The Charlotte NC real estate market has taken a turn in the direction of recovery! We're seeing buyers taking serious advantage of the interest rates and sellers are being far less pressed to contribute to the sale (as in seller-paid contributions) as in the previous 2-3 years. Here are the latest statistics for the past year, through December 31, 2011. Here's to a great 2012! … Continue reading...
What's the Charlotte Luxury Real Estate Market Doing During This Economy? Surprisingly well! We're seeing more and more high-end homes selling quicker than during the past 2-3 years and with interest rates at a historic low (yes, even jumbos!), you just can't go wrong! The Market Absorption Trend is the best indicator for sharing supply and demand in a particular real estate market/product. The graph below displays the trends for luxury homes (single family) only in Charlotte NC and over $500,000 (deemed luxury in our market). We Closed more luxury homes in the area year-over-year during … Continue reading...
Providence Springs Charlotte NC Real Estate Market Report, DEC 2011 Providence Springs Charlotte NC is a quaint neighborhood of 127 gorgeous custom and semi-custom homes. Providence Springs Charlotte NC is nestled between the Arboretum and Rea Road (the city-side of Highway 51). Formerly farm land, owned and sold by the Springs family to developers Gene Harrington & Ken Dowd (also developers of other upscale neighborhoods such as Berkley & Highgate), Providence Springs was masterfully designed and has turned into a lovely, sanctuary-style neighborhood. Harrington and Dowd built … Continue reading...
What's happening in the Charlotte real estate market this week? With an improvement in the job numbers on Friday, we're getting a sense that the economy is taking a turn for the better! The Maxwell House Group has had an incredibly busy week with new listings and buyers making the decision that it's finally time to move on that dream home! If you're currently listed, keep that property on the market--the buyers who are out this month are serious buyers and the supply has been greatly reduced year-over-year--a good sign for sellers. 224 new single family homes were listed this week in … Continue reading...
The beauty of the mature landscaping, the aroma of blooming flowers and the welcoming feeling all captivate your senses as you traverse through this historic community. Single family homes in Elizabeth range from brick mansions to quaint bungalows and even new townhomes and condominiums have sprung from old homesites. Winter, spring, summer or fall, historic Elizabeth is simply majestic! This community is one of Charlotte's premier locations with a quaint neighborhood feel but, an in-town locale that offers great walkability. Below are the updated Charlotte real estate market statistics for … Continue reading...
Providence Springs Charlotte NC Real Estate Market Report, NOV 2011 Providence Springs Charlotte NC was once farmland, owned by the Springs family. Providence Springs is a quaint neighborhood of 127 gorgeous custom and semi-custom homes. Providence Springs Charlotte NC is nestled between the Arboretum and Rea Road (the city-side of Highway 51). Sold by the Springs to developers Gene Harrington & Ken Dowd (also developers of other upscale neighborhoods such as Berkley & Highgate), Providence Springs was then masterfully designed into a lovely, sanctuary-style neighborhood. Harrington … Continue reading...
Join us in our final weekend of thinking pink in honor of Breast Cancer Awareness month! Do consider donating to research for this devastating disease affecting 1 in 8 women. The real estate market in Charlotte was anything but, SCARRY this Halloween week of 2011! Savvy Charlotte home buyers and sellers have more good news to share on the 'home front!' Despite the fall season, Charlotte continues showing a significant positive movement towards the real estate recovery. Remember sellers, if you price it right, it WILL sell! Congratulations to my sellers in Olde Providence, who have … Continue reading...
OLDE PROVIDENCE REAL ESTATE MARKET REPORT CHARLOTTE NC, OCTOBER 2011 Olde Providence residents enjoy close proximity to SouthPark as well as The Arboretum, Stonecrest and easy access to I-485 via either Providence or Rea Roads. The community is a swim/tennis one, with optional membership to the Windy Rush Swim and Tennis Club. With an active swim team, Windy Rush has, over the years, dominated in the community competitions. Nearby schools assigned to residents of Olde Providence include Olde Providence Elementary (within walking distance), Carmel Middle … Continue reading...
Myers Park Real Estate Market Absorption Trend Charlotte NC Myers Park is known as the destination neighborhood for the affluent and remains one of the most beautiful areas in the city. The massive oak trees line the streets, enveloping passersby and residents in pure luxury, stately homes and gorgeous architectural history. Take a tour of Charlotte’s most sought-after street, Queens Road and several of the Queen City’s original mansions, including the Duke Mansion. The Myers Park real estate market report for October, 2011 is showing a positive turn in the amount of sales but, with sales … Continue reading...
What’s the Real Estate Market Doing in Midwood? Plaza Midwood is full of rich history yet, urban and hip. Established in the early 1900’s, Midwood was developed along the trolley line that ran from Charlotte’s then, Downtown, along Central Avenue. Suffering during the 60’s and 70’s, in serious decline, concerned residents established the Plaza Midwood Neighborhood Association. The community began to be refurbished and residents worked diligently to improve the appearance of the area and revitalized Plaza Midwood in style. Midwood continues to defy the market, with swift sales and continued … Continue reading...
