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Mary Schurr Charlotte Real Estate Blog provides information about real estate and the Charlotte NC Region in general.
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September 2011 Charlotte NC Real Estate Market Newsletter-This month report which shows the previous months market activity continues to show a reduction in inventory which typically occurs this time of the year. The good news is the reduction is greater than the past couple of years for the same month. Prices are still slightly dropping in some areas, but others are showing signs of leveling off. Contact me if you would like market information on your neighborhood!  Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County
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Charlotte NC Real Estate Market Report for August 2011-The Charlotte NC Real Estate Market seems to be stabilizes or at least moving toward stabilizing. Each area and each price point can be different, but overall inventory is lower that it has been in the last few years and there are less foreclosed homes entering our market. It is always about supply and demand where prices are concerned. This report will assist you with information about the overall real estate market, but contact me if you would like information about your local neighborhood. It is always good to know where you stand as far as value and be aware of changes as they happen.  Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County
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Qualifies for FHA Mortgage
Just listed Pottery Barn Beauty in the Center of Charlotte, NC. This gem has all the upgrades, too. Hardwoods on most of the main level and in Master Bedroom. The gourmet Kitchen has granite countertops, cherry cabinets, tile floors, and stainless appliances. Master Bath has tile floors, undermounted double sinks, granite coutertops, picture frame mirrors, and a garden tub/shower. The second Bedroom is upstairs with its own private Bath creating privacy for guests or roommates. Second Bath has a undermounted sink, granite countertops, tile floor, picture frame mirror, and tub/shower. There is a large room on the main level that is currently used as an Office, but could have many other uses. There is a wonderful porch and patio that is great for relaxing at the end of the day...rain or shine! This is a gated community, but this townhome's backyard is fences as well. Priced at $224,900. Great location that is close to light rail, Freedom Park, Park Road, Shopping Center, Myers Park, Dilworth, Southpark, & Uptown (Business District) is only 3.5 miles away. Schools are Selwyn Elementary, Alexander Graham Middle, and Myers Park High. Qualifies for FHA Mortgage. Move-in ready!!! Property information
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Charlotte NC Real Estate Market Newsletter July 2011-A report on the Charlotte NC Real Estate stats from June 2011 based on information from our local MLS (Multiple Listing Service). Remember that the tax credit stimulated closings in June 2010 to a higher level. Our Charlotte NC Real Estate inventory is lower and there are fewer foreclosures. All good news for our market. 
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Charlotte NC Real Estate Market Newsletter June 2011-Check out these stats on the Charlotte NC Real Estate market. The data is from the month of May 2011 and from our local MLS. Keep in mind our MLS covers other counties and is not just Mecklenburg Real Estate. Last May 2010 had closings that may have been generated by the tax credit that required them to be closed by June 30 2010.  Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County
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Market Absorption Trend-Update on Ballantyne Country Club, Charlotte NC 6/8/2011-Ballantyne Country Club is an impressive golf course community located on either side of Johnston Road within the Ballantyne Community in South Charlotte NC. Beautiful, custom homes, rolling hills and huge trees always win over visitors driving through the community. The Club offers its members a Rees Jones designed course, tennis, pool, 24 hour fitness center, and dining in the Clubhouse. A Teen Center and Childcare Services are available, too. If you are searching Mecklenburg Real Estate for a golf course community this is certainly one to consider. If you are looking for Charlotte Real Estate the Ballantyne location is an excellent one.Close to I-485 for easy access to the Charlotte-Douglas International Airport, the Southpark area with upscale shopping, and Uptown (Business District) is minutes away. The area offers restaurants, shopping, fitness centers, medical centers, movie theaters, greenway access, specialty food markets, and highly rated schools. What more do you need! Checkout the latest data on sales in Ballantyne Country Club and you will see that now is fantastic time to buy in this desirable community!  Now compare with the previous report from 4/5/2011 below. There are more homes for sale in Ballantyne Country Club and more homes are sold in the spring and summer months. A home still on the market in fall or winter requires greater price reductions to get it sold.Questions?? Contact me for more information on Homes for Sale in Ballantyne Country Club or any Charlotte or Mecklenburg Real Estate. Feel free to comment or ask questions in the comment section, too!  Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County
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Market Absorption Trend: Madison Park, Charlotte NC- Madison Park is an older neighborhood with larger lots, beautiful big oak trees, nicely landscaped yards, and mostly brick homes. Close to Light Rail Stations, Southpark, Park Road Shopping Center, Parks, Restaurants, and Shopping make it a perfect location for a buyer. Only 7 miles to the heart of Uptown makes for an easy commute. Charlotte Douglas International Airport is just 8 miles away and one of the area's main hospitals, Carolina Medical Center is less than 5 miles away. Take advantage of the current home prices in Madison Park while it is still a buyers' market!  Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County.
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Kiplinger.com Names Charlotte NC Among Best Cities for College Graduates. They looked at factors such as overall cost of living, rents, nightlife,percentage of those aged 20-24,and culture. The result put Charlotte NC in the top 10 best cities.  Per Kiplinger.com, "Charlotte is the second-largest banking center in the country, and it has the jobs to prove it: Wells Fargo and Bank of America rank among the city's top employers. Charlotte's diversified economy has also seen gains in fields such as aviation, defense, bioscience and energy production,k and the city added 4,900 private-sector jobs last year alone. US Airways Group has (a major presence) here. Low rents and living costs combined with a glitzy, developing uptown district make it worth a look." The website says the Queen City is "a cost-of-living bargain compared to other major cities" and has a "rebounding economy". It mentioned crime rates and limited public transportation as pitfalls, but falling. Who were the other top 9 best cities? New York Baltimore Colorado Springs, Colo. Washington, D.C. Omaha, Neb. Seattle Boston San Francisco Philadelphia
Interested in learning more about the Charlotte NC Region? It is an area well worth considering for your relocation. I am happy to answer questions and help you learn about an area I know and love. I enjoy sharing about the region and it is part of my job as a Charlotte NC Realtor. Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County.
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Buyer Loves the Neighborhood, But the House needs work! We have heard that a few times. There are so many homes on the market, but not all of them work for every buyer. Many sellers cannot afford to make the changes, updates, or repairs. But, some of these homes for sale could work with a few changes. New carpet, paint, tile, or hardwoods? Maybe, the home needs a lot more such as a total Kitchen or Master Bath renovation? But, the buyer does not have enough money to pay for the changes, closing costs, and down payment out of pocket. This is where the FHA Mortgage comes in! There are two types of 203 K mortgages-the Standard and the Streamline. Here are a few of the differences.  All of the work has to be completed within 6 months of closing, but the buyer funds the work through their 203K mortgage. Loan limits depend on your area, but can run as high as $729,750 (Charlotte, NC is $303,750). There are energy efficient changes that will allow the loan limits to be higher for their value, too. The appraisal is completed with the value of the home after renovations. Owners must use the home as a primary residence for one year. Those are just a few of the requirements and options. This would certainly help remove some of the more challenging listings off the market. For those buyers that find the home in the right location, but just need another bathroom or to expand the Master Bedroom; this could be the answer. As a real estate agent I am aware of many of the features of the 203K Mortgage, but to share all of them could turn this into a very long blog! Your mortgage representative will be the true expert for the details of this loan. It can be a complicated process, but for some buyers AND some sellers it could be very worthwhile. Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County.
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The Charlotte NC Real Estate statistics are out for the preceding month of April. Last year we had the stimulus and buyers had to be under contract by April 2010 and closed by June 2010. That does make our data this year difficult to compare to last year. For more Reports on the Charlotte NC Real Estate market, including Charlotte NC Foreclosure and Short Sales visit my website.  Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County
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Last year our Charlotte NC Real Estate market had the tax stimulus available to buyers as long as they closed by April 30th, 2011 and they were required to close by June 30th, 2011 in most cases. Certainly, that drove up our numbers for several months last year as far as pendings (homes under contract) and closings. It is difficult to compare this year's numbers to that time period, but here are some stats to review data comparing last month and last year. Average sold prices, number of homes under contract, and number of homes closed-all helpful information if you are thinking of buying or selling. Or just following the Charlotte NC Real Estate market the same way you monitor your retirement account reports! Click below to view. 
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Price Reduction on Great Madison Park Home in Charlotte NC- 843 Cooper Drive has had a price reduction bringing it to $204,900! This popular neighborhood has a such a good location in Charlotte. It is close to Light Rail Station, Southpark, Park Road Shopping Center, Parks, Restaurants, Shopping, and much more. It is just over 8 miles to the Charlotte Douglas International Airport and just over 7 miles to the heart of Uptown (Charlotte's Business District). The main campus for just one of our area hospital, Carolinas Medical Center, is less than 5 miles away. There area amenities are all here! This lovely 1496 square foot ranch has refinished parquet wood floors in the Living Room and all 3 Bedrooms. The owner has just put in neutral carpet in the Family Room. This room has built-ins, chair rail, a fireplace, and lovely view of the patio and backyard gardens. The Kitchen has granite countertops, tile back splash, tile floor, recessed lighting, updated cabinet hardware, and bead board chair rail. The Kitchen Bar offers additional dining space. The owner added a Mud Room and a separate Laundry Room. Both have bead board chair rail and tile floors. All of the windows have been replaced. The Master Bedroom has 2 closets and the Master Bath is attached. There is a half bath adjoining the Master Bath that could be converted to a 2nd Full Bath using a hall closet. The over .40 acre backyard is a gardner or nature lover's delight and gives the back deck and patio privacy!! Enjoy your own private nature preserve!!! The link below will allow you to view the home.  Property information Your source for Information about Charlotte NC Real Estate. Learn about Homes for Sale in Charlotte NC and the surrounding communities near Mecklenburg Count
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Madison Park is convenient to Everything
• 1,496 sq. ft., 1 bath, 3 bdrm ranch -  MLS®$215,000 - Great for 203K Loan Madison Park, Charlotte - This wonderful home at 843 Cooper Drive in the popular Madison Park neighborhood in Charlotte NC has a list price reduction of over $10,000!!! The list price is now $229,000!!! The location is fantastic since it is close to Light Rail Stations, Southpark, Park Road Shopping Center, Parks, Restaurants, Shopping and much more! It is just over 8 miles to the Charlotte Douglas International Airport and just over 7 miles to the heart of Uptown (Charlotte's Business District). The main campus for just one of our area hospitals, Carolinas Medical Center, is less than 5 miles away. The area amenities are all here!!
This lovely 1496 sqft. ranch home has refinished parquet wood floors in the Living Room and all 3 Bedrooms. The owner has just put new neutral carpet in the Family Room. This room has built-ins, chair rail, a fireplace, and a lovely view of the patio and backyard gardens. The Kitchen has granite countertops, tile backsplash, tile floor, recessed lighting, updated cabinet hardwood, and beadboard chair rail. The Kitchen Bar offers additional dining space. The owner added a Mud room and a separate Laundry Room. Both have beadboard chair rail and tile floors. All of the windows in the home have been replaced. The Master Bedroom has 2 closets and the Master Bath is attached. There is a half bath adjoining the Master Bath that could be converted to a 2nd Full Bath. The over .40 acre backyard is a gardener or nature lover's delight and gives the back deck and patio privacy!! Enjoy your own personal nature preserve!!!
Property information Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County
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Must see Show-Stopper!
• 4,306 sq. ft., 3 bath, 4 bdrm 2 story - MLS®$555,000 Stonebridge, Mint Hill - Your Dream Home come true! This all brick home has ALL the upgrades, so all you need to do is move right in! The 2 story Foyer, Living Room, & Dining Room have beautiful hardwoods & neutral paint. The Dining Room has trey ceiling, moldings, & access to the Butler’s Pantry. There are 2 separate staircases & a central vacuum. The Kitchen has all stainless steel appliances, expanded island with seating for 4, granite countertops, recessed lighting, surround sound hardwoods, walk in pantry, & Butler’s Pantry. The range is gas with combo convection oven, there is a separate 2nd wall oven, & built in Advantium combo convection microwave. Breakfast Area/Sunroom is nearby with hardwoods, French Door to Deck, & beautiful views of the lovely backyard. The 2 story Great Room has a gas fireplace with stacked stone surround. The many windows provide natural light & the immaculate carpet is neutral. There is an Office/Study on the main level with hardwoods, glass French Doors, & windows for natural light. The Office is on the far left side of the home providing quiet & privacy.
Both of the staircases & the upstairs hallway have the same beautiful hardwoods as below. The Master Bedroom has a large sitting room with arched ceiling & lots of windows. There are hardwoods & 2 walk in closets. The Master Bath has 2 separate vanities, a tile floor, & a separate garden tub surrounded with tile. The large shower has 2 shower heads, a hand shower, a built in shelf, 2 soap dishes, a bench, & is surrounded in tile.
There are 3 secondary bedrooms with neutral carpet & ceiling fans. The 2 baths have tile floors, combination tub showers, are quite neutral, & have been well maintained since they were mainly used for guests.
It may be the owners’ loss, but it can be your gain! This beautiful home with all its upgrades, owners’ excellent care, & great location priced at far less than they paid to build it less than 4 years ago. It is priced for today’s market & truly is a “Dream Come"!! Property information Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County
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Golf Course Home with Pool
• 7,000 sq. ft., 5 bath, 5 bdrm 2 story "With Basement" - MLS®$990,000 - New Market Driven Price!! Piper Glen, Charlotte - Welcome to 4824 Kelly Woods Lane, Charlotte, NC 28277!! This beautiful home is located on the 17th hole of Piper Glen (TPC)’s golf course. The Master Bedroom has amazing views of the lake and golf course through a large window that fills the wall. Master Bath has been updated with a huge seamless, travertine tile shower, whirlpool tub, and double vanity with granite countertops. 2 large customized closets are just off the vanity area.
The Kitchen is very open with granite countertops , Subzero fridge, double ovens, island/bar seating, breakfast area, and large Butlers Pantry. Recently refinished hardwoods on almost all of main level. Plantation shutters in almost all rooms. Most secondary baths update in 2005 and new roof in 2005. Main level has a very open floor plan that is perfect for entertaining with more of the gorgeous views and a covered terrace overlooking the pool, golf course, and lake. Pool is surrounded by entertainment areas and the entire backyard is very private. A must see!!! Walk inside, it is both a surprise and delight!!!
The Piper Glen community is located inside I-485 near the Ballantyne area of Charlotte. Uptown Business District district is 14 miles north of the community. Charlotte International Airport is 20 miles away or 26 minutes. Upscale shopping and dining at Charlotte’s Southpark Mall area is only 7 miles away. Check out Piper Glen’s website for more information www.tpcpiperglen.com. This South Charlotte home for sale is in a perfect location!!!
Property information Your source for Information about the Charlotte NC Region's Real Estate. Contact Me to learn about Homes for Sale in Charlotte NC and the surrounding communities in or near Mecklenburg County
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