Category Archives: Real Estate

Matthews is top 10 suburb to sell a home

According to Forbes.com, Matthews is a top 10 suburb in the U.S. to sell a home. The online version of financial magazine cited these numbers: Median home price: $320,990; Median days on market: 127; Current inventory: 745; Year-over-year price change: … Continue reading

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Posted in Matthews, Real Estate | Leave a comment

Charlotte area home sales down

The Charlotte Business Journal reports Charlotte area home sales are down a whopping 27 percent from September 2007. Existing-home sales in the Charlotte market fell 27 percent last month to 2,239 from 3,067 in September 2007, according to the N.C. … Continue reading

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Home prices fall

It’s not enough Washington needs to bailout Wall Street, Wachovia has been gobbled up by Citigroup, and we have to wait in line to pay $4 a gallon for gas. The Charlotte Business Journal reports home prices for the Charlotte … Continue reading

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SCRE still interested in downtown property

SCRE Properties still expressed interest Thursday in continuing the Mint Hill Town Center project despite losing its partner, Charlotte-based Tidewater Partners, last month. Representatives from SCRE Properties and Mint Hill met today to discuss the projects future. SCRE still plans … Continue reading

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Posted in Development, Real Estate, Town Hall | Leave a comment

Bain Elementary School to be replaced?

Bain Elementary School may not be renovated after all. At last night’s school board meeting, the idea was proposed to replace the existing building with a new one. Pineville Elementary will also be replaced instead of renovated. Guy Chamberlain, associate … Continue reading

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Posted in Mecklenburg County, Real Estate, Schools | 1 Comment

Eastland Mall stores prefer Sunday over Monday. Duh!

Eastland Mall is changing its hours for the second time in two weeks, the Charlotte Business Journal reports. Last week, they announced the mall would be closed Sundays. Not so fast. Stores didn’t like the idea of closing on a … Continue reading

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Posted in Mecklenburg County, Real Estate | Leave a comment

Eastland mall cuts hours

The saga of Eastland Mall continues. Today, it was announced operating hours were being cut for the interior section owned by Glimcher Realty Trust. The venerable white box mall will be open from 11 am to 7 pm on weekdays … Continue reading

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Posted in Mecklenburg County, Real Estate | Leave a comment

NC has lowest mortgage closing costs in country

The Charlotte Business Journal is reporting that North Carolina has the lowest mortgage closing costs in the country. The average in NC on a $200,000 mortgage is $2,650; New York has the highest closing costs at $4,000. The national average … Continue reading

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Posted in Real Estate | 1 Comment

Meck mayors support bond

WFAE reports Mint Hill, Matthews, and Pineville mayors are urging support for the November bond. Green space is the issue, according to Matthews mayor Lee Myers. The money from the bond will help towns preserve land for parks, ball fields … Continue reading

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Posted in Development, Matthews, Mecklenburg County, Real Estate, Town Hall | Leave a comment

Town officials tell Wal-Mart no thanks

It’s not looking good for Wal-Mart moving to Mint Hill. The retail giant had eyes on some land at the intersection of Wilgrove-Mint Hill Road and Albemarle Road. At the July 17 developers meeting, Commissioners told Wal-Mart developers Lauth Property … Continue reading

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The real reason Bridges halted construction?

Retail Traffic Magazine has an interesting story about the slow down in shopping center development. As you might have guessed, it has more to do with the slow down in the economy and less about offsite-onsite issues, which is what … Continue reading

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Posted in Bridges at Mint Hill mall, Development, Real Estate | Leave a comment

Mint Hill man’s complaint nets $78,000 fine

Bluenc.com blogs about Mint Hill’s Thomas Strini who filed two complaints with the Federal Election Commission that cost the National Association of Realtors a nice chunk of change. From BlueNC.com: In a little noticed action in 2007 the National Association … Continue reading

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Posted in Politics 2008, Real Estate | Leave a comment