Charlotte Housing Market Update May '08
Is it a buyers market or sellers market? The most often asked question is this a good time to buy or sell Real Estate in Charlotte North Carolina? That depends on who you are. As of May 08 we have 2386 sold in May with an average of 91 days on the market. I’d say that’s back to normal for this agent.
If I’m a seller I need to price my home aggressively. I need to know that there are other homes in Charlotte that are doing the same. I have to be well presented both inside and out so that when someone is looking for homes for sale in Charlotte they will see the very best. As the inventory begins to dwindle in Charlotte North Carolina it will quickly become evident that the market has swung to the seller.
Some sellers believe that many Realtors like a quick turn and therefore we price our homes too low. Well this Top Charlotte Agent believes that you have to price it correct and it will sell. The true market value of a home in Charlotte is set by the buyer and not anyone else. I want my clients to get the most for their home, in the lease amount of time and with the least amount of effort. I’ve been representing clients for 18 years in the greater Charlotte North Carolina area and I clearly understand the importance of pricing it right and presenting and marketing it well.
Our housing market reports page offers several market reports on various real estate areas of Charlotte.
Does anyone have any experiences both good and bad that they would like to share?
What Makes Charlotte So Great?
Here’s what makes Charlotte so great. I’ve just come back from a cruise and I still feel that I’m on vacation. Yes that sounds so corny but it’s true! Why? It’s the ease of flying into Charlotte at Douglas International Airport and the ease of driving home. O.K. so that’s one small part of what makes us so great. Charlotte is green, clean and beautiful. If you want to get uptown to an event or dinner it’s easy in and easy out. We have the best of hospitals and a great climate. Speaking about our climate lets examine our work climate. One of the main reasons The Charlotte area continues to out pace the rest of the nation is the opportunity to find employment.
The Charlotte housing market continues to out pace the rest of the nation. What would $300,000 buy you if you lived in New York, Chicago or L.A.?
If you’re interested in knowing more of what I think about living in Charlotte please e-mail me at Irv@TopCharllotteAgent.com. If you have some comments I’d like to hear from you too.
Custom Home in HighGate - Weddington NC
Stunning, yet comfortable estate home in HighGate in Weddington, North Carolina features craftsman-inspired styling and architecture. An exterior of brick and stone with cedar accents complements the natural materials found throughout the interior - stone, cedar, slate, and copper. Fireplaces are wrapped in stone with a flared base. Coffered and exposed beam ceilings highlight some rooms, with ten-foot ceilings on the first floor, and nine-foot ceilings on the second floor.
The kitchen centers on the nine foot wide cooking center, with a 48" dual fuel professional range with double ovens. Surrounded by maple cabinetry, granite countertops, and floor to ceiling columns wrapped in stone and connected by a stone arch, this is the heart of the kitchen. A separate wine bar/drink center has an undercounter wine refrigerator, stem holder, natural stone backsplash, and a copper tile band set between two full height stone columns.
Above the four car garage (two separate two car garages) are a media room, closet space, a full bath, and an additional room. Completely separate from the rest of the home, this area would be perfect as a nanny or in-law suite.
Overlooking the built-in gunite pool is a raised, covered paver patio with an adjacent outdoor entertainment kitchen. A half bath accessible only from the pool area is great for pool guests.
You can see more photos, a complete virtual tour, and get more information for this home on Foggy Glen Place on our website.
Mount Holly Home For Sale - Lake Wylie Access
Wonderful 4 bedroom, 2.5 bath home in Riverfront in Mount Holly is now for sale. The neighborhood features a community park on Lake Wylie, a neighborhood pool, clubhouse, and tennis courts, and is located just minutes from I-85.
Hardwood floors are featured in the front hall, powder room, and family room. Granite counters highlight the kitchen, which also has a prep island and a large pantry. The gas fireplace in the family room has a deep media niche above, and is flanked by windows overlooking the back yard.
All bedrooms are upstairs and very large. The 4th bedroom could also become a bonus room, measuring 19′ x 13′. Accessed from the back yard, the crawl space is tall enough to stand up in, with amazing amounts of storage space!
More information, photos, and a virtual tour of this home on Riverfront Parkway can be found on our website.
Olde Providence Rec Association Spring Baseball
This is of course very biased, but I thought it appropriate to talk a bit about the Olde Providence Tigers, led this Spring by Coach Bob Adler. The marked improvement in the boys physical skills and more importantly mental skills just blew me away and the coach deserves much credit for stressing the basics and keeping the boys focused mentally. They didn’t come away with the championship this season, but they can walk away knowing they are better players due to their and their coaches’ efforts this season.
On another note check out Coach Adler’s other passion-BBQ
Charlotte - America’s # 1 Place to Live
Charlotte has been voted America’s #1 city to live in by Relocate-America.com I’ve been here since 1995, and have been visiting regularly since the early 80’s. I would never have imagined that there would be so much to do in my adopted hometown, while at the same time keeping the small town feel and relative affordability to other areas. Check out the links below and let me know what you think? Agreement/Disagreement/Comments???
I moved here 13 years ago with no job and a couch to sleep on in my aunt & uncle’s house. Now I am raising a family and running a successful business in what is in my opinion the best city in America!
Indian Land Townhome For Sale
Another new listing with Schwebel & Assoc! This 2 bedroom, 2.5 bath townhome is located in Indian Land, South Carolina, just south of Charlotte. It is situated towards the back of the neighborhood, far away from the main road. The large kitchen includes a breakfast bar and room for a small breakfast table. A walk-in pantry provides ample storage. There is a formal dining area with a chandelier, and a roomy family room as well, with a sliding door leading to a deck that overlooks a wooded common area for maximum privacy.
Upstairs, each bedroom has a full bath, with the front bedroom boasting a vaulted ceiling. The laundry is also located upstairs for convenience, with shelves to keep things organized.
More information and photos of this lovely Kennet Lane townhome can be found on our website.
Custom Home For Sale in Arlington Hills
Recently completed custom home by Korben Homes in Arlington Hills features exceptional quality and craftsmanship throughout. Five bedrooms and four baths include a first floor guest suite. Also included on the first floor are a paneled study with french doors, a formal dining room with a drop tray ceiling, a large (17′ x 16′) family room with a beautiful stone fireplace, paladian windows and a custom coffered ceiling, and an open kitchen with a prep island and custom built, warm honey-toned cabinetry.
A custom wood balustrade accents the staircase railing and upstairs landing. Bedrooms are all large, and a retreat/media/game room measures 18′ x 16′. The master suite has a spectacular bath and an enormous closet that has been fitted with custom storage.
Too many fine details to list - you can see a complete virtual tour of 9216 Arlington Hills Drive on our website.
Custom Home In Mint Hill For Sale
This amazing custom built home by Korben Homes has just been listed with Schwebel & Associates. Features include 4 bedrooms and 3.5 baths. There is a fireplace in the master suite, along with built-ins. Two of the bedrooms share a jack & jill bath, and the last has a private bath. Hardwood floors on the main level continue up the staircase into the upstairs hallway. Wrought iron balusters accent the railing. The kitchen includes a large prep island/breakfast bar with a vegetable sink, granite counters, dual wall ovens, stainless steel Jenn-Air appliances, and a pot-filler faucet above the 6-burner stove.
Located in Mint Hill in the new community of Waterleaf, this home is surrounded by 1.3 wooded acres. More information on 9303 Bales Lane including a complete virtual tour, can be found on our Properties page.
Wachovia Championship in Charlotte Through May 4
UPDATE - Monday’s Pro-Am has been cancelled due to weather.
For the next week, through May 4, the Wachovia Championship golf tournament returns to Charlotte once again. Tiger Woods won’t be here this time (knee surgery), but it’s still a strong field as usual. I believe that tickets are sold out, but Mulligan tickets can be bought most days at the parking areas. Mulligan tickets are ones that have been turned in by patrons leaving the tournament earlier in the day. They are resold for a nominal amount and allow last minute spectators to see the tournament. It’s a great idea.
The well-run tournament is always a great way to spend the day and enjoy the beautiful surroundings of Quail Hollow Country Club.
For more information, visit Wachovia Championship.
