Archive for May, 2008
Lake Norman| Jetton Park, a Family Favorite in Cornelius
May 31st, 2008 Categories: Things To Do Charlotte
Charlotte’s Northern Neighbor Has a Terrific Park in Jetton Park
by Kelli Robinson Kelli is a freelance writer, mother of two and resident of Mooresville NC, guest posting on CharlotteCommunitiesOnline.com.
Last weekend, my husband and I took the kids to Jetton Park, by far my favorite park in the Lake Norman- North Charlotte area. From Interstate 77 it is conveniently located between Huntersville and Cornelius (Exits 25 and 28). When we first moved here in 2006, I ventured to Jetton because I heard it offered a shaded playground – a rare but absolute must in the region during the summer months! Well it’s true there is a shaded playground; but that’s only one of the park’s great amenities that keeps us going back throughout the year and spending hours during each visit. The bike trail is perfect for kids and grownups alike. My five-year-old son completes it with no trouble thanks to the limited hills. The trail winds its way around the park, paralleling Lake Norman. While my son is anxious to finish the bike race in record time, I always make him pause by the lake so I can take in the view. The weekday view is peaceful, with sailboats dotting the shore here and there. The weekend showcases a parade of motorboats with people participating in water sports of all kinds. Catawba Avenue, the main road to Jetton off of Interstate 77 is developed and often crowded. I think that’s what makes the park so fun. You literally feel as if you’re getting away from it all.
My son and daughter also enjoy building sand castles and chasing ducks at the beach.
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Charlotte Light Rail Exceeding ALL Expectations- other transportation notes
May 30th, 2008 Categories: Charlotte News and Politics
The Trains are full– the parking decks at the rail stations are full by 9 am- six months into our Light Rail “Experiment”
daily ridership has far surpassed CATS most optimistic predictions, and silenced the vociferous critics, hopefully once and for all. More than 3200 cars off the road each day… can we all say YEA!!!
If you remember, rail opponents had succeeded in a ballot referendum to remove the 1/2 cent sales tax financing the project- but were resoundingly beaten at the polls last November, by more than 2 to 1 in favor of keeping the tax, ipso facto endorsing Light Rail. (they supposed no one would use the trains)
Now with daily ridership exceeding 12,000 riders– the end of year 1 year projection was about 9500– there is an air of confidence coming from the Charlotte Area Transit Authority(CATS).
So which line will be next? The line to UNCC or the line to Mooresville? It will depend on the many politicians who had their fingers in the wind begin smart enough to get behind this win/win community proposition.
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The Providence Road widening is getting under way in earnest… it will be 6 lanes to Ardrey Kel and 4 lanes to New Town Rd. This long awaited expansion will be complete in 2010– and will bring relief to many east Union count residents.
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Matthews- Weddington Road is being widened between 485 and the intersection at Fulwood. I ‘d avoid this in the rush hour when possible.
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Moving to Charlotte? Considering a Move? Call me, Terry, about these or any other homes in the greater Charlotte area at 704-351-1519 or Search All Charlotte Homes , for that perfect home in Charlotte.
Related Posts
Charlotte Real Estate Insurance and Taxes
Home Prices Rise in South Charlotte in First Quarter of 2008
Myers Park Homes for Sale- Over $1M
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Charlotte, NC Real Estate| Homes for Sale Report: Beverly Crest, Providence Plantation, Raintree
May 29th, 2008 Categories: Buy A Charlotte Home, south charlotte
Homes for Sale in the Beverly Crest, Providence Plantation, and Raintree Neighborhoods
Three great neighborhoods in South Charlotte known for their convenience, affordability and easy living… all near the intersection of Providence Road and RT 51, Pineville-Matthews Road, with only Beverly Crest being inside Rt 51 on the Charlotte side of Rt 51. This big 3 gives you all styles of homes: a traditional style in Providence Plantation, Craftsman style in Beverly Crest, and contemporary at Raintree.
The neighborhood of Beverly Crest is located on the corner of Providence Rd and Matthews-Pineville Rd (Hwy 51). The neighborhood is located a 1 or 2 drive away from the Arboretum and is within walking distance of Providence high school. Beverly Crest is convenient to those working in the uptown area, only a 15- 20 minute drive, and about 10 minutes to Soutpark. Here is a great Beverly Crest home for sale from a post I wrote last week.
The homes for sale in Beverly Crest are broken down below by price:
There are 4 homes for sale for under $300,000.
There are 13 homes for sale under $400,000, but more than $300k.
There are 6 homes for sale for more than $400k.
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Charlotte Real Estate Market Updates
May 28th, 2008 Categories: Buy A Charlotte Home
Charlotte Real Estate Values Hold Up Well
Did you see yesterday’s Case- Shiller Report? For the 3rd month in a row, Charlotte is the ONLY market of 20 leading markets in the country with Rising prices… before we get too excited lets note that it is less than a 1% increase– but still, the national market price index dropped 14% for the same month. Bad news if you have to sell your home to get here.
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Baxter Village in Ft Mill announced it’s 1000 th home closing since it began in 1999 .This “city within a city” is extremely convenient just off I 77 in nearby Ft Mill-
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Charlotte Mortgage Update- May 28 2008
May 28th, 2008 Categories: Charlotte News and Politics
The Charlotte NC Mortgage Update May 28, 2008 from Myers Park Mortgage
Mortgage Interest Rates
My advice is still to lock. If you are closing in the next 15 days, lock. The market is a little bit better today so far on mixed news. The consumer confidence report was bad, but new home sales were much better than expected, up 3.3%! With no more news coming today, traders will primarily be watching oil prices and stocks. Rates are still low, so I would not risk it right now. The odds are definitely against rates dropping in my opinion.
We offer rate protection against higher and lower rates! If that peeks your interest – give me a call!
HOT Products… Quality Loans to Consider
NO PMI? We are once again able to offer “Lender Paid” PMI for loans upto 97%!! This is a fantastic way to get around paying expensive mortgage insurance without having to put a ton of money down. This can also help relieve tax burden by making the PMI tax deductible. DOWN with PMI!!!
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Charlotte NC| Sun City Carolina Lakes- Over 55 and Active? The Real Deal…
May 27th, 2008 Categories: Fort Mill SC Carolina Lakes, Terry\'s Top Ten New Home Communities
Over 55, Active Adult Real Estate in the Greater Charlotte Area. If you want amenities, Sun City Carolina Lakes in close-in SC is the real deal.
A client of mine saw this entrance and fell in love. (Pic taken on a fall grey day) That client closes next week! Congrats Nancy and John!
This is Part II of a series on Over 55 Active Adult communities in the “Greater” Charlotte, NC area… see part I, Four Seasons, here. So whats the attraction?
The climate obviously, golf is a 360 day sport here… some have grand kids living in Charlotte, some just think Florida is too hot (and hurricane prone) others love the ridiculously low property taxes…But really, it is all about the lifestlye... all the conveniences of city living in a golf -suburban setting, 25 minutes from a major Southeastern US city. 
Home Sales Starting to Move at Sun City Carolina Lakes
In the last 30 days, 2 homes closed, but 13 went pending- new contracts. Fence sitters are leaving the fence! There are several re-sale homes worth paying attention to, because they are on fantastic lots. I saw these earlier in the week in advance of a client coming to town.
The first is on Legend Oaks, it backs to the woods, and has a finished walkout basement. Almost 3900 sf, 3 be
drooms, 3 bath (easily a 4th if you needed it) the popular Willow Bend model, with stone front… Asking 422,000, I’d try 390K to get started.
Another is on Grandview, just a few doors down from the $500K models and sits on the golf course, this is also a Willow Bend, but with no basement coming in at about 2100 sf. Easy walk to the amenity center, or sit on your deck and watch the golfers go by. Excellent condition, many custom upgrades, sensibly priced at $375,850 , lets try $365,000.
Amenities- let me count the ways…
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Charlotte NC Memorial Day Updates 5-26-08
May 26th, 2008 Categories: Things To Do Charlotte
Charlotte NC Real Estate Update
For the week ending 5/24/08, there were 499 closed sales, and 592 new contracts went pending. This is against over 22,000 homes on the market in the greater Charlotte area covered by the Carolina MLS . (Includes parts of upstate South Carolina) Congrats to these two waterfront sellers (brokers too!) on Lake Wylie, side by side For Sales, have now become side by side Solds.
The greatest momentum is not surprisingly in the under $1M market, accounting for more than 90% of the Closed and New Pending contracts. I don’t report Days on Market, because it is just not meaningful the way it is computed.
For townhomes and condominiums, 67 condos closed this week, and there were 96 new contracts, with 3805 on the market.
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Charlotte, NC| Homes for Sale Report: Stonehaven, Cotswold, Olde Providence
May 24th, 2008 Categories: Buy A Charlotte Home, south charlotte
Homes for Sale Report for Stonehaven, Cotswold, and Olde Providence Neighborhoods
The neighborhood of Stonehaven is located just south of Rama, between Monroe and Sardis Rd, just north of McAlpine Park. The neighborhood offers easy access to the uptown area from either Monroe or Sardis- is quite affordable for its proximity to Charlotte, and the largest Jewish Temples in Charlotte on Providence Road ( Temple Beth El and Temple Israel) between Stonehaven and Olde Providence.
There are currently 47 homes for sale in Stonehaven. They are broken down below by price:
There are 9 homes for sale for under $200,000.
There are 18 homes for sale for under $300,000, but more than $200k.
There are 20 homes for sale for under $400,000, but more than $300k.
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Charlotte Real Estate Market Updates
May 23rd, 2008 Categories: Buy A Charlotte Home, Lake Norman real estate
National Real Estate Report Demonstrates Charlotte’s Market Strength and Value
Fannie Mae released what many consider the most comprehensive national “sale report” yesterday on the nations housing. While the headline was NOT good, and the nation is faced with a housing depression the likes of which may not have been seen for 50 years, Charlotte and a handful of cities fared well. 2 years into the nation wide housing decline, Charlotte had a 6% increase in prices year over year through March, though it fell off in April to 1.5%. Still positive, and still not bad at all. I remind myself daily how fortunate I am be in Real Estate in Charlotte, NC!
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Home Sales notes from the Charlotte Carolina MLS
In the last month, 2,653 single family homes were closed (sold) in the “greater” Charlotte area covered by the MLS
36 Waterfront homes closed
32 Homes on the Golf Course closed
The most expensive listing in the MLS? $10,500,000 for an estate on Upper Lake Norman,
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A Quick 3 Hours From Charlotte| A Day Trip to Charleston SC
May 22nd, 2008 Categories: Things To Do Charlotte
Great Art in Charleston SC!
A few weeks ago, my wife and I left Charlotte for a day trip, a quest to buy some art for our house. We left late Thursday afternoon, and came back about 8 pm on Friday (only time I could make it before my wife’s graduation party at our house) We were searching for one, possibly two pieces, for the great room in our house. We stopped in at the Art Institute of Charleston, and they helpfully directed us on a walking tour of Charleston’s art galleries.
Charleston has developed a national reputation for art, and it’s Spoleto Festival is internationally known. Painters, sculptors, performance artists and more take over the downtown from Thursday, May 23 through June 8. (The Pink House Gallery on left, built of pink Bermuda stone in the mid 1690’s, is possibly the oldest tavern/brothel in the South)
Starting our quest on Market Street around 10 am, working our way down East Bay, we visited no fewer than 7 or 8 galleries in the 4 block walk to Broad Street.
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