Data acquired from the CMLS 5/1/2010 – 5/31/2010 May proved to be another month of strong sales for residents in Matthews North Carolina. Sales nearly doubled over the prior year for a total of 63 and new inventories were actually lower this year compared to last. However, whether influenced by the fast approaching end to [...]
Lake Norman Real Estate Market Update: June 2010
Data acquired from the CMLS 5/1/2010 – 5/31/2010 The luxury real estate market has been among the hardest hit by the shift in the Charlotte real estate market since the peak of 2007. The lack of confidence in the luxury market, the high unemployment, and lack of reasonable financing caused inventories to swell and prices [...]
Uptown Charlotte Condo Real Estate Update – May 2010
April was a positive month for condo and townhome sales in Charlotte's Uptown / Center City. Sales were up 70% over April 2009 with 17 buyers calling uptown home. This is still fifty percent fewer than closed during the same period in 2007 however positive news nonetheless. Home buyers found sellers were selling at a [...]
Construction on the Last Leg of I-485 to Start. What neighborhoods will be affected?
New Bill Before Congress Seeks to Create a Nation of Renters
What would you say if I told you that someday soon, you could remain in your home for up to five years following a foreclosure on that very same residence? Next, what if I also told you that your new landlord would actually be that lender that foreclosed on you? You're probably thinking that I've [...]
Dilworth Neighborhood: Charlotte Real Estate Market Update – May 2010
Dilworth Neighborhood Real Estate Market Update Data compiled 4/1/2010 – 4/30/2010 For those hoping for a rebound in the real estate market in Dilworth, April was certainly a step in the right direction. During the month of April, 10 single family homes closed in Dilworth; double from March and five times more than closed [...]
Myers Park Real Estate Update – April 2010
Myers Park Real Estate Update Data acquired from the CMLS 3/1/2010 – 3/31/2010 Forty-five single family homes were listed for sale in Myers Park during the month of March. This brought the inventory of available homes for sale up to 169; only 6 being offered as either a short sale or bank owned (acquired [...]
Home Sellers: Four Things You Must Do To Make Sure Your Home Sells This Spring
Real Estate is seasonal. As spring approaches, the housing inventory increases in the anticipation of home buyers looking to switch school districts or move during the more temperate months. If you want to sell your home this spring or summer, here are four truths you must adhere to. 1. You’re Not Going To Make Money [...]
Home Sellers and Agents: Accurate Disclosure is Essential to Successful Real Estate Sales
This week, my buyers specialist Susan and I experienced yet another contract fall apart only days before closing. This time we were dealing with an investment property that sounded great on paper but when the buyer discovered the reality of what he was buying, the entire deal soured. It was a total disappointment from our [...]
Charlotte - Southpark
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