This Month In Real Estate – July
26 07 2010Comments : Leave a Comment »
Tags: Real Estate, Sellers, Buyers, FHA Loans, Keller Williams
Categories : Buyers, General Information, Local Information, Sellers
Coldwell Banker United – 10 Day Sales Event Starting this Saturday, June 19th
17 06 2010
Starting June 19th, properties all over the Charlotte and the Lake Norman area will be participating in Coldwell Banker’s 10-Day Sales Event. Participating properties will have at least a 2% percent price reduction for 10 days only!
To find participating properties, check the Charlotte Obsever, News@Norman, Trulia.com, Homes.com and www.10daysalesevent.com.
There will be Open Houses for quite a few of these homes throughout the area.
Coldwell Banker Mortgage will be kicking in an additional $350 toward Buyer Closing Costs when they use Coldwell Banker Mortgage during this 10 Day Event!
As of today, there is still time to add your home to the event!
For more information on participating homes in the area, please call and we will provide you with a complete list!
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Tags: Amity Creek, Buyers, Charlotte, Coldwell Banker United, Denver, Lake Norman, Lincoln County, Michelle Pate Nantz, Michelle's Homes for Sale, open house, Real Estate, Sailview, Sellers, Sherrills Ford, The Gates at Waterside Crossing, Windsor Forest
Categories : Buyers, Local Information, Sellers
Charlotte Multiple Listing Release Stats for April 2009 Plus My Stats for Denver/Lincoln County, NC
8 05 2009I am always curious to see how we are doing in comparison to last year. I have attached some information, I think you will find helpful!
This data would include all of the Multiple Listing Services Area, such as Lincoln County, Catawba County, Mecklenburg County, Iredell County, Gaston County and a few more.
Pending Contracts: April 2008 – 2,992 / April 2009 – 2,269
New Listings: April 2008 – 6,583 / April 2009 – 5,050
Closed Homes Reported: March 2008 - 2,659 / March 2009 – 1,671
Mortgage Rates: April 2008 – 6.03% / April 2009 – 4.78%
To See the Exact Information Provided by CMLS, Please CLICK HERE.
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Lincoln County Home Sales Statistics
I decided to take this a step further and look at the stats on our side of the Lake, so take a look at these.
Number of Homes Currently on the Market in Lincoln County: 821 Homes
Number of Homes Currently on the Market in Denver Only: 421 Homes
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7196 Catawba Springs Road - Listed at $135,000 - Available Immediately!
Denver Only Homes $1 – $150,000 Currently on the Market – Total – 30
Number of Homes $1 – $150,000 Currently Under Contract – Total – 6
Number of Homes $1 – $150,000 Sold Since 4/1/2009 – Total – 4
There is 6 Months of Inventory at the Rate these Homes are Selling Currently.
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1978 Clarence Chase lane - Listed at $249,900 - Available Immediately!
Denver Only Homes $150,000 – $250,000 Currently on the Market – Total – 54
Number of Homes $150,000 – $250,000 Currently Under Contract – Total – 13
Number of Homes $150,000 – $250,000 Sold Since 3/7/2009 – Total – 11
There is 4.5 Months of Inventory at the Rate these Homes are Selling Currently.
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7257 Drury Lane - Listed At $340,000 - Available Immediately!
Denver Only Homes $250,000 – $350,000 Currently on the Market – Total – 61
Number of Homes $250,000 – $350,000 Currently Under Contract – Total – 0
Number of Homes $250,000 – $350,000 Sold Since 3/7/2009 – Total – 5
There is 24.4 Months of Inventory at the Rate these Homes are Selling Currently.
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4050 Marydel Lane - Listed at $359,900 - Available Immediately!
Denver Only Homes $350,000 – $450,000 Currently on the Market – Total – 35
Number of Homes $350,000 – $450,000 Currently Under Contract – Total – 7
Number of Homes $350,000 – $450,000 Sold Since 3/7/2009 – Total – 7
There is 5 Months of Inventory at the Rate these Homes are Selling Currently.
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4189 Bordeaux Drive - Listed at $439,900 - Available Immediately!
Denver Only Homes $450,000 – $550,000 Currently on the Market – Total – 45
Number of Homes $450,000 – $550,000 Currently Under Contract – Total – 2
Number of Homes $450,000 – $550,000 Sold Since 3/7/2009 – Total – 2
There is 22.5 Months of Inventory at the Rate these Homes are Selling Currently.
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264 Thistle Glen Court - Listed at $649,900
Denver Only Homes $550,000 – $650,000 Currently on the Market – Total – 48
Number of Homes $550,000 – $650,000 Currently Under Contract – Total – 3
Number of Homes $550,000 – $650,000 Sold Since 3/7/2009 – Total – 1
There is 24 Months of Inventory at the Rate these Homes are Selling Currently.
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3642 Lakeshore Road South - Listed at $699,900 - Available Immediately!
Denver Only Homes $650,000 – $750,000 Currently on the Market – Total – 28
Number of Homes $650,000 – $750,000 Currently Under Contract – Total – 1
Number of Homes $650,000 – $750,000 Sold Since 3/7/2009 – Total – 1
There is 28 Months of Inventory at the Rate these Homes are Selling Currently.
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3746 George Court - Listed at $799,900
Denver Only Homes $750,000 – $850,000 Currently on the Market – Total – 23
Number of Homes $750,000 – $850,000 Currently Under Contract – Total – 0
Number of Homes $750,000 – $850,000 Sold Since 3/7/2009 – Total – 0
We are Unable to Calculate the Months of Inventory in this Price Range with No Solds.
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8011 Blue Water Court - Listed at $849,900
Denver Only Homes $850,000 – $950,000 Currently on the Market – Total – 12
Number of Homes $850,000 – $950,000 Currently Under Contract – Total – 2
Number of Homes $850,000 – $950,000 Sold Since 3/7/2009 – Total – 0
There is 12 Months of Inventory at the Rate these Homes are Selling Currently.
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Denver Only Homes $950,000 – $1,050,000 Currently on the Market – Total – 9
Number of Homes $950,000 – $1,050,000Currently Under Contract – Total – 0
Number of Homes $950,000 – $1,050,000Sold Since 3/7/2009 – Total – 1
There is 18 Months of Inventory at the Rate these Homes are Selling Currently.
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1070 Shoreline Drive - Listed at $1,750,000
Denver Only Homes $1,050,000 and Above Currently on the Market – Total – 10
Number of Homes $1,050,000 and Above Currently Under Contract – Total – 0
Number of Homes $1,050,000 and Above Sold Since 3/7/2009 – Total – 0
We are Unable to Calculate the Months of Inventory in this Price Range with No Solds.
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Number of Lots Currently on the Market in Lincon County: 1,110 Lots
Number of Lots Currently Under Contract – Total – 7
Number of Lots Sold Since 3/7/2009 – Total – 11
There is 123.3 Months of Inventory at the Rate these Homes are Selling Currently.
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Lot 15 Halyard in Norman Pointe - Listed at $109,900 - Available Immediately!
Number of Lots Currently on the Market in Denver Only: 572 Lots
Number of Lots Currently Under Contract in Denver Only – Total – 3
Number of Lots Sold in Denver Since 3/7/2009 – Total – 7
There is 114.4 Months of Inventory at the Rate these Lots are Selling Currently.
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7936 Mariners Pointe Lane - Listed at $159,900
Number of Townhomes/Condos on the Market in Lincoln County: 20
Number of Townhomes/Condos Currently Under Contract – Total – 5
Number Townhomes/Condos Sold Since 3/7/2009 – Total – 2
There is 5.7 Months of Inventory at the Rate these Townhomes/Condos are Selling Currently.
Well That Wraps it Up…I would say that we are still in a Buyer’s Market! Don’t Shoot the Messenger! Great Time to Buy! Spring and Summer will Bring Good Things!
Don’t Forecast the NAR Forecasts a 1% Increase Over Last Year’s Sales!
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Tags: Buyers, Denver, Denver Home Sales, Lake Norman, Lincolnton, Real Estate, Sellers, Statistics
Categories : Buyers, Local Information, Sellers
Interest Abatement Options
3 04 2009
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Tags: Builders, Interest Abatement, Sellers
Categories : General Information
Why Not List Your Lake Norman Area Home During the Holidays?
16 12 2008The two most asked questions during this time of the year are 1) Should I take my home off the market during the holidays? AND 2) Should I list my house during the holidays?
The Holidays can be a difficult time to have your house shown by Realtors, but it does offer the perfect opportunity to market your home to a new audience.
Lake Norman is a beautiful area to visit during the winter (or any season for that matter). Christmas and New Year’s Guests are abundant in the homes surrounding Lake Norman at this time of year.
With so many visitors, surely a few will be inticed by our mild climate, great schools, and good business opportunities…Not counting great home prices, low interest rates, and fantastic credits that are now available. Many take advantage of longer vacation days during the holidays to go on their house hunting expeditions without losing work days.
All of these reasons, make staying on the market or putting your home on the market during the holidays a good idea!
Playing the role of the seller during the holiday with Realtors attempting to make appointments at difficult times is often a concern. The great thing about CMLS is the use of a showing service. Realtors call this showing service to schedule appts to show your home. When the call comes, if the timing is not perfect then suggest a time that you can work into your winter festivities for a showing.
Do not be concerned about your home being in the perfect state at all times. Christmas decorations in good taste add Charm to a Home and particulary the smells of those great foods and deserts that linger in the air. What a perfect time for a Buyer to see what it is like to call your House..A Home?
With a little help and advice from your Real Estate Professional all of the problems associated with having your home listed during the holidays can be overcome!
Best Wishes on Your House Hunt or Selling Your Home this Holiday Season! Happy Holidays!
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Tags: CENTURY 21, Charlotte, Denver, Lake Norman, Lincolnton, Michelle Pate Nantz, Mooresville, new homes, North Carolina, Real Estate, Sellers, Statesville, Troutman
Categories : Sellers
The “REAL” Real Estate Stats in Denver, NC
16 12 2008I hear plenty of stats from the Media with information on the US, NC, but certainly nothing specifically on the Denver Area.
Century 21 Hecht Realty Inc has the Majority of the Market Share of Closed Transaction in Denver at 17.5% and has led the Denver Market every Month of 2008.
For MLS Areas 13/4 (Denver) & 14/2 (East Lincoln Cty), Inventory is up 7%, while sales are down 51% year over year.
Breaking this information down into price ranges, $250,000 and under is steady and has been a good price range for home sales regardless of what is going on in the economy or media. $250,000 to $500,000 is down 75% year over year. $500,000 and Up is down 17%. The reason for such a small drop in the upper price ranges is due to significant drops over a longer period of time that have already transpired.
Homes are still selling but the use of a Qualified Real Estate Agent and Firm become an absolute necessity. Along with Competitive Pricing and a Perfectly Staged Home are Simply a must.
If selling is not a necessity and you, as the seller, are not completely committed towards selling the home – SELLING NOW is not the time for you.
With complete commitment from all sides, homes are selling. You may not make as much off the sale of your home, but you will find a big savings on your new home purchase plus a low mortgage interest rate.
If you are a first time home buyer or have not made a home sale in the last two years, you will also be able to cash in on the $7500 tax credit and the low mortgage interest rates.
There are lots of positives in the market. Use a Qualified Real Estate Agent to sift through the information and find the best options for you.
These are no longer the days of putting the sign in the yard and the home will sell regardless of your commitment or your Agent’s commitment to the process.
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Tags: Buyers, CENTURY 21, Denver, Lake Norman, Michelle Pate Nantz, new homes, North Carolina, Real Estate, Sellers, Westport
Categories : Buyers, Local Information, Sellers
