Real Estate

This category contains 76 posts
featured_collegeconstruction

Construction is booming at local colleges, universities

By Katie Piccirillo Sherman. UNC Charlotte has launched a $200 million capital campaign, the largest in its history. The “Exponential” campaign will fund new buildings and renovate existing structures. Colleges coast to coast are breaking ground on state-of-the-art facilities. Vicki Saville, Central Piedmont Community College’s associate vice president for construction, says CPCC enrollment has grown 37 […]

Workers line Marigold Place in the Blume subdivision in Harrisburg, NC.  150 homes have been built since construction began in 2013.  With 297 lots planned multiple homes are under construction with lots selling quickly. Photo by Marty Price

Harrisburg is a boom town for homebuilders large and small

By Marty Price. Nationally, new home sales have risen to the highest levels since 2007, but they’re still below the peak level of 1.39 million units in July 2005.  July was the first month that the rate exceeded 600,000 since early 2008. Before the recession, the last full year below that mark was in 1991. “Home […]

featured_nicbatumhouse

Basketball star Nic Batum buys Cornelius mansion

One of the biggest names in Charlotte sports has purchased one of the biggest lakefront homes in Cornelius. Hornets star Nicolas Batum paid $3.725 million for a 10,000 square foot estate on Nantz Road, according to Mecklenburg County tax records. On July 7, Batum re-signed with the Hornets, inking a five-year, $120 million contract. It’s bigger […]

realty

Lake Norman Realty plans open house for ‘Grand Re-Opening’

Sept. 21. Lake Norman Realty is welcoming the public to its newly expanded office in Denver at 1818 N.C. 16 North. The newly redesigned office features new client meeting areas, a large training room, a computer workroom and offices for associates. There will be a “Grand Re-Opening Open House” event at the Denver office on […]

Plot of land for Cornelius' new Arts Center

Cornelius buying land for old town arts center

Julia Telford King will open a new stand-alone real estate office in downtown Cornelius this fall. It could be the beginning of a resurgence in the historic downtown which once bustled with mill workers and farmhands. She has purchased a live-work unit where retail space is on the ground floor and owners live on the […]

Leigh Brown honored as real estate innovator

Leigh Brown, CEO of RE/MAX Executive Realty Leigh Brown & Associates, won second place as Inman Most Innovative Agent/Broker at the recent Inman Connect 2016 Conference in San Francisco. Brown was one of 22 individuals to be honored as a mover and shaker in the industry at the real estate technology conference. “I am honored […]

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 […]

Allen Tate opens Statesville office

Aug. 8. Allen Tate Co. opened its 42nd office at 117 N. Center St. in Statesville, in the historic downtown area, Aug. 1. Hilary Broadway, branch leader of the Allen Tate Mooresville/Lake Norman office, is Statesville branch leader. “We’ve received a very warm welcome from the community. We look forward to growing our presence here, helping more […]

featured_denverlkn

Pace of West Lincoln growth brings worries for traffic, lake

By Erica  Batten. While traffic congestion and concerns about fast-paced development are common on the eastern side of Lake Norman, the lake’s west shore is relatively congestion-free. But with red dirt being turned up by the ton these days in Sherrills Ford, Denver and adjacent communities, there’s no doubt the west shore will catch up to […]

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 […]

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