Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Lake Wylie - The Sanctuary. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 888-297-6100! Search all Lake Wylie homes at http://WWW.VIEWLAKEWYLIEHOMES.COM and watch for my Monday Madness blog posts about all the deals on Lake Wylie at http://www.TalkCharlotte.com.

Average Home Price $300,000 - View Graph Trend
Average Price Compared to Last Year Down 0-5%
Average Time on Market 60-90 days
Best Selling Price Range$200,000 - $249,000
Worst Selling Price Range$800,000 - $849,000
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?Increasing
Market Trend Decreasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Lake Wylie - The Sanctuary isIncreasing
Seller Activity for the past 90 days in Lake Wylie - The Sanctuary is?Decreasing
Multiple Offers?No
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?15-20%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersTerry Stutts 704-661-4885 W.R. Starkey Mortgage 10800 Sikes Place suite 110 Charlotte, NC 28277 tstutts@wrstarkey.com www.LoansWithTerry.com Office- 704.849.2125 Fax- 1.866.546.8949 Cell- 704-661-4885
Housing Inventory Good supply - Some Prices
Inventory CommentsGreat time to buy! We are at a historic low in pricing AND interest rates!
Greatest Activity Repeat Buyers
Reason to Buy/Sell Good economic news
Nearest Metro AreaFort Mill, SC
Housing Hot SpotsDowntown Charlotte, Uptown Charlotte, Near the Panthers Stadium ,First Ward, Second Ward, Third Ward, Forth Ward, New Condo’s Uptown, NoDa, Plaza Midwood, Chantilly, Elizabeth, Eastover, Dilworth, Myers Park, Cherry, Foxcroft, South Park, Near the South Park Mall, Montibello, Kings Wood, Pellyn Wood, Pellyn Grove, Near Myers Park High School, Near Alexander Graham Middle School, Stonecrest, Stonecroft, Giverny, Piper Glen, Near the Big Pink Church, Near the Arboretum, Cotswald, Lansdowne,I nside Providence and 51, Matthews, Mint Hill, Pineville, Beverly Wood, Near Beverly woods elementary, Near ,Providence High School, Providence Plantation, Providence Downs, Near Weddington Schools, Hunter Oaks, Lake Wylie, Steel Creek, Palisades, The Sanctuary, The Vineyards, Berwyck, Candlewyck, Providence Springs, Carmel Country Club, Near Quail Hollow where Tiger Woods plays, Providence Country Club, Ballantyne Country Club, Quellin, Cameron Woods, Birkdale, Berkley, Ardrey, Carmel Road area, Inside 485, Outside 485 loop, Morrocroft, Phillips Place
Average Sold Price $300,000 - View Graph Trend

Lake Wylie - The Sanctuary Local News


News for Lake Wylie - The Sanctuary, NC - June 15th, 2011 1:39pm
Charlotte NC Reduced Price Properties, Latest Listings

Just Reduced Charlotte NCCheck in every 72 hours for the very latest deals in Charlotte NC Real Estate!

The Talk Charlotte Real Estate Team scours the MLS every 3 days to find listings with reduced prices. We publish the best deals we can find in Downtown Charlotte, South Charlotte, Myers Park & Dilworth, Ballantyne, Southpark, Cotswold, Matthews & Mint Hill, Union County, Gastonia, Huntersville, Lake Norman, Lake Wylie, and Fort Mill.

The formula we use to find the best deals in Charlotte NC real estate listings includes searching the current MLS for listings that meet this criteria:

* $1million + decreased 15% or more
* $650,000 to $1million + 10% decrease
* < $650,000 + 5% decrease in price

Be sure to bookmark this page and check back often! (Just let us know if you missed an update and we can fill you in on the previous listin... [ + Read Full Article ]

News for Lake Wylie - The Sanctuary, NC - Sunday May 9th, 2010 12:32pm
Burn Baby Burn-Lake Living in Charlotte, nc




I'm not talking about disco dancing; I'm talking about the hot weather of summer! The Charlotte area offers a number of places to splash around and cool down when it feels like you're burning up.

Ray's Splash Planet is located Uptown at 215 N Sycamore St. It's a one-of-a-kind water park filled with amusement features for the kids as well as a state of the art fitness center with an aerobics and dance room, cardiovascular theater, free weights, and resistance equipment. Since the water park is owned and operated by the Mecklenburg County Park and Recreation department, there is a discount on admission and memberships for Mecklenburg County residents.

Live Broadcasting by Ustream

One of the most popular spots, the U.S. National White Water Center is located west of 485 and easily accessible by taking 85. We're proud of our white water raf... [ + Read Full Article ]
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Donna Forrest Johnston
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May 2010 (1)


Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.61%
  15 yr. jumbo rate:  3.97%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Donna Forrest Johnston
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Donna Forrest Johnston
RE/MAX Executive Realty
RE/MAX  Executive Realty

  704-517-3925




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