Friday, December 30, 2011
Tuesday, November 22, 2011
109 Lynnfield Court SOLD in The Point Lake and Golf Club
This Kingswood home built in 2004 with great curb appeal closed yesterday for $938,000. The home has 4854 square feet, so it's price per square is $193. The home is located near the par 3 15th green of The Point Lake and Golf Club. The last sale of this home was in June 2007 at $1,375.000 so yesterdays sale price represents a home value decline of 31%, whereas the Charlotte Case Shiller index over a comparable time frame only had fallen by 17%.
The Point Lake and Golf Club - Would you Sell???
Would you sell your Point home if a buyer knocked on your door? I have buyers but not the right houses. If you would consider selling your home then get in touch with me. It will be our secret, I need some more pocket listings in The Point and just might have the perfect buyer for you.
annielivingston@kw.com
704-996-4187
annielivingston@kw.com
704-996-4187
Friday, November 4, 2011
Chateau Lyon on Lake Norman for sale
http://www.chateaulyon.isnow4sale.com/ listed by Lake Norman Realty
Six years and 22 million to build can now be yours. In the prestigious gated Alexander Island, Mooresville on Lake Norman. Listed at $8 million. click here for the observer article on the property
Six years and 22 million to build can now be yours. In the prestigious gated Alexander Island, Mooresville on Lake Norman. Listed at $8 million. click here for the observer article on the property
Wednesday, November 2, 2011
Mooresville schools - 2nd highest graduation rates in North Carolina.
Great news for Mooresville schools and their laptop initiative achieving a 91.5% graduation rate. Click here for the full article from the Charlotte Observer.
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.
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.
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?
http://www.census.gov/const/newressales.pdf?
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.
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.
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
read the Charlotte Observer article
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
click to read Mooresville Tribune article
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 .....
Monday, October 3, 2011
Lake Norman Live Web Cam
Friday, September 30, 2011
Lake Norman's most exclusive homes
There are currently 15 homes for sale on Lake Norman priced over $2.5 million. Click here to see these exclusive estates.
ForSalebyOwner.com founder gives up on own listing, hires real estate broker
oh the irony....
Founder and former CEO of ForSalebyOwner.com, Colby Sambrotto listed his 2,000 square foot New York condominium on his own through online classified ads and FSBO sites, but after six months, he opted to hire New York broker Jesse Buckler who immediately advised a price change as the listing was not attracting the right buyer.
After giving up on the DIY route, Sambrotto’s decision to hire a broker led to attracting multiple offers, closing for $150,000 over the original asking price. The Wall Street Journal reports the listing sold for $2.15 million including a 6% commission. READ MORE
Founder and former CEO of ForSalebyOwner.com, Colby Sambrotto listed his 2,000 square foot New York condominium on his own through online classified ads and FSBO sites, but after six months, he opted to hire New York broker Jesse Buckler who immediately advised a price change as the listing was not attracting the right buyer.
After giving up on the DIY route, Sambrotto’s decision to hire a broker led to attracting multiple offers, closing for $150,000 over the original asking price. The Wall Street Journal reports the listing sold for $2.15 million including a 6% commission. READ MORE
Tuesday, September 27, 2011
Friday, September 16, 2011
Mazeppa Road Park Mooresville Baseball and Soccer Fields
address is:
645 Mazeppa Road
Mooresville, NC 28115
click for google map of Mazeppa Park- interested in Mooresville Real Estate use this website and use me as your realtor. We find the best deals for our clients.
645 Mazeppa Road
Mooresville, NC 28115
click for google map of Mazeppa Park- interested in Mooresville Real Estate use this website and use me as your realtor. We find the best deals for our clients.
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| Mazeppa Road Park |
Thursday, September 8, 2011
Cash Buyers at The Point
A quick note as I'm doing some research for a buyer who's about to make an offer. Of the 12 homes that have sold at The Point in 2011, 4 have been cash sales or 1/3 of sales. Pretty reflective percentage of the market at-large. Rates are at all time lows and more people than ever are paying cash for house, opting for no mortgage. I think that reflects a psyche change in America and is part of big trend to return to normalcy vs the cash out refinance and using home equity lines of credit to fund lifestyles. I talk to alot of cash buyers as well as alot of rightsizers, not upsizers.
More Home Builders Struggle to Stay Afloat
Daily Real Estate News
Wednesday, September 07, 2011
Sales of new homes this year are on pace to reach the lowest level on record. After peaking in 2005 at 1.3 million units, the annual rate was 298,000 units in July. New home builders are struggling to compete against existing homes and foreclosures that are selling for big discounts — a struggle that is now going on nearly five years in some markets. Some builders are keeping business afloat by pulling back on land purchases to conserve money as well as drastically reducing their staff.
Other builders — such as Toll Brothers, known as a major builder of "McMansions" — are looking to new ventures, like expanding into urban areas by building condos, a stronger area of growth nowadays. And some builders are offering more of a diverse mix of homes to try to appeal to the largest pool of buyers.
"The market is not deep enough or big enough to support all the builders," Alex Barron, an analyst with the Housing Research Center, told The Wall Street Journal. "There needs to be some consolidation. I don't think that means [mergers or acquisitions]. I just think that means there has to be a shakeout."
Source: “Some Home Builders Run Out of Lifelines,” The Wall Street Journal (Aug. 31, 2011)
Wednesday, September 07, 2011
Sales of new homes this year are on pace to reach the lowest level on record. After peaking in 2005 at 1.3 million units, the annual rate was 298,000 units in July. New home builders are struggling to compete against existing homes and foreclosures that are selling for big discounts — a struggle that is now going on nearly five years in some markets. Some builders are keeping business afloat by pulling back on land purchases to conserve money as well as drastically reducing their staff.
Other builders — such as Toll Brothers, known as a major builder of "McMansions" — are looking to new ventures, like expanding into urban areas by building condos, a stronger area of growth nowadays. And some builders are offering more of a diverse mix of homes to try to appeal to the largest pool of buyers.
"The market is not deep enough or big enough to support all the builders," Alex Barron, an analyst with the Housing Research Center, told The Wall Street Journal. "There needs to be some consolidation. I don't think that means [mergers or acquisitions]. I just think that means there has to be a shakeout."
Source: “Some Home Builders Run Out of Lifelines,” The Wall Street Journal (Aug. 31, 2011)
Coming loan changes could squeeze high-priced home markets
Time is short for some buyers and owners of more expensive homes to get the best terms on mortgage loans.
Starting Oct. 1, Fannie Mae and Freddie Mac will cut the size of loans they buy from lenders. That will force many future borrowers into more expensive and harder-to-get jumbo loans.
The Freddie and Fannie limits, which are generally $417,000 for single-family homes nationwide, were raised in 2008 in some high-cost housing markets to stimulate the economy. In many areas, the limits rose to $729,750 and next month they'll fall to $625,500. Limits will drop more sharply in some areas and less in others.
Major lenders, including Bank of America, Wells Fargo and JPMorgan Chase, have stopped taking new applications for affected loans so that those in process close by the deadline.
continue reading article at USA TODAY
Starting Oct. 1, Fannie Mae and Freddie Mac will cut the size of loans they buy from lenders. That will force many future borrowers into more expensive and harder-to-get jumbo loans.
The Freddie and Fannie limits, which are generally $417,000 for single-family homes nationwide, were raised in 2008 in some high-cost housing markets to stimulate the economy. In many areas, the limits rose to $729,750 and next month they'll fall to $625,500. Limits will drop more sharply in some areas and less in others.
Major lenders, including Bank of America, Wells Fargo and JPMorgan Chase, have stopped taking new applications for affected loans so that those in process close by the deadline.
continue reading article at USA TODAY
Friday, September 2, 2011
Mazeppa Road Park Mooresville
Great new park with baseball/softball and soccer fields in Mooresville grand opening this weekend.
Mooresville Recreation Department is hosting a Grand Opening Celebration for Mazeppa Road Park, 645 Mazeppa Road, on Saturday, September 3 from 10 a.m. – 1 p.m. Activities include a softball tournament, soccer clinics, fitness demonstrations and more. A ribbon cutting ceremony will occur at 10:30 a.m. For more information, call 704-663-7026.
click here for the park layout
Mooresville Recreation Department is hosting a Grand Opening Celebration for Mazeppa Road Park, 645 Mazeppa Road, on Saturday, September 3 from 10 a.m. – 1 p.m. Activities include a softball tournament, soccer clinics, fitness demonstrations and more. A ribbon cutting ceremony will occur at 10:30 a.m. For more information, call 704-663-7026.
click here for the park layout
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