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Charlotte, NC Real Estate News

By Raine Spivey, Realtor
(REIGN REALTY)
The reports are now stating there are talks about increases in interest rates from 50 basis points to about 100 basis points.  That's a whole percent increase!  In addition to that, FHA (which is, by the way, the most viable loan product for most 1st Time Buyers) has increased their upfront premiums for mortgage insurance from 1.75% to 2.25%.  Keep in mind, this increase is not the maximum.  The National Housing Act authorized upfront premiums of up to 3.00%, but a maximum of 2.75% for first-time homebuyers who complete HUD-approved pre-purchase conseling.  This mean, there's room for more increases if necessary in the near future. With the housing market as it is today, and these predicted increases in interest rates, I feel it necessary that Buyers and Realtors alike, get serious abou...
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By Chuck Webb
(Wilkinson & Associates)
Ballantyne Country Club is set among the beautiful, rolling hills and towering trees of south Charlotte.  It offers world class private club amenities and services, and an array of features that cater to every member of the family. The neighborhood has bike paths, extensive swim and tennis facility, a Family Activities Center and a teen center. Homes are, to say the least, very spacious and filled with luxury appointments and impeccable yards. The location of the Ballantyne Country Club neighborhood in incredible. You are so close to the finest shopping and schools, and have easy highway access to anywhere in the Charlotte area.  You are also adjacent to Ballantyne Village and Blakeney Town Center, a 270-acre master-planned development. The Ballantyne club is one of Charlotte's most exc...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
South Charlotte homes for sale in Reavencrest were built by Pulte in the early 2000’s. The development is centrally located between Stonecrest and the new Blakeney shopping centers…two Targets! Its an excellent South Charlotte location sought after for its schools and fantastic neighborhood features, which include a community clubhouse,  swimming pool, tennis and basketball courts, a playground, lots of sidewalks and green space including wooded areas for the deer! There are three distinct sections in Reavencrest. They are: The Arbours at Reavencrest, which features lovely ranch and patio style homes of approximately 1600-2200 square feet and usually priced under $225,000. Reavencrest itself, with single family homes of approximately 2000-3000 square feet and price ranges between $200,0...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
Charlotte home for sale near Ballantyne at Stone Creek Ranch offers a good selection of home styles and price points to choose from. Developed by Centex in the latter 2000’s, this community sprawls over the old Cato farmland…once a place of polo ponies and riding lessons. Centex is still building in Stone Creek Ranch, so there is a great selection of ‘like new’ and new homes! Today, Stone Creek Ranch has several distinct communities within it.  Sierra is the premiere village with home prices in excess of $450,000. It has a private entrance and amenity center with both a Jr. Olympic and Children’s pool. Cimarron has two amenity centers with clubhouses, Jr. Olympic pools, and fountains. Saddlebrook features fully maintained yards and covered rear porches. Its focus is on ranch style homes...
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By Jane Cross
(Homes By Cross serving Charlotte NC Real Estate Needs)
  Located in South Charlotte, most of the homes for sale near Ballantyne are typically well over $300,000. Surprize! Listed below are a few very nice pocket neighborhoods in this area whose homes are a little older and the square footage is a little smaller.....but it's Ballantyne, and what a great area to live and make your home!Loaded with upscale shopping, good schools, restaraunts, recreational activities, entertainment and minutes from I-485.   What’s unique about these neighborhoods is that most of these homes are priced under $250,000. Cheap-for South Charlotte! South Charlotte homes listed are within the following communities-five minutes to Ballantyne: Danby: $120,000- $175,000 Winghurst: $175,000-$225,000  Woodside Village: $130,000-$200,000 Pool, Pond, Tennis, Trails Woodside...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Queen's Feast :: Charlotte Restaurant Week (Winter, 2010)   Delectables from some of Charlotte's finest restaurants, from the freshest of sushi to the thickest of steaks at anunbelievable price, are available this week at 80 restaurants participating in the Queen's Feast (Charlotte Restaurant Week).     For only $30, bring a friend, your family or simply treat yourself to three courses of culinary delights from many of  Charlotte's finest restaurants.  Charlotte Restaurant Week, has become a huge hit, bringing many Charlotte residents out for dining this week to sample some of the finest fare in the city.  This year, the number of restaurants participating has DOUBLED since the inception of Charlotte Restaurant Week in 2008. Check out the Charlotte Restaurant Week participating restaura...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Pre-Game Show!  South Charlotte Open House Sunday,  JAN 24 :: 1:00 - 3:00 p.m.Join us for a neighborhood open house in Hampton Oaks on Kuykendall Road (across from Providence Plantation) in South Charlotte before the playoff games begin!  Three beautiful new construction homes will be open for you to tour and get home just in time to watch the games. These stunning Hobart Smith homes are priced over $100K below market value!  Trade-up to one of the three completed southern style luxury homes in prestigiuos South Charlotte.  The large, open, spacious floorplans are perfect for entertaining.  You'll feel right at home when you enter these homes with luxury appointments--gleaming hardwoods, granite countertops, upgraded lighting, stinless and so much more!  The tree-preserved areas give th...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Charlotte NC Tops Forbes List of Best Cities to Buy Real Estate Now Are you are a renter?  Should you become a home buyer?  A new study may give you some answers. According to Forbes Magazine, now may be the best time in years for Charlotte NC renters to become home buyers.  Forbes created a list of top cities that are the best places to buy real estate and Charlotte NC came in at Number 2 on the list.  How did Forbes identify the best cities to buy now? First, the Forbes study looked at the premium to buy, which is the difference between what you pay monthly to own a home versus renting.  The premium to buy has dropped dramatically.  Forbes then looked at future appreciation from the five-year Case Shiller home price outlook.   A low premium to buy combined with excellent future apprec...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
The Clock is Ticking on that Home for Sale in Charlotte NC – Once Again Once again, the clock is ticking for first-time home buyers to purchase a home for sale in Charlotte NC before the tax credit runs out.  Extended in November, 2009, the first-time buyers’ tax credit is set to expire again in April, 2010, and there are no plans for another extension at this time.What does this mean for you? As a home seller, it’s time to look over your home for sale in Charlotte NC, make sure that you’ve done everything you can to put your home at the front of the buying line.  As a first-time or repeat buyer hoping to take advantage of the credit, it’s time to start looking for your new home; the binding sales contract has to be signed by April 30, 2010. Making the Buying Process EasierMany times, t...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
  You've listed your property. You've spent your evenings after work and weekends with people traipsing through your home.  You've done everything you can possibly think of and your Charlotte NC real estate is still sitting on the market while others around you are selling.  Why isn't your home selling? You've cleaned your home—you think.  Let's examine a few areas that many people tend to overlook:    ·          Have you de-cluttered?  Make your home look as spacious as you possibly can.  Collectibles and family items               are simply not appealing to buyers--you don't want to distract them and you DO want them to be able to envision             their own belongings in your home.   Too many of your 'things' make them feel as though they are intruding. ·         Have you stuffed...
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
Small tricks, great results. Turn the lights on. Ooooh.... the greenies are going to fillet me, but this works for me. If I know a showing is happening on one of my properties, and it is vacant, and I have time to flip the switch, I light that sucker up. Yep, I turn all the lights on..all of them. We here in Charlotte like to leave the lights on for you...It's a Southern thing...welcoming you home, but if you are not from the South, there are other obvious reasons. Why? 1. It's vacant. Bright is the only way a buyer will buy. Let's not dim the positives. 2. It puts the house in the best light to sell. Seriously, do dark homes sell well ? 3. If I can see it, I might buy it. Yep, buyers want to see what they are buying. 4. Navigating the house is much easier. Let's not have a trip and fa...
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By Leslie Loveless
(Standard Pacific Homes (Carolinas Division))
Just a reminder - if you were planning on taking advantage of Standard Pacific Homes' Winter Windfall Event, better act quick! The savings event ends January 31st. In the Winter Windfall Event, Charlotte homebuyers have the chance to: Pick a floorplan - Choose from any of our 48 plans and personalize it to fit your lifestyle. Select from hundreds of the latest options and upgrades from our national award-winning Design Center Pick a payment - Choose the financing program from Standard Pacific Mortgage that fits your needs Pick a package - Choose a free move-in appliance package, plus 2" faux wood blings (on Quick Move-In homes) or 50% off Design Center options (on to-be-built homes) So make sure to check out our Charlotte homes and talk to a Standard Pacific Homes representative to lear...
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I've mentioned Mountainbrook and it's wildlife before, but here are some great new photos of two hawks my daughter and I saw this morning.  This is a beautiful, mature pair, that are hanging out where a nesting pair of owls raised their young in the hollow of a tree last year.    
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By Claude Cross, Charlotte NC Homes For Sale
(Homes By Cross, Inc. )
 Southern Living at Ardrey in South Charlotte near Ballantyne! You'll find that the community of Ardrey is loaded with charm and grace as well as lots of classic southern architecture reminscent of homes in Charleston and New Orleans.   Back in 2005, Ardrey was named                   "Community of the Year" by the North Carolina Homebuilders Association. It was developed and built by The Cunnane Group of Charlotte. Regarded highly as some of their signature work. In 2005, Ardrey also took the top awards for 'Best Landscape Design'.The community backs up to a 35 acre nature preserve and incorporates an additional 12 named parks within its boundaries. The yards are compact and lawn services are handled by the home owners association. Homeowners in Ardrey enjoy a festive list of things to...
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By Terry McDonald The McDonald Group, Brokers NC/ SC
(TerryMcDonaldRealEstate.com, LLC)
Homes for Sale in Union County NC: Weddington, Waxhaw and Marvin, 4th Quarter 2009 Relax in Waxhaw NC The most popular "move to" county in nearby Charlotte NC is Union county, and these close-in suburbs  Weddington, Waxhaw and Marvin- also Matthews in Union county,  are communities of special interest to folks relocating to the greater Charlotte area. Union County is known for its bucolic setting and comfortable lifestyle, the area is served by qualioty Union County schools and the well regarded schools at Weddington (Weddington Elementary, Weddington Middle, and Weddington High School) and the campus at Marvin Ridge, with Marvin Ridge Middle School and Marvin Ridge High School, and is a comfortable commute to south Charlotte, the airport, and Uptown Charlotte. Waxhaw and Marvin familie...
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By Terry McDonald The McDonald Group, Brokers NC/ SC
(TerryMcDonaldRealEstate.com, LLC)
Charlotte|Bank of America, Bechtler and Jobs- 3 Big Stories I'll drink to the end of 2009. I think most of us will, still, it was far from all gloom, and 2010 looks considerably brighter. 2nd Tallest in Charlotte- Duke Tower WE could argue on the order, but I think these are the biggest 3 stories in 2009, really coming together in the last 45 days. Bank of America hires its new CEO from within, Brian Moynihan, who is NOT a New York guy and has promised to keep Bank of America in Charlotte. The Bank will focus on its balance sheet- doing the things they do well, better. In a city that prides itself on its "Can Do" independent spirit, it was welcome news that BOA was able to repay it's TARP loan early and with interest in December. Finance is one of the kingpins of Charlotte business, so ...
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By Terry McDonald The McDonald Group, Brokers NC/ SC
(TerryMcDonaldRealEstate.com, LLC)
#CharlotteMustSees ... so if you were visiting Charlotte for a few days to a week, what would you want to see and do? Firebird welcomes Bechtler Museum visitors Terry's Top Ten List of Charlotte "Must See's" on Twitter#CharlotteMUSTSee So you are coming to Charlotte, coming to see if moving here makes sense...  What should you do while you are here?  Where should you stay? I started with my ideas and perspectives,  then I asked the twitter-verse for help and got some new ideas Starting with the last question first, I'd stay in Uptown Charlotte, or the Southpark area. These two spots are centrally located, full of life, and easy jumping off points to the rest of the area. There is a wide selection of hotel and restaurants in each area, from the 5 star Ritz-Carlton across from Epicenter, ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte Homes For Sale - Search Charlotte MLS by Zip Code On our 'all-inclusive' Charlotte North Carolina real estate website, you will be able to find all the information you need to make an informed decision on your new home purchase. Experience, knowledge and customer service allows me the benefit of providing ultimate solutions to both buyers and sellers.  Put me to work for you!       Buying and selling Charlotte NC homes is what I do for a living (full time), I take it very seriously and can assist you with any need you may have relating to real estate in Charlotte NC or direct you in the right direction should you need the services of a real estate attorney, CPA or any other vendor related to the real estate business.  Contact one of our team's Charlotte Realtors® today! We wor...
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By Lars Hedenborg
(RE/MAX Real Estate Experts)
Enjoy the Wines of North Carolina at Gallery Restaurant in Charlotte! January 23 North Carolina Wines 6:00 pm, $15 per person January 30 Rhone Valley Wines 6:00 pm, $15 per person February 6  Wines of Argentina 6pm $15 per person February 20 Estate Produced Wines  6pm $15 per person There is nothing like living in the Greater Charlotte area! Call me when you are ready to buy into the Charlotte sweet life!
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Charlotte NC Economic Update - Celgard Announces Expansion in Charlotte and Concord Celgard, a subsidiary of Polypore International, Inc. (NYSE:  PPO), a leading supplier of microporous separators which are used in lithium-ion batteries, announced today that it will be expanding its Charlotte facility and building a new manufacturing facility in Concord.Celgard will begin in Charlotte NC,  expanding its existing Charlotte office and beginning the second half of 2010, will begin construction of the new facility in Concord.   This expansion will create 80 jobs here in Charlotte and 209 in Concord with an average salary of $56,960.  1,000 jobs will be created among Celgard's contractors and suppliers.Celgard was selected for a $49M grant from the U.S. Department of Energy, part of the Elec...
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