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Charlotte Community News

 
 
Kristin Ellefson
February 27th, 2015  |  +Kristin Ellefson  |  Add a Comment

Charlotte has been named one of America’s Fastest Growing Cities, once again, by Forbes. The list was created by paring down the 100 most populous metropolitan areas in the US. and comparing them on 6 standard metrics, “We considered estimated population growth for 2014 and 2015, year-over-year job growth for 2014, and 2014 gross metro product growth (in other words, the metro area’s economic growth rate). We also considered federal unemployment data. Finally, we factored in median annual pay for college-educated workers in each area, using data from Payscale.com,” says Forbes. After considering all these factors they came up with a list of the 20 fastest growing cities in the U.S. and Charlotte helps round out the top 10, coming in at number 9, down one spot from number 8 last year. You can check out the full list here, but we have included the top 10 and few statistics for you below!

 

 

1. Houston, TX
2014 Population growth rate: 1.81%
Job growth rate: 4.5%
Unemployment: 4.8%
2014 Gross Metro Product Growth: 3.52%

 

2.  Austin, TX
2014 Population growth rate: 2.52%
Job growth rate: 3.14%
Unemployment: 4.13%
2014 Gross Metro Product Growth: 4.95%

 

3. Dallas, TX
2014 Population growth rate: 1.98%
Job growth rate: 4.1%
Unemployment: 4.91%
2014 Gross Metro Product Growth: 2.46%

 

4. Raleigh, NC
2014 Population growth rate: 1.86%
Job growth rate: 3.54%
Unemployment: 4.83%
2014 Gross Metro Product Growth: 3.43%

 

5. Seattle, WA
2014 Population growth rate: 1.3%
Job growth rate: 3.56%
Unemployment: 4.7%
2014 Gross Metro Product Growth: 3.35%

 

6. Denver, CO.
2014 Population growth rate: 1.74%
Job growth rate: 2.66%
Unemployment: 4%
2014 Gross Metro Product Growth: 2.52%

 

7. San Francisco, CA
2014 Population growth rate: 0.93%
Job growth rate: 3.52%
Unemployment: 4.16%
2014 Gross Metro Product Growth: 3.72%

 

8. Fort Worth, TX
2014 Population growth rate: 2.03%
Job growth rate: 2.64%
Unemployment: 4.95%
2014 Gross Metro Product Growth: 3.4%

 

9. Charlotte, NC
2014 Population growth rate: 1.93%
Job growth rate: 3.1%
Unemployment: 5.84%
2014 Gross Metro Product Growth: 2.95%

 

10. San Antonio, TX
2014 Population growth rate: 1.89%
Job growth rate: 3.06%
Unemployment: 4.56%
2014 Gross Metro Product Growth: 1.74%

 
Kristin Ellefson
February 26th, 2015  |  +Kristin Ellefson  |  Add a Comment

Click on the image above to view the virtual tour of this home!

MLS#: 3065605
5 Bedrooms, 4 Bathrooms

 

“Dilworth Classic!, Built in 2004, 10ft ceilings down, 9ft ceilings up, gated driveway with 1.5 car garage, views of the uptown Charlotte skyline, 5 BR, 4 full BA, 3524 heated sq. ft. with open floor plan, Dilworth Elementary, A.G. Middle School, Myers Park High School district, Gourmet kitchen with Stainless JennAir pro gas range, Stainless GE Monogram refrigerator with water/ice access from the door, Cherry custom cabinets w/ granite countertops, abundant storage throughout the home and garage”

 

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 new active single family listings in Dilworth (on the market less than 10 days): 4
Average listing price for all active single family listings in Dilworth: $895,085

The number of closed sales in Dilworth has increased to 200 over the last 12 months.

The average sales price for homes in Dilworth has increased to $474,537 over the last 12 months.

 

The average number of days on the market for homes in Dilworth has decreased to 56 during the last 12 months.

There is currently a 5 month supply of homes for sale in Dilworth

 

For more information on this listing contact Kevin Thompson.

 

 
Kristin Ellefson
February 25th, 2015  |  +Kristin Ellefson  |  Add a Comment

With the prediction of another winter storm on its way, many people are rushing out to make sure they have all the necessities in case the worst case predictions come to fruition. Most people focus on food, water, and an alternative heat source, however there are some preparations and precautions that should be taken around your house when it comes to ticking things off your pre-storm checklist. The CDC has a great resource in their preparedness checklist that will help you ensure you have all your bases covered, so if you’re wondering what additional steps you should take, this is a great place to start. FEMA also suggests that you ensure that your exterior pipes are covered and protected to help prevent freezing as much as possible, also make sure your pipes are dripping to keep the water flow moving. If your pipes DO burst make sure you know where your shut-off valve is. In addition to burst pipes some of the primary safety concerns come from alternative heat sources not being used safely. If your generator, and other alternative electricity or heat sources run on gas, DO NOT bring these items into your home, make sure they are properly ventilated and always make sure you have a fire-extinguisher on hand and that you and your family are equipped to use it. Check out this infographic below for some other tips an reminders about staying safe during winter storms!

Infographic courtesy of the CDC

 

 
Kristin Ellefson
February 25th, 2015  |  +Kristin Ellefson  |  Add a Comment

Click on the image above to view more photos of this listing!

MLS#: 3053353
4 Bedrooms, 3.5 Bathrooms

Fantastic home on very desirable cul-de-sac – beautiful yard – Hardwoods main level – updated kitchen and baths – new windows – oversized garage – bonus room with TV and study areas – great school assignments – walk to SouthPark – convenient to uptown

 

Barclay Downs School Information:
Elementary School:
Selwyn Elementary School
Middle School: Alexander Graham Middle School
High School: Myers Park High School

 

Barclay Downs Real Estate Market Statistics:
Number of new, active single-family listings in Barclay Downs (on the market less than 10 days): 2
Average listing price for all active single-family listings in Barclay Downs: $736,205

The number of closed sales in Barclay Downs has decreased slightly over the last 12 month period.

The average sales price for homes in Barclay Downs has increased to $527.439

The average number of days on the market for homes in Barclay Downs has decreased to 37 days.

The months supply of inventory for homes in Barclay Downs has increased to a 3 month supply.

 

For more information on this listing contact Mary Jane Ramsey. To learn more about Mary Jane click here.


 
Kristin Ellefson
February 24th, 2015  |  +Kristin Ellefson  |  Add a Comment

It’s that time of year again! While the weather may be wintery and cold, now is the perfect time to start planning for your spring spruce ups and the Southern Spring Home & Garden Show is the perfect place to start. This is the South’s largest home and garden show and will feature building, remodeling, landscaping, gardening, home decor and more! Experts will be on hand to answer your questions and help you nail down all the specifics on how to get your home improvements done in 2015. The Southern Spring Home & Garden Show has already started and will run through this weekend, ending March 1st. The Expo is happening at The Park Expo and Conference Center, 2500 E. Independence Blvd.Charlotte, NC 28205, and hours of Operation are as follows: Friday:10am-8pm Saturday:10am-7pm Sunday:10am-5pm. Wondering who all you can connect with at the expo? Check out this list of exhibitors, you could also win a $500 gift card to use while you’re shopping at the show, so make sure you register here. In addition to all the great the vendors you can check out, there will also be a display of 22 gardens and landscapes inspired by various North Carolina icons, so make sure you make plans to get out and see everything the expo has to offer. Find out more about times, tickets, and exhibitors on their website.

 

 
Kristin Ellefson
February 23rd, 2015  |  +Kristin Ellefson  |  Add a Comment

When you’re preparing to sell your home, there are a lot of things you need to think about, selecting a Realtor®, making updates, staging, a timeline, possibly  buying a new home, and moving all top the list. An item you shouldn’t forget? Pricing your home competitively. This element is key to having a successful sales process. The right price will attract more buyers and showings and hopefully, in turn will result in quicker offers and a closing that leave you on the positive side of the transaction. So, what is it that is so complicated about pricing? Well, the biggest thing is that there are a variety of factors to consider, no two homes are ever the same, some maybe have more square footage, some may have a larger lot, or maybe your home includes a variety of upgrades other homes on your street may not have. Maybe your location is hot right now and demand is high in your area, or its the busy season for real estate so you can ask for a higher price. There are tons of factors to consider, which is why having an agent who is familiar with homes in your area will be key to hitting the sweet spot when it comes to pricing. The experts over at Realtor.com also have some tips for making sure you price it right the first time. Here are 6 Rules to follow when you’re pricing your home:

  1. Price is King: This is one of the first things buyers will look at, “can we afford this, yes or no?” So, making sure you have priced your home competitively, too high and the best buyers might be deterred, and too low and they might wonder what is wrong.
  2. Check the Comparables: Knowing your market is a huge benefit in pricing. When you’re looking at other homes in your area for price comparison you want to make sure they have similar features and amenities, number of rooms, squarefootage, and comparable updates. This will give you the most realistic look at what buyers are willing to pay for a home like yours.
  3. Compare Fairly: If you know new construction is hot in your area, or that other locations are more desirable than your location, your price should reflect all of those factors.
  4. Know the History: Look back at historical prices, find an average for similar houses for the past 6 months as opposed to what just sold last week, this will help you balance the effect of extreme outliers or special circumstances that might causes houses to be extremely over or underpriced.
  5. Consider Special Improvements: If you have made improvements or updates to your home that are not consistent with other homes that may have sold previously, make sure you and your Realtor® discuss how that should effect the price.
  6. Supply & Demand: Know your market. If there is a shortage of listings OR an overage of listings both of those things can effect what you might get for your home, so knowing the whole picture and what to expect will allow you to make a more informed decision.

When pricing your home its important to know your numbers and do your research so that you can pull the most buyers in for showings and ultimately get the best price you can for your home. Interested in finding out more about your home’s value in today’s market? Contact one of our agents today for a complete market analysis!

 
Kristin Ellefson
February 20th, 2015  |  +Kristin Ellefson  |  Add a Comment

Clutter is one of those things that can sneak up on you and sometimes you don’t even realize it’s happening until one day you look around and your counter space seems limited, your rooms feel smaller, and just in general everything feels cramped and sometimes like your rooms are bursting at the seams!

 

If someone came into your home today and said “cut the clutter,” where would you start? Most people would say things like “picking up toys” or “sorting through the mail piles,” but HGTV suggests that there may be a few things in your home that you don’t even know are causing the clutter to get even worse. If you have been checking in lately we have been providing lots of resources for getting your home neat and tidy, just in time for you to get started on that dreaded spring cleaning activity! Check out the list of a few things HGTV says you should get rid of to help “Cut the Clutter” in your home, check out the full list and more information about these items here.

 
Kristin Ellefson
February 19th, 2015  |  +Kristin Ellefson  |  Add a Comment

Some of the most fun living rooms to look at photos of on Pinterest or in magazines seem to have the perfect framed piece of art, or statement piece of wall decor, or even a perfectly curated gallery wall with an assortment of photos, knick knacks, framed prints and the like. Well, you don’t have to break the bank to get that magazine look, you can create your own gallery wall or art collection on a budget with things you might just have around your house OR that you can pick up at your local craft store or antique market/thrift shop, its time to get crafty! Here are a few ideas to get you started with some budget saving tips from bloggers around the web!

 

 

Simple and Chic Black and White Gallery Wall on a Budget - Click the image to view the full article from Atkinson Drive

 

Looking for something simple and chic to bring some decor to your walls? Try a gallery wall with large white matted frames and black and white photos. This will create a look of clean and modern decor. Its a little more elegant and sophisticated and will work with all the neutral color palettes we have been seeing around lately. The best news? The folks over at Atkinson Drive have a few tricks up their sleeve to help you get this project done for only $20! What a steal, considering some gallery frames can cost up to $20 each!

 

 

 

Check out how to pull together an awesome gallery wall with a collection of different items from Love Grows Wild. Click the photo to view the original post!

If you are looking for something a little more eclectic, try out a gallery wall that looks something like this one from Love Grows Wild, using a collection of old or refurbished frames, some photos, a few sketches and some other unique displays. This option could be a great way to display family heirlooms or little knick knacks you might have collected throughout the years. It keeps the design interesting and a little more whimsical, without it looking totally out of place and thrown together, which is another great thing about this kind of gallery wall, you can use almost anything and make it work! Notice how she has a continuous color scheme to pull things together using mostly black, white, gray and gold! This is one of the keys to creating a great display.

 

 

Another idea? This one is a little different, but it’s so intriguing we just had to share! Try a plate wall! This is such a cool concept especially if you have any vintage china, old silver platters and trays, or just plates you have collected with cool designs throughout the years. With all the different textures, patterns, and colors out there, there are so many amazing options. Check out this post on Apartment Therapy with tons of options for creating the perfect “plate wall!”

 

Thinking of making a plate wall for your place? Click the image above to see tons of inspiration on Apartment Therapy!

 

Not into collections? Try a statement piece! Statement mirrors are really in style right now and there are so many options out there it might be hard to narrow it down to the perfect one. We found this great tutorial on Country Living about making your own statement mirror using a round mirror and rope and it looks awesome!

 

 

Check out this awesome DIY Statement Mirror from Country Living and click the image to get the tutorial about how to make your own!

 

These are all really great options for dressing up some of that empty wall space in your home. Again, a little DIY project is the perfect way to keep that budget in check and your design on trend. Another great thing about DIY? When your tastes or room changes, you won’t feel too bad about getting rid of these projects because you didn’t break the bank to purchase them for your home! Looking for more tips on sprucing up your decor? Check out our Pinterest boards for tons of inspiration!

 

 
Kristin Ellefson
February 18th, 2015  |  +Kristin Ellefson  |  Add a Comment

Check out all these awesome Home Organization Checklists on RealSimple.com

Brr! Its cold out there!!! And while it might be too chilly to be improving the exterior of your home, now is the perfect time to crank up the heat on your in-home organization. RealSimple.com has lists for every room imaginable when it comes to keeping your home in order. We found this awesome selection of room organization checklists to get you started off on the right foot. Whether you are planning to move, reorganize and redecorate, or you’re just wanting to get a jump start on your spring cleaning, these are a great place to start. When staging a home, proper organization makes rooms feel more spacious and allows buyers to really appreciate the storage space that your home has to offer. From the Bedroom and Playrooms to the linen closets, pantry and more these segmented checklists will help you make sure you have all your bases covered. In the bedroom, RealSimple suggests starting with those pesky bedside tables that always tend to accumulate mounds of clutter. On the opposite end of the spectrum, the suggest making a mess of the playroom before you get started organizing so you can see everything you have all at once, yikes! As for the kitchen, linen closet, and pantry, the work starts by taking inventory of what you have and if there is a need for it currently! Wondering what other tips these organization pros have up their sleeves? Make sure to check out all the checklists right here. Also, if you’re looking for some more creative storage and organization solutions, make sure you check out our board on Pinterest.

 
Kristin Ellefson
February 16th, 2015  |  +Kristin Ellefson  |  Add a Comment

It’s already evident that 2015 will be marked by talk of changing mortgage rates and regulations. Rates should stay low, but consumers and finance experts alike believe that we’re at or near rate bottoms. Early indications point to more sales, more listings, more new construction and more excitement. It’s not expected to be the overblown land grab of the early 2000s, but it should feel like a healthy market, which, in and of itself, may feel like an odd sensation to real estate practitioners accustomed to the boom and bust of the 21st century.

 

New Listings in the Charlotte region decreased 5.3 percent to 3,887. Pending Sales were up 31.8 percent to 3,266. Inventory levels fell 16.5 percent to 12,448 units.   Prices continued to gain traction. The Median Sales Price increased 4.4 percent to $175,000. List to Close remained flat at 141 days. Sellers were encouraged as Months Supply of Inventory was down 23.7 percent to 4.0 months.

 

The 3 percent downpayment programs from Fannie Mae and Freddie Macshould help potential new homeowners, but in a recent member survey by theIndependent Community Bankers of America, three-fourths of respondentsstated that regulatory burdens are hurting their ability to loan money. The wider economy shows slight wage increases and gas prices near five-year lows but rising along with extended daylight and buyer demand. These various economicpushes and pulls can turn stagnant markets into exciting ones. It’s all in how you look at it.

Reprinted from January 2015 CRRA Monthly Indicators – View our full monthly market report here or catch the quick stats below!

 

 
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