Pending Home Sales Dropped 16 Percent after Rising for Nine Straight Months

Pending Home Sales Dropped 16 Percent after Rising for Nine Straight Months

January 5, 2010 by Victoria Stankard · Leave a Comment 

According to the National Association of Realtor’s (NAR) Pending Home Sales Index (PHI), there was a drop of 16%, after rising for nine consecutive months.
The NAR index is based on pending contracts of existing home sales, including single-family homes and condominiums. A home sale is considered pending when the contract has been signed but the [...]

Baby Boomers and the Real Estate Market – Charlotte NC

Baby Boomers and the Real Estate Market – Charlotte NC

November 12, 2009 by Victoria Stankard · 1 Comment 

Before the housing market and economy took a dive, baby boomers already had their stake in the real estate market and their influence on it seems to be growing stronger. According to the National Association of Realtors (NAR)  “over fifty-fivers” bought 21% of the homes sold in 2008 compared to 13% in 2001. A new study by [...]

Wesley Heights Revival Includes Eco-friendly Celadon Condos

April 7, 2009 by Victoria Stankard · 1 Comment 

Nestled among the trees near the intersection of West Fourth Street and Tuckaseegee Road in the Wesley Heights area is a new development of eco-friendly condos called Celadon.’The development features 24 modern looking luxury condos with white exteriors and many green attributes.
The town home style condos have 10-20 foot ceilings and over-sized windows that allow the [...]

Eco-friendly Project For Mecklenburg County

April 6, 2009 by Victoria Stankard · 3 Comments 

On the west side in Mecklenburg County, there are pockets of eco-friendly development in the works.  One project in particular is the revitalization of the old Freedom Mall building located at the corner of Freedom Drive and Ashley Road. The mall was built in the early 60s and was one of the first in Mecklenburg [...]