Charlotte NC| Week in Review, Real Estate, Golf and More
April 27th, 2009 Categories: About Charlotte, Things To Do Charlotte
Whitewater, Light Rail, Real Estate, Tiger Woods…
Summer like weather returned to the Queen City this weekend, highs reached the low -90’s. The first duckings arrived.
The US National White Water Center
Opened April 1st with some new events and new pricing I think you’ll find attractive. They now have an All Day, All sport pass that includes:Â Family Rafting, Adventure Rafting, Rodeo Rafting, Climbing – Green Routes only, Climb 2 Zip, Mountain Biking, Flatwater Kayaking - Self Guided, Flatwater Kayaking – Guided, Eco Caching, Mega Zipline. Rates: Daily Adults/Children $49/29, the Entire Season, good through December 31, $139/109
Like a ride on their new Mega-Zip Line? Check out this video below
Light Rail Update- Next up in Charlotte’s light rail plan was to extend the existing south corridor line to UNCC, an 11 mile extension connecting the University to Uptown, and simultaneously build the Mooresville corridor, a 25 mile commuter train project which, despite its length is less expensive and more ready to build than the UNCC corridor. Declining revenues are making CATS officials rethink, and prioritize and the fight is on… which line to build first for the extremely popular trains.
Unemployment numbers for the region improved in March- a begining of a trend? Possible, I wish, but probably not yet.
Charlotte Homes and Real Estate
Median home prices in Charlotte are holding up surprisingly well, said Observer columnist Allen Norwood Saturday, reporting on what we’ve been saying for months- it is not all doom in gloom in Charlotte real estate, the better areas still command good (albeit somewhat lower ) median prices, and the best homes are still selling. Even with sales at 40% off, that means 60% do sell, which 60% do you think it is? I’ll answer my own question- those in the best condtion and realistic price.
First Time Home Buyers are the story in Charlotte Home Sales
There is no way to count first time home buyers scientifically and precisely in real time, no database to measure, but folks around here have come to believe that it would be some consistent percentage of those buyers buying homes between $80,000 and $250,000, for our purposes we use the number of 70%, and with that estimate the First Time Home Buyer Market. We use it to measure sales recorded in our MLS for a self-defined “Charlotte Metro area” in the Carolina MLS, defined as all of Mecklenburg, Union, Cabarraus, Iredell and Gaston County, and parts of York, Catawba, Lincoln and the lake areas.
In February, 70% of this market equaled $62,000,000 and in March, $119,000,000 a 92% increase month to month. In March, the total “Charlotte Metro area” Sold Volume was $241,000, 000 so first time home buyers accounted for half of all sales in March. Wait until April numbers are out!
PGA Quail Hollow Open in Charlotte This Week- Tiger’s Coming!
The tournament begins Thursday at Quail Hollow Country Club in South Charlotte, with pro-am events today, pro practice Tuesday, and7:00 am tee times for Thursday, Friday and Saturday. Sunday’s final will begin about 8:00, some tixkets are still available. eather should abe about perfect with high’s in the mid-70’s…
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Skilled Buyer Agents with Smart Buyers make great deals happen!
We provide detailed analysis prior to all offers, and take a lot of the guess work out. Plus, we know where the steals and deals are! The McDonald Team 704-351-1519 Search for Charlotte Homes
First Time Buyer Search for Homes
