I wanted to take some time to write you a letter about how fantastic our experience was with Lauren Ponder on the recent purchase of a new home and listing of our current home.
In showing us homes, Lauren was honest, open to our feedback and organized and the second time that we went out with her we found the home that we fell in love with! Lauren listened to what we were looking forward and was able to pinpoint the right area and communities for us to focus on. Also, Lauren was helpful in reviewing the contract and terms, negotiating our price and setting up all of the appointments from the surveyor to the home inspection. She always responded promptly to my many texts, emails and calls with random questions that I would come up with almost daily. In the end, she made us feel as though we were her only customers, and the process was so easy and stress free. Closing truly was a breeze!!
In addition, we used Lauren to put our current home on the market. The brochures that she provided looked amazing and professional and the marketing that Helen Adams did for our home was beyond our expectations. We had a tremendous response and had 17 showings within 2 weeks of our home being on the market. We did find a renter within that timeframe as we had it up for sale or for rent. Lauren was able to provide me the rental agreement, what I needed to set up as a landlord and again helped with the many questions that we had.
Lauren’s customer service, knowledge about real estate and her easy approach to everything made her so easy and fun to work with. I would highly recommend her and Helen Adams to anyone I know who was looking to buy or sell a home. I truly believe that the seller’s at closing were even jealous we had such an amazing realtor!!
Travel+Leisure recently ranked the Charlotte-Douglas airport as the 2nd best in the country! The stated reason was as follows: Need to get online fast? Travel through Charlotte, which got top marks for Wi-Fi. It also ranked first for baggage handling, curbside check-in, and staff communication. The North Carolina hub is so well rounded that it scored highly for its convenient location (ranking third) as well as for airport lounges and the overall check-in and security process (second). If anything, it could use some improvement in the terminal cleanliness (fifth) department.
This is great news for anyone living or looking to move to Charlotte that travels a lot!
My fiance, Jordan and I made the decision to move from Baltimore to Charlotte in late 2011. We chose to relocate for an employment opportunity. If you have never uprooted your entire life and moved to a city that you originally knew nothing about, I will say that the level of stress is overwhelming. Picking a community is a daunting task in and of itself, let alone finding a home that meets all of your criteria within that community. There is no one that we would have rather shared this challenging time with than our realtor, Julie Sharpe.
To say that Julie was an asset to us is an understatement. She was patient when we were deciding on the community that worked best for us. She was kind in answering all of the questions that I personally had as a first-time home buyer. She was knowledgeable in knowing what features in a home we were able to have, given our price range. She was unwavering and supportive as we requested to see house after house after house. She was honest with us when helping us critique the homes we saw.
If we could have picked the qualities that we were looking for in our ideal realtor, Julie would have been it. I hope that Helen Adams realizes what a true asset they have in Julie. She goes above and beyond for her clients each and every day.
Julie will always have our sincerest thanks for helping us find our dream home. If and when we decide to sell our home years and years down the road, Julie will be our first call.
After roughly four years of wallowing in the doldrums, the Charlotte-area housing market is showing new signs of life, local agents and experts say.
Sellers are starting to get multiple offers again. Buyers are losing their top picks. Some condo projects that sat empty during the recession are selling out.
No one suggests the heyday will return anytime soon. Prices are still struggling and are expected to drop again this year. Thousands of distressed homes are sitting on the sidelines, either owned by banks or mired in the foreclosure process.
Still, agents say, they are showing more units and writing more contracts than in the past two years. They say buyers are starting to offer more, just as sellers are becoming more realistic in their prices. The result: Sellers are getting a greater percentage of what they are asking.
In February, Charlotte-area buyers paid an average of 90 percent of the listing price, up from a low of 87 percent last year and the highest since 2008, according to the Carolina Multiple Listing Services. Before the real estate bust, buyers typically paid around 95 percent of the listing price.
“It shows me homes are being priced correctly, and it also shows me buyers are willing to pay,” said Jennifer Frontera, president of the Charlotte Regional Realtor Association. “It’s a sign things are getting better.”
Homes that are getting the most interest are those that have been well-taken care of, are staged well, are in sought-after neighborhoods, and are “properly” priced, which may be between 10 percent and 30 percent below the peak, agents say.
The Charlotte housing market has shown fits and starts before. But agents and experts believe this increase is sustainable. They credit rising consumer confidence, pent-up demand, historically low interest rates and a shrinking supply of homes.
Nationally, Realtors’ confidence in the single-family home market hit a four-year high in February, according to a survey of 4,300 agents by the National Association of Realtors.
Real estate agent Megan Triplett with Allen Tate Realtors said her office in Gastonia started buzzing in the beginning of February.
She declined to share specifics, but said her sales activity has doubled over what it was this time last year. She said one house that has sat on the market for nearly a year recently received four offers within a week and has since sold. Previously, the house had received only one offer, which was for half the $235,000 listing price. The recent offers are closer to the listing price, Triplett said.
“Previously, we saw ugly offers. It was insulting to sellers and lowered morale,” she said. “Buyers aren’t bottom feeding anymore. It’s exciting again.”
One Friday last month, Charlotte real estate agent T.J. Larsen found a home for sale that he wanted to show to his client. But by the time they tried to see the Myers Park property the following Monday, the $1.8 million house had sold.
The same thing happened a week later with a different client. Larsen spotted a listing for a home priced for $425,000 in the Elizabeth neighborhood in the morning, and by the time he tried to make an appointment that evening, the house was under contract.
“I’ve got to start sharpening my teeth with my response time and how aggressively I go after getting appointments,” said Larsen, owner of My Townhome Realty and Maison Properties. “Over the last four years, one tactic was to delay and not show you were that interested. You could do that in a slow market. You can’t do that anymore.”
Retiree Terry Holland and his wife Kris were surprised by the competition when they were house hunting earlier this year.
The couple lost a condo to another buyer. Then, during the drive to a showing for a house, their real estate agent got a phone call saying that house had just sold.
“We were kind of surprised at how quickly some of the properties that we had our eye on did move,” said Holland, who moved to Charlotte from Dallas to be near his four children and five grandchildren. “We learned within a relatively short period of time, if we see something we like, we better move on it.”
They recently closed on a 2,400-square-foot home with a yard and downstairs master bedroom off Providence Road in south Charlotte, paying in the mid-$200,000s. Holland said he feels it’s a great time to be a buyer because interest rates are low and home prices are off their peaks.
In Charlotte, the average sales price for all homes in February was $184,775, according to the Carolina Multiple Listing Services. That’s down nearly 16 percent from $219,515 in February 2007.
Pat Riley, chief operating officer with Allen Tate Company, said the market is benefiting because sellers are more realistic about what they may get for their home.
Companywide, Allen Tate’s sales between January and March 23 rose 37 percent to 4,023 units, up from 2,900 units sold during the same time last year.
“We were gummed up the last couple years with a lot of people that were wishing and dreaming,” Riley said. “Now we have a much more motivated seller than before, and a more educated buyer and seller.”
Still, Charlotte-area home prices will likely fall another 2 percent or 3 percent this year because new foreclosures are expected to hit the market and homebuilders are starting to build again, boosting supply, he said.
Riley expects prices to stabilize in 2013 and start appreciating at a rate of 1 percent to 3 percent a year. Some experts don’t expect housing prices nationally to return to pre-recession levels for another 10 years.
2 offers in 2 days
Charlotte real estate broker Andy Pressley said he averaged two dozen deals a year during the boom days then slowed to about one dozen in recent years. He said he’s already closed a dozen transactions in the last three months, including selling some houses “I thought would never sell.”
“There was literally a light switch that went on at the end of the year,” said Pressley, president of MECA Properties. Recent buyers include a young couple who moved here from Florida and a retired couple in San Diego who wanted a second home close to grandchildren.
Pressley listed Craig Brown’s duplex near Johnson C. Smith University for about a year without any nibbles from prospective buyers.
“Nothing happened and nothing happened, and then I get a phone call and I get two offers on it in two days,” said Brown, who is with a local real estate holding company. Priced at $55,000, the property sold for $47,500 in cash and closed within two weeks. Brown said he sold a similar property a year and a half ago for less.
“I’ve got to believe it’s all a good thing,” Brown said. “The market’s been so soft for the last three or four years, maybe they are turning some of these things around.”
Wells Fargo senior economist Mark Vitner said the market is improving for nondistressed properties. The number of homes available for sale on the market has been shrinking, to 8.9 months of inventory in February, down from 12.4 months’ supply the same time last year, according to MLS. A healthy market is thought to have about 6 months of inventory on the market.
This inventory does not include shadow inventory – the term for homes that are crawling through the foreclosure process, properties that have been foreclosed on but not put up for sale, or houses whose borrowers are so delinquent they are unlikely to recover. An Observer analysis found the Charlotte area had 16,800 distressed properties not counted among homes for sale in October, more than double the 7,887 homes on the market. It’s widely believed those properties will depress prices, delaying a full recovery.
Vitner said more of the distressed properties coming to the market have been vacant longer and have significant maintenance problems. Such sales can also take longer and require more paperwork.
“For buyers wishing to avoid the hassles of buying a distressed property there simply is not much out there to chose from, which is why properties are getting multiple offers,” Vitner said.
Frontera, the local Realtor association president, said she expects the market, and home prices, to see some small dips this year. But overall, she said, she believes the market is gaining strength.
”I don’t think (a recovery) will be a straight shot up. I think we’re building everything back,” she said. “Everything fell apart. We’re putting the pieces back together.”
Read more here: http://www.charlotteobserver.com/2012/04/05/3156245/charlotte-housing-market-showing.html#storylink=cpy
FORT MILL, S.C.– The Charlotte Knights are pleased to confirm that the team has fulfilled its commitment to provide proof of two significant, long-term sponsorship agreements to Mecklenburg County. Those sponsorships include our Naming Rights Partner and one Founding Level Partner. Providing such proof by March 31, 2012 was a condition required to maintain the validity of the Knights’ lease agreement with the County.
“The Board of County Commission seemed confident that the team has met the private sector investment benchmarks required by the county as a part of the Knight’s lease extension,” saidHarold Cogdell, Chairman of the Mecklenburg County Commission. “These two significant sponsorship agreements suggest to me that baseball Uptown and the favorable economic impact that will follow will soon be a reality.”
“This development is a major milestone in the process to bring baseball home to the Center City and our Knights back to Charlotte,” said Michael J. Smith, President and CEO, Charlotte Center City Partners. “The partnership the Knights have forged with sponsors shows their private sector confidence and support for this project.”
These corporate partnerships further move the Uptown ballpark project in a positive direction toward the ultimate goal — Opening Day in April 2014.
“We are pleased to continue to move forward in securing professional baseball in the Center City of Charlotte,” states Knights VP/General Manager Dan Rajkowski. “Our first and most important champions and partners – including both our private and public partners — will help lead this project to completion. We look forward to sharing more great news with the community in the very near future, as a public celebration.”
127 Lynn Cove Lane is Lake Norman Living at its best! This lovely home with its lush green landscaping is located on a quiet intimate cul-de-sac with a fifteen-boat slip community dock at the end of the street for easy access to Lake Norman.
The sunlit foyer leads to an open welcoming floor plan perfect for entertaining! The great room with its vaulted ceilings and brick fireplace, complete with gas logs, offers beautiful views of the flagstone patio and wide, level backyard.
The dining room offers an open floor plan that lends itself to dinner parties large or small.
The kitchen with its ample countertops and cabinets is designed for hospitality and convenience. A large walk-in pantry and accessible laundry room (with built-in ironing board) as well as new cooktop, microwave and dishwasher make this kitchen a delight!
The kitchen opens into a bright, breakfast area where you can enjoy your morning coffee – while watching nature show off outside the windows.
Glass doors from the kitchen, great room and master bedroom make the flow to the flagstone patio and backyard easy. Rose bushes and plantings abound and natural beds throughout the yard provide many opportunities for gardeners to work their green thumbs into the dirt.
The first floor master bedroom has vaulted ceilings and a sitting area with plenty of windows and light. The master bath features a nature inspired stained glass privacy window, double sinks and a soaking tub. The master bath leads to a large walk-in closet with wonderful customized storage.
Upstairs the large office easily accommodates multiple desks and has a closet for additional storage.
The huge bonus room is perfect for use as a media room or playroom. The wide arched window is an architectural bonus and this room offers three more storage areas.
The upstairs also includes:
Two bedrooms, each with an arched window
A full bath
The two-car garage has customized storage with a slatted wall for organizing garden tools.
Just a short walk down the street leads you to the community dock, which features a gazebo and viewing deck with benches as well as your personal boat slip (#5). From there it is just a short ride out to the main channel of Lake Norman!
You are just five minutes from Lowe’s Home Improvement Headquarters and thirty minutes from Charlotte/Douglas Airport, with convenient access to I77.
Enjoy all the additional amenities the area has to offer: terrific schools, convenient medical services, sports, plays, lectures at Davidson College, Duke Power State Park , NASCAR and much more!
My husband and I recently purchased a home with the help of Harry and Dot Munson and we could not have had a more possitive experience! Not only did we find the perfect house but we enjoyed the (realtively short) search! We only looked at 4 homes before we found our dream home! Harry and Dot really knew exactly what we were looking for and took us right to it!
Being that we were “property virgins”, Harry and Dot both really took the time to explain everything to us so that we were fully comfortable with our decision through the whole process. We will definately reccomend their services to anyone looking to purchase a home in the future!