Friday, April 9, 2010

Sardis Woods--Charlotte Neighborhood

Sardis Woods is one of vast neighborhoods in Charlotte, North Carolina. People who live in Charlotte often do not say they do live in the city. They tend to refer to the neighborhood or subdivision they live in.

Sardis Woods is one such community in Charlotte, NC. Tucked away on the southeast side of Charlotte, this area boasts homes built in the mid-1970s through the 1980s. A well-established family neighborhood now, Sardis Woods was developed when it was considered to be "out in the country" and far away from Charlotte, NC. But the times have caught up to this little pocket of the city.

Within the last few years, a new Wal-Mart and several other shopping centers have been within a few minutes drive from Sardis Woods. What was once rolling farmland, the Galleria shopping center which includes the Wal-Mart and many other retail shops, businesses, cafes, apartments and restaurants, Two grocery stores, Harris Teeter and Food Lion, are right around the corner from Sardis Woods along with a movie theater, a swim academy, yoga studio and indoor climbing facility.

With shopping, entertainment, activities, and a electic and ethnic eateries close by - from a raw bar and sushi to burger joints and coffee cafes, there's no need to and with there has been a Walmart constructed on an old farm. A new shopping center has been travel uptown for a night out.

If you did want to take that trip uptown, Sardis Woods is only a 15 to 20 minute drive and very close to Highway 74 and 51. Or if the South Park section of Charlotte if more your style with its South Park Mall and it upscale shopping experience, then Sardis Woods puts you only minutes from the only Nieman Marcus in North Carolina.

If you are looking for tree-lined streets and the kids playing outside, then Sardis Woods might be the neighborhood for you. Sardis Woods is a pre-dominately middle class family neighborhood with homes starting in the $150's. Sardis Forest Swim and Tennis Club is also close to the neighborhood and memebrship is open to homeowners to join. If you are interested in seeing Sardis Woods for yourself, come see why more than 20 families last year made Sardis Woods their neighborhood. Email or give me a call and I will be happy to show you.

Dave diCecco

Realtor/Broker

www.davedicecco.com

Thursday, April 8, 2010

Matthews North Carolina--More than A Suburb of Charlotte

Matthews, NC is more than an suburb of Charlotte. It's a commuter's dream town: close to uptown, right off I-485 and not far from rural North Carolina.

But if a place to call your new hometown is what you're looking for, than Matthews, NC is it. This town of approximately 28,000 people has an adorable downtown with a town hall that is all Southern charm with a public library on its first floor with shops, restaurants and small businesses surrounding it.

The downtown of Matthews, NC has several churches, boutiques, upscale restaurants, a weekly farmer's market, cute parks and Matthews Elementary School all within walking distance of the town hall.

And family-friendly is the name of the game in Matthews, NC. If you have children, then this town is the place to be if you want to live near Charlotte, NC but not in it. Stumptown Park right in the heart of Matthews, NC is ground zero for live family-friendly entertainment that is often free. Starting right before school ends in June and throughout the summer, bands play at this Matthews, NC park along with free kid-orientated movies.

Matthews, NC also has its own town-owned community center that hosts plays and offers classes in many areas of interest for both adults and children. Sports activities are also huge in Matthews, NC, which has a recreation center and Matthews Athletic RecreationAssociation (MARA) not far from downtown. There are many events throughout the year in Matthews, NC - from art shows to BBQ festival - but the biggest event of the year is Matthews Alive, the largest Labor Day celebration in the southeast United States.

With home prices starting around $130,000, March saw 39 new families make Matthews, NC their new hometown. If you are interested in more information about Matthews, NC with the homes that are on the market, give me a call or send me an email. I would happy to show you why I call Matthews, NC home.

Dave diCecco

Realotr/Broker

www.davedicecco.com

Wednesday, April 7, 2010

Charlotte North Carolina Market Starting to Stabilize

Charlotte, North Carolina was one of the last areas of the country to feel the housing collapse. Mainly becaue home prices did not skyrocket as quickly here as they did in other parts of the country. When other parts of the country were reporting double digit price increases each and every year during the boom; Charlotte was holding rather steady with inflation at a conservative increases. This made Charlotte one of the few areas of the country that economists agreed would probably rebound the quickest.

I was reading an article that was talking about existing home prices. The article was very informative and was talking about the statistics of sellers lowering their home prices in terms of a percentage of sellers who actually reduced the price of their home on the market. Back in the collapse of the market over 30% of the sellers were discounting their price. Now across the board the average for the period of March 1, 2010 to April 1, 2010 saw less sellers discounting prices. The number has dropped to a national average of 19%. Meaning a little less than 2 out of every ten sellers are lowering their asking price. That is a good sign that the housing market on a antional basis seems to be stabilizing itself.

The great news for Charlotte North Carolina area among major cities; we have the HIGHEST drop of all cities in regards to sellers lowering their home prices. Charlotte North Carolina saw a decline of an astounding 28% of sellers lower their home prices between March 1, 2010 and April 1, 2010. This lays claim to the fact that sellers and buyers seem to be more in agreement on what fair market value of homes in Charlotte are.

Even as we get closer to the end of the tax credit projections seem to be showing that sellers and buyers are agreeing more on what fair market value for a home should be. As the article and the study pointed out; with the tax credit due to end by the end of this month sellers are not panicking and buyers seem to be agreeing that home prices are fair.

Now to be fair this study does NOT include foreclosures in their numbers. These numbers represent actual home owners who have their homes actively listed on the market.

So, if you are a seller you should feel relieved that the market seems to be stabilizing itself. Buyers who are waiting to see if prices are going to dramatically fall before the deadline of April 30, 2010 may see themselves lose out on the house they want......

Dave diCecco

Realtor/Broker

www.davedicecco.com