The Citizens' Guide provides contact information for the City of Charlotte, for Mecklenburg County, for the Sheriff's Office, for the Charlotte Fire Department, for Juvenile Services, for domestic violence and victim assistance, for State Agencies, for elected officials and Charlotte City Council and Board of County Commissioners, for foreign language/immigration resources, and much more.
The Citizen's Guide also provides information about how/when/where to contact the Charlotte Police Department, when to contact the … (28 comments)
This is your Monday morning reminder that you can handle whatever this week throws at you.” ... Unknown
Do you look forward to Mondays or do you dread them? I've always look forward to Mondays... to me Mondays represent a new week and new opportunities, both personal and professional. Mondays represent a fresh start. In fact, what's really wonderful about Mondays is that they offer a fresh start and new opportunities 52 times a year!
"Every Monday is a chance to start a new fabulous week! Embrace it!" ... Unknown
I once saw a meme that said: "It's Monday... kick ass, … (40 comments)
It was back to school in the Charlotte region this past week. And even if you don't have children who returned to school this past week, you knew all about it by the morning and afternoon traffic around schools! In the spirit of the "back to school" season, here's a pop quiz for prospective home buyers and sellers... can you define key terms in today's housing market?
We can help. Call us today at 704-779-0813 or contact us here. There’s absolutely NO OBLIGATION. A consultation with Carolinas Realty Partners is FREE.
MEDIAN HOME SALE PRICE TRENDS IN THE CHARLOTTE REGION
July 2021 saw the continuation of the strong housing market in the greater Charlotte region and could be considered as having fully recovered from the effects of the pandemic-related lockdowns in Spring 2020.
Closed sales activity shows buyer demand exceeding pre-pandemic levels and straining inventory. Pending sales, no doubt, would have been higher in June if the inventory had been available. Historically low interest rates and pent-up demand continue to fuel much of the buyer demand, as do the … (8 comments)
June 2021 saw the continuation of the strong housing market in the greater Charlotte region and could be considered as having bounced back from the effects of the pandemic-related lockdowns in Spring 2020.
Closed sales activity shows buyer demand exceeding pre-pandemic levels and straining inventory. Pending sales, no doubt, would have been higher in June if the inventory had been available. Historically low interest rates and pent-up demand continue to fuel much of the buyer demand, as do the … (36 comments)
Average sale price for Ardrey homes in the second quarter was $641,250 (about $40,000 higher than in the previous quarter). The median sale price for the quarter was $625,000 ($40,000 higher than in the previous quarter). At the end of the second quarter in 2021, no homes were listed for sale and no homes were under contract.
Average days on market for Ardrey homes sold in the second quarter were 62. Median days on market were 6. One home that was on market for 245 days skewed the average … (20 comments)
No, it's not your imagination... home prices have been increasing steadily since 2020 (and before) and the lack of home inventory makes it harder than ever to find a home to buy.
According to a report from the National Association of Realtors (NAR), home prices increased in 99% of the nation's metro areas in the First Quarter of 2021. In 89% of metro areas home prices increased by double digits. This is quite an astonishing figure, as in the First Quarter of 2020 25% of metro areas saw … (20 comments)
Wondering just how fast homes have been selling in the Greater Charlotte market this spring? The average days on market for Charlotte area home were just 20 days in April. This is down from 39 days in April one year ago. Homes also sold four days more quickly than in March 2021.
Home sale prices surged in May: +16.4% year-over-year, on average. Median home sale prices increased 24.4%. Closed and pending sales also surged in May. Closed sales increased 24.8%; pending … (26 comments)
Latest news on the Ballantyne real estate market and what it means for you...
Ballantyne remained a seller's market in March 2021 due to the continued lack of inventory, which dropped over 66% year-over-year. Months supply of inventory was down (-64.3%) compared with March 2020 to 0.5 months of housing supply. The drop in housing inventory year-over-year resulted in considerably lower days on market, a decrease in closed sales, and much higher home prices.
Average Ballantyne home sale prices increased 14.5% to $472,328 in March 2021 compared with the same month one year ago. Median home sale prices increased 14.9% to $415,123 … (24 comments)
If you're wondering how home sales have been faring in Charlotte and throughout Mecklenburg County subdivisions in April 2021, here's a list of 250 Charlotte/Meckelnburg neighborhoods where at least one home sold each month in the past 12 months. The report includes neighborhoods in Charlotte, Matthews, Mint Hill, Pineville, Davidson, Cornelius, and Huntersville.
Charlotte/Mecklenburg ended March 2021 with less than a 1 month supply of inventory of homes at 0.6 months (down 66.7% year-over-year). New listings dropped 5.1% year-over-year.
The extreme lack of inventory, which was down 66.7%, pushed median home prices up 16.2% … (32 comments)
Raintree neighborhood in south Charlotte with over 1,700 homes is a perfect example of how critically low listing inventory is throughout the Greater Charlotte area. Just 11 single family homes sold in Quarter 1, 2021 and just 10 homes were listed for sale. This lack of inventory drove home sale prices up by 11.47% and reduced days on market to just 10 days from 14 days one year ago.
Townhomes and condos in Raintree were also in short supply in Quarter 1, 2021. The neighborhood saw just 10 closed sales and … (14 comments)
Six homes sold in Ardrey in the 1st Quarter 2021. Average sale price in the first quarter was $599,167 (about $20,000 higher than in the previous quarter). The median sale price for the quarter was $585,000 ($30,000 higher than in the previous quarter). At the end of the first quarter in 2021, no homes were listed for sale and no homes were under contract.
Average days on market for Ardrey homes sold in the first quarter were 3, as were the median days on market. Ardrey homes sold almost as … (16 comments)
People have continued to move to the Greater Charlotte area in large numbers despite the pandemic. According to the Charlotte Region Business Alliance, since March 2020, some 21,000 people moved to the Charlotte area.
Reasons for these moves include people moving here for jobs, for a lower cost of living, lower taxes, more space and less density, better quality of life, to follow children to be closer to grandchildren (the region ranks #1 for baby boomers who've chosen to retire close to their grandchildren, according to Meyers Research.) In fact, these baby boomers … (20 comments)
Yes, interest rates have ticked up since the start of 2021 and rose to over 3% in early March, breaking an almost year-long decline in rates. Nonetheless, interest rates still remain historically low. And keep in mind interest rates of today won't be this low forever, either, and are predicted to continue to increase throughout 2021.
While a gradual increase in 30-year fixed mortgage rates and a slight dip in mortgage applications does worry some as we enter the spring home-selling market and has them feeling like they … (20 comments)
Ready To Purchase A Greater Charlotte Home While Interest Rates Are Still Low?
You may have heard that the slight increases in mortgage interest rates over the past couple of weeks have pushed interest rates to over 3% for the first time since July 2020. Fredi Mac's recent Primary Mortgage Market Survey® (PMMS®), showed that the 30-year fixed-rate mortgage (FRM) averaged 3.02%.
For someone who remembers interest rates rising to almost 20% in the 1970's, a mortgage rate in the low 3% still seems awesome. And if you've been thinking about purchasing a home in 2021, you should not be dissuaded because rates … (36 comments)
charlotte homes for sale: Charlotte Area's 500+ Hottest Selling Neighborhoods: December 2020
- 01/26/21 05:39 AM
Do you live in one of Greater Charlotte area's hot neighborhoods? If you're wondering how home sales fared in Charlotte region subdivisions in December 2020, here's a list of 500+ Charlotte metro neighborhoods where at least one home sold each month in the past 12 months. The report includes neighborhoods in Charlotte, Waxhaw, Matthews, Mint Hill, Indian Trail, Stallings, Belmont, Mount Holly, Gastonia, Pineville, Davidson, Cornelius, Huntersville, Monroe, Concord, Mooresville, and more.
Charlotte region ended December 2020 with less than a 1 month supply of inventory of homes at 0.8 months (down 60.0% year-over-year), despite an 18.2% increase in new listings year-over-year. Lack of … (31 comments)
Sold At $11,000 Over Asking Price 3 Bedroom/2.5 Bath Townhome With Finished Basement Minutes From South Park
Listed by Nina Hollander with Coldwell Banker Realty, 1824 Sabrina Court in south Charlotte's Sharon South neighborhood, a corner townhome with a finished, walkout basement and 2,000+ square feet of heated living area, is now SOLD & CLOSED at $203,500.
The townhome, which went under contract in just one day, is located in a prime south Charlotte location, minutes from South Park; close to shopping, restaurants, medical services, entertainment venues, Little Sugar Creek Greenway, Park Road Park, Light Rail, major thoroughfares, Charlotte-Douglas Airport and City Center.
6432 Tivoli Court, listed for sale by Nina Hollander with Coldwell Banker Realty, has just sold for $237,500... $12,500 above asking price. This home went under contract in one weekend after receiving multiple offers.
6432 Tivoli Court is a move-in ready 3 bedroom/2 bathroom, Cape Cod style home with an open floor plan and 1,504 square feet of heated living area. NO homeowner association fees are an added bonus of living in New Stonehaven!
The home is situated on .23 acres with lots of mature shade trees... ideal for starting off one's … (44 comments)
Have you been thinking about finding a new Charlotte area home this fall in time for the holiday season? Why not start your search on my website, www.GreatHomesInCharlotte.com?
Whether you're looking to down-size, up-size, right-size; for a single family home, a townhome or condo, a new construction home, an active adult community, a home on one of Charlotte area lakes or golf courses, I can help you find that special home you may have been dreaming about. And it's easy to start searching on my website.
;)
;)
;)
