• 1,103 sq. ft., 2 bath, 3 bdrm ranch -
MLS® $109,500 - Immaculate Ranch Home
Tanglewood, Charlotte - Incredible ranch floorplan with lots of natural light and space. Beautifully landscaped with a large, private fenced backyard. Home is neatly kept and extremely well taken care of. Upgraded countertops in kitchen and ceramic tile floor. Huge master bedroom with vaulted ceiling. Living room is open and inviting with vaulted ceiling and fireplace. Home is neutral throughout! Less than 3mi. from Mt.Island Promenade (new mixed use project) and seconds from I-485.
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Walk to shopping!
• 1,410 sq. ft., 2 bath, 3 bdrm single story -
MLS® $224,900 - In charming Davidson
Deer Park, Davidson - Adorable, hard to find ranch bungalow in charming Davidson. Perfect upgrades made throughout the home that make it distinct among the rest. 42 inch cabinets, stone accents outdoor, ceramic tiled bath and hardwood laminates just to name a few! Great open floorplan with spacious kitchen and upgraded baths. Kitchen has ample cabinet storage and counter space. Large laundry/mud room and pletny of living space. Extraordinary outdoor living area that is beyond private. Backyard is perfectly appointed with stone work, lush landscaping, fenced yard and pergola. Front of the home overlooks a treed common area. Within one minute to I-77 and walking distance to the new Harris Teeter shopping center. Incredible location, incredible home!
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Easy commute to Uptown
• 3,738 sq. ft., 4 bath, 5 bdrm 2 story - $499,900 - Waterfront Community
Stonewater, Mount Holly - If you like lake living but want to be close to the city,then this is the home for you! It is absolutely perfect-location,style,space,upgrades and price.This waterfront community is located on Mountain Island Lake.Follow through the tree lined neighborhood to the lake front pool, tennis courts, shore's edge walking trails and clubhouse.There is a free boat landing on the same street and boat storage for the community.The home is stunning-inside and out.As you pull up, the home catches your eye with stone accents and terrific curb appeal.The house is located on .66 acres that allows you a great yard with lots of privacy.The lawn is complete with a full irrigation system and wooded area in the rear. You will also find a custom tri-level deck that has surround sound.As you enter the home,you will notice the wrought iron staircase and gorgeous wood floors.The sunny living room is to the left and features a bay window and decorative columns.To the right, you will see the custom painted dining room.Before you leave the two story foyer,notice all the mouldings through the home.Continue through the foyer to the great room.There you will see upgraded carpeting and stone accented fireplace.Notice the extra windows for added sunlight.The great room then opens to the incredible kitchen. Not one upgrade was missed here!Granite countertops,tile backsplash with stone border,double oven and all s.s.appliances.To the left of the kitchen you will find a light filled sunroom. Don't forget the full bathroom and extra bedroom on the first floor! Head up the wrought iron staircase to the spectacular master suite. Oversized shower, separate vanities,jacuzzi tub all with tile/stone backsplash and even a TV!The master bedroom has two walk-in closets, tray ceiling and loads of space. Each bedroom is as neat as a pin and the upstairs has two more full baths! Home is complete with central vac and dual control sec.system. Did I mention the three car garage?You have to see this home!
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• lot / land -
MLS® - Seconds to Uptown
Seversville, Charlotte - Wonderful opportunity to buy in up and coming Seversville. Drive down Rozzelles Ferry to see all the exciting development in this neighborhood. Homes listed at 400K! Owner is builder and will sell lot as land/home package or just buy the lot to hold onto and watch it appreciate. Large lot, gently sloping. Owner is licensed Realtor.
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• 1 bath, 2 bdrm bungalow -
MLS® $125,000 - Seconds from Uptown
Seversville, Charlotte - Up and coming street in hot Seversville. Excellent investment opportunity.Seconds to Uptown. 2 miles into center city! Homes priced at 400K just a couple blocks away. Get in before prices get too expensive. Seller is general contractor and is willing to upfit home to buyers needs. Bath has been updated. Home being sold in 'as is' condition otherwise. Owner is licensed NC Realtor.
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Charlotte housing
prices defy trend
Queen City the only exception as values slide in 20 other U.S. cities
VINNEE TONG
Associated Press
Home prices in many cities continued to plunge by record levels in January as sellers cut their asking bids and rising foreclosures took their toll -- except in Charlotte, new data showed Tuesday.
While the spring selling season usually gives the market a bounce, some analysts say any notable improvement may not come until well into the summer. U.S. home prices fell 10.7 percent in January, and the Standard & Poor's/Case-Shiller home price index of 20 cities saw the steepest decline in the index's two-decade history.
Worst-hit were Las Vegas and Miami, both reporting 19.3 percent drops, as the regions are still paying the price for rampant speculation and overbuilding during the boom years. Those cities and 14 others, including Phoenix, San Diego and Detroit, posted record lows.
Only Charlotte squeaked by as a gainer in the Case-Shiller index, with a 1.8 percent rise in January compared to a year earlier.
Bob Morgan, president of the Charlotte Chamber, said the news is a positive reflection on the Charlotte area's economy.
"I think it says we're very fortunate in Charlotte that we're continuing to attract new jobs and that our population is growing," he told the Observer.
Real estate agents and local officials cited Charlotte's history of more modest house price growth during the boom years as reasons the market was holding up now.
"We've never seen the huge double-digit appreciation," said Dot Munson, president of the Charlotte Regional Realtor Association. "We have less of a correction to make than most other markets."
That's not to say Charlotte, with roughly 1.7 million people in its metropolitan area, isn't feeling the same pressures as the rest of the nation.
"You have to try a little harder to sell more of your listings, but homes are selling," said Kristi Lee, a broker at Urban Realty LLC. "Depending on the day, the phone does not ring. Other days, it is ringing off the hook."
Nationally, the overall downbeat figures come on the heels of data released Monday showing that the median price of existing homes being sold in February fell in the largest year-over-year drop since at least 1999.
"Home prices continue to fall, decelerate and reach record lows across the nation," said David Blitzer, index committee chairman at S&P. "No markets seem to be completely immune from the housing crisis."
Blitzer said all 20 cities S&P tracks have seen falling prices for five consecutive months when compared to the prior month. What's more, the declines are growing in severity, with 13 of the 20 cities reporting their biggest single monthly decline in January.
Pava Leyrer, president of Heritage National Mortgage in Detroit, said the tightening of loan standards has compounded the problems of too much inventory, foreclosures and worries over the economy.
"It's just a spiral that will end up taking this year to get out of," Leyrer said.
While the vast majority of homes in the U.S. are not in danger of foreclosure, the housing slump has raised concerns about a recession and has had ripple effects across the economy as consumers spend less in other areas and banks tighten lending requirements.
Areas with the biggest drops in home prices...
• Las Vegas: -19.3 percent
• Miami: -19.3 percent
• Phoenix: -18.2 percent
• San Diego: -16.7 percent
... and those holding up the best:
• Charlotte: +1.8 percent
• Portland: -0.5 percent
• Seattle: -1.3 percent
• Dallas: -3.3 percent
Source: S&P/Case-Shiller Home Price Indices. January 2008 with January 2007.
Staff writer Kirsten Valle contributed to this article.
Located in deisrable Dilworth, this upscale urban condominium will be sure to impress! This condo community offers every feature you could want- perfect location (5 minutes to Uptown), controlled access, elevators, fitness center, rooftop terrace, grilling area,covered parking, courtyard, seconds to public transportation and walking distance to shopping, dining, parks and restaurants! The home itself is beautifully decorated and the furniture can stay if needed. Step into the condo and notice hardwood flooring throughout and neutral paint. The airy, open kitchen has pendant lighting and ample cabinet/counter space. As you walk through the sun filled living room, you will notice a big open window leading out to your baclony. The balcony overlooks the courtyard area complete with fountains and landscaping. It' like a retreat in the middle of the city-quiet and peaceful. You can open any window in the home and hear the soothing sound of the bubbling fountains. The bedroom is also overlooking the serene courtyard and features a very large walk in closet. The bathroom offers an oversized soaking tub and extended vanity for extra storage and counter space. All appliances to remain and furniture can stay if needed. All you need to do is move in! Visit
http://www.dilworthcondoforsale.com for more pictures and info.
JUST REDUCED $5000!! Just minutes from Uptown Charlotte and seconds to the new light rail station. Shopping, dining and entertainment right across the street. Get into Collins Park while you can! Same size home across street in Madison Park selling for 40K more! This is not your average remodel. Brand new Bella hardwoods, Ferguson vanities, top of the line plumbing fixtures, brushed nickel lighting, granite countertops, stone backsplash, six-panel doors throughout, side by side refrigerator included and new pool pump installed. Perfect home if you like to entertain! Large, privacy fenced backyard with pool and deck, incredibly open floorplan and three full baths! Also- two master bedrooms! This is a spectacular home for a great price- under 250K! Don't miss the chance to get in this hot neighborhood while it is still affordable! Visit
www.4650murrayhill.com for pictures and information.
Wonderful two-story floorplan with three bedrooms and three full baths. Refrigerator and washer/dryer to stay- all you need to do is move in! Home is in a quiet cul-de-sac and has a private, wooded back yard. Only minutes from Uptown Charlotte, Northlake Mall, University Park Church and all major Interstates. Perfect for any first time buyer or for an investor! Visit www.4414richlane.com for more pictures and info.