Lake Norman News, Events and Celebrations

Lake Norman Area New Year’s Eve Celebrations 2015: More and Better Than Ever!

Happy New Year From Lake Norman Real Estate!

Attention! For New Year’s Eve 2016 and New Year’s Day 2017 please click here:  Lake Norman New Year’s Eve Celebrations 2016/2017

 

Lake Norman and the greater Charlotte area don’t have just one major New Years’ celebration or event, instead we have myriad ways to celebrate on New Year’s Eve 2014 and New Year’s Day 2015. Our public celebrations are, for the most part, found at local restaurants and entertainment venues spread throughout Lake Norman and Charlotte. From cruises on our beautiful Lake Norman to elegant 5-course dinners to rockin’ oldies bands, there truly is something for everyone.

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s December 2014 Hot Sheet is Here!

Lake Norman real estate Hot Sheet report

Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where we are at this very moment…an almost live insight into the heartbeat of the Lake Norman housing market.

Wow, it is hard to believe that 2014 is almost over!   While we had a significant slowdown of home sales last month compared to prior months in 2014, our December real estate market looks to be ending our year on a high note. We currently have 174 single family homes under contract (sellers have accepted an offer but the sale is not complete) in all of Lake Norman compared to last month’s 208, October’s 262 and September’s 282.  Yes, we have hit our typical seasonal slow down. Here are our 2-week Hot Sheet numbers: Continue reading

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Relocating? Life in Lake Norman

Lake Norman’s Elephant in the Room; The “T” Word!

Elephant in the Room

Let’s face it, Lake Norman’s popularity and growth is a double-edged sword. On the one hand we celebrate the opening of our Whole Foods, Publix, myriad micro-breweries and restaurants, hotels, sports facilities, big box stores and so many businesses that are moving in to our greater Lake Norman Charlotte area.  At the same time, you can’t avoid the one big issue that comes hand-in-hand with these perks: TRAFFIC.   Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s November 2014 Sales Analysis: Seasonal Slowdown?

After a great ride, November applied the brakes on our Lake Norman real estate market. While we exceeded our closed sales for November 2013 we only had the third best November since 2005 after logging record sales monthly since June.  Let’s take a closer look:

Lake Norman Market Report November 2014

Lake Norman home sales analysis for November 2014

* All data is from the Charlotte Regional Multiple Listing Service. Continue reading

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lake norman real estate

How to Relocate to Lake Norman NC

Welcome to Lake Norman North Carolina!

Last week I drove to an unfamiliar small town east of Charlotte so that I could check out a new housing development for my buyers.  After I met with the builder and toured the subdivision I started to drive around to get a sense of what the area was like,  the proximity and type of shopping, restaurants and schools so that I could better compare it to a community by the same builder in Lake Norman that I know very well.  The sales rep was great about pointing out actual stores and restaurants on their map but I realized when I started to drive around that I really needed a tour from someone who knows the community! I wanted/needed the same kind of help/orientation I give to my clients during their first visits to Lake Norman. I know this sounds egotistical but seriously, I needed a Harrisburg version of me!

So what do I do that I needed so much? My Lake Norman orientation process has evolved and is unique for each client but the goals are still same: Help my relocating buyers to understand as much as they can about the nuances and personalities of the Lake Norman towns and neighborhoods and the home buying process in NC so that they can make informed decisions and find the best home/location to suit their specific goals and lifestyles. Here is a general outline of my orientation process: Continue reading

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Happy Holidays from Lake Norman Real Estate

Download this month’s Lake Norman calendar here

I wish all of you, my past, present and future clients and readers, a truly wonderful holiday season.  I am deeply grateful for your support and interest in all things related to Lake Norman and Lake Norman real estate!

I hope your holidays are filled with joy and happiness, love and good health!

Diane Holiday Signature

 

 

To make your desktop calendar just click on the link above and then right click and select “set as background”.

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Lake Norman photos

Lake Norman Real Estate’s December 2014 Calendar is Here!

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s November 2014 Hot Sheet: Where are we headed?

Lake Norman real estate Hot Sheet report

Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where we are at this very moment…an almost live insight into the heartbeat of the Lake Norman housing market.

After an incredible string of months of very strong home sales in Lake Norman, November’s early numbers indicate we are finally experiencing the typical seasonal holiday slowdown. That said, we are still logging sales at a higher rate than prior Novembers. We currently have 208 single family homes under contract (sellers have accepted an offer but the sale is not complete) in all of Lake Norman compared to last month’s 262 and Septembers 282.  Here are our 2-week Hot Sheet numbers:

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate Trends in Our Crescent Communities Say a LOT!

Entrance to The Point Luxury Waterfront Community on Lake Norman
For years, one of the best ways I have found to track Lake Norman’s real estate trends is to compare the largest of the waterfront Crescent Communities that were developed on all sides and corners of Lake Norman.  While our market has evolved, comparing home sales activity in The Point, The Harbour at The Pointe and The Farms in Mooresville, The Peninsula in Cornelius, Sailview in Denver, Northview Harbour in Sherrills Ford and Falls Cove in Troutman/Statesville provides valuable insight into these 5 Lake Norman towns and how each is recovering from or changing since the recession.

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Lake Norman News, Events and Celebrations, Relocating? Life in Lake Norman

Lake Norman’s 2014 Christmas & Holiday Events Start This Weekend!

Lake Norman truly is a fantastic place to celebrate Christmas and the holidays.  From small town parades to a sailboat parade to old fashioned horse-drawn carriages, hot apple cider, carolers and Santa, you will find myriad ways to celebrate your holidays. It is amazing how Santa gets around Lake Norman!

Here are some of the biggest to get you started:

HUNTERSVILLE and BIRKDALE VILLAGE

Lake Norman's Birkdale Village Christmas Tree

Huntersville kicks off the holidays with the arrival of Santa and their annual tree lighting ceremony on November 16th at 5 pm – 8pm at Birkdale Village.The event organized by the Huntersville Happy Hour Rotary Club will benefit Ace & TJ’s Grin Kids! Shop, dine and stroll the vendor booths, but be sure to secure your spot along the parade route by 5:30pm. Then watch Santa light the 34 foot tree! Enjoy music, the singing bears and a new special attraction this holiday season! Don’t forget to visit Santa at his home directly across from the tree and cherish the moment with a photo. Continue reading

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Lake Norman photos

Lake Norman in the Fall? See for yourself!

As my husband and I were driving home from a lazy Sunday brunch at Sun Up Cafe yesterday, it seemed like the fall colors with the angle of the afternoon sun and blue skies were just too pretty to ignore. I spent the next several hours driving around the Brawley School Road neighborhoods in Mooresville capturing some of the beauty with my camera.  Who said you have to go to  the mountains to see colorful trees?  Enjoy!

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Lake Norman Real Estate Market Reports

Lake Norman’s October Home Sales 2nd Highest in 2014!

I must admit that our Lake Norman October closed home sales were so high that I keep re-doing the search in the MLS thinking there must be an error. Seriously, a 52% increase over October 2013, a 13.7% increase over last month AND the second highest month in all of 2014? I predicted October would be a great month because of the high number of homes under contract last month but even I didn’t expect them to be this high! Let’s take a closer look:

Lake Norman Market Report October 2014

Lake Norman Home Sales Chart for October 2014

* All data is from the Charlotte Regional Multiple Listing Service.

Some significant additional statistics for you: Continue reading

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Lake Norman Real Estate's November 2014 Desktop Calendar

Murray’s Mill Historic Site

Download this month’s Lake Norman calendar here

In keeping with the historic theme of my last article: Lake Norman Waterfront Lots for Sale: $795 and $10 Down,  I decided to choose this photograph of the Murray’s Mill Historic Site  ablaze with fall colors for this month’s calendar. If you are looking for a great place to picnic or enjoy a bit of local history, Murray’s Mill Historic Site in Catawba County includes the 1913 mill itself, the 1890s Murray & Minges General Store, the 1880s Wheathouse, used as an exhibit gallery, the 1913 John Murray House, furnished to the period, and numerous outbuildings. Continue reading

Lake Norman photos

Lake Norman Real Estate’s November 2014 Calendar is Here!

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Just the facts about Lake Norman, Relocating? Life in Lake Norman

Lake Norman Waterfront Lots For Sale: $795 and $10 Down!

Lake Norman waterfront home built in the 1970's

The house on the left was built in the late 1970’s and was torn down several years ago; replaced by a new home similar to the one on the right.

Can you imagine that in 1975 you could buy a waterfront lot on Lake Norman for under $1000? In fact, I have met a number of “locals” who sold their waterfront lots for even less than that thinking that they were pretty useless given how remote Lake Norman was before our Interstate I-77 was built.

So why am I writing about Lake Norman’s lot prices from 40 years ago?  It just happens that I attended a great panel discussion last week at Davidson College “Exploding Canons Under the Lake and also began reading the just released book about Lake Norman: A History of Lake Norman, Fish Camps to Ferraris.  I have always been struck by how important it is to put Lake Norman in its historical context to truly appreciate not just how lucky we are today but how many people and places were displaced and lives forever changed in order for us to enjoy our wonderful lives as “Lake People”. Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s October 2014 Hot Sheet: Signs of Fall?

Lake Norman Hot Sheet Home Sales

Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where we are at this very moment…an almost live insight into the heartbeat of the Lake Norman housing market.

While not quite as strong as last month, our Lake Norman housing market continues to break with our typical seasonal slowdown.  We currently have 262 single family homes under contract (sellers have accepted an offer but the sale is not complete) in all of Lake Norman compared to last month’s 282 and August’s 247.  After an impressive surge in September we have slowed a bit but we are still out significantly pacing prior October’s. Here are the 2-week Hot Sheet numbers: Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s 3rd Quarter 2014 Sales Analysis by Price Range

If you are a home buyer or seller in the Lake Norman it really only matters what is happening in YOUR price-range. Yes, it is important to know about the global economy, the national economy and the Charlotte area economy and real estate market but real estate is hyper-local so it is most meaningful to learn about the Lake Norman real estate market and within that, your specific niche. For instance, if you are looking to buy or sell in the $400,000 price range, you are going to have an entirely different experience than someone in the $500,000’s. This is the reason why I create a price-range analysis every quarter for my readers: Continue reading

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Lake Norman News, Events and Celebrations

Lake Norman Halloween Happenings & Events 2014, BOO!

Happy Halloween Lake Norman!

 

*For 2016 Halloween activities and events to go: Lake Norman’s 2016 Halloween Events, Pumpkin Patches and More!

Every year at this time the Lake Norman area comes alive with pumpkin patches, corn mazes, Halloween festivities for all ages and homes decorated to welcome all of our young trick -or -treaters. Many of our subdivisions and communities around Lake Norman have their own neighborhood events that are really popular and are a great way to get to know your neighbors.  But here are some more options from kid-friendly to oh-so scary: Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s September 2014 Home Sales Analysis: Impressive!

If there is any doubt in your mind that Lake Norman’s real estate market is in a sustained recovery our September 2014 home sales will put an explanation point on it. Not only were our September’s closed home sales  substantially higher than last September’s, but they topped even 2006’s and 2007’s! Add to this our very strong numbers of new contracts and pending sales and clearly our activity has not softened as it usually does in late summer early fall and is on pace with our past 4 months. Our Lake Norman housing market is now the most stable it has been since the recession. Let’s take a closer look:

Lake Norman Market Report September 2014

Lake Norman real estates market report

* All data is from the Charlotte Regional Multiple Listing Service.  Continue reading

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Lake Norman News, Events and Celebrations

The 2014 Lake Norman Folk Art Festival is October 4th!

Lake Norman Folk Art Festival 2014

Our Lake Norman Folk Art Festival is now in it’s 6th year and it just keeps getting bigger and better.  This really is a must attend if you enjoy festivals, southeastern folk art, local foods and food trucks, live music and plenty of activities for kids of all ages! Continue reading

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Lake Norman Desktop Calendar October 2014

Download this month’s Lake Norman calendar here

Most Lake Norman folks will tell you that October is usually the last month of our active boating/water sports season even though it may officially end on Labor Day. This paddle boarder is getting in a last few hours before the sun sets on a typical, beautiful fall day on Lake Norman.  The Carolina Blue Skies are fading into the brilliant autumn tones of the sunset.

This gorgeous photo was taken by renowned artist Cotton Ketchie, owner of Mooresville’s Landmark Gallerieswho spends much of his time driving all over North Carolina and even summer trips around the country, taking stunning photos. And, of course, he also takes some amazing photos of Lake Norman as well. If you haven’t visited his store on Main Street in Historic Downtown Mooresville you should put it on your list for 2014! He has myriad beautiful photographs like this one for sale as well as his wonderful watercolors and even North Carolina pottery. Continue reading

Lake Norman photos

Lake Norman Real Estate’s October 2014 Calendar is Here!

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate Sales Charts Make Data Fun!

If you are a regular reader of my Lake Norman Real Estate blog, you are familiar with my numerous, comprehensive monthly and quarterly market reports. Obviously, I love numbers.  I even have a T-Shirt I won that says “Data Geek” on it!  But not all home buyers or sellers want detailed spread sheets so I thought I would add a new feature to this blog: easy to understand pie charts and graphs of the more general sales trends.

Lake Norman Single Family Home Sales by Month

The chart above represents the average home sales by month for the past 10 years.  As you can see, historically June represents our highest sales and January and February are tied for the lowest sales.  We see a significant increase by April and a fairly significant slowdown by September.  54.4% of Lake Norman’s annual sales are from April through August.

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s September 2014 Hot Sheet

Lake Norman Hot Sheet Home Sales

Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where we are at this very moment…an almost live insight into the heartbeat of the Lake Norman housing market.

Fall is here but someone forgot to tell our Lake Norman home buyers!  Instead of our typical seasonal slowdown, we are cranking along like it is June. We currently have 282 single family homes under contract (sellers have accepted an offer but the sale is not complete) in all of Lake Norman compared to last month’s 247.  At a time when our real estate market is usually slowing down we are actually seeing a new surge of activity! Here are the numbers: Continue reading

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The Real Estate Process, Home Buying and Selling Tips

Why a “Dated” Home in Lake Norman?

Home in Lake Norman's Luxury Community The Peninsula

One of the adjustments I had to make when I moved to Lake Norman in 2005 from Pasadena CA was the transition from selling historic, Pre-World War II homes to mostly new or newer construction.  We didn’t even have Great Rooms and the Master Bedrooms were always upstairs!  Synthetic stucco, what was that? Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman’s 7 Towns; 7 Different Real Estate Markets!

Lake Norman Map with 7 Towns

7 unique and very different towns share the shoreline neighborhoods of Lake Norman.  Some, like Davidson and Huntersville, only have a tiny portion of the lake while others, most notably Mooresville, enjoy a huge percentage of the waterfront homes and land. The one thing they all have in common is that their waterfront homes and neighborhoods closest to Lake Norman make up only a portion of their overall housing.  In many cases they span pretty far out into the farmlands and/or towards Charlotte.

While I focus almost exclusively on the Lake Norman real estate market on this blog, I thought it might be interesting to take a look at the sales of the single family homes for the past 6 months  for each of the 7 towns in their entirety: Continue reading

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Relocating? Life in Lake Norman

Discover Mooresville’s Harris Teeter Shopping Center: A Mini Birkdale Village!

Mooresville's Harris Teeter

This Harris Teeter has been MY Harris Teeter since moving to Lake Norman in 2005.  Because the shopping center doesn’t have a formal name or great layout, I don’t think many of us locals think of the shops, restaurants and services as a shopping center or village.  However, over recent years a number of really good restaurants and shops have opened so now it truly is a destination for me and my husband. Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s August 2014 Sales Analysis: Surprisingly Good!

Not only were our Lake Norman’s home sales for August 2014 higher than last August’s, but our number of properties currently “under contract” are substantially higher than last year’s. Clearly, our activity has not really softened as it usually does in late summer.  To me this indicates that our Lake Norman housing market is now more stable than it has been since the recession and is sitting on a stronger foundation. Let’s take a closer look at the August 2014 numbers from our Charlotte Multiple Listing Service for our Lake Norman Area real estate market:

Lake Norman home sales report for August 2014

* All data is from the Charlotte Regional Multiple Listing Service. **Please note that the MLS started using an entirely new program in March which did away with Area 13 so my numbers may vary slightly from the past but I have made it as close as possible. Continue reading

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Lake Norman Real Estate's September 2014 Calendar

Download this month’s Lake Norman calendar here

Fall is a very special season on Lake Norman.  The tree-lined shoreline becomes ablaze with vibrant shades of reds, oranges and yellows as our many Maple, Gum, Poplar and other stunning trees transform in preparation for winter with a back drop of our brilliant Carolina Blue Skies.  The reason many folks relocate to Lake Norman is because we do have 4 distinct seasons albeit very mild ones. Fall and Spring are definite my favorite times of year!

This gorgeous photo of the Davidson College Clock Tower was taken by renowned artist Cotton Ketchie, owner of Mooresville’s Landmark Gallerieswho spends much of his time driving all over North Carolina and even summer trips around the country, taking stunning photos. And, of course, he also takes some amazing photos of Lake Norman as well. If you haven’t visited his store on Main Street in Historic Downtown Mooresville you should put it on your list for 2014! He has myriad beautiful photographs like this one for sale as well as his wonderful watercolors and even North Carolina pottery. Continue reading

Lake Norman photos

Lake Norman Real Estate’s September 2014 Calendar is Here!

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Lake Norman waterfront homes

What do Lake Norman’s Waterfront Home Sales in 2014 tell us?

Lake Norman waterfront home on large cove

So far, 2014  has been an odd year for our Lake Norman waterfront home sales.  There have been no obvious trends or “hot” price ranges or locations.  Overall waterfront home sales have represented only 29% of all Lake Norman home sales year-to-date.

Now that distressed homes  (foreclosures and short sales) are, for all intents and purposes, gone and prices are on the rise, waterfront buyers this year seem to be taking longer to buy and seem to have higher expectations and are willing to hold out for their perfect home.  There is also a good segment of waterfront buyers who are focused more than ever on tear-downs or lots.  If you drive around the Brawley School Road peninsula in Mooresville you will see an impressive number of new construction homes on the water.  There are 3 waterfront homes alone being built on my tiny street!

Yet despite the seemingly slower sales of existing waterfront homes 2014 has actually been a strong year so far if you compare our waterfront homes’ average sales price and sales price per square foot: Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s August 2014 Hot Sheet

Lake Norman Hot Sheet Home Sales

Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where we are at this very moment…an almost live insight into the heartbeat of the Lake Norman housing market.

We are entering our typical seasonal slowdown after a very respectable spring and early summer. So far this August Lake Norman home sales are equal to  last month’s but our most recent numbers indicate our fall slowdown has begun.  We currently have 247 single family homes under contract (sellers have accepted an offer but the sale is not complete) in all of Lake Norman compared to last month’s 290. Continue reading

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Lake Norman News, Events and Celebrations, Relocating? Life in Lake Norman

Lake Norman’s new Mooresville Town Square is coming to life!

Mooresville Town Square Rendering

If you haven’t checked out the Mooresville Town Square on the corner of Brawley School Rd. and Williamson Rd lately then you are definitely in for a great surprise! After a slow start thanks to the recession, it is now a happening place to go. With it’s upscale architecture, beautiful gardens and walking paths it reminds me a little bit of a Birkdale Village in it’s early stages. This 200,000 square foot “lifestyle center” offers great food, hangouts, shopping and services all walkable. Continue reading

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Relocating? Life in Lake Norman

Relocating to Lake Norman? Look no further than this Lake Norman Real Estate Blog!

Gorgeous Lake Norman cove view from waterfront home

Back in May of 2007 I launched this Lake Norman Real Estate Blog in hopes of providing meaningful information to Lake Norman home buyers and sellers. But, I was and still am particularly passionate about helping those relocating to Lake Norman just as my family did in 2005.  In the past 7 years I have met and sold homes to buyers from as far away as Russia, Australia and England who contacted me after reading my blog; some times for years!  How cool is that?

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s July 2014 Home Sales Analysis

Lake Norman’s real estate market remains robust after a lethargic winter and early spring. Following exceptionally strong closed home sales in June, we slowed a bit in July but are managing to keep up with 2013’s record breaking numbers.

Let’s take a look at the July 2014 numbers from our Charlotte Multiple Listing Service for our Lake Norman Area real estate market:

Lake Norman real estate home sales analysis for July 2014

* All data is from the Charlotte Regional Multiple Listing Service. **Please note that the MLS started using an entirely new program in March which did away with Area 13 so my numbers may vary slightly from the past but I have made it as close as possible.

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Lake Norman calendar August 2014

Download this month’s Lake Norman calendar here

Wow! Lake Norman waterfront home owners and boaters sure do enjoy amazing sunrises and sunsets! Some take their boats out almost every evening with a glass of wine just to soak in beauty like this photograph above captures so wonderfully. Continue reading

Lake Norman photos

Lake Norman Real Estate’s August 2014 Calendar is a Gorgeous Sunset!

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s July 2014 Hot Sheet Home Sales are HOT!

Lake Norman Hot Sheet Home Sales

Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where our Lake Norman real estate market is at this very moment…an almost live insight into the heartbeat of the Lake Norman housing market.

Our Lake Norman housing market is now smack dab in the middle of it’s traditionally strongest selling season of the year. The past three months we have seen a dramatic uptick in activity but by this time last year we were already experiencing a slowdown.  So far this July, Lake Norman home sales are even higher than last month! We currently have 290 single family homes under contract (sellers have accepted an offer but the sale is not complete) in all of Lake Norman compared to last month’s 262. Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s 2nd Quarter 2014 Home Sales by Price Range is a Must Have Tool for Buyers and Sellers!

If you are a home buyer or seller in the Lake Norman it really only matters what is happening in YOUR price-range. Yes, it is important to know about the global economy, the national economy and the Charlotte area economy and real estate market but real estate is hyper-local so it is most meaningful to learn about the Lake Norman real estate market and within that, your specific niche. For instance, if you are looking to buy or sell in the $400,000 price range, you are going to have an entirely different experience than someone in the $500,000’s. This is the reason why I create a price-range analysis every quarter for my readers:

Lake Norman real estate home sales by price range for second quarter 2014

*Compiled from the Charlotte Regional Multiple Listing Service’s data, this chart enables you to focus on your specific price range(s) rather than use the broad-brush approach thus allowing you to size up your competition and better position yourself. Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s June 2014 Home Sales Analysis

Wow!  Look what June brought to our Lake Norman real estate market: An 11% increase over June 2013’s closed sales AND the highest number of closed single family homes since June 2007!  Our sales this June even surpassed last year’s record breaking May sales.

Let’s take a look at the June 2014 numbers from our Charlotte Multiple Listing Service for our Lake Norman Area real estate market:

Lake Norman real estate sales for June 2014

* All data is from the Charlotte Regional Multiple Listing Service. **Please note that the MLS started using an entirely new program last month which did away with Area 13 so my numbers may vary slightly from the past but I have made it as close as possible.

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Lake Norman photos

Lake Norman Real Estate’s July 2014 Wallpaper Calendar is Here!

Lake Norman real estate's July 2014 Wallpaper Calendar

It is wonderful how one great photo like this can tell you quite a lot about Lake Norman.  The Shoal signs scattered around Lake Norman warn boaters of shallow spots or hazards.  This awesome Osprey and her nest represent one of Lake Norman’s myriad birds that are particularly treasured and even the focus of the Lake Norman Wildlife Conservation group who builds structures to encourage Osprey’s to nest.  Beyond the Shoal signs is the typical, lush, tree-lined shoreline with lovely homes peeking out enjoying the beautiful Carolina blue skies and the expansive blue water that is Lake Norman.

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s June 2014 Hot Sheet Home Sales Analysis

Lake Norman Hot Sheet Home Sales

Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where our Lake Norman real estate market is at this very moment…an almost live insight into the heartbeat of the Lake Norman housing market. These Hot Sheet reports serve as pretty good predictors of our short-term Lake Norman real estate market.

Our Lake Norman housing market is now smack dab in the middle of it’s traditionally strongest selling season of the year. The past two months we have seen a dramatic uptick in activity and thankfully that trend is continuing. We currently have 262 single family homes under contract (sellers have accepted an offer but the sale is not complete) in all of Lake Norman compared to last month’s 285.  Once again I don’t think this month we will match June of 2013’s 151 closed sales but take a look and see what you think:

Lake Norman Real Estate’s Two-Week Hot Sheet

5/21/2014

Lake Norman real estate home sales activity June 2014

* 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. These numbers represent a real time snapshot of the past two week’s activity. (June 7th – 22nd). As always, I have included the past 5 months so that you can put these numbers in perspective.

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Relocating? Life in Lake Norman

Lake Norman Real Estate’s Business of the Week: Josh’s Farmers Market!

Lake Norman Real Estate's business-of-the-week

 

Josh's Farmers Market Mooresville Lake Norman

 Josh’s Farmers Market in Mooresville Lake Norman

If you have reason to be on Williamson Road in Mooresville you might have seen a crowded parking lot nestled in some trees on the east side of the street just south of Highway 150.  This is where Josh Graham and his wife Alicia own and operate  their popular Josh’s Farmers Market which sells seasonal fresh fruits and vegetables from local growers and from Columbia S.C.

Fresh, Locally Grown Fruits Lake norman

It’s truly like an entire farmers market all under one large tent.  The day I took these photos I bought some of the North Carolina  peaches which were ripe, and incredibly sweet as I have found all of their fresh fruits to be.  What a difference from store-bought fruits!

Fresh vegetables at Josh's Farmers Market P1020695

Besides seasonal fruits and berries, Josh also has a great variety of vegetables, fresh corn, and of course, several varieties of  juicy red tomatoes, some grown on their own land!

Every week they drive down at 2:00am to Columbia SC to “get the freshest produce” according to a recent article in the Mooresville Tribune.  “There’s not many places that you can go when the squash or blueberries were picked an hour before you buy them” according to Graham. Continue reading

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Lake Norman News, Events and Celebrations

Lake Norman’s 4th of July Fireworks and Celebrations 2014!

Lake Norman 4th of July 2013

 

For Lake Norman’s 2017 Fireworks and Celebrations go to: Lake Norman 4th of July Fireworks and Celebrations 2017

From nostalgic patriotic parades to community festivals with firework displays to myriad planned and spontaneous raft- up (boat) parties on Lake Norman, there truly is something for everyone here in the greater Lake Norman area this 4th of July. Get out of your home, save gas and have a great time!” I wrote this SIX years ago and it is still just as true this year. So, here is the run down on Lake Norman’s 4th of July festivities 2014: Continue reading

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Relocating? Life in Lake Norman

Lake Norman Real Estate’s Business of the Week: Shoals Grill in Mooresville

Shoals Grill in Mooresville lake norman

Opened in 2010, Shoals Grill  has been a great Lake Norman restaurant success story as it has evolved and perfected it’s menu and service over the years to become a local favorite hangout.  Located in the Food Lion Shopping Center at Stutts Rd and Brawley School it has plenty of seating and a wide variety of food sure to please everyone!

Lake Norman sign in Shoals Restuarant

As you enter Shoals, you immediately feel like you are on vacation.  The fun, whimsical nautical decor with the weathered wooden walls reminds me of hanging out at the lake or beach in the summer.  It feels like it is time to relax.  Shoals Grill  pretty much demands that you leave your stress at the door!

The food is awesome.  I am so addicted to their Chopped Chicken Salad that I have it every week! My hubby loves their Southwest Burger with their to-die-for Tabacco Onion Rings and swears it is the best burger in Lake Norman!  Did I mention their desserts?  My favorite is their brownie topped with ice cream, whipped cream, nuts, chocolate and carmel sauce.  But then again, I have yet to try their Lemon Cheese Cake Brulees or Smores.  (Of course, their ice cream is made locally at Mooresvilles Deluxe Ice Cream). Continue reading

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lake norman real estate

Caution! What to be aware of when searching for Lake Norman homes Online

Lake Norman waterfront home on the main channel

Searching for Lake Norman homes for sale on the Internet just keeps getting easier and better. About one third of online real estate searches are done using one of the top three websites, Zillow, Trulia and Realtor.com with Zillow far and away the most popular.  Thanks to their stiff competition for market share, home buyers and sellers now have almost as much data and information available to them as Realtors which is really awesome! (Despite what some real estate agents might say.)

The cautionary note that I want to underscore after observing many of my clients recently is that they tend to give too much credence to the online data, especially on Zillow.  The problem is, while Zillow has come a long way over the years, it’s Zestimates and raw data are still flawed. Yes,  Zestimates are substantially better than when they launched years ago, but they can be far enough off to frustrate a seller and shouldn’t weigh too heavily on a buyer’s idea of market value. Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s May 2014 Home Sales Analysis

While our Lake Norman home sales numbers for May did not match May 2013’s record setting sales, they were the second best May since the recession and 8.4% higher than last month’s.  Not bad!  After struggling since late fall, our real estate market has jumped back to life with surprising strength and velocity and it looks like this will continue into the early summer months at least.

Let’s take a look at the May 2014 numbers from our Charlotte Multiple Listing Service for our Lake Norman Area real estate market:

Lake Norman Home Sales Analysis for May 2014

* All data is from the Charlotte Regional Multiple Listing Service. **Please note that the MLS started using an entirely new program last month which did away with Area 13 so my numbers may vary slightly from the past but I have made it as close as possible.

Some significant additional statistics for you:

  • “Distressed sales” (Foreclosures (REOS), defaults, Short Sales) represented only 5.5% of Lake Norman’s total home sales which was the lowest since the recession and down from last month’s 9.4, and significantly lower than January’s 29%. We only had 7 distressed home sales in May. The average price for distressed single family home sales was $284,332.  Distressed active listings comprise only 2.4% of our total inventory of Lake Norman homes sale. Clearly distressed sales no longer play a significant role in our Lake Norman real estate market and this is very good news!
  • 33.6% of our May home sales were waterfront homes which was up from 23% last month and back to where they normally are after a very slow winter and early spring. The average sales price of a Lake Norman waterfront home in May was $777,086.  Our average price per square foot, at $256.97, was up significantly from last month’s $216.34 and even our peak of $229 last summer.  Clearly we are seeing new life in our Lake Norman trade-up price ranges after a rather long slump!
  • 14 new construction homes closed in May through our MLS but this does not reflect an accurate picture of new home sales since so many are custom or are purchased directly from the builders and therefore never enter the MLS. (In fact, this segment of the market may be skewing our Lake Norman home sales numbers quite a bit). The average listing price vs sales price of new construction single family homes was 100%. Clearly there isn’t a lot if ANY wiggle room on prices of new homes. We currently have 33 new construction homes under contract in the MLS. The average sales price in May logged in at $424,839.
  • 43.5%  of Lake Norman’s May single family home sales were under $400,000.  This is a huge drop from the staggering 59.8% last month.  Clearly our higher priced homes are selling again!
  • 63.4% of the entire Lake Norman home sales in May were under $500,000 down from 69.4% last month. This means almost 20% of our sales in May were in the $400,000’s!
  • Our “Under Contract Show” AND “Under Contract No show”/Pending sales combined total of 262 were down slightly from last month’s 274. At 262 Lake Norman has 10.5% FEWER homes under contract compared to last year’s 293 at this exact date,  while we aren’t quite matching last year’s hot numbers, we have improved immensely in the past two months. We have definitely stopped the bleeding but, like with the rest of the US,  it is still going to be really tough to match our strong 2013 sales.

A closer look at the chart:

Continue reading

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Lake Norman waterfront homes, Relocating? Life in Lake Norman

Lake Norman’s Waterfront Neighborhood Video Tour

So, you all are my guinea pigs!  Here is my first Lake Norman video tour using my new GoPro.   This is a quick tour of some of the waterfront neighborhoods on the Brawley School Road Peninsula in Mooresville.  While I focused on The Point I also included views of two streets, Tuskarora Trail and Washam Road, that are good examples of what non-subdivision neighborhoods look like.  I also included a more rustic gravel road so that you get a better idea of what they look like.

Hopefully this will provide some insight into Lake Norman’s waterfront lifestyles.  Look for more video tours of Lake Norman in the days to come.  And feel free to request certain neighborhoods, streets or shopping areas.  My plan is also to make specific videos for buyers so they can see the actual neighborhoods they are interested in!  Any requests or input would be welcomed!

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Lake Norman photos

Lake Norman Real Estate’s June Wallpaper Calendar is Here!

Lake Norman Real Estate's June 2014 Wallpaper Calendar Photo of a sailboat race on Lake Norman

Newcomers to Lake Norman don’t always appreciate just how big our beautiful lake actually is and how many types of boating it accomodates.  We have two yacht clubs that offer wonderful sailing activities, comraderie and competitions.  This photo is of a race just off the Brawley School Road Peninsula in Mooresville on a beautiful summer’s day.  If you look closely on the far right you can see the Lake Norman Yacht Club.  I have very fond memories of crewing in sailing races as a child.  The boats were small but the races were serious and lots of fun!

This gorgeous photo was taken by renowned artist Cotton Ketchie, owner of Mooresville’s Landmark Galleries, who spends much of his time driving all over North Carolina and even summer trips around the country, taking stunning photos. And, of course, he also takes some amazing photos of Lake Norman as well. If you haven’t visited his store on Main Street in Historic Downtown Mooresville you should put it on your list for 2014! He has myriad beautiful photographs like this one for sale as well as his wonderful watercolors and even North Carolina pottery. Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s May 2014 Hot Sheet Sales Update

Lake Norman Hot Sheet Home Sales

Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where our Lake Norman real estate market is at this very moment…an almost live insight into the heartbeat of the Lake Norman housing market. These Hot Sheet reports serve as pretty good predictors of our short-term Lake Norman real estate market.

Our Lake Norman housing market is now smack dab in the middle of it’s traditionally strongest selling season of the year.  Last month we saw a dramatic uptick in activity and thankfully that trend is continuing!  We currently have 285 single family homes under contract (sellers have accepted an offer but the sale is not complete) in all of Lake Norman compared to last month’s 264. After exceeding last year’s closed sales in April, are we on track to May 2013 record sales?

Lake Norman Real Estate’s Two-Week Hot Sheet

5/21/2014

Lake Norman housing market activity for the past two weeks

* 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. These numbers represent a real time snapshot of the past two week’s activity. (May 7th – 21st). As always, I have included the past 5 months so that you can put these numbers in perspective. Continue reading

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Lake Norman Real Estate Market Reports

Lake Norman Real Estate’s April 2014 Home Sales Report: UP!

For the first time in 2014, Lake Norman home sales were higher than the same month a year ago and the highest since 2007!  After struggling since late fall, our real estate market has jumped back to life with surprising strength and velocity.  Lake Norman single family home sales were 4% higher than last April’s and a whopping 37.6% higher than last month’s.  March seems to have been the “bottom” of our mini housing dip with 17% fewer closed sales than March 2013. But, the higher “under contact” numbers that showed up last month clearly converted to strong closed sales in April.

Let’s take a look at the April 2014 numbers from our Charlotte Multiple Listing Service for our Lake Norman Area real estate market:

Lake Norman Real Estate's Home Sales analysis April 2014

* All data is from the Charlotte Regional Multiple Listing Service.  Please note that the MLS started using an entirely new program this month which did away with Area 13 so my numbers may vary slightly from the past but I have made it as close as possible. 

Some significant additional statistics for you:

  • “Distressed sales” (Foreclosures (REOS), defaults, Short Sales) represented 9.4% of Lake Norman’s total home sales which were down slightly from last month’s 11.25,  lower than February’s 13.6% and significantly lower than last January’s 29%. We only had 11 distressed home sales in April. The average price for distressed single family home sales was only $197,173. Distressed active listings comprise only 2.9% of our total inventory of Lake Norman homes sale. Clearly distressed sales no longer play a significant role in our Lake Norman real estate market and this is very good news!
  • Only 23% of our April closed sales were waterfront homes which was even down from 25% last month. The average sales price of a Lake Norman waterfront home in April was $855,894 which is down from last month and most of last summer as well. In April our closed  luxury housing sales inched up. Our average price per square foot, at $216.34, was down from last month’s $221.14 and is still well below our peak of $229 last summer. That said, overall Lake Norman’s waterfront home sales above $800,000 are improving.
  • Only 5 new construction homes closed in April through our MLS but this does not reflect an accurate picture of new home sales since so many are custom or are purchased directly from the builders and therefore never enter the MLS. (In fact, this segment of the market may be skewing our Lake Norman home sales numbers quite a bit). The average listing price vs sales price of new construction single family homes was 98%. Clearly there isn’t a lot if ANY wiggle room on prices of new homes. We currently have 44 new construction homes under contract in the MLS. The average sales price in April logged in at $308,967.
  • 59.8% of Lake Norman’s April  single family home sales were under $400,000.
  • 68.4 % of the entire Lake Norman home sales in April were under $500,000. Clearly our lower price ranges are still dominating our housing market.
  • Our “Under Contract Show” AND “Under Contract No show”/Pending sales combined total of 274 shot up for the second month in a row. ( Last month’s was 243 and February’s was 187). At 274 Lake Norman has 13.2% FEWER homes under contract compared to last year’s 316 at this exact date so we are not up to May 2013 but this is the highest number of homes under contract since last July! We have stopped the bleeding and are definitely on the mend but it is still going to be really tough to match our strong 2013 sales.

A closer look at the chart:  Continue reading

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Lake Norman photos, Relocating? Life in Lake Norman

Lake Norman Real Estate’s May 2014 Wallpaper Calendar is for the Birds!

Lake Norman Real Estate's May 2014 Calendar

Spring is now in full bloom in Lake Norman. Our myriad lush hardwood trees with their many stunning shades of green hug the Lake Norman shoreline and the waterfront homes are peaking out between them to enjoy the gorgeous views of blooming azaleas, Dogwoods, and so many colorful flowering plants.

I am thrilled that THE local expert on plants and wildlife, Christine Lisiewski (who works at my favorite Dearness Gardens Nursery in Huntersville), has provided us with another one of her amazing photographs for this month’s calendar. Christine is constantly on the move around not just North but South Carlolina where she took this photo of  migrating American Wood Storks at Huntington Beach State Park.  Not only is she the plant buyer at Dearness Gardens but she just recently was picked to design and implement a butterfly garden for The Preserve at Robbins Point and she even teaches classes about butterflies and native gardens. Visit her new blog: Christine’s Beautiful World. Continue reading

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