Monthly Archives: April 2010

Is “The Point” leading Lake Norman’s Real Estate Recovery?

   The Point  in Mooresville NC is arguably the most prestigious luxury community in all of Lake Norman and it is also the largest with 18 miles of beautiful Lake Norman’s shoreline.  Those of you who are regular readers will know that I like to monitor the sales trends at The Point to glean more insight into our Lake [...]

Posted in Lake Norman Real Estate, Market Reports, Mooresville Real Estate, Real Estate News | Tagged , , | 1 Comment

Lake Norman’s Brawley School Rd Widening: Be Careful What You Wish For!

    All winter long those of us who live down Brawley School Rd. on Lake Norman’s largest peninsula were wondering why construction of the widening project had ground to a screeching halt. So much so that I actually wrote to the NCDOT to get an update and shared his response on this blog: Brawley School Road Widening Update March [...]

Posted in Growth and Development, Lake Norman News, Lake Norman Real Estate, Life in Mooresville, Traffic and Transportation | Tagged , , | 1 Comment

Lake Norman Real Estate’s April 2010 Hot Sheet!

  As expected based upon last month’s jump in “pending” home sales in our Lake Norman area,  our closed sales show signs of improvement both when compared to last month and the same period in April 2009.  Lake Norman Real Estate’s Two-Week Hot Sheet 4/6/2010 – 4/20/2010    The above chart is a summary of [...]

Posted in Market Reports, Mooresville Real Estate | Tagged , , | 2 Comments

Lake Norman Real Estate: Real Life Experiences with Short-Sales Part 2

  “DECLINED”.  After 6 grueling months of waiting, Bank of America just simply declined my buyers’ shortsale offer.  No counter offer, no explanation.  This is the first distressed sale of any kind that I have not closed and I must admit, I was blind-sided by the news.  While Bank of America is notorious for their [...]

Posted in For Buyers, For Sellers, Lake Norman Real Estate, Mooresville Real Estate, My Real Estate Experiences | Tagged , , | Leave a comment

Lake Norman Real Estate’s March 2010 Sales Analysis

Lake Norman’s March 2010 Single Family Housing Statistics     Our March Lake Norman real estate numbers for single family homes are a definite  improvement over last month’s rather dismal numbers and those of  the same time a year ago (March 2009) as well. However, before we jump up and down declaring the worst is over, we [...]

Posted in For Buyers, For Sellers, Lake Norman Real Estate, Market Reports, Mooresville Real Estate, Real Estate News | Tagged , , | Leave a comment