SouthPark Real Estate Market Report JUNE 2021 SouthPark, that prestigious address that offers, not only wonderful proximity to everything Charlotte but, a lifestyle that is highly desirable. We are 12 minutes from Uptown and 12 minutes from Ballantyne (north and south) and the same distance from Cotswold on the east side and Dilworth on the west side. It really doesn’t get more ‘central’ than that, does it?! The central location in the city may just be the reason that SouthPark is one of the southeast’s largest live/work communities as well. A variety of housing styles fill the SouthPark … Continue reading...
It’s National Homeownership Month – Here are 10 Reasons to Celebrate
It’s National Homeownership Month - Here are 10 Really Good Reasons to Celebrate National Homeownership Month began as a week-long celebration of homeownership in 1995. In 2002, President George W. Bush proclaimed June as National Homeownership Month saying, “Homeownership is an important part of the American Dream…A home provides shelter and a safe place where families can prosper and children can thrive. For many Americans, their home is an important financial investment, and it can be a source of great personal pride and an important part of community stability.” During an … Continue reading...
Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]
Americans Choose Real Estate as the Best Investment [INFOGRAPHIC] Americans have chosen real estate as the best investment for 8 years running. There’s a reason for that - home equity has risen exponentially with the incredibly low inventory levels. This is even more evidence for sellers to take the plunge and sell during this low supply market. It’s never, in the history of selling real estate, been a better time to sell!For buyers, even with the rising prices, why NOT begin building equity while the market is hot? I recently did a neighborhood sales increase for one in my market and … Continue reading...
THE Most Asked Question in May, 2021 – Should I Buy NOW or Wait?
THE Most Asked Question in May, 2021 - Should I Buy NOW or Wait? Quite frankly, we've been being asked this question for well over 2 years. If you consider only the last year of appreciation that the Charlotte Metro area homeowners gained, an 11.6% increase - yes, in ONLY one year - that will tell the story about our hotter-than-hot market! To show you what that looks like in dollars - if you paid $500,000 for your home one year ago today, your home would now be worth $558,000. Note that this is our entire MLS - some areas have realized less appreciation and others, more. If … Continue reading...
Does the Ability to Pay Cash for a Home Purchase Matter During this Strong Sellers Market?
Does the Ability to Pay Cash for a Home Purchase Matter During this Strong Sellers Market? Of course it does! It matters a LOT! We used to proclaim that ‘Cash is KING’ and sellers were all over the cash Offers - even lower than list prices were coveted. Sellers knew that buyers obtaining a mortgage could easily have an issue during the lending process - small or complicated - and the deal was toast. Sellers had to start all over again and then struggled to get anywhere near their list price again. So, cash WAS king! The market slowly began to stabilize and mortgage requirements … Continue reading...
The Housing Bubble Discussion Again?
The Housing Bubble Discussion Again? I can’t tell you how often I am asked when I ‘think this bubble is going to burst.’ The ‘mockingbird media’ tends to believe that we are in the midst of a major bubble and that we are soon to be in a world of hurt! This is not about a ‘bubble,’ this is about simple economics, supply & demand. When asked if today’s high buyer competition and rising home prices are evidence of a housing bubble, Lawrence Yun, Chief Economist at NAR, said “thisis not a bubble. It is simply lack of supply.” Today’s housing market is healthy and rising prices are … Continue reading...
SouthPark Open House CANCELLED This Weekend – SAT 2/27 – 1 – 3PM
SouthPark Open House CANCELLED This Weekend – SAT 2/27 – 1 – 3PM WE APOLOGIZE FOR ANY INCONVENIENCE but, our Open House for today, 2/27 from 1-3PM at 2710 Huntingtowne Farms Lane, Charlotte, NC 28210, has been cancelled. With multiple Offers in-hand, the sellers have opted to cancel this event today. This stunning mid-century home is seeking a new owner to continue to care for this house as the current homeowners have. This one-of-a-kind modern home lets you commune with nature at every turn in the house. Large casement windows (and PLENTY of them) bring nature right into your … Continue reading...
It’s an Unprecedented Sellers’ Market
It’s an Unprecedented Sellers’ Market I received an email this morning with an article about how sellers are ‘finally feeling comfortable selling again.’ I almost wrote back and asked what planet the sender was on! Our sellers have felt comfortable selling since mid-2012 and we’ve been in a strong sellers’ market since February, 2016. If you don’t own your home (meaning outright or carrying a mortgage), the median sales price should be a wake-up call! Where else can you invest your money and garner a 13+% increase in value in 12 months - not years, MONTHS - ONE YEAR! That is … Continue reading...
Mid-Century tri-level home in the heart of SouthPark!
2710 Huntingtowne Farms LaneCharlotte NC 28210MLS #37119934bd, 2ba, 1911sqft, .44 acresSOLD UNDER CONTRACT IN JUST 1 DAY Another Maxwell House Group - Re/Max Executive Listing is UNDER CONTRACT Sorry you missed this lovely home! If you're thinking of selling your home, visit www.ListMyCharlotteHome.com, call (704) 491-3310 or email CharlotteBroker@icloud.com for other available homes for sale in this area or give us a call and we'll put you on our 'hot list' for instant notification when a home in this area comes available--as SOON as it comes on the … Continue reading...
Renovated SouthPark Ranch House For Sale!
3201 Archdale Drive Charlotte NC 28210MLS #37072983bd, 2ba, 1,472sqft, .32 acresOffered @ $350,000SOLD UNDER CONTRACT IN JUST 3 DAYS Another Maxwell House Group - Re/Max Executive Listing is UNDER CONTRACT Sorry you missed this lovely home! If you're thinking of selling your home, visit www.ListMyCharlotteHome.com, call (704) 491-3310 or email CharlotteBroker@icloud.com for other available homes for sale in this area or give us a call and we'll put you on our 'hot list' for instant notification when a home in this area comes available--as SOON as it comes on the … Continue reading...