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| 140 Lavender Bloom Loop in Davidson |
Tuesday, October 01, 2013
Davidson Pointe Homes for Sale
Looking for an incredible home in waterfront Davidson Pointe but do not have the time to wait for a new home? 140 Lavender Bloom Loop is on the market at only $335,000! This charming home has custom colors and has many upgrades beyond "new". View this fantastic home and call me, Rick Waite at 704-770-6559 today to schedule a showing!
Thursday, September 26, 2013
Tuesday, August 13, 2013
Where is Ballantyne in Charlotte?
Many people have heard about Ballantyne and wonder how to locate Ballantyne Real Estate. Ballantyne is actually located within Charlotte NC Real Estate. Ballantyne is not a city of a town but was designed as a planned Live, Work, Play neighborhood that began in the mid to late 1990s.
The heart of Ballantyne is in South Charlotte centered through Johnston Rd. Ballantyne technically begins at Ballantyne Commons Parkway at the stone pillars. Continue south on Johnston Rd and you will pass by many commercial shopping areas, past Ballantyne Country Club and then to the Ballantyne pillars at the southern border of Ballantyne at Providence Rd West.
What makes Ballantyne unique or special? Ballantyne has largely taken the Southpark model and amplified it. In the 1990's, Southpark was largely a residential area. Commercial development continued to expand. The Southpark Mall was a typical mall with standard stores as expected in a mall.
Commercial development continued around the area and Southpark quickly became the second largest employment center of the greater Charlotte area (second to uptown Charlotte). So what did the developers of Ballantyne do to improve upon that concept?
Ballantyne was a hunting preserve prior to being developed. The development was still in the distant Charlotte Suburbs (although only 10 miles geographically from uptown Charlotte or currently 17 miles driving), the area was very rural. The Ballantyne Country Club is the central part of Ballantyne and the greater Ballantyne area reflects the Country Club Atmosphere.
Discover the warmth and value of Ballantyne Homes for Sale today! Contact me, Rick Waite or call me at 704-770-6559; welcome to one of Charlotte's best treasures!
The heart of Ballantyne is in South Charlotte centered through Johnston Rd. Ballantyne technically begins at Ballantyne Commons Parkway at the stone pillars. Continue south on Johnston Rd and you will pass by many commercial shopping areas, past Ballantyne Country Club and then to the Ballantyne pillars at the southern border of Ballantyne at Providence Rd West.
What makes Ballantyne unique or special? Ballantyne has largely taken the Southpark model and amplified it. In the 1990's, Southpark was largely a residential area. Commercial development continued to expand. The Southpark Mall was a typical mall with standard stores as expected in a mall.
Commercial development continued around the area and Southpark quickly became the second largest employment center of the greater Charlotte area (second to uptown Charlotte). So what did the developers of Ballantyne do to improve upon that concept?
Ballantyne was a hunting preserve prior to being developed. The development was still in the distant Charlotte Suburbs (although only 10 miles geographically from uptown Charlotte or currently 17 miles driving), the area was very rural. The Ballantyne Country Club is the central part of Ballantyne and the greater Ballantyne area reflects the Country Club Atmosphere.
Discover the warmth and value of Ballantyne Homes for Sale today! Contact me, Rick Waite or call me at 704-770-6559; welcome to one of Charlotte's best treasures!
Sunday, April 28, 2013
Charlotte Real Estate Market for the first Quarter of 2013
Charlotte Short Sales are only 6% of our market. Many sellers still do not realize the benefits of a short sale as opposed to a foreclosure. There are great benefits of Charlotte Short Sales for seller, the mortgage company and the buyer. It is time to make the best of a bad situation and time to move forward. My short sale listings are quickly under contract but we understand how to list and sell a short sale properly to assure all parties are satisfied.
Charlotte New Home sales continue to sell at an impressive pace. Not all new home sales are listed within the Carolina Multiple Listing System but is reflective of the health of our real estate market. Charlotte New home Sales remain at 16% of out total single family home sales.
54% of our market has been standard resales. Our inventory remains very low and all homes are selling! Homes prices are beginning to rise but fortunately the interest rates remain at historic lows. it is still a great time to sell or purchase Charlotte area homes for sale!
Sunday, March 03, 2013
Waxhaw Sale Comparisons for 2013
The Waxhaw Real Estate market is heating up as the greater Charlotte Real Estate market continues to improve! Waxhaw Homes for Sale are in zip code 28173 and include the southern portion of Weddington and all of Marvin Real Estate. So how is Waxhaw performing so far in 2013?
As of today, March 3, 2013, there are a total of 334 available single family homes for sale in Waxhaw, 226 under contract and 129 sold so far this year. So how does that compare?
From 2010 to 2011, the sales increase 24%.
Comparing January 1 through March 3 from 2011 through 2012, the increase was 21%.
These gains are significant! But how does 2012 compare to 2013? The increase for 2013 is 35%!
Waxhaw Real Estate is on the move! The total sales of Waxhaw Real Estate has more than doubled since 2010 (from 63 in 2010 to 129 in 2013)!
The next question is: "How does that compare to 2007 when the market was HOT?" Sales so far this year, 2013, are only 9% lower than the sales in 2007! At this rate, we the Waxhaw Real Estate market is back to healthy conditions. For those that were waiting for the "bottom", you missed an incredible opportunity! Our market speaks volumes for the Waxhaw area. Waxhaw is a great place to live and raise your family. The time to make your home purchase is now. The demand for Waxhaw Homes and home values are destined to increase! Contact me, Rick Waite at 704-770-6559 today and let's find the home your and your family are seeking!
As of today, March 3, 2013, there are a total of 334 available single family homes for sale in Waxhaw, 226 under contract and 129 sold so far this year. So how does that compare?
From 2010 to 2011, the sales increase 24%.
Comparing January 1 through March 3 from 2011 through 2012, the increase was 21%.
These gains are significant! But how does 2012 compare to 2013? The increase for 2013 is 35%!
Waxhaw Real Estate is on the move! The total sales of Waxhaw Real Estate has more than doubled since 2010 (from 63 in 2010 to 129 in 2013)!
The next question is: "How does that compare to 2007 when the market was HOT?" Sales so far this year, 2013, are only 9% lower than the sales in 2007! At this rate, we the Waxhaw Real Estate market is back to healthy conditions. For those that were waiting for the "bottom", you missed an incredible opportunity! Our market speaks volumes for the Waxhaw area. Waxhaw is a great place to live and raise your family. The time to make your home purchase is now. The demand for Waxhaw Homes and home values are destined to increase! Contact me, Rick Waite at 704-770-6559 today and let's find the home your and your family are seeking!
Monday, January 21, 2013
Homes for Sale in Providence Down South
Providence Downs South of Marvin provide an ideal custom home community in the greater Charlotte Real Estate region! Providence South is the ideal model home community!
Custom builders in the greater Charlotte area all wanted to show their talents in Providence Downs South. Search the current listings in Providence Downs South!
Discover luxury living in Union County just south of Ballantyne and South Charlotte! You will be pleased you decided upon Providence Downs South for you and your family.
Custom builders in the greater Charlotte area all wanted to show their talents in Providence Downs South. Search the current listings in Providence Downs South!
Discover luxury living in Union County just south of Ballantyne and South Charlotte! You will be pleased you decided upon Providence Downs South for you and your family.
Saturday, January 05, 2013
South Charlotte Homes for Sale
South Charlotte Real Estate is one of the most popular placed to call home within the greater Charlotte Real Estate market! So what is the breakdown of South Charlotte Homes for Sale? Southern section of Charlotte consists of the Myers Park region, the Southpark area, the Providence area and finally the Ballantyne area.
Each area in South Charlotte has various appeals. The Myers Park area is an older more established area of Charlotte. The Myers Park Schools have an outstanding reputation for high academic standards and Myers Park is very convenient to uptown Charlotte.
The Southpark area is centered around the Southpark Mall. Southpark has evolved into an employment center with an abundance of Corporate offices.
The Providence Area is south/southeast of Southpark. The Providence area is basically focused around the Providence High School area of CMS Schools. The Providence area is primarily a residential area but does cross over hwy 51 east of Providence Rd.
The Ballantyne area is basically the area of South Charlotte south of I-485, east of Pineville and west of Providence rd all the way to the Union County border to the south. Ballantyne began as a subdivision in a hunting preserve and has now become a thriving community that has transformed the very rural southern border of Charlotte into a thriving Country Club life style! South Charlotte Houses for sale will be the best purchase of your life!
South Charlotte Homes for sale will remain one of our most popular Charlotte Real Estate addresses. A place you will be proud to call home!
Each area in South Charlotte has various appeals. The Myers Park area is an older more established area of Charlotte. The Myers Park Schools have an outstanding reputation for high academic standards and Myers Park is very convenient to uptown Charlotte.
The Southpark area is centered around the Southpark Mall. Southpark has evolved into an employment center with an abundance of Corporate offices.
The Providence Area is south/southeast of Southpark. The Providence area is basically focused around the Providence High School area of CMS Schools. The Providence area is primarily a residential area but does cross over hwy 51 east of Providence Rd.
The Ballantyne area is basically the area of South Charlotte south of I-485, east of Pineville and west of Providence rd all the way to the Union County border to the south. Ballantyne began as a subdivision in a hunting preserve and has now become a thriving community that has transformed the very rural southern border of Charlotte into a thriving Country Club life style! South Charlotte Houses for sale will be the best purchase of your life!
South Charlotte Homes for sale will remain one of our most popular Charlotte Real Estate addresses. A place you will be proud to call home!
Charlotte Foreclosure Real Estate 2012
As we consider how the greater Charlotte Real Estate market performed for 2012 there are many factors to consider. In this particular Blog Post I am gong to focus strictly on Charlotte Foreclosures. I compare single family homes that were sold by banks, HUD, Fannie, Mae, Freddie Mac and the VA in the Carolina MLS which is Charlotte NC and all of our surrounding Counties.
First let's compare Charlotte Foreclosures sold in 2012 compared to 2010 and 2011. I think the easiest way to get a feel is as a percentage of our overall market sales. The Foreclosure Homes sold in the greater Charlotte region has been trending downward. In 2010, foreclosures consumed 28% of our single family home sales; in 2011 it was 23% and in 2012 it was 22%.
Statistically there was not much of a change from 2011 to 2012 but it is trending downward. So what does this mean to you? As the foreclosures continue to decline, the overall market values will increase (less discounted homes). I have also noted a recent trend in foreclosure listings. Many foreclosure listings are being listed at above market value when they are first coming on the market! This is odd but technically makes good sense from the seller's perspective. As the foreclosure price is slowly reduced, the seller is assured they obtained the highest possible value. This does technically help everyone and the economy as a whole.
I follow Charlotte Foreclosure Homes for Sale and document monthly the trends. I noticed that in 2012 that in January foreclosures consisted on 28% of the sales and in December it was only 22%. This is a dramatic reduction! The trend for the year is downward.
What does this mean for 2013? The presidential election is over, health care is law and taxes are now known. Business can now make intelligent decisions on hiring. This is going to be a huge factor in our economy and definitely dictate the trend. The recent trends are positive for home appreciation and interest rates are still very low. "If" you are in a position to purchase a home, now is the time. Charlotte Homes for Sale remain a great opportunity. We have a great climate, conveniently located to the beach and mountains and a vibrant business community. Welcome to Charlotte NC!
First let's compare Charlotte Foreclosures sold in 2012 compared to 2010 and 2011. I think the easiest way to get a feel is as a percentage of our overall market sales. The Foreclosure Homes sold in the greater Charlotte region has been trending downward. In 2010, foreclosures consumed 28% of our single family home sales; in 2011 it was 23% and in 2012 it was 22%.
Statistically there was not much of a change from 2011 to 2012 but it is trending downward. So what does this mean to you? As the foreclosures continue to decline, the overall market values will increase (less discounted homes). I have also noted a recent trend in foreclosure listings. Many foreclosure listings are being listed at above market value when they are first coming on the market! This is odd but technically makes good sense from the seller's perspective. As the foreclosure price is slowly reduced, the seller is assured they obtained the highest possible value. This does technically help everyone and the economy as a whole.
I follow Charlotte Foreclosure Homes for Sale and document monthly the trends. I noticed that in 2012 that in January foreclosures consisted on 28% of the sales and in December it was only 22%. This is a dramatic reduction! The trend for the year is downward.
What does this mean for 2013? The presidential election is over, health care is law and taxes are now known. Business can now make intelligent decisions on hiring. This is going to be a huge factor in our economy and definitely dictate the trend. The recent trends are positive for home appreciation and interest rates are still very low. "If" you are in a position to purchase a home, now is the time. Charlotte Homes for Sale remain a great opportunity. We have a great climate, conveniently located to the beach and mountains and a vibrant business community. Welcome to Charlotte NC!
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