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north carolina: Time to Cash In On The Tax Credit - 02/15/10 07:17 AM
Last November, the Homebuyer Tax Credit was extended giving first time home buyers a tax rebate of $8,000 and $6,500 for qualified buyers who already own their home.
The tax credit applies to homes purchased before April 30, 2010 and to homes under contract by April 30, 2010 which will close by June 30, 2010.
Stop for a moment to consider the fact that it might take several weeks to choose the right home, it will take adequate time to negotiate the right price and terms, and another 30 days or so to process your mortgage loan. You’re looking … (0 comments)
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north carolina: Charlotte NC Homes for Sale in Berewick - 02/02/10 07:30 AM
Land settled by the Scottish settlers in the late 1700s is now home to the magnificent master-planned community of Berewick in southwest Mecklenburg County. Incorporating residential, retail, and a corporate office park, Berewick creates the setting for all ages. The centerpiece of the community is Berewick Manor, a 5,200 square foot activities center on six acres complete with Playground, Pond, Pool, Recreation Area, and Walking Trails. The Berewick Manor clubhouse is just part of the Lifestyle/Amenities package that gives homeowners added value with their new home purchase. Berewick has close proximity to both Uptown Charlotte and Charlotte Douglas International Airport. Also, … (0 comments)
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north carolina: Charlotte NC Homes for Sale in Piper Glen - 01/28/10 08:32 AM
Piper Glen is one of the finest Golf Course Communities in the entire Charlotte area. Its spectacular large wooded home sites offer beautiful luxury homes by some of Charlottes leading luxury home builders. Piper Glen is located in a highly popular area of South Charlotte. The community was established in the early 1990’s and offers stunning homes overlooking the beautiful golf course. TPC Piper Glen has become legendary for its unique combination of beauty, challenge and pure playability. The club offer non-equity memberships and is operated by Heritage Golf Group, which is a member of the TPC Network of properties nationwide. … (0 comments)
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north carolina: Matthews NC Homes for Sale in Brightmoor - 01/23/10 07:09 AM
Brightmoor is located in the quaint, small Town of Matthews, about 18 miles southeast of downtown Charlotte. Brightmoor is an ideal neighborhood for first time home buyers offering prices ranging from the mid $100’s to the mid $200’s. Here you’ll find an established neighborhood with wooded lots and wide street frontage not found in newer communities. The homes in Brightmoor are colonial and transitional in style, most of them 2 story with big front porches and attractive curb appeal. The size of the homes in the neighborhood range from 1600 square feet to over 2500 square feet. The community has wonderful … (0 comments)
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north carolina: Charlotte NC Homes for Sale in Berkeley Neighborhood - 01/20/10 05:42 PM
Berkeley is one of the most well situated neighborhoods in South Charlotte. This highly sought-after subdivision is located just off Providence Road and Ballantyne Commons Parkway near I-485. A wonderful array of shopping, dining and entertainment options are just minutes away at either Promenade on Providence, Stonecrest, or the Arboretum. Uptown Charlotte, Douglas International Airport, and many other destinations are also easily accessible along I-485. Berkeley is also located in the best school district in the entire State. Providence Spring Elementary School is ranked #1 in the State; J.M. Robinson Middle School is ranked #5 in the State; and Providence High … (0 comments)
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north carolina: November Real Estate Report - 12/18/09 09:59 AM
Listed below is the residential real estate market summary for the Charlotte area for the period November 6, 2009 through December 5, 2009:
Sold: 2,000; avg. LP $216,507; avg. SP $195,244; %LP/SP 90.18% New Listings: 3,614; avg. price $253,741 Under Contract: 1,645; avg. price $224,944 Withdrawn: 1,347; avg. price $344,878 Expired Listings: 1,418; avg. price $330,351 Active Listings: 23,317; avg. price $305,275 The number of homes sold during the month of November decreased 9.5% compared to October’s figures, but was 31.5% above the level of home sales for November, 2008. The average selling price for the month fell 4.9% from … (0 comments)
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north carolina: 5 Reasons For You to Buy That Home Now - 12/09/09 03:26 PM
If you're qualified to buy a home now, and that home purchase makes sense for you and your family, here are five reasons why you should consider buying that home in the next several months:
1. Homes are more affordable than ever.
According to the National Association of Realtors' housing affordability index, homes were more affordable in October of this year than at any other time since the group started the index in 1970. The NAR’s affordability index is a measure of the relationship between home prices, mortgage interest rates, and family income.
In Charlotte, … (1 comments)
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north carolina: South Charlotte NC Homes for Sale in Edinburgh - 11/23/09 08:19 AM
Edinburgh is a community of 137 single-family homes located in the Ballantyne area in the southernmost corner of Charlotte. It is situated on Providence Road West between Johnston Road (Hwy 521) and Lancaster Highway – just 2 miles from I-485 and a 20 minute drive to Uptown Charlotte. Edinburgh is only minutes from great shopping: Ballantyne Commons, Carolina Place Mall, Stonecrest, and Blakeney are only a short drive away. Recreation and entertainment opportunities abound in this area. The Ballantyne YMCA's nearby facilities offer a wide range of activities. A 10-minute drive will take you to Carowinds amusement park, and the Charlotte Knights' … (0 comments)
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north carolina: October Real Estate Report - 11/13/09 01:15 PM
Listed below is the residential real estate market summary for the Charlotte area for the period October 6, 2009 through November 5, 2009:
Sold: 2,210; avg. LP $218,050; avg. SP $196,204; %LP/SP 90.02% New Listings: 4,863; avg. price $259,794 Under Contract: 2,400; avg. price $217,013 Withdrawn: 1,899; avg. price $341,375 Expired Listings: 1,610; avg. price $343,767 Active Listings: 23,850; avg. price $312,647
The number of homes sold during the month of October increased 13.4% compared to September and 19.6% above the level of home sales for October a year ago. The average selling price for the month … (0 comments)
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north carolina: Historic Pineville NC Homes for Sale in Cardinal Woods - 11/09/09 01:04 PM
Just a few miles south of the Charlotte city line in Mecklenburg County you’ll find the charming suburban town of Pineville. Pineville is best known as the birthplace of James Knox Polk, the 11th president of the United States. It also has a significant place in the history of the area and of the local Indians who dwelled here.
Known for its laid back small town lifestyle and being Charlotte’s closest neighbor, Pineville also offers a mild year-round climate, gorgeous landscape, low crime rate and a flourishing economy. Pineville has a small town feel with a quaint Main Street all … (0 comments)
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north carolina: Homebuyer Tax Credit to be Extended and Expanded! - 11/05/09 06:15 PM
Earlier this week, the U.S. Senate unanimously passed an extension and expansion of the homebuyer tax credit. This morning, the House of Representatives approved the agreement reached in the Senate by a vote of 403-12. The bill has now passed both chambers and is awaiting the President’s signature, which could be as early as tomorrow!
Below is a summary of the new modifications in the extension and expansion of the tax credit:
1) The $8,000 tax credit will be extended and available for first-time purchases before May 1, 2010.
2) A new $6,500 tax credit … (1 comments)
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north carolina: Charlotte Market Data, September 2009 - 10/09/09 01:47 PM
Here are the market statistics for the Charlotte area for single family residential home sales for the period September 6, 2009 through October 5, 2009:
Sold: 1,945; avg. LP $219,925; avg. SP $196,760; %LP/SP 89.47% New Listings: 4,701; avg. price $264,713 Under Contract: 2,199; avg. price $207,338 Withdrawn: 1,536; avg. price $338,373 Expired Listings: 1,629; avg. price $332,057 Active Listings: 27,576; avg. price $307,006
The number of homes sold during the month of September fell 12.4% compared to August and 13.1% below the level of home sales for September a year ago. Average listing price for sold … (0 comments)
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north carolina: U.S. Foreclosure Rate Down in August - 09/17/09 10:50 AM
A recent RealtyTrac report shows that substantially fewer people had their homes repossessed in August. A total of 76,134 troubled borrowers lost their homes in August, down 12.7% from July. According to the report, there are a couple of possible explanations for the decline in bank repossessions, or REO's. It could be that the government-led mortgage modification programs are finally gaining some traction. But it could also be that the banks are still delaying repossessions of these properties. Because banks take big losses on REOs, they may leave delinquent borrowers in their homes for an extended period of time, especially where lenders already … (1 comments)
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north carolina: Charlotte NC Homes for Sale in Southampton Commons - 09/16/09 08:21 AM
The Southampton Commons neighborhood can be found at the intersection of Marvin Road and Ardrey Kell Road in a highly popular Ballantyne area of South Charlotte. This community has many transitional style homes from which to choose. The neighborhood also features nature trails, swimming pool, and children's play ground for your family’s enjoyment. Southampton Commons is ideally located within the highly sought after Ardry Kell High School cluster and just minutes away from shopping, dining, and an abundance of local activities. Ballantyne Commons, Stonecrest, and Blakeney are a short drive away, as well as, I-485 and the Johnston Road/521 corridor. The … (1 comments)
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north carolina: Weddington NC Homes for Sale in The Club at Longview - 09/12/09 10:49 AM
The Club at Longview is a private, gated enclave with world class amenities and highly popular location in fashionable Weddington. The Club at Longview is only 3 miles from Interstate 485 in fast-growing Union County and easily accessible to the airport or downtown Charlotte. The community attracts not only affluent Charlotte residents, but those looking for a second home on the only Jack Nicklaus Signature Course in the area. The Club at Longview combines a distinct sense of community, customized activity programming for the entire family, and high class amenities. Manor-style estates overlook Charlotte’s lone residential course in Golf Digest’s prestigious … (0 comments)
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north carolina: Charlotte NC Homes for Sale in Weston Glen - 09/05/09 11:00 AM
In the heart of Ballantyne lies the community of Weston Glen. Homes in this neighborhood were built by Pulte Homes. Weston Glen is conveniently located in the Community House / Ardrey Kell area, just minutes away from I-485 and upscale shopping. This is a family friendly community, where residents can walk to all levels of public education, the YMCA, the library and public park. Amenities include a pool, baby pool, club house and playground. Ballantyne is a 2000 acre planned community, which includes a 535 acre Corporate Park, that is located approximately 11 miles South/Southeast of Uptown Charlotte. The combination of … (0 comments)
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north carolina: June Residential Sales Report - 07/10/09 11:27 AM
Listed below are the statics for entire Carolina Multiple Listing Service area for single-family residential sales for the period June 6, 2009 through July 5, 2009:
Closings: 2,024; avg. LP $244,316; avg. SP $218,728; %LP/SP 89.53% New Listings: 4,551; avg. price $284,719 Under Contract: 2,167; avg. price $232,266 Withdrawn: 1,473; avg. price $357,092 Expired Listings: 1,475; avg. price $344,633 Active Listings: 28,291; avg. price $322,644
Closing transactions increased 5.9% for the month of June compared to May, but remain 25% below the level for the same period a year ago. The average listing price also was up … (0 comments)
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north carolina: Charlotte, North Carolina - Queen City of the South - 06/29/09 07:03 PM
Charlotte is known for its fantastic weather, close proximity to the mountains and beaches, and offers Southern hospitality unlike anywhere else. Known as the “Queen City of the South”, Charlotte manages to maintain a small town atmosphere while quietly offering all the luxuries of a major cosmopolitan area – often at a lower cost of living than comparable cities. Charlotte’s earliest influences are rooted in its Scotch Irish settlers and German colonists. In fact, the city owes its name to German born Queen Charlotte, wife of England’s King George III, and the county to her birthplace of Mecklenburg . Convenience … (0 comments)
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north carolina: Focus on Starter Home Communities - 06/03/09 11:29 AM
Now that HUD has formalized their plan to monetize the tax credit for first time home buyers, this might be a good time to focus on communities that feature starter homes. There are only 2 discussed here, but Charlotte has an abundance of great homes to choose from for the first time home buyer.
BRADFIELD FARMS
The community of Bradfield Farms lies 17 miles east of uptown Charlotte in an unincorporated part of Mecklenburg County adjoining Cabarrus County. Houses were built here between 1989 and 1999 - primarily by Centex Homes, but other quality builders, John Crosland, K. Hovnanian Homes, Torrey … (0 comments)
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north carolina: Charlotte Among Top Growth Cities - 05/26/09 02:41 PM
Source: Forbes.com, May, 2009
Unemployment is on the rise, credit is tight and consumers aren't spending - which means they aren't picking up and moving much, either. Very few places in America saw significant population growth in 2008.
Despite the overall economic slowdown, some parts of the country keep on moving ahead, attracting more and more newcomers - even if it's at a slower pace than in more sound economic times. These places still offer a semblance of stability, as well as great weather, cultural life and, in many cases, affordability.
Read the full story
To determine the fastest-growing metro areas in … (0 comments)
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Chuck Webb
Charlotte,
NC
More about me…
Wilkinson & Associates
Address: 8604 Cliff Cameron Drive, Suite 110 , Charlotte, NC, 28269
Office Phone: (704) 393-0048
Cell Phone: (704) 724-2454
Email Me
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