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4 Reasons to Sell This Fall

by Mayes Harris Team

Traditional lore says that the best time to list your home for sale is spring and if it hasn’t sold by the end of summer, you’re out of luck. Along the same lines, homeowners across the country are often advised not to list in the fall and wait until after the holidays to list. The truth is that a great home will sell at any time of year and in fact there are some very good reasons to list in the fall, while everyone else is busy doing other activities.

4 Reasons to Sell this Fall

  1. Less Competition – As mentioned above, most sellers list in spring so as a seller, fall provides you less competition which increases the opportunity for buyers to view your home.
  2. Serious Buyers – Home buyers in fall often have a timeline to move before the holidays. They tend to take the home search seriously and move to write offers faster and avoid wasting time.
  3. Curb Appeal – Fall is a beautiful time of year and homes always seem cozier
  4. as the weather turns. Fall colors in the trees and the scent of baking entice buyers to feel “at home” which encourages offers.
  5. Closing is Easier – The pace of home sales slows during the fall; as such lenders can move faster and the process tends to take less time.

The last and best reason to sell this fall is that it’s the right time for you and your plans. Regardless of whether you are relocating, moving up or scaling down, if this is the right time to sell, then this is the best time to sell.

Mecklenburg County Halloween Events

by Mayes Harris Team

So much for families to do in Mecklenburg County during this Halloween season. Let's take a look at what's coming up in our area!

Halloween Costume Party & Contest
Friday, October 18th
Hunter House and Gardens
412 S Old Statesville Rd., Huntersville, NC 28078
(704) 891-1913
Firepit reservations costs $25

On Friday October 18th you are invited to a kid’s Harry Potter Inspired Halloween Party & Movie! There will be treats for the little ones & games to play, ending the evening with a free showing of Harry Potter & the Half Blood Prince on a giant 28ft outdoor movie screen! Reserve a firepit, grab a blanket, gather your ghosties & ghouls and join in! The movie is free, no outside alcohol of any kind is allowed on property. Firepit reservations are $25


Spooky Tales in the Dark
October 25, 2019 - October 26, 2019
Recurring daily
Historic Latta Plantation
5225 Sample Road/Huntersville, NC 28078
(704) 875-2312

Spooky Tales in the Dark

Experience a spooky candlelight tour in the dark at Historic Latta Plantation! For three very special evenings, they're offering spine chilling tours throughout the historic home and kitchen house; followed by hot cider and cookies fireside. Throughout the tour, guests will listen to first hand accounts of ghostly tales from present and past staff, volunteers, and visitors.

Tour dates are Friday, October 18, Friday, October 25 and Saturday, October 26. Each tour begins on the hour at either 6 pm , 7 pm, 8 pm, or 9 pm. Pre-registration is required and the cost is $20 per person. Members receive your 10% discount by calling 704-875-2312 to register or stop by the museum. We are unable to offer refunds for workshops and classes unless the session is cancelled or rescheduled.


Boatyard Beer Fest
October 19, 2019
BoatYard Eats
18418 Statesville Rd./Cornelius, NC 28031
1:00 PM to 6:00 PM

1st BoatYard Beer Fest ever on Oct. 19th! Come check out some of your favorite breweries & bring the kids along for some fun kids activities!!


Halloween in Huntersville
October 19, 2019
Huntersville Recreation Center
11836 Verhoeff Drive/Huntersville, NC 28078
(704) 875-6541
4:00 PM to 7:00 PM

FREE entertainment including balloon twisters, airbrush tattoos, bounce houses, & local craft vendors. Food trucks will have food available for purchase. Come inside the rec center for Dracula dodgeball, balling with the boogieman, arts & crafts and a maze!

Halloween Egg Dash! 23,000 black and orange eggs filled with candy! Ages and timeframes:
*Ages 1-3: 4:15pm
*Ages 4-6: 4:30pm
Ages 7-9: 4:45pm
Ages 10-14: 5:00pm
*one parent/guardian per child is allowed on the field

The annual costume contest starting at 5:30pm will award one participant in each of the following categories: Cutest Baby (age 1 and under), Best Costume (ages 1-3, 4-6, 7-9, 10-13, 14-17), Best Superhero, Best Disney Character, Best Homemade Costume, Best Adult Costume (ages 18+), and Best Family Costume.


Halloween Havoc Costume Party!
October 19, 2019
Tropicana Sports Bar
19732 W Catawba Ave /Cornelius, NC 28031
(704) 502-7629
10:00 PM to 2:00 AM

LAKE NORMAN’S Halloween Havoc Costume Party at Tropicana Sat Oct 19th 10pm till 2am.

Live Music featuring Ryan Trotti

Costume Contest!!!

No Cover & Free Parking


Fall Fest 2019 Beer Festival
October 20, 2019
Jetton Village
19818 North Cove Road/Cornelius, NC 28031
(704) 663-7779
1:00 PM to 7:00 PM

Cornelius Drafthouse and Bottle Shop and Harvey's Cornelius are at it again.  Annual Craft Beer Fall Fest!  Can't wait to share the bands!  Also have food trucks on site, 12 breweries, Ciders, Wine and Craft Vendors.  Don't miss some of the great seasonal beers during the BEST SEASON for Craft Beer!   Combine Oktoberfest with Fall Seasonals and you can't get any better than that!    

Free to Public and portion of proceeds go to the Lake Norman Kiwanis Club to help with local children's needs as well as scholarships and leadership efforts for kids in the Lake Norman Area!  


Davidson's Halloween March
October 25, 2019
216 S Main Street
216 S Main Street/Davidson, NC 28036
(704) 892-7591
5:00 PM

The Town of Davidson will celebrate the Halloween season on Friday, October 25 starting at 5:00 p.m. with the traditional Halloween March along Main Street. Families should line up at town hall to parade along main street to receive treats from merchants and organizations.

Special thanks to the Davidson merchants and businesses for supporting this great event. We look forward to seeing you in costume!

Regular Halloween trick-or-treating around town will still take place on October 31.


Halloween Daze & Spooky Knights
Carolina Renaissance Festival
October 26, 2019 - October 27, 2019
Recurring daily
Carolina Renaissance Festival
16445 Poplar Tent Road/Huntersville, NC 28078
704-896-5555
10:00 AM to 5:30 PM

Already the Carolinas' largest costume party, the Carolina Renaissance Festival becomes the place to celebrate Halloween!  Enjoy FREE Child Admission with no coupon required for all children 12 and under.  

Children and parents alike enjoy the fun and safe trick or treating experience with free treats to be found at over 100 locations throughout the Festival Village.  And don't miss the children's Halloween Treasure Hunt with Treasure Chest filled with prizes!  Stop by the 107.9 The Link display outside the front gate to pick up your treat bags and treasure maps provided free to children each day, while supplies last.

Win Free Tickets for a Return Visit (and other prizes too)!  Children and adults are also encouraged to show off their Halloween costumes and enter the Halloween Costume Contest!  All costumes are welcome! Contest times TBD at The Haven (beyond the Edgewood Theatre) Huzzah!

In addition, a full day of regular Festival entertainment is complimented by the Knights of the Living Dead zombie jousting challenge happening three times daily throughout Halloween weekend.  And don't forget, the Festival is a great place to buy your Halloween costume or costume accessories!

Market Report Update: Mecklenburg County's September 2019 Stats

by Mayes Harris Team

We have exited Summer and now are turning the page on yet another month on the calendar. This time we begin by reviewing Mecklenburg County's September 2019 Stats.

Let's dive a little farther than this starting with the Median Sales Price in SEPTEMBER. If we look back at 2017, we see a median sales price of $230,000. The following year, 2018, that price increased by +7.3 percent to $246,750. In 2019, we increased again by +9.4 percent to a median sales price of $270,000 in Mecklenburg County.

 

Next, we are going to review the number of New Listings that came on the market in Mecklenburg County in SEPTEMBER. We start with 2 years ago, 2017, and see that there were 2,189 new homes that came on the market. The following year, 2018, there was a decrease of -12.4 percent with 1,918 new homes coming on the market. This year, 2019, there was an increase of -+6.3 percent with 2,039 homes coming on the market.

The next statistic we will review is the SEPTEMBER Median Days on Market. Starting in 2017, we saw 10 median days on the market and then the following year, 2018, we increased by +20 percent to 12 median days on the market. In 2019, we increased by +8.3 percent to 13 median days on the market.

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!!

Home Sales Slip As Summer Winds Down

by Mayes Harris Team

The brokerage I work for, RE/MAX,  has taken a look at the national real estate trends for August. I thought I'd share that with you today.

Here's the full report -

August 2019 existing home sales slipped 1.6% from a year ago, despite buyer demand exceeding available housing supply, according to the RE/MAX National Housing Report. Following July’s year-over-year sales increase of 2.3%, the slight August decline marks the sixth month of 2019 that produced fewer sales than 2018.
 
Buyer demand outpaced homes listed for sale in August, causing the largest inventory decline in 13 months. An analysis of the report's 53 metro areas shows August inventory shrank 5.5% year-over-year, the largest drop since 7.8% in July 2018. August’s inventory contraction followed July’s year-over-year inventory decline of 1.5% after nine consecutive months of year-over-year inventory growth. Months Supply of Inventory decreased to 2.8 compared to 2.9 in July 2019 and eclipsed the previous August low in the report’s 11-year history.
 
“The modest inventory growth that started last fall has been swallowed up by demand as buyers have returned to the market, likely spurred on by attractive interest rates,” said RE/MAX CEO Adam Contos. “Home sales dipping at the same time inventory falls suggests there may have been some reluctance on the part of sellers to list their homes. Nevertheless, demand is again ahead of supply, extending the favorable seller’s market that has been in place for several years.”
 
Inventory has remained below four months in 39 of the last 42 months, dating back to March 2016. Six months is considered a market balanced between sellers and buyers.  
 
Homes moved quickly and August saw a year-over-year price increase of 5.7%, further evidence of buyer demand. The August Days on Market total of 44 represented the second-fastest pace of August home sales in the report’s history. The previous record was set last August, when homes sold in an average of 43 days.
 
August weighed in as the eighth consecutive month of year-over-year price growth as the Median Sales Price rose to $263,000. Going back to February 2012, prices have increased year over year in 89 of the past 91 months.
 
Despite the favorable conditions for sellers, there were still a few encouraging signs for buyers in the last of 2019’s peak months for home sales:  

While home prices typically decline from July to August, the decrease of 3.6% was the steepest drop-off in report history from July to August.

Despite August’s significant year-over-year inventory shrinkage, the seasonal decline in inventory from July-to-August of 3.9% is on par with the 3.7% average since the RE/MAX National Housing Report began in August 2008.

 
Closed Transactions
Of the 53 metro areas surveyed in August 2019, the overall average number of home sales is down
4.2% compared to July 2019, and down 1.6% compared to August 2018. Leading the month-over-month sales percentage decrease were Miami, FL at -13.5%, Dover, NH at -13.1%, and Washington, D.C. at -10.3%.
 
Median Sales Price – Median of 53 metro median prices
In August 2019, the median of all 53 metro Median Sales Prices was $263,000, down 3.6% from July 2019, and up 5.7% from August 2018. Two metro areas saw a year-over-year decrease in Median Sales Price: San Francisco, CA at -3.2% and Wichita, KS at -1.2%. Six metro areas increased year-over-year by double-digit percentages, with the largest increases seen in Birmingham, AL at +13.2%, Milwaukee, WI at +11.3%, and Manchester, NH at +11.2%.
 
Days on Market – Average of 53 metro areas
The average Days on Market for homes sold in August 2019 was 44, up one day from the average in July 2019, and up one day from the August 2018 average. The metro areas with the lowest Days on Market were Omaha, NE at 19, Cincinnati, OH at 25, and Nashville, TN at 28. The highest Days on Market averages were in Des Moines, IA at 95, Miami, FL at 79, and Hartford, CT at 75. Days on Market is the number of days between when a home is first listed in an MLS and a sales contract is signed.
 
Months Supply of Inventory – Average of 53 metro areas
The number of homes for sale in August 2019 was down 3.9% from July 2019 and down 5.5% from August 2018. Based on the rate of home sales in August 2019, the Months Supply of Inventory was 2.8, a decrease compared to 2.9 in July 2019 and 3.5 in August 2018. A six months supply indicates a market balanced equally between buyers and sellers. In August 2019, of the 53 metro areas surveyed, only Miami, FL, at 6.9, reported a months supply at or over six, which is typically considered a buyer’s market. The markets with the lowest Months Supply of Inventory were Phoenix, AZ and Manchester, NH, both at 1.5.
 

Here Is Some Weekend Fun Coming Up For Mecklenburg County!

by Mayes Harris Team

There's so much to do this weekend in Mecklenburg County that it will be hard to decide which to choose from, but here's what we found and would like to share with you!

MECKLENBURG COUNTY WEEKEND EVENTS -

SEP 28TH from 1 PM to 5 PM
Freedom Boat Club of Lake Norman, 17505 W. Catawba Ave., Cornelius, NC
END OF SUMMER LAKE BASH!!
DETAILS

SEP 28TH from 2 PM to 8 PM
Oak Street Mill, 19725 Oak Street, Cornelius, NC
TAWBA WALK ARTS & MUSIC FESTIVAL
DETAILS

SEP 28TH from 6 PM to 10 PM
D9 Brewing Company, 11138-C Treynorth Drive, Cornelius, NC
LKN SUMMER CONCERT SERIES
DETAILS

SEP 28TH starting at 9 AM
442 South Main Street, Davidson, NC
DAVIDSON FARMER'S MARKET
DETAILS 

SEP 28TH from 8 AM to 12 PM
7930 W. Kenton Circle, Suite 100, Huntersville, NC
HACKER HUSTLE 8K/5K and FUN RUN
DETAILS 

SEP 28TH starting at 8 AM
Rural Hill, 4431 Neck Road, Huntersville, NC  
INSANE INFLATABLE 5K RACE
DETAILS 

SEP 28TH from 11 AM to 4 PM
10325 Hambright Rd, Huntersville, NC
ALPACA FIESTA
DETAILS

SEP 28TH from 5:00 PM to 10:00 PM
Lake Norman Wildlife Conservationists - LNWC
138 Village View Drive, Mooresville, NC
LNWC OYSTER & SHRIMP FESTIVAL 2019
DETAILS

SEP 29TH from 11 AM to 2 PM
Midwood Smokehouse, 16710 Birkdale Commons Parkway, Huntersville, NC
POOCHES ON THE PATIO!
DETAILS

Enjoy and wear comfortable shoes!!

A Fun Mooresville Fall Activity For The WHOLE Family!!

by Mayes Harris Team

Carrigan Farms is family owned and operated. Just like my family, they’ve been native to the area for over 100 years and they’ve been farming that long as well! In the Summer, you’ll find fresh produce and this time of year, in the Fall, you’ll be able to pick your own apples, take a hayride, night or day, and if you dare, walk the Haunted Trail!! Let's learn some more about this wonderful venue.

The Haunted Trail opens up in October and asks visitors to be prepared for Scarrigan Farms to get their hearts pumping!! The farm transforms its 170 acres into the scariest haunted trail in the region!! This is not designed for those under 12 years old and that tells you something about it to begin with. Definitely bring your courage when you come. Tickets begin being sold at 6:30 pm and they close based on attendance.

Arrival times are suggested as follows:
Arrive before 9 pm on Thursdays.
Arrive before 10 pm on Fridays.
Arrive before 11 pm on Saturdays.
Arrive before 9 pm on Sundays.

Pick your own apples begins on September 7th and runs through the month of September. They are open each weekend, Saturday and Sunday, from 9 am to 4 pm. The cost is $11 per person and includes a hayride to the orchard as well as a half peck bag of apples for each person.

You can also come during the week and ride the apple hayrides on Tuesday, Wednesday or Thursday at 2 pm, 3 pm or 4 pm. This begins the week of September 10th and lasts throughout the month of September.

Do beware that they only accept cash or checks. There are no exceptions.

In October you can pick your own pumpkins. There will be hayrides to the pumpkin patch too!

Maybe you would like to try out the hayrides at night. This activity happens during the months of September, October and November. Reservations are required. These rides are 45 minutes long and accommodate up to 30 people. A bonfire will be provided for roasting marshmallows and hot dogs. The nighttime hayrides being at 6 pm and are scheduled on the hour until 9 pm and the cost is $12 per person with a 12-person minimum. Kids under the age of 2 are free.

Fieldtrips are welcomed and are popular with preschool through second graders. The kids will learn about farm life through exploring various topics. During the month of September the tour includes apple picking and in October pumpkin picking is included.

Learn more about the farm by visiting their WEBSITE.

 

Market Report Update: Mecklenburg County's August 2019 Stats

by Mayes Harris Team

It is time once again to take a look back at yet another page on the calendar. This month we begin by reviewing Mecklenburg County's August 2019 Stats.

Let's dive a little farther than this starting with the Median Sales Price in AUGUST. If we look back at 2017, we see a median sales price of $250,000. The following year, 2018, that price increased by +11.5 percent to $278,750. In 2019, we increased again by +4.0 percent to a median sales price of $290,000 in Mecklenburg County.

Next, we are going to review the number of New Listings that came on the market in Mecklenburg County in AUGUST. We start with 2 years ago, 2017, and see that there were 1,705 new homes that came on the market. The following year, 2018, there was a decrease of -1.9 percent with 1,673 new homes coming on the market. This year, 2019, there was an increase of -+7.2 percent with 1,794 homes coming on the market.

The next statistic we will review is the AUGUST Median Days on Market. Starting in 2017, we saw 8 median days on the market and then the following year, 2018, we increased by +37.5 percent to 11 median days on the market. In 2019, we increased by +18.2 percent to 13 median days on the market.

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!!

What does Move In Ready really mean?

by Mayes Harris Team

If you’ve been searching for a new home no doubt you’ve seen the term, “move-in ready.” This description sounds very appealing, but understanding what it actually means is important so you have the right expectations when arranging your home listing tour.

First, it’s important to remember that the descriptions in real estate Listings are written by the listing agent or broker. There is no set industry standard for what agents can say in their listings. While there are guidelines and rules which prevent blatant lying, most home buyers have become aware of the fluffy language used to market a home for sale.

The meaning of “move-in ready” is fairly straightforward; it means that the home is in a condition which is acceptable for immediate occupancy. The home meets the standards of living and assures the buyer that the essential elements needed to occupy the home are present and in running condition. For example, the home should have working plumbing, appliances, sound roof, electricity, gas and locking doors and windows.

What “move-in ready” does not necessarily mean is that the home is in pristine condition. A home that is “move-in ready” might still need significant updating and while systems are assumed to be operational, they might still be old or outdated.

“Move-in ready” is a common phrase in real estate Listings. Understanding that the home might still need quite a bit of work to suit your taste and lifestyle, you can approach the listing with realistic expectations and determine if the property is the right fit for your needs. Contact us if you have questions or need real estate assistance.

The Mayes Harris Team of RE/MAX Executive once again welcomed back the faculty of Davidson Elementary, Bailey Middle School and William A. Hough High School. We love hosting these welcome back luncheons with giveaways such as flash drives, pens, calendars, lunches and more every year!! It is our way of paying it forward to some of the most important people in the community who have an awesome task of molding our future generation.

We thought we would share our experience through these videos we created. The first video shows the first two luncheons. One was with William A. Hough High School on August 16th and the other was with Bailey Middle School on August 19th.

The last one we hosted was on Thursday, August 22nd and that was for the Davidson Elementary faculty.

We really LOVE this part of our job and it is something we continually look forward to.

Market Report Update: Mecklenburg County's July 2019 Stats

by Mayes Harris Team

It is time once again to take a look back at yet another page on the calendar. This month we begin by reviewing Mecklenburg County's July 2019 Stats.

Let's dive a little farther than this starting with the Median Sales Price in July. If we look back at 2017, we see a median sales price of $264.900. The following year, 2018, that price increased by +3.4 percent to $274,000. In 2019, we increased again by +11.3 percent to a median sales price of $305,000 in Mecklenburg County.

Next, we are going to review the number of New Listings that came on the market in Mecklenburg County in July. We start with 2 years ago, 2017, and see that there were 1,764 new homes that came on the market. The following year, 2018, there was a decrease of -3.7 percent with 1,698 new homes coming on the market. This year, 2019, there was a slight increase of -+1.0 percent with only 1,715 homes coming on the market.

The next statistic we will review is the July Median Days on Market. Starting in 2017, we saw 8 median days on the market and then the following year, 2018, we increased by +12.5 percent to 9 median days on the market. In 2019, we increased by +33.3 percent to 12 median days on the market.

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!!

Displaying blog entries 1-10 of 251

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