The stately and unique residence at 6100 Monroe Road has been on the market for a year now. Originally listed at $1.2 million, the home was just reduced to $750,000.Read More »
Residential Real Estate
Call it the HGTV effect. Home buyers have high expectations when it comes to a new home. You have to grab them in the first seven to 10 seconds or they move on.
Tagged with: Allen Tate Real Estate Cal Mitchener Charlotte Virtual Home Tours Cindy Barnes Cottingham Chalk Hayes International Association of Home STaging Professionals Janet Thoren Jennifer Manchester Mingle School of Real Estate North Carolina Real Estate Commission Peggy Peterson real estate Staging Suburban PropertiesRead More »
How do you build a house in 30 hours? Help. Lots of help, like 150 around-the-clock volunteers, a handful of professional supervisors and a dozen paid AmeriCorps interns. If there was a third "H" in Habitat for Humanity, Frank Spencer said, it would stand for help, on which the organization depends for its existence.Read More »
A Charlotte-area realtor has lost her license but has managed to keep her business after fully refunding the company’s trust fund. Julie Edwards Van Slambrook, the broker-in-charge and co-owner of First Properties of the Carolinas, was stripped of her real estate license in March after it was learned that she embezzled nearly $100,000 of client funds held in trust.Read More »
A new Homeowner's Bill of Rights, SB 321, aims to eliminate the runaround some homeowners got from banks by requiring lenders to assign homeowners a single person to contact. It bans dual-tracking, in which a bank pursues a foreclosure at the same time a homeowner is working on a short sale. And it eliminates "arm's length" rules, in which banks barred people from buying distressed properties from their relatives or other close associates.Read More »
Led by the behemoth Blackstone Group, the largest alternative investment company in the world, institutional investors are buying a lot of single-family homes in Charlotte, fixing them up, renting them out and holding onto them to see if they rise in value. One of every five houses sold in May, June and July in the Charlotte market went to big investors, a higher percentage than in any other market but Atlanta.
Tagged with: American Homes for Rent blackstone group Eric Locher invitation homes j.c. underwood Metrolina Real Estate Investors Association Nancy Braun national association of real estate investment trusts national real estate investors association oakmont homes RealtyTrac rentrange robert shiller The American Home Tom PearsonRead More »
Trulia, the online real estate search engine, just released a survey of the top 100 metro areas, looking to answer the age old question: Should you rent or should you buy? Their answer for Charlotteans is buy.Read More »
Thanks to a building permit worth $755,872, a property owner on the Peninsula soon will be able to boast, “I can see Denver from my house.” That property owner, Ramzi Abul-Hajj of Huntersville, on Tuesday pulled the most valuable Mecklenburg County single-family home permit of the year to build a 10,000-plus square-foot waterfront home on the very westernmost tip of the county’s extension into Lake Norman, according to county records.Read More »
If you have to save trees in the forest, and there is no forest, does it make a noise at town hall? That was the question recently brought before the Huntersville Planning Board.Read More »