Charlotte, NC Real Estate News

By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Zip Code 28203 Market Report NOV 2021Included in one of North Carolina’s hottest zip codes (28203), the Dilworth, Wilmore, Sedgefield, South End neighborhoods remain hot with very little inventory.  All price ranges are entertaining multiple Offers if homes are staged well and marketed properly. Wilmore & Sedgefield continue to be the up-and-coming west side 28203 neighborhoods with lots of new construction and renovation taking place on nearly every street. The location of the 28203 zip code simply can’t be beaten!Zip Code 28203 Market SnapshotClick the interactive chart below to track the historical data – average sales prices in ZIP CODE 28203.  The largest community within zip code 28203 is Dilworth.  Learn more about the Dilworth neighborhood. Here is the quick stat sheet for the 1...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Latta Pavilion (DILWORTH) Market Report - NOV 2021 Latta Pavilion, located at 1320 Fillmore Avenue, right in the heart of Dilworth. Latta Pavilion is nestled just off of East Boulevard, between Scott Avenue & Kenilworth Avenue.  Wonderful luxury condos range in square feet from 700 to 2,200, boasting spacious bedrooms with large walk-in closets, great storage space and great space for entertainment.  The kitchens feature upgraded cabinetry and granite countertops, maple hardwoods and high-profile lighting. Latta Pavilion offers secure, underground parking with plenty of parking for guests. Relax in the center courtyard with patios and lush landscaping. Stay in for the evening and enjoy the rooftop lounge or step out of your private retreat and into everything Dilworth! Looking for a won...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Highgrove Market Report NOVEMBER 2021 (South Charlotte)  Charlotte, NC - Highgrove Neighborhood Developed in the late 90's and completed mid-2000 by Crescent Communities, the Highgrove neighborhood is situated in the core of South Charlotte's Ballantyne Community.  Homes in the Highgrove neighborhood sell from roughly $890,000 to $1,400,000+ with heated living space in the vicinity of 3,000 and 7,000+ square feet with 2-3-car garages (generally 3-car garages). The homes in Highgrove are situated on good sized parcels, many having their own swimming pools with plenty of room to spare (in the vicinity of 0.25 and 0.6 acre lots). Built by famed local home builders such as Cyras Homes, Simonini, John R. Poore, Regal Custom Homes, Dienst Custom Homes and Kingswood, the community is not your ...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
Dealing with a short sale during a financial crisis can be overwhelming, to say the least. One mistake can cause a domino effect –– missing paperwork, lag time, and denied lender requests. The whole affair can quickly become a nightmare for short sellers!You should avoid several mistakes, such as incorrect home pricing or rushing the short sale when doing a short sale in Charlotte, NC. For a short sale to be successful, you also need to hire a real estate professional to help you avoid some common mistakes. Keep reading to get an idea of how you can have a fast and positive short sale experience.21 Mistakes that Make a Short Sale Go WrongHere are 21 mistakes you should avoid when doing a short sale in Charlotte, NC.1. Incorrect pricing of your homeOne of the critical steps to selling an...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
All homebuyers can find opportunities to score good deals when it comes to short sales. The real estate scene is filled with short sale properties that can prove to be worth the extra steps to buy them. Yet, finding good short sale listings might be tricky since many buyers have their eyes out for them. It takes a good proactive plan and a great strategy to find yourself a good deal.To find short sales and short sale agents in Charlotte, NC, you should begin with a good agent and extensive preparation. It’s best to prepare yourself with everything you need to find short sale listings in Charlotte, NC. The process is quite lengthy, and buyers must be prepared to go through all obstacles that come with it. Short sales are appealing to both homebuyers and investors. Investors like them bec...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Deerfield Creek Market Report November 2021This lovely South Charlotte community offers a variety of home styles, convenient location & lifestyle and excellent schools. If you’re in search of a Charlotte area luxury neighborhood, look no farther than Deerfield Creek.   Although Deerfield Creek has a Matthews address, it is located in southern Mecklenburg County. Deerfield  Creek is a gorgeous community that boasts fabulous neighborhood amenities including pool, playground, tennis courts, an open air cabana, basketball court and more.  You’ll also enjoy wonderful neighbors in this popular South Charlotte neighborhood. Top-ranked school assignments include Providence High School.Now, how’s the Deerfield Creek residential real estate market doing?  Here are the final numbers for sales repo...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Beverly Crest Market Report - NOV 2021Beverly Crest remains one of the top selling communities in South Charlotte and once you tour this lovely community, you'll see why! From the location, north of Highway 51/Pineville-Matthews Road, to the top-ranked school assignments, this community truly has it all. Community amenities include winding sidewalks throughout the community, a community clubhouse, pond, tennis court, pool & recreation area.  Contact us for more information on this popular South Charlotte neighborhood - Call or text (704) 491-3310 or email CharlotteBroker@icloud.com    Sales Data from October, 2021 is as follows: Average Sales prices are $495,145.Average Days on the Market - 6Average list-to-sales price ratio - 102.6% There is a 0.9 Month Supply of Inventory in Beverly C...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Creekshire Estates Market Report NOV 2021 (Steele Creek) Creekshire Estates residents are enjoying the fabulous community as we are seeing the end of the showy foliage and the cooler temperatures as we head from fall to winter. Residents are still out and about, walking in the community - imagine living in such a welcoming community, with their incredibly 'social' residents. This popular Steele Creek neighborhood is not only 'the place to be' but, it is also located in one of Charlotte’s most sought-after, growing areas. The HOA dues are also quite reasonable and, as I mentioned, the neighbors, exceptionally friendly! The convenient location in Steele Creek makes Creekshire the kind of community that many Charlotte home buyers want to call home. For those reasons and more, Creekshire Es...
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By Nancy Braun, Professional Service, Personally Delivered
(Showcase Realty LLC)
A short sale in Charlotte, NC, is a better option than a foreclosure. This type of real estate deal often involves homeowners in profound financial struggles. Since they can no longer meet up with their mortgage payments, they can get some relief by putting up their homes for a short sale.There are several myths about short sales in Charlotte, NC, like time requirements can easily discourage a buyer, to name one. The short sale process is a complicated one, so the public has several misconceptions about it. Unlike regular property deals, a short sale can take anywhere from a month to a year to complete.Tons of paperwork has to be done before the lender can approve the seller for the transaction. Additionally, the lender can even reject a buyer's offer even after approving the seller. Re...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Grateful for a Repeat & Referral Business - ActiveRain Style!100% of my business this year has been repeat and referral business. While I love my internet leads, I am so busy with 'known' business, I have been referring those out this year. This has also been a great year for referral business from my ActiveRain family. While I won't call the names of those who have sent wonderful clients my way or to whom I have sent referrals, I will share 3 unusual stories with you that happened this year, 2021. These are samples of just how wonderful this community is!The first is a sweet young couple referred to me by someone I met here over a decade ago. She's an active member and I know she's also busy in her area. She was, in fact, representing a couple who were the parents of this young couple ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Beverly Woods Market Report NOV 2021 (SouthPark Neighborhood)The SouthPark community of Beverly Woods, developed during the 1960's and 1970's, remains one of Charlotte's most coveted Crosland communities.  Beverly Woods is known for its spacious, arboreous lots - simply filled with mature landscaping - and the wonderful 'community' feel within. The premier SouthPark location and the variety of homes - from ranches to split levels to two-story homes, making the streetscape inviting. Beverly Woods (SouthPark Neighborhood) Market Report is reflective of just how popular this community really is. There's just no community in Charlotte like it!  The Beverly Woods real estate market continues to be in a strong sellers market with sales prices continuing to rise. Updated homes do tend to sell ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Ballantyne (Charlotte NC) Real Estate Market Report - NOV 2021One of Charlotte's areas showing the most growth, the Ballantyne Charlotte NC area is appealing to those who want more square footage for the price, top ranked schools and close proximity to a thriving business center. Homes in Ballantyne range from affordable or luxurious townhomes to sprawling estates in Ballantyne Country Club, situated on the golf course.  The Ballantyne area is pristine, clean, upscale and features shopping, entertainment and the list of popular restaurants seems to be growing by the month! The real estate market in one of the nation's most popular zip codes, 28277 (Ballantyne) continues to be a strong one and one most definitely in a sellers' market with an average of a 2.2 month supply. Here is the upd...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Speechless Sundays - Early Sunset in NovemberThese early sunsets are killing my calendar but, I'm enjoying the ones we are seeing on Saturdays & Sundays! Todays show took place during the Carolina Panther/Arizona Cardinal game. So, thankfully, it wasn't a nail-biter and I was able to snap some good shots of today's pink sunset behind the red & orange fall foliage!Happy Sunday All! Have a wonderful week ahead... © Debe Maxwell | The Maxwell House Group | RE/MAX Executive | CharlotteBroker@icloud.com | Speechless Sundays - Early Sunset in November
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
Latest news on the Ballantyne real estate market in October 2021 and what it means for you... Ballantyne remained a seller's market in October 2021 due to the continued lack of inventory, which dropped 45.9% year-over-year. Months supply of inventory was down 41.7%, compared with October 2020, to 0.7 months of housing supply. The drop in housing inventory year-over-year resulted in eight fewer days on market, on average. Closed and pending sales decreased year-over-year due to lack of inventory. Average Ballantyne home sale prices increased 16.6% to $516,570 in October 2021 compared with the same month one year ago. Average home sale prices also increased approximately $16,000 month-over-month.  Median home sale prices have increased 13.8% to $475,000 in October 2021. Median home sale p...
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By Carolina Buyers Agent, We Specialize in Buyer Representation Only!
(Carolina Buyers Agent)
Times Are Tough for Renters, TooThe Charlotte real estate market remains robust — and challenging. As inventory continues to decline and prices spiral up, the impact on the rental market has been significant. Nationwide, rents have grown more than 10% since early 2020.Charlotte, which has seen steady economic vitality throughout the pandemic, has also seen higher-than-average demand for housing, which directly affects rent prices. In fact, the greater Charlotte area ranks 15th out of 50 metropolitan areas in apartment rental increases, reflecting a 16.4% rate of increase in rental costs.However, we should point out that despite these increases, the average rent in Charlotte, $1,382, remains below the national average of $1,577. Also, other metropolitan areas in North Carolina have seen ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 DINING OUT IN CHARLOTTE ON THANKSGIVING DAY Thanksgiving Day is just two weeks away... and if you're not looking forward to the work involved in preparing a Thanksgiving feast, Charlotte has a number of excellent restaurants that will be serving a traditional Thanksgiving dinner. And have you heard that there is a shortage of small turkeys this year? So if your Thanksgiving get-together is small, dining out might be a more cost-effective option. If you're thinking of dining out on Thanksgiving Day, don't delay in making your reservations--it's only 15 days till Thanksgiving and as we don't have quite as many restaurants open, post-pandemic, on Thanksgiving Day as we normally do, places are getting booked up quickly and early. If you wait too long to make a reservation, you just may end...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Speechless Sundays - Fall Foliage Living as one with nature really makes your awareness of change heightened. When we lived in the heart of the city, we were a bit more separated from the climate and changes Mother Nature sent our way than we are now. It is strikingly remarkable how quickly we have gone from summer to winter - with very little fall whatsoever!The foliage is gorgeous but, it took a bit to change and then it seemed to happen overnight! While my photos of the closest color we can see are striking to us, they are not nearly as remarkable as the New England colors that George Souto shares with us each year! Happy Sunday everyone! Here's to a wonderful week ahead... © Debe Maxwell | The Maxwell House Group | RE/MAX Executive | CharlotteBroker@icloud.com | Speechless Sundays -...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
SOLD IN CREEKSHIRE ESTATES - A Steele Creek Community SOLD! Bright, sunny ranch WITH BASEMENT plan with professional landscaping was THE hot housing ticket in Charlotte the day it hit the market in Creekshire Estates. I mean, why not? This home is LOADED! It was Meticulous & Move-In Ready and after a major push during our pre-marketing time, we had buyers lined up for showings on Day-1...with multiple Offers and ONE lucky buyer winning this amazing home! Thinking of selling your home in Creekshire Estates? Let's talk! (704) 491-3310. Here's the video of our listing that has sold. We provide a walk-through video and professional photographs for every home we sell.  © If you are in search of a home in the incredibly popular Steele Creek area of Charlotte, we're sorry you missed this one. ...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Popular SouthPark Neighborhood Market Update NOV 2021 Barclay Downs - A SouthPark Community - Market Report SEPT 2021How's the Market in Barclay Downs? BARCLAY DOWNS SOUTHPARK CHARLOTTE:  SouthPark, once part of a 3,000-acre farm owned by N.C. Gov. Cameron Morrison, that has since been transformed into one of North Carolina’s most esteemed and successful live/work communities. It contains one of the most popular neighborhoods in Charlotte - Barclay Downs. Neighbors include SouthPark Mall, The Colony, Piedmont Row and more. Barclay Downs features several award winning public schools, a regional library, and plenty of general and specialty retail shopping.Barclay Down’s livability score is 69 – ranked #60 in Charlotte and #74 in North Carolina. It currently has a 97% high school graduatio...
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By Debe Maxwell, CRS, The right Charlotte REALTOR!
(www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310)
Market Report NOV 2021 - Providence SpringsHow's the Real Estate Market in Providence Springs?    Providence Springs, being a community of only 128 homes, typically does not have a large selection of homes on the market - we've had low turnover in Providence Springs, year-after-year.  Some years, there are more relocation sellers than others and due to the pandemic, we are seeing a bit of a slow down in the relocation business this year than in normal years. The economy continues at a steady pace, as our Providence Springs market improvements continue to demonstrate.  If you're a buyer, interested in a fabulous, neighborly community on the NORTH side of Highway 51 in a great school zone, visit www.ProvidenceSpringsInfo.com for more information on this popular Charlotte luxury community....
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