residential real estate
Can home ownership be made more affordable?
March 25. By Mike Walden. Traditionally, one of the ways to accumulate wealth was to buy a home. Indeed, owning a home was part of the “American Dream” of getting ahead economically. Sure, it might take a young household a few years to accumulate enough for a down payment, but once that was accomplished and […]
Hot Properties: Million-dollar deals
March 19. Recent home sales in excess of $1 million, this one, in Robbins Park $1,510,000 John & Deborah Foote to Ryan & Sara Wheelan, 8523 Preserve Pond Rd., Cornelius
S&P says Charlotte home price gains among Top 5 nationally
Feb. 29. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.5 percent annual gain in December, with Charlotte prices up 8 percent. San Diego reported the highest year-over-year gain among the 20 cities with an 8.8 percent increase in December, followed by Los Angeles and […]
Luxury home outlook for 2024 remains strong
Jan. 17. By Dave Yochum. Despite two overseas wars, rising mortgage rates and economic uncertainties like inflation, luxury home prices have remained strong with multimillion-dollar cash transactions more and more common. High construction costs, labor shortages and unprecedented in-migration are contributing to a shortage of listings above $1 million. Sticker shock? Average prices for all […]
$18 million ‘next generation’ renovation under way at The Peninsula Club
Oct. 19. Greenville, SC-based Beau Welling Design (BWD) has started an $18 million renovation of the golf course and facilities at The Peninsula Club. The project is expected to be completed in a year. “After a couple of years of planning and preparation, we are excited to break ground on a project that will create […]
Allen Tate observes 50 years in Davidson Sept. 30
Sept. 15. Allen Tate Realtors Davidson, formerly Knox Realty, will celebrate the 50th anniversary of its brokerage office in historic downtown Davidson on Saturday, Sept. 30 with a drop-in event before and during the Concerts on the Green. In 1973, Knox Realty opened in Davidson under the ownership and management of Davidson natives Russell and […]
New build-to-rent project coming to Huntersville
July 28. There’s a new housing product out there and it’s coming to Huntersville. Middleburg Communities plans to develop a “build-to-rent” neighborhood with 265 single-family homes on Old Statesville Road. Hamlet Huntersville will be a fully-amenitized built-to-rent community on 44-acres. The single-family detached cottages and townhome units will average 1,230 square feet. Construction is expected […]
Davidson home sales
July 19. These property transactions were recorded by the Mecklenburg County Register of Deeds. 5/22/23 $550,000 Melody Lewis & Alex Schendell to Jennifer Ballard, 15711 Carley Commons Ln. 5/24/23 $452,000 Mattamy Carolina Corp. to Shital Patel, 16728 Summers Walk Blvd. 5/24/23 $300,000 Tom Palmer Homes to Jyla & Burnis Rollinson Jr., 13504 Evening Primrose Dr. […]
New managing broker at Premier Sotheby’s
July 17. Premier Sotheby’s International Realty has named Champ Claris as the managing broker of its Cornelius and Mooresville offices. The North Carolina native and second-generation real estate broker has been involved in the real estate industry for over two decades, 10 of them as a top-producing agent. He previously served as the vice president […]
House hits the market at $7 million
May 28. A five-bedroom house at the end of Bethelwood Lane has hit the market for $7 million. The lakefront home, which has sunset views, was listed by Ben Bowen of Premier Sotheby’s International in Cornelius. Built in 2015, the five-bath home is assessed at $4.6 million, according to Mecklenburg County tax records, which indicate […]
