The Maxwell House Group Real Estate News (Week Ending 10/21/2011)

Charlotte Fire Department's Extinguish Cancer Truck

We're still pink in honor of Breast Cancer Awareness month!  Do consider donating to research for this devastating disease affecting 1 in 8 women.  As for  Savvy Charlotte home buyers and sellers this week, more good news on the 'home front!'   166 Closings were logged this past week and 321 single family homes and condos have gone into Escrow, showing a significant positive movement towards the real estate recovery, even with the below data from just the past week! CHARLOTTE SINGLE FAMILY HOMES CLOSED SALES DATA:  134 single family homes in the Charlotte proper market were Closed this … Continue reading...

Uptown Charlotte NC Real Estate Market Report OCT 2011

Charlotte Real Estate Update

What's the Real Estate Market in Uptown NC Doing These Days?   Uptown Charlotte NC, with homes in the 28202 zip code, is primarily comprised of condos as the vertical boom of the late early 2000's flooded the market with mid-rise and high-rise buildings in both affordable and luxury ranges.  The market was very quickly absorbed, in fact, the envy of most other larger metropolitan areas.  As the market begin to soften in 2008, Uptown condos were some of the hardest hit by the change in the economy, plummeting in values, leaving many Uptown Charlotte homeowners with critical financial … Continue reading...

Charlotte NC Real Estate Report and The Maxwell House Group News (Week Ending 9/23/2011)

Real Estate Market Report for Charlotte NC | Savvy eNews for Week Ending 9/24/2011 Savvy Charlotte home buyers and sellers logged *124 Closings this past week and 234 homes have gone into Escrow, showing a significant positive movement towards the real estate recovery, even with the below data from just the past week! CLOSED SALES DATA: List Price:  $215,800 Sales Price:  $203,390 Avg. List to Sales Price Ratio:  94% Avg. Heated Square Feet:  2,135 Price Per SF:   $95.26 Average Days on the Market:  116 PENDING DATA: List price: $202,783 Heated square feet:  2,183 106 Average days on the … Continue reading...

Charlotte Real Estate Market Report | Average Sales Prices | SEPT 2011

Charlotte NC Real Estate Market Reports

Charlotte Real Estate Market Report | Average Sales Prices | SEPT 2011 As sellers began closing the fire hose on additional market supply, Charlotte’s real estate market is showing a significant inventory reduction.  Simultaneously, buyers are absorbing nearly 25% more active Charlotte listings than in 2010. Just as predicted, due to our typical seasonal fluctuations, we are seeing a bit of a slowing market this month.  However, based upon these same variables in seasonal sales, the reduction of inventory coupled with the increase in pending sales, is a positive for Charlotte home … Continue reading...

Charlotte NC Real Estate Market Report and Savvy News SEPT 16, 2011

The Maxwell House Group Real Estate Charlotte NC

Savvy Charlotte home buyers and sellers have had a busy week!  *145 Closings were recorded this past week and another record 275 homes have gone into Escrow, showing a significant positive movement towards the real estate recovery, even with the below data from just the past week! CLOSED SALE DATA: List Price:  $194,544 Sales Price:  $181,223 Avg. List to Sales Price Ratio:  93% Avg. Heated Square Feet:  2,077 Price Per SF:   $87.25 Average Days on the Market:  100 PENDING DATA: List price: $228,703 Heated square feet:  2,287 95 Average days on the market (*Note this is for Charlotte city … Continue reading...

Charlotte Real Estate Market Report and Savvy News for W/E 9/10/2011

Charlotte NC Real Estate Agent

Great news across Charlotte for home buyers and sellers!  *145 Closings were recorded this past week and another record 264 homes have gone into Escrow, showing a significant positive movement towards the real estate recovery.  Ricoh announcement this week added to the real estate recovery excitement as well!  (*Note this is for Charlotte city and single family homes only.) Congratulations to all Savvy buyers and sellers on their home purchases and sales this week!  Happy moving! If you’re a buyer, currently searching for homes for sale in the Charlotte area, don’t miss our open houses this … Continue reading...

Charlotte Real Estate Recovery – July 2011 Housing Numbers Promising

Charlotte Real Estate Recovery - July 2011 Housing Numbers Promising Charlotte Metro region's home sales posted 10% gains in July from same period last year.  2,170 single family homes, condos and townhomes sold in the Charlotte region in July while pending sales (in Escrow) are up nearly 17% from July 2010.  These positive numbers are reflective of a market that had no artificial inflation due to the tax credits of last year. We're seeing upward movement in Closings and pending sales, partly because of the typical springtime boost and partly because foreclosures and short sales are … Continue reading...

Marvin Creek Market Absorption Trend – Charlotte NC Areal Real Estate Market Report 8/2011

Real Estate market report in Marvin Creek

Marvin Creek Waxhaw NC is mere minutes from I-485, I-77, I-85, Rea Road, Hwy. 521 and NC-16 (Providence Road), making it a convenient location to Ballantyne, Uptown, SouthPark, Charlotte Douglas Airport and simply everything Charlotte!  Nearby shopping and restaurants as well as award-winning school assignments add to the appeal of this gorgeous South Charlotte community. Marvin Creek is showing continued stability and is currently in a sellers' market as demonstrated by the market absorption trend below:     Search Marvin Creek Homes for Sale     … Continue reading...