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Charlotte, NC Real Estate News

By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Sherwood Forest Market Report - MAR 2024 The overall Charlotte real estate market is currently experiencing a low inventory level. Sherwood Forest only has a 1.36 months supply of homes available for sale. This indicates a high demand for properties in our market, leading to a competitive environment for both buyers and sellers.  Over the past 12 months, there has been a significant decrease in the months of inventory, with a change of -53.61%. This sharp decline in inventory levels further highlights the strong demand for homes in our market. Homes are selling quickly in this market, with a median of 55 days on the market before being sold. This fast pace of sales suggests that buyers need to act swiftly when they find a property of interest, as it may not stay on the market for long. ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Decluttering for a Fresh Start - A Journey to Organized Living - PART 2 Organizing your garage can often feel like you're tackling the absolute IMPOSSIBLE! However, with the right strategy, you can win back your space and transform your garage from a cluttered catch-all into a well-organized, functional space. Here's how to level-up your organizational skills in your garage: 1. Set Clear GoalsBefore you start, define what you want to achieve. Do you want a workspace, a place for your car, or just general storage? 2. Empty and CategorizeREMOVE everything from your garage and sort it into categories: keep, donate, sell or 'to-the-dump-we-go. 3. Purge with a PurposeBe ruthless. If you haven't used it in a year, it's likely you don't need it. This will make organizing what’s left SO much ea...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
SouthPark's Montibello Market Report for FEB 2024 📊 Montibello is one of SouthPark's crème de la crème subdivisions when it comes to residential communities! Home to 571 elegant, custom-crafted residences, this neighborhood boasts spacious lots, heavily peppered with mature trees and lush greenery, creating an incredibly inviting streetscape. Let's talk location—you couldn't ask for better convenience. Living in Montibello puts you just a hop, skip and a jump away from shopping havens like SouthPark Mall and Phillips Place. Plus, you're a quick 15-minute drive to both Uptown Charlotte and Ballantyne. SouthPark is truly at the heart of everything Charlotte! And here's the cherry on top: Montibello is zoned for some of Charlotte's highest-rated public schools and is a stone's throw away f...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
SouthPark's Royden Real Estate Snapshot: FEB 2024 Market Overview 📊 This popular luxury neighborhood, situated in the heart of SouthPark, is approximately 2 miles from Quail Hollow Country Club, nearby Carmel Country & Myers Park Country Clubs and Cedarwood Golf Club is within close proximity as well.  Of course, if you’re into shopping and dining at fine restaurants, you will love the location, near SouthPark Mall and the mall’s surrounding fabulous restaurants.   Royden residents also enjoy the convenience of the Arboretum and it’s central location to all of Charlotte’s premier private schools.  This neighborhood boasts top-ranked public school assignments as well. How’s the market faring in popular Royden neighborhood?   The average price per square foot in Royden is $333.    Average...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Providence Springs Housing Trends: February 2024 Real Estate Review Providence Springs, being a community of only 128 homes, typically does not have a large selection of homes on the market - low turnover year-after-year.  Some years, there are more relocation sellers than others and we are seeing a bit of a slow down in the relocation business this year. The economy continues to recover, as our Providence Springs market improvements continue to show.  If you're a buyer, interested in a fabulous, neighborly community on the NORTH side of Highway 51 in a great school zone, visit www.ProvidenceSpringsInfo.com for more information on this popular Charlotte luxury community.  We know that you won't be disappointed!Here are the current real estate market stats for Providence Springs:Average...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Parkwood Knoll (Myers Park) Market Report FEB 2024Parkwood Knoll, an attractive, full-brick complex located in the ever-popular Park Road/Myers Park area of Charlotte, is your premier destination for luxury condos. As we begin 2024's spring market, we are seeing a slightly downward trend in sales prices. With no sales the last quarter of 2023 and so far in 2024, there hasn’t really been any change in the community. Additionally, the community’s days on the market has held steady, averaging only 31 days. In order to give you a more clear understanding, a few key details are below. You'll find the average sales price, the average number of days on the market, the ratio of list-to-sales price, as well as the current inventory status. Please note - the charts below aren't just static graphs...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte's Myers Park: Snapshot of the Real Estate Market, FEB 2024 🏙️  Daily, we are asked, "So, how's the real estate market doing in Charlotte?"Quite often, we are asked specifically about our well-known, popular, historic communities, including Myers Park.   Myers Park is one of Charlotte's communities that continuously stands the test of time when it comes to housing appreciation. Even as the city endured the days, weeks, months, years of The Great Recession, Myers Park was one of the neighborhoods that didn't feel the depth of depreciation/devaluation that many of the Charlotte neighborhoods experienced.  As we ramp up the 2024 spring market, the Myers Park real estate market shows great demand from both relocation buyers and to those moving within the area. Below is the current ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Speechless Sunday's Sunset - Simply SpectacularAs the sun made its majestic descent over Lake Wylie, it painted the horizon with a glorious palette of warm golds and cool blues. What a grand canvas the sky was this evening! I love the wisps of clouds that streaked the sky as they caught the last light’s reflection of day. The trees seemed to stand as silent silhouettes, framing Mother Nature’s art. I love a grand sunset - the world seems to pause and everything is aglow with the quiet fire of dusk - what an incredible show we witnessed! Happy Sunday, Y'all! © Debe Maxwell, CRS | The Maxwell House Group | Savvy + Company | SavvyBroker@me.com | Speechless Sunday's Sunset - Simply Spectacular
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Elizabeth Property Watch: February 2024 Edition Elizabeth in a Nutshell The Elizabeth neighborhood was home to department store magnate William Henry Belk, and the city’s first neighborhood movie theater, The Visulite, a popular night spot in Elizabeth which continues to feature live music nightly. New shops, up-scale restaurants and revitalization along Elizabeth Avenue has created a trendy Charlotte NC hot spot which attracts many visitors to the Elizabeth community. Needless to say, in most markets, homes do not stay on the market long in Elizabeth. Favorite local spots in Elizabeth Charlotte NC – All are just a stone’s throw away from homes in Elizabeth including:Hawthorne’s NY Pizza | 1701 E 7th ST | 704-358-9339 La-Tea-da’s | 3401 Commonwealth AVE | 704-338-6864The Fig Tree Restau...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
What's for Dinner Tonight in Charlotte NC? “Hmm, I don’t know. Where do you want to go?”“I don’t know. You?” Ahh, the common dilemma of deciding where to dine out in Charlotte, NC! I don’t know about you but, we’re often indecisive, bouncing the question back and forth, neither of us with a clear preference. The struggle is real! How on earth does one choose a restaurant among Charlotte's diverse and growing culinary scene? The conversation reflects the challenge of selecting one of the city's premier dining options - also an ever-expanding one. Navigating the bustling landscape of new dining spots popping up each month can feel like a culinary expedition. Here’s an attempt to simplify that journey a bit for you. At the heart of the matter: As Charlotte blossoms, so does its dining scen...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
FEB 2024: Foxcroft (SouthPark) Housing Trends and Insights Report Foxcroft is a truly remarkable gem nestled in the heart of SouthPark in Charlotte, NC. This is a neighborhood that doesn't merely echo desirability, it sings it from the rooftops! Each home for sale in Foxcroft is cradled within an enchanted community with mature trees and dazzling landscapes. Imagine driving through a natural archway of towering trees in this older, highly desirable neighborhood. These age-old oaks stretch out their arms, almost as though giving residents & visitors alike, a welcoming embrace. And as we are now in pre-spring weather, prepare yourself for a visual feast! The community transforms into an artist's dream as the springs brings vibrant hues of beautiful color throughout. So, stay tuned...In Fo...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Heydon Hall Neighborhood Market Update - FEB 2024Your Dream Home Awaits You in Heydon HallHeydon Hall (SouthPark):  Dive right into the heart of SouthPark at Heydon Hall - the neighborhood where dreams come true! Imagine a place that takes you back to the golden days of true community spirit. It's all here waiting for you! Heydon Hall is where every day sparkles with the joy of community! Imagine fun get-togethers and neighborly carpooling, all wrapped in warm, neighborly friendships - where neighbors become family and every moment is treasured. Golf lovers, get ready for some excitement!  Nestled next to the prestigious Wells Fargo Championship's home, Quail Hollow Country Club, Heydon Hall treats you to a private, exclusive entrance to the golf course. Yes, you heard it right – a VIP ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte Market Update - FEB 2024 - UPTOWN - Fifth & Poplar Fifth & Poplar couldn't be more conveniently located. Sitting on the west side of Uptown in the Fourth Ward, many of the units in the complex have sweeping views of Uptown Charlotte's gorgeous skyline. Read more about this popular Uptown condo complex.  So, how's the market doing in Fifth & Poplar?Average List to Sales Price Ratio in Fifth & Poplar: Average Sales Price: Average Price Per Square Foot:        SEARCH UPTOWN CONDOS FOR SALE SELLERSIf you're thinking of selling your first, second, third or...home, let’s talk! As with everything in life, preparation is key and I will equip you with what you'll need to get you, as seamlessly as possible, through the home-selling process. Call or text (704) 491-3310 and let’s get star...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Congratulations, You Bought Your Very First Home - Now What?  Congratulations on purchasing your first home! You've successfully navigated through this crazy journey, we call home-buying in 2024!  You have now achieved the American dream, secured a fixed monthly mortgage payment and are on the path to building equity for future wealth. So, what's next on your homeowner journey? You’re probably eager to start personalizing your space, like removing a wall, painting your exterior - even your front door - or diving into decorating. Before you do, there are some important (and sure, less exciting) tasks to tackle first. Let's get those sorted so you can fully enjoy your new home! Here are 3 tips to get you started on the right path to homeownership:  1. Meet the Neighbors YES, this is SO im...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Dilworth's Latta Pavilion: Real Estate Trends & Analysis - FEB 2024 📊Welcome to Latta Pavilion, an exceptional residential jewel quietly situated at 1320 Fillmore Avenue in the lively heart of Dilworth.At Latta Pavilion, convenience and comfort are top priorities. Enjoy the peace of mind that comes with secure, underground parking, ensuring ample space for both residents and guests. Unwind in the inviting center courtyard, complete with charming patios and lush landscaping, creating a serene oasis right at your doorstep. For a delightful evening in, indulge in the rooftop lounge, where you can savor breathtaking views and soak up the atmosphere. Alternatively, step outside of your private retreat and immerse yourself in the vibrant Dilworth neighborhood. Discover a plethora of exciting ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Ballantyne – Blakeney Neighborhood Market Update FEB 2024– MITCHELL GLEN Popular South Charlotte neighborhood in top-ranked school zone offers wonderful amenities with LOW HOA DUES. Amenities include recreation area, playground and pond. Sales in Mitchell Glen continue to show an incredibly strong market. Average sales prices remain some of the strongest in the area. Days on the market are 53 days and there are currently 2 homes in Mitchell Glen that are actively being marketed (and has been on the market for 105 + 0 days as of 01FEB24). There is 1 home currently in Escrow at the moment.Here is the Ballantyne – Blakeney Neighborhood Market Report from January, 2024 final data -  MITCHELL GLEN: Current Average Sales Price in Mitchell Glen ($551,500)  Mitchell Glen's Average Days on the M...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Are you in the market for an affordable property in Charlotte, NC? You might be interested in the U.S. Department of Housing and Urban Development’s (HUD) housing opportunities. HUD provides a practical option for potential homeowners seeking economical housing solutions in the city.  In this article, we will present you with valuable information about buying HUD homes in Charlotte. What is a HUD Home? A HUD home in Charlotte, NC, is managed by the Department of Housing and Urban Development. What sets these homes apart is their affordability. HUD homes provide practical housing options that can be attractive.  But what makes HUD homes distinct? 1. HUD homes are government-owned. They exist when a homeowner can’t settle their mortgage payments, causing foreclosure. In these cases, the H...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Charlotte, NC, is a city that lots of people can call home. It has a lot of perks –a lively cultural scene, modern facilities, and growing businesses. The list of benefits goes on and on. But one crucial area Charlotte will constantly excel in is its real estate market.  More investors recognize Charlotte’s potential when it comes to rental property investment. This article will explain why Charlotte is an excellent place to buy a rental property. Rental Property Market Trends in Charlotte, NC Zillow provides a summary of Charlotte’s rental market as of October 2023.  The median rent for all bedrooms and properties in Charlotte is $1,995. This statistic indicates the balance between Charlotte's lower and higher-priced rental properties. The rental prices would range from $535 to $11,621...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Charlotte boasts more than 60 gated communities that offer a lavish lifestyle. These communities have become popular among homebuyers seeking an elevated living experience.  Let me enlighten you on why gated communities in Charlotte are sought-after. Discover why they might be the perfect option for your next home purchase. What are the Characteristics of a Gated Community in Charlotte, NC? Here are some characteristics that define the gated communities in Charlotte, NC: 1. Enhanced security measures Gated communities boast strict control measures that monitor entry and exit points. This includes employing trained security personnel, electronic access systems, and guest registration protocols. Gated communities also use advanced surveillance systems that cover critical locations 24/7. T...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
SouthPark Spotlight: Beverly Woods Real Estate Trends – JAN 2024The SouthPark community of Beverly Woods, developed during the 1960's and 1970's, remains one of Charlotte's most coveted Crosland communities.  Beverly Woods is known for its spacious, arboreous lots - simply filled with mature landscaping - and the wonderful 'community' feel within. The premier SouthPark location and the variety of homes - from ranches to split levels to two-story homes, making the streetscape inviting. Beverly Woods (SouthPark Neighborhood) Market Report is reflective of just how popular this community really is. There's just no community in Charlotte like it!  The Beverly Woods real estate market continues to be in a strong sellers market with sales prices continuing to level out during December, 2023 a...
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