Thursday, October 27, 2011

Trumps would buy home in Charlotte if golf course deal goes through

My sources are saying Trump buying the club probably a pretty good bet.

From Mecklenburg Times
It’s part of a company practice, Eric Trump says

By Deon Roberts, editor

Published: August 5, 2011

Donald Trump, or at least someone in his family, could have a Queen City address in the near future.
But it’s contingent on the Trumps going through with a purchase of a Mooresville golf course, his son Eric told The Mecklenburg Times this week.The Mooresville deal is still very much up in the air, like a golf ball that’s soaring high above the course, with no one knowing yet where it will land. A year ago, the Trump organization said it was eyeing a purchase of The Point Lake and Golf Club, an 18-hole course next to Lake Norman. The club’s equity members own the club, but Crescent Communities, a division of Charlotte-based Crescent Resources, controls it. Eric Trump, 27, who oversees golf course purchases for the Trump organization, told The Meck Times on Tuesday that his company is still interested in buying The Point. He did not provide an estimate as to when the deal might wrap up. “It’s way too premature to even talk about closing or even finishing a transaction,” he said. But if the Trumps buy The Point, they’d like to buy a Charlotte-area home, “something nearby,” he said, so that they would have a place to stay when checking on the course. “Historically, we have always bought residential real estate around our properties for our own private use,” he said.

Deon Roberts can be reached at deon.roberts@mecktimes.com. Bookmark and Share

Wednesday, October 26, 2011

September 2011 New Home Sales

Data released today show new home sales increased 5.7% September vs a revised (-1%) August. Year over year new home sales were down .9% and median sales prices were down 10%, continuing the trend towards smaller more efficient homes.

http://www.census.gov/const/newressales.pdf? Bookmark and Share

Waterfront home for sale in The Harbour at The Pointe

click for virtual tour


Opportunity to own a waterfront home for under 1 million in an upscale neighborhood. If you are looking at homes in The Point around the million mark but not waterfront, do yourself a favor and check out this property in The Harbour in The Pointe. Over time homes depreciate, it's the land the homes sit on that appreciates. Get on the water while you can for only $969,000 at 152 Sunrise Circle. Bookmark and Share

Tuesday, October 25, 2011

Lake Norman High School soccer

Lke Norman High boys soccer, ranked 5th in the state lost yesterday to Hough 2-1.

read the Charlotte Observer article Bookmark and Share

Relief in sight for Curtis Pond roadwork

Residents of one of Mooresville’s largest subdivisions -- Curtis Pond -- will finally see construction of unfinished streets and sidewalks after two years of waiting.


click to read Mooresville Tribune article Bookmark and Share

Home Prices in U.S. Cities Fall More-Than-Forecast 3.8%, Case-Shiller Says

Forecast was for a down 3.5% year over year. Nationwide housing prices are down 31% from the 2006 peak. Click to view the Bloomberg article ..... Bookmark and Share

Monday, October 3, 2011

Lake Norman Live Web Cam

This is a nice live view webcam of Lake Norman from Queens Landing in Mooresville NC. Lady of the Lake and the Catawba Queen are the boats in view, which are great for sightseeing or an evening dinner cruise. Queens Landing has quite a bit to offer including a restaurant and bar, indoors and outdoors.  Also you can rent a boat or jet-skis here and they also have a miniature golf course. Be sure to visit when you are looking at Lake Norman for your next home. Bookmark and Share