Real Estate Information Archive

Blog

Displaying blog entries 1-4 of 4

You May Need To Move If The Following Conditions Exist.

by Mayes Harris Team


Most people dread the thought of moving, yet those same people love it when they move. Why? Most likely it’s an emotional attachment and nostalgia for a beloved home. It’s understandable but a home that just doesn’t fit your needs any longer can make even the most loved home uncomfortable.

Are you wondering if it’s time to move? Here are 6 telltale signs that will help you make that decision. 

1. Your Home is Too Small – One of the most common signs is you’ve outgrown your current home.  Your family has grown and the number of bedrooms and/or bathrooms have not or the storage is not there. 

2. Your Home is Too Large – Life changes and you may now be in the chapter of life known as the empty nester chapter. When that happens you might find that your home is simply too large and the maintenance is too much. Maybe you would rather take your free time to travel and relax.

3. Your Home is Too Expensive – You  may find you are spending all your extra cash and savings making repairs or in making major upgrades to suit your lifestyle.

4. The Neighborhood is Losing Value – Neighborhoods do change over time if yours is declining then it may be time to consider a move. 

5. Changing the Weather – Maybe you are finally tired of shoveling snow. A move to a warmer state could be the right move.

6. Change is Good – The last great reason to move is to try something new. A different style or location, if the home isn’t making you happy any longer, time to move.

MARKET REPORT UPDATE: MOORESVILLE'S JANUARY 2019 STATS

by Mayes Harris Team

This week we are focusing on the City of Mooresville and we are starting with the Median Sales Price for this area doing a year-over-year comparison. In 2017, the January Median Sales Price was $305,000. In 2018, that dropped by -4.9 percent to $290,000 and then in 2019, we dropped slightly by -1.4 percent to $286,000.

Next, we will take a look at the number of New Listings that came on the market in the City of Mooresville in January. We start with 2 years ago, in 2017, where we see that there were 155 new homes added to the market. In 2018, that number decreased by -9.7 percent to 140 new Listings. In 2019, we increased by +40.0 percent to 196 new Listings. 

The last statistic we will review is the January Median Days on Market. Starting in 2017, we saw 47 median days on market in January. In 2018, that number increased by +4.3 percent to 49 and in 2019, the median days on market decreased by -32.7 percent to 33 days. Quite a decrease!

 

So there you have it. A quick overview of what is happening in our local market of Davidson. If you have questions or need real estate assistance than please reach out to us. We would love to help you!!

MARKET REPORT UPDATE: MECKLENBURG COUNTY'S JANUARY 2019 STATS

by Mayes Harris Team

It has been a while since I sat down and reviewed the market statistics. We've entered a new year and so it is time. Let's review Mecklenburg County's January 2019 Stats!

Let's get started with the Median Sales Price in January. If we look back at 2017, we see a median sales price of $236,000. The following year, 2018, that price increased by +8.1 percent to $255,000. In 2019, we came down by -2.0 percent to having a median sales price of $250,000 in Mecklenburg County. More than 2 years ago, but slightly lower than 1 year ago. 


Next, we are going to review the number of New Listings that came on the market in Mecklenburg County in January. We start with 2 years ago, 2017, and see that there were 1,252 new homes that came on the market. The following year, 2018, there was a slight decrease of -2.6 percent of 1,220 new homes coming on the market. In 2019, however, there was an increase of +13.4 percent with 1,383 new homes coming on the market. Not a huge increase, but definitely more homes than in both 2017 and 2018.

Next statistic we will review is the January Median Days on Market. Starting in 2017, we saw 18 median days on market and then the following year, 2018, we saw a slight decrease of -16.7 percent with 15 median days on market. In 2019, we increased by +66.7 percent to median days on the market of 25

So there you have it. A quick overview of what is happening in our local market of Mecklenburg County. If you have questions or need real estate assistance than please reach out to us. We would love to help you!!

Exciting News For The Davidson Community!!

by Mayes Harris Team

We have patiently been awaiting a very important small business grand opening and it is finally here!! The Davidson Community welcomes Gateau on Main!!

I was so excited to share this news with my Davidson family and friends that I had to rush home and get this out right away!

They are located at 107 North Main Street, Davidson, NC 28036 and their phone number is 980.231.8167.

Make sure to set your clocks early so you can be there when the doors open at 7 AM sharp!!

Here's a couple of photos to get your appetites ready!! Can't you just envision the aroma? I sure can!!

Displaying blog entries 1-4 of 4

Syndication

Categories

Archives

Subscribe to our blog for the latest in real estate news.