Huntington Forest in Historic Steele Creek

Huntington Forest is a beautiful, quiet community of 372 homes located in southwest Charlotte. The community is located near the intersection of Steele Creek Road (Highway 160) and York Road (Highway 49) with convenient access to I-77 and I-485. Huntington Forest is in the midst of the Steele Creek Historical Area and offers an abundance of parks, sites, and education opportunities for people of all ages.

Lake Wylie Copperhead Boat access is just 3 miles away and Lake Wylie, SC access is within easy reach. McDowell Park is just 5 miles away – a great place for picnics, hiking, and even camping. Daniel Stowe Botanical Garden is on the other side of the lake, easily reached by crossing the lake on Hwy. 49’s Buster Boyd Bridge. Carowinds is nearby, offering endless rides and amusement for the young and young-at-heart.

Weston Glen in the Heart of Ballantyne

In the heart of Ballantyne lies the community of Weston Glen. Homes in this neighborhood were built by Pulte Homes. Weston Glen is conveniently located in the Community House / Ardrey Kell area, just minutes away from I-485 and upscale shopping. This is a family friendly community, where residents can walk to all levels of public education, the YMCA, the library and public park. Amenities include a pool, baby pool, club house and playground.

Ballantyne is a 2000 acre planned community, which includes a 535 acre Corporate Park, that is located approximately 11 miles South/Southeast of Uptown Charlotte. The combination of beautiful upscale homes and attractive commercial development affords Ballantyne residents a comfortable lifestyle with many options for entertainment, dining, and employment. Ballantyne is located approximately 13 miles Southeast of Charlotte Douglas International Airport making it convenient for air travelers.

New Home Sales Increase in July

Purchases of new homes in the U.S. increased 9.6 percent in July, adding to signs that the economy is continuing to rebound from the worst recession since the 1930s. The number of houses on the market dropped to the lowest level in 16 years.

The gain in sales, together with rising purchases of existing homes and stabilizing prices, indicate the housing slump may be ending. Last month’s pace was the highest in 10 months. The median price of a new home decreased 12 percent nationally to $210,100 from $237,300 in July 2008. Sales of new homes were down 13 percent from a year earlier.

Home Prices Fall Less Than Forecast

Exerpted From Bloomberg.com

Home prices in 20 U.S. cities fell in June at a slower pace than forecast, signaling the real estate crisis that triggered the worst recession since the 1930s is dissipating.

Lower prices and government stimulus efforts have made homes more affordable to first-time buyers, spurring increases in sales that will eventually stem the slide in property values. Gains in housing and stocks will speed the process of restoring the record loss of wealth that has shackled consumer spending, which accounts for 70 percent of the economy.

Beverly Crest, SE Charlotte Community

Situated in what is perhaps one of the most convenient and popular locations in South Charlotte, Beverly Crest derives its appeal from the secluded nature of a neighborhood. Beverly Crest is located just east of the intersection of Highway 51 and Providence Road, a popular crossroads for Charlotteans.

The Beverly Crest location offers easy access to Pineville or Matthews via Hightway 51. Providence Road offers a straight drive directly to uptown Charlotte. Providence Road south intersect with I-485 which is a great way to get to other shopping areas such as Stonecrest, Blankeney, or the Ballantyne areas. Also, Highway 74 is a short distance east and the South Carolina beaches, around the east end to Concord Mills, or I-77 to get uptown.

Blakeney Greens, Traditional Neighborhood Style

Blakeney Greens is a traditional neighborhood located in Crosland’s mixed-use community of Blakeney. Blakeney Greens was the first neighborhood in the northeast part of the development with 364 homes and townhomes built by Saussy Burbank and Ryan Homes. This south Charlotte neighborhood has amenities ranging from beautiful landscaped neighborhood common areas, to a swim club to greenway trails.

The Blakeney community is located on all four quadrants of the intersection of Rea Road and Ardrey Kell Road, just two miles from a I-485 interchange. Blakeney offers a place to live where retail, offices, services and recreation are all within reach. This 270-acre multi-use development includes single-family attached and detached homes, apartment homes, retail, commercial, and office development.

Ardrey Neighborhood Features Historical Architecture

Ardrey is located just south of the Ballantyne area of South Charlotte with great access to shopping, schools, the YMCA and I-485. It is a unique neighborhood featuring historic Southern Architecture with authentic detailing. Ardrey is a “tree save” neighborhood with a total of 53 acres of common open space including 12 named parks, pool clubhouse, and a 35 acre nature preserve.

The historically authentic architecture provides Ardrey with the charm that many homeowners are seeking when looking for a neighborhood. The Homeowner’s Association provides lawn maintenance for the homes in the community. This will free up your time to pursue an active lifestyle and get the most out of living in this wonderful neighborhood in south Charlotte.

Myers Park, Charlotte’s First Planned Community

Myers Park is a well established affluent neighborhood in Charlotte. Though its boundaries were initially considered to coincide with the boundaries of the 1220-acre John Spring Myers farm, in 2008 the neighborhood comprised 2200 acres and a population of 9,809. The Myers Park neighborhood is that area bounded by Queens Road on the north; Providence Road on the east; Sharon Road on the south; and Colony, East Woodlawn and South Kings on the west.

Charlotteans today know the Myers Park neighborhood as one of the city’s prestige addresses, an area of fine homes, tree-lined streets, and curving drives. Few realize that the neighborhood’s importance extends far beyond Charlotte. Myers Park is of statewide significance because it was the home of many of the textile, banking, and utility leaders responsible for developing the Piedmont Carolinas into a major American manufacturing region in the early twentieth century.

July Residential Sales Report

Listed below are the statics for entire Carolina MLS area for home sales for the period July 6, 2009 through August 5, 2009:

Closings: 2,223; avg. LP $238,629; avg. SP $212,977; %LP/SP 89.25%

New Listings: 5,195; avg. price $272,211

Under Contract: 2,341; avg. price $226,788

Withdrawn: 1,768; avg. price $349,942

Expired Listings: 1,576; avg. price $329,840

Active Listings: 28,124; avg. price $317,893

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Home sales for the month of July increased 9.8% over June, but remain 18.3% below the sales figures for July, 2008. The comparison of the figures for June 2008/2009 indicated a deficit of 25%. The figures for July clearly show an improved housing market. A decrease of 2.6% in average sales price for July over June could be an indication that buyers are taking advantage of attractive home prices and are driving the sales figures. The average sales price is still down 7.6% from July a year ago.

Frugality Key Word for First-Time Homebuyers

Frugal first-time homebuyers are driving the new-home market with purchases of low-priced houses with no frills. Sales of new homes costing less than $200,000 jumped to 47 percent of all transactions in June nationwide, up from 39 percent in May. Homes under $200,000 accounted for almost half of the sales in the first six months of this year, the biggest share for a first half in five years.

In the Charlotte area, 62.7 percent of all closed transactions in June were for homes costing less than $190,000. This included new, as well as, resale homes. Further, sales of homes costing less than $120,000 accounted for 30.3 percent of all sales in the Charlotte MLS area. It is not clear, however, what part first-time homebuyers play in the Charlotte market because those statistics are not currently being tracked by the local MLS.

Reavencrest, Swim/Tennis Community in Ballantyne Area

Reavencrest is a wonderful family-oriented neighborhood in a convenient location on Rea Road. Stonecrest Mall, Ballantyne Commons, and Blakeney Shopping Center are just minutes away. The community is just off I-485, so getting to the airport or Uptown Charlotte is a snap.

At Reavencrest, your family will enjoy great schools, and an abundance of shopping and dining. The community features a Club House, Playground, Pool, Recreation Area, and Tennis Courts so that the whole family can get the most out of the neighborhood livestyle.

Available homes in Reavencrest range from 1600 to 3000 square feet of heated living area and are priced from the low $200’s to the low $300’s.

Elementary School: Polo Ridge
Middle School: J.M. Robinson
High School: Adrey Kell

View available homes for sale with area map of Reavencrest

Search for homes for sale along with area maps of Charlotte

Contact Chuck Webb, Wilkinson & Associates, www.ChuckWebb.net, 704-724-2454

Cotswold Neighborhood in SE Charlotte

The Cotswold neighborhood of Charlotte takes its name from a large shopping center, Cotswold Shopping Center, located at the intersection of Randolph and Sharon Amity Roads. Originally known as Cotswold Mall, it was Charlotte’s first suburban mall. Cotswold has emerged as one of the nicer areas for living and shopping with close proximity to Uptown, SouthPark Mall, and offers family-oriented amenities like numerous churches, great schools, and parks nearby.