Archive for the ‘Charlotte Real Estate’ Category

Charlotte Still Considered One of the Best Places to Live

Wednesday, January 18th, 2012

We’ve long known that Charlotte is one of the nation’s top places to live, and there are several ranking organizations that agree with us – when it comes to liveability, Charlotte can’t be beat. In fact, Charlotte has made its way onto yet another Liveability.com Top 10 Cities list, this time for being one of the best cities in which to keep your new year’s resolutions.

Here’s why!

Volunteerism

“Charlotte was the only southern city to appear on Forbes.com’s list of the Top Cities for Volunteering,” notes Liveability, and doing for others brings joy to the doer and the receiver. Over 30% of Charlotte residents are engaged in some form of annual volunteer work.

Education

Charlotte is a smart city – “Nearly 40 percent of people 25 and over have a bachelor’s degree or higher. The University of North Carolina-Charlotte is located here, as well as 18 other colleges, opening the door to those who are looking to go back to school or study a new subject,” cites Liveability.

Happiness

It’s difficult to rank overall well-being among a city’s residents, but that’s exactly what the Gallup-Healthways Well-Being Index tries to do. According to the index, “The majority of residents in Charlotte, NC, share a sense of optimism that their health and lives will improve.”

Cost of Living and Finances

To be an urban hub, Charlotte boasts a relatively low cost of living – so if saving money was one of your resolutions, Charlotte can help. Also, Charlotte houses numerous financial institutions and banking headquarters, including Bank of America.

Population growth – which has remained relatively steady despite the rocky economy – and employment opportunities are additional factors that draw people to Charlotte, making it a great place to live.

If you’re interested in moving to Charlotte to take advantage of its diverse city offerings, schedule a tour with an experienced Charlotte real estate agent. There’s no one better to show you the ins and outs of one of the best places in the nation to live. Give Realtor Katie Gray a call at 704.560.9699.

 


5 Steps Toward Homeownership in 2012

Tuesday, January 3rd, 2012

Realty Times’ Carla Hill recently published an article discussing the improving housing market. Although the end of 2011 saw a dip in mortgage applications, “the latest NAHB First American Improving Markets Index (IMI) shows that 76 markets are meeting their criteria for six straight months of improvements in housing permits, employment, and housing prices. This is almost double the amount of markets seen on the list for December (2011).”

Does this mean that the 2012 real estate market won’t be a buyer’s market? Not necessarily. Hill continues to say that while growth and stability are on the horizon, 2012 may present some bumps in the road for sellers, but that opportunity for investment will exist.

If you’re considering buying a home in 2012, here are five steps to take to ensure you purchase the right home for the right price.

  1. Gain an understanding of your market by starting a relationship with a Realtor. It’s possible to learn about the fluctuating mortgage market in your area by doing your own research, but an experienced real estate agent will have inside knowledge and insight you can’t gain alone.  He or she will be able to access lists of low-priced properties; recommend the best lenders; and guide you to areas where you will have the best options to purchase.
  2. Put a timeline in place. There are many to-dos when you’re planning on buying a house, so start about six months out. You’ll want to define a territory; find a reputable agent; get an idea about your budget; and have your credit checked. Move to four months out, two months out and so forth, outlining what you need to accomplish during those months. If you like, break it down to the day of your closing and move.
  3. Get pre-approved for a mortgage. Many real estate agents won’t work with you without your being pre-approved. If you can, get pre-approval from different institutions, if for no other reason than to see which lender you’re most comfortable working with – it will be a long-term relationship.
  4. Scale back. Preparing to buy a new home and move is the perfect time to purge. Get rid of things you haven’t needed or used in over a year, and clean out those closets and kitchen cabinets. You’ll save yourself time – and money on movers – if you have less stuff to transport on the day of your relocation.
  5. Budget. Budgeting is one of the biggest parts of buying a home, so start early. After deciding how much of a home you can afford, put a saving’s plan in place. Go ahead and calculate projected monthly expenses, and plan to have a cushion of cash in place as your closing date draws near.

These are just some basic, preparatory steps to help ensure your home buying goes smoothly. If you’re buying a home in 2012, be sure to speak with a real estate agent who has been active during the recent years of market ups and downs. Consult with Charlotte Realtor Katie Gray by calling 704.560.9699.


10 Easy Holiday Decorating Ideas and Tips

Tuesday, December 13th, 2011

During the holidays, while visiting friends and family, it’s likely you’ll encounter the Christmas over achiever. We all know this person – their house is a beacon, gleaming with countess outdoor lights; their living rooms smell of cinnamon and fresh pine; and every single dish towel, soap tray and candle has been swapped out for its holiday-themed counterpart. Kudos to those who have the energy and time to go all out with seasonal decorations, but unfortunately, most of us don’t have a spare second during the hectic holidays. Between parties and parades, gift buying and baking, we’re swamped.

Give yourself a break this Christmas – while still sprucing up your space for the season – and try a few of these quick and easy holiday decorating ideas and tips.

  1. Use greenery to decorate outdoors. You can pull pine boughs, magnolia leaves and other native greenery from your own backyard and use it to accentuate front doors, mailboxes and porch railings.
  2. Instead of fretting over Christmas candles throughout the holidays, use battery-powered alternatives. In addition to adding the ambience of flickering light throughout your home, these counterparts are safer and require less of your attention.
  3. Buy a few seasonal plants to place about the house. Paper whites and poinsettias are available at nearly every nursery in the Southeast during the holidays.
  4. Fill hurricanes and clear cylinders with colorful ornaments. Use them as simple, elegant centerpieces or coffee table decor.
  5. When baking gingerbread men, make a few extra. Let them dry, and hang them on your tree for vintage appeal. Go truly old fashioned by stringing dried cranberries or popcorn strands around its branches.
  6. Customize your wreaths this season by stretching the frame into an oval shape and adding small pinecones, mini-faux presents, decorative birds or other unique touches that coordinate well with your style.
  7. Focus on one large element. Don’t try to put together an impressive tree, decked out dining table, as well as a few other centralized holiday decorations. Put your energy into one main project and add simple, seasonal touches elsewhere.
  8. Enhance your mantle with basic winter garland. Within minutes, your fireplace is topped with fresh-scented greenery. Intertwine a few mini-Christmas lights for added effect.
  9. Light the walkway to your front door. This can be easily achieved with small, simple solar lights lining the path to your home.
  10. Don’t feel the need to put out every decoration you own. If you put out the rooftop Santa last year, let him stay in the attic this year. Alternate your holiday decorations to get use from them, but save yourself time by displaying only a few items from your collection every Christmas.

Most importantly, decorate your home to please yourself and your family. Although the holidays can get stressful at times, it’s important to focus on what’s truly important.

For more ideas on how to bring the holiday atmosphere into your home, chat with a real estate agent who has seen properties during every season. Give Katie Gray a call at 704.560.9699.


Questions to Ask Before Buying a Loft

Friday, December 2nd, 2011

Loft properties tend to fall into a “love it or hate it” category. Some people find their wide open spaces, industrial appeal and typically urban locations attractive, while others prefer divided rooms and a more traditional atmosphere within the home.

If you follow the former line of thought and are considering buying a loft in Charlotte, there are several questions you should ask yourself and your Realtor before making your final decision.

Q: Is the loft development complete or will it be phased further?

A: Often, lofts are built within renovated industrial buildings, such as old warehouses and factories. If this is the case, ask your Realtor about phasing. Have all the lofts been built out already, or are there more waiting to be added? Most people don’t want to sink savings into the purchase of a home only to deal with construction chaos for several months or years to follow.

 

Q: How is the loft cooled and heated, and was energy efficiency taken into consideration when it was built?

A: As mentioned, lofts built within expansive industrial spaces have the tendency to be drafty. Plus, the open nature of the loft space itself is not always conducive to efficient heating and cooling. In many loft communities, however, resourceful construction counteracts these less than desirable qualities. Look for double-paned windows; efficiently insulated flooring and walls; and intelligently centralized heating and cooling systems.

 

Q: When I purchase a loft, what will I actually own?

A: In most cases, you can look at a loft community like a condominium community, as many are organized and operated in the same way. Ask your real estate agent to get a list of the literal features you will own when you purchase. Is there a balcony or patio? And if so, is that considered the homeowner’s, or are they seen as common elements?

 

Q: What are the restrictions on customization?

A: When you buy a traditional home, your options to remodel are practically endless. In some lofts, however, there may be some restrictions. If you’re hoping to build a partition or wall to break up the open areas, for example, it may not be allowed if it affects the structural integrity of the space. Plus, adding any room that requires water or plumbing will depend on both the regulations imposed by the development plus available pipeline.

 

Q: Is there a homeowner’s association and / or a monthly assessment?

A: As with a condo community, there may be monthly HOA fees associated with ownership. You could also be assessed fees for maintenance, parking – and be sure to ask about available parking – as well as certain utilities. You’ll want to be aware of all expenses upfront so you can accurately budget before buying a loft.

 

In many ways, buying a loft is like purchasing a traditional property. You’ll want to get an inspection; bring a qualified, reputable Charlotte real estate agent on board; and do all your research before signing your name on the dotted line.

For more advice on buying loft properties, consult experienced Realtor Katie Gray by calling 704.560.9699.


Make a Fall Checklist – Readying Your Home for Seasonal Transition

Tuesday, September 13th, 2011

When you think of the approaching cool weather, do images of falling leaves, full gutters and heat-chipped paint come to mind? Many people would answer yes. We’ve all bided our time during the summer months because of the heat, or taken vacations, putting housework toward the end of our to-do lists. But as fall approaches, the time for tackling seasonal household chores does, as well.

Make it easy on yourself by putting together a checklist. Organize the list into categories and subcategories, differentiating between small tasks that require relatively little effort and the warrior weekend chores that you’ll need to set aside time to undertake.

Here are some quick guidelines to help you get started.

Begin Outside

The hot, dry Charlotte summer took its toll on your home’s exterior and yard. Think of a few things, big and small, that need sprucing up outdoors.

  • Check gutters before heavy leaf fall begins.
  • Give your patio, porch and appropriate home surfaces a thorough pressure washing before the temperature drops. This is big job, so set aside a weekend to get it all done.
  • Organize your outdoor storage spaces. Put away pool toys and bring out the blower.
  • If you have raw wood exposed – you had a new deck built this summer, for example – go ahead and paint or seal it before wetter, cooler days arrive.
  • Give your yard a little TLC. A quick mow does wonders. Remove debris and dead seasonal plants from your flower beds, and consult a local nursery to see if it’s the right time for some pruning.

Move Inside

Don’t overwhelm yourself by thinking your Charlotte home needs an entire makeover to get fall ready. Start small to build momentum, and move to bigger projects later in the season.

  • Put away seasonal decorations, and if you have them, bring out your fall/winter accessories.
  • Get ready to replace your light, summer comforter and other bedding with their cold weather counterparts.
  • Take a look at your closets. Bring your seasonal items – boots, sweaters and jackets – to the front. This is a great time to do some thinning. If there are items you haven’t worn in over a year, consider donating them.
  • Did the summer heat damage your walls? Do a quick walk-through and look for cracks in corners or chipped, peeling paint. While many people manage their homes’ painting projects on their own, if you notice a substantial need for touch-ups and repairs, consider hiring a reputable painter to get the job done right.
  • You’ll also want to check your chimney, the seals around doors and windows and your heating system before chillier days arrive.

Give yourself plenty of time so you don’t feel rushed to accomplish all of these things. And while they’re not all necessary, they will help you feel more comfortable when fall reaches you.

For more advice on getting your Charlotte home ready for the season change, speak with a real estate agent who has experience with homes year around. Consult Katie Gray by calling 704.560.9699.


Get Out and About in Charlotte

Tuesday, September 13th, 2011

There are several reasons Charlotte residents consider themselves lucky. Living in a beautiful city with a balanced blend of real estate options is just one of them. Another is surely the fact that there is always something going on. If it’s not the spring festival season or myriad art shows, it’s community enrichment events or – this fall – something special for women and wing lovers.

The Southern Women’s Show is celebrating its 29th year, with things kicking off on Thursday, Sept. 15th with a benefit. This is a great event for women of all ages. Enjoy cooking demonstrations and tastings. The firefighter fashion show is always a hit. Spend time with friends shopping among the various vendors. Participate in contests. The Southern Women’s Show has so much to offer. Presentations from local and renowned chefs, plus beauty tips and advice on smart shopping, will be taking place. You’ll have the opportunity to give back, as well, by purchasing products for a cause. View the entire catalog of events, and keep in mind, tickets are affordable – $8.00 dollars in advance and $9.00 dollars at the door.

Men, if you’re feeling left out, don’t. An upcoming Charlotte event is sure to cheer you up. On Saturday, Sept. 17th, starting at noon, Charlotte residents and visitors alike can enjoy the famed fun of the Carolina Wing Festival. Charlotte is kicking off this year’s Road to Buffalo Tour and will be the first stop in a series of several regional festivals celebrating the American food icon that is the wing.

The Carolina Wing Festival is not only a great time for attendees but for participants, too. It’s a trade show during which nearby eateries show off their best wings and sauce recipes. Over 50 wing recipes from over 20 restaurants will be featured. Live music will take place until 10:00 pm, and in between concerts, enjoy eating contests, bobbing for hot wings and other great entertainment.

Tickets are only $10 dollars, and they do more than simply get you in the door. Your admission automatically enters you to win a trip to Buffalo, NY for the National Buffalo Wing Festival next Labor Day.

There’s never a dull moment in Charlotte. All year, there are events and festivities for people of all ages, as well as family-friendly fun. If you live in or around the area and want to stay abreast of everything that’s happening, consider keeping in touch with a local, connected Realtor. For questions about real estate and all things Charlotte, call Katie Gray at 704.560.9699.


Making the Rent-to-Own Transition

Thursday, September 1st, 2011

Home prices and interest rates are historically low, and this has prompted many people to consider the transition from renting to owning their own homes. It’s an important decision that requires forethought, planning and budgeting.

If you’re considering giving up your status as a renter, here are some things to keep in mind.

Money. Your finances should be your biggest consideration. The costs of owning a home are different than those involved with renting. Mortgage payments are often more expensive, and when you need a new appliance or home repair, you don’t have the freedom to make a quick call to the landlord. All home maintenance expenses fall to you when you own your own home.

If you’re moving from an apartment to a house, you’ll likely need an experienced Realtor to help guide you through the complicated buying process. Don’t forget that commission costs and – once you find the perfect property – closing costs will be involved.
There are additional expenses, including property taxes and homeowner’s insurance. For these reasons, budgeting plays a serious role during the transition from renting to owning. If you’re uncertain whether or not you’re financially ready, speak with a real estate agent who has experience with first-time homebuyers. Consult Charlotte Realtor Katie Gray by calling 704.560.9699.

But while you still have dollar signs in mind, and before you decide that home ownership is too expensive, think about the benefits. Instead of paying your apartment complex or landlord, your monthly payments will be invested into your own home, giving you autonomy, helping you build equity and putting value back into your property. The right home can be a wonderful investment.

Another important consideration is your lifestyle. Do you enjoy your mobility, or are you ready to put down roots in your city? When you rent, you have the freedom to move. When you own a home, you have to go through the rigmarole of selling before you can relocate. Even more so in our current market – a buyer’s market – you need to be sure you’re prepared to spend some years in a purchased home.

A great benefit of home ownership is that you get to enjoy more choices than you do when you rent. If you want to paint your living room blue, go for it! You have the full freedom to remodel, decorate and alter your space however you wish.

These are just a few of the larger considerations that must be taken when buying a home. It’s easy to overlook the details. Will you need to buy appliances, or do they come included? Have you given sufficient notice to your landlord, alerting him, her or the property management company of your move? Have you decided on a moving company or considered the down payments that might be required to connect new utilities?

The move from renting to owning is a daunting one. Give yourself a big advantage by first finding a Realtor. He or she will keep your best interests in mind and will be instrumental in making the process go as smoothly as possible.


Have Housewarming Gifts Gone Out of Style?

Sunday, August 21st, 2011

When was the last time you attended a housewarming party or purchased a gift to welcome someone to his or her new home? In the past, housewarming parties served to help newlyweds stock their first place, but the tradition seems to be fading now that the traditional homeowner varies so greatly. Many single individuals own their own homes, some couples rent and some people move around.

But it is important to remember that when someone buys a home, it’s the beginning of a new phase in his or her life. If a family moves in next door, it’s a good idea to meet them, since they’ll likely be your neighbors for quite some time. And housewarming gifts – regardless of whether or not a party is thrown – make people feel welcomed to a new community.

So if you’re wondering if housewarming gifts have gone out of style, the answer is no. They are still wonderful gestures of care and an excellent way to build relationships with your neighbors.

Curious about what to give?
Here are some traditional and non-traditional options.

  • Housewares are popular gifts. If you’re thinking about giving something useful or bulky – such as a coffee maker or larger appliance– you may want to check with the new homeowner first to ensure you don’t give them something they won’t use or already have.
  • Accessories are typically safe gifts to give. Picture frames, candles, wine racks…these are all items that most people can put to use without giving up much space in the home.
  • For something a little different, consider giving a housewarming gift that’s not for the house at all. Simple yard ant, decorative planters or a potted, seasonal plant are all great options.
  • There’s a lot to do when you move into a home. Consider giving gifts that save the new homeowner time. A gift certificate for a home cleaning or to a local restaurant could be quite convenient.
  • There’s always the DIY route. Put together a welcome basket. Include a map of the area, information about the neighborhood and some home-baked goodies. Putting the effort into the gift yourself will only make it more meaningful.

Although the tradition of housewarming parties seems to be on a downward trend, giving a gift to a new neighbor will always be a warm and welcoming gesture.

For more ideas about what to give as a housewarming gift and for all your real estate inquiries, consult Charlotte real estate agent Katie Gray at 704.560.9699.


Live Greener by Conserving Water – 10 Ways to Save in the Home and Yard

Monday, August 8th, 2011

Next to saving energy, conserving water is one of the best green practices we can implement on a small scale to positively impact the environment on a larger scale. There are several things we can do – both inside the home and out – to conserve water. Here are 10 tips that will help.

  1. Check for leaks. Leaking water can lead to excessive waste. Make time, multiple times per year, to check faucets, water hoses and appliances for leaks. Water Use It Wisely suggests this tip: “Put food coloring in your toilet tank. If it seeps into the toilet bowl without flushing, you have a leak. Fixing it can save up to 1,000 gallons a month.”
  2. Make some adjustments in your yard to save water. Set your lawnmower to higher settings so that longer grass will shade roots and hold more moisture in the soil. Plant native plants that grow naturally in your area, with whatever amount of rain typically falls. Plan your watering for early or later during the day; don’t water during peak heat hours. Another tip from Water Use It Wisely, “Use drip irrigation for shrubs and trees to apply water directly to the roots where it’s needed.”
  3. When brushing your teeth or washing dishes by hand, turn off the water. Leave the tap on only during direct use.
  4. Use a refillable water bottle – don’t buy bottled water. It’s wasteful and adds detritus to our landfills. To help build this habit, keep a pitcher of filtered water in the fridge, cooled and ready to consume.
  5. Keep your pool covered when not in use to prevent evaporation. Use a grease pencil to mark the water level occasionally throughout the summer; if the water level drops over a 24 – hour period, you probably have a leak.
  6. Save runoff to water your yard; reserve water that is used for sanitary things – such as rinsing fruits – and use it again watering plants or washing dishes.
  7. Water toys are fun for children during the summer, but avoid those that require more constant flows of water.
  8. We flush many things that could be simply thrown away. Trash tissues, paper towels and other products that don’t require flushing to save water.
  9. If you have water – cooled appliances, consider switching to air – cooled ones.

10.  In some areas, rerouting your gray water to hydrate your lawn and plants is allowed. If so, consider speaking with a plumber about making these changes.

There are several changes – large and small – that we can make in and around our homes to conserve water, ultimately leading to a healthier planet. For other ideas on how you can live greener in your city, speak with an experienced real estate agent. Call Katie Gray at 704.560.9699.


Things to Know When Making an Offer on a Home

Monday, August 1st, 2011

You make the decision to purchase a home. You then find a Realtor and scour the market compiling a list of potential properties. You proceed, making appointments to view them; compare their good and bad qualities; and after much time and energy spent, you decide to make an offer on your top choice.

When it comes time to put an offer on a home – after you’ve exerted so much effort – you want to follow some basic guidelines to ensure your offer is accepted, to guarantee it’s appropriate and well – received by the sellers.

According to Better Home and Gardens, there are few things you should be aware of when making an offer on a new home.

Have your home loan pre – approval before making an offer. Talk with your bank; get financing or pre – approval for a mortgage loan. When it comes time to make an offer, having your finances in order will show potential sellers you’re serious. What’s more, many real estate agents require pre – approval before beginning the property hunt.

“Market conditions will dictate the selling price,” says BHG. That’s why it’s paramount to understand the economic context when making an offer on a home. Speak with your real estate agent, and know what similar properties in the area are selling for. It will help you when deciding whether or not to offer less than the asking price.

Be sure your Realtor and the selling party’s Realtor have discussed both parties’ interests. There will likely be some points that one or both of you – both the buyer and seller – are not willing to negotiate on. Similarly, there are areas in which one party or the other would be more likely to concede. Having an understanding of these “can often make the difference between an accepted offer and a stalled negotiation,” notes BHG.

About committing a hefty deposit when making an offer, BHG has this to say: “You’ll want to submit an earnest money deposit when writing an offer, payable to a reputable escrow company, to be delivered by your agent no more than three business days after the acceptance of the offer. Even when delivering an offer below asking price, offer a large deposit if possible, and it will pay dividends.”

Finally, give the seller an appropriate amount of time to respond to your offer. “Typically, the seller is given until 5PM on the third day from receipt of the offer to respond, unless you write in a different date and time,” says BHG; but if the offer is strong, or if there is a lot of competition, you may want to revise the terms of the response period. Speak to your Realtor about this before making a decision.

Making an offer on a home can be stressful. Not knowing whether or not to offer a number below the listing price is difficult. Having a reputable, experienced Realtor will be your best tool when navigating the offer process. Consult with Katie Gray by calling 704.560.9699 before taking the plunge and making an offer on your new Charlotte home.