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!
Area 3 Brick Ranch For Sale in Slatewood
This brick ranch in Slatewood, Area 3, features 3 bedrooms and 2 baths. Hardwood floors (some original) can be found throughout the home. A formal living room is open to the formal dining room. The kitchen has been renovated and now has 42" light oak cabinetry, a new dishwasher, microwave, floor, countertops, and disposal. There is a cozy breakfast nook in the kitchen as well.
The family room was extended and is very roomy. There is a wood-burning fireplace at the center of this room. French doors lead to the deck and fenced yard out back. The deck has a ramp for handicapped access.
Bedrooms are all a nice size and closet space is abundant throughout. Both bathrooms have a walk-in shower.
See more photos and a floorplan for this Slatewood brick ranch on our website.
Amity Gardens Home For Sale
Another new listing from Schwebel & Associates - this circa 1957 brick ranch has 3 bedrooms and 1 full bath. It is located in an established neighborhood, Amity Gardens, just minutes from the Plaza-Midwood area and downtown Charlotte. A living arbor arches across the entry. Gorgeous hardwoods are a highlight, as is the renovated kitchen with stainless steel appliances and a ceramic tile floor. The full bath has been renovated as well.
Large windows allow natural light to flood the interior. There is a large (6′ 9" x 17′ 6") storage/mud room adjacent to the kitchen. The back yard has been fenced and is very large and level.
See more photos and information about this brick ranch on our website.
Oak Island NC Property
Oak Island is arguably one of the last great opportunites to buy properties along the coast of the Carolinas at affordable prices. As the nation has seen a downturn in Real Estate markets the Carolinas have remained resilient. That doesn’t mean however, that there still aren’t opportunities around. Check out this property listed for sale and then check out a bit about Oak Island and what is in store for the next few months and years.
Oak Island is approx. 4 hours from Charlotte and getting closer all the time as the roads are improved and speed limits raised.
Newcomers Of The Week
Many people in Charlotte and around the country are realizing that there are opportunities to be had in Real Estate. It’s funny that so many folks seem to forget the old adage buy low-sell high! It applies in stocks, real estate, or whatever. We had two of our clients (see featured article from the Charlotte Observer) who took advantage of a seller who was willing to sell the house below market value in order to get their equity out. Our clients will have to put in some cosmetic repairs and spruce the place up, but at the end of the day they were able to buy the house cheaper than most of their neighbors. With solid schools and a great location this was a great opportunity. Many people are beginning to ask themselves how long will these deals remain on the table from motivated sellers and homebuilders looking to get rid of excess inventory. Centex homes recently had a one weekend blowout event to reduce the inventory of completed homes. It worked and they have a much smaller number of available homes and their prices have been restored to the previous levels. If you didn’t buy that weekend you might have missed an opportunity. I don’t have a crystal ball - if I did I would be in Vegas knowing when to bet it all on black 17 - but I do know that the way to make money in America still involves the concept of buy low-sell high. (A correction for the article - the Stallsworth’s bought in Indian Trail)
Charlotte Real Estate Rises in Value
Real Estate is local in nature - what happens in one market doesn’t necessarily have any bearing on what happens in another market. See the links below-one describes the whole country and one describes Charlotte. Our market never got superheated, so we haven’t had a crash. We still have companies moving jobs here and local companies expanding - that means more people, therefore, more housing.
Cotswold Condominium For Sale
Another new listing from Irv Schwebel & Associates - this 2 bedroom, 2 bath condo in the heart of Cotswold is very secluded and faces a wooded common area. It was recently painted in neutral tones, and features laminate hardwood floors in most rooms. The kitchen is large and has a window to the great room. The dining area has a mirrored wall to add a feeling of spaciousness. Enjoy evenings on the covered patio with a railing. The neighborhood shares a clubhouse, tennis courts, and a pool. Convenient to shopping!
To see this listing, contact our office.
Time To Invest In Charlotte Real Estate?
Have you entertained the idea of supplementing your traditional investment portfolio with one or more residential rental properties? Recent changes in the mortgage market could make such a move favorable.
The window has all but closed for those with limited credit and no money down to purchase a home. For several years this segment of the population has been able to purchase their homes, now they will have to revert to renting.
The opportunities that I am referring to could be professionally managed, so the bulk of traditional landlord duties are off of your shoulders. I want to stress that this type of investment does not produce huge returns in the short term. What it does is provide a vehicle whereby you can leverage other people’s capital and build cash flow and equity over time.
There are many factors to be considered before buying investment property. Please give us a call or send an e-mail. We will be glad to discuss the possibilities with you.
Charlotte Real Estate Trends!
New on our website are several reports on Charlotte Real Estate Market trends! These reports show average sales price, months supply of inventory, and more. We will continue to offer the sales reports from REALTOR Reflections magazine here on the blog, but the more detailed reports will be offered on Top Charlotte Agent and updated each month.
Charlotte Real Estate Sales Trends - August 2007
Here is the latest report on Charlotte Real Estate Trends courtesy of REALTOR Reflections magazine, October issue.
This report shows recent trends in 4 different areas of the Charlotte Real Estate market, including average days on the market and the average closing price.
This report is a general overview of the Charlotte area - for more detailed information, feel free to contact our office.
