Charlotte, NC, Terry's Blog

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Real Estate Agent - TerryMcDonaldRealEstate.com, LLC
I keep an eye on the Charlotte real estate market: its communities, its economy and the local micro markets.
RECENT BLOG POSTS
Charlotte Real Estate Market Report-Residential Single Family Homes January ‘08 Homes Prices, based on the Sold Average Cost Per Square Foot remained at $109/ sf, identical to the record setting January ‘07 prices, keeping todays home prices 8.18% above January, ‘06 11.3% above January, ‘05. Eve...
02/08/2008
Matthews, NC Homes for Sale Market Report Only a short drive from Uptown Charlotte, Matthews is a popular choice as a “move to” location in the south Charlotte area. It combines a small town feel in its historic downtown, modern suburbs, communities at every price point, and has lots of sidewalk...
02/08/2008
The Palisades: Resort Living at Lake Wylie The Palisades, located south-west of Charlotte on Lake Wylie, is a new, upscale 1,600 acre planned community that offers resort style living within an easy commute of downtown Charlotte an is the site of Homearama 2008. Amenities include a Jack Nicklaus ...
02/07/2008
Lancaster, SC| Carolina Lakes Homes for Sale Market Report Sun City Carolina Lakes offers Villas from the 180's, homes and TH from the low 200's Del Webb’s Sun City Carolina Lake’s is an attractive choice for the active adult over the age of 55. Amenities abound with an 18 hole golf course and a ...
02/07/2008
As Charlotte leads the nation in home price appreciation, our local paper attacks. Reading Wednesday’s front page Charlotte Observer headline, I couldn’t help but think how wrong they got it. “Slump Catches Up to Charlotte” blares the headline, with a picture of the area counties and number like...
02/07/2008
Why is the sub-prime mess, all of our problems? Each and every one of us? “I’ve got good credit, I’ll be able to buy anytime,” said a buyer recently. Well yes and no. The video below demonstrates powerfully how this mess affects us all, good credit, ok credit, not so good credit, and why new Fan...
01/28/2008
Why is the sub-prime mess, all of our problems? Each and every one of us?"I've got good credit, I'll be able to buy anytime," said a buyer recently. Well yes and no. The video below demonstrates powerfully how this mess affects us all, good credit, ok credit, not so good credit, and why new Fanni...
01/22/2008
Skyecroft is a custom gated community 25 miles south of Uptown Charlotte in the rolling hills, pastures and horse farms of Weddington, North Carolina. Rich amenities and larger lots are the norm, tall trees, and water features abound. A historic log cabin is directly across from the fabulous amen...
01/22/2008
Sun City Carolina Lake, Del Webb's extremely successful community in Ft Mill SC, is an easy commute to Uptown Charlotte, the Charlotte Douglas Airport, and just 10 minutes from popular Ballantyne. It is also on my "Terry's Top Ten New Home Community List." Del Webb communities are known for thei...
01/22/2008
Charlotte Area Single family home prices rose 4.35% for the year 2007, over the average cost per square foot sold prices from 2006, almost guaranteeing a 1st place finish among the top 20 major markets in the US, as measured by Case-Shiller. Unit sales fell 11% over the same period. These statist...
01/04/2008
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Terry McDonald The McDonald Group

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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.