Home Sales Up In The South

A recent article in today’s Charlotte Observer stated that pending home sales in the South were up 13% in December of last year, outperforming the West and the Northeast markets. Pending sales are properties under contract, which generally will close in about 30-45 days.
At the same time, prices continue to fall in every market. It [...]

Home Owners Associations-Are They For You?

From time to time I get clients who request I search for a property that has no home owners association, or HOA, governing the neighborhood. Reasons range from having had a bad experience with one in the past, to not wanting the added expense, or in some cases, a desire to do something with the [...]

Curtis Pond Market Update

Curtis Pond is a large neighborhood in East Mooresville, developed most recently by Scenic Homes. Although Scenic is no longer building in this community, there is still inventory for sale. Most of it is resale homes, but there are a few new construction homes still there. Frankly, you have a better chance of getting a [...]

Contingent Sale

I had a question from one of my listing owners the other day about how contingent sales work.  Seems that it might make sense to write a brief post to clear this particular option up for folks. I would imagine there are more of you out there with the same questions.
First, let me say that [...]

Timing The Market

 
Ask anyone in real estate today and they will tell you unequivocally that we are in a “Buyer’s Market.” The indicators that make that so are high inventory, falling prices, and low interest rates. So why aren’t buyers buying?
A lot of potential buyers are operating from a place of fear, afraid that they might pay [...]

Buyers- Do Your Research

Here’s a few tips for buyers looking in today’s real estate market that will help you make better decisions and use your time more efficiently. Since there is still a healthy inventory of homes for sale in the Lake Norman area, it’s not hard to find several properties in the same neighborhood that fit your [...]

What About A Home Warranty?

This question comes up in every real estate transaction anymore, and people want to know if they are worth the money or not.  I make the following points to my clients when the subject comes up:
As a buyer, if you have any concerns about age or condition of systems in a home you plan to [...]

Legal Help With Home Buying

Buying a home is a highly emotional purchase. People usually choose one home over others because they feel a strong connection to the property. But a home purchase is also a serious legal undertaking with real deadlines, criteria and procedures. That is why many buyers retain the service of a real estate attorney.
 
When you [...]

Buying Versus Renting in Today’s Economy

A lot of folks are entering the housing market as renters these days, not necessarily by choice. A lot of homeowners are deciding to rent their property out because they can’t find a buyer. The rental market has gotten very active since the real estate and mortgage bubble burst.
There’s another group of people, though, considering [...]

Buyers – Avoid the Common Mistakes

If, like most everyone else, you watch HGTV, then you know that there are a lot of shows on that network that are designed to help real estate buyers or sellers make decisions. They are currently running a series on the 25 Biggest Real Estate Mistakes .  Some of the mistakes are ones buyers make, [...]