Charlotte, NC Real Estate News

By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Unlocking the Door to Your Belmont Dream Home: Exclusive Open House Event This Weekend!SATURDAY, 9/30 1:00 - 3:00PM1617 Allen Street | Charlotte, NC 28205  Open House Alert: We Have Found Your Dream Home in Belmont, Charlotte! If you've been on the hunt for your dream home, we've got some exciting news for you. We're hosting an Open House for a property that is nothing short of a slice of paradise, right in the heart of Belmont—one of Charlotte's most charming neighborhoods! Why Is This Home is a Must-See?From the moment you step onto the rocking chair front porch, you'll feel a sense of warmth and welcome that's hard to find. But that's just the beginning! Venture inside, and you'll be greeted by impeccable craftsmanship at every turn. From the box-beam ceilings to the site-finished ha...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
COMING SOON IN CHARLOTTE'S HOT, HISTORIC COMMUNITY - BELMONT Welcome to a slice of paradise right in the heart of Belmont—arguably one of the most charming neighborhoods around! From the moment you step onto the cozy rocking chair porch, you'll know you've arrived somewhere special. The exterior is a storybook craftsman, radiating warmth and curb appeal you have to see to believe.Step inside to experience craftsmanship that's second to none. Check out those box-beam ceilings and the hardwood floors that run seamlessly throughout! This home is a feast for the eyes, but it's also fabulously functional. The open-concept kitchen is a chef's dream—decked out with stainless steel appliances, a large granite island for casual dining, and a spacious area for more formal feasts. Looking for conv...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
The Dish on Charlotte: Exploring the Booming Foodie Scene  🍽️👑🍔🌮🍱🍕 Relocating to Charlotte? We’ve shared countless reasons across the internet about our beautiful city. From Why Charlotte? to a multitude of school information, Charlotte Douglas International Airport, arts & culture as well as sports and more.  On this beautiful Charlotte day (oh yes, the weather is a BIG draw to our area!), let’s talk FOOD...another BIG draw to our world-class city!  One of the many things we believe you will love about our area is the incredible culinary experience that is sure to win your heart! So buckle up, because our local food scene is nothing short of spectacular!From healthy food to fine dining, the Queen City has no shortage of culinary options. The likes of Luna’s Living Kitchen serve vegan b...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Parkwood Knoll (Myers Park) Market Report SEPT 2023Parkwood Knoll, an attractive, full-brick complex located in the ever-popular Park Road/Myers Park area of Charlotte, is your premier destination for luxury condos. As we round out the third quarter of 2023, we are seeing a slightly downward trend in sales prices and with no sales this last quarter, there hasn’t really been any change in the community. Additionally, the community’s days on the market has held steady, averaging only 31 days. In order to give you a more clear understanding, a few key details are below. You'll find the average sales price, the average number of days on the market, the ratio of list-to-sales price, as well as the current inventory status. Please note - the charts below aren't just static graphs; they are fu...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
CLT: A Mecca for Art Lovers & Sports Fans Alike 🎭🏈  Thinking of relocating to Charlotte, North Carolina? We’ve shared countless reasons across the internet about our beautiful city. From Why Charlotte? to a multitude of school information, Charlotte Douglas International Airport and more.  On this beautiful Charlotte day (oh yes, the weather is a BIG draw to our area!), let’s talk arts & culture as well as sports - two more big draws to our world-class city.  You could spend a lifetime in Charlotte and still discover something new and exciting in the arts and culture scene. Think of our art museums as global journeys, just a short drive from your doorstep, showcasing pieces from artists around the world. When it comes to the stage, whether you're into local theater or Broadway-level pr...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Myers Park Charlotte Real Estate Market Report SEPT 2023Daily, we are asked, "So, how's the real estate market doing in Charlotte?"Quite often, we are asked specifically about our well-known, popular, historic communities, including Myers Park.   Myers Park is one of Charlotte's communities that continuously stands the test of time when it comes to housing appreciation. Even as the city endured the days, weeks, months, years of The Great Recession, Myers Park was one of the neighborhoods that didn't feel the depth of depreciation/devaluation that many of the Charlotte neighborhoods experienced.  In 2023, the Myers Park real estate market continues to be in demand to both relocation buyers and to those moving within the area. Below is the current market snapshot of the Myers Park neighbo...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Montibello (SouthPark) Market Report SEPT 2023Montibello is one of SouthPark's crème de la crème subdivisions when it comes to residential communities! Home to 571 elegant, custom-crafted residences, this neighborhood boasts spacious lots, heavily peppered with mature trees and lush greenery, creating an incredibly inviting streetscape. Let's talk location—you couldn't ask for better convenience. Living in Montibello puts you just a hop, skip and a jump away from shopping havens like SouthPark Mall and Phillips Place. Plus, you're a quick 15-minute drive to both Uptown Charlotte and Ballantyne. SouthPark is truly at the heart of everything Charlotte! And here's the cherry on top: Montibello is zoned for some of Charlotte's highest-rated public schools and is a stone's throw away from th...
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By Carolina Buyers Agent, We Specialize in Buyer Representation Only!
(Carolina Buyers Agent)
Why Charlotte Housing Inventory Remains Stubbornly LowWhy does Charlotte have one of the worst housing supply shortages in the country? The short answer is low supply and heavy demand. Lee Allen, the president of Charlotte’s Canopy Realtor Association notes that while demand for Charlotte real estate remains high, local builders simply cannot keep up. As Allen puts it, “As a result, we are a million and a half homes short of inventory to meet with the buyer demand.”That’s the reality, despite many factors at play that tend to cool down the market. The Federal Reserve has boosted interest rates. Freddie Mac reports that the current rate on a 30-year mortgage remains above 6.5%, the highest in twenty years. However, not only do higher rates pressure many potential buyers to hold off on ma...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Destination Excellence: CLT ✈️If you're flying in or out of Charlotte, you're in for a treat—at least compared to other large airports! Charlotte Douglas International Airport (CLT) is truly exceptional.Ranked among the world's top 10 most connected airports, it also serves as American Airlines' second-largest US hub (second to Dallas, the #1 AA hub). In 2022 alone, the CLT airport welcomed 47.7 million passengers and processed over 200,000 tons of cargo. Looking for non-stop flights? CLT has you covered with 180 of them, including more than 35 international destinations. The best part for those residing here? Charlotte Douglas International is only a 15-minute drive from the heart of Uptown. The Wall Street Journal even recognized it as one of the most convenient large airports in the ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Ballantyne – Blakeney Neighborhood Market Update SEPT 2023– MITCHELL GLEN Popular South Charlotte neighborhood in top-ranked school zone offers wonderful amenities with LOW HOA DUES. Amenities include recreation area, playground and pond. Sales in Mitchell Glen continue to show an incredibly strong market. Average sales prices remain some of the strongest in the area. Days on the market are just 5 days and there are currently no homes in Mitchell Glen that are actively being marketed - no active, coming soon listings or any currently in Escrow at the moment.Here is the Ballantyne – Blakeney Neighborhood Market Report from August, 2023 final data -  MITCHELL GLEN: Current Average Sales Price in Mitchell Glen ($551,500)  Mitchell Glen's Average Days on the Market - 44  Average List-to-Sal...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 IT'S FALL FESTIVAL SEASON IN CHARLOTTECHARLOTTE FESTIVALS THIS WEEKENDYou just know fall is in the air when Charlotte's festivals start popping up. This coming weekend is no exception! Here are three Charlotte traditions when it comes to fall festivals. The Festival in the Park is celebrating its 59th anniversary; the Festival of India is celebrating its 27th anniversary; Mecktoberfest is going strong after 14 years. FESTIVAL IN THE PARK: September 22-24A true Charlotte tradition, Festival in the Park in Freedom Park has been bringing good music, good art and good times to Charlotteans since 1964! That's 59 years, if you're counting! You'll have three days to enjoy the Festival in the Park.FRIDAY, SEPTEMBER 22, 2023 4:00 PM – 9:00 PMSATURDAY, SEPTEMBER 23, 2023 10:00 AM – 9:00 PMSUNDAY...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 FALL 2023 HOME BUYER & SELLER GUIDES ARE NOW AVAILABLE...... GET YOUR FREE GUIDES TO BUYING OR SELLING A GREATER CHARLOTTE HOME IN FALL 2023 Fall 2023 officially arrives this week. With Fall's arrival our Fall 2023 Home Buyer and Seller Guides have also arrived. You can get your digital copies now before the official arrival of Fall on September 21st! There's a lot going on in the housing market right now you might want to know about. Have all those confusing headlines about the housing market left you with more questions than answers? Have you been wondering: About home prices, mortgage rates, or inflation in today’s housing market?  If you can overcome affordability challenges in today's market? If Fall 2023 will be a good time to buy or sell a Charlotte area home? What the lack of i...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Latta Pavilion (DILWORTH) Market Report - SEPT 2023 Welcome to Latta Pavilion, an exceptional residential jewel quietly situated at 1320 Fillmore Avenue in the lively heart of Dilworth.At Latta Pavilion, convenience and comfort are top priorities. Enjoy the peace of mind that comes with secure, underground parking, ensuring ample space for both residents and guests. Unwind in the inviting center courtyard, complete with charming patios and lush landscaping, creating a serene oasis right at your doorstep. For a delightful evening in, indulge in the rooftop lounge, where you can savor breathtaking views and soak up the atmosphere. Alternatively, step outside of your private retreat and immerse yourself in the vibrant Dilworth neighborhood. Discover a plethora of exciting attractions, din...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
HOMEOWNERSHIP PAYS OFF!If you're not yet a homeowner, here's why you should seriously consider becoming one sooner and not later despite the higher interest rates and increasing home prices. Since Quarter 1-1991, home prices have risen 297.7% nationally. In North and South Carolina they have risen over 300% in the past couple of decades.   Is it any wonder that housing represents the largest asset owned by most households and is a major means to accumulate wealth? Is it any wonder that 74% of Americans list homeownership as the top cornerstone of financial success! Is it any wonder that 75% of Americans say they would like to own a home one day? If you purchased a $400,000 home last January, your wealth is currently forecasted to grow by more than $71,000 over the next five years.   Is ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Saturday's Shots - Being Thankful for What We HaveThis evening after dinner, Ray and I set out to the deck with Maddie & Gabby to watch the sunset. The 'preliminary' show was indicative of a masterfully designed painting that was about to be unfurled across the sky. I actually thought this evening would be a great time to do a before & after. We have noticed that about 20 minutes before the sun sets, when the sky is deep blue, it is usually the foundation to a spectacular sunset to come.We waited, in anticipation, as the sky and the clouds grayed, leaving only light gray and dark gray stripes in the sky. There was literally no indication that the sun was setting at the time it was supposed to be setting. Our 'before' picture was the most beautiful our sky was this evening - and when we ...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Highgrove Market Report SEPT  2023 (South Charlotte)  Charlotte, NC - Highgrove Neighborhood Developed in the late '90s and completed in the mid-2000s, the Highgrove neighborhood, crafted beautifully by Crescent Communities, sits in the vibrant heart of South Charlotte's esteemed Ballantyne Community.These homes embody elegance, with prices ranging from approximately $1,225,000 to $2,595,000+. They offer spacious living areas between 3,000 and over 10,000 square feet, mostly accompanied by roomy 3-car garages, situated on substantial lots varying from 0.25 to 0.6 acres — many boasting private swimming pools. Built by renowned local developers such as Cyras Homes and Kingswood, Highgrove breaks the mold with its distinctive and prestigious homes, each reflecting a different architectural...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
SUMMER IS ALMOST OVER... 6 FUN THINGS TO DO THIS WEEKEND IN CHARLOTTE  TO SAVOR THE LAST DAYS OF SUMMER FLOW FEST AT THE US NATIONAL WHITEWATER CENTER: Sunday, September 17Flow Fest is an annual one day festival, celebrating wellness and mindfulness in a natural, outdoor setting. You can take advantage of 40 yoga practices and workshops, plus vendors, kombucha, live music and more. Flow Fest will start at 8:00 am and end at 9:30 pm. For the Flow Fest schedule, click here.The US National Whitewater Center is located at 5000 Whitewater Center Parkway in Charlotte.  MECKTOBERFEST AT OLD MECKLENBURG BREWERY: September 16 & 17One of Charlotte's biggest and most popular venues for Oktoberfest each year is at the Old Mecklenburg Brewery. Mecktoberfest hours are 11:00 am to 11:00 pm on Saturday...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Heydon Hall Neighborhood Market Update - SEPT 2023Your Dream Home Awaits You in Heydon HallHeydon Hall (SouthPark):  Dive right into the heart of SouthPark at Heydon Hall - the neighborhood where dreams come true! Imagine a place that takes you back to the golden days of true community spirit. It's all here waiting for you! At Heydon Hall, every day is a chance to build lasting memories with wonderful neighbors. From delightful social gatherings to carpooling initiatives that add that special touch of warmth and camaraderie - it's all about coming together and embracing the vibrant community spirit. Golfing enthusiasts, you're in for a treat! ⛳ The neighborhood is situated right beside the home of the Wells Fargo Championship Tournament, Quail Hollow Country Club. Heydon Hall offers res...
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By Debe Maxwell, CRS, The RIGHT CHARLOTTE REALTOR!
(Savvy + Company (704) 491-3310)
Foxcroft (SouthPark) Market Report SEPT 2023 Foxcroft is a truly remarkable gem nestled in the heart of SouthPark in Charlotte, NC. This is a neighborhood that doesn't merely echo desirability, it sings it from the rooftops! Each home for sale in Foxcroft is cradled within an enchanted community with mature trees and dazzling landscapes. Imagine driving through a natural archway of towering trees in this older, highly desirable neighborhood. These age-old oaks stretch out their arms, almost as though giving residents & visitors alike, a welcoming embrace. And as we are now in the full swing of summer, prepare yourself for a visual feast! The community transforms into an artist's dream as the flowers bloom vibrant hues of color throughout. In Foxcroft, even the seasons dress up in their ...
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By Nina Hollander, Broker, Your Greater Charlotte Realtor
(Coldwell Banker Realty)
 L'shanah Tovah!Happy Rosh Hashanah! "Blessed are You, Lord our God, King of the Universe, who has kept us alive and sustained us and brought us to this holiday season."  Happy Rosh Hashanah to my Jewish friends, clients, and colleagues from Nina Hollander with Coldwell Banker Realty! As the Jewish New Year ushers in the year 5784 at sundown today and a season of reflection and renewal, I'm wishing all who celebrate this holiday good health, happiness, prosperity, peace and blessings throughout the coming year and beyond. "May it be Your will, Lord our God and God of our ancestors, that you renew for us a good and sweet year" – Hebraic Berakhah As you begin the season of the High Holy Days, I hope your homes will be lit with joy; that you will enjoy sweet moments blossoming into sweet m...
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