Charlotte, NC Condo Blog

Blog with news about the Charlotte NC high-rise condominium and loft market.

There are currently 9 blog entries related to this category.

Live Longer by Living in a Highrise!

Wednesday, May 22nd, 2013 at 10:31pm. 0 Comments.

A new study by the European Journal of Epidemiology shows that residents who live above the 8th floor are 22% less likely to die early.  The research shows that two major illnesses, lung disease and heart disease are lowered once people live above the eighth floor.

The only rate of death that increased as the floor number increased is, of course, suicide.  Those living on the first floor were 60% less likely to committ suicide by jumping.  We're a little surprised that it's only 60%...

So start living a healthier life and Search for a High-Rise Condo now!

Highrise condo for sale

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The Bidding Wars are Back

Thursday, May 2nd, 2013 at 11:22pm. 0 Comments.

Bidding Wars are BackAre the bidding wars back?  You bet they are.  We asked four of our Highrises.com partners about the trends in real estate.

Ian Bell from Seattle said a property listed on a Thursday for $780k, and by Monday there were 10 offers, come even offering to waive inspections!  The property ultimately sold for $930k to a cash buyer.  This prompted Ian to wonder, “How do regular folks compete?”

Danielle Contreras, our Highrises.com partner from San Jose, CA is seeing a similar trend in her real estate market.  A property recently listed for $668k and quickly received 11 offers. The price of the house jumped to well over $700k with one buyer even agreeing to waive all contingencies.

Danielle said she has experienced so many stories just like

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Worth Magazine Ranks Top 10 Residential High-Rise Buildings in the World

Wednesday, April 3rd, 2013 at 4:26pm. 0 Comments.

Worth Magazine has looked at all the luxury high-rise condo buildings throughout the world and compiled what they think are the ten best.  They're pretty vague about the criteria they used, only saying that these are "Then of the world's coolest places to live".   We would add a few to the list if we could, like Sierra Towers in LA or Museum Tower in Dallas.

1.  One57 in NYC.  90 floors but only 92 units!HSB Turning Torso

2.  One Hyde Park in London.

3.  Opus in Hong Kong.  A Frank Gehry production.  12 units, 12 floors. 

4.  Absolute Towers in Toronto.  The first tower sold out faster than most concerts... they were gone in 24 hours.

5.  HSB Turning Torso in Copenhagen.  Pictured to the right.  Powered entirely by locally produced renewable

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Best Career in 2013...

Wednesday, March 27th, 2013 at 10:11pm. 0 Comments.

happy jobsWe have great news we have to share! The Happiest Job in America in 2013 is Real Estate.

Forbes just listed the top 10 happiest (and respectively happiest) jobs in America.  The #1 happiest job was a real estate agent. Careerbliss surveyed 65,000 people to come to this blissful conclusion. The logic behind this is real estate agents are rewarded for their success. They can have a flexible schedule and increase their income with hard work. The careers with less rewards and more office politics scored the lowest on the happy rating including associate attorney, customer service associate and sadly RN’s and teachers.

The Bureau of Labor Statistics expects an 11% increase in real estate jobs from 2010-2020. The majority (57%) of real estate agents

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US Census Reports New Construction on Structures with Five or More Units up 54.9%

Tuesday, March 19th, 2013 at 7:36pm. 0 Comments.

The Feburary 2013 report from the US Census revealed some interesting news for multi family units.  New Privately-Owned Housing Units Authorized in Permit-Issuing Places increased 54.9% from Feburary 2012 to Feburary 2013.

New Housing Starts Feb 2013

In February 2013, 285,000 buildings with five or more units began construction for units in buildings with five units or more, up from 240,000 in February 2012.  As the economy recovers, we expect more completed projects as many we on hold or canceled from 2008-2012.

View some recent developments in Highrises.com's New Buildings Blog.



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Charlotte Home Sales up 14%

Tuesday, October 9th, 2012 at 5:48pm. 0 Comments.

The good news about Charlotte real estate just keeps coming!  The latest report shows that homes sales in Charlotte rose by 14% in September vs. one year ago.  Read more about it here:  http://mecktimes.com/news/2012/10/09/charlotte-home-sales-up-14-percent-in-september/ 

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Forbes: Charlotte #2 city where home prices are likely to rise

Thursday, September 4th, 2008 at 4:49pm. 0 Comments.

At this point, it’s clear the subprime contagion won’t be contained in the next year, based on the acceleration of home price drops and foreclosures nationwide. But when the bad vintages of loans finally come off the books, the cities where prices are expected to rebound are largely those with vibrant economies.

“The logic is pretty straightforward,” says Mark Zandi, chief economist at Moody’s Economy.com. “People will spend as much on housing as their income will allow them. House prices are very closely tied to household income over the long run when you look at business cycles.”

This means that recovery is likely in the cards for even the hardest-hit spots. Cities such as Atlanta and Colorado Springs, Colo., may be reeling from high

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Catalyst Update

Thursday, June 5th, 2008 at 4:24pm. 0 Comments.

The Catalyst Sales Center is set to open and will begin selling homes on June 21st!
"Construction began at the site in 2007, and we are on schedule to complete the building in late 2008 with move-ins beginning in early 2009. The sales office will feature a full-size model of a one-bedroom home, where you will be able to experience first-hand what a Catalyst home will be like.  Soaring ten-foot ceilings, sweeping floor-to-ceiling windows, contemporary finishes, innovative technology, Whirlpool® stainless-steel appliances and premium imported granite countertops are only a few of the luxurious features you'll see.  We will also be able to tell you more about Catalyst's other amenities, such as the state-of-the-art clubroom, resort-style pool and sundeck

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Catalyst - Sales to begin shortly

Monday, March 31st, 2008 at 9:49pm. 0 Comments.

The Novare group, developer of Charlotte's Avenue condos, plans to begin selling its newest project the Catalyst within two months.  The completion date for this 462 unit project has been extended until winter 2009.  Each unit will come loaded with standard features including an Ipod docking station, hardwood floors, balcony, and granite countertops.  Residents are free to enjoy the pool, clubroom, movie cinema, lounge and virtual art gallery.

Prices will begin around $180,000.  Deposit requirements and floorplans have not yet been released, so please check back shortly!

 

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