Keith is a Realtor with Wilkinson & Associates in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for... ...our Neighbors, our Friends, our Families!
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 None |
 Myers Park |
 Sharon Hills |
 Challis Farm |
 Dilworth |
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Reduced by: $100,000 (11.11%) |
Reduced by: $70,000 (10.4%) |
Reduced by: $74,000 (9.8%) |
Reduced by: $200,000 (9.3%) |
Reduced by: $60,000 (13%) |
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 None |
 Woodhall |
 Cascades |
 None |
 Harrington Hall |
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Reduced by: $58,400 (40.8%) |
Reduced by: $552,000 (35.6%) |
Reduced by: $72,700 (31.9%) |
Reduced by: $250,000 (20.8%) |
Reduced by: $100,000 (20%) |
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Keith is a Realtor with Wilkinson & Associates in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for...
...our Neighbors, our Friends, our Families!
 The Cloisters |
 Dilworth |
 Providence Country Club |
 Piper Glen |
 Myers Park |
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Reduced by: $139,989 (21.8%) |
Reduced by: $40,000 (15.3%) |
Reduced by: $75,000 (13.6%) |
Reduced by: $44,000 (11.5%) |
Reduced by: $74,100 (9.8%) |
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 Mandy Plantation |
 None |
 None |
 Anniston Grove |
 Providence Downs South |
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Reduced by: $27,400 (33.8%) |
Reduced by: $16,100 (32.2%) |
Reduced by: $29,900 (29.9%) |
Reduced by: $165,000 (26.8%) |
Reduced by: $200,000 (21%) |
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Keith is a Realtor with Wilkinson & Associates in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for...
...our Neighbors, our Friends, our Families!
 Myers Park |
 Walden On Carmel |
 Greyson |
 Myers Park |
 Myers Park |
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Reduced by: $200,000 (14.8%) |
Reduced by: $19,500 (13.2%) |
Reduced by: $150,000 (12%) |
Reduced by: $195,100 (11.5%) |
Reduced by: $151,000 (11.1%) |
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 Hampton Meadows |
 Longview |
 Emerald Lake |
 None |
 Providence Downs |
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Reduced by: $20,900 (17.4%) |
Reduced by: $350,000 (14.9%) |
Reduced by: $72,000 (14.6%) |
Reduced by: $14,200 (13%) |
Reduced by: $201,500 (12.5%) |
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Keith is a Realtor with Golden Realty in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for...
...our Neighbors, our Friends, our Families!
 Pharr Acres |
 Sharon Hills |
Dilworth |
 Whitegate |
 Giverny |
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Reduced by: $550,000 (18.6%) |
Reduced by: $100,000 (16.6%) |
Reduced by: $39,000 (13%) |
Reduced by: $185,500 (12%) |
Reduced by: $100,000 (11.1%) |
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 Longview |
 Chimneys of Marvin |
 Skyecroft |
 Briarwood |
 Millbridge |
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Reduced by: $450,001 (18.36%) |
Reduced by: $96,880 (17.6%) |
Reduced by: $404,500 (15%) |
Reduced by: $15,000 (13%) |
Reduced by: $50,000 (12.5%) |
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Charlotte is one of the most attractive and growing cities in the Southeastern United States. Because the largest demographic is made up of young professionals between the ages of 25 and 30, it is an excellent place to start if you are just out of college and beginning your life in the real world. It also has an excellent school system which makes it attractive for families with children or planning to have them. You are almost certain to find a home that suits your needs in one of the many neighborhoods of Charlotte so take a trip and check it out. You might be surprised by what this "Little Southern Town" has to offer.
Keith is a Realtor with Golden Realty in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for...
...our Neighbors, our Friends, our Families!
It is rare for me to pick up the local paper for Union County, called "The County Edge". There was an interesting article that caught my eye. Of course it has to do with how the market has changed and is affecting the builders.
GS Carolina, is the developer of three prominent developments in Waxhaw area. Two in Waxhaw (Cureton and Millbridge), and one just over the border in Lancaster (Edenmore). BTW, GS carolina also built homes in Quellin and Indian Trails Callonwood subdivision! If you need to know more about these subdivisions, give me a call - 704-607-4729. Anywho, the article went on to explain how the developer is responsible for a majority of the town of Waxhaws growth. They have built the Cureton center, anchored by Harris Teeter. The balance of this commercial property is for sale. This developer, helped build the bridge and road, Waxhaw Park (soon to be called the "Harvey Clay Nesbit Park", to the tune of 20 million dollars. WOW!
They also secured all the sewer permits, before Union county faced there current Sewer and Water problems, allowing other developments to piggyback permits, like Anklin Forest, The Reserve, The Chimneys of Marvin, and Kensington Elementary (which is right next door to Millbridge!)
I can only wish the best for this developer, and all the others that are suffering, during this downturn. They say sales are down 30% from last summer.
Well what does all this mean to you, the buyer. If you sold your place, or are a first time buyer, then the timing could not be better. Some people say wait a year, but who knows where the interest rates will be by then, and who wants to toss out over $20,000 on rent!?!???
Not me!
For my original article on Millbridge visit this post!
Charlotte is one of the most attractive and growing cities in the Southeastern United States. Because the largest demographic is made up of young professionals between the ages of 25 and 30, it is an excellent place to start if you are just out of college and beginning your life in the real world. It also has an excellent school system which makes it attractive for families with children or planning to have them. You are almost certain to find a home that suits your needs in one of the many neighborhoods of Charlotte so take a trip and check it out. You might be surprised by what this "Little Southern Town" has to offer.
Keith is a Realtor with Golden Realty in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for...
...our Neighbors, our Friends, our Families!
Sorry it took me months to answer, hopefully you looked it up on the NYT's website, where Ron Leiber.
Dear Bidder,
Thanks so much for your note. I'm truly glad that you like our home as much as we do. You're right that my family and I have many great memories of this place, and we hope someday you will, too.
Just one more thing. Please take another look at whatever mortgage calculator you're using and see how your monthly payment will change if you brought your price up a bit. It almost certainly is not going to be enough to break you. But it may be enough to get us to a deal.
I look forward to your reply.
Yours,
The Undaunted
I think that last paragraph is a great line, and I have used it!
Charlotte is one of the most attractive and growing cities in the Southeastern United States. Because the largest demographic is made up of young professionals between the ages of 25 and 30, it is an excellent place to start if you are just out of college and beginning your life in the real world. It also has an excellent school system which makes it attractive for families with children or planning to have them. You are almost certain to find a home that suits your needs in one of the many neighborhoods of Charlotte so take a trip and check it out. You might be surprised by what this "Little Southern Town" has to offer.
Keith is a Realtor with Golden Realty in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for...
...our Neighbors, our Friends, our Families!
I just got this in an e-mail from a friend of mine. I thought it was interesting to say the least. Stay tuned, I will post the Seller response tomorrow. Of course you could look for the answer in the NY Times.
Kudos to RON LIEBER, well done!
May 31, 2008; NY Times
Negotiating for a House? Start With ‘Dear Seller', by By RON LIEBER
A few years ago, when multiple bidders would show up at a real estate open house, the truly desperate resorted to writing love letters to the sellers.
Their plaintive scribblings painted a picture of first-time buyers chasing the American dream or growing families hungry for more space. The letters dripped with compliments for the property and ended with a plea for mercy (and a signed contract).
Today's real estate market, however, calls for a different kind of letter, less a fuzzy valentine and more like a cold splash of water. It's what you write to accompany a bid that is so far below the listing price that it cries out for explanation.
Inspired by the success of a friend who used this tactic, I drafted a sample letter that buyers who fear overpaying might send to homeowners. Then, I crafted a reply that confident sellers could fire back.
No seller would be happy to get a letter like this. The most powerful missives stoke doubt and create fear. Sellers who get them may be tempted to write off the bidders as lowballers. But it makes little sense not to at least reply, given the number of competing properties in most places and the difficulty lately in getting mortgages.
The sample letters below, which I wrote after conversations with representatives of the National Association of Realtors and the National Association of Exclusive Buyer Agents, don't mention local economic conditions, comparable sales or other such data. You'll want to fill in those details yourself. But the templates below should work as a starting point.
One caveat is that you'll generally be relying on real estate agents to deliver your letter. Ask them point blank whether they intend to do so.
Dear Seller:
I'm writing to let you know that I would like to make a bid on your property. I love the area and am committed to buying a house nearby. And your home fits my needs.
But given that my offer is well below your asking price, I also feel I owe you an explanation.
First, consider the big picture. Nationwide, home prices in the first quarter of 2008 fell 14.1 percent compared with the same period a year earlier, according to the Standard & Poor's/Case-Shiller U.S. National Home Price Index.
That's the biggest decline in the 20-year history of the data. And just in case you're wondering, during the housing downturn of the early 1990s, the decline was never worse than 2.8 percent.
Not only that, earlier this month, the National Association of Realtors pointed to the huge number of existing homes on the market. As of the end of April, the total number was 4.55 million. At the rate people are buying right now, that represents an 11.2-month supply.
So buyers have options right now. A lot of them. I'm no different. Your home is great, but it isn't unique. Few homes are. I know this may be hard to hear, since you've spent years creating memories here. But you may be waiting a long time if you hope to find a buyer with the same emotional connection that you have.
My mindset is hardly unique. We've all been reading the headlines. The accompanying articles appear prominently in major newspapers and sit on the Web pages where people check their e-mail every day. Everyone sees them, and the psychological impact is real.
Has your real estate agent laid any of this out for you? Maybe so, and you didn't want to believe it. But it's also possible that your agent, afraid of offending you and losing the listing, simply doesn't want to initiate that sort of discussion. It may be worth sitting down for a candid reassessment.
It will be tempting to view my low bid as an insult. Please don't make that mistake. Your home is genuinely appealing, and I wouldn't have written this note unless I was serious about buying it. Getting a firm offer in this market is an accomplishment. So congratulations!
Oh, and one more thing. You presumably need someplace to move. My guess is that you'll find these same points compelling when it's your turn to buy. You just might succeed in buying for a better price, too.
I look forward to hearing from you soon.
Yours Truly,
The Realist
If you're facing a move to North Carolina, particularly the south-central portion of the state, you may find that Charlotte has many of the attractive features you look for in a new home. Whether you are moving to be closer to family, for work or just a new start, North Carolina's largest city is also one of its most eclectic. From the primarily business district known as Uptown to the arts district around North Davidson Street, known as NoDa to locals, Charlotte has a little something for everyone.
Before moving to a new city, it is important to investigate the local economy, school districts and property values. Charlotte is home to several of the nation's largest banking centers, making it one of the United States' key financial hubs. Several Fortune 500 companies are headquartered in Charlotte, including Wachovia, Goodrich and Duke Energy, among many others. With numbers like these, if you are not already moving to Charlotte for work, maybe you should. Charlotte's unemployment rate of 3.9% is below the national average of 4.6% and the average household income of nearly $55k beats the national average by over $10,000.
Of course what you are going to be primarily interested in when considering Charlotte is its real estate. The majority of the houses in Charlotte are in the price range of $100,000 to $300,000. This doesn't exactly give you a very good indication of how it stacks up to the rest of the country unless you can see the homes for yourself which is why you should take some time to visit and decide if it is what you are looking for. However you may be pleasantly surprised to find that Charlotte is one of the less expensive cities in the United States for housing. This does not, however, detract the city's appeal.
There are more than thirty neighborhoods and areas of Charlotte to choose from when deciding where you want to live. That does not include the hundreds of subdivisions, just the major areas. Myers Park is one of the most notable areas of Charlotte and is home to many of the more prominent members of society. Most average working-class homeowners-probably like yourself-will not be able to afford a home here anytime soon, but it is fun to look. You can take a walking tour of the upscale Charlotte neighborhood and see places like Duke Mansion and E.C. Marshall House, among others.
Just south of Uptown Charlotte is a charming historic neighborhood known as Dilworth. Anyone who loves history and the buildings it happened among will find Dilworth breathtaking, but don't let it's quaintness fool you. Dilworth is also home to Charlotte's largest hospital, Carolina's Medical Center, which happens to boast the area's only level one trauma center. This can be a very attractive resource to anyone with children that are constantly getting hurt. It is really a comforting thought to anyone at all, with or without accident-prone youngsters.
Charlotte is one of the most attractive and growing cities in the Southeastern United States. Because the largest demographic is made up of young professionals between the ages of 25 and 30, it is an excellent place to start if you are just out of college and beginning your life in the real world. It also has an excellent school system which makes it attractive for families with children or planning to have them. You are almost certain to find a home that suits your needs in one of the many neighborhoods of Charlotte so take a trip and check it out. You might be surprised by what this "Little Southern Town" has to offer.
Keith is a Realtor with Golden Realty in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for...
...our Neighbors, our Friends, our Families!
Just think, instead of going out for a picnic at lunch, if you work at the Federal Reserve Bank (of Richmond) in Charlotte at the corner of Trade and Caldwell street, you will be heading to the roof!
The $1.87 million renovation project has been in the making since mid 2006, when the Feds discovered severe deterioration in the seems of the roof. Both traditional and envionmental roof repair were bid out. But the higher cost was justifed because of the 6% - 8% annual energy savings and the clean water runoff that is produced.
There are 48,000 square feet of plant life and rock/soil that will cover the 72,000 sq. foot roof! The idea is the plants will grow and re-seed, they will within two years cover the area and can absorb at least an inch of rain. The first attempt at a green roof was attempted at Discovery Place, but the drought was not anticipated, and a drip irragation system has been installed for this attempt. The plantings are perennials which are used to arid mountainous regions.
The picture and contents are from a recent article written in the Charlotte Business Journal by staff writer, Susan Stabley. The words are my own.
Keith is a Realtor with Golden Realty in the South Charlotte area. He is a member of the National, North Carolina, and Charlotte Association of Realtors. I used to belong to the Long Island board of realtors, making happy homes for people there. Now, I have finally convinced my wife to move down to Charlotte from Long Island, NY. So if you're ready to move into a fine area or you're ready to move on out, then give me a call at 704-607-4729. I want what's best for... ...our Neighbors, our Friends, our Families!
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