Real Estate News and Advice   
February 12, 2012

Search Realty Times
 

Get more leads every month with Market Leader!





Setting goals? Tracking progress? Help has arrived.



Exclusive Leads In Your Market



NEED HELP?

Click for Live Support


Call: 214-353-6980




  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Lake Norman, North Carolina

Reported by Joye Baucom, CRS, GRI, ABR, e-PRO, REALTOR

Updated October 25, 2011.

Current Market Rating: 2




1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




1
2
3
4
5
Falling

Rising

Statistics from our Multiple Listing Service for the year prior to October depict Lake Norman having 12.1 months supply of homes (-11.8%) with 2,123 active listings (-16.3%). 2,159 homes have closed (-1.3%) in the past 12 months. The Charlotte region is leading the way for economic development in the South, according to Southern Business and Development. The magazine has named the area its 2011 Major Market of the Year. Deals with Seimens Energy, Hewitt Associates and Fifth Third Bancorp, which brought hundreds of jobs, propelled the region to the top spot. Last year the Charlotte region received an honorable mention, its fourth in six years. The magazine called 2010 the second best year for economic development in the South since 1994. The previous year, 2009, was th worst in the magazine's 18 year history. Comments by Eleanor Kennedy in Charlotte Observer 7/20/ll.


ZIP Codes: 28031, 28036, 28037, 28078, 28115, 28117

Approximate Location Boundaries: Bounded by Iredell County to the North; Cabarrus County to the East; Mecklenburg County to the South; and Gaston and Lincoln Counties to the West.

Location Characteristics: The Lake Norman area includes over 520 miles of shoreline and encompasses the towns of Davidson, Denver, Huntersville, Mooresville and Sherrills Ford. It is located in parts of four counties. There is a very broad range in housing and prices in the area. Lake Norman is one of the most rapidly growing and most desired areas in North Carolina. Davidson is quaint and charming, and home to the highly selective and nationally recognized, Davidson College. Lake Norman State Park and Jetton Park are conveniently located. Country Clubs include The Point, The Peninsula, River Run, Birkdale, and Northstone. The commute to downtown Charlotte will range from 30 minutes to 1.5 hours, depending on traffic.

For More Information:

View Market Conditions of other areas served by Joye Baucom, CRS, GRI, ABR, e-PRO

Navigate: Top > North Carolina > Lake Norman

About Joye Baucom, CRS, GRI, ABR, e-PRO:
Actually being a native, I offer a wide perspective of the area and its appeal. I have been listing and selling real estate since 1980 and am associated with one of the most prominent and successful residential real estate firms in the Charlotte region. I share Dan and John's passion for service, integrity, and going the extra mile for clients and customers. They have provided a family atmosphere where relationships and old-fashioned values are tremendously important. I share their commitment to superior service and value the relationship and support as it translates into working with every seller or buyer.

I embraced the internet technology for serving our real estate needs and became an e-PRO, a technology certification held by about l% of all Realtors worldwide. With on-line home tours, you can virtually see more homes and I can link you to MLS and a system to alert you by e-mail when new homes suiting your needs come on the market or reduce their price.

My husband Don and I have lived in Charlotte since 1960. Charlotte afforded us every opportunity to establish our careers, raise our family, and enjoy life to the fullest. Many people seek retirement destinations but I feel Charlotte has it all.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

X Bookmark and Share


Real Estate News Network




Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

Today's Headlines

LIBRARY


Agent Publicity | Market Conditions Interview | Local Market Conditions | Video Newsletter | Article Index | Terms & Conditions | Privacy | Contact Us

Copyright © 2011 Realty Times®. All Rights Reserved.