LangTree embraces its lakefront; next phase on the way

LangTree Lake Norman from above. A new boardwalk touches the lake (bottom), south of the apartments that opened last fall. (David Boraks/DavidsonNews.net)

LangTree Lake Norman from above. A new boardwalk touches the lake (bottom), south of the apartments that opened last fall. That’s I-77 Exit 31 to the right. More photos below. (David Boraks/DavidsonNews.net)

EVENTS AT LANGTREE

  • Thursday: Mooresville Convention & Visitor’s Bureau opening – 11am, LangTree at the Lake, 130 Landings Drive, Suite 102. The tourism agency will cut a ribbon to celebrate its new offices.
  • Thursday: Live music at Bacchus Wine & Tapas – Thursday, July 24, 7pm – Cool River performs live for your entertainment while dining and drinking at the restaurant. Info on Facebook. Bacchus has live music every Thursday.
  • Friday: LangTree Live – Shops and restaurants at LangTree Lake Norman, off I-77 Exit 31 in Mooresville, will host their first ever ]LangTree Live on Friday, July 25, from 5-10pm. With live outdoor music, drink specials at Bacchus Wine & Tapas, other shops open late with specials. And now, you can catch the sunset on LangTree’s new lakeside boardwalk. Details on Facebook.
  • Keep in touch with events at LangTree on the Facebook page of developer RL West

By DAVID BORAKS
DavidsonNews.net

MOORESVILLE – Construction is progressing at the $1 billion-plus LangTree Lake Norman, where a new lakeside boardwalk has been completed, and where a wave of new shops and restaurants are opening.

Meanwhile, there’s lots more on the way at the 60-acre site off I-77 Exit 31. Developer RL West hopes to break ground by late fall on the project’s second phase – including medical offices and a parking deck.

And work could begin as early as year’s end on a third phase with more attractions, including a Doubletree hotel and convention center, more shops, and Swim MAC Carolina’s planned 50,000 square foot aquatic center. Continue Reading

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Cornelius home sales 07/14/14-07/20/14


Based on information from the Carolina Multiple Listing Services, Inc. for the period 07/14/14 through 07/20/14 in Cornelius. Properties reported can be listed or sold by various participants in the MLS. Listings include properties in the Cornelius Zip code

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Davidson home sales 07/14/14-07/20/14

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Based on information from the Carolina Multiple Listing Services, Inc. for the period 07/14/14 through 07/20/14 in Cornelius. Properties reported can be listed or sold by various participants in the MLS. Listings include properties in the Cornelius Zip code

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Outdoor furniture options abound

Mirabella outdoor furniture.

Mirabella outdoor furniture from Caluco.

tealRather than looking for a new home, many people have turned their focus on enhancing their existing homes. Outdoor spaces have become a top area for home improvement. The American Institute of Architects conducted a survey that showed the enrichment of outdoor living spaces continues to be the property enhancement growing in popularity. With this new focus, ­you now have a wide range of outdoor furniture options to choose from. Continue Reading

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Home sales rebound across Charlotte and Lake Norman

Lake Norman market improves

Stephanie Gossett

Stephanie Gossett

The Lake Norman area residential real estate market has bounced back from a weak first quarter, according to Stephanie Gossett, Area Manager for the Allen Tate Lake Norman branches.

The number of closed sales in June was close to last year’s stellar numbers, and the median sales price was up 6.1 percent from the same time last year, she said. The second quarter has been more than enough to make up for the poor first quarter performance, Gossett said in an interview.If interest rates rise as predicted—just 1 percent over the next six months—Gossett predicts that demand for houses will remain high. In fact, the pent-up demand for houses has created a new problem: Too many buyers are chasing too few homes.

As a result of the high demand, prices have increased significantly since last year, while time on the market has decreased. The average time on the market for a house this June was just 59 days, almost a month less than last June.

As usual in the housing market, some areas are faring better than others. The highest demand is for homes valued at $350,000 and under.“Right now, if you have a property priced for the market at $350,000 and under, it’ll fly off the shelf,” Gossett said.

Home sales across the Charlotte region have rebounded from a weak spring, rising 3.7 percent in June from a year earlier, and 13.7 percent from May. Prices also showed growth from a year ago.

The Charlotte Regional Realtor Association said 3,631 properties were sold in the month, up from 3,502 in June 2013, based on data from Carolina Multiple Listing Services Inc.

“We are pleased to see sales rebounding in June after May’s decline. And the huge jump in pending contracts should signal strong sales in the coming months,” 2014 Association/CarolinaMLS President Joe Rempson said in a press release. Continue Reading

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Cornelius home sales 07/07/14-07/13/14


Based on information from the Carolina Multiple Listing Services, Inc. for the period 07/07/14 through 07/13/14 in Cornelius. Properties reported can be listed or sold by various participants in the MLS. Listings include properties in the Cornelius Zip code

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