Housing Market In Charlotte, NC. Continues To Show Signs Of Improvement

The housing market in Charlotte, NC. continues to show signs that it is coming out of one of the worst housing recessions in our memory. All the signs are pointing to the fact we are on the upswing and consumer confidence is rising on selling and buying homes. The facts are showing this trend to be accurate as well. In February 2013 the city of Charlotte, NC. had 730 closed sales versus 573 in February 2012. That accounted for an increase 27.4% in homes that actually closed in the month of February form the previous year. Being we are in the south the weather does not really factor in for us as it would for home sellers and buyers in areas of the country prone to snow. Another interesting fact that shows evidence that the housing market is in the upswing is pending sales. These are homes that are under contract but have not yet closed because of loans and other factors; but are scheduled to close. The number for February 2013 was 1,149 homes under contract. In February 2012 that number was 709. That is an astonishing increase of 62.1% from last year at the same time. Couple that with the fact that home inventory in the city of Charlotte, NC. is down to 3.1 months at the end of February 2013 versus 7.7 months the same time last year and there is a lot of reason why sellers are starting to put homes back on the market and buyers are not hesitating to purchase homes now. However; like all things it always comes down to price and market. You still have to price your home to sell based on current market conditions and not over price your home. Buyers are buying homes but they are not overpaying for homes based on market conditions..... Dave diCecco Realtor/Broker Coldwell Banker United www.davedicecco.com

Charlotte, NC. 4th Most Family Friendly City

I came across an article the other day that intrigued me and kept me reading on. As I read on it began to list attributes in the 50 largest cities and which cities were considered the most family friendly cities. Charlotte, NC. was fourth among the list of the family friendly cities. Moving here from the Northeast eight years ago I understood why...but now the rest of the United States is starting to realize this as well. To ensure that before I wrote this blog post the criteria was not biased in anyway i looked to see what criteria they used in the calculations. They took the largest 50 cities in terms of population and used factors such as marital status, age, housing prices, median income, crime rates, education levels, and available education and the availability of parks, museums and places of worship. As I scrolled through the list of criteria and being a father of four children from high School to elementary school, I realized these were factors in where we lived as well and helped us decide on moving to the Charlotte, NC region from Connecticut. Charlotte offers a very attractive average home price that allows most of the working people in Charlotte area to be able to afford to own a home. Being the second largest banking center behind New York City and home to the largest electric company has not hurt the income or job growth in the Charlotte area and opened up various avenues for people with numerous universities and private colleges around as well. I know from personal experience education was a major factor in my location when I moved. I wanted to ensure that my children had the opportunity to make a good life for themselves and afford them the opportunities to achieve their goals. Charlotte, NC. takes a hard knock on public education. But as a father and Realtor in the market that has the largest school system in the state; they do an exceptional job educating the young minds of today. The last criteria was parks, museums and places of worship. charlotte is not short on parks and natural greenways...In fact there is not an area or a neighborhood section you can go to that does not offer some type of park like settings or play area for children of all ages. In uptown Charlotte there are various types of museums available and for all different types of tastes of people as well. Also living in Charlotte there is nothing short of an abundance of places of worship regardless of denomination in the charlotte area.... it may have taken some think tanks a little longer but Charlotte, NC. being ranked 4th out of 50 large cities for family friendliness did not surprise me. What did was we were not ranked higher.... Dave diCecco Realtor/Broker Coldwell Banker United www.davedicecco.com

New Listing: 11534 Water Flower Lane Charlotte, NC. 28262

Looking for a great family home in an established neighborhood? Look no further...This 3 bedroom and 2.5 bathrooms home at 11534 Water Flower lane in Charlotte, NC. Located in the university area and part of Houston Farms Subdivision is the home. Priced to sell at only $129,900 this home situated on a cul de sac lot features many updates from the sellers and the pride of ownership shows throughout the whole house. As you pull up the dead end road to the end of the cul de sac you notice the quiet peaceful tranquility this home gives you by being tucked away in the back part of the neighborhood. A rocking chair front porch welcomes you to this southern charm. Upon entering the house you are immediately greeted by the beautiful newer laminate flooring throughout the living room and dining area of the downstairs....The professional workmanship and care done to the floors shows. The living room is a long rectangular room situated across the whole left side of the house....This room is large enough to handle most homes furnishings and not feel tight or cramped. The wood burning fireplace is a great place to spend cool winter evenings together as a family.... Across from the living room is the large dining room that has enough space to comfortably sit eight people. And it gives easy access to the updated and modern kitchen. The kitchen is the crown jewel of the downstairs. From the Italian tile floors to the customized design incorporated into the flooring to the oversized walk in pantry there is not much to not like about the kitchen. Butcher block countertops adorn the new and improved kitchen and new cabinets from IKEA add some nice fresh look to the room. In addition to the stainless steel appliances that all convey with the house as well. But off the kitchen is a nice eat in breakfast area as well overlooking the massive tree lined fenced back yard.... Go upstairs and you have a large master bedroom that greets you to the left with a cathedral ceiling in it and his and her closets. The open and expansive space in the master bedroom allows for much different uses as well.... the master bath features a garden soaking tub as well. The two spare bedrooms upstairs are both very good sized as well and offer plenty of space for the children or guests staying over..... The seller greatest pride in this home though comes from the deck. This is a 30x30 two tiered deck on the rear of the house. It is massive and the best place for entertaining guests or family gets together. The deck also features a hot tub which will convey with the house as well. Outside of the great features the house has; the sellers replaced the roof on the house three years ago, brand new heating and A/C system two years ago and last year a brand new water heater was installed. So, they have maintained the house and unfortunately have outgrown it... Come see why they chose the University area of charlotte to live and why so many families love living in that area as well.... Dave diCecco Realtor/Broker Coldwell Banker United www.davedicecco.com