Locust area’s only Golf Cart planned, Upscale Cottage Community.

This one of a kind community will feature convenient connectivity to the new Locust Town Center where shops, restaurants, banks, and many other businesses can be easily accessed. Stroll along private walking trails and enjoy 4 acres of park space with covered picnic tables. Or, take advantage of the nearby Locust City Park and Jeff Shelton Memorial Park only 1 block away. If you’re feeling competitive, horseshoe pits and bocci courts are sure to offer friendly fun. A gorgeous clubhouse with fitness room and outdoor fireplace patio will serve as a gathering place for neighbors, family and friends. The Craftsman style homes in Charleston Place will include luxurious features such as granite countertops, hardwood floors, custom cabinets, whirlpool tubs, and much more. You can even park your golf cart conveniently in your included golf cart garage. Enjoy quiet country living with the conveniences of the city in a community where neighbors are truly friends. A patio Home Community with golf cart access to the new 130 acre Locust Town Center!

Despite media reports to the contrary, real estate is still considered a sound investment and affluent consumers are confident both in the current housing market and that the value of their home has remained constant, according to a consumer research study undertaken by Architectural Digest with Sotheby’s International Realty Affiliates LLC.

In the newly commissioned survey, “Seeking an Extraordinary Lifestyle,” 85 percent of respondents agreed with the statement, “I think real estate continues to be one of the better investments a person can make.” The study further revealed:
• 72 percent of respondents believe their primary home value has remained constant or increased in value over the last 12 months (46 percent remained constant; 26 percent increased).
• Nearly two-thirds, or 63 percent, of respondents report that current conditions have “no effect” on their likelihood to sell their primary home.
• In the next year, 55 percent of the million-dollar homeowners plan to buy, sell, build or invest in a new home.
• 69% of million-dollar homeowners agree that now is a good time to add to one’s real estate holdings.
The respondents feel that the media plays a role in the perception of the current real estate market conditions. Fifty percent of respondents think the media exaggerates conditions to make the market seem worse than it is.

Source: REAL Trends

While the rest of the US is suffering from the sub-prime loan turned real estate crises turned credit crises, the market in Charlotte NC is looking great. How do we do it? We are fortunate to have come through a series of economic stress that has apparently instilled good business disciplines in all we do. Having come through the massive shift in manufacturing, agricultural and most locals were apparently more sober-minded during the housing bubble than many regions. Our housing prices did not get as high as the rest of the country dampening the affects of the negative swing, Yoo Hoo J! Housing prices are reasonable and appreciating like normal.

Charlotte and the surrounding Southern North Carolina Real Estate Market is one of the few regions in the country to whether the current real estate crises. While home owners in many regions are losing home value our home owners are doing quite well. For home buyers, the lure of cheap homes in other regions are offset by the concern that prices will continue to fall and the length of time it will it take for pricing to rebound. As one of the country’s few positive real estate markets, negative price concerns are not a factor here.