Charlotte / Lake Norman Home Prices
Charlotte home prices rise 8% from year ago
By Deon Roberts
www.charlotteobserver.com
Posted: Tuesday, May. 06, 2014 (slightly revised for posting)
Charlotte, NC area homes prices rose 8 percent in March from the same month last year, as low supplies of homes for sale continued to drive up prices nationwide, a report Tuesday showed.
March marked the 27th month in a row of annual increases in the Charlotte / Lake Norman Real Estate for Sale region, Irvine, Calif.-based CoreLogic said. Nationally, home prices rose 11.1 percent from a year ago, for the 25th month in a row of annual price gains.
Rising home prices nationwide, as well as tight inventories and tougher lending requirements, are becoming an increasing drag on the U.S. housing market, the report said.
“March data on new- and existing-home sales was weaker than expected and is a cause for concern as we enter the spring buying season,” Mark Fleming, chief economist for CoreLogic, said in a statement.
Inventories of homes remain stubbornly low in Charlotte / Lake Norman and elsewhere. Last week, the National Association of Realtors said the national median price for existing homes is expected to increase by 6 to 7 percent this year because of inventory shortages in much of the U.S.
Industry observers blame the low Lake Norman inventory on multiple factors. Some potential sellers who bought at the peak of the housing market still owe more than their homes are worth and are waiting for prices to rise more before they sell. Also, some potential sellers are reluctant to list their homes because low supplies are making it hard for them to find their next home purchase.
Contact Us for more information 704.900.1619 (ext. 101 – 103) – Martin Real Estate Team of Lake Norman or to discuss other Lake Norman Homes
Lake Norman homes
Listings 1 - 20 of 551 next →Price: $4,950,000 (8834 sqft)
Subdivision: The Peninsula
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Meredyth Holdenrid | MLS # 4116658 | Active
Price: $4,790,000 (7456 sqft)
Subdivision: The Point
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Clarke Crawford | MLS # 4120597 | Active
Price: $4,500,000 (5714 sqft)
Subdivision: Vista Lago
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Kathy Day | MLS # 4085004 | Active
Price: $3,799,000 (5428 sqft)
Subdivision: The Point
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Dom DeMatteo | MLS # 4115639 | Contract
Price: $2,490,000 (6328 sqft)
Subdivision: The Point
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Gale Howard | MLS # 4114545 | Contract
Price: $1,400,000 (3520 sqft)
Subdivision: Stutts Circle
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Beth Graichen | MLS # 4081044 | Contract
Price: $1,300,000 (4196 sqft)
Subdivision: Watertree Landing
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Tom Robisky | MLS # 4101284 | Contract
Price: $1,175,000 (3491 sqft)
Subdivision: Caccia Cove
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Michael Toste | MLS # 4130987 | Coming soon
Price: $1,099,000 (4105 sqft)
Subdivision: Lakewood
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Ed Sink | MLS # 4121542 | Contract
Price: $1,050,000 (3476 sqft)
Subdivision: The Farms
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Tricia Murphy | MLS # 4131146 | Active
Price: $635,000 (3723 sqft)
Subdivision: Regency Lake Village
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Jolene Handysides | MLS # 4007878 | Contract
Price: $594,500 (2432 sqft)
Subdivision: Windstone at Autumn
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AnnMarie DeRosa | MLS # 4083474 | Contract
Price: $519,900 (2968 sqft)
Subdivision: Atwater Landing
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Alina Lorenzo | MLS # 4110035 | Contract
Price: $510,000 (1548 sqft)
Subdivision: Bridgeport
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Beth Graichen | MLS # 4129155 | Active
Price: $439,000 (1600 sqft)
Subdivision: Bordeaux
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Sandy Reynolds | MLS # 4130681 | Active
Price: $22,000,000 (9870 sqft)
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Hart Real Estate | MLS # 4096193 | Active
Price: $18,000,000 (12636 sqft)
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Premier Sotheby's | MLS # 4020713 | Active
Price: $16,000,000 (15048 sqft)
Subdivision: The Peninsula
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Premier Sotheby's | MLS # 3895525 | Active
Price: $12,500,000 (11112 sqft)
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The Agency - Charlotte | MLS # 4099910 | Active
Price: $10,000,000 (8750 sqft)
Subdivision: The Point
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Keller Williams Lake | MLS # 4087619 | Active
Listings 1 - 20 of 551 next →
Lake Norman Home Inspections
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Five Star Home Inspections Inc. specializes in home and property inspections. As a professional home and property inspection company our mission statement is to strive to meet your needs for a thorough and detailed inspection done in a timely manner. You can expect our reports to be detailed in every way and to include a comprehensive, easy to read report that is in compliance with the North Carolina Standards of Practice.
Five Star Home Inspections will continue to provide Realtors, Investors, Home Buyers and Home Sellers with vital information essential to the subject property using the most state of the art computerized inspection software in the market place today along with digital photos and over 30 years of residential home inspection and building knowledge.
Best Regards, Kris Brown & The Martin Real Estate Team
Five Star Home Inspections
PH: 704-622-4723
FX: 704-896-3195
Inspection Website www.fivestarhomeinspections.us
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George Hoffmann (Bus.) – on Facebook
704-455-3644 office
704-200-8003 mobile
**For this or other Lake Norman Home Related services, please visit our Lake Norman Vendors List**
LAKE NORMAN VENDORS
WE ARE CONTINUALLY ADDING MORE VENDORS TO THIS LIST.
CARPET CLEANERS
LAKE NORMAN HOME INSPECTORS
HOME REPAIRS / HANDYMEN
MORTAGE LENDERS
Lake Norman Area Information
Chamber of Commerce | Lake Norman Marinas | Lake Norman Parks |
Lake Norman Boating / Rentals | Movie Theaters
**To view this Website in Full Screen – Click HERE**
Team Mission Statement
Real Estate in the greater Lake Norman area is what the Martin Real Estate Team of Lake Norman does best. Our Team of Realtors are specialized in Homes, Townhomes and Condos for Sale all around the Lake and surrounding Towns; including all Waterfront Homes and Condos. Our knowledgeable Real Estate Agents know every Subdivision in the area and will guide you in the right direction during your Home Buying or Selling Process. We also work with Buyers in the Mtn. Island Lake and Lake Wylie area.