Charlotte, NC, Terry's Blog

By
Real Estate Agent - TerryMcDonaldRealEstate.com, LLC
I keep an eye on the Charlotte real estate market: its communities, its economy and the local micro markets.

ARCHIVED BLOG POSTS

2009 

Charlotte NC Union County Real Estate Market Report- October 1-October 31,2009 Waxhaw, NC Homes for Sale- Homes Sold There were 51 Homes sold in Waxhaw, at an average price of $395,148, on an average 3639 sf, or an average of $108/sf at a reported average of 98 Days on Market.  In 2008, there wer...
11/29/2009
Charlotte The Affordable City- Cost Of Living Comparisons Charlotte remains a popular move to city- a growing economy is producing more jobs, physicians love it here, retirees and the over 55 set are a growing factors, as are young people moving into Uptown condos... and they all are  asking them...
11/29/2009
Charlotte Homes Sold (Single Family Homes) Rose 12.5% in October As dramatic as this is, it isn't the 20% reported by the Charlotte Observer, which included townhouses and condos, and appears to include the much wider CMLS area.   (Odd, I would have thought those additions would lower their numbe...
11/14/2009
South Charlotte Custom Condominium Townhouse for Sale If Golf's your thing... or Convenience-walk to major shopping areas, or neighborhoods, or you like fine things... then maybe... 7908 Greenview Terrace is for You! Lets Have a look     The details? It has two large bedrooms, a den, and an open ...
11/11/2009
Charlotte NC Union County Real Estate Market Report- October 1-October 31,2009 Waxhaw, NC Homes for Sale- Homes Sold There were 51 Homes sold in Waxhaw, at an average price of $395,148, on an average 3639 sf, or an average of $108/sf at a reported average of 98 Days on Market.  In 2008, there wer...
11/11/2009
Charlotte First Home Buyers Say Show ME The MONEY! But Time Is Running Out! WAIT- not any more, First home buyer tax credits are extended!!! --and as you can see they are REAL MONEY! Special thanks to client and first time Charlotte home buyer Liana M- happily living in her Ballantyne area townh...
11/10/2009
First Home Buyer Tax Credit Extended, Move Up Buyers Get New Tax Credit It is official. President Obama signed the bill Friday. The bill extends the existing first home buyer credit-And established a new tax credit for up to $6500 for qualifying "Move Up" buyers, and increases the income limits t...
11/08/2009
How Did The Over $1M Market Get So Messed Up? We know there is a lot of inventory- 54 months according to my last post based on the first 9 months sales of this year... an almost 5 year supply of homes. Does the word sub-prime, or Pick-A-Pay mean anything to you? Or my preferred term, Junk Financ...
11/08/2009
Charlotte NC The Stimulus Plan and Charlotte- State Politics at Work Again AS Charlotte Receives $34.09 PP, Lenoir County $744 PP Everyone is familiar with the national brouhaha behind The Economic Recovery Act, aka the stimulus plan... Is it possible that, at the State level, the funds could hav...
11/07/2009
Charlotte NC It's a new game with tax credits on until April 30, 2010!!! "The $8,000 Tax Credit Looks Good, But how do I make a good decision when buying a home in today's market?" A recent Charlotte home buyer asked me... and made me think. If you listened to the talking heads on TV, you would b...
11/07/2009
Rainer
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Terry McDonald The McDonald Group

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Charlotte NC- A relocated northerner came to build a life in Charlotte NC- I now try to preserve its Southern charm and move it into the future, at CharlotteCoomunitiesOnline. At Terry McDonald Real Estate I tackle the traditional real estate problems and issues buying and selling homes- including market conditions, national market conditions, and the new home/custom home industry.