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Happy Holidays!
Happy Holidays!
Happy Holidays! Happy Holidays!
Season's Greeting Season's Greeting Season's Greeting
Happy Holidays!
Happy Holidays!
Happy Holidays!
Happy Holidays!
Wishing you a Joyous and Prosperous New Year!
Thank you all for your business and support during 2017. We look forward to serving you in 2018 and please keep us in mind for your friends, family and neighbors looking to sell or buy in the future.
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November Charlotte Market Update
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The facts of residential real estate have remained consistent in 2017. In year-over year comparisons, the number of homes for sale has been fewer in most locales,
and homes have been selling in fewer days for higher prices. This hasn't always
been true, but it has been a common enough storyline to make it an overarching
trend for the year.
New Listings were up in the Charlotte region 8.3 percent to 3,707. Pending Sales
increased 14.3 percent to 3,487. Inventory shrank 18.1 percent to 9,024 units.
Prices moved higher as Median Sales Price was up 6.4 percent to $223,375.
Months Supply of Homes for Sale was down 20.7 percent to 2.3 months, indicating
that demand increased relative to supply.
New tax legislation could have ramifications on housing. The White House believes
that the tax reform bill will have a small impact on home prices, lowering them by
less than 4 percent, and could conceivably boost homeownership. The National
Association of REALTORS® has stated that eliminating the mortgage interest
deduction could hurt housing, as the doubled standard deduction would reduce the
desire to take out a mortgage and itemize the interest associated with it, thus
reducing demand. This is a developing story.
Stats from Charlotte
Regional Realtor Association
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November
2016 |
November
2017 |
%Change |
| Homes for Sale |
11,021
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9,024
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-18.1 |
| Pending Sales |
3,050
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3,487 |
+14.3 |
| Closed Sales |
3,388
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3,485
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+2.9 |
| Days on Market |
60 |
54 |
-10.0 |
| Average Sales Price |
$258,619
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$270,957
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+4.8 |
| Months Supply of Homes |
2.9 |
2.3 |
-20.7 |
Based on information from the Carolina Multiple Listing Services, Inc. for the month of November 2016 & 2017 for the entire Carolina MLS area.
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The NC
Christmas tree industry is ranked
second in the nation
behind Oregon in terms of production, with nearly 4.3 million trees harvested annually. That's more than 20 percent of the natural Christmas trees grown in the US. Frazier firs are the most popular since they have a long shelve life and give off a good aroma.
Charlotte was recently recognized as the #1 destination for millennials to relocate? This is according to Business Insider based on the latest data available from 2015.
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Prepare Your Garbage Disposal for Maximum Capacity
This is a very simple, inexpensive, three-step solution that you actually should do once a month to keep your garbage disposal smelling good and working.
Step 1: Pour a cup of baking soda and three cups of white vinegar down your garbage disposal. (Baking soda first, vinegar second.) Let it bubble away all that grime and gunk that has accumulated.
Step 2: Now mix a tablespoon of degreasing dish detergent (we like Dawn) into four cups of very hot (slightly cooler than boiling) water. Pour this down your garbage disposal to melt away any greasy gunk that is lining your garbage disposal, drain and pipes.
Step 3: Stuff two cups of ice cubes down your garbage disposal. Run cold water (full blast) and then run the garbage disposal. This will sharpen the blades.
Now your garbage disposal should smell and work better.
Important note: when preparing food and cleaning up after meals, make sure guests know not to put vegetable peels, turkey bits, grease, egg shells, etc. down the garbage disposal.
Prepare Your Dishwasher for Action
If you've got a dishwasher that has been underperforming or not draining all the way, take the time to clean out the basket in the bottom of the drain. Check the rinse aid level to make sure you've added rinse aid (it really does improve performance), and run two cups of white vinegar through (without dishes in it) to get it sparkling clean.
Brought to you by E.R. Plumbing
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Thank you for your business and Referrals
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Of course, nothing is
appreciated more than referrals
so if you know of anyone looking to buy or sell please keep us in mind! We would be delighted to assist in any way we can.
Sincerely,
RE/MAX Executive Realty
Charlotte, NC 28211
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6501 Rosemary Lane -- 5 BR, 3 BA
Price: $950,000 (3629 sqft) 1.73 acres
Subdivision: Sharon Hills
→ More info
Guy Ward | MLS # 3330133 | Active
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6211 Sharon Acres Road -- 5 BR, 3.1 BA
Price: $950,000 (3216 sqft) 1.21 acres
Subdivision: Sharon Hills
→ More info
Guy Ward | MLS # 3336832 | Active
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6810 Rosemary Lane -- 3 BR, 2 BA
Subdivision: Sharon Hills
SOLD
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1586 Old Friendship Road
Price: $325,000 (39.55 acres)
→ More info
Guy Ward | MLS # 3068361 | Active
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9308 Vicksburg Park Court -- 2 BR, 2 BA
Complex: Park Walk /
SOLD
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