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Charlotte, NC Real Estate News

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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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Are you considering Charlotte for your next move? This city often grabs attention with its Southern charm and urban zest. Charlotte doesn't only make news. It defines it. It certainly stands out with a real estate scene as vibrant as its skyline!I've experienced Charlotte's exciting real estate momentum firsthand. And I'm here to share all the insider details you want.Are you thinking of making Charlotte your forever abode? Scouting for investment opportunities? Curious about the trends? Read on!Hi, I'm Nancy Braun. I decided to trade the hustle of New York for the charm of North Carolina over two decades ago. The vibes and the warm welcome here just clicked! According to NC Realtors, North Carolina is one of the top 5 destinations in the entire US. Whether for a vacation or a permanent...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Are you planning to move to Charlotte, NC, soon but need to know which neighborhood suits your lifestyle? As a reliable real estate agent, I understand that selecting a location to live in is difficult.  Charlotte’s neighborhood has its own unique appeal. But let me tell you, there is no one “best” neighborhood in Charlotte, NC, as it solely depends on your taste and preferences.  Each neighborhood offers unique attributes, whether you’re looking for an urban or suburban setting, lively or peaceful. In this article, I’ll provide you the top communities in Charlotte, NC, to help you make an informed decision. Is Moving to Charlotte, NC a Good Idea?As a real estate agent, I have helped many clients transition smoothly to Charlotte. Here are a few reasons why Charlotte is the smart choice ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Beverly Crest Market Report - JAN 2024Beverly Crest remains one of the top selling communities in South Charlotte and once you tour this lovely community, you'll see why! From the location, north of Highway 51/Pineville-Matthews Road, to the top-ranked school assignments, this community truly has it all. Community amenities include winding sidewalks throughout the community, a community clubhouse, pond, tennis court, pool & recreation area.  Contact us for more information on this popular South Charlotte neighborhood - Call or text (704) 491-3310 or email SavvyBroker@me.com    December, 2023 Sales Data is in and is as follows: Average Sales prices are $607,204.Average Days on the Market - 8Average list-to-sales price ratio - 100.5% There is a 0.2 Month Supply of Inventory in Beverly Cre...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Popular SouthPark Neighborhood Market Update JAN 2024  - Barclay Downs Barclay Downs - A SouthPark Community - Market Report OCT 2023 How's the Market in Barclay Downs? BARCLAY DOWNS SOUTHPARK CHARLOTTE:  SouthPark, once part of a 3,000-acre farm owned by N.C. Gov. Cameron Morrison, that has since been transformed into one of North Carolina’s most esteemed and successful live/work communities. It contains one of the most popular neighborhoods in Charlotte - Barclay Downs. Neighbors include SouthPark Mall, The Colony, Piedmont Row and more. Barclay Downs features several award winning public schools, a regional library, and plenty of general and specialty retail shopping.Barclay Down’s livability score is 68 – ranked #68 in Charlotte and #63 in North Carolina. Ranked A+ for amenities clo...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Expert guidance is essential when navigating a short sale. You need someone with a deep experience in the local real estate market. I’ve gathered a list of 15 questions to ensure a successful short sale.  But before we dive in, let’s start by clarifying what exactly a short sale is. Once you’re familiar with the basics, we’ve got a list of questions that can help you achieve short sale success.  Let’s get started!  What is a Short Sale in Charlotte, NC? A short sale in Charlotte, NC, refers to selling your home for less than what you owe on your mortgage. This can happen if you deal with financial struggles like job loss or medical bills.  A short sale helps you avoid foreclosure, which can hurt your credit score.  Initiating a short sale requires the help of a qualified real estate age...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Ballantyne Meadows: A Market Update - JAN 2024 📣 Looking for your dream home in Charlotte's Ballantyne area?  Don't miss this gem of a neighborhood! Nestled in the heart of Ballantyne, this sought-after community built by Shea Homes offers spacious lots, top-notch schools and neighbors with whom you'll want to enjoy the neighborhood social activities!  OH, did we mention, Ballantyne Meadows is zoned for award-winning schools too? 🏆 And talk about location! You're just a hop, skip, and a jump away from all that Ballantyne has to offer — from scrumptious dining spots to quaint shops, golf courses and recreational areas. Plus, commuting is a breeze with quick access to the I-485 freeway. ⛳ Ballantyne Meadows is a rock solid community in the ever-vibrant, ever-popular Ballantyne area (Zip C...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Ballantyne (Charlotte NC) Real Estate Market Report - JAN 2024One of Charlotte's areas showing the most growth, the Ballantyne Charlotte NC area is appealing to those who want more square footage for the price, top ranked schools and close proximity to a thriving business center. Homes in Ballantyne range from affordable or luxurious townhomes to sprawling estates in Ballantyne Country Club, situated on the golf course.  The Ballantyne area is pristine, clean, upscale and features shopping, entertainment and the list of popular restaurants seems to be growing by the month! Here is the updated market report for the Ballantyne area of Charlotte, NC. The real estate market in one of the nation's most popular zip codes, 28277 (Ballantyne) continues to be a strong one and one most definitely...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Thinking of Selling? It’s Not Always About the Price…or Is It?I have agents phone me with each listing I have put up lately asking, “Besides price, what is important to your sellers or is it just the price?” For sellers, that’s something you will want to take into consideration - what IS important to you? Understanding your primary motivation for selling can greatly streamline your approach and help you achieve your objectives more effectively.Is a quick sale important to you? Attaining the highest possible price might not be the top priority. For some, it’s leaving major personal items and others, not leaving anything behind is their sticking point. Just because a swift move is important to you doesn't mean you can't also get a great price. For you, an expedited Closing time may just t...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Zip Code 28203 Market Report JAN 2024Included in one of North Carolina’s hottest zip codes (28203), the Dilworth, Wilmore, Sedgefield, South End neighborhoods remain hot with very little inventory on the market.  All price ranges are entertaining multiple Offers and even more so, if homes are staged well and marketed properly. Wilmore & Sedgefield continue to be the up-and-coming west side 28203 neighborhoods with lots of new construction and renovation taking place on nearly every street. The location of the 28203 zip code simply can’t be beaten!Zip Code 28203 Market SnapshotClick the interactive chart below to track the historical data – average sales prices in ZIP CODE 28203.  The largest community within zip code 28203 is Dilworth.  Learn more about the Dilworth neighborhood. Here i...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
JAN 2024 Market Report for Zip Code 28277 Charlotte NC SFH (Single Family Homes)One of the nation's red hot zip codes is right here in Charlotte - 28277. This area's growth has been propelled by new construction, great shopping and dining in the area, easy access to the city, a popular country club community (Ballantyne Country Club), business growth throughout the area and top-rated schools.This 5-year report is updated weekly and data is directly from Canopy MLS.  Click the interactive graphs below if you are seeking more targeted data.  For more information, specific to your own home & neighborhood, contact us. We are happy to provide a more detailed comparative market analysis for you.Average Sales Price**This graphic is interactive so you can follow the monthly changes in our marke...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
The Sanctuary Market Report - JAN 2024The Sanctuary in the Audubon waterfront area is aptly named. Encompassing 1,300 acres of untouched woodland, it offers just 188 homesites amidst the vast expanse of nature. This luxury resort community by Lake Wylie was recognized by Forbes Magazine as one of the TOP 10 luxury living spaces! Its features are truly unmatched: a 17-acre waterfront amenity park, 3 swimming pools, 6 tennis courts, an extensive 20-mile walking trail system, an amphitheater, water sports such as kayaking and canoeing, boat slips, a pavilion, an exercise room, a cozy lodge area, and a playground. Simply put, it's breathtaking. Live like you’re always on vacation at The Sanctuary! Conveniently located, it's a short drive to I-485, Uptown, and Charlotte Douglas International...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Real Estate Market Snapshot The Gates at Quail Hollow |  JAN 2024 Located just off Park Road in South Charlotte, The Gates at Quail Hollow is a highly sought-after condo complex renowned for its unmatched convenience. Residents benefit from its close proximity to a plethora of amenities including popular restaurants, the SouthPark Mall, boutique stores, and easy access to major freeways and Uptown. Nestled within The Gates at Quail Hollow, residents find a tranquil and cozy environment. The structures ensure a serene ambiance, complemented by private patios and verdant spaces perfect for pet-lovers. On-site amenities enhance the living experience, featuring a Club House, Fitness Center, Hot Tub, Pool and Tennis Courts. Moreover, the community is managed by a dependable HOA with reasona...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Inside Summerlake (28226): Jan 2024 Property Insights    One of SouthPark's premier communities, Summerlake features 135 custom-built, elegant, traditional style homes. The homes in Summerlake range from 2,500 to 6,000+ square feet.  Some of Summerlake's lots overlook the community pond, some are situated on the walking trails and others have 'back door' access to Olde Providence Swim & Racquet Club*. This lovely neighborhood is situated in the heart of SouthPark, approximately 3 miles from Quail Hollow Country Club, nearby Carmel Country Club 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 this location, near SouthPark Mall and the mall's surrounding fabulous restaurants.  Summerlake resident...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte NC STONECROFT Market Report JAN 2024The area's most elite custom builders came together and created an exclusive, luxury South Charlotte neighborhood, preserving age-old trees and developing stunning streetscapes. A complimentary mixture of architecture within the 120 elegant estate homes in Stonecroft, overlooking Carmel Country Club, draws one into this wonderful community.Located in SouthPark, just minutes from Uptown and Charlotte Douglas International Airport, Stonecroft homeowners have fingertip access to everything that Charlotte has to offer. From the finest dining to cultural arts, professional sporting arenas to upscale shopping and schools to churches of all denominations, Stonecroft residents have ready-access!Property in Stonecroft will always be desirable and as ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Steele Creek (Charlotte, 28278) Market Report JAN 2024How is the real estate market in Steele Creek? This winter, Steele Creek continues in a sellers' market with a 1.6 month supply of homes. Inventory remains low and sellers are still commanding a solid sales price, just not an outrageous, over-the-top price - but, it is taking a tad bit longer on the market. Year-over-year, sales prices in Steele Creek neighborhoods have still risen, and continue to do so - just not at the unsustainable pace as during the past 3 years. Here's the market snapshot for Steele Creek (Current data - past 30 days): Average Sales Price in Steele Creek's 28278: Average Days on the Market in Zip Code 28278: List to Sales Price Ratio in Steele Creek (28278): Months Supply of Inventory on the Market in 28278 - S...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Snapshot: Zip Code 28211 - January 2024 Market Insights, Trends and Statistics Here’s a snapshot view of our January real estate market report in the ZIP code 28211, showcasing essential statistics that are integral for buyers and sellers alike.  The median list price stands at a robust $1.15 million, marking a modest, yet steady increase of 0.4% from the previous period spanning November to January. As is consistent with the 2023 market, the number of active listings has dipped slightly by 0.4%, with a total of 57 active properties.  Recent activity is noted with 6 new listings popping up in the past 5 days. There are also 4 properties currently being marketed as coming soon. Properties are spending a median of 79 days on the market (DOM) and an average of 111 DOM, which is a slight up...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
More About Charlotte's Cotswold Community The Cotswold neighborhood has an interesting history that reflects the growth and development of the city. Initially, the area known as Cotswold was, believe it or not, part of the outskirts of Charlotte and wasn't heavily developed until the mid-20th century.The name "Cotswold" derives from the Cotswolds in England, a region known for its charming rural landscape and traditional stone-built villages. This association reflects the neighborhood's aim to embody a sense of quaintness and charm.In the 1950s and 1960s, as Charlotte began to expand, Cotswold started to develop into a suburban area. This period saw the construction of many single-family homes, predominantly in ranch and split-level styles, which were popular at the time. The growth of ...
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