luxury real estate
Allen Tate CEO’s real estate outlook for 2022
Dec. 1. By Dave Yochum. The pandemic helped spur one of the tightest housing markets in US history, with prices nationwide climbing at mind-boggling levels. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 19.5 percent annual gain in September, down from 19.8 percent in the […]
Cornelius home on the market for $5.8 million
Sept. 16. A lakefront house has come on the market for $5.8 million, one of the highest prices so far this year in Cornelius. The home, at 19129 Serenity Point Lane, has more than 10,000 square feet of space on a two-thirds acre waterfront lot. The house was styled after the multimillion-dollar “cottages” in the […]
Peninsula mansion sells for $6.25 million
June 22. A home on Flying Jib Road in The Peninsula has sold for $6,250,000. The six-bedroom, 9,894-square-foot mansion on Lake Norman across from the Peninsula Yacht Club changed hands last week for a cool $632 per square foot. The home was listed by Lance Carlyle of Cornelius-based Carlyle Properties. The home on Flying Jib […]
Construction begins on $90 million senior ‘resort’ in Huntersville
June 17. Construction on Symphony Park, a luxury independent living resort for seniors, began Thursday with a groundbreaking ceremony that included Huntersville’s Mayor John Aneralla, local officials, designers BB + M Architecture, and landscape architects and civil engineers Cole, Jenest & Stone. The $90 million resort is set to open in the fall of 2022, […]
Million-dollar home sales
4/30/21 $2,500,000 Terrence & Kimberly Katon to Matthew David, 19633 Stough Farm Rd. 4/30/21 $2,410,000 Andre & Sherry Blanc to Kyle & Linda Taylor, 18412 Town Harbor Rd. 5/4/21 $3,500,000 Michael & Amy Best to Lawrence Connell, 18810 Halyard Pointe Ln. 5/5/21 $3,050,000 Stuart Ross Revocable Trust to Bradford Leach & Jameela Nikolich, 177226 Green […]
Allen Tate CEO says in-migration will support price appreciation; no bubble forecast
Jan. 5. By Dave Yochum. Pat Riley, president and CEO of Allen Tate Cos., says ongoing in-migration will continue to support home price appreciation in and around Lake Norman and Cabarrus in 2018. “In-migration, on top of a limited supply of homes under $400,000, puts additional pressure on appreciation,” he said. The dean of residential […]
