Road to Real Estate

… just a year or two!  Yes, in what was supposed to take 18 years, will take approximately a year or two.  Development around the lines as well as rising gas prices have contributed to the success of the once questionable “risk” by Charlotte City Leaders.
Charlotte City Leaders planned for the Charlotte Light Rail system, [...]

Bookmark It

[Read more →]

In June 2008, we had 2,218 single family homes close, while 1,934 homes went under contract.  This number is down slightly from May, but is still the second highest number in 2008.

Sales prices are at the highest $240,003 since August 2007, which is good news for Charlotte area sellers that price their home right.

Bookmark It

Bookmark It

[Read more →]

One of the major topics of conversation that occur between a new resident or soon to be new resident here in the Charlotte area is one of traffic and how long it takes to get from Point A to Point B.  Of course, it all depends on what one is used to.  If you are moving [...]

Bookmark It

[Read more →]

The bug has finally hit the Charlotte and Lake Norman Real Estate market.  The S&P/Case-Shiller Home Prices Index shows that area prices have dipped 0.1% in year over year period ending April 30th.  Always looking on the bright side of these stats, the same report shows that all 20 cities covered in the report showed declines [...]

Bookmark It

[Read more →]

The Charlotte and Lake Norman area provides many communities that are safe havens for walkers and bikers.  With the gas prices at $4+/gallon levels, we are seeing more and more people using these areas to make trips to the local coffee shop, pick up a few things at the grocery store, meet some friends at [...]

Bookmark It

[Read more →]

Our CENTURY 21 Hecht Realty - Denver Office
View Larger Map
Our CENTURY 21 Hecht Realty - Cornelius Office
View Larger Map
CENTURY 21 Hecht Realty - Mooresville Office
View Larger Map
Here are some random sites around the Charlotte and Lake Norman area (note that not all areas have Streetview, so I couldn’t include everything.
Entrance to Birkdale Village
View Larger Map
Cowans [...]

Bookmark It

[Read more →]

Here’s a snapshot of how many single family properties have sold in the CMLS market area since 2006.  This is not tied to just the Charlotte and Lake Norman area, but also includes Lake Wylie, Monroe, parts of Western North Carolina and north of Statesville.

It shouldn’t take a rocket scientist that this graph shows anything [...]

Bookmark It

[Read more →]

It’s been about a week since I posted anything, and it’s because of the topic of today’s post.  Why NOW is the Smart Time to Buy Real Estate (in the Charlotte and Lake Norman area, or anywhere) is a document that contains facts and the professional opinion about the status of our market.  The management [...]

Bookmark It

[Read more →]

CENTURY 21 Hecht Realty has just released a search page for agents/staff to use on their websites that allows website visitors to search all Charlotte and Lake Norman MLS listings. So, why wait? To use the search feature, click the button to the right of this blog post that has the magnifiying glass [...]

Bookmark It

[Read more →]

One of the great things many people like about Center City or Uptown Charlotte is the fact that it is very residential friendly. This means that 1) people actually live in the Center City and 2) those residents and those that live in surrounding communities are able to walk to retail, dining, grocery stores, and [...]

Bookmark It

[Read more →]

As a fan of and believer in public transportation and Transit Oriented Development (TOD), I was thrilled to read an article in today’s Charlotte Observer about the success of the light rail.  Expecting an average of 9,100 riders a day (which many thought was unreachable), the Blue Line now averages over 13,000 riders a day!  [...]

Bookmark It

[Read more →]

At last night’s Charlotte City Council meeting, they approved money to purchase $15million worth of light rail cars due to overwhelming response (and higher gas prices) to the system.  Unfortunately, it will take 2 years for the cars to be delivered, but at least they’re on their way! 

Bookmark It

Bookmark It

[Read more →]

Today, I pulled absorption rates for Mecklenburg, Iredell and Lincoln counties and discovered that overall, the Charlotte area is in a pretty balanced real estate market.  Let me explain.  For the city of Charlotte, we have 5.71 months of inventory available.  In other words, if no homes were to be listed for 6 months, we would have [...]

Bookmark It

[Read more →]

Charlotte City Council is scheduled to vote tonight on whether or not to add more trains for the South Charlotte’s Lynx Blue Line.  For them to even consider adding more cars is great for those that are fans of mass transit and transit oriented development (TOD).  It is obvious that people are buying on to [...]

Bookmark It

[Read more →]

If you are considering buying or selling real estate in the Charlotte or Lake Norman area of North Carolina, there are a few things that you should know before speaking with an agent, so you know where they stand with relaying information to you. (Note that Agent in the following definitions is really the real [...]

Bookmark It