Archive for Union County
In most areas right now, real estate is a buyer’s market. Inventory is at an all-time high. There may be 20, 30, or even 40 homes in an area that could be ‘perfect’ for a buyer.
Maybe the buyer has fallen in love with your home . . . except . . . Read More→
“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 Read More→
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.
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?
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
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?
Stunning, yet comfortable estate home in HighGate in Weddington, North Carolina features craftsman-inspired styling and architecture. An exterior of brick and stone with cedar accents complements the natural materials found throughout the interior – stone, cedar, slate, and copper. Fireplaces are wrapped in stone with a flared base. Coffered and exposed beam ceilings highlight some rooms, with ten-foot ceilings on the first floor, and nine-foot ceilings on the second floor.
The kitchen centers on the nine foot wide cooking center, with a 48″ dual fuel professional range with double ovens. Surrounded by maple cabinetry, granite countertops, and floor to ceiling columns wrapped in stone and connected by a stone arch, this is the heart of the kitchen. A separate wine bar/drink center has an undercounter wine refrigerator, stem holder, natural stone backsplash, and a copper tile band set between two full height stone columns.
Above the four car garage (two separate two car garages) are a media room, closet space, a full bath, and an additional room. Completely separate from the rest of the home, this area would be perfect as a nanny or in-law suite.
Overlooking the built-in gunite pool is a raised, covered paver patio with an adjacent outdoor entertainment kitchen. A half bath accessible only from the pool area is great for pool guests.
You can see more photos, a complete virtual tour, and get more information for this home on Foggy Glen Place on our website.
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!
Just listed with Schwebel & Associated is this 5 bedroom, 4 bath John Wieland home in Weddington Chase. Located on a cul-de-sac, with a large yard (0.65 acres) that backs up to a wooded common area, this home is perfect for the growing family.
The main floor features hardwood floors, a guest suite, a family room with a vaulted ceiling, a spectacular kitchen, and a slate-floored ‘drop zone’. The kitchen is enhanced with granite counters, abundant cabinet and counter space, a custom tile backsplash, and a built-in refrigerator that matches the cabinetry.
The master suite and secondary bedrooms are on the second floor. The master suite includes a sitting area as well as a separate, very private office/study/exercise room. Bedroom 3 has a private bath, while bedrooms 4 & 5 share a Jack & Jill bath.
The finished third floor features flexible space which could be transformed in to most anything – a game room, a media room, play room – whatever is needed.
Other features include a home audio system, a home office network, full irrigation, and a security system – among many other wonderful upgrades!
You can see floorplans, a complete virtual tour, and more about this Weddington Chase home on our website.












