Move in ready, good schools, convenient south Charlotte address and yes, 4 bedrooms with basement bonus. But, wait until you see the great room/sunroom living area upstairs with loads on natural window light graced by a stunning brick fireplace and pegged hardwood floors. This open floorplan awaits.
Sellers say “SELL” and are ready for quick sale.
See 0ver 30 more photos at http://soldoncharlotte.com/default.asp?f=listing_details&listingid=218018
Ready to entertain? This is the place. Multi-level deck AND patio ready for family gatherings, after work relexattion or your Labor Day party! 4 bedrooms, 2 full baths, spacious updated kitchen with tile floors, backsplash, maple cabinets and more.
Singing Springs off of Sharon View Road, $369,900
Just saw this article spin by my dizzy head as we continue to work hard in a difficult market…..
Come to think of it, I have only had one buyer personally to even talk about trying to make use of this tax credit in the past 4 months…. the 5 consecutive years requirement has hampered many of my homebuyers who are moving up BEFORE living in the home 5 years….. I agree with what the article discusses and economists insist – a tax incentive is rarely a sole motivation for selling a home to find another.
Every market is different and every agent is different…so okay, it’s not just me then.
Ouch.
See the whole article at http://news.yahoo.com/s/ap/20100228/ap_on_bi_ge/us_homebuyer_tax_credit
January, by the numbers for the last four years of Charlotte area real estate sales for Single Family residences as well as condo/townhome sales:
January 2010
1364 closings Average sale price $200,592 List Price to Sale Price % Difference : 13%
January 2009
1258 closings Average sale price $189,048 List Price to Sale Price % Difference: 10%
January 2008
2009 closings Average sale price $218,610 List Price to Sale Price % Difference: 6.5%
January 2007
2615 closings Average sale price $219,270 List Price to Sale Price % Difference : 3.2%
Hear the Rally cry! The historic fire station in Dilworth and South End is in the path of the wrecking ball. An on line movement is afloat to end the demolition of part of our Charlotte history. Please join the Facebook site Save Charlotte’s Historic Fire Station #2 or http://www.facebook.com/group.php?gid=309070404834 . There is strength in numbers. Read more about it in today’s Charlotte Observer story online .
Every voice helps and every voice counts. Last evening we were at 1400 strong and already this morning we are over 1800. We don’t have many beautiful historic buildings left. Please help save this one!
Visit http://www.charlotteobserver.com/breaking/story/1257026.html to learn more.
Your blogger is frozen. In one of the coldest winters ever, it was reported as recently as last week that the average temperature for Charlotte since the first day of winter, December 21, 2009 has been 36 degrees. 4 degrees north of freezing! Two snows thus far when we usually have 2 snows in 5 years! And most of Charlotte’s snows usually arrive in March. We’re not done yet. So if the jet stream has parked itself further south this year robbing Vancouver of it’s winter richness, can we give back? By the way, the first day of spring is a month away, March 20. Bring it on!
Available now…pristine 2 bedroom, 2 bath condo with fireplace, hardwood floors, granite countertops, stainless appliances, fresh paint and carpet, upgraded fixtures … and ready for immediate occupancy. Be in the center of it all at the sought after The Ratcliffe in Uptown. Secured, reserved parking plus exterior storage closet. Annual lease at $1795 per month. Call Carol for preview today.
Almost 1350 heated square feet, small bacony, seventh floor condo in secured building.
See more images and info at http://www.leasingcharlotte.com/rentacondo/theratcliffe2br2ba.html
Spring is just around the corner. The flowers come out to chase away the gray of winter as do Spring home buyers. This year the realization for the class of “move up” buyers is sobering – they may be stuck.
Analysis of the buyer’s current home may yield what the industry calls “upside down”. The value of the present home is less than what is owed on the property which results in sellers having to bring a check to the closing table. Many young buyers simply don’t have that extra cash. There are great deals out there for the buyers desiring to move up or out however without means to sell their existing home, they are forced to wait out the market.
USA Today had a great article on this subject last week. See http://www.usatoday.com/money/economy/housing/2010-02-10-moveup10_CV_N.htm for the national story that we know well here.
Distressing news reported by the mortgage industry last week – 1 out of every 7 homes in the US is behind on payments or already in foreclosure. Thats a sobering national stat.
Realty Trac reports more than 3.96 million foreclosure filings — including default notices, foreclosure auctions and bank repossessions — were reported on more than 2.82 million U.S. properties in 2009, a 21 percent increase in total properties from 2008 and a 120 percent increase from 2007. Also, foreclosure filings jumped 14 percent in December from the previous month and were 15 percent higher than the previous year. For the third straight year, Nevada led the all states with the highes foreclosure rate.
Good New Years Morning!
As I gather my thoughts and pencil in some planning for this new year, a few stats borrowed from yesterday’s Washington Post story are worth a quit revisit.
Y2K seems like yesterday, full of anticipation and hope, much the same as we awake this morning. Fast forward 10 years and a quick review of change indeed.
I confess …. sometimes we get so caught up in the day to day – marking items accomplished off our ‘to do’ lists, answering the next phone call or email, or text or trying to squeeze more hours in a day, we easily miss the sands shifting under our feet – the bigger picture.
Worth passing along in case you missed it – the change from 1999 to 2009:
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The US Population is now 308,150,087 – having grown 28,855 Million.
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The US Work Force has grown from 139M to 155M, or 16 million more of us earning paychecks
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The median household income fell from $44,900 in 1999 to $38,924 today.
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The average US life expectancy for men increased from 73.9 to 75.3 and for women, 79.4 to 80.4.
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US Oil Consumption in barrels per day: 19,519,337 (1999); 19,497,964 (2008).
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China Oil Consumption in barrels per day: 4,363,601 (1999); 7,831,000 (2008).
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Average price of a laptop: $1,155 to today’s $623.
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Number of text messages for a given month: 2.1 billion (Dec 03) to 110.4 billion (Dec 08)
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Internet retail sales: 5 billion to today’s 32 billion.
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The value of a dollar: $1.00 to 77 cents.
Sobering. Nothing as sure as change. Our future is indeed bright however we’ve got a lot of work to do. Enjoy the day. And I’ll see you in a decade and we’ll see how we did.
Yes, a rare New Year’s Eve “blue moon” to ring in 2010. No pun intended – once in a blue moon there is one on New Year’s Eve. Two full moon in one month.
What are you doing New Year’s Eve? Held on the streets of Uptown Charlotte, join us and over 25,000 of your closest friends for an Uptown alcohol free celebration which spans from 3 p.m. until? Bring the kids, get your tickets, enjoy a meal in Uptown, and watch the Queen’s lighted crown raise (as opposed to the NYC crystal ball drop) to present the new year. Join the “People’s Procession”, a parade for one and all. Tickets are $10 and $12 on Thursday. Learn more about events for First Night Kids from ImaginOn and the Levine Museum. Learn about all the numerous events, sponsors and vendors. at http://www.firstnightcharlotte.com/ .
Just once in a blue moon, or just once a year. Bring your friends.