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Charlotte Community News

Jessica Sullivan
July 25th, 2014  |  +Jessica Sullivan  |  Add a Comment

Yesterday an article was printed in the Charlotte Observer describing how to save to buy a home. These days it seems impossible! Although we’ve covered lots of times that there are lots of loan products out there, which help you out (you don’t need 20% of the sales price to buy a home). You’ll still that 3% or 10% downpayment, which depending on your price range you are looking to buy in, could be significant.


So what can you do to cut corners in your lifestyle? We’ve all seen the figures about how much we spend on coffee!! But there are lots of large and small ways to cut your spending and save money, not just for a new home, but for anything you have a goal to purchase. Read the article above for a full list – here’s our take based on their advice.


Shopping as Entertainment:

Often we go out and shop because we are bored! Or we think that it will make us feel better. Stay out of the malls! We know that experiences with friends and family, often which can be free, are more entertainment than buying a new pair of shoes. You can also cut corners with activities that you enjoy doing that cost you money – love to see movies with friends? Arrange a movie night at home – popcorn and candy will cost a lot less, as will that rental,  instead of paying full price for movie tickets.


Limit Eating Out!

Ever think about how many lunches or dinners you eat out on a regular basis? Compare that cost to the cost to buy items in the grocery store! Those bills can add up. Limiting yourself to a specific number of restaurant visits per week or month could save you significantly.


Monitor Your Accounts, and Save Automatically:

Most people these days pay by debit cards, and don’t have a clue how much money is actually in their account. Keep those receipts and keep track of what you’re spending, you may be surprised how much the little things add up in the long run. You can also set your accounts to help you save automatically. Set up a draft that comes automatically from checking to savings each month and save without even thinking about it!


Finally, seek budgeting help:

HUD, the department of Housing and Urban Development, offers free counseling services and will do what they can to help you reach your goals of home ownership. Take a look at their website,

Jessica Sullivan
July 25th, 2014  |  +Jessica Sullivan  |  Add a Comment

306 W 10th Street - Just Listed in charlotte


306 W 10th Street, Charlotte NC 28202

Great townhome in Uptown! Click for more photos!


MLS#: 3020399

3 Bedrooms, 3 Bathrooms


“306 W. 10th Street is a charming townhome in Uptown offering Center City convenience and all the comforts of home. Nestled among the trees, this unit has 3 bedrooms and 3 baths with hardwoods on the main level. Kitchen has granite, new cabinets, and new appliances. All bathrooms have new fixtures and ceramic tile. Freshly painted. New roof and deck off the dining area. One car garage. Cozy covered front porch just waiting on you!”


10th Avenue Townhomes Real Estate Information:

Number of Listings for Sale, June 2014: 0

Average Sales Price, June 2014: $287,000


closed in 10th avenue townhomes

Only 1 unit closed in this complex in June of 2014.


The average sales price for 10th Avenue Townhomes is up 21% year over year for June.


days on market for 10th avenue townhomes

The average days on market for this complex is just 49 days.


months supply of inventory for 10th avenue townhomes

Months supply is down significantly for this area.


For more information on this property, please contact the list agent, Kim Walton. To learn more about Kim, click here.


Jessica Sullivan
July 24th, 2014  |  +Jessica Sullivan  |  Add a Comment

Each year Helen Adams Realty President Jeff Adams does a forecast and review of the local and national real estate market.


This year he presented his forecast in January. Just recently, in July, he updated that presentation. This includes updates to the forecasted mortgage rates for 2014 and updated numbers both for Helen Adams sales and Charlotte regional sales.


Here’s that presentation. To see more of our forecasts, or to download this presentation, click here.



Jessica Sullivan
July 24th, 2014  |  +Jessica Sullivan  |  Add a Comment

Just Listed 105 Mandarin Drive, Mooresville, NC

105 Mandarin Drive, Mooresville, NC

Live in Mooresville, NC! Click to see more photos of this beautiful home!


MLS#: 3023322

4 Bedrooms, 3.5 Bathrooms

“MOVE IN READY!! All Brick Custom built home! Large Oversized Chef’s kitchen. Bright Open Floor Plan for easy entertaining. Newly installed Carpet. Fresh New Paint in gorgeous neutral color. Hardwoods through out entire Main Level. Extensive Crown Moldings through out. Master with Trey ceiling. Master Bath with whirlpool tub, dual vanities, seamless shower with ceramic tile surround. Dual Stairs. Many Upgrades!! Large Flat Lot with gorgeous mature landscaping. Must See! Very Convenient location.”


School Information:

Elementary: Lake Norman

Middle School: Brawley Middle

High School: Lake Norman


Woodland Hills Real Estate Market Statistics:

Number of Homes for Sale, June 2014: 1

Average Sales Price for June, 2014: $606,333

Closed Sales in Woodland Hills, Mooresville

While closed sales are down in Woodland Hills, so is inventory.


Average Sales Price in Woodland Hills, Mooresville

The average sales price is up year over year for June, 76.5%


Days on Market in Woodland Hills, Mooresville

The days on market in Woodland Hills is down 43% to just 82 days.


Months supply of inventory in woodland hills, mooresville, nc

The months supply of inventory is down to just 1.2.


For more information on this listing contact Michelle Ivester-Rhyne. To learn more about Michelle, click here.


Michelle Ivester-Rhyne

Jessica Sullivan
July 23rd, 2014  |  +Jessica Sullivan  |  Add a Comment

Big announcements in Charlotte today in the jobs sector!


Sealed Air, is a manufacturer with 25,000 employees. They make packaging products and “hygiene solutions.” One of its most recognizable brands is Bubble Wrap. It also makes cleaning chemicals and markets floor-care machines. They will be moving more than 1,262 jobs and make Charlotte their new headquarters.

You can read more about that move here:


Spectra Group which specializes in helping large banks and other financial-services firms with compliance and audit projects, will bring around 250 jobs to the charlotte market.

You can read more about that move here:


Why move to Charlotte? We have a ton of things to do around town, which we promote every Tuesday on our blog. Here’s a few examples of all the awesome things one can enjoy in Charlotte.

Kristin Ellefson
July 23rd, 2014  |  +Kristin Ellefson  |  Add a Comment

This beautiful Dilworth home is worth adding to your "must-see list" click on the image above to view more photos of this listing or read more about it!


MLS#: 3022780
4 Bedrooms, 3 Full Bathrooms, 2 Half  Bathrooms


“Custom built in 2010 in historic Dilworth, this home has modern features of a new home & keeps with the style & feel of one of Charlotte’s oldest neighborhoods. Situated on .33 acre & overlooking Latta Park, this home includes 5 BR’s plus bonus room, 3 full baths, 2 half baths, 10′ ceilings on main floor, grand foyer, additional office or library on main level. Large, covered, wraparound porch, garage w/covered parking, outdoor built-in grill. Extensive landscaping, details galore!”



Dilworth School Information:
Elementary School:
Dilworth Elementary School
Middle School: Alexander Graham Middle School
High School: Myers Park High School


Dilworth Real Estate Market Statistics:
Number of active single-family listings in Dilworth: 69
Average listing price for all active single-family listings in Dilworth: $773,373

The Number of closed sales in Dilworth has decreased to 163.

The average sales price for homes in Dilworth has increased to $480,113.

The average number of days on the market for homes in Dilworth have decreased to 63.

There is currently a 4.4 months supply of inventory for homes in Dilworth.



For more information on this listing contact Libby Gonyea. To learn more about Libby click here.

Kristin Ellefson
July 22nd, 2014  |  +Kristin Ellefson  |  Add a Comment

If you haven’t taken advantage yet of all the great deals going on for Restaurant Week, you still have time! The Queens Feast will end on Sunday July 27th. This event features over 100 of Charlotte’s local dining establishments from Mooresville all the way to Pineville! Its a great opportunity to get out and see all that Charlotte has to offer at an affordable price. Make sure to make your reservations as soon as you can, tables disappear quickly and this is one even you don’t want to miss out on. You can see a list of the restaurants participating below:






Lake Norman/North Charlotte:



Mountain Island Lake

Plaza Midwood

South Charlotte / Ballantyne

South End


University / Concord


Gaston County



Kristin Ellefson
July 22nd, 2014  |  +Kristin Ellefson  |  Add a Comment


This gorgeous condo is located in Rosewood at Providence. Make sure you click on the image above to view more photos of this fabulous residence!

MLS#: 3022094
3 Bedrooms, 2.5 Bathrooms


Rosewood at Providence Real Estate Market Statistics:

The number of closed sales in Rosewood at Providence has increased to 16 in the last 12 months.

The average sales price for homes in Rosewood at Providence has increased to $807,066

The average number of days on the market has increased to 222.

There is currently a 6.2 months supply of homes for sale in Rosewood at Providence.


For more information on this listing contact Alan Sussman. To learn more about Alan click here.

Kristin Ellefson
July 21st, 2014  |  +Kristin Ellefson  |  Add a Comment

As a first-time homebuyer the thought of the entire process and all the steps involved can be a bit overwhelming, especially if you are not prepared to deal with it. Considering that purchasing a home can be one of the largest transactions you will be a part of, many first-time buyers can become easily overwhelmed with the process and some even revert back to “renter lifestyle” before the process is over. But, fear not! A prepared home shopper is a happy home shopper. recently published a list of 5 Tips to minimize First-Time Home buyer Stress and we think these tips are a great way to get focused and motivated when it comes to purchasing your first home:


  1. Get Mortgage Pre-approval
    Purchasing a home isn’t just about being able to afford the down payment, a lot more goes into mortgage approval than cash on hand, you want to make sure that when the time comes to make on offer that you already know the financing is there to back you, instead of finding out after you’ve found your “dream home” that financing will be a problem. Want to know more about loans? Check out our tips for a smooth mortgage loan process here.
  2. Set Clear House-Hunting Goals
    It’s important to be organized and a little bit methodical when it comes to house hunting. You need to set parameters for your search, one – so that you don’t waste time and two –  so that you know that you’re making the best choice. It’s also important to take time to establish the difference between your “Wants and Needs” to make the right choice.
  3. Budget, Budget, Budget
    When you’re on the hunt, sometimes you’re super focused on the features of the home and not necessarily the cost, but this is a big piece of the puzzle. You want to make sure that at the end of the transaction you’re not “house poor”  and you have plenty of money left for all the other initial expenses and other fun tasks, such as decorating, that come along with purchasing your first home! Check out this article about determining how much house you can afford!
  4. Use the Agent Advantage
    A good agent is the best tool you can have in your toolbox when it comes to finding a home. Working with a knowledgeable local marketplace specialist is key to ensuring you are able to move through the process with minimal hiccups. While finding an agent can be tough we have a few tips on finding those that are most qualified to help you!
  5. Delegate to your Realtor®
    Your Realtor® is there to help you every step of the way. They shouldn’t just be viewed as your ticket into the homes you’re going to see but also as a partner in your buying process. They are available to offer tips and guide you through the process, even once an offer has been submitted and accepted. Since they know the ins and outs of the business, they are an awesome resource to ensure that you are able to get everything completed and ready to go in time for closing!


If you have been going back and forth on purchasing a home, or have been unsure about how the process unfolds or where to even start, these are some great tips to make sure you’re headed in the right direction!

Kristin Ellefson
July 21st, 2014  |  +Kristin Ellefson  |  Add a Comment

Check out this great home in Monteith Park in Huntersville. Click the image above to read more about it or see more photos.


MLS#: 3022462
3 Bedrooms, 2.5 Bathrooms

“Charming home with dual front porches in desirable Monteith Park. Abundant features include crown moldings throughout main level & master br, ceiling fans, granite countertops and stainless steel appliances in kitchen. Enjoy privacy on the covered patio with a paver extension & 6 person hot tub all within the fenced backyard. 2-car attached garage with 4′ extension, irrigation sys, landscape lighting & upgraded landscaping set this home apart in the Charleston Style community.”


Monteith Park School Information:
Elementary School:
Huntersville Elementary School
Middle School: Bailey Middle School
High School: William Amos Hough High School


Monteith Park Real Estate Market Statistics:
Number of active single-family listings in Monteith Park: 12
Average listing price for all active single-family listings in Monteith Park: $270,433

The number of closed sales in Monteith Park over the last 12 months was 56.

The average sales price for homes in Monteith Park has increased to $217,982.

The average number of days on the market for homes in Monteith park has increased to 78

There is currently a 2.3 months supply of homes for sale in Monteith Park.



For more information on this listing contact Nikki Smith. To learn more about Nikki click here.