Foxcroft Round Up: July 2019
Has Charlotte Luxury Real Estate Market Peaked?
Not yet…but growth is slowing and even negative in some locations/price points. Below are 6-month Luxury ($500K+) results for Charlotte, Union County and Lake Norman by 2 measures: 1. # of Luxury Homes Sold, 2. $ Sold Per Sq Ft
1. # OF LUXURY HOMES SOLD
# of Charlotte Luxury Homes Sold Sales increased 6% from 871 to 900
All 3 Charlotte Luxury segments grew:
- $1- $2M segment led the way – jumping 19% to 191 sales.
- $500K – $999K grew 3% tempered by relatively low home supply of 4 months.
- $2M+ grew a healthy 10% with 34 closings – an all-time high.
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Tennis Anyone? 7 Homes with Private Courts
Luxury Defined showcases some of the world’s most sought-after homes with tennis courts—so keep your eye on the ball. Read More
Curious about the Current Market Condition in Myers Park?
I’d enjoy providing you with any information about the market in your neighborhood and the home selling process so that you can make the most informed decision about how to proceed.
Grand Slam: A Guide to the Top Tennis Tournaments and Events
These four major tennis tournaments exude tradition and unique character.
Wimbledon, the oldest and perhaps most prestigious tennis tournament in the world, is the place where a crowd featuring tennis fans, royals, and boys in blazers feasting on strawberries and cream can watch the likes of…. Read More
Improve Your Indoor Air Quality With These 6 Surprising Strategies
When you’re outdoors, you’re exposed to all kinds of air pollution. But thank goodness, once you come indoors, your home’s air quality is much better, right? Not necessarily. According to the EPA, the concentrations of some pollutants are often two to five times higher than typical outdoor concentrations. Read More
I Declare! Georgia Mansion That Inspired ‘Gone With the Wind’ Movie Is Up for Sale
Fans of “Gone With the Wind” gone wild! At least, that’s what we expect might happen once news catches on that one of the homes that inspired this epic award-winning 1939 film has gone up for auction—and for a potential pittance, with a starting bid of $1 million. Read More