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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 Jon Gillman, Charlotte North Carolina Real Estate
(The Gillman Real Estate Group @ Keller Williams Realty)
I came across this article in the Realtor Magazine online & thought it might be helpful for people who are trying to decide if they should rent or buy.  I beleive right now is the best time to buy a new home in the Charlotte, NC market.  Our prices are stable, as compared to the rest of the country, and rates are still low.  I heard Tony DiCello talk the other day about interest rates, historically, they follow gas prices.  If that is so we are heading for an interest rate spike like we have not seen in a long time.  Some say you should wait until the prices go down even further before you buy, the problem with that is if rates start to rise you are going to pay more in a monthly payment for the less expensive home than you would for the home that is at its current price. Something to t...
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By Charlotte Home Loans Your Charlotte Mortgage Lender
  North Carolina Teachers deserve Special Treatment Announcing special mortgage loan financing program for North Carolina Teachers. My wife is a teacher, so I know first hand the stresses and under-appreciation NC teachers get. They do not get the support or credit they deserve. I may not be able to do a lot to correct that, but I will do my part. All summer long, I will be offering special mortgage options for North Carolina teachers. With great low mortgage rates and discounted closing costs, I want to help encourage NC teachers to buy a home or refinance their higher rate mortgages. Combine that with the Good Neighbor Next Door program that allows Teachers to buy homes for half price, this North Carolina teachers mortgage program can help our well deserving teachers and administrator...
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By Diane McDermott, Charlotte NC Real Estate Market
(Realtor®, GRI, Landis e2 Real Estate, LLC)
 Since real estate is local it's helpful to compare activity on a localized basis. When considering buying or selling a home, it doesn't matter what an area across town is doing as far as sales activity. The relevant sales are in the same neighborhood.  Madison Park is a neighborhood of single family homes located between South Blvd and Park Rd, convenient to Uptown Charlotte, the new Light rail line and just minutes from South Park. Homes were built in the 1950's and 1960's. View Larger Map  Madison Park Activity Report 5.12.08 Listing Price Range Active Listings Pending Listings Conditional/Contingent Listings Less than $200,000 3 3 1 $200,000-249,999 9 6  1 $250,000-299,999 16 1 4  $300,000-349,999 11 0 0 $350,000-399,999 1 0  0  Avg Days on Market 64 58  50  There is a wide variety ...
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By Timothy O'Brien
(Keller Williams Realty SouthPark)
Each year the Charlotte Observer publishes a special section called Living Here.  Living Here is a GREAT resource for anyone that may be thinking about moving to the Charlotte area or would just like to know what an amazing city Charlotte is.  To view Living Here online click on the following link and it will take you right to it. http://newspaperads.charlotte.com/SS/Page.aspx?ptype=SS_TILE&secid=34328&pagenum=1&facing=false
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
We've had many debates here in the 'Rain' about our advertising preferences.  The general concensus has been that we prefer online advertising as this seems to be generating more leads and sales than our 'old-school' print media--specifically newsprint. Following last week's announcement of The News & Observer's (Raleigh) decision to reduce the company's work force, The Charlotte Observer has declared this week that they are following suit.  Buyouts have been offered to an unspecified number of employees of The Charlotte Observer, according to an online announcement.  The reasons sited include soft advertising, cost of print and gas prices.  The McClatchy Company, the California-based owners of both newspapers, are a mere fraction of those businesses affected by the technology surge.  M...
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By Jon Gillman, Charlotte North Carolina Real Estate
(The Gillman Real Estate Group @ Keller Williams Realty)
Eastover Real EstateWe here at The Gillman Real Estate Group continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Eastover real estate statistic for the 1st week of May.New homes on the market: 7Number of homes pending: 0Number of homes closed(sold): 3Number of homes expiring: 1Avg Days on Market: 60 Avg Sales Price: $ 1,293,333To find the value of your home with a free, over-the-net home evaluation, please visit: www.CharlottePropertyValues.info If you would like a free list of homes for sale in this area/neighborhood, would like more information about Eastover or would like to be the first to know about hot new listings before other buyers do, then call or email me.   Jon C. GillmanThe Gillman Real Est...
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By Jon Gillman, Charlotte North Carolina Real Estate
(The Gillman Real Estate Group @ Keller Williams Realty)
Cotswold Real Estate:We here at The Gillman Real Estate Group continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Cotswold real estate statistic for the 1st week of May.New homes on the market: 14Number of homes pending: 2Number of homes closed(sold): 8Number of homes expiring: 2Avg Days on Market: ## 65 Avg Sales Price: $ 424,411To find the value of your home with a free, over-the-net home evaluation, please visit: www.CharlottePropertyValues.info  If you would like a free list of homes for sale in this area/neighborhood, would like more information about Cotswold or would like to be the first to know about hot new listings before other buyers do, then call or email me.Jon C. GillmanThe Gillman Real Es...
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By Jon Gillman, Charlotte North Carolina Real Estate
(The Gillman Real Estate Group @ Keller Williams Realty)
Dilworth Real Estate:We here at The Gillman Real Estate Group continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Dilworth real estate statistic for the 1st week of May.New homes on the market: 7 Number of homes pending: 1Number of homes closed (sold): 4Number of homes expiring: 4 Avg Days on Market: 98 Avg Sales Price: $783,250To find the value of your home with a free, over-the-net home evaluation, please visit:   www.CharlottePropertyValues.info  If you would like a free list of homes for sale in this area/neighborhood, would like more information about Dilworth or would like to be the first to know about hot new listings before other buyers do, then call or email me.Jon C. GillmanThe Gillman Real Es...
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By Jon Gillman, Charlotte North Carolina Real Estate
(The Gillman Real Estate Group @ Keller Williams Realty)
Myers Park Real EstateWe here at The Gillman Real Estate Group continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends.  Below you will find Myers Park real estate statistic for the 1st week of May.New homes on the market: 25Number of homes pending: 4 Number of homes closed (sold): 4Number of homes expiring: 7Avg Days on Market (sold): 115 Avg Sales Price: $637,750To find the value of your home with a free, over-the-net home evaluation, please visit: www.CharlottePropertyValues.info If you would like a free list of homes for sale in this area/neighborhood, would like more information about Myers Park or would like to be the first to know about hot new listings before other buyers do, then call or email me.Jon C. GillmanThe Gillm...
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By Jon Gillman, Charlotte North Carolina Real Estate
(The Gillman Real Estate Group @ Keller Williams Realty)
South Charlotte Real Estate We here at The Gillman Real Estate Group continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find South Charlotte real estate statistic for the 1st week of May, these statistics are for the entire area.  New homes active on the market: 333 Number of homes under contract: 75 Number of homes closed (sold): 97 Number of homes expiring: 60 Avg Days on Market (sold): 77 To find the value of your home with a free, over-the-net home evaluation, please visit: www.CharlottePropertyValues.info If you would like a free list of homes for sale in this area/neighborhood, would like more information about South Charlotte or would like to be the first to know about hot new listings before other bu...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte's longest serving mayor won North Carolina's Republican primary for governor Tuesday. Pat McCrory will face Lt. Governor. Beverly Perdue, Tuesday's Democratic primary winner, in the November election. Supported by Charlotte's top business leaders, Mayor McCrory received 46% of the North Carolina GOP vote, comfortably avoiding a runoff with state Senator, Fred Smith, who received 37% of the vote.  Salisbury attorney, Bill Graham received 9% and former state Supreme Court Justice, Bob Orr received 7%. Lt. Governor Perdue received 56% of the NC Democratic vote. State Treasurer, Richard Moore, received 40%. McCrory, recently elected to his 7th consecutive term as Charlotte's mayor, announced in January that he would vie for the state office of Governor, currently held by Democrat,...
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By Diane McDermott, Charlotte NC Real Estate Market
(Realtor®, GRI, Landis e2 Real Estate, LLC)
  Since real estate is local it's helpful to compare activity on a localized basis. When considering buying or selling a home, it doesn't matter what an area across town is doing as far as sales activity. The relevant sales are in the same neighborhood.  Olde Providence is located in the heart of South Charlotte, features mature trees, sidewalks, winding streets and single family homes. Styles include ranch, split level, and two story homes built in the 1960's and 1970's.Market Activity Report-Olde Providence 5.8.08Listing Price RangeActive ListingsPending ListingsConditional/Contingent Listings$200,000-249,999220$250,000-299,999700$300,000-349,999300$350,000-399,999100Avg Days on Market7592n/aApril 2008 Closed Listings, Olde ProvidenceNumber of Closed ListingsClosed Sales Price RangeAv...
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By Diane McDermott, Charlotte NC Real Estate Market
(Realtor®, GRI, Landis e2 Real Estate, LLC)
 The question really should be, is now a good time for you to buy? The answer won't be the same for everyone.  The popular question of the "right" time to buy is (in my opinion) way too vague and misapplied. There's no way that there's ever a right time for everyone to buy a house. People have different circumstances, goals, needs and situations that are unique to them. The answer to when the right time (if ever) to buy a house is personal, NOT generic. Some questions to ask yourself:                -How long do you plan on staying in this area?                -Are you ok with having the responsibility for home maintenance and repairs (no matter the age of the home, things will break and need attention)?                -If you're moving up, is your current home listed and what equity wi...
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By Keith Lutz
(Keller Williams Metropolitan)
Charlotte Real Estate gets a little Greener!Just think, instead of going out for a picnic at lunch, if you work at the Federal Reserve Bank (of Richmond) in Charlotte at the corner of Trade and Caldwell street, you will be heading to the roof!The $1.87 million renovation project has been in the making since mid 2006, when the Feds discovered severe deterioration in the seems of the roof.  Both traditional and envionmental roof repair were bid out.  But the higher cost was justifed because of the 6% - 8% annual energy savings and the clean water runoff that is produced. There are 48,000 square feet of plant life and rock/soil that will cover the 72,000 sq. foot roof!  The idea is the plants will grow and re-seed, they will within two years cover the area and can absorb at least an inch o...
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By Dante Mazyck, Fast Cash House Buyer
(Sell my House Fast)
Most people want to believe that the real estate Market in Charlotte, North Carolina is the most stable market.  In fact this type of thinking is why the market is declining in certain areas. Some neighborhoods are almost vacant, and these homes were built between 2000 and 2005.  These neighborhoods are nearly abandoned by living occupants as well as property owners.  The mess has gotten so far out of hand the Mayor of Charlotte Pat McCrory visited these neighborhoods personally and threatened to tear those houses down and fine the landlords heavily since the areas are driving crime stats out the roof.Most people that consider selling their homes or real estate investments in Charlotte need to do so with great care, because if they don't they will not get the results that are being prom...
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By Geoffrey Lamb
(Short Sale Carolina)
Pre-foreclosures are on the rise, as are the rest of those types of properties that exist as a result of unethical lending practices and new homes sales techniques. We listed 7 new pre-foreclosure short sales just last week and I hear it every single day from some new distressed homeowner. How they paid 10% too much for their home because the new home builder told them it'd be a great investment or their loan adjusted to 12% making monthly payments impossible. We do have a problem with Short Sales but it's not the agents who are helping these people out of a bad situation who are at fault, it's those people who got them there in the first place. Sure we can say that personal responsibility would help to prevent someone's home from becoming a pre-foreclosure but the truth is, many people...
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By John H. Sloan, John H Sloan NOW with Live Well Homes!
(Live Well Homes, LLC)
Mint Hill Luxury Homes-Charlotte Metro Buyer and Sellers Rep   Welcome to Mint Hill Luxury Homes, your source for Mint Hill And the Charlotte Metro real estate.Thank you SO much for visiting http://activerain.com/action/blogs_admin/, the most comprehensive web site for Real Estate clients who are in the market for either Selling or Purchasing a new home in the Charlotte Metro area. I do not want you to think this is another "generic" web site, because it is not. Enclosed you will find invaluable resources to make your next purchase as seamless as possible.  I work with many professionals in the Real Estate field, such as Mortgage Brokers, Home Inspectors, and Real Estate Attorneys. With my attention to detail and knowledge, your home buying dream can come true!I view many web sites, in ...
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By Charlotte Home Loans Your Charlotte Mortgage Lender
So you're getting money back from Uncle Same to spend. And yes, the idea is to spend it!While I think its a great idea to save the money or at least pay off some debt with it, the fact of the matter is that most American's do not save. We spend. That's why the government is so sure you will use it to get the economy going.So how do you spend while saving? Look for ways to spend the money that will provide returns in savings. One example... replacing a worn out storm door. The newer ones are more energy efficent and can help save you money.Want more ideas... Check out Spend and Save_______________________________________This idea brought to you by Ed Nailor, Mortgage Lender in Charlotte NC
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By Geoffrey Lamb
(Short Sale Carolina)
Wow, I knew keeping up this Charlotte homes for sale blog would be hard to impossible and I was right. I think its been a long time since my last post about Charlotte NC real estate but I'm going to try harder. I may even have to pay someone to do it for me but I'm sick of bouncing around in the rankings. My site, www.lambrealtors.com was #6 at Yahoo for Charlotte NC Real Estate and overnight it dropped off the top 100. What the hell? I didn't really make any changes to the content of the site, just the flash header but now, they don't like me anymore. Still have all the same information about homes for sale in Charlotte NC, just not the same rank. We'll fix it but it has to start with more blogging, they all seem to like them a lot. Anyway, more to come!
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
 Providence Springs continues to be one of the hottest South Charlotte neighborhoods!  Sales continue to be steady in this highly sought-after area.  We currently have 10 homes on the market with 2 pending Close.  If you're in the market to sell your home in Providence Springs, contact me, your neighborhood 'expert' for up-to-date statistics and for any information you may need on this gorgeous Charlotte neighborhood!   Sold - 13 Properties 05/01/2006 - 05/01/2007 Square FeetBedroomsFull BathsHalf BathsList PriceSale PriceDays On MarketMin3477430$ 563,000$ 545,0002Avg4004430$ 678,461$ 667,29644Max4760642$ 799,000$ 781,00013498% List to Sales price and 44 average days on the market for May 1, 2006 - May 1, 2007Sold - 17 Properties  05/01/2007 - 05/01/2008 Square FeetBedroomsFull BathsHal...
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