For those unwilling to take the big plunge and sell their house at current market value, another great option is the rental market. Charlotte has always had a strong demand for rental properties adjacent to center city, with banking transplants, doctors and athletes, but now more than ever rental properties are in demand. Renting your [...]
In this slow season of economic resurgence, condominium prices, as well as single-family homes in Charlotte, have stabilized as sellers have adjusted their list prices according to the market. “Chasing the market” is the phrase real estate agents use in describing a seller’s attempts to mark their list price high and then continue to drop [...]
Right now there is a glut of homes for sale in the south Charlotte housing market. Between Sharon Amity Road and Highway 51 there are more than 200 homes for sale that are large, in good condition and in school districts that traditionally have a reputation for parent involvement and high test scores. And did [...]
New residential construction was once a hallmark of progress in Mecklenburg County. Not only were big builders like Pulte, Ryan and Eastwood homes succeeding in the speculative sales market here, but smaller homebuilders were also riding the train, littering the interior neighborhoods from Eastover to Plaza Midwood with speculative sites. Fueled by investment-hungry banks, these [...]
“All you need is love,” the Beatles sang, and in this month of St. Valentine this epithet has struck Charlotte’s market dead on. Developments that are built on an aging model of efficiency are not working anymore. Those that are blossoming in this springtime hope of recovery are projects built with love. And developer Peter [...]
Demand. The dragon of development. Those who slay it win everlasting victory. Those who are defeated lie dead in foreclosure. Mastering this tricky beast is the quest for those who will win progress and new development accolades for the Queen City in 2011. Take the shining knight, if I may, Charles Thrift, senior leasing agent [...]