residential real estate
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 […]
Lakefront home sells for record price per square foot
April 5. After extensive renovations, a lakefront house in The Peninsula that transacted at $1.4 million in 2019 has sold for $3.8 million after two months on the market. It’s a record price based on square footage. The 3,884 square foot home at 17605 Spinnaker’s Reach sold for more than $900 a square foot, according […]
Home staging service gets you ready for the big show
Jan. 11. Home staging pays off—offers are generally 5 percent higher than un-staged homes. Almost a quarter of agents nationwide say staging increases offers by more than 6 percent. That’s $24,000 on a $400,000 home. Accordingly, The Sarver Group at Keller Williams in Cornelius has invested in furniture and accessories to stage homes and add […]
Allen Tate acquires leading Asheville real estate firm
Aug. 2. Allen Tate Realtors, in partnership with Howard Hanna Real Estate Services, has acquired Beverly-Hanks Realtors, the leading independent real estate brokerage in Asheville. Allen Tate will now operate a total of 70 local real estate offices spanning the Charlotte, Triad, Research Triangle, High Country, Highlands/Cashiers and Asheville/Mountain regions of North Carolina and the […]
