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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 Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
Located right in the heart of Ballantyne in Charlotte NC, Stonecrest shopping center offers a classy shopping experience that is accessible every day.  A practical shopping center that is comfortable to visit everyday to pick up a loaf of bread and a couple of chicken breasts for dinner at the local Harris Teeter.  The Target at Stonecrest has everything else you might need everyday.  Qdoba, Wendy's and Chic-fil-a offer a quick bite if you're in a hurry.  Where Stonecrest shines are its restaurants and shopping options for the weekend all within easy reach of Piper Glen and Ballantyne.  Jordanos offers premium clothing, the Jewel Box offers the best in stunning jewelry, watches and fragrances.  Miro Spanish Grill and Firebirds Wood Fired Grill offer a fine dining experience a couple blo...
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By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
Although baseball season has come to a close, the Charlotte Knights minor league baseball team has been entertaining Charlotte area residents for years. The Knights are Tripple A team that are a farm team for the Chicago White Sox and are absolutely a great part of charlotte's history.  They are worth learning about if you are interested in Charlotte NC real estate or real estate in Charlotte NC's suburbs. The Knights team were founded in 1901 and have won numberous championships over the years. They used to play in a stadium in Charlotte's South End neighborhood until an arsonist destroyed the stadium.  The Knights' kingdom is now in South Carolina near Fort Mill, Lake Wylie, and Rock Hill.  It is within easy reach of Pineville, Ballantyne, and Matthews.  In 2005, the Charlotte Center ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte NC--A Financial Powerhouse Charlotte NC--A Financial Powerhouse Charlotte NC  is renowned for its vibrant banking sector.  With more than $2 trillion in assets, it is the second largest financial center in the nation, behind only New York.  By comparison, Atlanta has assets of only $183 billion and Miami $0.8 billion. One of the nation’s largest banks, Bank of America (and THE largest mortgage lending institution) is headquartered here. In total, 20 banks with more than 229 local branches, as well as a Federal Reserve Branch, are located in Charlotte. Charlotte banks provide a wealth of services to commercial and individual customers and are leaders in the financial services industry.  Businesses have many options when dealing with firms ranging from large bank holding compan...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte NC--Helping Hands in the Community Charlotte's Race Playce and Volunteerism I am proud to say that my Rotary club participated in the building of an 11,000+ square-foot NASCAR-themed adventureland for the disabled this month. The playground had its official opening this week and it is truly a sight to behold.   The playground was built by 3,700+ volunteers with varying skill levels! 3,700+!  Now that's a powerful number of volunteers who came out and worked countless hours to help build the community!  The Mecklenburg County Parks & Recreation was granted $400,000 to complete the project.  This is part of our group (right) and our international exchange student who posed before we got down to the fun part! By using plans designed by children with disabilities, Race Playce (ri...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte NC Real Estate Market Report OCT 2008 Charlotte North Carolina Real Estate Market Report OCT 2008 Charlotte North Carolina real estate IS selling and the numbers below reflect that!  Based on data obtained from CMLS, Charlotte's numbers are down from last year but, as you can see, over 5,600 properties have buyers attached to them--either contingent upon the sale of their home (197), conditional upon loan or inspection approval (446), pending Closure (3,080) or Closed home sales (1,947).   That's 5,600 buyers out there RIGHT NOW, this month in Charlotte NC!  In my opinion (and I'm practicing what I preach), a real estate investment is the best investment that one can make at this time.   Here are the numbers from last year this time (chart to the right). 2,662 properties sold...
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By Mark & Lisa Ramsey
(Keller Williams Realty)
  With all the financial issues currently going on in the United States and now in the world I wanted to update you with what we know about the real estate market in Charlotte, NC.  We are studying the financial situation on a regular basis.  While we used to monitor it weekly recently it has become a daily event.  We want to know as quickly as possible any changes that are affecting the housing situation so that we can let our clients know as well.  As you know, the current stock market condition along with the lending crisis has created conditions in the real estate market that haven't been seen since the 1930s.  Even the conditions in the early 1980s didn't have the effect we are experiencing today.  The big question on everyone's mind is, 'when will the real estate market pick back ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte NC Profile 2008 Charlotte NC Profile 2008 Despite the economic downturn, businesses and individuals alike are attracted to the thriving Charlotte region. Economic and commercial growth continues and Charlotte has all the advantages of one of the most rapidly growing metropolitan areas in the nation. Charlotte's residents are warm, friendly and in many areas the small-town flavor remains.  Located in the Piedmont region of the Carolinas, Charlotte is only two hours east of the Appalachian Mountains and three hours west of the Atlantic Ocean. New York City is 631 miles to the northeast and Atlanta is 256 miles to the southwest.  Charlotte is virtually the 'center' of the Southeast. Charlotte Demographics & Economic Profile & 10-Year Projection      2008 2018   City   695,995 98...
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By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
So you're a dog lover, and you're looking for a place to take your dog.  Charlotte NC is a great place for dog lovers.  It has a plethora of dog parks and is even opening a new one uptown to serve the Charlotte area resident who likes to take their dog off leash. Frasier Park is the new park in uptown Charlotte which serves close in neighborhoods like Myers Park, Dilworth, Chantilly, and Elizabeth.  It is 1.3 acres and even has a water supply for those hot summer days when your dog needs a drink.  It even has separate areas for large and small dogs. Ray's Fetching Meadow is another option for East Charlotte residents.  Located on Monroe Road, at McAlpine Creek Park, the fenced in off leash section for dogs is about an acre.  But the park itself is massive.  If you can stand to keep your...
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By Sandy McAlpine, Search Lake Norman Homes For Sale - Lake Norman NC
(RE/MAX EXECUTIVE)
The Thanksgiving Morning Southpark 8k Turkey Trot (celebrating it's 20th year), which is "a do not miss" Holiday Tradition, and will have over 4000 runners and walkers. The races will be an 8k run, a 5k walk, a Tot-Trot, and a 1 mile fun run/walk. It would be great to see many of you on Thanksgiving morning! I've run it for several years and I am sure many other Lake Norman area folks make the treck down to Charlotte South Park area for the race as well. It's only about a 30 minute drive and you can be back home and eating turkey before noon!    Over 35 states are represented! I will be there with my friend Willow so if you are interested in meeting us down there, then give me a shout! p.s. we run about a 10:30 pace.   The Bojangles on Morrison Blvd is the location for packet pick-up Pr...
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By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
Unfortunately, Charlotte, NC just isn't very scary.  There aren't many two hundred year old homes in disrepair.  Real estate is too valuable in the Charlotte NC area to abandon a place.  Its industrial history in textiles means that most of the industrial buildings were warehouses used to store cotton or tobacco.  Many of them have been converted into trendy lofts in neighborhoods like South End, NoDa, and Dilworth.  So, there's not much scary about Charlotte NC real estate.  But that doesn't mean you can't have fun with Halloween here.  There's plenty to do for all ages. If you're a young professional or young person, check out some of the downtown clubs and bars.  Most of them host a Halloween party with drink specials and tons of partiers.  The Charlotte Observer, Charlotte's local n...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
CHARLOTTE NC SPIRIT SQUARE Charlotte NC--Spirit Square Erected in the early 1900’s, First Baptist Church was designed by J.M. McMichael of Harrisburg, PA.  The central element of the structure (which has no steeple) is the Byzantine dome, similar to New York City’s Madison Square Presbyterian Church.  Church goers marveled at the stained glass windows, just as you will.  Vinton Liddell in honor of his father, W. J. F. Liddell, donated one window on the south side of the sanctuary. Originally doubtful that the acoustics could ever be sufficient for even being able to hear a sermon in the church, but the acoustics did work!  The sound of the music was glorious and the sermons reverberated like music to the ear.  In 1975, the old building was destined for destruction.  A local  chairwoman...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte NC Restaurant-131 Main Charlotte NC Restaurant Review: 131 Main 131 Main, the centerpiece of the main street running through historic Dilworth, East Boulevard, is one of the newest restaurant additions to the 'neighborhood.'  This is one of my personal favorites! Now there are THREE 131 Main Restaurants in our area!   131 Main's claim to fame is the 'fresh' food and inviting atmosphere!  What a great setting to meet your friends, business associates or enjoy Sunday brunch with the family.  The atomosphers is welcoming and the unique offerings will soon become one of YOUR favorites as well. For starters, you MUST try the cast iron cornbread--it's better than grandma's!  The blue cheese wedge is to-die-for, then if there's room, the slow roasted prime rib simply melts in your m...
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By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
Concord and North Charlotte is one of the fastest growing areas in the city. With easy access to uptown Charlotte and I-77 and I-85, the mall has appeal to residents of not only charlotte, but surrounding communities to the north and east like Davidson, Kannapolis, Cornelius, Gastonia, Huntersville and Denver.  One of the biggest and most important attractions to the area has been Concord Mills Mall.  Concord Mills is a mega mall that houses a mix of entertainment retail and outlet stores.  It includes a 24 screen movie theater and a Bass Pro Shops - the only one in North Carolina. It has become the most visited tourist attractions in North Carolina with more than 17 million people visiting.  The mall has over a million square feet of retail floor space.  The mall has brought jobs and i...
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By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
One of the best deals for the money is the minor league hockey team in Charlotte NC, the Charlotte Checkers.  The hockey team used to play at Independence Arena, the first arena in Charlotte that was located on the East side of Charlotte that was easily accessable by Independence Boulevard from Indian Trail and Waxhaw real estate. They've moved uptown to the new Charlotte Bobcats arena which is closer to uptown real estate like Dilworth, Elizabeth, NoDa and South End.  The Checkers are fun, energetic and an economical night out.  Maybe you aren't into basketball or football. The Checkers are a draw for our many friends who have relocated to Charlotte from the north.  They're an education to our southern friends who don't understand that people actually play hockey outside in the north. ...
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By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
So far this year, the Carolina Panthers, the professional football franchise for Charlotte, NC, are at the top of the standings in their division.  The Panthers who play in uptown Charlotte at Bank of America Stadium, are 6-2 but have won all of their home games.  It's exciting for Charlotteans, and folks interested in Charlotte NC real estate, but more exciting for folks with tickets. The stadium is extremely acessible thanks to the new light rail line, which has proved popular among fans. Many fans skip the train and still choose to tailgate at one of the ample tailgating lots close to the stadium. It is close to uptown Charlotte and extremely close to neighborhoods like South End, Dilworth, and Myers Park. Last weeks game was close and ended in a dramatic fashion with a run by D'Ange...
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By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
With its warm climate and rolling hills that are great for building sand traps, Charlotte, NC Real Estate is a prime area for golfers, people who are poor golfers but watch the Golf cable channel, or folks who simply enjoy country club living.  There are a multitude of courses in Charlotte, such as Ballantyne, Quail Hollow and Myers Park, which offer country club living but are located convenient to uptown Charlotte. Charlottegolf courses have long been favorites of professionals and presidents alike.  President Clinton once came to play gold at Piper Glen in South Charlotte in the 1990s.  Quail Hollow Country Club is host to a PGA Tour tournament every year which uses their course designed by George Cobb. The course was modified by club member Arnold Palmer later. In recent years, it h...
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By Myrtle Beach South Carolina Marketing
(Myrtle-Beach.com)
Wealth Redistribution and Bail outs.  Obviously those of us who are in the Real Estate profession or in marketing the Real Estate profession are at the center of politics this Fall 2008. Polls indicate that Senator Obama has a commanding lead. Should he become President,  how will his policies affect our industry?   Will taxing small businesses and large corporations that make more than $250,000.00 in income help move the over supply that currently exists in our unsold product? Are Bank Bailouts, Insurance Bail outs, and Bank takeovers by our government good for our industry? I really would like your input here.  I will be marketing Myrtle Beach Real Estate products for our local area in 2009 and I have more questions right now than answers. 
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By Maria Ferreira
(Exit Realty South)
Should I short sale my property? This type of real estate transaction occurs when the lender agrees to discount the balance of a loan due to the borrower's financial hardship. It is almost never an option, but it is usually the result of a combination of events where the borrower needs to sale, the property's value is below the outstanding balance of the loan, and the seller is going through financial hardship, which leads to default on the loan. If you are in a situation where you need to short sale your home, this article can help you to have a basic idea of how to go through the process. Just have in mind that the purpose of a short sale is to prevent your property from foreclosure so in order to better negotiate with the lender, make sure you hire a good Realtor with an extensive sh...
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By Raine Spivey, Realtor
(REIGN REALTY)
They say this is a "Buyers market" right?  Well, where are all the Buyers?  Are they unable to obtain financing because the banks have tightened up their belts and are very selective in whom they loan money?  Or are they in their apartments watching CNBC and other media tell them this is the worst time to buy anything, and that their jobs will vanish in thin air tomorrow?  Or are they in some non-profit organization's program getting told to pay off debt of 10 years ago while they sit idle on a roster of Not-Quite-Ready-To-Purchase-A-Home-Now list to justify the non-profit's program is such to be taken seriously?  Well I've look in supermarkets, movie theatres, gyms, and other questionable locations in such for these buyers, only to find frightened, confused, misinformed individuals tha...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte NC Market Report 10/25/2008 Charlotte NC, Moving Homes! Incorporated in 1768 and named for the wife of King George III, Charlotte has constantly redeveloped herself, growing into the largest city in North Carolina. The Queen City, as it is nicknamed, has changed from an agrarian township to a gold town, textile center and banking giant. Now, Charlotte is the second largest banking center in the United States of America behind New York City, New York.Visitors to the city are treated to historical attractions as well as a vast and varied range of events and recreational activities. Charlotte is ideally located to take in the wonders of North Carolina, as it is a three-hour drive from the Atlantic beaches and only two hours from the Blue Ridge Mountains.   With the economic chan...
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