2909 Manor Road, Charlotte, NC 28209

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Posted By Holly on September 30th, 2011

Located in Myers Park Manor, at 2909 Manor Road, this 3 bedroom 2 bath home is beautifully appointed.  The lovely decor includes new designer paint colors, new bronze light fixtures, new bronze hardware, and a  new front door with storm door.  The newly remodeled spacious kitchen features granite counter tops, ceramic tile floors, tons of cabinets that are glazed maple, GE profile stainless appliances, gas cook-top, pantry, tumbled tile back-splash, and eating bar.

2909 Manor Road

The living room, with fireplace and gas logs, opens to the dining room.  A master suite addition has beautiful windows, vaulted ceiling, door to the deck, private bath and huge walk in closet.  There are 2 additional bedrooms, one of which currently works as a den/office, and another bath.  Most of the home has gorgeous hardwood floors.
The large back yard is fenced with a deck, patio, irrigation system, and a storage building.  Other new additions include a new roof and a new 3-car concrete drive.
The location could not be better in a neighborhood of large shade trees and parks.  Walk your dog one block to the green-way leading to Freedom Park.  Restaurants and shopping are just a few blocks away and there is plenty from which to choose.  Stores include a large grocery, upscale hardware, book shop, coffee shops, bakeries, and other useful specialty shops and businesses.
Public schools are close and are:  Selwyn Elementary, Alexander Graham Middle, and Myers Park High School.
This home is a must see, shows great and is in move-in condition.  The neighborhood is welcoming with people walking dogs, pushing strollers and jogging.

Demand is up; supply is down… damn the politicians (I mean torpedoes) and full speed ahead!

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Posted By Jeff Adams on September 13th, 2011

Good Afternoon Everyone,

In the past two years the Charlotte Regional Realtor Association MLS area has seen the number of new listings decrease 21%, and the number of homes under contract increase 12.7%.The decrease in new listings and the increase in sales has caused the months of supply of inventory of homes to drop to 7.3 months of supply today from 12.1 months of supply of inventory two years ago. Please reference the related charts attached above.

A six month supply of inventory has historically been considered a balanced market. As our supply of homes for sale on the market approach this six month level we are beginning to see home prices firm up. And in the meantime, as we can see from the units under contract chart, demand for buying homes has continued to steadily increase over the past three years.

Attached above is the 3 year history of showings of our company’s listings. The number of showings of our listings has increased steadily. For August 2011 our listings were shown 629 times vs. 427 showings in August 2010 vs. 464 showings in 2009 (when the first artificial stimulus, first-time, home buyer credit was offered).

For the 12 months ending August 31, 2011 our showing traffic is up 15.6% from the period September 1, 2009 thru August 31, 2010. An increase in our showing traffic is a good predictor and indication that our sales for September will increase as well.

Despite the August debt crisis and despite the August downgrading of America’s credit worthiness, the American people, or at least those in Charlotte, were out shopping for houses in August in ever increasing numbers….a trend which has continued almost every month for the past 3 years! Uncertainty about the future of the national economy, it seems, does not mean that home buyers in Charlotte can’t recognize a good opportunity to buy when they see one.

Please take a moment to glance at the newspaper articles from the Charlotte Observer and Wall Street Journal. The Observer quotes Standard and Poor’s David Blitzer as saying, “This month’s report showed mixed signals….which suggest that we are back to regional housing markets, rather than a national housing market where everything rose and fell together.” Take this thinking a step further and consider the 13 zip codes our company primarily operates in and you can easily see that these zip codes have outperformed our entire MLS area.

The Case Schiller graph shown in the Wall Street Journal article shows the trend line of home prices of the 20 largest cities/MSAs from January, 2003 through June, 2010. Charlotte’s price trend line has one of the smallest bubbles, and our price change from the peak to the trough ranks us as the 4th best market among these 20 cities. Home buyers in Charlotte understand this.

Happy selling and listing,

Jeff

Doug Sidell gets the job done!

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Posted By Helen Adams Realty on September 2nd, 2011

Walking in to the Helen Adams office and meeting Doug was an amazing experience and truly a blessing! We entered the office unannounced just out of curiosity after discussing our need to move into a bigger home. Doug instantly made the time to sit down with us and took an active interest in our needs and concerns. After leaving the office Doug immediately got to work and was emailing and calling us within the hour. This was a great surprise! Within just 2 weeks of walking in to the Helen Adams office and meeting Doug, we had found a really great house in a really great

Doug Sidell of Helen Adams Realty in Charlotte, NC

Doug Sidell

neighborhood, and Doug had negotiated with the seller a price that was within our budget making the home a really great deal! And all of this within just days of meeting Doug! And that’s not it! Going above and beyond finding and negotiating the house and deal, Doug connected us with his mortgage affiliates and got us a better mortgage loan than the one we were working on. What a deal! Within 60 days we were moving into our new home, a dream come true! Doug’s a great Realtor, a great friend, and overall a great guy who really cared and worked hard on our behalf and thanks to him, my kids are running around in their new home with plenty of space, playing in their new back yard and my wife and I are just happy and excited about this new beginning and accomplishment in our lives. We have a new home thanks to a great Realtor and a great friend.

Trever & Mary Lou Swint