Hot Properties
Sold-out Watermark condos redefined LKN multi-unit luxury market
Dec. 16. By Dave Yochum. Some residential projects, like River Run and The Peninsula, are game-changers that help establish a market not everyone grasped back in the day. The Watermark condominium project brought mansion-quality living to the multi-unit market in Lake Norman and redefined that market as well. And now it’s sold out—at $900,000 and […]
What happens when you inherit a house
Dec. 13. By Robert Grunnah. You may still be reeling from the loss of a loved one when it’s brought to your attention that you’ve been included in their will. Being a beneficiary of someone else’s generosity can be a blessing — but in certain situations, it might feel more like a curse. If you’ve […]
Homeowners, more so than buyers, appreciate home price appreciation
Oct. 7. By Dave Yochum. New data from S&P CoreLogic Case-Shiller shows year-over-year home price increases of 6 percent in Charlotte with homes selling almost as fast as they are listed. Only Phoenix (9.2 percent) and Seattle (7 percent) out-performed Charlotte in terms of residential price appreciation. Indeed, the suburban residential real estate market is […]
Cornelius homebuilder creates English-themed village on waterfront in Davidson
Sept. 14. Cornelius-based Meeting Street Homes and Communities is bringing a taste of the U.K.’s Lake District to Davidson. Ambleside at Davidson is on Lake Cornelius and has 1,000 feet of walking trails through the wooded landscape and along the waterfront amidst 14 single-family homes. Prices start in the low-$700,000s up to the mid-$800,000s, according to […]
Boards of adjustment have quasi-judicial standing
Aug. 24. A recent appeal filed by several homeowners in the Arrington development—a neighborhood of $300,000 homes off Bud Henderson Road on the western side of Huntersville—about the continued operation of the nearby Broken Arrow Shooting Range was unsuccessful. It leaves the NC Superior Court as their final recourse. The range was there for years […]
Homebuyers will be looking for COVID-19 precautions
May 26. Whether you’re looking to buy or sell, real estate agents are meeting with buyers for home tours again, which can raise questions and concerns about safety amidst the COVID-19 pandemic. Chelle Jeffery, a physician assistant at Novant Health New Garden Medical Associates, offers advice on how to stay safe—beyond social distancing—if you’re searching […]
Design Showcase opens March 14 in Davidson
The Interior Design Society of Charlotte is showcasing three new homes, each valued at well over $1 million, in The Preserve at Narrow Passage just outside downtown Davidson. The homes, built by Augusta Homes, Plattner Custom Builders and Southern Cottage, will be open for tours from March 14 through April 4. More than three dozen […]
Hot Property: Statesville estate listed at $1.75 million
A 74-acre country estate once owned by NASCAR champ Jamie McMurray is on the market for $1.75 million. Located at 218 Pisgah Church Road in Statesville, the gated residence is listed with Rob Drag at Premier Sotheby’s International Realty in Lake Norman. The four-bedroom main residence has more than 4,800 square feet of space. There […]
Strong home price appreciation continues
Net in-migration bodes well for Lake Norman and Cabarrus homeowners—the demand for housing will continue to drive up prices in 2020. “At a regional level, Phoenix retains the top spot for the fifth consecutive month with October’s 5.8 percent year-over-year gain. The Southeast region was also strong, as Tampa, Charlotte, and Atlanta prices all rose […]
2020 vision: More of the same for resales, luxury
The 2020 outlook for home prices is strong—another way of saying it looks like the seller’s market will continue next year, and first-time buyers will go farther to find affordable properties. “Supply channels show little to no relief in sight,” says Pat Riley, CEO of Allen Tate Realtors. Builders are building new homes at a […]
