Charlotte, NC Real Estate News

By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Picture this: After years of hard work, you've finally saved enough for a new home. You're excited and more than ready to look for one, but you're unsure where to begin. Should you settle for driving around and looking for properties with “For Sale” cardboards to choose from? When buying a Southpark Charlotte, NC home, employing the professional help of a real estate agent is a great way to save valuable time and effort. Through this, you are getting the best guidance before you jump on a decision. DIYs or ‘do-it-yourself’ might be the hype nowadays. Yet, it's not the best choice for your house hunting. Homeownership is a serious commitment. You are spending hard-earned money, so you want to do everything right.Browsing the web can be an excellent start, but doing proper research will t...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
HOW MUCH HAS YOUR GREATER CHARLOTTE HOME'S VALUE INCREASED IN 2022? Throughout much of 2022 the Greater Charlotte Region continued to suffer from a persistent lack of inventory. The lack of inventory was further exacerbated by the region's continued population growth at a pace greater than the national average, baby boomers who continue to live in their homes, and less new construction inventory.  Demand for homes outweighing the supply of homes has been the story of the Charlotte region's housing market in 2020, 2021, and into 2022 resulting in price appreciation that is leading many areas of the nation in annual gains. The Charlotte region continues to rank high on the hottest housing market lists. And that also means that Charlotte region homeowners have more equity in their homes th...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
SOLD in Beverly Woods (SouthPark) Charlotte, NC - Positively adorable BRICK RANCH in great cul-de-sac location - arguably the best lot in Beverly Woods! This lovely one-level home is situated on a level, private lot and was recently updated. The kitchen (renovated in 2019) includes white cabinets, stone counters, subway tile backsplash & stainless gas range. Eat-in kitchen opens to the den which leads to the wonderful sunroom, overlooking a fabulously private backyard. The dining room easily seats 8.What is SO cool about this house is that I sold it to an ActiveRain member and now he's moving out-of-state! 😢 Steve Shatsky is a retired Realtor® from the Dallas area and I thoroughly enjoyed working with him to find this lovely home, as well as selling it a few years later. While I hate to...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Speechless Sundays - Late Fall Colorful Sunset Despite the cooler evenings (and heaven forbid, darkness at 4:30 PM), we are enjoying the brilliant sunsets every chance we get. The fire keeps us warm and the peacefulness of the lake, along with the quiet of the night, all create an ambiance we both enjoy so much. We share our 'art-in-the-sky' with our friends every chance we get as well! It's the most relaxing, majestic experience - what a way to cap off a busy day at work too. A special note - the reflection in the water shows the silhouette of the trees and the pink clouds' reflection. It was a spectacular sunset last evening!  I hope you have the opportunity to enjoy a sunset or two this week. You'll understand what I mean about the majestic experience! © Debe Maxwell, CRS | The Maxwe...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
The Sanctuary Market Report - NOV 2022This Audubon waterfront community is perfectly named, The Sanctuary. 1,300 acres of pristine wooded preserve, with only 188 homesites, this Lake Wylie luxury resort community was named one of Forbes Magazines TOP 10 luxury communities in which to live! 17-acre waterfront amenity park with 3 pools, 6 tennis courts, 20 miles of walking trails, amphitheater, kayaking, canoeing, boating, boat slips, pavilion, exercise room, lodge area and playground - all simply spectacular! Enjoy living like you're always on vacation at The Sanctuary!  You'll be just minutes to I-485, Uptown and Charlotte Douglas International Airport.  Leave your home & hike the nature trails to Camp; explore the trails & all that this wonderful community has to offer. The latest mark...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Steele Creek (Charlotte, 28278) Market Report NOV 2022How is the real estate market in Steele Creek? It's a bit chilly this November, as we find ourselves solidly in the late fall housing market in Steele Creek.  We continue in a sellers' market with a 1.4 month supply of homes. Inventory remains low and sellers are still commanding a solid sales price, just not an outrageous, over-the-top price - even if it takes a little longer on the market. Year-over-year, sales prices in Steele Creek neighborhoods have still risen, on an average of 20%. Here's the market snapshot for Steele Creek (Current data - past 30 days): Average Sales Price in Steele Creek's 28278: Average Days on the Market in Zip Code 28278: List to Sales Price Ratio in Steele Creek (28278): Months Supply of Inventory on th...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
South Hill Market Report - NOV 2022 - A SouthPark Community I live and work a good deal in the SouthPark community. So, the little 'nooks and crannies' in my area always appeal to me - and I thoroughly enjoy showing them to buyers new to the region.SouthPark, the Southeast's top live/work community, is chock full of little hidden gem neighborhoods and South Hill is certainly one of those delightful treasures.Quietly tucked away in one of Charlotte’s premier communities, South Hill condos are walkable to Phillips Place (including Whole Foods), SouthPark Mall and all of the fabulous shopping, dining and entertainment that one can savor! There are 102 condos (they feel like townhomes) in South Hill with full brick exteriors, luxurious, well-designed interiors, oversized garages and a priva...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Saturday's Shots - Incredible Foliage in Charlotte 2022I mentioned to George Souto that I often thought of him when I awaken to a gorgeous fall foliage show. I don't always capture shots of our view but, on occasion, I remember my camera when I head out for my morning walk.Sheri Sperry - MCNE® wrote a post of gratitude about fall in Sedona which also reminded me to share our spectacular foliage this year!This was not taken this week but, we are still seeing brilliant reds this week which, North Carolinians will tell you, historically means we are in for a cold winter - one cold enough to kill, not only bacteria & viruses but, annoying pests in and around our homes. Those neusances, in our area of late, include stink bugs, beatles, red ants, household ants and more. Charlotteans are hope...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Market Report NOV 2022 - How's the Real Estate Market in Providence Springs?   Providence Springs, being a community of only 128 homes, typically does not have a large selection of homes on the market - low turnover year-after-year.  Some years, there are more relocation sellers than others and we are seeing a bit of a slow down in the relocation business this year. The economy continues to recover, as our Providence Springs market improvements continue to show.  If you're a buyer, interested in a fabulous, neighborly community on the NORTH side of Highway 51 in a great school zone, visit www.ProvidenceSpringsInfo.com for more information on this popular Charlotte luxury community.  We know that you won't be disappointed!Here are the current real estate market stats for Providence Sprin...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Royden (SouthPark) Market Report - NOV 2022This popular luxury neighborhood, situated in the heart of SouthPark, is approximately 2 miles from Quail Hollow Country Club, nearby Carmel Country & Myers Park Country Clubs and Cedarwood Golf Club is within close proximity as well.  Of course, if you’re into shopping and dining at fine restaurants, you will love the location, near SouthPark Mall and the mall’s surrounding fabulous restaurants.   Royden residents also enjoy the convenience of the Arboretum and it’s central location to all of Charlotte’s premier private schools.  This neighborhood boasts top-ranked public school assignments as well. How’s the market faring in popular Royden neighborhood?   The average price per square foot in Royden is $345    Average days on the market in Roy...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Parkwood Knoll (Myers Park) Market Report NOV 2022Popular full-brick complex in fabulous Park Road/Myers Park location in Charlotte, Parkwood Knoll is the premier luxury condominium complex. Sales prices continue to rise and the time on the market continues to remain stable at an average of 21 days on the market in Q4, 2022. Below are the details with average sales price, days on the market, list-to-sales price ratio and current inventory (months supply).  The charts below are interactive so, you can click on each of them for the updated information or review the history by following the graph as well.Average Sales Price   Average Days on the Market  List-to-Sales Price Ratio  Months Supply of Condos for Sale in Parkwood Knoll**The months supply is 0.3. Higher HOA dues here may give pau...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Ballantyne – Blakeney Neighborhood Market Update NOV 2022– MITCHELL GLEN Popular South Charlotte neighborhood in top-ranked school zone offers wonderful amenities with LOW HOA DUES. Amenities include recreation area, playground and pond. Sales in Mitchell Glen continue to show an incredibly strong market. Average sales prices remain some of the strongest in the area. Days on the market are approximately one week and there are currently no homes in Mitchell Glen that are actively being marketed - no active, coming soon listings or any currently in Escrow at the moment.Here is the Ballantyne – Blakeney Neighborhood Market Report from October, 2022 final data -  MITCHELL GLEN: Current Average Sales Price in Mitchell Glen ($532,600)  Mitchell Glen's Average Days on the Market - 5  Average L...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 THERE'S STILL TIME TO SELL YOUR CHARLOTTE REGION HOME IN 2022Charlotte Region Homes Are Still Selling Quickly If you've been thinking about selling your home in 2022 THERE'S STILL TIME with 36 more days to go in 2022! Although median days on market have increased since earlier this year, with 50% of listed homes selling in 15 days and the average time on market at 32 days, you can sell your home and still have "days left over" in 2022. Home sale prices are also "holding their own." Average sale prices in November 2022 are approximately $102,000 higher than they were in the same month one year ago. They are also higher than they were in the first quarter of 2022. And while the list to sale price ratio is lower than earlier in 2022, home sellers are still seeing 99.1% of list price in fi...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
PET ADOPTION PROMOTIONS AT THE HUMANE SOCIETY OF CHARLOTTENOVEMBER 25-28 Charlotte's Humane Society is featuring Thanksgiving adoption promotions this Black Friday weekend from November 25th through Cyber Monday November 28th. If you've been thinking about adopting a dog or cat, this weekend will be a great time to do so.  VIEW ALL ADOPTABLE DOGS AT THE HUMANE SOCIETY OF CHARLOTTE VIEW ALL ADOPTABLE CATS AT THE HUMANE SOCIETY OF CHARLOTTE Humane Society of Charlotte Adoption Center:704-377-05341348 Parker Drive | Charlotte, NC 28208 Sunday to Thursday: 11:00 AM - 5:00 PM Friday & Saturday: 11:00 AM - 6:00 PM DONATE TO THE HUMANE SOCIETY OF CHARLOTTE This update on Charlotte Humane Society's Thanksgiving Promotions is provided by Nina Hollander and Carolinas Realty Partners with Coldwell...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 #GIVINGTUESDAYCLT: "THE POWER OF WE" “I have found that among its other benefits, giving liberates the soul of the giver."... Maya Angelou Tuesday, November 29th is the 10th year of Giving Day, also known as Giving Tuesday. The initial idea behind Giving Day/Giving Tuesday was to inspire personal philanthropy and to encourage charitable giving: be it time or money or goods (or all three) during the holiday season. LOTS OF GIVING HAPPENED IN 2021 IN THE USA $2.7 billion were raised in the USA #GivingTuesday effort; $5.7 million was raised on-line. $17.8 million people volunteered on #GivingTuesday, equaling 520 hours of time.  10.2 million people donated goods equaling $156,000 in donations.   "No one has ever become poor from giving."... Anne FrankLOTS OF GIVING HAPPENED IN CHARLOTTE O...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Deciding whether to buy or sell a home can be a tough decision. It all depends on the market you're in. When investing in real estate, several factors factor into your decision-making—location, structure, and condition of your possible investment, and buyer's or seller's markets.So, what's the verdict for Charlotte, NC? Is it a buyer or seller's market? What's the deal with Charlotte's real estate market?Some agents say it favors sellers, while others believe buyers have the advantage. So, what does this mean for you if you're considering buying or selling a home in Charlotte?We'll explore some factors that might help make your decision. Keep reading to learn more!What Is a Buyer's or Seller's Market?A buyer's market is when there are more houses for sale than buyers. This happens when ...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
The good news is that the Charlotte real estate market is currently strong. Charlotte home prices have risen for years and are expected to rise more. Population growth and a robust local economy are considerations. As a result, now is a great time to sell your home in Lake Park Charlotte, NC.When it comes to real estate, there are a lot of factors that can impact your home’s value. The location, size, age, and condition of your home are all important considerations. Yet, one of the most important factors is the current market conditions. You must grasp the market if you’re considering selling your Lake Park, Charlotte, NC, house.If you’re curious about what your Lake Park Charlotte, NC home is worth, read for some tips. So, keep reading to learn more.What Factors Influence Home Value in...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
WHAT'S THE FAVORITE THANKSGIVING DAY PIE IN YOUR STATE?DO YOU AGREE?Do you have a favorite pie for Thanksgiving dinner? Is it the same as the favorite pie in your state? Google shared a list with USA TODAY of uniquely searched pies in each state.  As you can see from the list below, pumpkin pie seems to be the overall favorite in 13 states. However, apple pie is not far behind with 11 states showing it as a favorite. Some interesting surprises in several states: chess pie in North Carolina and Tennessee; key lime pie in Utah; French silk pie in Illinois; lemon meringue in Colorado; chocolate mousse pie in New Mexico. And with all the pecans grown in Texas, New Mexico and Georgia, why wouldn't pecan pie show up as a favorite Thanksgiving Day pie? FAVORITE PIES BY STATE  Alabama – Sweet p...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Happy Thanksgiving from Nina Hollander, Coldwell Banker in Charlotte "Be consistent in your dedication to showing your gratitude to others. Gratitude is a fuel, a medicine and spiritual and emotional nourishment."... Steve Maraboli This Thanksgiving I'm grateful, thankful and blessed for so much: for family, for friends, for a satisfying career, for health, for living in my much loved and beautiful Queen City. I'm especially grateful for my wonderful and valued clients, business partners and colleagues. It is you who continue to make my business possible and successful year after year. Thank you for continuing to put your trust in me and for allowing me to serve you. I appreciate your friendship, your business, your referrals, and your support... past, present, and future. I look forwar...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Greater Charlotte Region's real estate market in October 2022...What you need to know... What it means for you...  October 2022 home sales were down year-over-year for a 10th consecutive month. Pending sales were also down year-over-year for a 10th consecutive month. Higher home prices coupled with higher interest rates have impacted affordability and continue to cool buyer demand. Home buyers are frustrated by higher rates, rising home prices, and economic uncertainty. As a result, home sales and mortgage applications have fallen since last year.  As pending sales are a good indicator or future sales and buyer demand, we should expect fewer closed sales in the months to come. Furthermore, the fact that we also see fewer new listings coming on the market indicates Cha...
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