Carol Fox, Charlotte Neighborhoods, Union County NC Real Estate Broker

The 2011 Wesley Chapel NC Real Estate Market—Four Facts

It's time to look at the real estate market in Wesley Chapel NC and to assess how home buyers and home sellers fared in 2011.

Here are four facts about the Wesley Chapel marketplace in 2011.

• Median closed prices improved slightly over the median price in 2010 and substantially over 2009 pricing.
• More homes sold in 2011 than in each of the previous two years.
• New construction accounted for only 5% of the Wesley Chapel market in 2011.
• Approximately 25% of sales were distressed sales in 2011.

What do these four facts mean for Wesley Chapel buyers and sellers?

1. In spite of the number of distressed sales in Wesley Chapel in 2011, the median price remained stable over the past two years.
2. Sellers may find that Wesley Chapel pricing has bottomed.
3. Buyers will not be able to find much choice in new homes in Wesley Chapel.

Want to learn more about the real estate market in Wesley Chapel and see all the numbers for each of the past four years? Click on the link below.

Wesley Chapel NC Real Estate Market Report—Year 2011

Copyright 2012. Carol Fox. Allen Tate Realtors. *The 2011 Wesley Chapel NC Real Estate Market—Four Facts*

The Chimneys of Marvin, a Charlotte neighborhood adjacent to highly-regarded schools.

Would you like to live in a neighborhood where your children could walk to school for their entire school career? If so, consider The Chimneys of Marvin where neighborhood streets pass by three highly-regarded Union County schools. Sandy Ridge Elementary is adjacent to the neighborhood with some homes across the street from the school. The Marvin Ridge Middle and Senior High complex is across the road from the community.

The Chimneys of Marvin, a master-planned community with two villages and an amenity center, offers new homes and resales. Most of its home sales in 2011 were new construction. The neighborhood is located just a short drive from South Charlotte’s amenities among the horse farms of Marvin NC. Historic downtown Waxhaw NC is nearby offering shopping, restaurants, a farmers market and numerous community festivals.

What you can find in The Chimneys of Marvin are full-brick homes on one third to one half acre lots. The pricing ranges from the low $300,000s to over $400,000.

Click the link below to get more information about The Chimneys of Marvin, its builders, its community amenities, the 2011 real estate market, and its schools.

The Chimneys of Marvin—Neighborhood Information and Homes for Sale

Click here to see The Chimneys of Marvin homes for sale.

Click here to receive a free market evaluation of your The Chimneys of Marvin home.

Copyright 2012. Carol Fox. Allen Tate Realtors. *Charlotte Neighborhoods—The Chimneys of Marvin*

The 2011 Lake Park NC Real Estate Market—Four Facts

It's time to look at the real estate market in Lake Park NC and to assess how home buyers and home sellers fared in 2011.

Here are four facts about the Lake Park marketplace in 2011.

• The number of single family homes sold in Lake Park increased by 75% in 2011 over 2009 and 2010 and was nearly the same as 2008 sales.
• The median single family home price continued to drop in 2011, off 14% from 2010.
• Only four townhomes or condos sold in Lake Park in 2011.
• The 2011 median sales price for townhomes dropped to the lowest price in four years.

What do these four facts mean for Lake Park buyers and sellers?

1. Home prices in Lake Park are more affordable than ever for buyers in the community.
2. While there appears to be a good supply of buyers for single family homes, these sellers may have to struggle with the pricing of their homes.
3. The market is very difficult for the sellers of townhomes and condos in Lake Park because of the low number of buyers and the resulting declining prices.

Want to learn more about the real estate market in Lake Park and see all the numbers for each of the past four years? Click on the link below.

Lake Park NC Real Estate Market Report—Year 2011

Copyright 2012. Carol Fox. Allen Tate Realtors. *The 2011 Lake Park NC Real Estate Market—Four Facts*

The 2011 Weddington NC Real Estate Market—Four Facts

It's time to look at the real estate market in Weddington NC and to assess how home buyers and home sellers fared in 2011.

Here are four facts about the Weddington marketplace in 2011.

• The number of homes sold was the same as the number sold in 2010 and more than units sold in 2008 or 2009.
• The median sales price of $412,500 continued declining in 2011, down 13.1% from 2010 and off 27.3% since 2008.
• New construction accounted for only 11% of all sales in 2011.
• Distressed sales made up a quarter of the 2011 market.

What do these four facts mean for Weddington buyers and sellers?

1. The luxury home market continues to suffer from the lack of new homes being built and the impact of distressed sales on pricing.
2. Home buyers in Weddington can find some of the best values ever in this small town.

Want to learn more about the real estate market in Weddington and see all the numbers for each of the past four years? Click on the link below.

Weddington NC Real Estate Market Report—Year 2011

Copyright 2012. Carol Fox. Allen Tate Realtors. *The 2011 Weddington NC Real Estate Market—Four Facts*

Lawson, a Charlotte neighborhood where history is preserved.

Lawson doesn’t have historical houses. It’s the land itself where Lawson lies among 500 acres of rolling woodlands that has a history. In 1701, an English naturalist named John Lawson followed an ancient trail of the Waxhaw Indians to discover the area. In the mid-1700s, a thriving settlement was located here where five roads met at Five Forks. The land was also the site of a 19th century mill called Howard’s Mill.

These historical sites are preserved in Lawson’s common areas, which encompass nearly a third of this master-planned community. Miles of walking and hiking trails weave through the common areas for residents to enjoy. The working water wheel and building of the community clubhouse evoke Howard’s Mill.

Lawson residents can enjoy its history and natural sites while living in newer homes. Started in 2005, Lawson has several villages completed and a new builder has announced plans for three new villages in 2012. The neighborhood has a great location off Cuthbertson Road in the small Union County NC town of Waxhaw NC. Waxhaw is a twenty minute drive from Charlotte’s southern edge.

Click the link below to get more information about Lawson, its builders, its community amenities, the 2011 real estate market, and its schools.

Lawson—Neighborhood Information and Homes for Sale

Watch a video tour of the Lawson neighborhood.

Click here to see Lawson homes for sale.

Click here to receive a free market evaluation of your Lawson home.

Copyright 2012. Carol Fox. Allen Tate Realtors. *Charlotte Neighborhoods—Lawson*