Lake Norman Real Estate and NC Homes for Sale

Today The Charlotte Observer ran yet another front-page article about our housing market “Home prices soften anew….Sales and building permits also fall, but the Charlotte market is still healthier than many in the U.S."   It’s not a bad article.  It even breaks down the sales % decline and building permit % decline by county.

However, I can’t stress enough the importance of every home buyer asking their real estate agents to do comprehensive research about the specific listing (and even subdivision if feasible) before they make an offer on a home.  Think of it as a background check of the home and its Lake Norman housing community.

For the sake of this article I am going to use Lake Norman’s Crescent Homes Community:  The Farms.  However, you can do this exact analysis on any home and community throughout the Lake Norman area and I assume throughout the country depending on the MLS data available.

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I hear it all of the time from my Lake Norman home buyers:  They simply can’t find an effective way to search for homes that are for sale in the Lake Norman area.  They try Realtor.com, all of the major national franchise sites and even local sites but simply get frustrated.  Many times they use a combination of sites just to get the information they are looking for.  Well, I am here to tell all Lake Norman area home buyers to STOP SEARCHING!

The Charlotte Regional Multiple Listing Service which encompasses Mooresville and the entire Lake Norman area, provides a home buyer system called “Gateway” that enables me to create a custom search(s) for my buyers with their own website where they can prioritize their custom list of active homes for sale, delete the ones they don’t like, make comments about the ones they do and even share information back and forth with me.   

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Okay, so I admit it, I love showing waterfront property here on Lake Norman by boat.  (The above picture is of my skipper/husband while we are waiting for my clients to arrive.) Not a bad way to spend a beautiful day! 

However, in all seriousness, it is extremely important, particularly for out-of-towners, to give waterfront buyers a tour of Lake Norman by boat after narrowing down their search a bit but BEFORE making an offer.  Here are just some of the reasons why:

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On May 5th, 2008 I listed a lovely two-story Colonial in a waterfront community on Lake Norman NC.   The house next door as well as many others in the same subdivision had been on the market for well over a year. 

The ultimate buyer of my listing saw it on May 6th (thanks to the photos on the Internet) and intended to write an offer that day but they wanted to write a contingency in for a pool which my clients and I would not accept.  On May 23, just a day after getting confirmation from the county that they could build a pool, they presented an offer.  On May 25, the final details of the offer were accepted by all.  We closed the sale successfully on June 30th.

So how did we do it during such a tough real estate market here in Lake Norman?  There was no magic involved but rather a lot of hard work, a savvy seller and just a little bit of luck:

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At the very end of a cul-de-sac in the popular Lake Norman subdivision of Northington Woods sits a lot full of dreams.  Imagine owning a 5.26 heavily wooded acres of land with its own stream in an upscale Lake Norman waterfront community! 

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