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
Charlotte Business Says No To a Recession By all accounts -except for a few Washington bureaucrats, our country is in a recession. Started by the crash in housing that began late in 2005, then the financial markets that began in late 2006, but really tanked in 2007, our country is an economic do...
05/04/2008
Custom Home Communities Of South Charlotte This is the establishment--if folks ask me for South Charlotte's most exclusive custom home communities, we would look at The Sanctuary, Longview, Skyecroft and Highgate. There are many others along Providence Road, and some exclusive sections of Ballant...
04/13/2008
Charlotte Home Prices Increase 2.3% in 2007 In the face of a deepening national crisis in housing, Charlotte NC home prices led the country in home price appreciation in 2007 with average home prices increasing 2.3%, followed by Portland at 1.2% and Seattle at .5%. The other 17 markets tracked b...
04/05/2008
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The Cost of Living in Charlotte- "Objectively Affordable" Why have so many people been moving from the north-east down to Charlotte, NC? Is it because they get tired of the long winters? Well that’s part of it but another major reason for moving to Charlotte is the low cost of living index. Looki...
04/05/2008
Charlotte Homes for Sale for Under $250,000 What is affordable? Why homes under $250K. Our median home sale in Charlotte is $237K. As of today there are more than 5000 homes for sale in the 9 county area covered by our MLS for less than $250,000. This many affordable homes for sale in one pric...
03/17/2008
Charlotte Appreciation Report and Homes for Sale in the following South Charlotte Communities: Providence Plantation, Beverly Crest, Hembstead, Berkeley, Providence Country Club, Ballantyne Country Club These south Charlotte neighborhoods are popular “move to” locations and begin in the south ab...
03/05/2008
Huntersville, 15 miles north of Charlotte, grows with the Queen City In 1990, there were approximately 3,000 people who called Huntersville home, it was mostly a farming community. Since then, Huntersville has exploded, with nearly 38,000 people living in Huntersville in 2007. Along the way, it ...
03/05/2008
Charlotte NC|Buying a New Home? Buy Inventory at a Discount! By Terry McDonald Purchasing a new home is challenging and these 10 rules will help you buy a new home wisely in any market, but they are doubly important when buying a new home in 2008. I am a former New Home sales rep, former builder ...
02/28/2008
Sun City Carolina Lakes- What’s Up With the Re-Sale Home Market? Some Re-Sale homes are asking higher prices, than the same model new… What? A Deep Market Report This Sun City Carolina Lakes Active adult resort style community is the fastest selling new home community in the greater Charlotte ar...
02/12/2008
Best Value in a Luxury Home is at the Palisades In the last 8 days I’ve been out looking at homes priced between $1.5M and a little over $3M. I’ve seen Charlotte’s finest builders. I’ve found high quality homes and excellent values in a handful of neighborhoods, Skyecroft in Weddington, Stratford...
02/08/2008
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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.