Archive for Mecklenburg County
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The Charlotte Chamber of Commerce has put together a series of maps that show estimated commute times from certain points in the metro area. This is a pretty cool tool for folks thinking of moving to Charlotte and are unfamiliar with commute times in different parts of the city. The times are only estimates, of course. Included in the report are occupations shared by residents in the various areas, thus allowing those who might be currently unemployed to use this information while searching for employment. The study focused on 15-30 minute drive times in 15 different areas of Charlotte.
Check it out at:
Charlotte Commuting Time Estimator
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“I wish I would have bought when the market was low.”
The article below sums up where the real estate market is today and makes the case for buyers to take advantage while the getting is good.
I am constantly asked what I think the Charlotte real estate market is going to do tomorrow
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Located in Southeast Charlotte, NC in prestigious Providence Country Club, this home is a great buy at $435,000! Built in 2005, it features 5 bedrooms and 3.5 baths, with a
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The Carolina Heelsplitter (a local species of freshwater mussel) is back in the news. The Charlotte Busines Journal wrote on October 31st about the latest development and restriction news in Union County - a rural/suburban county SE of Charlotte NC.
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When the real estate market slows down, and there are more sellers than buyers, homeowners can no longer dictate to the market what price their home will command.
It doesn’t matter how much you paid for your home, or how much money you have in it after improvemennts, or how much you need to net after the sale. The market determines the price, period!
If the figure that a homeowner is asking is way above market price then there will be little if any showings and no offers. As the asking price approaches market value, showings will increase as will the probability of an offer. However, the offers will be less than full price and show a trend.
If your home is priced close to market value you will have even more showings and an offer sooner. You can even price the property lower than the market and it will still show it’s influence with more than one offer and the sales price will be bid up to where the market is.
It drives me crazy that people seem to forget simple econ 101 when it comes to selling their home - and insist on making irrational decisions when setting an asking price.
What do you think? Am I full of it or am I just saying what needs to be said to an unrealistic public?
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If you ever wonder why Charlotte North Carolina is so beautiful just look at our parks. It’s wonderful to see that not all of our city is taken up by Real Estate and that’s difficult for me to say considering I’m a Realtor. Colonel Francis Beatty Park is located in Southeast Charlotte and has some of the best areas to enjoy. There’s a lake for boating, several ball fields and biking trails. There’s a great park located on Pineville Matthews road between Rea and Providence roads that is so great (Davies Park). Nestled among fine homes this park has several soccer fields and plenty of areas to enjoy. The recently added dog park in Davies are some of the best, with a large dog area that is over 3 acres!
Our Greenway system is continually being expanded and has become extremely popular with walkers, bikers, runners, and others. I guess that I’m just spoiled here!
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When I speak with new clients, the most often asked question is, “Where should I live?” Well, that depends on your needs. If you have school age children you need to be considering the best schools. As a parent that moved here over 26 years ago my research was limited. Now I would go to NCReportCards.org and schoolmatters.com. In addition, for Charlotte North Carolina schools, you can go to CMS.K12.NC.US. My clients have used these sites and find them to be worthwhile. We were lucky that in spite of not having accessible data we landed in the better school zones. Our children are grown, out of grad school with outstanding careers here in Charlotte.
So what else is important in order to find that great home in that perfect community? Selecting that right Realtor that cares more about your success happiness than the income they will receive. E-mail me with your questions and concerns on these two very important topics and I’ll elaborate. I can be reached at Irv@TopCharlotteAgent.com
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Go to Google maps and put in your home address and then click the Street View tab. I did mine and it was unnerving how the feel of my street came through as I panned around the cul-de-sac. We have been looking into how to incorporate googlemaps into our site as we have found it very useful. I was reading an article in my monthly Realtor magazine and thought this would be cool to check out. It currently covers 40 cities and I haven’t been able to spend the time to see if this includes the suburbs as well, but what an incredible tool for home buyers relocating from somewhere else. For the first time our buyer clients will be able to get a feel for not just an individual home, but the surrounding streetscape. Lynn, our web guru says it creeps her out. She’s sending a link to her parents who don’t like the idea of big brother looking over their shoulder-better watch out he’s here!
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Is it a buyers market or sellers market? The most often asked question is this a good time to buy or sell Real Estate in Charlotte North Carolina? That depends on who you are. As of May 08 we have 2386 sold in May with an average of 91 days on the market. I’d say that’s back to normal for this agent.
If I’m a seller I need to price my home aggressively. I need to know that there are other homes in Charlotte that are doing the same. I have to be well presented both inside and out so that when someone is looking for homes for sale in Charlotte they will see the very best. As the inventory begins to dwindle in Charlotte North Carolina it will quickly become evident that the market has swung to the seller.
Some sellers believe that many Realtors like a quick turn and therefore we price our homes too low. Well this Top Charlotte Agent believes that you have to price it correct and it will sell. The true market value of a home in Charlotte is set by the buyer and not anyone else. I want my clients to get the most for their home, in the lease amount of time and with the least amount of effort. I’ve been representing clients for 18 years in the greater Charlotte North Carolina area and I clearly understand the importance of pricing it right and presenting and marketing it well.
Our housing market reports page offers several market reports on various real estate areas of Charlotte.
Does anyone have any experiences both good and bad that they would like to share?
The Charlotte Chamber of Commerce has put together a series of maps that show estimated commute times from certain points in the metro area. This is a pretty cool tool for folks thinking of moving to Charlotte and are unfamiliar with commute times in different parts of the city. The times are only estimates, of course. Included in the report are occupations shared by residents in the various areas, thus allowing those who might be currently unemployed to use this information while searching for employment. The study focused on 15-30 minute drive times in 15 different areas of Charlotte.
Located in Southeast Charlotte, NC in prestigious Providence Country Club, this home is a great buy at $435,000! Built in 2005, it features 5 bedrooms and 3.5 baths, with a