Market Statistics for Lake Park NC Townhomes & Condos in Union County

* Based on Lake Park NC townhomes and condos sold and closed.

Number
Properties Sold

Average # of
Bedrooms

Average # of
Baths

Average
Square
Feet
(SF
)
Average
List
Price
(LP)

Average
LP/SF
Average
Selling Price
(SP)

Average
SP/SF
Average
SP/LP
Average
Days
on
Market
2011 (thru 06-30-11) 5 2 2 1,380 $105,540 $77.98 $103,800 $76.80 98% 220
2010
12 2 3 1,671 $123,825 $74.70 $120,675 $72.79 98% 178
2009 10 2 2 1,710 $140,690 $83.98 $135,980 $81.13 97% 116
2008 14 2 2 1,495 $145,128 $100.38 $139,200 $96.17 96% 62
2007 23 2 2 1,457 $137,600 $96.85 $134,810 $94.82 98% 39

Source: Carolina Multiple Listing Services, Inc. (CMLS). Information is deemed reliable but not guaranteed.

Visit the following web pages for more on Lake Park NC Homes, Townhomes & Condos and Charlotte NC Homes:

Lake Park NC Home, Townhome & Condo Page

NC Charlotte Home Page

Call me for your Charlotte Real Estate needs:

Wendy Richards
Keller Williams Realty
Charlotte NC
704.604.6115
wendy@NCCharlotteHomes.com

Pictures of Downtown Waxhaw, North Carolina

If you are looking to buy a home or sell a house in Waxhaw NC I would love the opportunity to earn your business! Give me a call, send me an email or visit my website at www.NCCharlotteHomes.com!


Wendy Richards
Charlotte NC REALTOR®
wendy@NCCharlotteHomes.com
Mobile/Direct – 704.604-6115

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Pictures of Lake Park, North Carolina

If you are looking to buy a home or sell a house in Lake Park NC I would love the opportunity to earn your business! Give me a call, send me an email or visit my website at www.NCCharlotteHomes.com!


Wendy Richards
Charlotte NC REALTOR®
wendy@NCCharlotteHomes.com
Mobile/Direct – 704.604-6115

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Pictures of Beautiful Downtown Concord, North Carolina

If you are looking to buy a home or sell a house in Concord NC I would love the opportunity to earn your business! Give me a call, send me an email or visit my website at www.NCCharlotteHomes.com!


Wendy Richards
Charlotte NC REALTOR®
wendy@NCCharlotteHomes.com
Mobile/Direct – 704.604-6115

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Mobile/Direct – 704.604-6115

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Tips: Using Real Estate Photography to Sell Charlotte NC Homes

Lake Park NC HomeA good photo can make the difference between selling a Charlotte NC house or having a house languish on the market. This knowledge is especially important for real estate agents in a poor housing market. Prospective Charlotte NC home buyers will determine whether a house is worth their time based on the pictures. A Charlotte NC real estate agent will need to learn some good photography tips for successful home marketing.

Wendy Richards, Charlotte NC REALTOR®, provides helpful hints to real estate photographers. Some of those photography tips include shooting in sunlight, avoiding glare, making sure to focus attention on the most attractive rooms in a home, and standing still. Other tips include making sure an agent takes photos in the order they should appear on the home listing and getting a home cleaned up and rearranged to make it more attractive. Be clear with sellers that the home is on sale, not the things inside it.

It is important to take pictures of a home’s exterior on a sunny day. Also, agents should take pictures of any part of the house during the day, but not early in the morning or late in the afternoon. This is because at these times, glare is a problem and will affect the quality of the shot.

Standing still while taking a photo will make it less susceptible to blurriness and dark spots. If a photo comes out dark or blurry it should not be used on a listing. As an agent is taking these photos they should keep in mind the order in which those photos will appear on a website. One does not need to worry about taking too many pictures. The best ones can be selected at a later point.

Sometimes sellers will not have their home arranged in the most photogenic way. In this case, an agent will want to help get the home looking nicer. Agents can do this by suggesting home owners clear off the tops of the counters, fold towels, removing items from the front of the refrigerator, and if necessary, rearranging the furniture.

It is important, however, that home owners realize their home is not being criticized. It is also important for them to recognize that the items in their home are not being judged. It is the home itself that they are selliing…

If you or someone you know is planning to sell their home I would love to help… 🙂

Wendy Richards
Charlotte NC REALTOR ®
wendy@NCCharlotteHomes.com
704.604.6115

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charlotte nc home search

Wendy Richards
Charlotte NC REALTOR®
wendy@NCCharlotteHome.com
704-604-6115

Charlotte NC Home Search – Search Metro Charlotte NC by City


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Attention:  Charlotte NC Home Seekers: Looking for active MLS listings in your area right now? Download my iPhone App and find your dream home now using dynamic map search tools. Be sure to use the “IDX Agent Code” of 7394.  This will get you immediate access to all the active MLS listings in the Charlotte NC service area.

Wendy Richards
Charlotte NC REALTOR®
wendy@NCCharlotteHomes.com
www.NCCharlotteHomes.com
704-604-6115

7394

Charlotte NC Home Loan Update: 30-Year Mortgages Fall To 4.19%

It’s been sixty years in the making, but average Charlotte NC home mortgage rates on 30-year fixed-rate mortgages have gone to a new low.  Harry S. Truman was President when Charlotte NC home mortgages were last this low.  According to Freddie Mac’s weekly rate report, rates which were at 4.27% last week are now at an average 4.19%.  These are the lowest numbers since 1951. That, according to Federal Housing Administration data which dates back to 1948.

The fixed-rate average for a 15-year mortgage is also at a record low of 3.62 percent this week. For the 30-year mortgage, this is 23 consecutive weeks below the 5 percent level.

Charlotte NC Home Mortgage RatesThose low rates have prompted a new wave of refinancing in Charlotte NC. Conventional mortgage applications had their strongest increase since April 2009;  jumping 24% last week, based on data from the Mortgage Bankers Association.

Last Thursday, North Carolina’s residential foreclosures were up 34 percent from last year’s third quarter and were up 9.3 percent from this year’s (2010) second quarter. The state shows that around 13,180 homes were in a stage of the foreclosure process in the third quarter of the year. According to RealtyTrac, Inc., that is one in every 329 homes. The North Carolina filings rank the state as 32nd in the nation for foreclosures.

Across the nation – scheduled auctions and bank repossessions along with default notices – were reported to have impacted 930,437 properties in the third quarter of 2010. Although that is a 1 percent decline from 2009’s third quarter, it is a 4 percent increase from the previous quarter of this year. One out of every 139 housing units in the U.S. were given a foreclosure filing in this latest quarter.

Looking for a Charlotte NC Home to take advantage of the GREAT mortgage rates?  Give us a call!  🙂

Wendy Richards
Charlotte NC REALTOR®
704-604-6115
wendy@NCCharlotteHomes.com
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