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I was reviewing the statistics for the Lake Norman real estate market, and thought I would share with you what I’m seeing in regards to inventory all around the greater North Mecklenburg and Lake Norman region. The chart below shows where inventories in the $100,000 to $250,000 price range have trended since the third quarter of [...] Unless the federal government decides to extend the $8000 First-Time Home Buyer tax credit, that opportunity goes away November 30, 2009. I don’t know if we’ll see an extension for the general public or not, despite the lobbying efforts of the National Association of Realtors and other large groups. I sure hope we do. However, Congress [...] As the baby boomer generation fast approaches retirement, more and more developers are figuring out that the boomers are wanting to downsize, simplify, and still have amenities like health clubs, swimming pools, and other active lifestyle opportunities. The newest Lake Norman region active adult, or “55 and Better” community is Bailey’s Glen. Located in Cornelius, North [...] |
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