Hot Properties
Cornelius homebuilder creates English-themed village on waterfront in Davidson
Sept. 14. Cornelius-based Meeting Street Homes and Communities is bringing a taste of the U.K.’s Lake District to Davidson. Ambleside at Davidson is on Lake Cornelius and has 1,000 feet of walking trails through the wooded landscape and along the waterfront amidst 14 single-family homes. Prices start in the low-$700,000s up to the mid-$800,000s, according to […]
Boards of adjustment have quasi-judicial standing
Aug. 24. A recent appeal filed by several homeowners in the Arrington development—a neighborhood of $300,000 homes off Bud Henderson Road on the western side of Huntersville—about the continued operation of the nearby Broken Arrow Shooting Range was unsuccessful. It leaves the NC Superior Court as their final recourse. The range was there for years […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
