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Terry McDonald Real Estate.com LLC
8604 Cliff Cameron Dr ST 110
Charlotte NC 28269
704-393-0048 Office
704-351-1519 Cell
704-464-3955 Fax
Wilkinson and Associates, Broker
#1 Team, 2006

Huntersville Homes For Sale Relocation to Huntersville NC Lower Lake Norman

Charlotte NC

Huntersville nc, birkdale villageA Deep Market Huntersville Homes Report for First Time Home Buyers to Luxury Home Buyers.

Market Direction- Strong Buyers Market in Huntersville*

Huntersville is a popular town 10 miles north of Charlotte NC, and at the bottom of Lake Norman… where the “lake area” begins, Huntersville changed from a small farming community to one of the Charlotte area’s fastest growing suburbs. Huntersville a became known for its high quality of life-winning Best Place To Live in Money Magazine a few years ago, convenience to north Charlotte and Uptown, and great communities like Birkdale, Wynfield and McAulay, and many others.

Huntersville Real Estate Market Report

There are 120 Huntersville Homes Under $200,000,

more than $100K, median is $176,000, median sf about 1800

Of these, 87 come with 2 car garages

There are 54 Huntersville Condos or Townhouses for sale for under $200,000,

but more than 100K, median is $159K on about 1600sf

All 54 were 2 bedrooms, 53 were 2 bath

There are 198 Huntersville Homes For Sale Under $300,000,

but more than $200K, median $251,000 on about 2300 sf

142 properties were in communities with pools, 1 was on a golf course, 3 with water view

There are 10 Condos or Townhouses under $300,000,

but more than $200k, median is $235,000 on about 2400 sf

All 10 are 3 bedroom, 1is 3 bedroom and 3 bath

There are 147 Huntersville homes for under $400,000,

but more than $300k, median is $350,900 on about 3000sf

117 properties in communities with pools
26 in communities with pools, playground, and clubhouse
17 are ranch homes or 1.5 story homes

There are 3 Huntersville Condos or Townhouses for under $400,000,

but more than $300K, median is $373,000 on about 3000sf.

One “live-work”- townhome is included - live work is a mixed use retail space on the ground level, condo above, popular in Huntersville…

There are only 19 properties in Huntersville for more than $400,000. The median in this group is over $800K, and 8 are on the water, on the southern edge of Lake Norman.

When examined closely, this report tells a lot about Huntersville NC and the people who live there. Thumbnails below.

Huntersville- presbyterian hospitalhuntersville -lake norman Huntersville- skycroft luxury homesHuntersville- rosedale

* I do not examine Days on Market statistics closely because they are, in the aggregate, unreliable. Suffice to say that EVERY are of Charlotte has higher DOM today, than a year ago, by 25% or more, and when it comes to a specific property, I can do the research to determine exactly how many days the home has been for sale. More on unreliable DOM here.

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Moving to the Charlotte Area? Huntersville, South Charlotte,Waxhaw Perhaps? Your first Charlotte home?

I am a Charlotte real estate broker specializing in relocations, 2nd homes and first time home buyers–buying and sellingTerry McDonald Charlotte Real estate real estate of all kinds- and will represent only you. We work with Buyers and Sellers every day from Ballantyne to Lake Norman -and Fort Mill SC too. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not, and where the deals are. I think as you read my posts you’ll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser. We are working to make your relocation to the Charlotte area easier, less stressful and help you “buy smart.”

If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry

Related Links

Charlotte Homes For Sale- Map & Community Based, over 20,000 properties for sale!

Fix Housing First-a Housing Stimulus plan of the NAHB

Housing Stimulus by The NAR Proposal for the 2009 housing stimulus by the National Assocaiton of Realtors

Fort Mill- First Time Home Buyer Report (maps included!)

Charlotte NC Homes Best Value Under 500K

NC Lake Best Waterfront in Charlotte Under $2M

Bank of America Preferred RealEstate Broker

Popularity: unranked [?]

Authored by Terry McDonald | Discussion: No Comments »

Charlotte NC|Home Prices up Since 2006, Says Case- Shiller

Charlotte, NC

If you are going to buy a Charlotte home and live in a Charlotte home,  Charlotte home   prices are remarkably steady, and affordable too.

Case-Shiller, THE economic report for housing, closely monitors home values in the top 20 housing markets in the US. Economists and our news media use C-S not unlike the Dow or S and P for stocks, a basket of city indexes, to measure the national health of housing. Case-Shiller nationally has been falling steadily since its peak in 2006… which is why this tables comparison of 2000-2006, versus July 2006 (national peak) to September 2008, is so very useful.  Note Charlotte was Not the best city to speculate in… but arguably the best place to buy a home and live in it!

Charlotte is the only city still with positive prices since the peak, the full list is here, I saw this Friday in USA Today. 

Percentage change in the average selling price of existing homes during the housing bubble-peak to present
Metro area Jan. 2000-July 2006 July 2006- Sept. 2008
Minneapolis 71% -18%
Chicago 68% -12%
Denver 40% -7%
Atlanta 35% -9%
Charlotte 28% 2%
Dallas 25% -3%
Cleveland 23% -11%
Detroit 23% -27%
20-city average 107% -22%
Source: S&P/Case-Shiller Home Price Index

In fact, I would argue, that Charlotte’s 28% home price rise from 2000-2006- a little over 4% per year-is whole lot less “Bubble,”  more just the natural rise in home values over time of a  prosperous city.

Charlotte remains very “affordable” to buy a house as measured by median home price versus income,

in fact, Radar Logic, a New York firm that the Wall Street Journal loves to quote, called Charlotte the “only objectively affordable” major city in the US. The story also notes our home prices grew “organically” from the increas in well paying  jobs.

Looking ahead to 2009, as interest rates fall, and Congress and the new President work on a Housing Stimulus, Charlotte will be the first to re-bound, and continue its steady, if a bit boring, 3-4% annual price increase.   tm

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Moving to the Charlotte Area? South Charlotte, Huntersville, Waxhaw Perhaps? Your first Charlotte home?

I am a Charlotte real estate broker specializing in relocations, 2nd homes and first time home buyers–buying and selling real estate of all kinds- and will represent only you. We work with Buyers and Sellers every day from Ballantyne to  Lake Norman -and Fort Mill SC too. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not, and where the deals are. I think as you read my posts you’ll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser. We are working to make your relocation to the Charlotte area easier, less stressful and help you “buy smart.”

If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry

Related Links

Charlotte Homes For Sale- Map & Community Based, over 20,000 properties for sale!

Fix Housing First-a Housing Stimulus plan of the NAHB

Housing Stimulus by The NAR  Proposal for the 2009 housing stimulus by the National Assocaiton of Realtors

Fort Mill- First Time Home Buyer Report (maps included!)

Charlotte NC Homes Best Value Under 500K

NC Lake Best Waterfront in Charlotte Under $2M

Bank of America Preferred RealEstate Broker

Popularity: unranked [?]

Authored by Terry McDonald | Discussion: 1 Comment »

Fort Mill Homes For Sale- A First Time Home Buyer Market Report

Charlotte NC   

Great Home Prices, Low Taxes, Easy Commute and Connection to Charlotte NC Fuel Fort Mill Growth

Fort Mill is a South Carolina town just 17 miles from Uptown Charlotte. Since a major expansion of I-77 completed in 2006, and the lowering of property taxes in 2007, and its longstanding well regarded school system, Fort Mill has become a popular suburb of Charlotte.  Friday, I posted about luxury homes at Springfield, a beautfiul custom community in Fort Mill. Today’s post will feature entry level homes - many very suitable for first time home buyers.  First, a Google map!

Fort Mill South Carolina-close by charlotte

If you visit my Fort Mill  map, you’ll be able to see which blue marker is which-but they are, from left to right, Tega Cay, Baxter Village, Old Fort Mill (B) up to Legacy, then Springfield and furthest to the right Sun City Carolina Lakes (the over 55 active adult heavyweight).

You can see the easy commute, look carefully and you’ll see Charlotte-Douglas Airport to the west of Charlotte.

Fort Mill Homes for Sale

There are 74 Fort Mill homes for sale priced between $100,000 and $200,000.

Of these homes for sale, 17 are in communities with pools, 45 have 2 car garages, 5 are larger than 2500 sf, 6 are on more than .3 acres,and 2 are on more than .5 acres.

There are 214 Fort Mill homes for sale priced between $200,000 and $300,000.

Of these homes for sale, 130 re in communities with pools, 204 have 2 car garages, 56 are larger than 2500 sf, 17 larger than 3000 sf. Lot size varies, wth 15 more than .3 acres, 5 more than .4 acre, and 2 more than .5 acre.

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Moving to the Charlotte Area? Fort Mill Perhaps? Your first Charlotte home?

Have a home buying or home selling questions? I am a Charlotte real estate broker specializing in relocations, 2nd homes and first time homebuyers–buying and selling real estate of all kinds- and will represent only you. We work with Buyers and Sellers every day in Ballantyne, Lake Norman and and Fort Mill too. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not, and where the deals are. I think as you read my posts you’ll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser.

If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry

Related Links

Charlotte Homes For Sale- Map & Community Based, over 20,000 properties for sale!

Charlotte NC Homes Best Value Under 500K

NC Lake Best Waterfront in Charlotte Under $2M

Charlotte, NC  An Introduction to the Queen City

Bank of America Preferred RealEstate Broker

Popularity: unranked [?]

Authored by Terry McDonald | Discussion: No Comments »

Charlotte NC| A Top Ten City to Buy A Home

Charlotte NC, Uptown skylineCharlotte NC is number 1 in the south, and 7th nationwide in Forbes top ten list of places to Buy a home.

Based on affordability, the economy, taxes and overall quality of life, for the full story Charlotte appears on all kinds of lists, but what about you?

What are you looking for in a move to Charlotte?

Charlotte NC      If you were relocating, possibly to Charlotte, what are you looking for in a city-community? Underneath it all we are all looking to be happy, but what do we base that on?  More than 300,000 people have moved to Charlotte since 2000, something like the City of Cincinatti moving here… Why? Based on both experience and research, I’ve come up with this formula on why people move, and what draws them to the Charlotte area, from Lake Norman to Waxhaw.

Each group, family or individual, is different in how they prioritize these issues, but most folks want a good economy, to feel secure in their homes, an area that is aesthetically pleasing, and an area with good schools… Of course affordable home prices and values drive fully half the moves, but folks are also looking for as low as possible taxes, and an open culturally diverse city, and a city you can move around in without being killed by traffic.

I’ll be writing on this all week… Why families move to Charlotte, Huntersville or Matthews? Is it home affordability?
Good jobs? I’ll interview some of my past buyers and get their thoughts…

XXXXX

The Charlotte Observer reports that November was the coldest on record for 32 years–I believe that, it’s felt like January.

And the Black Friday numbers were surprisingly good. But expectations were quite low.

—————————————-

Moving to Charlotte? Your first Charlotte home?

Have a home buying or home selling questions? I am a Charlotte real estate broker specializing in relocations, 2nd homes–buying and selling real estate of all kinds- and will represent only you. We work with Buyers and Sellers every day in Myers Park, Southpark, Matthews and Huntersville, Lake Norman, Waxhaw and Lake Wylie too. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not and where the deals are. I think as you read my posts you’ll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser.

If you still haven’t figured out where you might want to live in Charlotte, you may compare area Charlotte home prices and communities, from our MLS based home search below. If you haven’t already, try my my fact-filled and well received Introduction to Charlotte NC Video (over 9000 You Tube views) and don’t miss the FAQ videos-answering the Big Question- Where to live in Charlote, or where to look for a luxury home in Charlotte? (in the right column just under the Introduction to Charlotte Video Screen)

If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry

Related Links

Living in Charlotte

Sun City Carolina Lakes

Charlotte Homes For Sale-  map based intuitive search

Charlotte NC Homes Best Value Under 500K

NC Lake Best Waterfront in Charlotte Under $2M

Charlotte North Carolina Real Estate- More Good Years Ahead

 

Bank of America Preferred RealEstate Broker

Popularity: unranked [?]

Authored by Terry McDonald | Discussion: No Comments »

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