“World's Most Complete Neighborpedia”
Sponsor a Community — What is Localism? | Register or Sign In
Explore:   What's happening in your neck of the woods?
HomeNorth CarolinaIredell County

About Iredell County, NC

Blog_tag

Middle-Market Sector to Improve

11-20-09
Kathy Byrnes
Kathy Byrnes: Real Estate Brokerage in Mooresville, NC
  • view my blog
  • Mobile: (704) 881-3930

Check out this article from the REALTOR Magazine:

Executives from some of the largest brokerages in the country expect to see their sales grow 6-8 percent in 2010 and home prices to start heading up about 3 percent, REALTORS® heard in a state of the real estate industry discussion Saturday at the 2009 NAR Conference & Expo.

J. Lennox Scott, chairman and CEO of John L. Scott Real Estate, said expansion of the tax credit to include repeat buyers will help boost middle-market sales next year, although mortgage financing above the $417,000 non-jumbo conforming loan limit will remain a challenge. "The repeat tax credit will at least start a conversation about buying" among existing home owners, Scott said.

Congress recently extended temporary high-cost loan limits of $729,750 for 2010, but the lion's share of markets don't qualify for those so-called jumbo-conforming loans. As a result, repeat buyers face tougher underwriting challenges. "People applying for a $419,000 mortgage are not wealthy-they're two teachers," said Helen Hanna Casey, president of Howard Hanna Real Estate Services, which operates in Pennsylvania, New York, and other states in that region.

The improvement in the middle market will help tighten inventories, helping to shore up prices, but the upper-end market will continue to under perform until companies start hiring again. That's when the industry will see more relocation business among transferees, a critical component of the upper-end market, said Scott.

Merle Whitehead, president and CEO of RealtyUSA said a key job of brokers next year is making sure their sales associates understand FHA, because federally-backed mortgages will remain the principal provider of mortgage financing for most borrowers. Too many sales associates still think of FHA as financing for people who can't qualify for conventional mortgages, but in fact FHA is the main source of mortgage capital today. "We have to change the thoughts and beliefs of our agents," he said.

-Robert Freedman, REALTOR® magazine

0 Comments
Blog_tag

Mooresville, NC Homes for Sale!

11-20-09
Sara D'Amico
Sara D'Amico: Real Estate Agent in Huntersville, NC
  • view my blog
  • Mobile: (704) 287-6488

If you're looking for a home in Mooresville, North Carolina, click FIND MOORESVILLE HOMES. If you see a property that interests you, please feel free to contact me for more information or to arrange a showing. I look forward to earning your business!

SARA D'AMICO

BROKER/REALTOR/ABR

SOUTHERN HOMES OF THE CAROLINAS

704-287-6488

SARAD@BUYANDSELLWITHSARA.COM

WWW.BUYANDSELLWITHSARA.COM

WHEN YOU SELL OR BUY...

0 Comments
Blog_tag

How Effective Was Using The 10G Program? Outstanding!

11-17-09
Kathy Byrnes
Kathy Byrnes: Real Estate Brokerage in Mooresville, NC
  • view my blog
  • Mobile: (704) 881-3930

The stats are in and it tells a huge story. My last blog shared our story of the creation and the first drawing of RE/MAX at the Lakes 10G drawing. Now the real story is how effectively did it work for our Listing Clients. These are the time time frames from when we started the program this year and how it compared to the average days on market for all homes, then all our RE/MAX at the Lake Listings and then all the RE/MAX at the Lake listings that were 10G homes.Here are the Stats:

Average Days on the Market
Charlotte MLS

141 Days

Average Days on the Market
RE/MAX at the Lake Listings

132

Average Days on the Market
RE/MAX at the Lake
10G Listings

86

This powerful fact shows that listing a home with a RE/MAX at the Lake agent and agreeing to pay a modest $250 toward the pot can reap a much faster sale.

2 Comments
Blog_tag

Mary Spillman | 1446 Mount Ulla Hwy. Mooresville, NC | Keller Williams Lake Norman

11-16-09
Rob Armstrong
Rob Armstrong: Real Estate Media in Charlotte, NC
  • view my blog
  • Mobile: (704) 904-3466

Take a 360 Virtual Tour: http://rtvpix.com/RE-6280-LDLK16-01

Mooresville, NC 28115

Price: $499,000
Beds: 5
Baths: 3.5

MLS #: 899146
Garage: 3
Total SF: 3,150
Acres: 2.28


704-892-5518
19721 Bethel Church Road
Cornelius, NC 28031
View My Tour Gallery

Powered by Media Tours 360
Your Charlotte Metro Real Estate Marketing Expert!

0 Comments
Blog_tag

Homes for Sale in Harbor Watch, Lake Norman NC

11-16-09
Heather Lewis Kline
Heather Lewis Kline: Real Estate Agent in Cornelius, NC
  • view my blog
  • Office: (704) 439-5271
  • Mobile: (704) 472-8662

Homes for Sale in Harbor Watch, Lake Norman NC

Harbor Watch in Statesville, NC is a beautiful gated Lake Norman community near the Lake Norman State Park. This community offers a variety of lakefront and lake access homes. Being situated on the northen end of Lake Norman provides residence with relaxed lake atmosphere. This community features a selection of high end custom homes as well as excellent affordable lake access options.

Location: Statesville, NC

Amenities: Boat Ramp, Gated Community, Lake, Pond, Recreation Area

Price Range: $300,000 to $640,000

Square Footage: 2,100 to 4,600

Home Styles: Transitional, Traditional

HOA: $550 Annually

CLICK HERE TO VIEW AVAILABLE HOMES FOR SALE IN HARBOR WATCH.

Please Call or Email With Any Questions or To View Any House For Sale in Harbor Watch.

www.KlineLakeAndCity.com

AndrewKline@KW.com HeatherKline@KW.com

704-472-8662
0 Comments