest in-stock selection of bikes in the region", they offer Expert Bio-Mechanical Fitting, they have an excellent serv...
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By Cheryl Powell - The Powell Team, Concord,Harrisburg & Charlotte NC Area Real Estate
(Southern Homes of The Carolinas - The Powell Team)
If you are interested in purchasing foreclosure properties in Mooresville NC, Iredell County and the surrounding area, now is the time to act!  Because of the current mortgage crisis, there are many great deals available.  CLICK HERE to search foreclosure properties in Mooresville North Carolina. Foreclosure property offers buyers a unique opportunity to save by paying below market prices.  This can mean not only huge savings, but the chance to make even more profit on a future sale. In order to avoid common problems associated with these purchases, it is important that you seek the representation of a Realtor who is experienced in foreclosure and pre-foreclosure/short sale transactions.  I have helped many clients purchase all types of foreclosure and pre-foreclosure/short sale proper...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
    Several weeks ago I wrote an article "Finding the Truth About Lake Norman's Housing Market:  A Case Study"  It got such a great response and I learned so much preparing it that I decided to do another one, this time on our beautiful, upscale Crescent Homes Community:  The Point. In these real estate "case studies" I use our Multiple Listing Services Archives to research the actual original listing price and listing date to determine exactly how long a home was on the market before it sold and the actual listing to sales price percentage.  The need for this effort stems from the common practice of agents taking a listing off of the market and then listing it as NEW when doing a price reduction.  While this is helpful to the home seller because it allows their listing agent to market ...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
    Waterfront homes on Lake Norman historically have marched to the beat of a different drummer.  Until about March of 2007 our waterfront homes and lots were appreciating at a much faster rate than the non-waterfront homes throughout the Lake Norman area.  Because we have a finite number of watefront lots/homes, the limited supply and high demand is in stark contrast to most of the greater Lake Norman area where land is still plentiful.  Traditionally,  the average price of a Lake Norman home is about twice the price of a waterview home and more than double the price of a home without a waterview or lake access/boatslip.    2008 Spring/Summer Waterfront Trends    9/15/08  7/18/08  4/29/08 Active Listings  578  621  537 Conditional & Pending Listings 40  38  26     3 Month Sales 2008 V...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
   When one dreams of buying a home on Lake Norman, most probably envision the beautiful lake surrounded by homes and estates nestled among tall trees, perhaps sitting on your deck with a sweet tea or cool beer watching the boats go by. Many of my home buyers thinking about relocating to Lake Norman have more specific goals related to serious recreational sports, from water skiing (we have slalom courses), to kiteboarding to wakeboarding to competitive jet skiing. At the longtime annual Wake the Lake  coming up on September 20th - 21st expect to see an awesome display of both amateur and pro wakeboarders right here on Lake Norman! Hosted by our Lake Norman favorite hangout Vinnie's Raw Bar and sponsored by Mastercraft of Charlotte and IcyWaves Surf Shop, they are promising that is will...
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By Diane Aurit, Lake Norman Real Estate
(LKN Realty, LLC)
Unlike Birkdale Village and the new Legacy Village Development, the Mooresville Village in Morrison Plantation doesn't get nearly the attention yet also offers new and resale live/work style town homes in an urban village type community where one can walk to shopping and amenities.  Located in the Harris Teeter Shopping Center on Williamson Road,  Morrison Plantation is a community of Georgetown-inspired town homes and live/work town homes that lie just above retail shops.      When Morrison Plantation first broke ground in the early 2000's there wasn't much around the town homes but since then the entire area has exploded with growth including the brand new Lowes YMCA just a half-mile walk away, the newly expanded and upgraded upscale Harris Teeter market, Starbucks, numerous banks, t...
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