American Clean Energy and Security Act will make selling your home more expensive - 06/29/09 04:38 PM
What I haven’t heard discussed anywhere regarding the American Clean Energy and Security Act (otherwise known as Cap & Trade) is the profound effects it will have on residential real estate. http://www.opencongress.org/bill/111-h2454/text?version=rh&nid=t0:rh:2259 As I read this bill, I discovered that the federal government will create a labeling and energy audit program to improve the efficiency of residential real estate. While that may sound great, the standards for the bill were not included in this act. However, once a standard is set, all residential real estate will undergo an energy audit to discover if that home meets the minimum standards set by … (6 comments)
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May 2009 Market Update for Area 1 - Northeast Charlotte- Detailed info on what sellers are ACTUALLY receiving. - 06/24/09 02:34 PM
Real Estate Market Update for
Single Family Homes in Mecklenburg County North Carolina Area 1 including:
Charlotte, Cornelius, Davidson, and Huntersville Neighborhoods East of I-77, North of N. Tryon Street, West of Cabarrus County, and South of Iredell County including the neighborhoods of Highland Creek, Vermillion, Heritage Green, River Run, Skybrook, Northstone, Cambridge Grove, and others.
Data gathered for May 1, 2009 - May 31, 2009
Active Listings
In 344 single family detached homes were listed for sale in Area 1 North Carolina. May's new listings were 15.05% more than in April and 18.29% fewer than were listed in May … (0 comments)
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May 2009 Market Update for Area 2 - East Charlotte - What Sellers are ACTUALLY Receiving. - 06/24/09 02:32 PM
Charlotte North Carolina Market Update for:
Single Family Homes in Mecklenburg County North Carolina Area 2 including:
Charlotte Neighborhoods East of N. Tryon Street and North of Albermarle Road (24/27) including the neighborhoods of Plaza Midwood, NoDa (The Arts District), Belmont, McCarron, Old Stone Crossing, Buckleigh.
Data gathered for May 1, 2009 - May 31, 2009
New Active Listings
In May, 254 homes were listed for sale in Charlotte’s Area 2. This was a increase of 2.83% over April but a 27.64% decrease when compared with May 2008, 38.65% decrease compared with 2007, and 35.86% decrease compared with 2006.
… (0 comments)
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May 2009 Market Update for Area 3 - Matthews, Charlotte & Mint Hill Housing- Detailed info on what sellers are ACTUALLY receiving. - 06/24/09 02:31 PM
Market Update for Matthews, Mint Hill, and Charlotte NC (MLS Area 3).
For all neighborhoods west of Independence Blvd and South of 24/27 in Mecklenburg County, including the towns of Mint Hill, Matthews, and Charlotte.
Data gathered for May 1 2009 - May 31 2009 from the CMLS
Active Listings
In May, 157 single family detached homes were listed for sale in Area 3 North Carolina. May's new listings were 3.09% less than in April and 13.26% fewer than were listed in May 2008.
Pending Units
76 Single Family homes received a contract. This was 2.70% more than received … (0 comments)
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May 2009 Market Update for Matthews NC and Charlotte NC Area 4. Detailed info on what sellers are ACTUALLY receiving. - 06/24/09 02:29 PM
Real Estate Market Update for Single Family Homes in
Mecklenburg County North Carolina Area 4 including: Charlotte, Matthews. Neighborhoods West of Hwy 74, Independence Blvd. and East of Providence Road including, Grier Heights, Chantilly, Cotswold, Elizabeth, Eastover, Beverly Crest, Sardis Woods, High Timbers, Downtown Matthews, Lansdowne, Providence Plantation, and others.
Data gathered for May 1 2009 - May 31, 2009 from the CMLS
Active Listings
In May, 209 single family detached homes were listed for sale in Area 4, North Carolina. May's new listings were 13.99% less than in April and 17,72% fewer than were listed in May 2008. … (0 comments)
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May 2009 Market Update for South Charlotte Area 5. Detailed info on what sellers are ACTUALLY receiving. - 06/24/09 02:20 PM
Charlotte North Carolina Market Update for:
Real Estate Market Update for
Single Family Homes in Mecklenburg County North Carolina Area 5 including:
Charlotte Neighborhoods West of Providence Road and East of Park Road including, Cherry, Dilworth, Myers Park, Barclay Downs, Foxcroft, Beverly Woods, Cameron Wood, South Park, Quail Hollow, Olde Providence, Shadow Lake, Stone Creek Ranch, and Ballantyne.
Data gathered for May 1, 2009 - May 31, 2009
New Listings
In May, 322 single family listings were added to the inventory of homes for sale in area 5. This was a 13.21% decrease from April and a 17.22% decrease … (0 comments)
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May 2009 Market Update for Area 6. Detailed info on what sellers are ACTUALLY receiving. - 06/24/09 02:19 PM
Charlotte North Carolina Market Update for:
Single Family Homes in Mecklenburg County North Carolina Area 6 including: Charlotte Neighborhoods including Dilworth, Wilmore, Selwyn Farms, Sedgefield, Broadmoor, Madison Park, Ashbrook, Colonial Village, Collins Park, Stone Orchard, Montclaire, Freeland Park.
Data gathered for May 1, 2009 - May 31, 2009
Active Listings
In May, 127 single family detached homes were listed for sale in Area 6 North Carolina. May's new listings were the same in April and 12.41% fewer than were listed in May 2008.
Pending Units
54 Single Family homes received a contract. This was the same that received … (0 comments)
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May 2009 Market Update for Area 7. Detailed info on what sellers are ACTUALLY receiving. - 06/24/09 02:17 PM
Charlotte North Carolina Market Update for:
Single Family Homes in Mecklenburg County North Carolina Area 7 including:
Charlotte Neighborhoods including: Arbor Glen, Ayrsley, Berewick, Braddock Green, Brianna Terrace, Brighton, Cedar Run, Cedarbrook, Chapel Cove, Clanton Park, Coventry, Deer Creek, Falcon Ridge, Feather Trace, Fircrest, Greycrest, Griers Fork, Hamilton Green, Hamilton Lakes, Hartwell, Hathaway Hills, Huntington Forest, Kingsbridge, Laurel Valley, Markswood, McDowell (Farms, Meadows and Place), Morris Field, Nations Ford Homes, Neely Glen, Olde Whitehall, Pine knol, Pinecrest, Planters Walk, Reid Park, Reunion, Revolution Park, Reynolds Walk, Rollingwood, Royal Oaks, Southbridge, Spencer Park, Springfield, Steel Oaks, Steele Creek, Steeleberry Acres, Stellechase, … (1 comments)
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May 2009 Market Update for Area 8. Detailed info on what sellers are ACTUALLY receiving. - 06/24/09 02:15 PM
Charlotte North Carolina Market Update for:
Single Family Homes in Mecklenburg County North Carolina Area 8 including:
Charlotte Neighborhoods including Abernathy Woods, Allenbrook, Americana Park, Ashley Park, Beechwood, Belemeade Green, Biddleville, Brookfield, Brookmere, Camp Green, Catawba River, Cedar Mill, Chapel Grove, Cherokee Forest, Cheshire Commons, Clanton Park, Clinchfield, Coulwood, Creekside, Cross Creek, Dowd Heights, Eagle Nest, ,Enderly Park, Feathersone Ridge, Forest Pawtuckett, Glendale Acres, Glenhaven, Glenwood, Greenwood, Hammonds Station, Harbor Estates, Harbor House, Heather Glen, Hidden Creek, Homestead Glen, Hoover Acres, Hoskins, Hunter Ridge, Lakewood, Lela Court, Lweis Forest, Long Creek, Marsh Estates, McGregor Downs, Mellwodd, Melynda Woods, Montclair Park, … (0 comments)
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May 2009 Market Update for Area 9. Detailed info on what sellers are ACTUALLY receiving. - 06/24/09 02:13 PM
Charlotte North Carolina Market Update for:
Real Estate Market Update for
Single Family Homes in Mecklenburg County North Carolina Area 9 including:
Charlotte Neighborhoods: Abbington, Aberdeen Park, Americana Park, Avery Glen, Barkley, Barley Greens, Barrington, Beckett, Biddle Heights, Biddleville, Biltmore park, Birkdale, Braemar, Brasilia park, Brookfield, Brookline, Capps, Carrington Ridge, Carronbrige, Cashion Woods, Cedarfield, Chastain, Cindy Park, Claiborne Woods, Cradon Park, Crosswinds, Davis Meadows, Double Oaks, Douglas Park, Edmore Estates, Elizabeth Oaks, Firestone, Fox Chase, Fox Glenn, Gaitwood, Genesis Park, Gilead, Glenhaven, Glenwyck, Grass Meadows, Griers Grove, Hagers Ferry, Hambright Woods, Hamilton Village, Hawk Ridge, Hemby Woods, Henderson Park, Hunters … (0 comments)
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May 2009 Market Update for Area 10 - Union County- Detailed info on what sellers are ACTUALLY receiving. - 06/24/09 02:12 PM
Real Estate Market Update for
Single Family Homes in Union County North Carolina including:
Matthews, Stallings, Indian Trail, Weddington, Monroe, Marvin, Wesley Chapel, Mineral Springs, Waxhaw, Marshville, Wingate, and Peachland
Data gathered for May 1 2009 - May 31, 2009 from the CMLS
Active Listings
In May, 459 single family detached homes were listed for sale in Union county North Carolina. May's new listings were 15.93% less than in April and 24.75% fewer than were listed in May 2008.
Pending Units
229 Single Family homes received a contract. This was 7.51% more than received a contract in April but 22.37% … (0 comments)
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May 2009 Market Update for Area 11 Cabarrus County NC. Detailed info on what sellers are ACTUALLY receiving - 06/24/09 02:10 PM
Cabarrus County North Carolina Market Update for:
Real Estate Market Update
Single Family Homes in Cabarrus County North Carolina Area 11 including:
Cabarrus Neighborhoods: Ashebrook, Beaver Pond, Beverly Hills, Bradford Park, Braxton Estates, Cabarrus Crossing, Canterfield, Central Park, Christenbury Mews, Cochran Farms, English Woods, Falcon Chase, Glen Grove, Governors Pointe, Greystone, Harbour Towne, Havenbrook, Hawick Commons, Heatherstone, Hidden Pond, Highland Creek, Highland Street Commons, Kellswater Bridge, Landsdowne, Magnolia Springs, Mallard Pointe, Mission Hills, Morris Glen, Moss Creek, Mountain Laurel, Paradise Estates, Park Place, Parkwood, Providence Manor, Quail Hollow, Ramsgate, Remington Estates, Roberta Farms, Rocky River Crossing, Rocky River Plantation, Shenandoah … (0 comments)
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May 2009 Market Update for Area 13 Lake Norman NC. Detailed info on what sellers are ACTUALLY receiving. - 06/24/09 02:08 PM
Real Estate Market Update for
Lake Norman North Carolina, MLS Area 13
Including the cities of Mooresville, Cornelius, Huntersville, Denver, Terrell, Statesville, and Sherrills Ford
Data gathered for May 1- May 10, 2009
New Listings
In May, 278 single family listings were added to the inventory of homes for sale in area 13. This was a 18.71% increase from April and a decrease of 24.04% from the past year.
Pending Sales
83 single family detached homes received a contract in May. This was a 12.63% decrease than were written the year prior and 56.32% fewer than were written in … (0 comments)
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May 2008 Charlotte Area Single Family Detached Real Estate Market Stats - Entire CMLS area - 06/24/09 02:06 PM
Total Charlotte NC Real Estate Market Overview
May 1, 2008 - May 31, 2008
Data for all counties and cities served by the Carolina Multiple Listing Service including Charlotte, Monroe, Concord, Gastonia, Mooresville, and many others.
New Active Listings
In May, 4319 single family detached homes were listed throughout the Charlotte area. This was a decline of 24.76% from 2008 and a decrease of 8.71% from the previous month.
Under Contract
2114 Single Family Detached homes were placed under contract in May for the entire MLS area. This was an increase from April of 1.10% but a decline of 25.22% … (0 comments)
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$144,900 in price reductions this week on our listings - 06/19/09 06:01 PM
This week, we have reduced the price of our total inventory of homes a combined $144,900!
3727 Sally Lane: Was $129,900 is now $128,900: Customer Full Report
6713 Potter Road S: Was $399,900 is now: $375,000: Customer Full Report
4532 Glen Oaks Drive: Was $495,000 is now $449,900 Customer Full Report
533 McMillan: Was $299,900 is now $275,000: Customer Full Report
2009 Harvest Red Road: Was $200,000 (originally purchased for $216,000 in ‘05) is now $189,900: Customer Full Report
2008 Secret Garden Court: Was $189,900 is now $179,900: Customer Full Report
4270 Cole Creek Drive: Was $198,900 is now $170,000: Customer … (0 comments)
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The last day to sell your home this summer is - 06/08/09 08:43 AM
Real estate is seasonal regardless of the market. Typically, more homes sell in the spring and summer than in the fall and winter. December is the one odd month as many buyers rush to cash in on the tax incentives by closing before December 31. That being said, there is a much better time to sell your home in the summer than any other.
I compared contracts received on listings in both Union and Mecklenburg counties dating back to 2005 between June 1 and September 1. I also excluded out all of the new construction sales, which have little relevance for … (0 comments)
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Is the recession over? - 06/05/09 10:15 AM
Don't shoot the messenger but a number of economists are starting to predict the "great recession" as having ended or is ending very very soon. This week, Dr. John Connaughton from UNCC and Pete Keane from Keane Capital management were two that are top of mind as declaring we've quite possibly hit rock bottom. Their rationale is that the stock markets are showing 20%+ gains since March, unemployment rolls are shrinking, and consumer confidence is starting to build back into the economy. From a personal standpoint, our phone and internet sites have been flooded with traffic and we're writing more contracts … (5 comments)
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