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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 Raine Spivey, Realtor
(REIGN REALTY)
Now I'm no loan officer, but did get certified as a Loan Originator a couple years ago.  Some things I remember from my course, others from real world experience.  Like, if you want a loan from anywhere, you must have a good credit score.  And "good" means above 660, and that's not really consider "good".  "Good" really means a score of 720 and better.  But how many of the U.S. population has over a 720 crdit score?...surprisingly, according to my lender source, more than half of the population has a credit score of over 700! So before you can actually say to a lender - "Hey, give a few thousand dollars...I'm ready to buy a house!" there are some things you must do...and cleaning your credit is the first! I know you see those commercials that tell you to get your credit report and/or cr...
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By Jonathan Osman, Charlotte House Hunter Group
(Jonathan and Associates, Inc)
Charlotte North Carolina Market Update for: Condominium and Townhomes in Uptown Charlotte (Downtown / Center City) The Vue Charlotte, 400 North Church, Settlers Place, Avenue Condominiums, Chapel Watch, Park Place, Fifth and Poplar, Iveys Townhomes, The Garrison at Graham, 230 South Tryon, Trademark, The Ratcliffe, The Trust, Encore, M Street, Court 6, Courtside MLS Area 99 Map of all the developments covered in Area 99 Data gathered for February 1 - February 28, 2010 New Listings 74 In comparison to: +34.55% January | +12.12% 2009 | -19.57% 2008 | -11.90% 2007 | +27.59% 2006 Pending Sales: 9 In comparison to: -25% January | +28.57% 2009 | -60.87% 2008 | -86.57% 2007 | -62.50% 2006 Sold Listings: 8 In comparison to: 0% January | +100% 2009 | -61.9% 2008 | -87.5% 2007 | -50% 2006 Average...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
No we weren't drinking and writing contracts....what a hangover that would be.. My clients just contracted their new home on a celebration day-St. Patrick's Day. Come to think of it, any day a contract is ratified is cause for a mini-celebration. However, caution to the exuberance. Closing is the real celebration. Things happen, contracts die. We used to high-five contracts as there were little obstacles to closings. Today they are savored lingeringly, swallowed reluctantly. Closing is becoming an art form in this industry. So many variables. I can think of more reasons why a contract should not close than close. I am not a pessimist and put my "it will happen Hat" for every contract. Unfortunately it's part of the "best laid plans scenarios". This is a word to any buyer out there: Beco...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Eastover real estate and Eastover homes for sale located in Charlotte NC. All listing data used was provided by the Carolina MLS. Here is a quick review on Charlotte homes for sale in Eastover, spanning current activity since January of 2010, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Eastover real estate. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Eastover MLS Housing Activity from 01/01/2010 through 03/17/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 32 $1,038,043     70 Pending 3 $844,300     42 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 1/1/10-3/17/10 6 $1,12...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Foxcroft real estate and Foxcroft homes for sale with listing data provided by the Carolina MLS in Charlotte NC. Here is a quick review on Charlotte homes for sale in Foxcroft, spanning current activity since January of 2010 and going back to review the same time span for the past three years-the numbers are all based on the market averages for Foxcroft real estate. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Foxcroft MLS Housing Activity from 01/01/2010 through 03/17/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 9 $787,544     84 Pending 1 $775,000     127 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 01/01/10-03/17/10 8 $1,047,312 $874,025 84...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Myers Park real estate and Myers Park homes for sale located near uptown Charlotte NC. All listing activity recorded is from the MLS. Here is a quick review on Charlotte homes for sale in Myers Park, spanning current activity since January of 2010, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Myers Park real estate. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Myers Park MLS Housing Activity from 01/01/2010 through 03/17/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 96 $940,890     59 Pending 15 $824,780     149 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 1/01/10-3/17...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Charlotte NC Property Taxes—What You Need to Know Considering a move to Charlotte NC?  If so, you are probably interested in property taxes in Charlotte and the surrounding areas.  Here are some questions that newcomers to Charlotte ask me about taxes in the area. How are property taxes calculated in Charlotte NC? Property taxes are calculated by adding the county tax rate and the city tax rate plus the tax rates for any special tax districts that apply to a particular property.   This combined tax rate is multiplied times each $100 of a property’s assessed value to determine the year’s tax bill.  The tax rates are set every June by the city and county governments. How much would I pay in taxes for a home assessed at $200,000 in the Charlotte-Mecklenburg County area? The 2009 tax rate f...
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By Lars Hedenborg
(RE/MAX Real Estate Experts)
Today Charlotte will be a sea of green as people celebrate St Patrick's Day here in the Queen City. Let's face it, we look good in green! As you enjoy all the festivities of the day, mark your calendar for another green event coming up: the Charlotte Clean and Green festival on April 17th, 2010. Rain or shine, the festival will run from 10am -3pm at central campus of Central Piedmont Community College. There will be free workshops on making your home more efficient, solar power, remodeling and building a "green" home. Live music will be provided throughout the day by Sensoria and John Tosco. You can sample local foods prepared by professional chefs and culinary students. There will be activities for all ages to enjoy! From the Carolina Raptor Center to dance workshops, there is somethin...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Morrocroft Estates real estate and Morrocroft homes for sale updated Charlotte NC housing market report. Here is a quick review on Charlotte homes for sale in Morrocroft Estates, spanning current activity since October of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Morrocroft luxury real estate. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Morrocroft MLS Housing Activity from 10/17/2009 through 03/17/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 3 $2,502,966     247 Pending 0 $0     0 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 3 $1,864,966 $1,578,300...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Heydon Hall real estate and Heydon Hall homes for sale: listing data provided by the Carolina MLS located in Charlotte, NC.  Here is a quick review on Charlotte custom homes for sale in Heydon Hall, spanning current activity since October of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Heydon Hall luxury real estate. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Heydon Hall MLS Housing Activity from 10/17/2009 through 03/17/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 7 $1,007,185     98 Pending-new 1 $1,249,900     602 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Marke...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Seven Eagles real estate and Seven Eagles homes for sale. All listing data provided by the Carolina MLS of  Charlotte NC. Here is a quick review on Charlotte custom homes for sale in Seven Eagles, spanning current activity since October of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Seven Eagles luxury real estate. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Seven Eagles MLS Housing Activity from 10/17/2009 through 03/17/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 1 $6,990,000     45 Pending 0 $0     0 09/01 through 02/14 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Challis Farm real estate and Challis Farm homes for sale in Charlotte NC. Listing data provided by the Carolina MLS. Here is a quick review on Charlotte custom homes for sale in Challis Farm, spanning current activity since October of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Challis Farm real estate. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Challis Farm MLS Housing Activity from 10/17/2009 through 03/17/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 5 $1,088,580     165 Pending 0 $     Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 2 $850,000 $755,...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Carmel Park real estate and Carmel Park homes for sale-Charlotte NC listings analysis. Here is a quick review on Charlotte homes for sale in Carmel Park, spanning current activity since October of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for Carmel Park real estate. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you.   Carmel Park MLS Housing Activity from 10/17/2009 through 03/17/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active 4 $1,902,500     129 Pending 0 $0     0 Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010 0 $0 $0 0% 0 2008-2009 0 $ $ % 2007-2008 1 $6,500,000...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
The Sanctuary real estate and The Sanctuary homes for sale on Lake Wylie SC-listing data created by using the Carolina MLS stats. Here is a quick review on Lake Wylie homes for sale in The Palisades, spanning current activity since October of 2009, and going back to review the same time span for the past three years-the numbers are all based on the market averages for The Sanctuary real estate. If you would like a free in-depth market analysis for your neighborhood, just give us a call and we will be happy to provide that to you. The Sanctuary MLS Housing Activity from 10/17/2009 through 03/17/2010 Status # of Homes List Price Sold Price %SP/LP Days on Market Active w/new 3 $1,491,666     39 Pending w/new 0     Status=SOLD # of Homes List Price Sold Price %SP/LP Days on Market 2009-2010...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Charlotte NC One of Country’s Healthiest Housing Markets Builder Magazine just released its list of the top 20 healthiest housing markets in the country for 2010.  Charlotte NC ranked #3 on this list.  Six other Carolinas housing markets were also in the top 20 list.  The Raleigh-Cary market was just ahead of Charlotte at #2. Builder Magazine created a Builder Market Health Index which used household formations, resale values and job and income growth to rank the top 100 housing markets (determined by number of permits pulled in 2009) by health.  The magazine cautions that the top twenty markets are healthier than the others but still aren’t the same as during the housing boom.  A truly healthy market score is a rating of 50 or more.  Only the top two markets scored 50 or above.   Charl...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
St. Patrick’s Day -  March 17, 2010 - Open House Tips May your blessings out-number the shamrocks that grow, and may trouble avoid you wherever you go – an Irish blessing  St. Patrick’s Day is the perfect time for a whole bunch of tomfoolery!  It’s also the perfect time for an open house to sell those listings.  Let’s get started hosting a St. Patrick’s Day Open House…I agree, that we typically advise our clients not to leave your personality all over the house you’re selling—and we mean it.  That’s not to say that you can’t have a little bit of fun with a themed open house, though.  Here are a few tips to get you started on the right path for getting those listings SOLD: 1.    Keep your St. Patrick’s Day decorations to a minimum, but the atmosphere fun.  In other words, pick decoration...
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Take a 360 Virtual Tour in Charlotte, NC. http://rtvpix.com/RE-7903-BG56W2-01 7937 Charter Oak Ln. Charlotte, NC 28226 Price: $128,000Beds: 2Baths: 1.0 MLS #: 924653Total SF: 1300-1600 YouTube HD Video Slideshow: 7937 Charter Oaks Ln. Katie Gray704-887-5088 3430 Toringdon Way Ste. 101 Charlotte, NC 28277 WebsiteView My Tour Gallery Powered by Media Tours 360Your Charlotte Metro Real Estate Marketing Expert! Charlotte Virtual Tours  
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Short Sale Q & A - This Process is Taking TOO Long, What is a Buyer to Do? From a short sale buyer: Q - I have had a purchase agreement on a short sale property since August 14th of 2009 and I still haven't received an answer from the bank.  They keep telling us we will have an answer in approximately 1 week; then a month will go by and we still hear nothing.  What can I do to help move this process along as the purchaser? A -First of all, you are incredibly patient!  There are several things that could be wrong here but, unfortunately, you have no control of the situation--no way to push this process along any quicker. You and the seller are in a hands-tied mode! Both the listing agent and the buyers agent should have an understanding of the short sale process--the listing agent needs ...
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"They wouldn't come down in price.  I said, ‘Sir, excuse me, sir, do you want to know how many other houses my client can buy?'  We couldn't bridge a gulf of $2K and the deal fell through.  Their loss!"  (Indignant Charlotte Realtor)   "Why ask why?  Try Bud Dry."  (Old Anheuser-Busch slogan)   If you were offered both of these jobs, which one would you take? Job #1:  $80K annually Job #2:  $30K annually Duh, the $80K one. Now let's look at the job descriptions: Job #1: Work begins at 4 AM.  Your job is to produce 100 widgets an hour.  You cannot go home until you complete 1,500 widgets a day minimum and your job is six days a week.  There is no overtime or hopes of advancement.  Your boss will ask you to complete menial tasks for her during the day, which include errands and hand-feed...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Foxcroft Charlotte NC Open House 2027 Sharon Lane Charlotte NC Foxcroft - Public Open House - Sunday March 14, 2010 - 1:00 -3:00.  Take the tour today of our new vintage, Foxcroft 1930’s era traditional home.  This timeless traditional home as been beautifully renovated to the 2000’s era by the design of Jeanine C. DeVaney, ASID.  Open floorplan with columns and archways that beckon guests to the enormous kitchen/breakfast area overlooking gorgeous backyard.  The kitchen features oversized granite island with coffered ceiling and top of the line stainless steel appliances including SubZero refrigerator, Thermador 5-burner gas range and double ovens with Bosch dishwasher. Extensive millwork throughout, HARDWOODS throughout!  AMAZING master suite with large sitting area, fabulous bath and...
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