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Charlotte, NC Real Estate News

By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
The Charlotte housing market has changed recently. Before, prices kept increasing constantly, but now, it is a more varied landscape. Some places are experiencing price increases, while others are witnessing price decreases.  This is different from the previous trend because prices just kept increasing.  We want to help you know why this change is happening. This knowledge can help you make decisions when buying or selling a home in Charlotte, NC.  Will Housing Prices Fall in Charlotte, NC?  The prices are changing in different parts of Charlotte. Some areas that used to cost a lot in 2021 and 2022 are now getting cheaper. But in other parts, the prices are going up.  Around June 2023, house prices in Charlotte were expensive, about $425,000 on average. That’s a big jump of 5.1% from ho...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Charlotte has many different neighborhoods. Some neighborhoods feel old and historic, while others are modern. These neighborhoods show how Charlotte keeps growing and changing over time.  This guide discusses how these neighborhoods are changing and what makes them unique. We’ll learn about what’s special in each area and why they appeal to residents.  Find the right neighborhood with this guide, whether you like old-style, modern, or a blend of both.  Is Charlotte NC Up and Coming? Charlotte Regional Business Alliance found that many people are moving here in Charlotte.  About 113 people picked Charlotte as their new home every day between 2021 and 2022. That’s a significant number! It shows that many people favor Charlotte’s living environment. Charlotte is getting more new residents...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Now is a great time to sell your home! With experts like Nancy Braun, you can make the most of this seller’s market.  This guide is your source for selling your home in Charlotte. The real estate market is changing, but right now, there are a lot of people searching for homes to buy.   You need to follow tips to guarantee a fast and profitable sale. These include finding the right agent, enhancing curb appeal, or making prompt repairs. In this article, we'll discuss these tips and more.  How Can I Sell My Home in Charlotte, NC? Selling Your Charlotte Home at the Right Price When you want to sell your home in Charlotte, getting the price right is super important. It makes your sales quick and profitable. But don’t worry. We’ve got tips to help you with this.   Look at Similar Recently So...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Another Fortune 500 Company, SPX Committed to Expand, Creating 180 New Jobs in Charlotte NC Charlotte NC Job Update:  NC Governor, Beverly Perdue, announced today that SPX Corporation, a Fortune 500 company, plans to invest $70 million to expand its operations and global headquarters in Charlotte, resulting in the creation of 180 new jobs in NC over the next five years.  SPX is a leading provider of engineered products and technologies to customers in global energy infrastructure, processing equipment which serves the food and beverage industry, and diagnostic tools for vehicle servicing and repair.  SPX Corporation has operations in more than 35 countries. “SPX is proud to call North Carolina home, and we remain committed to growing our global manufacturing business so we can continue ...
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By Jen Wetzel, NC/SC Realtor-With Jen, You Win!
(RE/MAX Executive)
Hope you had a great weekend!! Below are my amazing listings that I am proud to promote to you!! Let me know if you have any questions about any of them or if you would like to schedule a showing! 10410 Wyndham Forest Dr.   $290,000   Wyndham   Area 5/7   MLS# 979676 Virtual Tour: http://www.tourfactory.com/565237 Not a foreclosure or short sale, but priced like one! This Ballantyne FULL-BRICK home features a spacious kitchen with granite counters & tile backsplash, great room with fireplace & built-in shelving, dual staircase, oversized master bedroom with whirlpool tub, and large Bonus Room with walk-in attic space. Screened porch and oversized deck. Wooded lot with irrigation system & invisible fence. New roof, fresh paint throughout & new carpet. This home is a MUST SEE!! Bring all ...
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By Diane McDermott, Charlotte NC Real Estate Market
(Realtor®, GRI, Landis e2 Real Estate, LLC)
The 3 available homes for sale in Charlotte NC's Governors Square neighborhood are priced from $386,500 to $439,000. To view the neighborhood real estate listings, visit: Homes for Sale in the Governors Square Neighborhood in Charlotte NC There are also 3 neighborhood real estate listings currently under contract, and all of those Governors Square homes for sale are priced at the low $300's. Over the past 6 months there have been 2 successfully Sold Governors Square neighborhood real estate listings with sales prices of $215,000 and $250,000 *both were distressed sales* In summary....the available Governor's Square homes for sale are priced at the upper $300's to low $400's Under contract activity is at the low $300's and both of the recently sold Governors Square homes were distressed ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Search Charlotte Neighborhoods - HEYDON HALL - NOV 2010 Market Report   This gorgeous 56-acre neighborhood, with it's exquisite gated entrance, is simply enveloping immediately upon the opening of the massive, yet graceful gates.  The winding circle leads you past the gated playground and around tree-filled streets with old fashioned, glowing streetlights.   As are most communities in the high-end market, Charlotte's Heydon Hall neighborhood is showing a reduction in value over the last two years.  The 1-year market report below demonstrates just that.  Now is certainly a great time to get a fantastic deal on these lovely homes in Heydon Hall.   **Click the report below to take the Heydon Hall tour.      You will not want to miss these exquisite Simonini-built homes in a truly one-of-a...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Carmel Forest homes for sale, neighborhood information, local links, and all Charlotte home listings-which are updated daily. What more could you want?  Located in South Charlotte, Carmel Forest homes enjoy park like settings on shady lots.  It is primarily an older neighborhood with good sized lots and a great location. Some of the existing homes are being replaced with new custom homes. The 2010 Carmel Forest home (shown below) that sold this year, was a bank owned property-hence, the price. We have provided a two year look at the market activity (as noted in the MLS), using recorded Carmel Forest  properties. Carmel Forest  Housing Market Report: January-November-2010: Status  # of Homes List Price Sold Price Days on Market Active 2 $324, 950 150 Pending SOLD: 2010 1 $124,900 $120,00...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Sturnbridge homes for sale, neighborhood information, local links, and all Charlotte home listings-updated daily. What more could you want? The community of Sturnbridge is located in the Southpark section of Charlotte. Like many communities in this area, you'll find a well blended mix of architecture ranging from stately Georgians to cozy cottages, all on good sized lots. Its winding streets are nuzzled under a canopy of Oaks and Maples. The Sturnbridge neighborhood park is complete with a playground, tennis and basketball courts, along with a large field-good for football, soccer or baseball. Sturnbridge Housing Market Report: January-November-2010: Status  # of Homes List Price Sold Price Days on Market Active 6 $257,567 54 Pending 0 SOLD: 2010 6 $258,430 $249,583 91 2009 7 $250,371 $...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Two Words Every Charlotte NC Home Buyer and Seller Should Know Major changes are coming on January 1, 2011 that will radically change how Charlotteans buy and sell real estate.  That is the day when new Offer to Purchase and Contract forms take effect for every real estate transaction in North Carolina. After the change, due diligence will become a term that every Charlotte NC home buyer and home seller should know.  Why?  Because the revised contract eliminates many of the contingencies in the current contract, such as inspection and financing contingencies.  Instead buyers will have a “ due diligence period” during which they may investigate the property and determine whether they will be able to obtain a loan.  At the end of the due diligence period, buyers can decide to continue wit...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Beverly Woods homes for sale, neighborhood information, local links, and all Charlotte home listings-which are updated daily. What more could you want?  Beverly Woods is near Southpark,  located off Sharon Road near the Harris Y. Offering a great array of housing styles and a comfortable woodland feel with exceptional nearby amenities, the  neighborhood of Beverly Woods will always be a popular one. The community was developed initially back in the 50's, but has continued to carefully evolve. Beverly Woods  homes have the new and the old mingling side by side. A few of the older homes are in need of renovation...or at least cosmetic updating...the grounds are typically gorgeous. So, if you have an eye to redesign and personalize a home, Beverly Woods could be the perfect place to find a...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Foxcroft homes for sale, neighborhood information, local links, and all Charlotte home listings-which are updated daily. What more could you want?   Foxcroft is located near Southpark, with its edges tapping up against Sharon Road and Sharon Lane. Foxcroft homes were built in the 1950's, although today, you'd never know it. Due to this incredible location-and good lot sizes-many have been torn down and new McMansions have taken their place. Luckily, the towering trees and mature landscaping throughout the area, has helped the new homes blend in just fine! Foxcroft homes continue to sell well, as you can see on the chart listed below. Foxcroft Housing Market Report: January-November-2010: Status  # of Homes List Price Sold Price Days on Market Active 14 $1,488,707 113 Pending 0 SOLD: 201...
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News from RealtyTrac shows that Mecklenburg County tops North Carolina foreclosure filings for 3rd quarter 2010 with 3,388 filings.  One in every 119 housing units received a foreclosure filing in this period, which is 2.7 times the state average. To put things in perspective, North Carolina contributed less than 1% of the nation's foreclosure total for the third quarter. Looking to buy a foreclosed property in NC?  Contact me for a list of foreclosures home in the greater Charlotte region.  www.joycepoole.com
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Eastover homes for sale, neighborhood information, local links, and all Charlotte custom homes updated daily. Find today's listings updated here: Eastover Homes for Sale $2M+  or   Eastover Homes for Sale less than $2M Eastover is a very eclectic, sprawling community that skirts the edges of Myers Park and Uptown Charlotte. In Eastover, you'll find many small businesses mixed in with a few bungalows and many estate homes-some of historical note. Older, established landscaping and varied architecture-(more old, than new)-give this section of Charlotte a nice comfortable feel. It's intown location, adds to the appeal. What more could you want?  Below, we have provided a two year look at the market averages for “sold” properties (as noted in the MLS), using recorded Eastover properties. Ea...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Challis Farm homes for sale, neighborhood information, local links, and all Charlotte custom homes updated daily. What more could you want?  Below, we have provided a two year look at the market averages for “sold” properties (as noted in the MLS), using recorded Challis Farm properties. Find today's listings updated here: Challis Farm Homes for Sale $2M+ or   Challis Farm Homes for Sale less than $2M Challis Farm is an exlcusive gated community with elegant homes, spacious lots, an eight acre bass stocked lake, three neighborhood parks plus, golf cart access to Carmel Country Club. Located in South Charlotte near Rea Road and Hwy 51. Challis Farm Housing Market Report: January-November-2010: Status  # of Homes List Price Sold Price Days on Market Active 1 $1,995,000 190 Pending 0 SOLD:...
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By Diane McDermott, Charlotte NC Real Estate Market
(Realtor®, GRI, Landis e2 Real Estate, LLC)
The 17 homes SOLD in Charlotte NC's Beverly Crest neighborhood over the past 6 months.... - had an Average Sales Price of $321,768 (range was $233,000 ro $417,000) - spent an Average of 110 Days on the Market (range was 30 days to 320 days) - sold for an Average of 92% of the Original List Price (range was 77.6% to 99%) - seller paid closing cost contributions of $2,473 to $3,000 were included in 3 of the 17 recent Beverly Crest neighborhood home sales Recent home sales activity in Charlotte NC's Beverly Crest neighborhood has been focused mainly from the upper $200's through the upper $300's. Available Beverly Crest homes for sale are priced from the upper $200's to the low $400's. To view the neighborhood real estate listings, visit: Homes for Sale in the Beverly Crest Neighborhood Ch...
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By Diane McDermott, Charlotte NC Real Estate Market
(Realtor®, GRI, Landis e2 Real Estate, LLC)
The 17 available homes for sale in Charlotte NC's Beverly Crest neighborhood are priced from $264,900 to $445,000. To view the neighborhood real estate listings, visit: Homes for Sale in the Beverly Crest Neighborhood Charlotte NC Over the past month, active real estate listings in Beverly Crest have edged UP slightly Under contract and recently Sold activity are both DOWN slightly All of that indicates a slowing home sales pace and rising real estate inventory levels ahead for Charlotte's Beverly Crest neighborhood. As of November 2010, the neighborhood real estate inventory is at a 6.1 month supply of homes for sale - which is balanced.  HOWEVER the minimal under contract activity shifts conditions in favor of qualified home Buyers despite the relatively normal real estate supply.  By...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Under-Promise, Over-Deliver: Tried and True Customer Service Mantra Because we are, after all, in the service industry, I think we are all keenly aware of the customer service provided us  when using any vendor or visiting a restaurant, auto dealership, retail shops, etc.  We learn alot of how-to's and even alot of how-not-to's from the customer service which we are provided in our own experiences.  We are constantly striving to improve upon our customer service--if you're not doing so, you should  be.   What can we do to improve upon customer service?  Here are a few basics: 1.  Education is foremost in importance for anyone offering their services to consumers in any business.  With our ever-changing business, a well educated real estate professions can certainly make or break a trans...
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By Tom Tousignant, Investment Property Expert
(Fairway Independent Mortgage NMLS id #2289)
Mortgage Rates in Charlotte, NC have taken a beating this past week.  Since the Federal Reserve announced plans to print $600 Billion new dollars and buy US Treasuries in an attempt to spur on the economy, mortgage rates in Charlotte and throughout the Carolina's have jumped from the historic lows we saw before the Fed Meeting.  30 Year fixed rate mortgages are still insanely low, in the mid 4% range for most people.  Last week, rates briefly dropped below 4% for the first time ever, but that was short lived as mortgage bond traders started to worry about the inflation that the Fed will be printing over the next 6-8 months. Volatility is still extremely high with rates changing as much as 0.5% during a 1 hour appointment, like happened yesterday.  Interest rate quotes are only good the ...
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By David Snell 704.545.0098, CERTIFIED MOLD INSPECTOR, CERTIFIED MOLD REMOVAL.
(WWW.ExecutiveRestoration.Com)
Should bathroom exhaust fans, be exhausted to the attic or out side of the home?How many times have you seen or noticed that Exhaust Fans are running but not Exhausting?  Have you ever tried the toilet paper test?  The Toilet Paper test is putting up Toilet Paper to the exhaust fan and seeing if it will hold the toilet papger up or not?  If, it does not hold the toilet paper up, this means that is is possibly not exhausting to either the attic or out side of the home.  Check to see if there is an obstruction in the line if it is not exhausting.  Many of times I find that there is an obstruction in the exhaust line and it just needs to be cleaned out as well as the motor cleaned up with the fan blades cleaned up.  The bathroom is one of the places to have high humidity if a shower or bat...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Dovewood homes for sale, neighborhood information, local links, and all Charlotte custom homes updated daily. What more could you want?  Below, we have provided a two year look at the market averages for “sold” properties (as noted in the MLS), using recorded Dovewood properties. Click below to search for properties:   Dovewood Homes for Sale $2M+   and   Dovewood Homes for Sale Less than $2M Dovewood is located near exclusive Pellyn Wood in the Southpark section of Charlotte.  Dovewood is a small gated community, with some exceptionally customized homes and lawns.  A handful of fine custom home builders are featured here, including hometown favorites, Simonini and Potter Builders. Dovewood Housing Market Report: January-November-2010:: Status  # of Homes List Price Sold Price Days on M...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Belingrath homes for sale, neighborhood information, local links, and all Charlotte custom homes updated daily. What more could you want?   Located near Sharon and Quail Hollow Roads near Southpark in Charlotte, NC. Belingrath homes tend to be full brick, traditional homes with formal areas and park like wooded backyards.  Belingrath homes were built in the mid 90's by Toll Brothers, although, there are some custom homes within the community as well. Below, we have provided a two year look at the market averages for “sold” properties (as noted in the MLS), using recorded Belingrath properties. Belingrath Housing Market Report: January-November-2010: Status  # of Homes List Price Sold Price Days on Market Active 4 $601,200 48 Pending 1 $574,900 257 SOLD: 2010 3 $548,300 $505,833 92 2009 ...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Carmel Crescent homes for sale, neighborhood information, local links, and all Charlotte custom homes updated daily...What more could you want?  Carmel Crescent homes are mostly two story full brick homes with two car garages, ranging from 2200-4000 heated square feet, expect to find upgrades of hard wood floors and ten foot ceilings. Fashioned after Boston brownstones, these are quite maintenance free with private elegant Charleston style private courtyards. As a neighborhood, Carmel Crescent has four expansive tree lined common lawns, wrapped with brick sidewalk, and gas coach lamps. Located near Carmel and Quail View Roads, Carmel Crescent is located less than two miles from Southpark in Charlotte, NC.  These were bult by the Metropolitan Group, Inc. Below, we have provided a two yea...
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