Big news for Charlotte! Now home to seven Fortune 500 headquarters, Honeywell announced in November that it will be relocating headquarters to Charlotte from Morris Plains, NJ bringing hundreds of jobs to Charlotte. Honeywell, currently sitting at #77 on the Fortune 100 list, is a technology company that manufactures a wide variety of products from… [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]
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]
Charlotte Real Estate Trends for May 2017
With summer right around the corner, in addition to the weather warming, the Charlotte real estate market is also heating up. Home values have increased 7.9 percent over the past year and predictions show this trend will continue. This means would-be homebuyers won’t have much time to simply sit and sip drinks poolside. Prices and… [Read More]
Charlotte Real Estate Trends for April 2017
As people start looking forward to summer, the real estate market in Charlotte shows signs it is cooling off faster than it has been in months. While there may still be a decline in the market thanks to low inventories, the market for April was better than expected. Increases in price lower sales April’s home… [Read More]
Charlotte Real Estate Trends for February 2017
Signs of spring in Charlotte are accompanied by continued evidence of a robust Charlotte real estate market. Strong Selling Prices For the three-month period ending March 15, Trulia says that the median selling price for Charlotte-area homes was $190,000, a 3.3 percent increase year-over-year. The median selling price of four-bedroom homes was particularly strong, rising… [Read More]