Hot Properties
Hot Properties
In Cornelius A lakefront house at 16520 Belle Isle Drive has sold for $1.42 million after being listed by Emily Duke of Ivester Jackson at $1.499 million. The main level has an area of 2,010 square feet while the upper level comprises 2,290 square feet. The five-bedroom, five-bath house has a tax value of $1.14 […]
Hot Properties
A lakefront house at 16520 Belle Isle Drive in Cornelius sold for $1.42 million. The selling agent was Sandy Reynolds with ReMax. The land underneath sold for $196,000 in 1996 A lakefront home down Jetton Road has sold for $1.45 million after being listed at $1.5 million by Dixie Dean of Allen Tate. The […]
Milllion-dollar homes continue to sell
In Cornelius A 7,000 square foot lakefront home at 15536 Fisherman’s Rest Ct. in The Peninsula has sold for $1.175 million. The house has two master suites, as well as heated floors in the baths, a three-car garage and a deeded boat slip. Sandy Reynolds with ReMax Executive in Cornelius represented the sellers, while Bill […]
Race driver Mark Martin sells home for $2.425 million
Mark Martin, one of the biggest names in NASCAR, has sold his house in The Peninsula for $2.425 million. The lakefront home, on Halyard Pointe Lane, was on the market a little lover three months. The house has walls of windows over looking 190 feet of shoreline. Inside are state-of the-art automation, artisan millwork, a […]
2017 looks like more of the same: Tight inventories, rising prices
Residential resale prices are up 5.6 percent year over year in Charlotte, a little less than the national average, but a strong showing nevertheless. Charlotte has traditionally seen more moderation around highs and lows than cities like San Francisco or Miami. The national average for December 2016 over December 2015 was 5.8 percent. According to […]
Baby Boomers at root of move-up bottleneck
Curious what the Baby Boomers have been up to? Not much, when it comes to their homes. Baby Boomers are laying low and staying put, many in homes they have lived in for more than a decade. Because Baby Boomers are healthier and living longer lives, they are choosing to downsize much later than previous […]
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 […]
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 […]
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 […]
