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Mark Watson's Blog

By The Watson Group | Agent in 28277
  • Private home rentals for the DNC in Charlotte NC getting astronomical rents!

    Posted Under: General Area in Charlotte, Market Conditions in Charlotte, Rentals in Charlotte  |  April 23, 2012 8:40 AM  |  309 views  |  No comments

    Just take a look on Craigslist and you’ll see ads offering homes at astronomical daily rental rates for the Democratic National Convention this fall.  This sparked local Brendan Urban to create DNCRental.com, and he has had a HUGE reaction from locals interested in listing on the site.  He has more than 40,000 followers on Twitter, including politicians and state party organizers.  The company only launched last month.  So far, 22 Charlotte area homeowners have listed their properties, and they’re booking!  DNCDigs.com, another site that offers convention week home rentals, states that hotel rooms will be limited, and many may prefer private accommodations “that will give you a true taste of our Southern Hospitality.”  Many local real estate companies are advertising “DNC Property Management” services that will come out and give you an evaluation/ rental estimate.

    Obviously convenience to events is a key player in scoring those big rental bucks.  With events at the Charlotte Motor Speedway, Knights Stadium in Fort Mill, and all over the downtown area… the opportunity to tap into the masses attending the convention seem endless.  The high dollar rentals seem to be ones t hat are closest to BOA Stadium/ TWC Arena/ neighborhoods close to downtown.   Although homes on some of these websites were in Matthews, listed at $2500 per day… Lake Norman, Ballantyne, and even Belmont.  The thought process seems to be WHY NOT TRY? 

    Whether you’re buying or selling a home in Charlotte NC, Mark Watson and his Keller Williams team has the experience you'll need to have a smooth and successful transaction. Charlotte is a thriving, diverse city and Mark works with people from across the country and around the world. If you’re looking for lake property or water front communities in Charlotte, you’ll find Lake Norman in north Charlotte or Lake Wylie in south-west Charlotte. If you prefer older, close-in neighborhoods with mature tree-lined streets and craftsman style design, you’ll surely love homes in Dilworth, Plaza Midwood, Elizabeth and Chantilly. For those in search of lofts and warehouse type dwellings with modern design, Uptown Charlotte and Southend is where you’ll be drawn. South Charlotte real estate offers buyers larger, newer homes in areas like South Park and Ballantyne. Give Mark a call! The Charlotte NC real estate market is robust and having a strong, professional real estate agent to guide you through buying or selling a home makes all of the difference in the world. 

    Mark Watson
    Broker/ Realtor/ Pilot
    The Watson Group
    Keller Williams Ballantyne
    Mark@MarkSellsCharlotte.com
    www.MarkSellsCharlotte.com
    704-641-6605

     

     

     

  • Private home rentals for the DNC in Charlotte NC getting astronomical rents!

    Posted Under: General Area in Charlotte, Market Conditions in Charlotte, Rentals in Charlotte  |  April 23, 2012 8:40 AM  |  290 views  |  No comments

    Just take a look on Craigslist and you’ll see ads offering homes at astronomical daily rental rates for the Democratic National Convention this fall.  This sparked local Brendan Urban to create DNCRental.com, and he has had a HUGE reaction from locals interested in listing on the site.  He has more than 40,000 followers on Twitter, including politicians and state party organizers.  The company only launched last month.  So far, 22 Charlotte area homeowners have listed their properties, and they’re booking!  DNCDigs.com, another site that offers convention week home rentals, states that hotel rooms will be limited, and many may prefer private accommodations “that will give you a true taste of our Southern Hospitality.”  Many local real estate companies are advertising “DNC Property Management” services that will come out and give you an evaluation/ rental estimate.

    Obviously convenience to events is a key player in scoring those big rental bucks.  With events at the Charlotte Motor Speedway, Knights Stadium in Fort Mill, and all over the downtown area… the opportunity to tap into the masses attending the convention seem endless.  The high dollar rentals seem to be ones t hat are closest to BOA Stadium/ TWC Arena/ neighborhoods close to downtown.   Although homes on some of these websites were in Matthews, listed at $2500 per day… Lake Norman, Ballantyne, and even Belmont.  The thought process seems to be WHY NOT TRY? 

    Whether you’re buying or selling a home in Charlotte NC, Mark Watson and his Keller Williams team has the experience you'll need to have a smooth and successful transaction. Charlotte is a thriving, diverse city and Mark works with people from across the country and around the world. If you’re looking for lake property or water front communities in Charlotte, you’ll find Lake Norman in north Charlotte or Lake Wylie in south-west Charlotte. If you prefer older, close-in neighborhoods with mature tree-lined streets and craftsman style design, you’ll surely love homes in Dilworth, Plaza Midwood, Elizabeth and Chantilly. For those in search of lofts and warehouse type dwellings with modern design, Uptown Charlotte and Southend is where you’ll be drawn. South Charlotte real estate offers buyers larger, newer homes in areas like South Park and Ballantyne. Give Mark a call! The Charlotte NC real estate market is robust and having a strong, professional real estate agent to guide you through buying or selling a home makes all of the difference in the world. 

    Mark Watson
    Broker/ Realtor/ Pilot
    The Watson Group
    Keller Williams Ballantyne
    Mark@MarkSellsCharlotte.com
    www.MarkSellsCharlotte.com
    704-641-6605

     

     

     

  • FINALLY!! A timeline for short sales!

    Posted Under: Home Buying in Charlotte, Home Selling in Charlotte, Financing in Charlotte  |  April 19, 2012 9:32 AM  |  227 views  |  No comments

    The short sale set out to help hurting home owners, but the process has proven to be lengthy and frustrating.  60… 90 days without response from your bank, no information provided on the REAL ramifications, and I couldn’t find one single positive review on the web from anyone that has been through it.  It’s such an emotional time for home owners, and even when you seek help from a Realtor or attorney that specializes in short sales… we’re all at the mercy of the overwhelmed bank.

    Last year Freddie Mac completed 45,623 short sales, a 140% increase since 2009. 

    Fannie Mae’s short sale completions shot up by 101% over the same period, totaling around 79,800 in 2011.

     Starting June 15th, 2012 homeowners whose loans are backed by Fannie Mae and Freddie Mac should expect to receive a decision on a short sale offer within 30-60 days.  The new timelines require services to make a decision within 30 days of receiving either an offer to purchase a short sale home, or a borrower requesting short sale consideration.  If more than 30 days are needed, services must provide the borrower with weekly status updates and come to a decision no later than 60 days from the date the offer was received/ borrower submitted request.

     Great news for struggling homeowners and the agents that strive to help them through the tangled web of the short sale.  A short sale is an effective foreclosure alternative when keeping your home is no longer an option. 

     As a home owner that is considering a short sale, or a buyer that has interest in all the incredible deals on the market right now, you’ll need a strong agent to help you navigate this market.  Please give me a call if you have any questions or check out my website to access ALL the Charlotte, NC real estate available.

    Whether you’re buying or selling a home in Charlotte NC, Mark Watson and his Keller Williams team has the experience you'll need to have a smooth and successful transaction. Charlotte is a thriving, diverse city and Mark works with people from across the country and around the world. If you’re looking for lake property or water front communities in Charlotte, you’ll find Lake Norman in north Charlotte or Lake Wylie in south-west Charlotte. If you prefer older, close-in neighborhoods with mature tree-lined streets and craftsman style design, you’ll surely love homes in Dilworth, Plaza Midwood, Elizabeth and Chantilly. For those in search of lofts and warehouse type dwellings with modern design, Uptown Charlotte and Southend is where you’ll be drawn. South Charlotte real estate offers buyers larger, newer homes in areas like South Park and Ballantyne. Give Mark a call! The Charlotte NC real estate market is robust and having a strong, professional real estate agent to guide you through buying or selling a home makes all of the difference in the world.

     
    Mark Watson
    Broker/ Realtor/ Pilot
    The Watson Group
    Keller Williams Ballantyne
    Mark@MarkSellsCharlotte.com
    www.MarkSellsCharlotte.com
    704-641-6605

     

     

     

  • Those holding out for rates to fall even further, shouldn't wait any longer!

    Posted Under: Home Buying in Charlotte, Home Selling in Charlotte, Investment Properties in Charlotte  |  April 16, 2012 7:42 AM  |  207 views  |  1 comment

    Mortgage rates have tumbled back into record territory according to CNN Money.  Borrowers seeking 15 year mortgages, a popular choice with those looking to refinance, were rewarded with an average interest rate of just 3.11% last week, more than one percentage point lower than a year earlier.  In 2006 when the market was booming, rates for a 15 year fixed loan averaged 6.07%!!!!  Monthly payments at that rate for a $200,000 mortgage came to $1,695, an extra $303 compared with payments based on this week's 15-year rate.

     Over the life of the 6.07% loan, the total interest paid would amount to $105,000, more than twice as much as current borrowers will pay.

     The rate on a 30 year fixed mortgage also fell to 3.88%, just short of it's own record of 3.87% set back in February.

     Frank Nothaft, Freddie Mac's chief economist says "Although the unemployment rate fell to the lowest reading since January 2009, the overall economy added just 120,000 new jobs in March nearly half that of the market consensus forecast.

     "For [rates] to continue to decline, we will need more signs that the economy is cooling and signals that the Federal Reserve will be taking new steps to support it," according to Keith Gumbinger of HSH.com, a mortgage information company.. "That seems unlikely."

     Those holding out for rates to fall even further, shouldn't wait any longer!  Inventory is high and prices are more affordable than ever.  It's a great time to buy or sell real estate.  Rental homes are hitting the market and renting the same day.. with multiple offers.  Talk about a great time to invest in real estate!

     Whether you’re buying or selling a home in Charlotte NC, Mark Watson and his Keller Williams team has the experience you'll need to have a smooth and successful transaction. Charlotte is a thriving, diverse city and Mark works with people from across the country and around the world. If you’re looking for lake property or water front communities in Charlotte, you’ll find Lake Norman in north Charlotte or Lake Wylie in south-west Charlotte. If you prefer older, close-in neighborhoods with mature tree-lined streets and craftsman style design, you’ll surely love homes in Dilworth, Plaza Midwood, Elizabeth and Chantilly. For those in search of lofts and warehouse type dwellings with modern design, Uptown Charlotte and Southend is where you’ll be drawn. South Charlotte real estate offers buyers larger, newer homes in areas like South Park and Ballantyne. Give Mark a call! The Charlotte NC real estate market is robust and having a strong, professional real estate agent to guide you through buying or selling a home makes all of the difference in the world.

     

    Mark Watson
    Broker/ Realtor/ Pilot
    The Watson Group
    Keller Williams Ballantyne
    Mark@MarkSellsCharlotte.com
    www.MarkSellsCharlotte.com
    704-641-6605

  • Charlotte NC one of the top 10 fastest growing cities in the Nation.

    Posted Under: Home Buying in Charlotte, Home Selling in Charlotte, Moving in Charlotte  |  April 13, 2012 7:13 AM  |  252 views  |  1 comment

    Charlotte NC is the second largest financial center in the Nation, after New York.  Bank of America calls Charlotte home, while Citi, Ally Financial, JPMorgan, and Wells Fargo all host operations here.  The thousands of jobs offered by these big banks has helped the population swell over the years.  In a short ten year period from 2000 to 2010, we have experienced a whopping 65% growth spurt.  Businesses are sprouting to serve our growing population, now up to about 1.3 million, up from our city center out to suburbs like Matthews, Waxhaw, Lake Wylie and Lake Norman.  

    Also contributing to Charlotte's growth is the "half back" phenomenon, says Bob Morgan, president if the Charlotte Chamber of Commerce.  Charlotte receives a large number of former Northeners who first retire to FLA, but later decide to leave the state.  "They get hit by their second or third hurricane and they move halfway back to their old homes," says Morgan.

    Charlotte offers world class restaurants, hotels, and a sports team for every fan.  The LINX Light Rail and Charlotte Douglas International Airport make life easy and convenient for any business traveler.  Friendly, Southern charm with a side of big business.   And then there's the weather... 

    If you have questions or would like any information on Charlotte, NC or any of the popular areas here- like Ballantyne, South Park, Waxhaw, Matthews, Fort Mill, Lake Wylie, or Lake Norman- please give us a call or drop us an email.  We will be happy to send you a packet of everything you need to get an initial grasp of what we have to offer in our fair city.  You can do a search for real estate on my website as well!  www.marksellscharlotte.com.

    Thank you!

    Mark Watson

    Broker/Realtor/Pilot

    Keller Williams Realty

    704-641-6605

    mark@marksellscharlotte.com

    www.marksellscharlotte.com

  • Donald Trump bringing his brand to the Charlotte area

    Posted Under: General Area in Charlotte, Home Buying in Charlotte, Home Selling in Charlotte  |  April 13, 2012 7:12 AM  |  214 views  |  No comments

    Like him or not, Donald Trump is easily recognized throughout the world for luxury hotels and resorts, casinos, and high end golf communities... and now he's chosen the Charlotte areas Lake Norman to continue to build his brand.  This speaks volumes for our city as Trump knows how to position his brand; he targets areas where there is money, a sound economy, and national appeal.  

    The real estate mogul has just closed a deal to purchase the exclusive Point Golf Club on Lake Norman in Mooresville, just about 30 miles North of Charlotte NC.  He promises to invest millions in upgrades to the Greg Norman designed golf course and club.  With Charlotte being the 2nd largest financial center in the NATION, numerous fortune 500 companies relocating to the area, and the population... and therefore economy swelling, Trump is following suit of many celebrity-types realizing the opportunities here.

    Trump is renaming the club Trump National Golf Club Charlotte.  Many of his existing courses host PGA and LPGA events, and he says he would like to bring a high-profile event to the area as soon as possible.  

    The Charlotte real estate market is in full swing, just ask the real estate mogul himself.... Trump!  

    Whether you’re buying or selling a home in Charlotte NC, Mark Watson and his Keller Williams team has the experience you'll need to have a smooth and successful transaction. Charlotte is a thriving, diverse city and Mark works with people from across the country and around the world. If you’re looking for lake property or water front communities in Charlotte, you’ll find Lake Norman in north Charlotte or Lake Wylie in south-west Charlotte. If you prefer older, close-in neighborhoods with mature tree-lined streets and craftsman style design, you’ll surely love homes in Dilworth, Plaza Midwood, Elizabeth and Chantilly. For those in search of lofts and warehouse type dwellings with modern design, Uptown Charlotte and Southend is where you’ll be drawn. South Charlotte real estate offers buyers larger, newer homes in areas like South Park and Ballantyne. Give Mark a call! The Charlotte NC real estate market is robust and having a strong, professional real estate agent to guide you through buying or selling a home makes all of the difference in the world.

    Mark Watson

    Broker, Pilot

    Keller Williams Ballantyne

    704-641-6605

  • Optimistic About An Improved Housing Economy For 2010

    Posted Under: General Area in Charlotte, Home Buying in Charlotte, Home Selling in Charlotte  |  December 21, 2010 7:26 AM  |  279 views  |  No comments
    I'm simply an optimist.  I think that's part of what has helped propel me through these last three years of a down-turned real estate market.  In times like this, I get excited.  That's because I've been pleased with the amount of business there is out there for the real estate professionals that treats their job as a business and take their careers seriuosly.  When the market turns around, they'll be even that much more business.  The general consumer will be glad that the the dark days are behind us.  Sellers will appreciate better home prices and buyers will be jockying for the home, knowing that buyer competion will be building.  Rates will be good during the turn around.

    My beliefe is that 2011 will be the beginning of the housing market recovery.  I'm ready for it!  Let's all be smart about our real estate investments as the market improves.  Let's buy homes that really fit our needs...be smart about making sure the mortgage payment fits our budgets and lets save do a better job about saving for when times head the other direction again.  I think we've all learned some valuable lessons over the last year and we'll all be better for it!

    Bring on the New Year!
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