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Uptown & Downtown Charlotte July 2011 Foreclosed and Short Sale Condos
Posted On: July 1, 2011 By: michael
| Address | Type | Complex | Price | Info | |
| 322 W Tenth ST # 322 | Short Sale/Subject to Lender Approval | 10th Avenue Townhomes | $290,000 | Metrovillage Properties LLC| 916159 | Active |  |
| 626 N Graham ST # 311 | Short Sale/Subject to Lender Approval | 626 North Graham | $99,000 | Allen Tate Company| 2015923 | Active | |
| 715 N Church ST # 702 | Relocation | 715 North Church Street | $139,900 | Allen Tate Company| 947067 | Active | |
| 210 Church ST # 1702 | Short Sale/Subject to Lender Approval | Avenue Condominiums | $359,900 | RE/MAX Executive Realty| 2009022 | Conditional | |
| 210 N Church ST # 3010 | Short Sale/Subject to Lender Approval | Avenue Condominiums | $185,000 | Keller Williams South Park| 2010248 | Active | |
| 210 N Church ST # 1915 | Relocation | Avenue Condominiums | $319,900 | CottinghamChalkHayes, Realtors| 2001945 | Active | |
| 325 S Clarkson ST | Short Sale/Subject to Lender Approval | Clarkson Place | $240,000 | HM Properties| 863879 | Active | |
| 525 6th ST # 317 | Short Sale/Subject to Lender Approval | Court 6 | $99,900 | Carolinas Metro Realty| 2009442 | Active | |
| 505 6th ST # 402 | Short Sale/Subject to Lender Approval | Courtside | $145,000 | Keller Williams South Park| 2010855 | Active | |
| 300 W Fifth ST # 728 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $199,000 | Kerestan Realty| 985102 | Conditional | |
| 300 W Fifth ST # 624 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $220,000 | Keller Williams University Cty| 912387 | Conditional | |
| 300 5th ST # 621 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $140,000 | Allen Tate Company| 2010519 | Active | |
| 300 5th ST # 515 | REO/Lender Owned | Fifth and Poplar | $154,900 | Benham Real Estate Group, Inc.| 987798 | Active | |
| 300 W 5th ST # 615 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $175,000 | Carolina Realty Advisors| 2002931 | Active | |
| 300 W 5th ST # 207 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $189,900 | Allen Tate Company| 2009031 | Active | |
| 922 E 8th ST # 922 | Relocation | M Street | $219,000 | Allen Tate Company| 2010406 | Active | |
| 947 Hill ST # 947 | REO/Lender Owned | The Gallery Lofts | $225,000 | My Townhome| 987710 | Active | |
| 773 Garden District DR # 773 | Short Sale/Subject to Lender Approval | Tivoli | $169,000 | RE/MAX Executive Realty| 2004486 | Active | |
| 333 W Trade ST # 1808 | Relocation,Short Sale/Subject to Lender Approval | Trademark | $239,000 | Allen Tate Company| 971229 | Conditional | |
| 333 W Trade ST # 2201 | REO/Lender Owned | Trademark | $139,900 | RE/MAX Executive Realty| 995301 | Conditional | |
| 333 W Trade ST # 1508 | Short Sale/Subject to Lender Approval | Trademark | $239,000 | RE/MAX Executive Realty| 974549 | Conditional | |
|
The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Michael Cook, Wilkinson and Associates nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers — personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2010 Carolina Multiple Listing Services, Inc. |
Category: Distressed Properties
Uptown & Downtown Charlotte June 2011 Foreclosed and Short Sale Condos
Posted On: June 15, 2011 By: michael
| Address | Type | Complex | Price | Info | |
| 322 W Tenth ST # 322 | Short Sale/Subject to Lender Approval | 10th Avenue Townhomes | $290,000 | Metrovillage Properties LLC| 916159 | Active | |
| 626 N Graham ST # 311 | Short Sale/Subject to Lender Approval | 626 North Graham | $99,000 | Allen Tate Company| 2015923 | Active | |
| 715 N Church ST # 702 | Relocation | 715 North Church Street | $139,900 | Allen Tate Company| 947067 | Active | |
| 210 Church ST # 1702 | Short Sale/Subject to Lender Approval | Avenue Condominiums | $359,900 | RE/MAX Executive Realty| 2009022 | Conditional | |
| 210 N Church ST # 3010 | Short Sale/Subject to Lender Approval | Avenue Condominiums | $185,000 | Keller Williams South Park| 2010248 | Active | |
| 210 N Church ST # 1915 | Relocation | Avenue Condominiums | $319,900 | CottinghamChalkHayes, Realtors| 2001945 | Active | |
| 325 S Clarkson ST | Short Sale/Subject to Lender Approval | Clarkson Place | $240,000 | HM Properties| 863879 | Active | |
| 525 6th ST # 317 | Short Sale/Subject to Lender Approval | Court 6 | $99,900 | Carolinas Metro Realty| 2009442 | Active | |
| 505 6th ST # 402 | Short Sale/Subject to Lender Approval | Courtside | $145,000 | Keller Williams South Park| 2010855 | Active | |
| 300 W Fifth ST # 728 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $199,000 | Kerestan Realty| 985102 | Conditional | |
| 300 W Fifth ST # 624 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $220,000 | Keller Williams University Cty| 912387 | Conditional | |
| 300 5th ST # 621 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $140,000 | Allen Tate Company| 2010519 | Active | |
| 300 5th ST # 515 | REO/Lender Owned | Fifth and Poplar | $154,900 | Benham Real Estate Group, Inc.| 987798 | Active | |
| 300 W 5th ST # 615 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $175,000 | Carolina Realty Advisors| 2002931 | Active | |
| 300 W 5th ST # 207 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $189,900 | Allen Tate Company| 2009031 | Active | |
| 922 E 8th ST # 922 | Relocation | M Street | $219,000 | Allen Tate Company| 2010406 | Active | |
| 947 Hill ST # 947 | REO/Lender Owned | The Gallery Lofts | $225,000 | My Townhome| 987710 | Active | |
| 773 Garden District DR # 773 | Short Sale/Subject to Lender Approval | Tivoli | $169,000 | RE/MAX Executive Realty| 2004486 | Active | |
| 333 W Trade ST # 1808 | Relocation,Short Sale/Subject to Lender Approval | Trademark | $239,000 | Allen Tate Company| 971229 | Conditional | |
| 333 W Trade ST # 2201 | REO/Lender Owned | Trademark | $139,900 | RE/MAX Executive Realty| 995301 | Conditional | |
| 333 W Trade ST # 1508 | Short Sale/Subject to Lender Approval | Trademark | $239,000 | RE/MAX Executive Realty| 974549 | Conditional | |
|
|
The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Michael Cook, Wilkinson and Associates nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers — personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2010 Carolina Multiple Listing Services, Inc. |
Category: Distressed Properties
Uptown & Downtown Charlotte Foreclosed and Short Sale Condos
Posted On: June 1, 2011 By: michael
| Address | Type | Complex | Price | Info | |
| 322 W Tenth ST # 322 | Short Sale/Subject to Lender Approval | 10th Avenue Townhomes | $290,000 | Metrovillage Properties LLC| 916159 | Active | |
| 626 N Graham ST # 311 | Short Sale/Subject to Lender Approval | 626 North Graham | $99,000 | Allen Tate Company| 2015923 | Active | |
| 715 N Church ST # 702 | Relocation | 715 North Church Street | $139,900 | Allen Tate Company| 947067 | Active | |
| 210 Church ST # 1702 | Short Sale/Subject to Lender Approval | Avenue Condominiums | $359,900 | RE/MAX Executive Realty| 2009022 | Conditional | |
| 210 N Church ST # 3010 | Short Sale/Subject to Lender Approval | Avenue Condominiums | $185,000 | Keller Williams South Park| 2010248 | Active | |
| 210 N Church ST # 1915 | Relocation | Avenue Condominiums | $319,900 | CottinghamChalkHayes, Realtors| 2001945 | Active | |
| 325 S Clarkson ST | Short Sale/Subject to Lender Approval | Clarkson Place | $240,000 | HM Properties| 863879 | Active | |
| 525 6th ST # 317 | Short Sale/Subject to Lender Approval | Court 6 | $99,900 | Carolinas Metro Realty| 2009442 | Active | |
| 505 6th ST # 402 | Short Sale/Subject to Lender Approval | Courtside | $145,000 | Keller Williams South Park| 2010855 | Active | |
| 300 W Fifth ST # 728 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $199,000 | Kerestan Realty| 985102 | Conditional | |
| 300 W Fifth ST # 624 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $220,000 | Keller Williams University Cty| 912387 | Conditional | |
| 300 5th ST # 621 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $140,000 | Allen Tate Company| 2010519 | Active | |
| 300 5th ST # 515 | REO/Lender Owned | Fifth and Poplar | $154,900 | Benham Real Estate Group, Inc.| 987798 | Active | |
| 300 W 5th ST # 615 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $175,000 | Carolina Realty Advisors| 2002931 | Active | |
| 300 W 5th ST # 207 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $189,900 | Allen Tate Company| 2009031 | Active | |
| 922 E 8th ST # 922 | Relocation | M Street | $219,000 | Allen Tate Company| 2010406 | Active | |
| 947 Hill ST # 947 | REO/Lender Owned | The Gallery Lofts | $225,000 | My Townhome| 987710 | Active | |
| 773 Garden District DR # 773 | Short Sale/Subject to Lender Approval | Tivoli | $169,000 | RE/MAX Executive Realty| 2004486 | Active | |
| 333 W Trade ST # 1808 | Relocation,Short Sale/Subject to Lender Approval | Trademark | $239,000 | Allen Tate Company| 971229 | Conditional | |
| 333 W Trade ST # 2201 | REO/Lender Owned | Trademark | $139,900 | RE/MAX Executive Realty| 995301 | Conditional | |
| 333 W Trade ST # 1508 | Short Sale/Subject to Lender Approval | Trademark | $239,000 | RE/MAX Executive Realty| 974549 | Conditional | |
|
|
The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Michael Cook, Wilkinson and Associates nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers — personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2010 Carolina Multiple Listing Services, Inc. |
Category: Distressed Properties
Uptown & Downtown Charlotte May 2011 Foreclosed and Short Sale Condos
Posted On: May 15, 2011 By: michael
| Address | Type | Complex | Price | Info | |
| 322 W Tenth ST # 322 | Short Sale/Subject to Lender Approval | 10th Avenue Townhomes | $290,000 | Metrovillage Properties LLC| 916159 | Active | |
| 626 N Graham ST # 311 | Short Sale/Subject to Lender Approval | 626 North Graham | $99,000 | Allen Tate Company| 2015923 | Active | |
| 715 N Church ST # 702 | Relocation | 715 North Church Street | $139,900 | Allen Tate Company| 947067 | Active | |
| 210 Church ST # 1702 | Short Sale/Subject to Lender Approval | Avenue Condominiums | $359,900 | RE/MAX Executive Realty| 2009022 | Conditional | |
| 210 N Church ST # 3010 | Short Sale/Subject to Lender Approval | Avenue Condominiums | $185,000 | Keller Williams South Park| 2010248 | Active | |
| 210 N Church ST # 1915 | Relocation | Avenue Condominiums | $319,900 | CottinghamChalkHayes, Realtors| 2001945 | Active | |
| 325 S Clarkson ST | Short Sale/Subject to Lender Approval | Clarkson Place | $240,000 | HM Properties| 863879 | Active | |
| 525 6th ST # 317 | Short Sale/Subject to Lender Approval | Court 6 | $99,900 | Carolinas Metro Realty| 2009442 | Active | |
| 505 6th ST # 402 | Short Sale/Subject to Lender Approval | Courtside | $145,000 | Keller Williams South Park| 2010855 | Active | |
| 300 W Fifth ST # 728 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $199,000 | Kerestan Realty| 985102 | Conditional | |
| 300 W Fifth ST # 624 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $220,000 | Keller Williams University Cty| 912387 | Conditional | |
| 300 5th ST # 621 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $140,000 | Allen Tate Company| 2010519 | Active | |
| 300 5th ST # 515 | REO/Lender Owned | Fifth and Poplar | $154,900 | Benham Real Estate Group, Inc.| 987798 | Active | |
| 300 W 5th ST # 615 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $175,000 | Carolina Realty Advisors| 2002931 | Active | |
| 300 W 5th ST # 207 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $189,900 | Allen Tate Company| 2009031 | Active | |
| 922 E 8th ST # 922 | Relocation | M Street | $219,000 | Allen Tate Company| 2010406 | Active | |
| 947 Hill ST # 947 | REO/Lender Owned | The Gallery Lofts | $225,000 | My Townhome| 987710 | Active | |
| 773 Garden District DR # 773 | Short Sale/Subject to Lender Approval | Tivoli | $169,000 | RE/MAX Executive Realty| 2004486 | Active | |
| 333 W Trade ST # 1808 | Relocation,Short Sale/Subject to Lender Approval | Trademark | $239,000 | Allen Tate Company| 971229 | Conditional | |
| 333 W Trade ST # 2201 | REO/Lender Owned | Trademark | $139,900 | RE/MAX Executive Realty| 995301 | Conditional | |
| 333 W Trade ST # 1508 | Short Sale/Subject to Lender Approval | Trademark | $239,000 | RE/MAX Executive Realty| 974549 | Conditional | |
|
|
The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Michael Cook, Wilkinson and Associates nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers — personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2010 Carolina Multiple Listing Services, Inc. |
Category: Distressed Properties
Uptown & Downtown Charlotte Foreclosed and Short Sale Condos
Posted On: May 1, 2011 By: michael
| Address | Type | Complex | Price | Info | |
| 322 W Tenth ST # 322 | Short Sale/Subject to Lender Approval | 10th Avenue Townhomes | $290,000 | Metrovillage Properties LLC| 916159 | Active | |
| 626 N Graham ST # 311 | Short Sale/Subject to Lender Approval | 626 North Graham | $99,000 | Allen Tate Company| 2015923 | Active | |
| 715 N Church ST # 702 | Relocation | 715 North Church Street | $139,900 | Allen Tate Company| 947067 | Active | |
| 210 Church ST # 1702 | Short Sale/Subject to Lender Approval | Avenue Condominiums | $359,900 | RE/MAX Executive Realty| 2009022 | Conditional | |
| 210 N Church ST # 3010 | Short Sale/Subject to Lender Approval | Avenue Condominiums | $185,000 | Keller Williams South Park| 2010248 | Active | |
| 210 N Church ST # 1915 | Relocation | Avenue Condominiums | $319,900 | CottinghamChalkHayes, Realtors| 2001945 | Active | |
| 696 Davidson ST # 21 | REO/Lender Owned | Cityview Lofts | $149,900 | Benham Real Estate Group, Inc.| 2016949 | Active | |
| 325 S Clarkson ST | Short Sale/Subject to Lender Approval | Clarkson Place | $240,000 | HM Properties| 863879 | Active | |
| 525 6th ST # 317 | Short Sale/Subject to Lender Approval | Court 6 | $99,900 | Carolinas Metro Realty| 2009442 | Active | |
| 505 6th ST # 402 | Short Sale/Subject to Lender Approval | Courtside | $145,000 | Keller Williams South Park| 2010855 | Active | |
| 421 N Church ST # B | Short Sale/Subject to Lender Approval | Davidson Square | $140,000 | Keller Williams Lake Norman| 2017245 | Active | |
| 300 W Fifth ST # 728 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $199,000 | Kerestan Realty| 985102 | Conditional | |
| 300 W Fifth ST # 624 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $220,000 | Keller Williams University Cty| 912387 | Conditional | |
| 300 5th ST # 621 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $140,000 | Allen Tate Company| 2010519 | Active | |
| 300 W 5th ST # 615 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $175,000 | Carolina Realty Advisors| 2002931 | Active | |
| 300 W 5th ST # 207 | Short Sale/Subject to Lender Approval | Fifth and Poplar | $189,900 | Allen Tate Company| 2009031 | Active | |
| 127 N Tryon ST # 607 | In Foreclosure Process | Iveys Townhomes | $325,000 | HM Properties| 990768 | Active | |
| 922 E 8th ST # 922 | Relocation | M Street | $219,000 | Allen Tate Company| 2010406 | Active | |
| 947 Hill ST # 947 | REO/Lender Owned | The Gallery Lofts | $225,000 | My Townhome| 987710 | Active | |
| 773 Garden District DR # 773 | Short Sale/Subject to Lender Approval | Tivoli | $169,000 | RE/MAX Executive Realty| 2004486 | Active | |
| 333 W Trade ST # 1808 | Relocation,Short Sale/Subject to Lender Approval | Trademark | $239,000 | Allen Tate Company| 971229 | Conditional | |
| 333 W Trade ST # 2201 | REO/Lender Owned | Trademark | $139,900 | RE/MAX Executive Realty| 995301 | Conditional | |
| 333 W Trade ST # 1508 | Short Sale/Subject to Lender Approval | Trademark | $239,000 | RE/MAX Executive Realty| 974549 | Conditional | |
|
|
The data relating to real estate on this Web site derive in part from the Carolina Multiple Listing Services, Inc. IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Michael Cook, Wilkinson and Associates nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers — personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2010 Carolina Multiple Listing Services, Inc. |
Category: Distressed Properties
March 2011 Uptown Charlotte Condo Report!
Posted On: April 24, 2011 By: michael
March 2011 Uptown Charlotte Condo Report!
There were 109 total listings on the market with an average list price of $281,688 and average price per square foot of $210.36
2 properties were conditional.
0 properties were contingent.
3 active due diligence.
12 expired listings.
8 properties were pending.
21 properties were withdrawn.
The 25 sold units had an average listing price of $297,948 and sold for of $281,688 with the average price per square foot of $210.36 and averaging 99 days on the market.
The 25 units that were sold for the month were located at, 1 The Vue Condos, 1 230 South Tyron Condos, 2 The Madison Condos, 2 400 North Church Condos, 2 Jefferson Square Condos, 3 Courtside Condos, 5 The Avenue Condos, 1 Gateway Plaza Condos, 1 The Poplar Condos, 1 The Ratcliffe Condos, 1 Alexanders on Ninth Condos, 2 Fifth and Poplar Condos, 1 Gateway Lofts, 1 Tivoli Condos, 1 First Row Warehouse Condos,
Category: Statistics
The Skye Condos in Uptown Charlotte Announced!
Posted On: April 24, 2011 By: michael
The Park Condo development has been renamed to Skye Condos. The Park filed for bankruptcy several years ago and was auctioned off and eventually was sold off to the highest bidder. The new owners obviously don’t want the bad vibe associated with “The Park” so they are changing the name to Skye Condos.
The Skye Condos will be a 22-story high rise development with a rooftop restaurant. Some of the amenities the Skye condos will have include, valet service, pool, and a gym. You can also expect some hotel types of amenities that include shuttle and cleaning service. Those have yet to be confirmed, but I would bet those will be included.
Skye Condos will have 67 condos and 172 Hyatt Place Hotel rooms. The condos will range from 800 to 3,800 square feet. Parking will be on floors 2-6 and Hyatt brand hotel on floors 7 – 9 and 11-13, the 10th floor will feature a fabulous lobby and separate amenity areas for the hotel and guests and condos owners.
The rooftop will feature an 8,000 sq ft restaurant with an indoor and outdoor dining. The ground floor will also include 2,600 square feet of retail. Residents will also enjoy living in a great location as they will be within walking distance to Bobcats Arena and the EpiCentre.
Category: Second Ward
February 2011 Uptown Charlotte Condo Report!
Posted On: March 27, 2011 By: michael
February 2011 Uptown Charlotte Condo Report!
There were 66 total listings on the market with an average list price of $287,227 and average price per square foot of $181.67
1 properties were conditional.
1 properties were contingent.
4 active due diligence.
5expired listings.
7 properties were pending.
15 properties were withdrawn.
The 6 sold units had an average listing price of $231,850 and sold for of $219,583 with the average price per square foot of $181.67 and averaging 158 days on the market.
The 6 units that were sold for the month were located at the , 1 230 South Tryon Condos, 1 Oak Park Condos, 1 Skybox Condos, 2 Courtside Condos and 1 The Avenue Condos
Category: Statistics
January 2011 Uptown Charlotte Condo Report!
Posted On: March 27, 2011 By: michael
January 2011 Uptown Charlotte Condo Report!
There were 86 total listings on the market with an average list price of $288,545 and average price per square foot of $226.49.
1 properties were conditional.
1 properties were contingent.
30 expired listings.
1 properties were pending.
17 properties were withdrawn.
The 13 sold units had an average listing price of $252,857 and sold for of $241,838 with the average price per square foot of $207.23 and averaging 148 days on the market.
The 13 units that were sold for the month were located at the 1 The Madison Condos, 1 400 North Church Condos, 1 Ivey Townhomes, 1 230 South Tryon Condos, 1 City View Lofts, 1 Park Plaza Condos, 1 Fifth and Poplar Condos, 1 Skyline Terrace Condos, 1Courtside Condos, Manhattan on the Park Condos, 1 Skyline Terrace Condos, and 2 The Avenue Condos
Category: Statistics
Distressed Properties in Uptown Charlotte Becoming the Norm!
Posted On: January 23, 2011 By: michael
In 2009 when a quality distressed property came into the market in Uptown Charlotte it would be under contract in a matter of days. In early 2010 we started seeing more and more distressed properties come into the market sprinkled all over Uptown. With no stability in the job market and a hurting economy, distressed properties stayed on the market for longer periods of time. Buyers simply had more to choose from and the days on market increased.
I feel 2011 is going to be the year of the distressed properties in Uptown and you are going to see more transactions as prices begin to bottom out while interest rates are at all time lows. Most of my clients feel the same way and activity has really picked up in Uptown.
95% of the buyers want to purchase one of these distressed properties or find a very motivated seller. Why buy something at full price when you can get a great deal with one of these properties? Currently there are 34 distressed properties in Uptown Charlotte. Some of these properties range from the mid 100’s to all the way into the 1 million range.
Living Uptown Charlotte still remains the best online resource when looking to purchase a Charlotte Condo in and around the Uptown area. We’ve recently added two sections to the website.
1. Value Database – Shows motivated sellers in uptown and great deals!
2. Uptown Charlotte Foreclosed and Short Sale Condos – All the distressed properties in Uptown Charlotte. (Soon will be listing all the different areas such as Dilworth Condos, Elizabeth Condos, Myers Park Condos, South Charlotte Condos, South Park Condos, and South End Condos.
Category: Uncategorized
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