The Charlotte Real Estate Market for January 2014 according to the Charlotte Regional Realtors Association had a really good start for a new year! It’s a great indicator of a stabilizing and healthy market.
New listings increased 2.3% to 4,027 Pending sales were up 6.2% to 2,778 Inventory levels shrank to 6% Absorption rate supply down 17.4% to 4.7 month supply
What is recognized is we have fewer foreclosures, more new construction and increased seller activity. This is a great time for buyers and sellers to consider … (0 comments)
I was reading a blog this morning that was written by Diane Osowiecki ( great blog by the way) But it brought to my mind a situation that occurred and why I know, always doing the right thing is right.
It’s always exciting to receive a call from a prospective buyer who have located you online and they call you up to ask if you will assist them with their new home purchase and relocation needs, and of course for most of us we’re just absolutely delighted with the possibilities.
FACT: There are only a certain number of houses that will sell in any market; be it a seller or buyer’s market, in any given period of time.
Absorption Rate pricing provides the answer to the question. How long will it take my Charlotte, NC home to sell in my neighborhood?
The question that comes to mind is: What is Absorption Rate Pricing? Answer: The ability to determine through a comprehensive analysis how many homes are absorbed on a monthly average. … (4 comments)
The dream of home ownership based on volume in August 2013 for Charlotte, NC was very much intact, it certainly outweighed the higher interest rates for now.
The real estate market health is definitely pointed upward.
There were 1,576 total units that closed in all of Mecklenburg County; closings were up by 18.1%.
New Listings in the Charlotte region increased 16.5% to 4,530.
Pending Sales were up 17.5% to 3,079.
Home Prices experienced a facelift, … (2 comments)
OPEN HOUSE: SUNDAY, AUGUST 25, 2013, 1:00p - 3:00p 9409 Ivy Ridge Pl.
This must see home is a classic traditional 2 story, partial brick veneer with an open floor plan, large rooms, tremendous storage space, private outdoor living, beautiful quiet cul-de-sac, seasonal lake view, clubhouse, pool, tennis courts, playground, walking trails and the Shoppes at Davis Lake,A all within walking distance.
Come See This House - Located In the Highly Desirable Davis Lake Community - University Area of Charlotte, NC
You will absolutely fall in love with this meticulously maintained tastefully updated home located in the popular and desirable neighborhood of Davis Lake. This all inclusive neighborhood features amenities galore and all within walking distance. Well stocked fishing lake Clubhouse with exercise facility Pool Tennis & volleyball courts Playground Walking trails Shoppes at Davis Lakes and so much more!
Peaceful living in a private cul-de-sac that offer seasonal views of Davis Lake. This home is situated on a beautiful lot surrounded … (5 comments)
All signals currently point to a progressive stabilization in the housing market and the positive trend in home price appreciation.
We still have a long way to go to return to 2005-2006 levels, but we are seeing significant upward movement of single family prices.
The National Association of Realtors (NAR) say “pent-up demand is sustaining the market.” Record low mortgage interest rates clearly are helping many home buyers as their financial ability and confidence steadily grows.
And for the first time since … (0 comments)
charlotte: The Final Four - Cedar Walk Neighborhood located In Ballantyne
- 01/21/13 10:37 AM
The Final Four - Cedar Walk Neighborhood located in Ballantyne, Charlotte, NC Our Popular Urban Townhomes are almost SOLD OUT! Nostalgic, Urban, Classic, Artful, Elegant, Liveable, Walkable,Cedar Walk. Beautiful streetscapes, private courtyards, town style parks, green open spaces all in Cedar Walk. Great location, excellent schools, shops, restaurants, all within walking distance in Cedar Walk. As we prepare to close out this exquisite neighborhood it has been a delightful pleasure to make acquaintance with the incredible residents of this unique neighborhood. We are down to the final four, come in today and let us show you why so many people call Cedar Walk home!
The housing recovery that started earlier in 2012 in the Charlotte, NC housing market continues to gain momentum. It is safe to say that we are now in the midst of recovery, as all signals currently point to a progressive stabilization, slow, but steady home appreciation values in 2013.
Areas in South Charlotte are experiencing a sellers market which will push prices up even higher due to demand.
There were 2,339 total residential closings in December 2012, up +23.4% from 1896 total closings in … (2 comments)
Locating your first Charlotte,NC home can appear to be ever so easy.
“I really thought I could do this by myself, but little did I know about all of the complexities that are involved from contract to closing!”
Buying real estate for the first time can be exciting, if you know what to expect. You have decided that you are ready to buy, let me share with you several key items which will help you to succeed in purchasing your first home.
Welcome to Cedar Walk located in the Highly Desirable Community of Ballantyne -(South Charlotte) Beautiful, Affordable, Classic - Cedar Walk brick townhomes private courtyards with fencing some units with garages located behind the unit. brick walk and stoops natural green spaces beautifully landscaped walking distance to shopping, restaurants, bank, school, grocery store urban lifestyle Cedar Walk - Wide sidewalks, tree lined streets adorned with traditional lamp posts. You have got to see it to appreciate the quality of life that awaits you in this … (0 comments)
charlotte: Sell My Charlotte, NC House!
- 10/15/12 02:36 PM
Sell My Charlotte, NC House! There are some common sense things that sellers must consider when they are preparing to sell their Charlotte, NC home. Your home is being interviewed by the potential buyer. You will not get a second chance to make a good first impression. Keep in mind we have worked with countless buyers and know how to present your property in the best light. Realistic pricing will achieve maximum price in a reasonable time. The cost of improvements are almost always more than the added value. If your home is listed at a price that is above market … (2 comments)
There were 2,224 total closings in September 2012, up 14% from 1968 total closings in September 2011.
62.37%of all home sales in September 2012 were in the $200,000.00 and under category.
The supply-demand balance stabilized as Months Supply of Inventory was down 43.4% to 6.4 months.
New Listings in the Charlotte region decreased by 3.5% to 3,290.Pending sales were up by 36.1% to 2, 573.
Market wide inventory levels were down 26.9%.
The Average Closing Price for the Charlotte metro area in September 2012 was $206,051 up … (0 comments)
charlotte: People Are Still Moving (Relocating) To Charlotte, NC!
- 09/18/12 06:00 AM
United Van Lines, the country’s largest mover announced the findings of its 2012 Post-Peak Moving Trends Summary which has put Charlotte, NC among the top destinations for relocation coming in at #8.This report covers May through August, peak season when most domestic moves take place.People are still relocating to the Queen City, Charlotte, NC...... Let me send you a free relocation packet today
There Is Reason For Optimism Going Into The Last Third Of 2012!
Prices moved higher, the price range with the largest gain in sales was the $200,000 to $300,000 price range.
The property type with the largest price gain was the single family segment.
There were 3,268 total closings in August 2012, up 27.4% from 2284 total closings in August 2011.
64%of all home sales in August 2012 were in the $200,000.00 and under category.
The supply-demand balance stabilized as Months Supply of Inventory was down 29.9% to … (0 comments)
charlotte: The Cost of Homeownership is Incredibly Cheap!
- 08/28/12 02:56 AM
The Cost of Homeownership is Incredibly Cheap! Charlotte, NC first time home buyers and/or renters, if you have not started looking for your new home, the time is NOW!This is the best opportunity ever to borrow money for homeownership. Don’t wait; it is a great time to buy. Interest rates are 1% lower than they were this time last year. Do you know how much difference 1% can make in your purchasing power? If an individual was spending $1,800.00 for a mortgage last year, the same $1,800.00 will give you purchasing power of $45,000.00 more than you could have purchased … (2 comments)
charlotte: Charlotte, NC – Count Down to the DNC!
- 08/27/12 04:57 PM
Charlotte, NC – Count Down to The DNC! We’ve been preparing for a year and next week Charlotte was tagged to host the Democratic Party’s National Convention. Charlotte Is Ready!! The Charlotte region is being put on the world stage and we have tidied up nicely in anticipation of the 35,000.00 delegates that will embark upon our Queen City. For the people that don’t know about Charlotte they will experience the most incredible, friendly, warm, inviting, Southern Hospitality that we have to offer. The visitors to our city will leave knowing that it is a great place to visit, a great … (3 comments)
charlotte: Charlotte, NC - Welcomes Another Cool Urban Concept!
- 08/27/12 03:05 PM
Charlotte, NC - Welcomes Another Cool Urban Concept! Charlotte, NC is offering another cool and soon to be popular concept called Charlotte B-Cycle, a brand new bike sharing program that consists of 20 bike stations with a total of 200 bicycles clustered around Dilworth, South End and Uptown.
Our new form of public transportation promotes clean transportation and better public health, with an emphasis on getting outside.Throughout the pedestrian friendly streets of the Queen City we can now walk, run or ride bikes as a great alternative for short distance trips in the Uptown and surrounding areas.
This program … (2 comments)
charlotte: Mental Health Day?
- 08/25/12 08:19 AM
Mental Health Day? I don’t know if you have ever require a mental health day, but I sure do. Every now and then I have to stop, drop and take a day off; I actually decided to take three. It was not necessary for me to plan an elaborate vacation; all I needed was a place to go that would provide me with an outlet to recharge for a minute, a place of solitude and tranquility. I call Charlotte, NC home, it is located less than 2.5 hours from what I consider pure bliss! The NC mountains, a place I … (4 comments)
January 2014 - Charlotte, NC Real Estate Market Update! 
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