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Best Selling Cornelius NC Neighborhood in January

Are you looking for a home in Cornelius, NC? You may want to consider Blue Stone Harbor, Cornelius’ best selling neighborhood in January. There were 4 homes sold in Blue Stone Harbor in January with an average days on market of 80 and an average sales price of $279,750. There were a total of 28 single-family homes sold in Cornelius in January, up 40% over last January.

Cornelius NC Real Estate Sales January 2013

Sales Data provided by CRRA. Information deemed reliable, but not guaranteed.

What’s Happening in the Charlotte NC Real Estate Market?

The Charlotte real estate market saw largely positive numbers in January. New listings in the Charlotte region decreased 1.3 percent to 3,838. Pending sales were up 62.3 percent to 2,925. Inventory levels shrank 29.4 percent to 12,862 units.

Prices rallied higher. The Median Sales Price increased 2.6 percent to $150,000. List to Close was down 5.9 percent to 155 days. Absorption rates improved as Months Supply of Inventory was down 46.6 percent to 5.0 months. See the complete Charlotte real estate market update for January.

Data above from CRRA Monthly Indicators Report for January.

Pre-Qualified vs. Pre-Approved

Getting pre-qualified is the initial step in the mortgage process. Typically, pre-qualification can be done over the phone or on the internet and usually is free. You will provide basic information regarding your debt, income and assets. Loan pre-qualification is based only on the information you provide the lender and is not verified. Getting pre-qualified gives you an idea of how much you might be approved for, but is in no way guaranteed.

Getting pre-approved is the next step and will require that you complete a mortgage application. You will give your mortgage lender information on your income, assets and liabilities and they will pull your credit report. Getting pre-approved means that you are likely to be approved for a mortgage at the amount approved, but is not a guarantee.

Mooresville, NC Showcased on Today in America with Terry Bradshaw

Mooresville was recently showcased on ‘Today in America with Terry Bradshaw’.

Jack and the Beanstalk Performed Jan. 25-27 at Barber Theatre

Don’t miss this classic children’s tale being performed Jan. 25-27 at the Barber Theatre on the campus of Davidson College. All tickets only $7. Call 704-892-7953 for more information.

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