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Waxhaw, NC Real Estate News

By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
  Good News for housing! New Home Sales actually INCREASED…. According to data released this morning by the Commerce Department, sales of new homes hit a seasonally adjusted annual rate of 307,000 in October, up 1.3% from the previous month and up 9% from October 2010. While demand is still weak — in a healthy housing market roughly one million new homes sell each year — some experts see the uptick as a sign the long-suffering new home market may be on the mend. Call me now for your New Home!    
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By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
I have been on the low carb diet for a month and have lost 15lbs. So I'm going to use these tip that I'll share with you on Healthy Eating During the Holidays!   During the holiday season, there are plenty of tasty temptations to derail the eating plans of even the most disciplined people. Here are some tips to help avoid dreaded weight gain while still enjoying the holidays:    *Eat a light snack before going to a party. Arriving famished means you’re more likely to overeat.   *Choose beverages wisely. Alcohol is high in calories, which are stored as fat.  Watch out for calories in soda, punch and egg nog as well.   • Be physically active every day. A brisk 30 minute walk can reduce appetite and burn calories.    • Avoid recreational eating at gatherings. Use small plates, take   smal...
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By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
Anytime you lease as many houses as me you have made a lot of mistakes. Hopefully we have learned from these mistakes and can help our clients keep from making the same ones.   Here are just some of the hard lesions we have learned.  1. “Let’ set the rent high and look for an offer Tenants make decisions on what to preview based on digital photos, property descriptions and asking rent. They look at 5 to 8 homes before they complete an application. They are comparative shoppers and know when the asking rent is too high. Setting the rent high, and waiting for an offer, will guarantee you a longer vacancy. Tenants are typically not good at negotiating. Filling out an application and paying a fee, “just to see what the owner might take”, is costly and time consuming. They won’t do it!  Pri...
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By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
  According to Harvard Business School professor Laura Roberts, your professional image is the set of qualities and characteristics that represent perceptions of your competence and character as judged by your key constituents (i.e., clients, superiors, subordinates and colleagues). You must take a strategic, proactive approach to managing your professional image. "If you aren't managing your own professional image, then someone else is," says Roberts. Since your constituents are constantly observing you, sizing you up as a professional, Roberts says, "It's only wise to add your voice in framing others' theories about who you are and what you can accomplish." The first thing you need to do is determine how you want to be regarded. Most working professionals list things such as highly co...
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By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
  U.S. foreclosure filings rose an average 7 percent in October compared with September but remain below last year's levels, a new report shows. Filings rose more dramatically in the Carolinas last month. The data add to a growing belief among real estate experts that more foreclosures are on their way as the banks work through paperwork problems that led to a temporary moratorium on foreclosure filings last year. "The October foreclosure numbers continue to show strong signs that foreclosure activity is coming out of the rain delay we've been in for the past year. Foreclosure filings in North Carolina increased 35 percent between September and October. South Carolina's foreclosure filings also rose sharply, jumping 36 percent between September and October and rising 19 percent from th...
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By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
Behind Existing-Home Sales Stats The existing-home sales report is released on or near the 25th of each month. Behind the stats, you will find four important factors that help explain how existing-home sales are configured. Why existing-home sales are calculated on a seasonally adjusted annual rate. Seasonally adjusted annual rates are used in reporting existing-home sales data to factor seasonal variations in resale activity. For example, home sales volume is higher in the summer than in the winter, primarily because of differences in the weather and family-buying patterns in the U.S. How seasonally adjusted annual sales rates are calculated. When calculating seasonally adjusted annual rates, the sales rate for a particular month represents what the total number of actual sales for a y...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Lawson in Waxhaw NC Real Estate Market Report—2011 Year-to-Date Review 2011-11-14 Lawson is a planned community in historic Waxhaw NC.  Distinct villages are arranged around common areas and walking trails.  Cuthbertson Middle and High Schools are located near the neighborhood. Lawson Real Estate Market Comparison A detailed comparison of the 2011 year-to-date real estate market in Lawson can be found in the tables below.  What can Lawson buyers and sellers learn from these statistics? Forty five percent of the sales in Lawson year-to-date are new construction.  Several new builders entered the neighborhood building at a price point lower than previous neighborhood builders.  These sales combined with several foreclosures and short sales accounted for a drop in the 2011 median sales pri...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Marvin Creek Home for Sale WITH INGROUND POOL Searching for homes for sale in Marvin Creek with inground pools?  You won’t want to miss this gem!  Not only does it have a fabulous pool but, over 7,000 square feet of pure luxury!  This home includes an incredible basement that is finished to a ‘t’ and includes a full kitchen, work-out room, full bath, den, cigar/poker room and spacious bedroom–and this is only the basement!  Check out this amazing home for sale in Marvin Creek and give us a call at (704) 491-3310 if you’d like to take a private tour!  You can also reach us by email at Broker@TheCharlotteScoop.com. 125 Orchard Hill Court, Waxhaw, NC 28173 (MLS # 2036738)(all data current as of 11/12/2011)  View Virtual Tour PriceBedsBathsHome sizeLot Size $1,000,000 6 5 full, 1 half n/a 4...
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By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
Setting the right rent–preferably the first time around, is crucial to keeping rental properties profitable. Online real estate marketplace Zillow has launched “Rent Zestimates,” a one-of-a-kind tool that can be used as a starting point for determining a home or apartment’s estimated monthly rent price. Tenants and landlords alike can research estimated rent prices for more than 90 million homes and apartments across the country. The tool can be especially helpful for “accidental landlords,” who don’t have a starting point to determine market rent. Zestimates allows landlords to compare their properties to others on the market to determine a realistic rental price. Rent Zestimates offer a unique data point for landlords. Information includes a range for monthly rent, the rental price p...
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By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
  What are you doing to make sure you have a strong 4th quarter? NOW is the time to amp it up a bit so you can coast a little over the holidays. Perhaps, partnering with your grocery store for free pumpkin certificates would be a good idea and then deliver or send to your database!   Here are a few things you can do now to help your last quarter:   Choose the 3 highest payoff actions you can take and do it! Create a plan for your connecting with clients in the next 3 months. Plan a client appreciation party Call your entire database and update your information: birthdays, emails, etc Take a class on a topic you want to become more proficient in Know what production you want to create between now and the end of the year and double your prospecting time! Finetune your Social Media Plan an...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Waxhaw NC Real Estate Market Report—July-September 2011 The number of homes sold in Waxhaw NC during the third quarter dropped almost 50% from the second quarter but the median sales price increased by 1.3% to $250,000.  This is just slightly less than the median sales price for 2010. Only three townhomes sold in Waxhaw during the quarter with the median sales price dropping 11.5% to $109,900.  Median days on market for these townhomes was nearly a year. What do the third quarter 2011 numbers mean for Waxhaw NC buyers and sellers? Single family home sellers in have seen fairly stable median prices over the spring and summer of 2011.  Townhome sellers face a difficult market with plummeting prices and long selling times. Housing, both single family and townhomes, remains very affordable ...
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By Judith Parker, CRS, GRI, CMRS, Charlotte, NC
(ProStead Realty)
The Providence Equestrian Center is the home of the UNC Charlotte Equestrian Center. Today I stopped over to visit this beautiful equestrian center and enjoyed the lovely grounds and stables. The best part of this visit were the beautiful horses and look at this beauty.   I was ready to saddle up and ride. For more information visit The Providence Equestrian Center Judith Parker, CRS, GRI Keller Williams www.CharlotteHomeInfo.com jparker@kwcharlotte.com
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Waxhaw NC Homes for Sale--7123 Davis Road Are you looking for complete privacy?  But you want to be able to go shopping and eat out without driving more than ten or fifteen minutes? Perhaps you would like purchase a property that would give you the flexibility of building two more homes on it. If these features are on your wish list, check out 7123 Davis Road in Waxhaw NC.  It's a beautifully updated ranch/basement on nearly six acres. Learn more... Fall in love with this private hideaway on almost six acres. This beautifully updated ranch with unfinished basement has a wooded setting where every window reveals a leafy paradise. A covered front entry welcomes you inside. A new architectural roof was installed on this home in 2011. The unfinished basement area includes two bays for garag...
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By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
Enjoy!   PrimoPDF – A Free .PDF Converter Application. Converts any document to .PDFHP Learning Center – FREE Online learning center for REALTORS®Google Earth – The World now at your desktop and It’s now better than ever!BatchGeoCode – Map Multiple Properties. Great for MLS Tour and Open HousesZipCodeStats – Statistical Information all over the Country by City and Zip CodeAlso Try ZipSkinny, another cool siteHitTail – HitTail reveals in real-time the least utilized, most promising keywordsBirthdayAlarm – Great for tracking your clients, family and friends B-DaysAnnualCreditReport – A real online Credit Report Site for FREE –PicNik – Adjust, resize, and customize photos and images online for FREEi-Lighter – Collect, Organize and Share the WebCoolSurveys and PollDaddy – Create custom FREE...
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By Judith Parker, CRS, GRI, CMRS, Charlotte, NC
(ProStead Realty)
The following Fall Events are coming to Waxhaw, NC on the week-end of October 8th and 9th. October 8th you can enjoy.. Waxhaw The 8th Annual Autumn Treasures Arts and Crafts Festival 85 plus Artists and Crafters will be demonstrating their wares. A Food Court A space for Children to enjoy = The KIDZ Zone. Live entertainment Car Show....Approximately 75 cars will be shown. October 9th you can enjoy.. The 2nd Annual BBQ Cook-Off.   Grill and Chill on Main! Public tasting. Kansas City Barbeque Society sanctioned competition...KCBS See who wins...prize money of $5000. to $6000. to winner. This is going to be a great week-end to get out with family and friends and visit downtown Waxhaw.  There will be something for everyone to enjoy. Judith Parker, CRS, GRI Keller Williams www.CharlotteHomeI...
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By Judith Parker, CRS, GRI, CMRS, Charlotte, NC
(ProStead Realty)
In January 2011 a 5 year old boy was mauled and killed by a couple of dogs.  Since then there have been many meetings to discuss appropriate measures and ordinances for the people who live in Waxhaw, NC.  The first draft in March was overly restrictive.  After several more meetings and discussions there was a vote and all agreed. Here are the final agreed upon ordinances for Waxhaw, NC. You are allowed 5 dogs per acre. License fees are set on an annual basis. Professional breeders and animal rescuers are excluded from the restrictions concerning the number of dogs allowed. Escalating civil fines from $100. to $500. Seizure for violations. Penalties apply for maintaining dangerous dogs. Cats are excluded. Hopefully these new ordinances will maintain safety for owners and their pets. Judi...
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By Judith Parker, CRS, GRI, CMRS, Charlotte, NC
(ProStead Realty)
Today I was out and about in Union county and have driven by this equestrian center many times, so today I actually stopped and took a couple of pictures. "Cedarhill today encompasses 40 acres of fields, streams, rings, barns, and paddocks. Home to over 50 horses including boarders, school horses, and horses in training, there is always something going on!" I was so disappointed today for there were no horses grazing in this pasture.  Many times there are beautiful horses with their warming blankets moving about this pasture. To get more information visit... Cedarhill Farm Judith Parker, CRS, GRI Keller Williams www.CharlotteHomeInfo.com jparker@kwcharlotte.com
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By David Lee Morton, Real Estate Broker, Owner, Realtor®, Credit Guru
(David Morton Real Estate)
If you are a US citizen and plan on traveling or moving to another country, here is a program that you should know about. The US government provides a free program called the Smart Traveler Enrollment Program (STEP). The Smart Traveler Enrollment Program (STEP) is a service provided by the U.S. Government to U.S. citizens who are traveling to, or living in, a foreign country. STEP allows you to enter information about your upcoming trip abroad so that the Department of State can better assist you in an emergency. STEP also allows Americans residing abroad to get routine information from the nearest U.S. embassy or consulate. Here is the link https://travelregistration.state.gov/ibrs/ui/ To sign up https://travelregistration.state.gov/ibrs/ui/pages/common/CreateAccountStart.aspx  Happy T...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
The Great Waxhaw Train Wreck of 2010 One of the significant features of Waxhaw NC is the set of train tracks that splits the historic downtown down the middle.  Beautiful old commercial buildings and Victorian homes rise above the tracks.  A historic wooden bridge spanning the tracks at one end of the town offers a wonderful view of the town and its railroad. In July of 2010, one of the trains that moves through Waxhaw wrecked just outside the downtown area.  Six grain cars derailed and closed Highway 75, the main arterial through the town.  Luckily no one was hurt but businesses, neighborhoods and town officials had to work together with the railroad to re-open the street. Drive through downtown Waxhaw today and you’ll see a sculpture that commemorates this spirit of cooperation after ...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Cureton in Waxhaw NC Real Estate Market Report—2011 Mid-Year Review Located in historic Waxhaw NC, Cureton is a 380-acre mixed use development where you can find a single family home or a townhome.  Cureton residents can use the 4000 square foot amenity center with water park and community lake or walk to the nearby community shopping center with grocery store, restaurants and banks. Cureton Real Estate Market Comparison A detailed comparison of the 2011 year-to-date real estate market in Cureton can be found in the tables below.  What can Cureton buyers and sellers learn from these statistics? Both single family and townhome prices have continued to drop in 2011.  Single family median prices are down 3.8% from 2010 while townhome prices are down 16.8%.  I believe that single family pri...
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