“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

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

Indian Trail NC Real Estate Market Report--April to June 2009

How did Indian Trail NC real estate market activity in the second quarter of 2009 compare with the first quarter 2009?

This post will summarize second quarter 2009 real estate sales in Indian Trail NC plus compare changes in sales data with first quarter 2009 results.

Indian Trail NC Real Estate Market Report--2009 Second Quarter Data and Change from 2009 First Quarter

Single Family Homes in Indian Trail NCUnion County NC Towns Average Prices

Number of Sales: 82

Change from first quarter: +38%

Average Price: $181,864

Change from first quarter: +2%

Average Days on Market: 98

Change from first quarter: -6%

Current Active Listings: 226

Change from first quarter: -11%

Most Active Neighborhoods: Brandon Oaks, Bonterra, Fieldstone Farm

Townhomes and Condominiums in Indian Trail NC

Number of Sales: 2

Change from first quarter: no change

Average Price: $110,250

Change from first quarter: -7%

Average Days on Market: 54

Change from first quarter: -60%

Current Active Listings: 16

Change from first quarter: -23%

Most Active Neighborhoods: Taylor Glenn

Source: Carolina Multiple Listing Service

Compare with the Indian Trail NC 2008 Real Estate Market

Copyright 2009. Carol Fox. *Indian Trail NC Real Estate Market Report--April to June 2009*

Waxhaw NC Real Estate Market Report--April to June 2009

How did Waxhaw NC real estate market activity in the second quarter of 2009 compare with the first quarter 2009?

This post will summarize second quarter 2009 real estate sales in Waxhaw NC plus compare changes in sales data with first quarter 2009 results.

Waxhaw NC Real Estate Market Report--2009 Second Quarter Data and Change from 2009 First Quarter

Single Family Homes in Waxhaw NCAverage Prices in Union County Towns

Number of Sales: 57

Change from first quarter: +96%

Average Price: $322,491

Change from first quarter: +1%

Average Days on Market: 149

Change from first quarter: +18%

Current Active Listings: 211

Change from first quarter: -14%

Most Active Neighborhoods: Cureton, Millbridge

Townhomes and Condominiums in Waxhaw NC

Number of Sales: 5

Change from first quarter: no change

Average Price: $162,929

Change from first quarter: +22%

Average Days on Market: 101

Change from first quarter: -38%

Current Active Listings: 8

Change from first quarter: no change

Most Active Neighborhoods: Cureton

Source: Carolina Multiple Listing Service

Compare with the 2008 Waxhaw NC 2008 Real Estate Market.

Copyright 2009. Carol Fox. *Waxhaw NC Real Estate Market Report--Second Quarter 2009*

Stumptown Park is Matthews NC Community Hub

Stumptown Park is Matthews NC Community Hub

Labor Day weekend brings hundreds of thousands of people to Matthews NC every year. They come for the Matthews Alive Festival, the southeast's largest Labor Day festival. Stumptown Park in downtown Matthews NC is the center of activity for this festival, which spills over into S. Trade Street in front of the park and the nearby Matthews Community Center. The festival starts at 6:30pm on Friday September 4th this year with an "All You Can Ride" armband night, continues on Saturday morning with a Labor Day Parade at 10am plus musical entertainment and an arts and crafts show all day long. The food, rides, music and crafts continue all weekend until 5pm on Monday September 7th.

Here is a photo blog about last year's Matthews Alive Festival at Stumptown Park in Matthews NC.

Top Ten Things to Do in Matthews NC on Labor Day Weekend

Stumptown Park in Matthews NC Full of Community Activity All Year Long

While the Matthews Alive Festival brings the most people to the park, Stumptown Park is a genuine treasure for Matthews residents who attend community events there during the year. The park, enclosed on three sides with a decorative brick wall and wrought iron fencing, has a large open space for lawn seating, an attractive band shell, a small playground, and a Veterans Memorial tucked into one landscaped corner. It's located near the main intersection of downtown Matthews and is within walking distance of shops, restaurants, the farmers market and the library.

What are some of the events that Matthews residents could have attended in Stumptown Park over the past year?

  • In May, Stumptown Park was the scene of the first ever Matthews Beachfest with sand sculpture and shagging contests. Sand Sculpture in Matthews NC
  • Every Saturday evening from May through July, the park hosted either a PG film for families to attend or a music concert. The park was filled in mid-June for a performance of the Charlotte Symphony.

  • A chili cook-off and blue grass festival at the park were part of the Veterans Day celebration last November.Veterans Day Chili Cook-off

Matthews residents are very fortunate to have Stumptown Park as a place for community celebrations and events.

Copyright 2009. Carol Fox. Allen Tate Realtors. *Stumptown Park is Matthews NC Community Hub*

Charlotte NC Short Sales--Get Help from the North Carolina Commissioner of Banks

Charlotte NC Short Sales--Get Help from the North Carolina Commissioner of Banks

Are you trying to buy or sell a short sale property in Charlotte NC? Are you waiting... and waiting... and waiting for the lender to approve your short sale? If so, you are experiencing one of the most frustrating aspects of the short sale process: long waits and lack of communication from mortgage lenders after a buyer and seller have agreed on a purchase contract. Man with Calendar If you are a short sale seller, your buyer may give up due to the long wait for an answer and you've lost the sale. If you are a buyer, you may lose your favorable loan interest rate or your short sale purchase may not be able to close in time to meet your moving timetable.

The Charlotte Regional Realtor Association recently released helpful information for buyers and sellers of Charlotte NC short sales. The North Carolina Commissioner of Banks (NCCOB) has an online-complaint form that may help frustrated buyers and sellers get a faster response from the banks. When a complaint is filed with the NCCOB, banks typically have three weeks to reply to the complaint. If "foreclosure" is checked under the "Complaint Type", the banks must respond within seven days. If your short sale or foreclosure situation is urgent, you can also call the NCCOB.

Learn more about Charlotte NC Short Sales

Copyright 2009. Carol Fox. Allen Tate Realtors. *Charlotte NC Short Sales--Get Help from the North Carolina Commissioner of Banks*

Charlotte NC First Time Home Buyers--Time is Running Out for the $8000 Tax Credit

Charlotte NC First Time Home Buyers--Time is Running Out for the $8000 Tax Credit

97 days, 10 hours, 41 minutes, and 5 seconds. That's how much time is left for Charlotte NC first time home buyers who want to take advantage of the $8000 tax credit. Home Sweet HomeIf you intend to participate in the program, you must close your new home by November 30th, 2009. You should be searching for a home now because once you get your chosen property under contract, it may take 45 days or longer to close the transaction.

I believe that the First Time Home Buyer Tax Credit program will create a frenzy over the next two months similar to the Cash for Clunkers program. I experienced this first hand this week when I listed a very nice home in Matthews NC at a price attractive to first time home buyers. Within the week, there were five showings of the property and four agents submitted offers. Each of the offers was made by a first time home buyer. Unfortunately, three of those buyers were disappointed not to get the property and will have to continue their search. If you are a Charlotte NC first time home buyer, find a great agent to help you find a home, get pre-qualified for a mortgage and begin your search as soon as possible.

Learn more about the $8000 First Time Home Buyers Tax Credit.

Charlotte NC Homes for Sale that are Perfect for First Time Home Buyers

Here are two homes that are priced perfectly for Charlotte NC first time home buyers.

8525 Amelia Drive

This east Charlotte home is priced at $133,900 and has four bedrooms, beautiful hardwood floors upstairs and downstairs plus a beautifully landscaped half acre lot. Update 11/09 8525 Amelia Drive is Sold.

6519 Mallard Park Drive

This home is located in the University area of Charlotte. With four bedrooms, it is a great value at $150,000.

Copyright 2009. Carol Fox Allen Tate Realtors. *Charlotte NC First Time Home Buyers--Time is Running Out for the $8000 Tax Credit*