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Lake Norman Real Estate’s January 2011 Wallpaper Calendar is Here!

New Beginnings Lake Norman Real Estate Calendar January 2010

 

I wanted to take this opportunity to express my gratitude to all of you who read this blog…from past and future clients to those just interested in learning more about the Lake Norman real estate market…for making 2010 one of the very best years of my now almost 20 years in real estate.  I couldn’t have done it without all of your support.  Thank you so very much!

My New Year’s resolution is to help make your 2011 the best possible.   Here is a toast to new beginnings and the infinite opportunities that await us all!

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Lake Norman News, Events and Celebrations

Lake Norman Real Estate: New Year’s Celebrations 2011

 Here is to new beginnings…2011 in and around Lake Norman!

Lake Norman New Years

 

Unlike my home town of Pasadena CA with the annual Rose Parade/Rose Bowl, Lake Norman and the greater Charlotte area don’t have one major New Years’ celebration.  Our public celebrations are, for the most part, found at local restaurants and entertainment venues spread throughout Lake Norman and Charlotte.  From 5-course dinners to rockin’ oldies bands, there truly is something for everyone.

The best sources for New Years Eve events in our Lake Norman area are LKNFun.com  and 704 Events.com which are websites devoted to entertainment and dining information in the greater Lake Norman area.

The best way to find out what is happening in Charlotte is to pick up a free copy of Creative Loafing or go to their new website clclt.com or go directly to New Years Events. They even do hourly updates on their Food and Drink section.

Here are few highlights to wet your appetite:

 First Night Charlotte : Arts / Museums,Community,Festivals, Holidays, Just For Seniors, Kids, Live Music, Night Life, Teen
Date: December 31st and January 1st.

Queens Landing:  Joker’s New Year’s Eve Bash, New Years Cruise

Whether you enjoy a quiet celebration at home or party all night, I wish you all a  safe and Happy New Year.

Here’s to a happy, healthy and prosperous 2011!

Diane Aurit's Signature

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s December 2010 Hot Sheet

It looks like Lake Norman is finally showingsigns of our usual seasonal slowdown after a couple of relatively strong months.  As expected, our closed sales so far this month are better than late summer and even last month but as you can see below, our most recent activity reflects an easing of all categories:

Lake Norman Real Estate’s Two-Week Hot Sheet

12/07/2010 –12/21/2010

  The above chart is a summary of today’s “Hot Sheet” from the Charlotte Multiple Listing Service for single family homes in all of Lake Norman (area 13).  These numbers represent a real time snapshot of the past two week’s activity.  (Dec. 7 – Dec. 21st).  As always, I have included the past 5 months so that you can put these numbers in perspective.

Highlights: Continue reading

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lake norman real estate

Lake Norman Real Estate: Are We Getting the Year-End Bump?

 

There are some fascinating numbers and micro trends going on right now in our Lake Norman real estate market.

As was the case last December,  the current MLS data suggests we are in for a pretty good month. But, let’s take a closer look:

  • Many banks want their shortsales and foreclosures off their books by the end of the year.  I have a waterfront shortsale listing where we have had a low-ball offer sitting on the table for quite a while until suddenly two days ago the bank said to take it if they will close by December 31st.
  • We have closed 38 sales already this month and have 83 Pending sales which may lead to even higher sales than last December’s 70 and definitely much stronger than December 2008’s 58 and December 2007’s 64.
  • I just took a look at the list of our Pending sales and was surprised to see how many of the waterfront properties that have been sitting for several years are now under contract!  We are definitely clearing out our inventory of waterfront homes and few new ones are coming on to take their places.
  • There are currently 32 Crescent Community homes under contract the most impressive being 12 in The Point!  8 of these 12 are $800,000 – $1673,000.

I have been telling my waterfront buyers that this winter is the time to seriously consider getting off the fence and I feel this more strongly today than ever.  Interest rates are creeping up, our overall Lake Norman inventory of active homes for sale is down to a low of 1114 and is still falling, and many of the homes that have been sitting on the market for years are now selling.

My concern is that even if our market continues to struggle through 2011 and into 2012 that there simply won’t be many “bargain” waterfront homes with good water left to choose from.  Even now there are slim pickings in some price ranges compared to last year at this time.  My gut is saying: Carpe Diem!

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s November 2010 Sales Analysis

Despite a pretty rough month of economic news, here in Lake Norman we actually had some news to be thankful for in November!

As I anticipated last month based upon the higher numbers for Conditional and Pending home sales in our Lake Norman area, we posted some relatively strong numbers in November when compared to last year and even the year prior to that:

The total number of Lake Norman single family homes under contract (but not yet closed) on November 30, 2010 totaled 169 which is a drop of 13% from last month’s high but still 8% higher when compared to August’s and July’s numbers of  157, equal to June’s 169  and 15% below May’s closings.

Here are the details: Continue reading

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Lake Norman News, Events and Celebrations

“Christmas in Davidson” is December 2-4th 2010!

 

Horse Drawn Carriage at Christmas in Davidson

 Yikes, I nearly missed “Christmas in Davidson”!  This is truly one of the very best events in our Lake Norman area celebrating the holidays.  It actually started last evening but runs through Saturday evening so you still have time.  Held from 6pm – 9pm, this very local, old-fashioned celebration is great fun for the whole family.  Here is a list of just some of what you will experience:

  • Main Street will be filled with the sounds of carolers and other live music
  • Carriage rides
  • Santa Claus will visit with children each night at the library
  • “Taste of South Main Street” will feature treats from Restaurant X, Campania, and Fuel Pizza
  • The Doggie Fashion show is back, tonight, Friday, on South Main St
  • A large tent on the Village Green will offer lots of artists and venders selling holiday crafts and gifts
  • Local merchants are offering their own special events as well

Trollys will shuttle visitors from the Exit 30 parking area to Downtown Davidson.

For more information:  Christmas in Davidson

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