Boston Traffic

I recall the days my 16 mile commute to downtown Boston could take up to 2 hours and I would sit on the tobin bridge for 45 minutes or longer. I think Brawley School road is alot easier than that, how about NYC area traffic or LA traffic, Brawley is nothing. I guess with life here so great there's nothing else to complain about.

Brawley School Road traffic

leaving The Point at 6:30am this morning got you to Woodland heights traffic light in about 5 minutes.

Heathland under contract mooresville

This estate home in the Point offered at $3,399,000 went under conditional contract today. The home sits on one of the nicest lots in the Point with a western view and of Little Mountain. JP had acquired this land in a private sale for more than 1 million and built a beauty.

Pine Mist Mooresville

Check out this home I have listed off Isle of Pines for only 409,900

Beautiful Full Brick Home w/ 3 Car Garage; meticulously maintained and decorated,neutral colors throughout; Master down-custom tile work; beautiful office w/ Cathedral ceiling, Gorgeous kitchen w/ upgrade SS appliances, tons of cabinets, keeping room,breakfast area,large bedrooms and bonus up. Prewired for security and surround sound.You will not be disappointed in this incredibly maintained home and priced at only about $122 per sq foot.
 
call me if you want to schedule a showing. http://www.annielivingston.net/

tough commute this morning

probably in my 6 years today may have been the worst. Let's hope they sync that new light at Mallard Head better. If you have to leave between 7-8am plan on atleast an hour. The good news is they are only about a year from completion and we've been complaining about this for the 6 years I've been here!! Car pool to the schools if you can or put the kids on the bus till this gets sorted out.

10 Easy Ways to Boost Property Value

Here's a link to some good ideas to help you get your house sold:  click here
they include:

1. Paint the exterior
2. Complete all needed repairs
3. Purchase a home warranty
4. Furnish the home to sell
5. Upgrade front yard landscaping
6. Create a quick kitchen makeover
7. Think spa, not bathroom
8. Install soft and hard window treatments
9. Replace carpet rather than just cleaning
10. Don’t overlook your closets

119 E Cold Hollow Farms DR Mooresville

This home sold last week, located in the Farms, the selling price was $520,000 and sold at $136 per sq ft and was on the market since last June and 1st listed at $629,000.

from the Charlotte Observer

Stretch of Iredell road to close for six months


By Joe Marusak
jmarusak@charlotteobserver.com
Posted: Friday, Apr. 16, 2010
MOORESVILLE


The state will close Canvasback Road between Brawley School and Webbed Foot roads at 7 a.m. Saturday as part of the Brawley School Road widening project. The Canvasback stretch will remain closed until about Sept. 30. Motorists needing to access Canvasback should take Webbed Foot Road to Mallard Way and then back onto Canvasback, which will be open to local traffic. A temporary traffic signal has been installed at Mallard Way and Brawley School Road to help direct motorists around the closure. The closure is necessary to tie Canvasback and Brawley School roads into the new grade elevation as part of the widening of traffic-clogged Brawley School Road to four lanes.


Read more: http://www.charlotteobserver.com/2010/04/16/1380141/stretch-of-iredell-road-to-close.html#ixzz0lGLOU0jO

118 Chesterwood

This went pending yesterday, another builder foreclosure on the 17th fairway. Originally listed at $1,160,000 it's latest listing was a more reasonable 799,000. This was another house like Kent Ct built in 2007 that's been sitting for 3 years. When houses are priced right they sell, this shouldn't surprise anyone!! one tip on this one and the importance of local knowledge, watch out for the occasional pull-hook.

110 Kent Court....finally

This home originally priced above the market at $1,899,000 and on the water with a great view of hole 16 at the Point lake and golf club sold in foreclosure for $1,200,000 on April 15th. This was a new home and listed as having 5300 sq feet so it sold for $226 per sq ft., it has an unfinished basement, a big drawback for alot of buyers on this one was Duke won't allow a boatslip.

The Point foreclosure home sold in 7 days

This Dienst built home on the golf course at The Point in Mooresville has sold for the 4th time. Prior sales were:

Nov 2001=$630,000

Dec 2003 = $655,000

Sept 2006 = $755,000

April 2010 = $560,000

This house was listed for $566,800 ands went pending in 7 days! It's tax value is $758,060. This home if not "fire-saled" by BofA probably would sell closer to it's Dec 2003 price if not a little higher which would be reflective of the Case-Schiller index numbers for Charlotte.

There are still some "deal" houses out there and there are more to come on the market that are currently bank owned but not listed, some of these properties you need to move fast as alot of us agents have clients waiting and ready to buy. You need to have an agent that truly has local knowledge and understands values in this market such as myself. Call or email me if you have questions.

Recent sales in The Point

Brawley School road traffic?

What's up with Brawley traffic every year after school break, the traffic has increased dramatically for the last 3 years but it starts after spring break. Why?

You need to leave 15 minutes earlier than 2 weeks ago and this if the trend remains the same as the last 2 years it  will be like this until the end of the school year.

The commuters complain about the moms who drive their kids to school and the moms complain about the people who live down Brawley that need to commute in peak morning times? This should all be settled when the new road is done, which is coming along very nicely.

Charlotte Observer read on new rules of Lending

http://www.charlotteobserver.com/2010/04/11/1368395/lenders-set-new-rules.html

Interesting Housing Reads

Edward Glaeser: Why Your House’s Value (Probably) Won’t Rise (Economix) from NY Times

Fannie Mae National Housing Survey (Fannie Mae PDF)

Ace Hardware on Brawley School Road

Another convenience for those who live down Brawley School Road, Ace Hardware wil be opening a new store in The Bloom shopping area.

The Brawley school road widening project is really coming along nicely, for the lake norman real estate buyers looking at homes in The Point and the other communities take advantage of the deals that are out there cause they won't last forever. That home at 465k in The Point I wrote about recently went conditional shortly after I mentioned it. I've seen some amazing deals for buyers and then again I've also had some buyers that either get way too picky on "deal" homes as investors or try to lowball prices when they really are already there. I had an investor who lost a home that he tried to get for 35k less than the already low-low price in fact 300k less than it sold for 3 years ago, bank rejected it and it sold at very close to what the bank wanted so someone got a great deal and my investor got nothing cause he got a little too greedy. We know the deals in The Point when we see them and will help you with proper valuation.

For young boaters on Lake Norman

According to a new state law that goes into effect May 1, all boat operators 25 years old or younger on North Carolina waterways must pass a Wildlife Resources Commission boating safety class before heading onto the water. You can call the Mooresville Police Department for more information as they will be conducting a free class from 12:00pm - 6:00pm on May 8. Violators of this new bill will be issued a citation requiring a court appearance.

The Point Lake and Golf Club, The Harbour at the Point, The Farms sales stats

Here' a look at the big 3 communities down Brawley school Road with mean and median prices over the last 3 years. The Point Lake and Golf Club has the widest variances in prices therefore the median provides a bit more insight than the average which gets skewed.

Brawley School Road video

I was asked to do a video for a client coming down in a few months of what Brawley School Rd. is looking like so here's a 20 second look at it

Brawley School Road traffic redirected

For those readers that are not living here yet we are now driving on the new road for a little bit and gives me a real look and feel of what the 4 lane road will look like with an estimated completion date July 2011.