Hot Properties

This category contains 56 posts
Georgia, USA

Homebuyers will be looking for COVID-19 precautions

May 26. Whether you’re looking to buy or sell, real estate agents are meeting with buyers for home tours again, which can raise questions and concerns about safety amidst the COVID-19 pandemic. Chelle Jeffery, a physician assistant at Novant Health New Garden Medical Associates, offers advice on how to stay safe—beyond social distancing—if you’re searching […]

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Design Showcase opens March 14 in Davidson

The Interior Design Society of Charlotte is showcasing three new homes, each valued at well over $1 million, in The Preserve at Narrow Passage just outside downtown Davidson. The homes, built by Augusta Homes, Plattner Custom Builders and Southern Cottage, will be open for tours from March 14 through April 4. More than three dozen […]

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Hot Property: Statesville estate listed at $1.75 million

A 74-acre country estate once owned by NASCAR champ Jamie McMurray is on the market for $1.75 million. Located at 218 Pisgah Church Road in Statesville, the gated residence is listed with Rob Drag at Premier Sotheby’s International Realty in Lake Norman. The four-bedroom main residence has more than 4,800 square feet of space. There […]

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Strong home price appreciation continues

Net in-migration bodes well for Lake Norman and Cabarrus homeowners—the demand for housing will continue to drive up prices in 2020. “At a regional level, Phoenix retains the top spot for the fifth consecutive month with October’s 5.8 percent year-over-year gain. The Southeast region was also strong, as Tampa, Charlotte, and Atlanta prices all rose […]

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2020 vision: More of the same for resales, luxury

The 2020 outlook for home prices is strong—another way of saying it looks like the seller’s market will continue next year, and first-time buyers will go farther to find affordable properties. “Supply channels show little to no relief in sight,” says Pat Riley, CEO of Allen Tate Realtors. Builders are building new homes at a […]

Georgia, USA

Charlotte home prices still climbing as much of the country slows down

By Dave Yochum.  The rate of home-price increases fell in June to the lowest level in nearly seven years, according to the latest Case-Shiller Home Price Index from S&P Down Jones Indices and CoreLogic. June 2019 saw an annual increase of 3.1 percent for home prices nationwide, falling from  the previous month’s 3.3 percent gain. […]

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Residential outlook remains positive for owners, sellers

The astronomical gains in home prices around much of the country are slowing down, but Charlotte resale prices are still climbing at a moderate pace. Charlotte home prices rose 4.2% year over year, according to Case-Shiller, part of the S&P CoreLogic Indices. The rate of home price increases across the U.S. continues to slow, but […]

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Housing here is just fine, despite slipping elsewhere

June 10. By Dave Yochum. While the the S&P Dow Jones Indices show declines for five cities—Chicago, Seattle, San Francisco, Los Angeles and San Diego—home price appreciation is doing just fine in Charlotte and the surrounding suburbs. It’s surprising housing isn’t still off the charts: Mortgage rates are at 4 percent, unemployment is close to […]

Prices are up about 4%, still double inflation rate

With home prices continuing to climb, millennials and even older adults are going further afield for better deals on homes—and mansions. Cheaper prices in the exurbs, where homes are more than 16 miles from central business districts, are motivating buyers to drive till they find what suits their pocketbooks. Relatively low gas prices are helping […]

Baby Boomers fix up with Millennial buyers in mind

By Erica Batten. When it comes to outdoor home improvements, Baby Boomers and Millennials are choosing the same products, if for slightly different reasons. “It’s like the Baby Boomers are almost getting ready for the Millennials to buy their homes,” said Todd Cioppa, director of sales at MetroGreenscape in Charlotte, which designs and installs landscaping, […]

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