Lake Norman Real Estate and NC Homes for Sale

It probably does not surprise you that the Lake Norman real estate market is still feeling the affects of our serious national economic challenges as well as the struggling housing markets throughout the U.S. both emotionally and statistically. 

To give you some real examples, I currently have about 20 extremely well-qualified buyers relocating to the Lake Norman area from throughout the country ranging in price from the $200,000’s up to $5 million.  About one third are waiting for their homes to sell before they purchase their Lake Norman home but plan to move here as soon as possible once their home sells.  The rest of my buyers are able to buy at anytime.  They are either in the final stages of deciding whether to buy a home in Lake Norman or they are waiting to see signs that our market has hit bottom and/or the U.S economy has stabilized. 

It is very important for everyone in the Lake Norman area, whether business owners or home owners, to understand that we have a very strong pipeline of future buyers and people planning to relocate here.  Our future is truly very bright, we just have to be patient! 

IMPORTANT FINDINGS

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One of the most common questions I am asked, especially by my buyers relocating to the Lake Norman Area, is whether we have flooding, particularly our watarfront properties.

Another question, although not as prevalent these days as it was a year ago when Lake Norman’s water levels were quite low, is about our drought.

About Lake Norman’s Water Levels

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LAKE NORMAN RESIDENTIAL REAL ESTATE HOT SHEET

September 26, 2008 

My sixth bi-monthly Lake Norman Friday Hot Sheet is here! 

Above is a chart with our Friday’s “hot sheet” numbers from the Charlotte Multiple Listing Services for all single family homes in Lake Norman (area 13).  For comparison, I have provided numbers from two weeks ago and earlier this year.  Here are some highlights:

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For home buyers 55+ years old looking for a retirement home in a small Lake Norman  housing community, The Villages at Isle of Pines  just may be exactly what you are looking for, especially if you want new construction and are not ready to compromise on the size and sense of privacy and independence!

The Villages at Isle of Pines is a new construction, age qualified (55+) community nestled in the heart of Lake Norman’s Brawley School Peninsula.  They offer 7 single family home floor plans on 24 2/3-acre home sites that range in size from 1517 to 2694 square feet and offer 3 or 4 bedrooms and 2-3 car garages. 

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With approximately 100 home sites, the new Orleans development Chesapeake Pointe located down Isle of Pines in Mooresville is one of Lake Norman’s larger new construction home sites on the east side of the lake.  The completed roads wander through the forest of trees from Isle of Pines to the North Shore waterfront subdivision.  The up to 1 acre home sites are literally carved out of the trees.  It’s hard to tell since it is brand new just how many trees will remain once completed but I’m hoping it will retain it’s private, woodsy feel.

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