Special offer

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...
Comments 2
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...
Comments 0
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...
Comments 0
By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
...March Madness, that is!  With the CIAA and the ACC Tournaments under our belts for 2008, we're geared up and ready to host the 2008 East Regional Tournament right here in Charlotte on March 27 - 29!  The NCAA Tournament is stopping by Charlotte, NC for the East Regionals of the tournament!We look forward to welcoming fans to the NCAA Tournament Sweet 16 and the Elite 8!  The winners of the first two rounds of the East Regional bracket will meet in the new Charlotte Bobcats Arena.  Charlotte is one of only four cities in the Nation that will host the Regional round of the 2008 NCAA Men's Basketball Tournament and we're ready to go! In the regional round of play, the games are broken down into 3 different "sessions." Session 1 consists of 2 games played back-to back on Thursday 3/27/08...
Comments 2
By Charlotte Home Loans Your Charlotte Mortgage Lender
FHA Underwriting Taking LongerTraditionally, you could put 30 days on a sales contract and have plenty of time. But be aware of a growing trend... extended underwriting turn times.On average, most lenders are experiencing 7-10 business day turn times on FHA mortgage submissions. This means that it can take up to 2 weeks from the date of file submission for an underwriter to actually get to and review the file. This is due to the overwhelming demand on the FHA mortgage process.With the economic stimulus package's increasing of the FHA loan limits, many people are taking advantage of the great FHA mortgage rates. Add to that the increase of "manually underwritten" loans due to the subprime implosion and you have a steep increase in FHA submissions and lenders scrambling to keep up.While I...
Comments 9
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
The Home Builders Association of Charlotte will be launching a Website called, CharlotteBetweenTheLines.com, dedicated to bringing those interested in buying or selling a home information about the Charlotte market.  The hope is to give prospective buyers and sellers another great tool to use when getting involved in the market. Charlotte's market, which strays from National trends, has continued to be relatively strong and new homes are still going up, though at a less intense pace than a few years ago.    
Comments 0
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
Bank of America likes to support businesses run by women. For the past six years, they've been applauded by the Women's Business Enterprise National Council for buying goods and services from businesses owned by women. This year is no different. It's a small thing, but knowing that one of the two biggest home town companies in investing in people of all persuasions, ethnicities and genders is a good thing to know. It says something great about the city and the type of people who call this place home! 
Comments 0
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
Interested in something  "Fun and Free?" Well Creative Loafing is giving away complimentary passes to an advanced screening of Stop Loss, an MTV film that speaks to the experiences of Iraqi War Soldiers. Just visit www.creativeloafing.com and click on the "Free and Fun" icon. If you miss out on the passes, the movie will begin showing in theaters on March 28.
Comments 0
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
Every child is different and they all have different passions. Athletics, art, music, etc. So find a camp that is right for your child this summer and relax knowing that their time away from home will become one of their fondest childhood memories. Charlotte Weekly's Summer Camp 2008 Guides are a great resource to find the right camp for your special camper! Check out this week's issue for just a few of Charlotte's best camps. More Ads to follow April 4th and 18th.
Comments 0
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
Congrats to the East Mecklenburg Boys Basketball Team for Winning the North Carolina State High School Basketball Championship. The Eagles, our own Charlotte home-town team, upset Apex 72-63 to claim the title. Way to bring the glory home to the Queen City boys!
Comments 0
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
CPCC's annual ArtFest will be held March 25-29 and will include art shows, lectures, films, concerts and poetry readings at the Charlotte Campus. For more information and event times, click here.
Comments 0
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
A big change is coming on East Morehead Street, well a tall change at least. A new office building--just one of many that the area has been attracting in recent years--will stand at 160 feet. This might seem a bit grand for the area, but will be complemented by the 13- story Royal Condos building currently in the works through Pinnacle Properties. Still, according to planners, E. Morehead won't be aiming to compete with the towers of Bank of America and Wachovia in Uptown anytime soon. The plans were approved as a single case scenario rather than a precendence setting decision. The building will also have space for 15,000 sq.ft. of retail, in addition to 180,000 sq.ft. of much needed office space and sits inbetween the Uptown loop and Dilworth.
Comments 0
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
A new stadium for the Charlotte Knights on Third Street got a home run sized step closer to realization on Tuesday evening. March 18, the Mecklenburg County Board of Commissioners agreed to waive two conditions that were holding up initial steps to get the new stadium's construction started. It looks like the Knights will definitely be moving Uptown within the next few years, joining the Bobcats, Checkers and Panthers in sporting venues available within the I-277 Loop. Just one more reason why Charlotte is a great place to call home!
Comments 0
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
If you need a last minute idea for a fun outing this Easter Weekend, look no further than Bobcat Arena. Not only are the Bobcats playing in the evening, but the world-famous Harlem Globetrotters will also be making an appearance. Tickets are $15 and the theatrics start at 1 PM. You can buy online through www.harlemglobetrotters.com.
Comments 0
By Diane McDermott, Charlotte NC Real Estate Market
(Realtor®, GRI, Landis e2 Real Estate, LLC)
 Below is the updated monthly market activity for Charlotte NC and Mecklenburg County NC which includes data from Multiple Listing Areas 1-9: the towns of Charlotte, Huntersville, Davidson, Cornelius, Matthews, Mint Hill, and Pineville, all of which are located within Mecklenburg County NC. The reason for the county view is to provide a more localized snapshot of real estate market activity- focusing on Mecklenburg County's activity instead of the much wider region which includes counties outside of Charlotte.  For February 2008, new listing activity was down slightly from January but still relatively high, near springtime levels from 2007. Under contract listings for February 2008 were very close to those for January of this year and the Sold listing category showed an increase in Febr...
Comments 0
By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Year to date sales in DILWORTH are nearly 3 times the number of sales in 2007!  Dilworth remains one of the best areas in Charlotte for appreciation as well.  Historically, sales and appreciation in this area have been solid investments for homebuyers and continue to maintain stability in our current market conditions. Compare Dilworth's 2007 & 2008 year to date sales:Days on the market are 63% less than last year's figure.  Sales to list price:  99% in both 2007 and 2008.Price per square foot:  Compare $237.50 in 2007 to $248.49.For more information on this historic neighborhood, visit http://www.debemaxwell.com/ About the author: Debe Maxwell, ABR is a Charlotte Residential Real Estate Broker, Certified Neighborhood and Relocation Specialist who can assist you with the purchase and/or...
Comments 3
By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
First Baptist Church, erected in the early 1900’s, 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, as you will. One window on the south side of the sanctuary was donated by Vinton Liddell in honor of his father, W. J. F. Liddell.Originally doubtful that the acoustics would 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 of the Board of County Commissioners Liz Hair, gathered ‘troop...
Comments 5
By Tim Winters, Text Marketing Expert
(Sentext Solutions)
        A quick calendar reminder- Don't forget to attend the 2008 Realtor® Expo, Thursday, March 20, 9:00am- 4:00pm at the Charlotte Convention Center.  The show is packed with educational seminars, guest speakers and of course hundreds of real estate vendors offering information about their products and services.  I will once again be attending this year so make sure to stop by the Top Producer booth #705 (a shameless plug).  This would give you a great opportunity to see Top Producer 8i plus Market Snapshot and Market Builder; two of the most effective marketing campaigns that have ever existed in the industry!    It also would be afford me the opportunity to meet some fellow ActiveRainers in person as well.  Hope to see you there.Tim WintersRegional Sales Associate- NC & SCTop Produ...
Comments 2
By Diane McDermott, Charlotte NC Real Estate Market
(Realtor®, GRI, Landis e2 Real Estate, LLC)
 Call it a "decorating", "carpet", "updating", "paint" allowance it doesn't matter, they're all the same thing. Seller acknowledging that the house has some cosmetic drawbacks (could be paint, worn carpet, dated kitchen/baths among other things) and they're offering a dollar amount to buyers so the buyers can just fix that flaw after they close. Here's the problem: When buyers view a home, they're focusing on how the house looks NOW.  Offering an allowance won't make that carpet, kitchen, bathroom, etc any more appealing when buyers are walking through the house. It's difficult for a buyer to erase images of how the house looks now even with the offer of an "allowance". Images are very powerful to buyers. Buyers choose a house based on emotion, feeling and when they picture themselves l...
Comments 11
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
The CIAA Basketball Tournament and Festival brought in $28M of business to the Charlotte region last year. This year, predictions about final figures are even higher--and the NCAA Division II athletic conference has committed to holding the tournament in Charlotte until 2011. Events like the ACC Tournament and the CIAA Tournament may cause some traffic headaches, but they are just one of the many reasons the Charlotte real estate market is continuing to see growth when many other areas are looking at downturn. We love that Charlotte is continually bringing in great entertainment options and great new people for our community along with them. Bring them on!
Comments 0
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
It's not that the developers at 210 Trade aren't playing by the rules--it's just that there aren't any rules to follow regarding their complex, but desirable, plans for one of Charlotte's newest Uptown developments. Many Uptown high-rises and housing projects are stalling because of money issues, but 210 Trade is fine in that department. The issue for them is that their project--deemed a "mega-project" by Mecklenburg County--is so complex that the county is developing policy as the project goes forward. The mixed-use facility--which, when opened in 2009, will include condos, restaurants, shops and a hotel at the crossing of College and Trade.
Comments 0
By Terry McDonald The McDonald Group, Brokers NC/ SC
(TerryMcDonaldRealEstate.com, LLC)
Charlotte Homes for Sale for Under $250,000 What is affordable? Why homes under $250K. Our median home sale in Charlotte is $237K.  As of today there are more than 5000 homes for sale in the 9 county area covered by our MLS for less than $250,000.  This many affordable homes for sale in one price range is a great selection, and makes it a strong buyers market.  More selection, creates better choices for you. Using my search site, or anyone's, you should be able to line these homes up, from similar areas, side by side and determine fairly quickly which will fit your needs best.  I chose a somewhat arbitrary number, $250,000, but this is pretty much the top of a typical first time home buyer, and here you can see all the Charlotte homes prices above and below $250.  Yes, granite counters...
Comments 0
By Brian Belcher, Charlotte Realtor
(RE/MAX Executive)
In a guesture to St.Pat, we'd like to let you know about Ideal Countertops. Not only are these products beautiful, but they are also Leed Certified--a measure of environmental soundness that is gaining popularity as more people become aware of and concerned about preserving the beautiful cities, states, and countries we live in. Ideal Countertops has a show room off of South Boulevard and whether you are renovating or building the kitchen in your dream home, give a tip o'the hat to St. Pat and put a green choice on your list of showrooms to see.  
Comments 0
Explore Charlotte, NC
Charlotte, NC Real Estate Professionals