Charlotte real estate market status – South of SouthPark

Charlotte is just a baby!

Michael Gibbons — Wed, 06 Feb 2013 00:10:36 +0000

That's right North Carolina is one of the youngest states in the country - and Charlotte is one of the youngest 'kids'! According to the US Census (remember....you filled out the form right!!) North Carolina's median age is 37.4 and Charlotte is 33.2...a baby! Having lived here over 30 years we have always felt Charlotte [...]

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Charlotte Voted Top City for Families (and Dads)

Michael Gibbons — Mon, 04 Feb 2013 16:09:47 +0000

Charlotte Voted Tops in Family Friendly cities! (as for the Best Dad* drop by our Facebook page and vote www.facebook.com/SouthOfSouthPark Charlotte is number four of fifty cities surveyed, Raleigh just a little higher at number one. If you live here, especially if you have a family with school age kids then you didn't need the [...]

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Better grab a chair*…quick! (Montibello home for sale inventory near historic low)

Michael Gibbons — Sun, 20 Jan 2013 15:05:15 +0000

The music is going to stop.... A picture says a thousand words....home for sale inventory is nearing historic lows in many of Charlotte's most desirable neighborhoods and overall in Charlotte MLS home for sale inventory is down 56% from two years ago! (see charts below) The Montibello neighborhood MLS statistics are striking: there is only [...]

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For $200 the answer is…The Best Opportunity in Your Lifetime

Michael Gibbons — Wed, 09 Jan 2013 16:56:21 +0000

Alex, What is buying a home? Yes, buying a home now is the best opportunity in your lifetime! Who says that? Lost in last year's "secretarial tax rate" and Buffet Rule noise was an interesting, profound and personal statement about home ownership by Warren Buffet, arguably the greatest (and most frugal) billionaire investor of all [...]

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Million Dollar Charlotte Home Sellers / Buyers…It’s your turn!

Michael Gibbons — Sat, 29 Dec 2012 16:26:50 +0000

You know what's hot? ...Charlotte real estate. Know what's even hotter? Million Dollar Properties! (but let's settle down hair pulling is never appropriate) From the National Association of Realtors...The Real Force Behind the Rise in Home Prices The housing market started to mend in 2012 making it the most successful sector of the economy this [...]

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Charlotte Home Prices on the Rise | Spinnin’ wheel got to go ’round

Michael Gibbons — Wed, 26 Sep 2012 14:45:18 +0000

I think the Charlotte housing market has been making us all pretty dizzy. One month Charlotte home prices are up the next they're down... Blood Sweat and Tears had it half right what goes up does come down but it also comes back up. While the overall Charlotte home market on average is looking much [...]

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Charlotte Home Prices Up….We’re Just A Swingin!

Michael Gibbons — Wed, 29 Aug 2012 21:45:09 +0000

see more Cath Schneider photos http://500px.com/photo/3336596 Standard & Poor's Case Schiller Home Price Index indicates that home prices in the Charlotte area are on the upswing. Charlotte home prices rose one percent in June 2012 versus May 2012. This is the fourth straight month of rising home prices in the Charlotte MLS area. [...]

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Mountainbrook Win Win: Five reasons to SELL and one great reason to BUY!

Michael Gibbons — Wed, 22 Aug 2012 15:48:41 +0000

While the Mountainbrook MLS statistics are striking we' not that surprised. Classic Southpark area neighborhoods like Mountainbrook, Barclay Downs, Montibello, Foxcroft and Sharon Woods are super popular...again. In fact we just received a unsolicited letter asking if we'd be interested in selling our Montibello on Sentinel Post Rd. That has happened to Charlotte homeowners since [...]

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Charlotte’s Foxcroft Neighborhood Back to the Future.

Michael Gibbons — Tue, 21 Aug 2012 15:42:49 +0000

Gas was $1.78 a gallon, George Bush was President, Katrina happened, Martha Stewart went to jail, Lindsy Lohan and Paris Hilton were doing what Lindsay Lohan and Paris Hilton do. The year was 2005 and the Foxcroft home real estate market was actually a lot like it is today in 2012...seven years later! This Foxcroft [...]

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South Charlotte’s Ardrey Neighborhood in Wonderful Balance

Michael Gibbons — Mon, 13 Aug 2012 16:07:45 +0000

http://500px.com/photo/4956786 I'm not a "numbers" guy but statistics can be interesting. Rhonda is working with a couple of buyers interested in the South Charlotte Ardrey neighborhood*. Ardrey has always been a personal favorite of Rhonda and me - happy Charleston style homes with front porches packed with friendly neighbors and kids - one day I [...]

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