Steele Creek’s Berewick is a rapidly growing community that offers something for everyone in the way of housing and amenities. The sprawling master-planned community inhabits what was formerly a quiet area of Charlotte, where the city expanded into nature near the shores of Lake Wylie. Pappas Brothers, the company that developed Berewick, has been working… [Read More]
Home sales drop for sixth straight month in Oct.
Home sales dropped again in October, marking the sixth straight month decline in year-over-year sales for the Charlotte metro area. Sales decreased 9.8 percent for year-over-year figures to 3,617 properties sold in October. Compared to September, sales in October fell 0.7 percent, according to the most recent report of the Charlotte Regional Realtor Association. A… [Read More]
Real Estate News in Brief
Ribbon gets $225M cash infusion A Charlotte and New York-based technology startup is hoping to expand its cash buying real estate model nationally after receiving a $225 million investment from several investors. Established in 2017, Ribbon is a service that aids home buyers by backing them with cash offers. Ribbon also offers a home valuation… [Read More]
September sales drop more than 15%
For the fifth straight month, Charlotte home sales continued to drop, with September seeing a 15.3 percent decline from sales figures for September 2017. A total of 3,642 properties sold in September compared to 4,302 sold in September 2017. Sales fell more than 19 percent from August’s figures, according to the monthly report from the… [Read More]
Residential sales cool during August heat
Rising home prices and decreased inventory continued to take its toll on the Charlotte residential sales market in August, the third month of year-over-year declines in real estate closings. Sales in the Charlotte MLS market dropped to 4,514 homes sold in August, a 6 percent drop from the same period a year ago. CMLS President… [Read More]
Neighborhood spotlight: Life in Huntersville’s Birkdale Village
Since its completion 18 years ago, Birkdale Village in Huntersville has been the center of the action and Lake Norman’s “urban” hot spot. Once a dairy farm, Birkdale Village’s 52 acres now are occupied by more than 60 retails shops, 10 restaurants and a movie theater. On any given day, the village is a bustling,… [Read More]