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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 Brandon Farmer, Keller Williams Realty Huntersville, NC
There are some great deals in Charlotte, NC and many of them can be found in what is known as The Arts District or NODA (short for North Davidson).  This area is filled with smaller homes (1000-2500 sq), many of which have been remodeled or turned into larger bungalow style homes.  There are a few very nice homes that are under the pressure of a short sale and soon will be looking in the eye of foreclosure.  For buyers in the $200K-$300K range, I would strongly suggest looking at some homes in this area.  Builders were buying up streets of smaller homes in hopes to build larger bungalows or to build some large additions to the current homes.  The idea was that this area would soon be very much like the Dilworth neighborhood.  Many of the streets in The Arts District reveal the same styl...
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By Libby Offnick, ABR, e-PRO, SPS
(RE/MAX Executive Realty)
Charlotte is fortunate to receive many accolades throughout the year. Here is a listing of some of the top rankings received over the past two years. #1 Best Place to Live; Relocate-America.com, May 2008. Based on community consistency and number of nominations received. READ MORE #1 Best City for Black Families; BET Magazine February 2008. Deciding factors included overall population, the number of Black residents, income, home ownership, unemployment, poverty rates, single-parent homes, education levels, illiteracy, crime rates, per-pupil spending, in-state college tuition costs, teen pregnancy rates, AIDS rates, infant mortality, low birthweight, home values, cost of living and Black-owned businesses. #1 Most Educated Workforce; Business Facilities, The Location Advisors July 2007. ...
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By Melissa Polce, Lake to Land, I've Got It Covered!
(ERA, Wilkinson Real Estate Charlotte)
 Most sellers know of some repairs that need to be made to their home, and a lot of sellers have many items on that list, but not all repairs are equal or, rather, not all home improvements rank high in the buyer's mind. Finding out which repairs will help you sell your home helps you create a good, solid fix-it list to work on. A study produced by HomeGain aimed to take the guess-work out of where to spend your repair dollars. According to the study, the top four areas to focus on are: clean and de-clutter (see last week's article: Clutter-Free Helps Sell Homes), lighten and brighten, stage the home for sale, and landscape the front/back yards. The Return on Investment (ROI) depends on the repair and, in some cases, which part of the country you live in. "In some areas of the country ...
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By Mark & Lisa Ramsey
(Keller Williams Realty)
With so many people on the brink of foreclosure there are scammers waiting to pounce!  The most important thing to remember is HELP IS FREE!  Do NOT pay for any foreclosure rescue program!  There are safe places to get help where you don't pay anything. Visit this site for Free help to Avoid Foreclosure Rescue Scams There are plenty of alternatives to Foreclosure.  The Ramsey Group website has a special area dedicated to the Alternatives to Foreclosure.  You can also find free Help with Loan Modifications or Refincing options.  Contact The Ramsey Group for help with all Charlotte Metro area foreclosure questions: 704-236-9780.
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
A New Form Of Identity Theft--Agents and Consumers BEWARE of Craigslist Scam PLEASE:   RE-BLOG to spread the WORD! I post all of my listings on Craigslist from my website, among many other sites.  I began receiving calls about my 'rental' that was on Craigslist.  It was regarding a brand new listing that was posted there and the home was NEVER listed for rent and won't be--it is strictly FOR SALE.  Several callers had seen 'my ad' for $800/month rent with a $400. security deposit and wondered if they could see the home!  They find my number when they drive by the home for sale, grabbing it off of the sign.   I finally was able to get one of the callers to email me the information that the 'other' Debe Maxwell had sent her and the DebeMaxwell06@gmail.com that was being used for correspon...
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By Mark & Lisa Ramsey
(Keller Williams Realty)
Who do the media go to for the latest information about the Charlotte Real Estate Market?  The Ramsey Group of course! In an early April 2009 news report WBTV news chose The Ramsey Group to get the latest up to date information about the real estate market in Charlotte, North Carolina.  In a news story to learn how the movements by the Federal Reserve have affected the real estate market The Ramsey Group was interviewed.  This news piece explains how home owners and potential homeowners are acting on the low mortgage interest rates and low housing prices.  This perspective from one of Charlotte's top real estate teams, The Ramsey Group, sheds light on the subject everyone is talking about, the housing market. Here's the piece from WBTV news where The Ramsey Group explains the Charlotte ...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
  Times are tough. Rent seems harder to pay and the tax man keeps eating your lunch. Fortunately, you have the anticipation of your tax rebate coming. But getting ahead seems unattainable for now. This tale may be too familiar to many. But one thing that can help forward momentum, is for you to stop the tax man from eating your lunch. Mortgage interest deduction is a key part. Not only can you deduct all of your mortgage interest, But now you can get an additional TAX CREDIT of $8,000. This is truly a significant way to begin your road  toward getting ahead. Let's look at some general numbers. Suppose your rent is $900 / month, and assuming it is affordable, we will assume your mortgage payment would be close to this amount $900 x 12 months = $10,800 ...As mortgage interest is the bulk ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Providence Springs Charlotte NC - SOLD in 19 days!Location: Providence Springs**SOLD IN 19 DAYS!!**Location, Location, LUXURY! Grande foyer beckons you to this beautiful, warm, open home with bright, oversized formals and amazing entertainment areas. Huge upstairs loft and office areas, large bedrooms and baths with custom tile work. This home boasts amazing millwork throughout with hardwoods on main level and new carpets upstairs; FP with gas logs, central vac, surround sound and whole-house humidifier, gas cook top island, double ovens and many more amenities in this gorgeous home on over 1/2 acre lot.InformationContact Information Debe Maxwell704.491.3310Contact Reply FormForward to a FriendView Other FlyersPricingPrice: $639,000.00Flexibility: NegotiableAdditional Pricing Informatio...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
They had pets. Note to self: Remind sellers to Bug bomb their house after moving out. Based on The Charlotte MLS(tm) data, the house had been vacant for quite a few weeks. Fresh meat walked into the house as I began showing my clients. Unknowingly, the little buggers were there and lastly hungry. Conversation ran positive on the layout and good vibes were being emitted from my clients. Then the little dinks from the happy crowd below began to occur. Positive turned quickly to negative. We had entered into a flea circus. Needless to say it was time to exit -  stage left. Upon getting to the car, I urged my clients to allow me to literally brush them off. (this is a rare occurrence for me) Apologetically, and embarrassed, I recommended a good vet before their trip home. Note to self: I wi...
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By Chuck Webb
(Wilkinson & Associates)
The Obama Administration has unveiled a Web site to assist homeowners in determining whether they are eligible for help with their current mortgages. This comes, as loan servicers determine how to implement the President 's foreclosure prevention plan. The new help for American's homeowners web site can be found at MakingHomeAffordable.gov. The administration's new Web site helps homeowners determine whether they might qualify for either a loan modification or refinancing. It also provides links to finding government-approved housing counselors and warns people to avoid foreclosure rescue scams. Borrowers can answer a set of questions to learn whether they could benefit from either the Obama modification or refinancing programs. The loan modification interactive tool, for instance, asks...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Home prices here are near or at the bottom. And they are ripe for the picking. Investors are snatching up bargains here in Charlotte as they fall from the tree. They are happening in your town too. Why let investors have all the goodies. All areas here have bargains to be found. From Lake Norman to Lake Wylie, Huntersville to Ballantyne, and Fort Mill to Matthews. Additionally the Uptown and NODA bargains are increasingly available. So you want a Myers Park Bargain? Well they are here too. But a couple of secrets... You need a PRE-AUTHORIZATION not a "pre qualification" letter from your lender to be a serious contender in this hunt. Times have changed and so has the lending. Pre-authorization is the ticket, like a credit limit stating how much you can borrow, A "pre-qualification letter...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Look I don't really know where this money is coming from, For sure taxpayers. But who cares ? Even if its monopoly money, it spends like greenbacks and it's available in a credit for first time home buyers. So anyone , Anywhere, and hopefully here in Charlotte, who is thinking of buying a home for the first time, Get it now so you can get your FREE money. It's $8,000. It's available in the form of a credit toward your tax liability. The stipulations are pretty straight foward. If you are single and make less than $75K you get $8K. If you are married and file jointly and make less than $150K you get $8k. If you owe less on your taxes than $8k, Uncle Sam will send you a check for the difference. If you had taxes taken out in payroll deductions and are getting a refund, you get a check for...
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By Tom Palmer
(Terra Vista Realty)
Deering Oaks neighborhood is located in the heart of Myers Park offering gorgeous homes on beauitful estate lots, access to the top schools in Mecklenburg County and a short walk to Myers Park Country Club. to see Deering Oaks real estate currently for sale in Charlotte. Homes in this subdivision tend to range from $927,000 to $1,950,000. Therefore, with Terra Vista Realty’s 1.5% cash rebate, we can pay you from about $13,900 to $29,300 to buy a house in Deering Oaks through us. Houses in this neighborhood generally range from about 2600 to 6700 square feet. Below is additional information on Deering Oaks in Mecklenburg County, North Carolina... Approximate Lot Sizes: 0.37 - 1.61 acresBuilders: Dorsett Builders, The Colville Co.Home Styles: Cape Cod, Contemporary, Georgian, TraditionalK...
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By Tom Palmer
(Terra Vista Realty)
Still considered one of the most desirable areas of Charlotte, Ballantyne offers homeowners good schools, a great YMCA and many options for dining and shopping. to see Ballantyne Meadows real estate currently for sale in Charlotte. Homes in this subdivision tend to range from $200,000 to $350,000. Therefore, with Terra Vista Realty’s 1.5% cash rebate, we can pay you from about $3,000 to $5,300 to buy a house in Ballantyne Meadowsthrough us. Houses in this neighborhood generally range from about 1300 to 3700 square feet. Below is additional information on Ballantyne Meadows in Mecklenburg County, North Carolina... Neighborhood Amenities: PlaygroundApproximate Lot Sizes: 0.013 - 0.4719 acresBuilders:Alluring Homes, Inc., Bill Barry, Bill Berris, Bill Berry, Peach Tree Builders, Saussy Bur...
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By Tom Palmer
(Terra Vista Realty)
The Applegate subdivision, with easy access to 485, offers nice neighborhood amenities and nearby shopping and dining. to see Applegate real estate currently for sale in Charlotte. Homes in this subdivision tend to range from $170,000 to $273,000. Therefore, with Terra Vista Realty’s 1.5% cash rebate, we can pay you from about $2,600 to $4,100 to buy a house in Applegate through us. Houses in this neighborhood generally range from about 1800 to 3600 square feet. Below is additional information on Applegate in Mecklenburg County, North Carolina... Neighborhood Amenities: Club House,Playground,PoolApproximate Lot Sizes: 0.124 - 0.29 acresBuilders: Arden Homebuilders, Holt Family Homes, M/I HomesHome Styles: Bungalow, Colonial, Contemporary, French Provincial, Traditional, TransitionalKey ...
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Nice lots, neighborhood amenities and a convenient location make The Villages of Leacroft a great choice for families. to see The Villages Of Leacroft real estate currently for sale in Charlotte. Homes in this subdivision tend to range from $146,000 to $245,000. Therefore, with Terra Vista Realty’s 1.5% cash rebate, we can pay you from about $2,200 to $3,700 to buy a house in The Villages Of Leacroft through us. Houses in this neighborhood generally range from about 1500 to 3900 square feet. Below is additional information on The Villages Of Leacroft in Mecklenburg County, North Carolina... Neighborhood Amenities: Playground,Pool,Tennis CourtsApproximate Lot Sizes: 0.219 - 0.66 acresBuilders: Centex HomesHome Styles: Traditional, TransitionalKey Roads: Highcroft LN, Worsley LN, Old Brid...
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By Mark & Lisa Ramsey
(Keller Williams Realty)
The first quarter of 2009 is in the books and several major metropolitan areas are showing sign of stability in real estate prices.  Charlotte North Carolina is one of those areas.  Specifically, Charlotte real estate prices rank ninth most stable according to the PMI Mortgage Insurance Company Economic and Real Estate Trends Report. This ranking is factored from several indicators that are used together to create an understanding of the market stability for each area.  Visit the Charlotte Business Journal to learn more about the Charlotte Real Estate Price Stabilization.  Visit The Ramsey Group at Your Charlotte Connection to find out what your home is worth in Charlotte, North Carolina or to search all the homes listed in Charlotte, North Carolina.
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
You win when you choose a solid agent to represent you. You win because with your new found protagonist, you will have a better footing concerning caveat emptor ( buyer beware). Your agency keeps your interests at front (not the rear). You win because you are represented by a professional. Not a friend or family member's advice (unless they are a Realtor). But you mainly win because you made a conscience decision that you would not do this alone. Face it, without professional representation you risk more than you know. Here in Charlotte , as in all cities and towns, great clients are drawn to great agents. You may not count yourself as great...but we will. We are here to be the Guide, the sounding board, and the helpful adviser. Winning, simply put, has no surprises. It is the culminati...
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By Mark & Lisa Ramsey
(Keller Williams Realty)
Watching the North Charlotte Real Estate Market - The Ramsey Group At The Ramsey Group we strive to watch the north Charlotte real estate market closely.  One indicator of the strength of the real estate market is the current unemployment rates in the area.  This information is released by the local government on a monthly basis.  the Ramsey Group uses this information to help our clients know what to expect from the real estate market. Charlotte Mecklenburg Unemployment The unemployment numbers for Charlotte Mecklenburg are in for February 2009.  They show Charlotte at 10.6% unemployment for February of 2009.  This, compared to the same period last year is a 1.1% increase. Surrounding Area Unemployment Rates To learn more about the Mecklenburg and surrounding counties unemployment rate...
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By Brandon Farmer, Keller Williams Realty Huntersville, NC
Wow...there are some real deals and some real busts in the foreclosure market.  I have viewed about 10-15 foreclosures in the last 3 weeks and every one of them was interesting and had its' own story.  Most of the story is told by the black mold, torn wallpaper, busted windows, broken cabinets and missing AC units.  One was even covered with what could only be explained as bullet holes.  Okay, I must say, none of these homes were listed for more than $100,000 so you can begin to imagine the setting.  There were a few properties that had great potential.  With a little cosmetic work and several weekends of hard work and sweat, one could probably make a good investment by buying these properties.  Always check the foundation for cracks.  If your investor is going to finance the property, ...
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