Charlotte, NC, Terry's Blog
I keep an eye on the Charlotte real estate market: its communities, its economy and the local micro markets.
RECENT BLOG POSTS
How Did The Over $1M Market Get So Messed Up? We know there is a lot of inventory- 54 months according to my last post based on the first 9 months sales of this year... an almost 5 year supply of homes. Does the word sub-prime, or Pick-A-Pay mean anything to you? Or my preferred term, Junk Financ...
11/08/2009
Charlotte NC The Stimulus Plan and Charlotte- State Politics at Work Again AS Charlotte Receives $34.09 PP, Lenoir County $744 PP Everyone is familiar with the national brouhaha behind The Economic Recovery Act, aka the stimulus plan... Is it possible that, at the State level, the funds could hav...
11/07/2009
Charlotte NC It's a new game with tax credits on until April 30, 2010!!! "The $8,000 Tax Credit Looks Good, But how do I make a good decision when buying a home in today's market?" A recent Charlotte home buyer asked me... and made me think. If you listened to the talking heads on TV, you would b...
11/07/2009
In Search of Perfect "Advertising"- A Compelling Medium that Makes the Phone Ring With People Who Know Why They are Calling... 've looked for that perfect medium for 20 years. I've blogged for the past 18 months with substantial business (if not literary) success, and before that I ran large pay ...
03/29/2009
If the bank listed the home at the BPO price, When is the bank most likely to begin accepting that lower price (80% of List) offer? Deciphering bank motivation... I know I know, it may somewhere between astrology and palm reading, but here goes... Here in Charlotte, where home values (though m...
03/12/2009
A new page at Charlotte Communnities is perfect for that person who just found out they were being transferred to Charlotte NC, or perhaps they've hearcd about Charlotte. If that's you , then you'll want to Vist this Charlotte NC page- it will take you from an overview of Charlotte, to a look at...
02/15/2009
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TerryMcDonaldRealEstate.com, the McDonald Team at Wilkinson and Associates, has a newly expanded website, with many upgrades to its pages.Some of the long awaited re-writes are here: the best Charlotte Luxury Homes Page, includes a beautiful slide show of Charlotte luxury custom homes from Southp...
02/15/2009
Yes its bad out there. It is hard to turn on the TV news and not see something Bad about Housing. Our market hovers between 50 and 65% of 2007 volume, but that means we have a similar sales volume to 2003. But prices are doing much better A Texas Broker hit it on the head when she stated: All Rea...
01/31/2009
Terrific Home for Sale, Real Estate and market report posts From Charlotte NC Know Where you want to live in Charlotte? Use Charlotte Real Estate Charlotte Home prices Up since 2006 says Case Shiller. I've been working on a Charlotte First Time Homebuyer Guide to help first time Charlotte home bu...
01/06/2009
South Charlotte, About Zip Code 28277 A Deep- Market Homes for Sale Report Charlotte NC South Charlotte zip code 28277 has been a vibrant, and as you'll see below very ehalthy real estate market for more than 2 decades. Home to 4 country clubs including Ballantyne, 28277 boasts the highest per...
01/06/2009
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Charlotte NC- A relocated northerner came to build a life in Charlotte NC- I now try to preserve its Southern charm and move it into the future, at CharlotteCoomunitiesOnline.
At Terry McDonald Real Estate I tackle the traditional real estate problems and issues buying and selling homes- including market conditions, national market conditions, and the new home/custom home industry.