2009 September Archives
Real Estate Market in South Charlotte NC September 2009
September 30, 2009
The single family real estate market in South Charlotte NC (mls area 5) remains highly competitive for home sellers. The only price points in the South Charlotte real estate market that are anywhere close to balanced conditions are below $300,000 where the available South Charlotte homes for sale are at a 6-7 month supply of real estate inventory based on the recently sold rate of activity. Over that $300,000 mark, real estate market conditions in South Charlotte NC shift into a strong... Read more →
Great Grapes! at Symphony Park in Charlotte NC
September 29, 2009
The Great Grapes! Wine, Arts and Food Festival returns to Charlotte NC’s Symphony Park at South Park this Saturday, October 3rd from 11am-7pm. Wine and food seminars, live music, and of course wine tastings from a ton of NC vineyards will all be on display and part of the fun at Symphony Park (which is right next to South Park mall) in Charlotte this weekend. Tickets for the Great Grapes event can be purchased in advance or at the festival on Saturday. For more info, vendors,... Read more →
How the Cost of Upgrades Relates to Your Home’s Value
September 28, 2009
Over time, many homeowners make changes to their home. From light fixtures to flooring, landscaping, counters, cabinets, there’s a ton of interior and exterior home features that can be modified over time. So, how does the COST of any upgrades or improvements to your home relate to your home’s value? It doesn’t. The dollar amount you spend on any upgrades or home improvements has absolutely no relation to the value of your home. There’s simply no correlation... Read more →
Landen Meadows Neighborhood Real Estate Market 9.25.09
September 25, 2009
In the Landen Meadows neighborhood in Charlotte NC there are currently 6 available homes for sale and 3 under contract Landen Meadows real estate listings. All of the under contract real estate listings are priced below $210,000 and the lower price points continue to show the majority of real estate movement and activity in the Landen Meadows neighborhood. With 5 Landen Meadows homes sold in the past three months, the level of real estate supply for the neighborhood has dropped into... Read more →
Go Beyond The Cosmetic When Evaluating Charlotte NC Homes for Sale
September 23, 2009
When buying a home in Charlotte NC it’s important to go beyond the cosmetic and really take the “big picture” into account. There’s much more to a home than paint color, kitchen style or whether the floors are hardwood vs carpet. For home buyers in Charlotte NC right now there’s a lot of options to consider and evaluate. When working with home buyers (representing their interests as a buyer’s agent), I recommend looking at the big picture when evaluating... Read more →
Charlotte’s Festival in the Park Starts This Week!
September 21, 2009
Charlotte NC’s annual Festival in the Park event starts this week, beginning Thursday September 24th at 6pm. The festival takes place at Freedom Park, just south of Uptown Charlotte NC and will run from Thursday September 24th-Sunday September 27th 2009. For daily hours, click here. If you’ve never been to the Festival in the Park and are looking for something to do around town this week/weekend Charlotte NC’s Festival in the Park is a great event, offering a laid... Read more →
Cameron Wood Neighborhood Real Estate Market 9.18.09
September 18, 2009
With 18 available homes for sale in the Cameron Wood neighborhood in Charlotte NC and only 1 under contract real estate listing, the Cameron Wood neighborhood real estate market trend is a decrease in activity. While there have been 10 successfully sold Cameron Wood real estate listings over the past 3 months, under contract activity has been declining which indicates a dropoff in buyer activity for the Cameron Wood real estate market in Charlotte NC. The majority of available Cameron... Read more →
Beverly Woods East Neighborhood Real Estate Market 9.14.09
September 14, 2009
The level of real estate inventory in the Beverly Woods East neighborhood in Charlotte NC is at or below balanced real estate inventory levels as of September 2009. The $300,000-$349,999 price point is the best performing price range with 0 available Beverly Woods East homes for sale. As far as the forward-looking under contract Beverly Woods East real estate indicator, absorption of the real estate supply is now focused on the lower price points with all of the under contract Beverly... Read more →
Fall Forecast for the Real Estate Market in Charlotte NC
September 10, 2009
As we enter the fall season, the forecast for the fall real estate market conditions in Charlotte NC is likely to have some typical seasonal changes with: - declines in buyer traffic (spring/summer is the height of buyer traffic, the fall season is when buyers start thinning out = less competition for those buyers looking to buy a home in Charlotte NC now) - declines in the amount of active real estate listings due to withdrawal or expiration (some homeowners will decide to take their... Read more →
Madison Park Neighborhood Real Estate Market 9.9.09
September 9, 2009
The real estate market conditions in the Madison Park neighborhood in Charlotte NC are actually not very different by price point. With 38 active Madison Park real estate listings and 7 under contract Madison Park real estate listings, there isn’t any one standout price point outperforming the rest. Available, under contract and recently sold Madison Park real estate activity is spread fairly evenly throughout the various price points for this Charlotte NC neighborhood. ... Read more →
