Where are mortgage rates headed in 2018?

Heading higher… According to Freddie Mac’s U.S. Housing Marketing Outlook, interest rates are expected to slowly but surely head higher in 2018.  What does this mean for you if you are considering buying a new home? Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest […]

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 […]

HUNTSON RESERVE | NEW HOMES IN HUNTERSVILLE, NC

One of the best new home communities in Huntersville, NC is Huntson Reserve by Classica Homes. Prices here run from around $850,000 to $1,200,000. Part of the high price tag is location but you get a lot of standard features from Classica. Check out the tour of the Covina- which features the primary suite on […]

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 […]

Why buy a new construction home?

Why buy a new construction home?  Consider this:  there is much uncertainty when you search exclusively for resale homes. The baseline price is unknown- meaning what price will the seller take? What will the inspector find? Might the seller fix anything? How about deferred maintenance issues that may surface after you move in? How much […]

NEW HOMES IN STATESVILLE, NC | DOGWOOD GROVE

Looking for new homes in Statesville, NC? Dogwood Grove may be what you are looking for. This community is located a couple of miles west of Exit 45 on I77. Dogwood Grove is across the street from Larkin Golf Club, 15 minutes from Lake Norman State Park and 15 minutes from the heart Mooresville’s shopping […]

WATERSTONE | NEW TOWNHOMES ON LAKE NORMAN

Here’s a new townhome community located across the street from Lake Norman. Century Communities is building 76 townhomes here. Welcome to Waterstone, new townhomes on Lake Norman by Century Communities. They offer 2 floor plans. Both have 4 bedrooms, 3.5 baths, 2-car garages and 3 level living up to 2660 square feet. Prices start in […]

NEW TOWNHOMES IN DAVIDSON NC

Looking for new townhomes for sale in Davidson, NC? Check out luxury townhome living at Summers Walk, a new 40-unit townhome community by Mattamy Homes. This is the model home onsite called the Alder End, which is around 2120 square feet. It has 3 bedrooms, 2 full baths and 2 half baths. Like all townhomes […]

Don’t go it alone when buying new construction.

There is much uncertainty when you search exclusively for resale homes. Baseline price is unknown- meaning what price will the seller take? What will the inspector find? What will the seller fix, if anything? What deferred maintenance issues may surface after you move in? How much will you need to put into it (renovations) so […]

WALLACE SPRINGS | NEW HOMES IN STATESVILLE, NC

Today I’m at a new home community in Statesville, NC called Wallace Springs, by DR Horton. Although it has a Statesville address, Wallace Springs is only 5 minutes north of downtown Troutman, 15 minutes from Lake Norman State Park, and 45 minutes from center city Charlotte, NC. Wallace Springs will consist of a total of […]