HomeTag "huntersville"
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rent

Buying costs much less than renting.

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States. In the six years that Trulia has conducted this study, this is the first time that it was […]
Matt Morano
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5

5 reasons to hire a real estate professional- me!

Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an experienced real estate professional to guide […]
Matt Morano
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toes

Getting pre-approved should always be your first step.

One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. In many markets across the country the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace […]
Matt Morano
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BoatReflections2

Lake Norman waterfront home sales for March 2018.

Huge slow-down noted this March vs. March of 2017. I’ve heard it from many agents-this past March seemed slow in the Lake Norman waterfront market.  Compared to last March, the number of closed sales was down 50% in the following price ranges sampled:  $500,000 to $749,999, $750,000-$999,999 and $2.0 million to $2.99 million.  The $1.0 […]
Matt Morano
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real-estate-graphic-_sold-sign

October 2018 sales results for the Lake Norman area.

October 2018 sales results for Lake Norman area (compared to last October). Median sales price: up 1.4% ($369,950) Month’s supply of homes: down 19.2% Number of close sales: down 7.7% Breaking the numbers down between re-sales and new construction: Resales: Median sales price: up 4.3% ($396,500) Month’s supply of homes: up 2.2% Number of closed […]
Matt Morano
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Lake Norman March 2018 Overview

A slow month for sales across Lake Norman. Lake Norman market activity: Comparing March 2018 vs. March 2017:  Highlights from the graphic include- Steep drop in # of closed sales (down 26%) Inventory down 20% Median sales price down 9%. Keep in mind that the “active” part of the year at Lake Norman begins in […]
Matt Morano
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View Summer

Has a Lake Norman waterfront home been a good investment?

You bet.  Here are the facts over the last 3 years. Single-family, traditional waterfront homes prices are on the rise. Not a surprise. But by how much? Consider this: the median waterfront home sales price across the entire Carolina Multiple Listing Services, Inc. is up 22% over the last 3 years. Drilling down, I found […]
Matt Morano
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