Waxhaw, NC Real Estate News

By Martin Real Estate Team, w/ Southern Homes of The Carolinas
(Southern Homes of The Carolinas. - Martin Real Estate Team)
Hunter Oaks Homes in Waxhaw, NC is a wonderful community in the Suburbs of Charlotte Real Estate for Sale.   This Waxhaw, NC Subdivision helps create  the small town lifestyle that is alive and well. Waxhaw has small town life down pat as it is home to fewer than 10,000 people. Imagine living in a town where you can enjoy delicious candy shops, along with skate parks, recreation parks, art galleries and museums, and unique shopping locations. Buying a Waxhaw, NC Home for Sale offers all of this and more. Thanks to variations in weather, Waxhaw celebrates all four seasons with favorable temperatures for most of the year. Waxhaw is located nearly 3 hours from the beach and the mountains, which allows outdoor enthusiasts the best of both worlds. Community involvement is offered on a grand ...
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By Dean L. Davidson
(Keller Williams Realty - Ballantyne)
Fence sitters may be dealing with an opportunity lost by trying to time the market in hopes of a "better deal".  The following demonstrates that which we have been saying for months. As the pressure for higher mortgage rates has increased in recent weeks, investors have speculated that the Fed would step in to "defend" certain interest rate levels, but that hasn't happened. This week, Fed officials explained that their mortgage-backed securities (MBS) purchases are designed to support the mortgage market and not to set rates. The Fed's MBS purchases of $25.5 billion this week were similar to levels seen in recent weeks. Disappointed that the Fed hasn't increased its quantity of asset purchases, investors sold MBS this week, and mortgage rates moved higher. A number of factors have been ...
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By Dean Davidson, ABR/CSP
(Keller Williams Realty-Ballantyne)
Market Conditions Improving.... The North Carolina Association of Realtors has reported in the May/June issue of "For The Record" that foreclosures fell 42% in North Carolina in the 1st Quarter, while filings rose 24% nationally, as compared to the same period last year, 2008. Nationally, the United States median home price rose 4.2%, considerably higher than the normal seasonally adjusted increases of 1.8%.  Over 55,000,000 US households can now afford to purchase median priced homes of approximately $200,000.  And of course, due to the first-time homebuyer tax credit, that segment accounted for 53% of all home transactions in March.                                                                                                                                            In Addition.......
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By LePage Johnson, Charlotte Lake Norman Homes
(Keller Williams Realty)
Charlotte Area Featured Listings Waxhaw, NC Town Data Town: Waxhaw Year Established: 3,600 County: Union Est. Population: 3,600 Population Per Sq. Mile: 1256 Schools Est. Household Income: $66k Median Resident Age: 32.7 Est. Home Price: $201,000 Miles From Charlotte: 20 Walk Score Zip Code(s): 28173 Nearby Towns: Weddington, Marvin, Mineral Springs, Lake Wylie, Wesley Chapel, Monroe, Indian Trail Waxhaw, NC is located just south of the city of Charlotte and has a population of just fewer than 4,000. Its lower taxes, beautiful landscape and quality schools have made it one of the Charlotte areas leading places to live. Beautiful homes, rapidly growing commercial and retail real estate has made convenience and job growth strong points for Waxhaw as well. With an average family income of ...
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By Libby Offnick, ABR, e-PRO, SPS
(RE/MAX Executive Realty)
Copper Run in Waxhaw A new community from Niblock Development is featuring a full portfolio of plans ready to customize.  Bluto Builders is now a select custom builder in Copper Run and will offer full design services.  Copper Run features acre plus wooded lots and will adjoing the proposed  Carolina Thread Trail and is located just outside of Historic Waxhaw.  Lots for crawl spaces and basements.  Call for information and lot availability.  Libby Offnick (980) 722-2977   Craftsman style stone and stucco home with wrap aound porch welcomes you home.  Main level master with luxury bath and access to covered porch.  Keeping room adjoins kitchen and breakfast for casual entertaining or a formal Great Room with great architectural details. A private study and formal dining room complete th...
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By Libby Offnick, ABR, e-PRO, SPS
(RE/MAX Executive Realty)
It is that time of year.....Farmers Markets are opening and you should visit historic Waxhaw just outside of Charlotte on Hwy 16 (Providence Road).  Local farmers share their produce and cooking tips. Check out FitCity Challenge for more locations and recipes.  Great resource for getting healthy.   WAXHAW FARMERS MARKETOn NC 16 North in downtown Waxhaw. 9 a.m.-3p.m Saturdays, 3.6 pm Tuesdays. Mostly local produce, herbs, flowers, eggs, honey, baked goods and goat's milk soap. WIC-approved market. Take NC 16 (Providence Road) to Waxhaw; market is on the right just before the railroad tracks and under the water tower. Look for tents. Veggies and fruit picked that morning.....make it a family shopping event.  Cooking suggestions from great southern cooks.....just ask.
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By Libby Offnick, ABR, e-PRO, SPS
(RE/MAX Executive Realty)
Libby Offnick | RE/MAX Executive Realty | 980-722-2977 LOT 75 Huntcliff, Waxhaw, NC Luxury home plan to be built by Bluto Builders. This home can also be built with basement--lots availalbe. 4BR/4.5BA Single Family House offered at $699,900 Year Built 2009 Sq Footage 4,012 Bedrooms 4 Bathrooms 4 full, 1 partial Floors 2 Parking 3 Car garage Lot Size 1.778 acres HOA/Maint $43 per month DESCRIPTION The elegance of stucco & stone with a wrap around porch invite you home. Screen & covered porches get you in touch with nature. Chef's kitchen adjoins keeping room & breakfast. Main level master and 3 bedrooms and baths upstairs. see additional photos below PROPERTY FEATURES Central A/C Central heat Fireplace High/Vaulted ceiling Walk-in closet Hardwood floor Tile floor Family room Living room...
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By Libby Offnick, ABR, e-PRO, SPS
(RE/MAX Executive Realty)
Union County is home to a large equestrian population and many private stables. In addition, the Charlotte Steeplechase holds its Queen's Cup races the last Saturday in April at the beautiful Brooklandwood racecourse in Mineral Springs just outside Waxhaw. 2009 Queen's Cup Steeplechase VENUE:  The Queen's Cup Steeplechase racecourse is situated on 280 preserved acres in Mineral Springs, North Carolina, in bucolic Union County. RACE DATE:  April 25, 2009            LOCATION:  Mineral Springs, NC (approx. 45 min. from downtown Charlotte & less than 20 minutes from the I-485/Providence Road or Johnston Road interchange) SCHEDULE:  All-day event. Gates open at 10 am - close at 7 pm. OPENED:  Inaugural Race Meet held on November 18,1995, originally called the "Taste of the ‘Chase". Attracted...
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By Dean L. Davidson
(Keller Williams Realty - Ballantyne)
We are closing in on almost 4 months since the benefits of the Stimulus Package for home buyers was announced.  Unfortunately, the incentives have not yet spurned an appreciable amount of buying activity, though some markets have reported some modest upswings in the past 3 months. So, why haven't the results been more dramatic.  To begin with, the stimulus package didn't reach deep enough into the population to benefit all buyers at all levels of the economic scale.  Anyone that is not a classified "first time buyer" does not get the $8,000. Federal tax credit that is promised the first time buyer.  They are also the ones who can afford in many cases to wait and try to time the market, hoping for a better deal.  They are not likely to be that smart, and will not benefit by waiting near ...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
What happened in the Waxhaw NC real estate market during the first three months of 2009? This post will summarize first quarter real estate sales in Waxhaw NC plus compare average sold prices with 2008 closed prices. Waxhaw NC Real Estate Market Report--January to March 2009 Single Family Homes in Waxhaw NC Number of Sales:  29 Price Range:  $167,000 to $682,500 Average Heated Area:  3194 sq.ft. Average Price:  $319,179 Average 2008 Price:  $307,668    Change: +3% Average Days on Market:  126 Number of Contracts Pending:  22 Most Active Neighborhood:  Cureton Current Active Listings on Market:  248 Townhomes and Condominiums in Waxhaw NC Number of Sales:  6  Price Range:  $100,000 to $151,330 Average Heated Area:  1288 sq.ft. Average Price:  $132,605 Average 2008 Price:  $157,131    Cha...
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By Dean L. Davidson
(Keller Williams Realty - Ballantyne)
TARP funds must be finally in play now- check out our LOW Jumbo and Super Jumbo 30 yr fixed rates!  Here's a sample of Primary Home Purchase money rates today, up to 0+1, with escrows for a borrower with median credit of 720-760.  These are subject to vary based on loan amount, occupancy, LTV, credit quality and other factors.  Conforming (using 250K as amt)              30 yr fixed                    4.75% 15 yr fixed                    4.375%                                                                                                 5/1 ARM, 30 yr am         4.125%   Jumbo (using 650K as amt)                                                                               30 yr fixed                    5.875%             15 yr fixed                    5.25%                           ...
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By Dean L. Davidson
(Keller Williams Realty - Ballantyne)
It's been longer than I like between posts, but I have been watching with interest the effects decisions in Washington are having on our futures, and what is being done or promised with our money.  Some of the measures I advocated last August in the wake of Fannie Mae and Freddie Mac failing, are finally being done.  Maybe not as far reaching as it could to get the real estate market turned around, but enough to benefit a lot of home buyers and, consequentially, sellers. The American Recovery and Reinvestment Act of 2009 is providing tax credits for home buyers that have not owned a home as a primary residence for 3 years, otherwise referred to as first time buyers.  This is not a permanent program, but offers a generous short term window of opportunity to take advantage of three things...
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By Lori Baden, Be At The Beach!
(EXP Realty LLC)
Copyright 2009 monroescoop.com Union County, NC 28110 Snow in the Carolinas! A 2nd time this year!   Twitter Friend @SteveSherron, of the Monroe Scoop took some of my simple shots, taken with my i-Phone and made this little video.  This is my farm, Blessing Hill, located in Waxhaw, North Carolina.  I love the outdoors and even when it snows, I like to be out  "in it."  One of the great things about Waxhaw, is that there are many scenic farms, and  beautiful parks, like Cane Creek  where you can enjoy the great outdoors, and scenic views.  And yes, we do REALLY have four seasons.  These shots are proof!  I hope all of you take time out of your busy day, to stop and look around you, and enjoy the great outdoors.  Have a great day!   P.S.  Please check out Steve's site at the Monroe Scoop...
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Charlotte Real Estate Price drops Top 10 Reduced Homes in South Charlotte & Union County (Area 5, Area 10) Last Updated: Thursday, January 20, 2009 $1,999,999 Pellyn Wood $699,000 Myers Park $1,450,000 Old Foxcroft $1,149,000 Myers Park $399,000 Myers Park Reduced by: $399,901 (16.6%) Reduced by: $100,900 (12.6%) Reduced by: $200,000 (12.5%) Reduced by: $150,000 (11.5%) Reduced by: $51,000 (11.3%) $400,000 None $62,900 None $53,500 None $359,900 Stonebridge $849,900 Chatelaine Reduced by: $550,000 (55.8%) Reduced by: $31,600 (33.4%) Reduced by: $26,400 (33.0%) Reduced by: $119,100 (31.4%) Reduced by: $300,100 (26%) Come back weekly to view the biggest price drops of the week! Keith is a Realtor with Wilkinson & Associates in the South Charlotte area. He is a member of the National, Nort...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Do you want to know how the Waxhaw NC real estate market fared in 2008? This post will summarize the 2008 real estate sales for the town as a whole plus report on the most active neighborhoods within the Town of Waxhaw. 2008 Real Estate Market Report for Waxhaw NC Single Family Homes Number of Sales:  156   Price Range:  $84,000 to 644,990   Average Heated Area:  2815  sf   Average Price:  $307,668   Average Days on Market: 109 Townhouses and Condos Number of Sales:  12  Price Range:  $118,000 to $180,850   Average Heated Area:  1334 sf   Average Price:  $157,134   Average Days on Market:  113     Most Active Neighborhoods in Waxhaw NC 2008 Single Family Neighborhoods Harrison Park  Years Built:  2002-2008 Number of Sales:  22   Price Range:  $102,275 to $188,000   Average Heated Area: ...
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By Carol Fox, Helping You Discover Charlotte's Best Small Towns
(Allen Tate Company 704-905-3935)
Cureton is the newest walkable neighborhood in Waxhaw, NC, once an historic railroad town in a rural setting of horse farms and rolling farmland.  Located on 380 acres at the intersection of Providence and Cuthbertson Roads just north of downtown Waxhaw, Cureton is designed to be a mixed use development of retail shops, offices and homes.  The neighborhood, consisting of both single family homes and townhomes, has something for everyone.  Walk to the grocery store or one of the restaurants in the retail center.  Enjoy the 4000 sq.ft. amenity center at the entrance to the neighborhood.  The clubhouse includes a library, kitchen and a fitness center.  A junior olympic pool and a playground complete the outdoor amenities.  Walking trails through the natural areas separating the residential...
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By LePage Johnson, Charlotte Lake Norman Homes
(Keller Williams Realty)
Charlotte Area Featured Listings Waxhaw, NC Town Data Town: Waxhaw Year Established: 3,600 County: Union Est. Population: 3,600 Population Per Sq. Mile: 1256 Schools Est. Household Income: $66k Median Resident Age: 32.7 Est. Home Price: $201,000 Miles From Charlotte: 20 Walk Score Zip Code(s): 28173 Nearby Towns: Weddington, Marvin, Mineral Springs, Lake Wylie, Wesley Chapel, Monroe, Indian Trail Waxhaw, NC is located just south of the city of Charlotte and has a population of just fewer than 4,000. Its lower taxes, beautiful landscape and quality schools have made it one of the Charlotte areas leading places to live. Beautiful homes, rapidly growing commercial and retail real estate has made convenience and job growth strong points for Waxhaw as well. With an average family income of ...
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