Mecklenburg County, NC Real Estate News

By Carolina Buyers Agent, We Specialize in Buyer Representation Only!
(Carolina Buyers Agent)
Why Charlotte Housing Inventory Remains Stubbornly LowWhy does Charlotte have one of the worst housing supply shortages in the country? The short answer is low supply and heavy demand. Lee Allen, the president of Charlotte’s Canopy Realtor Association notes that while demand for Charlotte real estate remains high, local builders simply cannot keep up. As Allen puts it, “As a result, we are a million and a half homes short of inventory to meet with the buyer demand.”That’s the reality, despite many factors at play that tend to cool down the market. The Federal Reserve has boosted interest rates. Freddie Mac reports that the current rate on a 30-year mortgage remains above 6.5%, the highest in twenty years. However, not only do higher rates pressure many potential buyers to hold off on ma...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Destination Excellence: CLT ✈️If you're flying in or out of Charlotte, you're in for a treat—at least compared to other large airports! Charlotte Douglas International Airport (CLT) is truly exceptional.Ranked among the world's top 10 most connected airports, it also serves as American Airlines' second-largest US hub (second to Dallas, the #1 AA hub). In 2022 alone, the CLT airport welcomed 47.7 million passengers and processed over 200,000 tons of cargo. Looking for non-stop flights? CLT has you covered with 180 of them, including more than 35 international destinations. The best part for those residing here? Charlotte Douglas International is only a 15-minute drive from the heart of Uptown. The Wall Street Journal even recognized it as one of the most convenient large airports in the ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Ballantyne – Blakeney Neighborhood Market Update SEPT 2023– MITCHELL GLEN Popular South Charlotte neighborhood in top-ranked school zone offers wonderful 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 just 5 days 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 from August, 2023 final data -  MITCHELL GLEN: Current Average Sales Price in Mitchell Glen ($551,500)  Mitchell Glen's Average Days on the Market - 44  Average List-to-Sal...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Latta Pavilion (DILWORTH) Market Report - SEPT 2023 Welcome to Latta Pavilion, an exceptional residential jewel quietly situated at 1320 Fillmore Avenue in the lively heart of Dilworth.At Latta Pavilion, convenience and comfort are top priorities. Enjoy the peace of mind that comes with secure, underground parking, ensuring ample space for both residents and guests. Unwind in the inviting center courtyard, complete with charming patios and lush landscaping, creating a serene oasis right at your doorstep. For a delightful evening in, indulge in the rooftop lounge, where you can savor breathtaking views and soak up the atmosphere. Alternatively, step outside of your private retreat and immerse yourself in the vibrant Dilworth neighborhood. Discover a plethora of exciting attractions, din...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Saturday's Shots - Being Thankful for What We HaveThis evening after dinner, Ray and I set out to the deck with Maddie & Gabby to watch the sunset. The 'preliminary' show was indicative of a masterfully designed painting that was about to be unfurled across the sky. I actually thought this evening would be a great time to do a before & after. We have noticed that about 20 minutes before the sun sets, when the sky is deep blue, it is usually the foundation to a spectacular sunset to come.We waited, in anticipation, as the sky and the clouds grayed, leaving only light gray and dark gray stripes in the sky. There was literally no indication that the sun was setting at the time it was supposed to be setting. Our 'before' picture was the most beautiful our sky was this evening - and when we ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Highgrove Market Report SEPT  2023 (South Charlotte)  Charlotte, NC - Highgrove Neighborhood Developed in the late '90s and completed in the mid-2000s, the Highgrove neighborhood, crafted beautifully by Crescent Communities, sits in the vibrant heart of South Charlotte's esteemed Ballantyne Community.These homes embody elegance, with prices ranging from approximately $1,225,000 to $2,595,000+. They offer spacious living areas between 3,000 and over 10,000 square feet, mostly accompanied by roomy 3-car garages, situated on substantial lots varying from 0.25 to 0.6 acres — many boasting private swimming pools. Built by renowned local developers such as Cyras Homes and Kingswood, Highgrove breaks the mold with its distinctive and prestigious homes, each reflecting a different architectural...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
SUMMER IS ALMOST OVER... 6 FUN THINGS TO DO THIS WEEKEND IN CHARLOTTE  TO SAVOR THE LAST DAYS OF SUMMER FLOW FEST AT THE US NATIONAL WHITEWATER CENTER: Sunday, September 17Flow Fest is an annual one day festival, celebrating wellness and mindfulness in a natural, outdoor setting. You can take advantage of 40 yoga practices and workshops, plus vendors, kombucha, live music and more. Flow Fest will start at 8:00 am and end at 9:30 pm. For the Flow Fest schedule, click here.The US National Whitewater Center is located at 5000 Whitewater Center Parkway in Charlotte.  MECKTOBERFEST AT OLD MECKLENBURG BREWERY: September 16 & 17One of Charlotte's biggest and most popular venues for Oktoberfest each year is at the Old Mecklenburg Brewery. Mecktoberfest hours are 11:00 am to 11:00 pm on Saturday...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Heydon Hall Neighborhood Market Update - SEPT 2023Your Dream Home Awaits You in Heydon HallHeydon Hall (SouthPark):  Dive right into the heart of SouthPark at Heydon Hall - the neighborhood where dreams come true! Imagine a place that takes you back to the golden days of true community spirit. It's all here waiting for you! At Heydon Hall, every day is a chance to build lasting memories with wonderful neighbors. From delightful social gatherings to carpooling initiatives that add that special touch of warmth and camaraderie - it's all about coming together and embracing the vibrant community spirit. Golfing enthusiasts, you're in for a treat! ⛳ The neighborhood is situated right beside the home of the Wells Fargo Championship Tournament, Quail Hollow Country Club. Heydon Hall offers res...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Foxcroft (SouthPark) Market Report SEPT 2023 Foxcroft is a truly remarkable gem nestled in the heart of SouthPark in Charlotte, NC. This is a neighborhood that doesn't merely echo desirability, it sings it from the rooftops! Each home for sale in Foxcroft is cradled within an enchanted community with mature trees and dazzling landscapes. Imagine driving through a natural archway of towering trees in this older, highly desirable neighborhood. These age-old oaks stretch out their arms, almost as though giving residents & visitors alike, a welcoming embrace. And as we are now in the full swing of summer, prepare yourself for a visual feast! The community transforms into an artist's dream as the flowers bloom vibrant hues of color throughout. In Foxcroft, even the seasons dress up in their ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 L'shanah Tovah!Happy Rosh Hashanah! "Blessed are You, Lord our God, King of the Universe, who has kept us alive and sustained us and brought us to this holiday season."  Happy Rosh Hashanah to my Jewish friends, clients, and colleagues from Nina Hollander with Coldwell Banker Realty! As the Jewish New Year ushers in the year 5784 at sundown today and a season of reflection and renewal, I'm wishing all who celebrate this holiday good health, happiness, prosperity, peace and blessings throughout the coming year and beyond. "May it be Your will, Lord our God and God of our ancestors, that you renew for us a good and sweet year" – Hebraic Berakhah As you begin the season of the High Holy Days, I hope your homes will be lit with joy; that you will enjoy sweet moments blossoming into sweet m...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
FALL IS ALMOST HERE... FALL IS A GREAT TIME TO BUY A HOME & STEP INTO THE NEXT CHAPTER OF YOUR LIFE Many people think of January 1st as the start of a new year and a new chapter in their lives. But many people also think of the Fall season after school begins as the start of a new year and a new chapter in their lives. Have you been thinking about finding a new Greater Charlotte area home this Fall in time for the holiday season? Why not start your search on my website, www.GreatHomesInCharlotte.com?  Whether you're looking to down-size, up-size, right-size; for a single family home, a townhome or condo, a new construction home, an active adult community, a home on one of Charlotte area lakes or golf courses, I can help you find that special home you can fall in love with. And it's easy...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 WINE WALK 2023 RETURNS TO THE BLAKENEY TOWN CENTERSUPPORTING THE HEARTEST YARD FOUNDATION FIGHT CONGENITAL HEARTS DEFECTS IN INFANTS Sip while you stroll at Blakeney Town Center's Wine Walk in the Ballantyne area and join the fight against congenital heart disease in infants .  A $25 donation to the HEARTest Yard Foundation  provides a wine tote, wristband, passport to special savings in Blakeney stores, access to samples of wine in participating retail shops. The 2023 Wine Walk in Blakeney Town Center will take place on September 14th from 6:00 pm till 8:00 pm. About The HEARTest YardHEARTest Yard Foundation, a non-profit organization, was started by Greg Olsen (Carolina Panthers tight end) and his wife Kara after their son was born with Hypoplastic Left Heart Syndrome. Now celebratin...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 REMEMBERING, REFLECTING, HONORING AND MOURNING THE FALLEN ON SEPTEMBER 11TH "Time is passing. Yet for the United States of America, there will be no forgetting September the 11th. We will remember every rescuer who died in honor. We will remember every family that lives in grief. We will remember the fire and ash, the last phone calls, the funerals of the children."... George W Bush It's been 22 years since that horrific day on September 11th, 2001. Even after 22 years I still remember how that day as if it was yesterday. September 11th, 2001 is a day that fundamentally changed all of our lives. And although on 9/11 we knew our lives had changed most likely forever, we at that time didn't yet really know how much they would change. Many of those changes have sadly become the "new norma...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Plates 4 Paws: Tuesday, September 12 “The greatness of a nation and its moral progress can be judged by the way its animals are treated.”... Gandhi Dine out and do good at the same time! Save the date and get ready to eat and drink your way through Charlotte on Tuesday, September 12th at the Charlotte Humane Society's Plates 4 Paws event. Sponsored by the Charlotte Humane Society, the Plates 4 Paws event is the purr-fect way to help shelter animals and our local restaurants. This is your opportunity to give back to the Humane Society of Charlotte.  “Rescue does not mean damaged. It means they have been let down by humans.” ... Anonymous Since its inception in 2018, Plates 4 Paws has raised over $59,000 for the animals in the care of Charlotte's Humane Society. Every participating restau...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
HAPPY GRANDPARENTS DAY! "Grandparents, like heroes, are as necessary to a child's growth as vitamins."... Joyce AllstonWishing all my fellow grandparents and great-grandparents the happiest of days. Grandparents are important. Here's why: Grandparents provide unconditional love, something children need to feel secure. Grandparents are the source of family tradition, culture, values, and history, something children need to feel connected to their roots. According to an Oxford University study, children whose grandparents are involved in their lives show fewer behavioral and emotional problems.  "Nobody can do for little children what grandparents do. Grandparents sort of sprinkle stardust over the lives of little children."... Alex Haley 5 THINGS GRANDPARENTS DO FOR YOUNG CHILDREN"There ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
SCHOOL IS BACK IN SESSION!THINK YOU MAY HAVE MISSED THE BUS ON SELLING YOUR HOME? Home Inventory Is VERY LOW... There's Still Plenty Of Time To Sell Your Greater Charlotte Home!If You've Been Thinking About Selling Your Greater Charlotte Home...Nina Hollander With Coldwell Banker Realty Can Help! Just how low is Charlotte region's housing inventory? Charlotte Region's inventory began increasing in May 2022. It peaked in October 2022 and has been on a downward trajectory since then. The same can be said for the months supply of inventory, which reached its lowest level in February 2022 at one month supply of inventory, then peaked at 2.5 months supply of inventory in November 2022.  Since November, the months supply of inventory has steadily decreased and in August 2023 the months supply...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
The Economic Diversity of Charlotte: An Investment in Stability During the recent wave of economic changes, the rise in interest rates has been a hot topic that has stirred discussions among potential homebuyers and investors alike.  As we navigate through the complex and ever-evolving economic landscape, Charlotte has become a focus for relocation. Why? Charlotte is a metro region with significant growth potential and has steadily been emerging as a beacon of opportunity, despite the heightened interest rates.Charlotte's EconomyCharlotte, famously known as the Queen City, has an economy as diverse as its landscape. Its economic resilience can largely be attributed to the variety of sectors contributing to its robust economy. The city boasts a stronghold in the financial sector, ranking...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte Market Update - SEP 2023 - 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? Here's the market snapshot for this September, 2023:  There is 1 condo currently active on the market in the complex with 1 under Contract & in Escrow. 14 condos in Fifth & Poplar have Closed in the last 180 days. There is approximately a 0.8 month supply on the market (a 166.7% increase year-over-year) and a 28-day average on the market for sellers in Fifth & Poplar.  Average List to Sales Price Ratio in Fifth & Poplar: Average Sal...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Historic Community Elizabeth Market Report | Charlotte NC – SEP 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)
Dilworth (Charlotte NC) Market Report - SEPT 2023Charlotte NC - Dilworth envelopes residents and visitors with tree-lined streets, fronting beautiful, architecturally designed homes - many with wrap-around porches and mostly craftsman-style homes.  As well, quaint little shops and restaurants are all within walking distance to homes in Dilworth Charlotte NC.  Local merchants offer personal attention as well as an ambiance that is simply Dilworth’s trademark.  It is difficult to believe that anyone ever considered Dilworth a 'suburb' as they did in the late 1800's.    Take a tour and see why Dilworth is the choice among many Uptown young professionals, retirees and families who simply adore the 'neighborhood' feel of Dilworth.    *Dilworth residents enjoy Dilworth being home to Freedom P...
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Mecklenburg County, NC Real Estate Professionals