Hot Properties

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Upward trend for high-end house values

Upward trend continues for high-end properties

House values in the Charlotte area posted a healthy 5 percent gain during May, according to the latest S&P CoreLogic Case-Shiller Indices, a national survey of residential sales in 20 major cities. Values in Charlotte rose at about the same rate as the national average, according to the report. S&P says nationwide house values are rising […]

188 Windwood Lane in Troutman for $1.215 million

It looks like more price appreciation this year, next year

Look for above-average home price increases to continue this year and next year. Pat Riley, the president of Allen Tate, says inventory shortages are not going away anytime soon. The historic recession that began in earnest in 2008 decimated the home construction industry with construction workers and contractors disappearing, some never to return. “I don’t […]

104 Barnstable court

Prices still climbing at a healthy rate in Charlotte

The S&P/Case Shiller Home Price Index rose .72 percent nationwide, which is great news, but the news from Charlotte is even better. Reflecting deals that closed in March, the Charlotte index of prices rose .87 percent. The Case Shiller index measures the value of residential real estate in 20 major U.S. metropolitan areas, from Atlanta […]


Luxury in Cabarrus: Top 5 closed deals

Address SqFt Acreage DOM Sale Price 1 3211 Trinity Church Road 6,335 10.290 151 $1,475,000 2 9385 Greathorn Lane 7,019 5.000 421 $1,008,000 3 3400 Rankin Road 3,153 5.050 9 $941,000 4 1755 St. Johns Church Road 5,138 61.250 44 $860,000 5 401 Conifer Place 6,270 3.240 493 $850,000 In Cornelius  A 4,000 square foot […]

15401 Jetton Road in Cornelius sold for $1.55 million

Where the air is thinner, so are the showings

What’s going on in the high-end market? It’s a tale of two cities—Under about $1.1 million vs. over $1.1 million. There were 1,235 total showings for homes priced between $725,000 and just under $1.1 million, according to Angela Standish, sales manager for Allen Tate’s Lake Norman and Davidson offices. For houses priced at just under […]


Charlotte proximity, lake, weather drive market

The S&P/Case-Shiller index shows prices increased 5.4 percent year over year in December 2015 vs. a 5.2 percent increase the month before. A 20-city composite showed a year-over-year gain of 5.7 percent in November and December. Portland led the way with an 11.4 percent year-over-year price increase, followed by San Francisco with 10.3 percent and […]

410 Conifer Place in Concord for $850,000

Helen Adams moving LKN office to Cornelius

Charlotte-based Helen Adams Realty will move its Lake Norman office from Huntersville to Jetton Village in Cornelius, just outside high-end neighborhoods like The Peninsula, Patrick’s Purchase and Shearwater. The new office, some 3,000 square feet, will be within eyesight of Premier Sotheby’s International and some of the luxury agents at Allen Tate’s Lake Norman office […]


One of the largest residential sales in Mecklenburg County in 2015 was in Cornelius.

A 9,866-square foot lakefront home at 16709 Tinker Place sold in December for $3.7 million. Tinker is a small street off Molly Pop Lane, where race driver Denny Hamlin is building a 30,000 square foot house. The three-level, seven-bedroom mansion that sold Dec. 17 was built in 2012. The seller and builder was Jamie Rolewiscz […]


Real estate outlook is stellar, due to in-migration, economy

It looks like home sales and home prices will rise faster than the national average here because of continuing in-migration. Indeed, Charlotte and parts of the South and Midwest will do better than other parts of the country because of affordability and appeal to a younger set of buyers. It all bodes well for the […]


High-end market has differences across price ranges

Home prices are still climbing in the Golden Crescent, but selling a swanky abode always was and always will be best left to the pros. For one thing, it takes stamina to sell homes that cost six, 10, even 20 times the cost of the average North Carolina home. Abigail Jennings, president of Lake Norman […]

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