Danielle Edwards

RE/MAX Executive

Danielle Edwards with RE/MAX Executive

HOW TO RAISE MONEY FOR CHARITY

by

HOW TO RAISE MONEY FOR CHARITY

How I raised over $107,000 for charity in Charlotte, NC

MY DANCING WITH THE STARS JOURNEY

PRESENTED BY DANIELLE EDWARDS

Raising funds for charity is a noble cause and a way to impact the world positively. Whether you are an individual, a group, or an organization, there are several effective ways to raise funds for charity. In this article, I will discuss some of my most effective ways, which helped me raise over $107,000 for the CHARLOTTE BALLET and the Canopy Housing Foundation.

“I recently was honored to do dancing with stars here in Charlotte, which is a charitable gala where pretty much you’re responsible for raising a ton of money and all proceeds. In my case, for split 50/50 between the Charlotte Ballet and my charity of choice, Canopy Housing Foundation. What I did not have going for me is I was not a corporate executive, like my fellow competitors that have big companies like big name banks you would think of. Yeah, that could write big checks.”

WHO DO YOU KNOW?

Make a list of everyone you know and businesses you support. Car dealer, roofer, dentist, doctor, anyone you have given to support. Reach out to them and ask them to support you with your donation. The ones that you think have a prize that would be exciting, ask them for. Think of your friends with AIR BNBs. However, that might be in person, by email, or by text. I would send them a video on my phone.

I made a separate list of who maybe had a service. Please think of any of your friends who own Air-BNBs who would donate their rental.

Lastly, don’t forget your local jewelry store, or maybe you purchase your wedding ring. For example, we have Diamonds Direct. They gave me a $900 diamond necklace that I could raffle off.

 

Posted below is the $900 Diamond Necklace: 

EMOTIONAL FUNDRAISING

People want to know how their donation is going to make a difference. In my situation, I was raising money for the homeless here in Charlotte,NC. For instance, $5 donation can buy lunch, $50 can provide a blanket, and so forth.  This is where I got creative.

I used pets and kids holding up little signs to open people’s hearts, hoping it would open their charitable contribution to my cause.

I also created a separate page on Facebook for my journey, which is still there, Dancing with the Stars Journey, where I invited people to like and follow where I could place all my information and then any time I post anything or email, telling anyone I literally could send it there so they could watch my progress.

KENDRA SCOTT

Kendra Scott is amazing. You can apply to see if your charity is one they would accept.

Then they’ll either offer you to do an in-store event where you can capture that shopping too!  They will give 20% back to your charity, and in my case, a 48-hour online option where I could promote that online. I was able to raise an additional $954 doing this. Not to mention I added to my Kendra Scott collection.

This is the event flyer we launched:

ONLINE AUCTION

I did the raffle. I found it easier because my specific gala did not have an easy way to do a silent auction where I can have individual sheets of paper out.  And honestly, it was analysis paralysis, and I was getting a little overwhelmed, so I did a raffle!

So I divided the pro prizes into ‘Realtor prizes,’ ‘local Charlotte friend prizes,’ and ‘people who live anywhere prizes.’  The more they donated, the more chances they had to win.  I think this helped raise a bit more towards the end.  I used Flippity.net to create a fun wheel to choose the winners randomly.

 

CORPORATE MATCHING

There’s so much free money out there. If you Google ‘corporate matches, ‘ it will give you a list of all the companies that do corporate matches.

And hopefully, that will get your brain thinking of who you know.  For example, the Bank of America, Wells Fargo, Ally Bank, and General Mills, to name a few.  Reach out to those friends and ask if they would consider donating to this cause. And if you go the extra step to donate, clarify what they need to do to ensure the match is the right charity, and it counts towards your event.

Normally big banks, law firms, and medical practices donate large sums of money.

 

SOCIAL MEDIA PROMOTIONAL FUNDRAISING

Sometimes when you blanket it on social media, people think they don’t need you. And a simple direct message or text goes a long way.

At the end of the day, remember whatever it is you’re doing, you’re doing it to make a huge impact.  Don’t be afraid to have fun with this on social media.  Hopefully, you’re good at social media, and you can put it on Instagram or TikTok and make funny videos out of it.

 

Learn more about this article with our recent live video. Check out the link below:

Below are the candid moments I had during the big event.

@cravotta_photography
@heatherfinkphotography
@photographybyangelatucket 
Below is the full video of our winning performance and the judge’s commentary :
If you are looking for a realtor who gives back to her community in BIG WAYS please reach out!
Contact Danielle Edwards for information on Charlotte, NC, real estate.

 

Charlotte Realtor® Danielle Edwards has been helping clients with their real estate needs since 2006.
2023 is the year of the Professional Realtor and getting back to a more normal real estate market.
Danielle Edwards
Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edwards Team

704-761-7484

Costs to Remember when Buying a Home

by

Learn About Home Buying Costs

When buying a home, there are many costs that go beyond the down payment and mortgage.

Homebuyers should factor in several additional expenses such as closing costs, appraisal fees, transfer tax, homeowner’s insurance fees and more. What’s more, these costs differ by state.

 

Closing Costs:

Closing costs typically include lawyer fees, title search fees and other administrative expenses associated with the completion of a sale agreement. Depending on where you live, closing costs could range from 2-5% of the purchase price of the home.

 

Appraisal Fees:

Appraisal fees generally depend on the size and complexity of the property being appraised but can range from $200-$1000 or more in some cases.

 

Transfer Taxes:

Transfer taxes are state or local fees that are paid on the sale of a house. The amount of transfer tax can range from 0-2% of the purchase price, depending on where you live.

 

Homeowner’s Insurance Fees:

Homeowners insurance is an annual fee that pays for repairs and damages to the home. Generally, this type of insurance costs between 0.2-1% of the purchase price annually.

 

Inspection Fees:

Home inspections typically cost around $500-$1000 but can vary widely depending on factors such as the size of the house and any special features it may have.

 

Closing Costs:

Closing costs can include fees for attorney’s services, title insurance, loan origination fees and other charges associated with obtaining a mortgage. Depending on your location, closing costs generally range from 2-6% of the purchase price.

 

Utility Bills:

Utility bills cover water, electricity, gas and other features such as trash pickup. These bills can range from a few hundred dollars to thousands of dollars per month, depending on your location, the size of your home and how energy efficient it is.

 

Maintenance & Repairs:

Home maintenance and repairs may cost anywhere between 2-4% of the purchase price annually. This includes costs for basic maintenance like mowing the lawn, as well as larger projects such as replacing a roof or an HVAC system.

 

Property Taxes:

Property taxes are paid annually and are calculated based on the assessed value of your home. The amount can range from 0.5-2% of your purchase price each year.

 

Insurance:

Homeowners insurance is typically required by the lender and can range from 0.2-1% of the purchase price each year. The cost may depend on your location, the size of your home and other factors.

 

HOA Fees:

If you are buying a condo or a home in a planned development, you may have to pay homeowner association (HOA) fees which cover shared amenities such as pools, common areas and parking lots. The cost of these fees can vary greatly depending on the type of property and the amenities offered.  Some communities will have capital contribution fees also, you see this more in the master plan communities.

 

Contact Danielle Edwards for information on Charlotte, NC, real estate. 

Danielle won Charlotte’s Best Female Realtor of 2022 by Elevate Magazine

Danielle Edwards

Charlotte Realtor® Danielle Edwards has been helping clients with their real estate needs since 2006.
2023 is the year of the Professional Realtor and getting back to a more normal real estate market.
Danielle Edwards
Charlotte Real Estate
Realtor, REMAX EXECUTIVE
Hefferon | Edwards Team

704-761-7484
Licensed In: NC
License #: 249833
Contact Me

Questions to Ask Real Estate Agent - Charlotte, NC

 

 

 

 

 

 

 

 

 

 

 

Useful Links

Check out my FIVE STAR REVIEWS here!

 

Public Charter Schools Options in North Carolina

by

Public Charter Schools Options in North Carolina

by Charlotte Realtor, Joanna Warren – Hefferon | Edwards Team

A charter school is a school that receives government money moreover runs separately from the local, well-established state education system.

The State Board of Education has given its approval to public charter schools. Managed by the autonomous, nonprofit boards of directors. The majority of charter schools’ funding comes from state and municipal taxes. These institutions are open to all students. Those who are not permitted to charge tuition, discriminated in admissions. Or also have affiliations with any specific religion or religious group too. Many of the rulers that govern district schools do not apply to charter schools. Charter schools are nonetheless subject to the State’s assessment and accountability system.

The population of Charlotte and the nearby towns is growing yearly. The need to move due to a career as well as the expense of living.  It can also be the desire to be nearer to family, and other factors beauty of our state’s geographic position. The mountains are a day journey away from where we live, and a short drive to the coast. Fortunately, Charlotte is a great place for both families who have settled here already.  And those who want to move here, and neighboring areas offer a wide range of schools to all. Our traditional public schools, public charter schools, public magnet schools, and private schools are all available. Its available  in the area learning pods, homeschooling, and online academies.

Martin Luther King Jr. once said, “The function of education is to teach one to think intensively and to think critically. Intelligence plus character- that is the goal of true education”

I had no idea what a charter school was once I enrolled my daughter.  Enrolled in one close to our house during the always-memorable summer of 2020. I had attended Charlotte Mecklenburg public schools as a child then graduated from a relatively small private school. When our public school system before,  decided not to provide a real kindergarten experience. It was crucial to her father and I that she attend school in person.

As a parent, volunteer, and vice president on the PTO Board for the past 2.5 years.  I’ve discovered the benefits and drawbacks of being associated with a nearby charter school.
Charter schools are independent, tuition-free public schools in North Carolina that are freed from the majority of the laws, rules, and regulations that govern regular public schools. But holding NC charter schools accountable uses the State’s assessment and accountability system. Each of the NC charter schools is free to offer specialized courses and employ various teaching strategies thanks to their degree of independence.

North Carolina charter schools are primarily funded through state and local tax dollars.

Families choose a charter school that they’d like for their child or children to attend, hence enroll into a random lottery. “In our school, once you are notified of admission, you’ll have three days to accept or deny the seat,” says Rachelle Patterson, the registrar of Union Day School. After 3 days, the lottery system will automatically rescind the offer and notify the next family. If you do choose to accept the spot, you’ll have 5 days to complete and turn in your paperwork”.

Choosing a school for your child is basically a big responsibility. Generally in making the decision to attend a charter school you are choosing a tuition-free, independent public school. Nonetheless, the majority of charter schools function more like private schools since they are exempt from many of the laws governing public schools.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

“A charter school is a fantastic free alternative for your child if its leadership, educational philosophy, and mission coincide with those of your family,” Dr Michael Lindsay, Executive Director, Union Day School. For our family, the smaller class sizes, tuition free education that rivals a private school education, and the tight knit feeling of community, are just a few the many reasons we are fans of this type of school. Being a parent who holds experiences with the larger size of a public school, and the intimate atmosphere of a very small private school, I believe that this option creates a wonderful choice for those who fit somewhere in between.

You can find more information about charter schools in North Carolina, and in our area here:

https://www.dpi.nc.gov/students-families/alternative-choices/charter-schools/common-charter-school-questions

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Please Contact Joanna Warren on the Hefferon | Edwards Team for more information on Charter Schools:

 

 

 

 

 

 

 

 

 

 

 

 

Joanna Warren 

Phone: 704-226-8189
Hefferon | Edwards Team

704-761-7484

Charlotte Realtor Supports Homeless

by

Charlotte real estate agent dances to raise money for Charlotte Homeless

Danielle Edwards is a dancing superstar at night in addition to being an award-winning Charlotte Realtor during the day.

  • For the Dancing with the Stars of Charlotte Gala, realtor Danielle Edwards dances with the Charlotte Ballet.
  • She will donate half of her proceeds to the Canopy Housing Foundation to assist Charlotte residents who are experiencing housing insecurity.
  • The Charlotte Ballet will receive the remaining half of the revenue.

To assist the 3,000 Charlotte residents who are homeless, she will donate half of the money she makes to the Canopy Housing Foundation. According to Edwards, the housing market is difficult for everyone, including renters, homeowners, and renters who want to become homeowners.

As a Charlotte Realtor, she stated, “I witness it every day with regular first-time homebuyers and the fact that the city has become expensive.”

The Canopy Realtor Association reports that Charlotte’s median sales price increased by over 7% this year, reaching $375,000 in January. In an effort to maybe change someone’s life in the Queen City, Edwards is battling through the discomfort while performing twists and turns.

She remarked, “I think that’s a win if I can just make a small impact and a small difference to bring awareness and maybe help alter a few lives here in Charlotte, NC.”

Watch Danielle’s piece on Spectrum news here

 

If you are doing a charitable fundraiser, here is a link for some tips on how to make your fundraiser a success.  To find out how I did,  if I won the dancing with the stars competition, click here.

Contact Danielle Edwards for information on Charlotte, NC, real estate.

Danielle Edwards

Charlotte Realtor® Danielle Edwards has been helping clients with their real estate needs since 2006.
2023 is the year of the Professional Realtor and getting back to a more normal real estate market.
Danielle Edwards
Charlotte Real Estate
Realtor, REMAX EXECUTIVE
Hefferon | Edwards Team

704-761-7484
Licensed In: NC
License #: 249833
Contact Me

Questions to Ask Real Estate Agent - Charlotte, NC

 

 

 

 

 

 

 

 

 

 

 

Useful Links

Check out my FIVE STAR REVIEWS here!

 

Common Misconceptions about Real Estate Agents

by

The Common Myths about Real Estate Agents

Common myths and misunderstandings about real estate brokers are spreading frequently, which harms the reputation of these experts.

by Charlotte, NC Real Estate agent- Danielle Edwards – RE/MAX EXECUTIVE

These are top 6 widespread misconceptions regarding real estate brokers:

  1. Real estate agents are wealthy: Not all real estate agents make a good living, though some do. It depends on their experience, market conditions, and how hard they work.
  2. Agents only represents the seller: There are many others work as buyer’s agents and represents the interests of the buyer.
  3. Agents are not needed to have licenses; nevertheless, this rule may differ in different jurisdictions or nations. Obtaining a license frequently involves passing tests, education requirements, and background checks.
  4. In addition to simply showing properties, real estate agents also carry out a number of other duties. They also provide advice on pricing, manage negotiations, and collaborate with other professionals like inspectors and bankers to help clients through the buying or selling process.
  5. Always pushing for the highest price: While advising customers to offer their property at a higher price, brokers must also consider the realities of the market. Agents must be able to persuade potential purchasers of their case, and closing the sale is their first priority—not overpricing the property.
  6. Real estate agents don’t perform any work – Despite what would initially appear to be the case, real estate agents actually offer a wide range of services to consumers.
  7. All real estate agent is the same. Each real estate agent brings a distinctive skill set to the table. Before hiring an agent, do some research to find one that will work well for your needs.
  8. You don’t need an agent to buy or sell – They can help you save time and money while reducing your stress during the transaction.

In conclusion, it’s important to consider the veracity of popular real estate agent misconceptions. Real estate agents are seasoned experts that provide clients with crucial help and direction while they are purchasing or selling real estate. Making sure you get the best deal possible depends heavily on having an agent on your side.

Reading a real estate agents reviews, looking at what they have done online, asking for a recommendation from a friend are great ways to know you will be dealing with a PRO.  There is an old saying, “You get what you pay for.”  Not all real estate agents are created equal. The great ones keep intouch with you after closing, check-in on you, and show appreciation throughout the year.

Find out what are the questions you should ask a real estate agent and what you need to know before working with one. Watch this full video by Charlotte NC Top Realtor – Danielle Edwards.

 

Contact Danielle Edwards for information on Charlotte, NC, real estate.

Danielle Edwards

Charlotte Realtor® Danielle Edwards has been helping clients with their real estate needs since 2006.
2023 is the year of the Professional Realtor and getting back to a more normal real estate market.
Danielle Edwards
Charlotte Real Estate
Realtor, REMAX EXECUTIVE
Hefferon | Edwards Team

704-761-7484
Licensed In: NC
License #: 249833
Contact Me

Questions to Ask Real Estate Agent - Charlotte, NC

 

 

 

 

 

 

 

 

 

 

 

Useful Links

Check out my FIVE STAR REVIEWS here!

 

The Advantages of Working with a Real Estate Agent

by

The Advantages of Working with a Real Estate Agent

If you’re thinking about buying or selling a home in Charlotte, NC, one of the most important decisions you’ll make is choosing a real estate agent otherwise you’ll might be a bit confused of how the process goes. 

Here are some reasons why it’s worth it:

  • You’ll save money:
    A real estate agent will take the time to help you find the right house for you, and they’ll make sure you get the best deal possible on the house you intend to purchase or sell.
  • They know the market:
    They’ll be able to tell you about the housing market, likewise can help you determine whether or not now is a good time for you to buy or sell a house.
  • They can negotiate with sellers:
    Most agents have experience negotiating with real estate agents—so they know what it takes to get fair prices when selling their own homes (or those of other people).
  • Use of the MLS.
    Only real estate agents have access to the Multiple Listing Service (MLS), a database of all houses for sale in a certain area. This means that you won’t have access to this important resource once you aren’t working with an agent.
  • They’ll help you save time.
    A competent real estate agent will be able to handle every aspect of the transaction so you can concentrate on your daily activities.
  • They have a group of experts in their network.
    An effective real estate agent will have a network of experts they simultaneously collaborate with, including loan officials, inspectors, contractors, etc.
As you can see, there are many good reasons why you should work with a real estate agent when buying or selling your home. If you are thinking about doing it yourself, we hope that this blog post has given you something to think about!
Contact Danielle Edwards for information on Charlotte, NC, real estate.

Danielle Edwards

Charlotte Realtor® Danielle Edwards has been helping clients with their real estate needs since 2006.
2023 is the year of the Professional Realtor and getting back to a more normal real estate market.
Danielle Edwards
Charlotte Real Estate
Realtor, REMAX EXECUTIVE
Hefferon | Edwards Team

704-761-7484
Licensed In: NC
License #: 249833
Contact Me

Questions to Ask Real Estate Agent - Charlotte, NC

 

 

 

 

 

 

 

 

 

 

 

Useful Links

Check out my FIVE STAR REVIEWS here!

Dancing for Shelter: Can you help end Homelessness?

by

Dancing for Shelter: Can you help end Homelessness?

Realtors, friends, clients, strangers, followers.. anyone with a Heartbeat I NEED YOU!

I am participating in DANCING WITH THE STARS for CHARITY here in Charlotte, NC.

My chosen foundation is the CANOPY HOUSING FOUNDATION.  I know some of you are not familiar with this charity so here is a fun video to learn about!

It is the charitable arm of the CANOPY REALTOR ASSOCIATION and will use the money raised to focus on the homeless issue in our hometown.  Every homeless person has a different story.  It could be domestic violence, loss of a job, can’t afford housing so they have to live on the streets.

The Canopy “HOUSING” Foundation strives to have the basic need of SHELTER- met. (learn more about CHF at the end)

Can you join me?  My goal is to educate the public that REALTORS do more than just sell homes.  I would say MOST of us pour back into our community.

Not to mention being in last place because I’m against big corporate executives is tough.

$5  

Provides one hygiene kit (contains all of the basic materials for good hygiene health such as toothbrush, toothpaste and soap)

 

$10  

Provides a pillow and a blanket for a homeless individual

 

$25    

Provides clean undergarments for an individual who is currently homeless as well as one clean, new t-shirt and a small assortment of hygiene products

$150     

Equips families with two essential kits (a cleaning kit and a kitchen kit) as they move from homelessness to more permanent housing

 

$350

Provides a completely furnished home for a homeless individual utilizing local partnerships and furniture donation banks

$500

Assists a family that is unsheltered in rebuilding their lived with rental assistance, medical assistance, food, clothing, transportation and job assistance

 

$1500

Assists a family of 4 (living below the poverty level) in obtaining secure and stable housing for one month period through a rental partnership program orchestrated by local rental agencies

 

$3000

Re-locate 30 families or individuals into transitional, temporary housing at a cost of $100 each – setting them on a path towards a new life

 

 

Find out more with our new video upload :

CANOPY HOUSING FOUNDATION

 

About Canopy Housing Foundation

Through Canopy Housing Foundation, which serves as the charitable-arm of Canopy Realtor® Association, allows area Realtors® to address unmet housing needs and advocate for fair and affordable housing standards and practices. Since 1985, the Foundation has been working to make a difference in the communities it serves through a number of programs, events and financial support. Here’s how:

 

Habitat for Humanity Support Program

Canopy Housing Foundation conducts a Habitat Support Program to fund regional Habitat organizations in Haywood, Iredell and Mecklenburg Counties. In 2022, the Foundation awarded $21,000 to seven-area Habitat for Humanity organizations. Since 2007, the Habitat Support Program has awarded more than $296,700 to regional Habitats.

Community Grants Program

Canopy Housing Foundation’s second grant initiative, the Community Grants Program, aids local housing organizations in Mecklenburg, Iredell and Haywood counties, whose purpose is expansion, improvement and sustainability of housing in our community. Launched in 2009, the program annually awards funds to area nonprofits addressing unmet housing needs. In 2022, Canopy Housing Foundation awarded $50,000 in grants to 17 area nonprofits. To date, the Community Grants Program has awarded approximately $444,800 to area nonprofits in the community.

 

Strides for Shelter 5K Run/Walk

Open to the community, Canopy Housing Foundation’s Strides for Shelter 5K Run/Walk is one of the only local races dedicated to addressing homelessness. More than 600 runners participate each year in this community-wide race. This year, the Strides for Shelter 5K Run/Walk was held on Oct. 22, 2022. Each year, the race benefits a local housing nonprofit. Since 2016, the Foundation has returned more than $125,000 from race proceeds to the following local beneficiaries:

  • 2016 – Housing First Charlotte-Mecklenburg/Urban Ministries – $5,000
  • 2017 –A Child’s Place – $15,107.66
  • 2018 – Men’s Shelter of Charlotte – $20,555.43
  • 2019 – The Relatives – $25,222.22
  • 2020 – Cancelled due to COVID-19
  • 2021 – Hope House Foundation – $26,760
  • 2022 – Charlotte Rescue Mission – to be announced Dec. 16, 2022

 

Realtors® Care Day

Realtors® Care Day is Canopy Housing Foundation’s annual all-day home repair project to assist homeowners with critical exterior home repairs and provide safety modifications for the elderly and disabled in Mecklenburg, Iredell and Haywood Counties. Launched in 2009, Realtors® Care Day brings together almost 400 volunteers, from Realtors® to contractors, Habitat for Humanities and other housing partners to repair multiple homes during National Fair Housing Month (April), while helping to change the lives of the homeowners living in them.  Realtors® Care Day has evolved to include work on community sites, like Serenity House of Mooresville where exterior and interior painting was done and Harvest Center of Charlotte where a community garden was planted. Since inception, the program has helped 300 families and organizations and has had a financial impact exceeding $1.2 million. The 2022 Realtors® Care Day project was held on April 29, 2022.

Project REACH

In 2017, Canopy Housing Foundation started Project R.E.A.C.H. (Realtors® Engaging And Creating Hope) as a vehicle to provide Realtors® with hands-on community service experiences at five local nonprofits annually. Each year approximately 125 Realtors® donate their time and volunteer with local community nonprofit partners, identified by Canopy Housing Foundation’s Fair and Affordable Housing Advisory Group (FAHAG).

Canopy Housing Foundation Awards & Scholarships

Through Canopy Housing Foundation, Realtors® are able to annually recognize individuals, projects or groups that are making outstanding contributions to the community.  The Humanitarian Award, established in 2007 is, given annually in December.  Upon receiving the Humanitarian Award, recipients may designate a nonprofit organization of their choice to receive $5,000 from the Foundation. Since its inception, the foundation has returned more than $50,000 to community organizations through the Humanitarian Award program.

In 2019, the Canopy Housing Foundation instituted the YES Award to recognize and celebrate the area’s youth who are engaged in improving the quality of life in the region. Young people engaged in service mature into adults who serve the community. Youth ages 10-18 are eligible and the chosen recipient is honored by receiving a commemorative plaque and $500 to be donated to the charity of their choice in their name.<h/5>

Each year Canopy Housing Foundation – Western Region (Haywood County) provides two scholarships to graduating seniors. Scholarship applications are reviewed by a panel of Realtors® in Haywood County, who make its recommendation for recipients to Haywood County Schools Foundation. Since 2020, $5,000 has been invested in these students and their continuing education.

Contact Danielle Edwards for information on Charlotte, NC, real estate.

Danielle Edwards

Charlotte Realtor® Danielle Edwards has been helping clients with their real estate needs since 2006.

Did you know that less that 91% of Charlotte Realtors have worked in a market with less than 45 days on the market and interest rates above 6%!!

2023 is the year of the Professional Realtor and getting back to a more normal real estate market.

Danielle Edwards
Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Charlote Real Estate Market Forecast 2023

by

Charlotte Real Estate Market Forecast

2023-2022 home sales across the Charlotte region trend back to 2019 levels.

Article by Canopy Realtor Association shared by Danielle Edwards

CHARLOTTE, N.C. — At the end of 2022, existing-home sales across the 16-county Charlotte region declined 15.3 percent year-over-year, as 50,286 homes sold across the region last year. The region had approximately 9,300 more home sales in 2021 than in 2022, which included 12 consecutive months of year-over-year declines. 2022’s sales were on par with sales at the end of 2019, which was a healthier year of sales, due to the overall pace of the market and amount of inventory. There were 3,0

65 closed sales during the month of December 2022 throughout the region, which is down 37.7 percent year-over-year. Sales included in this report, come from Canopy MLS and include single-family and condo-townhome data only, for the 16-county region.

A gauge of buyer interest, pending contracts, fell throughout the year and totaled 47,477 houses under contract, a 20.5 percent decline from contract activity in 2021.. In part because the FED increased interest rates in response to inflationary pressure during 2022, buyers withdrew from the market. Contract activity reached a low point in December with 2,472 homes signing contracts, a decline of 32.4 percent from the previous year. Contract activity is typically a forward-looking indicator and a good predictor of future sales.

 

“Our region has experienced a tremendous amount of growth over the last year, even though year-over-year sales activity didn’t reach the level of activity we saw during the height of the pandemic,” said Tiffany Johannes, the 2023 president of Canopy Realtor® Association/Canopy MLS and Realtor®/Broker-In-Charge with RE/MAX Executive Ballantyne. We observed a return to a relatively healthier timing and pace of activity during most of last year and will continue to do so because 2021 was an outlier and an unhealthy market. If there’s any good news, it’s that the slower pace of sales should let inventory increase and possibly provide purchasers more options later this spring.

Year-end statistics reveal that with 57,973 residences posted during the year, new listing activity—which is a proxy for seller activity—was down 10% from 2021. During the month of December sellers listed 2,418 homes for sale, a 31.3 percent year-over-year decline. As buyers pulled back last year, seller activity also declined.

 

 

Inventory had 6,479 homes posted for sale as of report time on January 5, 2023. A 54 percent increase from the 4,206 homes for sale at the same time last year. Months of supply rose 100% to 1.6 months, indicating that the area is still in a seller’s market. That is far from being balanced at six months of supply. Prices continued to rise year-over-year in December.

The average sales price was $444,600 for the entire year. It was up 14.9% from the previous year, and the median sales price was $379,890. The initial list price to sales price ratio rose to 99.7%. As a result of sellers continuing to be able to sell their houses for virtually their full asking price. Only for the month of December, the median sales price ($373,625) and average sales price ($436,920). Then both grew by 6.8 and 7.3 percent over the prior year. The percentage of original list price to sales price in December dropped further, to 94.7 percent.

The property market’s slowing down is just one of many indicators that point to a recession this year. This is according to many experts, Johannes added. But buyers need to understand that a recession doesn’t necessarily equate to home prices falling. Rates are anticipated to fall further. As inflation continues to reduce, even if the era of rates of 3% is probably over. Housing would be crucial to an economic recovery, according to our current outlook, and any recession would be minor.

Time on market across the region showed homes sold quickly throughout 2022, leaving buyers little time for negotiation.  List to close averaged 77 days last year compared to 73 days in 2021. The metric that accrues for “Active” and “Under-contract-show” statuses, showed homes averaged 22 days on market in 2022. It was compared to 19 days on market in 2021.  However, on December, List to Close increased from 75 days in 2021 to 99 days in 2022. And while days on market in December, increased from 20 days in 2021 to 41 days in 2022.

Charlotte Real Estate Agent Danielle Edwards

“Charlotte, NC and the Carolinas in general rank among the top 5 States where people are moving to. Not only that many experts rank Charlotte, NC as the market to watch in 2023. Charlotte Real Estate Agent, Danielle Edwards with RE/MAX EXECUTIVE has seen buyers that have been on the sidelines starting to resurface. It is really hard to tell what our market is like. This is because like most areas we experience a seasonal slow down this time of year.
2021 was an unhealthy market, and now it is about re-educating sellers on how to price their home properly, and education buyers on ways to still win.

When I meet with new buyers I don’t just meet them at a house. I sit with them in my office and we go over their wants and needs, the different areas, and how to strategize a game plan that will have their house search here in Charlotte, NC be affective.”

 

 

Canopy Realtor® Association owns and operates Canopy MLS, the region’s primary source for accurate and timely property data in a multicounty service area including the Charlotte MSA, Asheville MSA and Catawba Valley region spanning across North Carolina and South Carolina to outside the Carolinas.

Canopy MLS provides the latest technology, tools and analytics that Realtors® utilize to support consumers with their residential real estate.

For more great real estate information on the Charlotte, NC reach out to Danielle Edwards.

If you liked this article be sure to follow us on our social media channels!

Back on the Market Townhomes Charlotte – Galloway Park

by

Townhomes Charlotte

BACK ON THE MARKET New Townhomes Charlotte for Sale – Galloway Park

1408 Galloway Park Road, Charlotte, North Carolina

Let’s check out this Charlotte listings townhome stats!

  • Price: $370,000
  • Address: 1408 Galloway Park Road
  • City: Charlotte
  • State: North Carolina
  • ZIP: 28262
  • MLS #: 3936290
  • Square Feet: 1,742
  • Bedrooms: 3
  • Bathrooms: 2.5
  • Built: 2021
Additional Features: 
It has an exciting neighborhood features, amazing view, an overlooking terrace and a perfect home for you!

Living in Charlotte, NC – 28262 more information on – Townhomes Charlotte

If you’re looking forward to buying a new construction home, this is  townhome is exactly what you’re looking for! Be astounded with our newest REMAX listing on the market. This stunning end-unit-corner lot facing treed lot has been barely lived in and will definitely meet all your standards. It has a majestic Iron-stair case spindles, Primary bath expanded shower, Smart home thermostat, alarm and door locks! In addition to this, it has a Top Level kitchen upgrades with 5-burner gas stoves for you to have a wonderful cooking experience! Our kind sellers added some fancy stuff like the new swanky fan in the family room and a 2-inches faux wood blinds. You’ll never get to worry about supply chain issues to get your SS refrigerator and washer and dryer too!

Here’s a more interesting fact :

It’s only a few blocks away from Trader Joes, and UNC-Charlotte!  Definitely a great catch! You will love the Charlotte restaurants and the quick access to make your way home.  This Charlotte NC location is a 10!  Most Charlotte townhomes are older in this area.  So finding something this new is a score!  Townhomes are great because you don’t have someone living above you.
If you are new to the Charlotte, NC area this area is just North of Uptown Charlotte.  Home prices tend to be slightly less than what you will find in South Charlotte.  Living in this area is great for easy access to the Charlotte area and shopping is just around the corner.
Check out the location on the map:

LEARN MORE ABOUT THE TOWNHOUSE. HERE’S A QUICK TOUR!

Don’t wait too long!  Mortgage are starting  to decrease  and rates starts to stabilize! So this might be the sign you have been waiting for!
For more information on this townhome or living in CHARLOTTE, NC just reach out.

Contact Danielle Edwards for information on Charlotte, NC, real estate.

Danielle Edwards

Charlotte Realtor® Danielle Edwards has been helping clients with their real estate needs since 2006.

Did you know that less that 91% of Charlotte Realtors have worked in a market with less than 45 days on the market and interest rates above 6%!!

2023 is the year of the Professional Realtor and getting back to a more normal real estate market.

Danielle Edwards

Charlotte Real Estate

Realtor, REMAX EXECUTIVE

Hefferon | Edwards Team

704-761-7484
Licensed In: NC
License #: 249833
Contact Me

Questions to Ask Real Estate Agent - Charlotte, NC

 

 

 

 

 

 

 

 

 

 

 

Useful Links

Check out my FIVE STAR REVIEWS here!

 

 

Tips on Moving to CHARLOTTE NC

by

Tips on Moving to Charlotte, NC

8 Things to Know About Moving to Charlotte

No doubt, Charlotte, NC  is a fun and exciting place to visit. Whether you’re a sports fan, a history buff, or just looking for a fun night out on the town, Uptown Charlotte has something for everyone. But if you’re planning on relocating to the Queen city, here are 8 things to know about moving to Charlotte, NC and tips on moving to Charlotte NC.

#1 Uptown is downtown.

Uptown Charlotte is the central business district of Charlotte, North Carolina, and is a vibrant and exciting place to visit. The area is home to various attractions, including the NASCAR Hall of Fame, the Mint Museum, and the Levine Museum of the New South. It also has a wide range of restaurants, shops, and entertainment venues. Uptown Charlotte is home to a number of entertainment venues, including Bank of America Stadium (home of the Carolina Panthers NFL team), and Spectrum Center (home of the Charlotte Hornets NBA team). In addition, the area is home to a number of several greenspaces including Romare Bearden Park and the Little Sugar Creek Greenway.

#2 Charlotte is home to many diverse neighborhoods.

Charlotte, North Carolina is a diverse city with a variety of neighborhoods that reflect its cultural and economic diversity. Some of the city’s neighborhoods are more affluent and primarily residential, while others are more urban with a mix of residential, commercial, and industrial areas. Communities in Charlotte known for their diversity include Plaza Midwood, which is home to a mix of professionals, artists, and families. Another diverse neighborhood is NoDa (short for North Davidson), which is known for its arts scene and eclectic mix of residents. The Elizabeth neighborhood has a mix of single-family homes and apartments. And, Dilworth is a residential area with a mix of restaurants, and South End is a more urban neighborhood with a mix of residential and industrial areas.

Lake Wylie, SC

Photo: Kelly Sikkema on Unsplash

#3 Charlotte has beautiful lakes.

Lake Norman and Lake Wylie are two popular lakes located in Charlotte, NC. Both lakes are known for their beautiful natural surroundings and offer a variety of recreational activities for residents and visitors. Lake Norman, which is located just north of Charlotte, is the largest man-made lake in the state. It is home to a number of marinas, restaurants, and other amenities. Lake Wylie, which is located just south of Charlotte, is a smaller lake. It is home to a number of parks and recreational areas, as well as several marinas and boat ramps. Both Lake Norman and Lake Wylie are popular destinations for residents and visitors to the Charlotte area. They offer a wide range of recreational activities and amenities. Whether you are looking to relax on the beach, go fishing, or enjoy a day out on the water, these lakes have something for everyone.

#4 Greenways, greenways, and more greenways!

Charlotte has greenways in every pocket of the city and they will all connect by the end of 2023, making for one seamless intracity greenway called the Cross Charlotte Trail (XCLT). These trails are typically located along natural corridors such as rivers, creeks, and abandoned rail lines, and they can be used for activities such as walking, biking, and running. There are several greenways in Charlotte, including the Little Sugar Creek Greenway, which runs through the city’s center and connects several neighborhoods and parks. Other greenways in the city include the McAlpine Creek Greenway, the Stewart Creek Greenway, and the Four Mile Creek Greenway. Greenways in Charlotte are managed by the Charlotte Department of Transportation. They are an essential part of the city’s network of trails and bikeways. They provide residents and visitors with opportunities to enjoy the outdoors and engage in physical activity, and they also serve as essential corridors for wildlife habitat and conservation.

#5 Lots of roads in Charlotte change names.

There are several roads in Charlotte, North Carolina, that change names as they pass through different neighborhoods or jurisdictions. One example is Independence Boulevard, which changes its name to Eastway Drive as it passes through the east side of the city. Other roads in Charlotte that change names include:

  • Fairview Road: Changes to Sardis Road, which turns into Rama Road in the southeastern part of the city
  • Providence Road: Changes to Marvin Road in the southeast part of the city
  • South Boulevard: Changes to Park Road in the South Park neighborhood
  • Beatties Ford Road: Changes to Rozzelles Ferry Road in the northwest part of the city
  • Billy Graham Parkway: Changes to Statesville Road as it passes through the north side of the city
  • Wilkinson Boulevard: Changes to Freedom Drive in the northwest part of the city

It’s important to pay attention to road signs and be aware of these name changes, as they can confuse visitors or newcomers to the city.

Charlotte BBQ

Photo by Kitera Dent on Unsplash

#6 Amazing BBQ… Better than Texas or Midwest.

There I said it! Charlotte, North Carolina has a thriving food scene, and BBQ is one of the city’s specialties.

There are several BBQ restaurants in Charlotte that are known for their delicious, slow-smoked meats and flavorful sauces. Some popular BBQ joints in Charlotte include:

  • Midwood Smokehouse, for its award-winning BBQ and craft beers
  • Mac’s Speed Shop, which serves up classic BBQ dishes such as pulled pork and ribs
  • Smokey Joe’s BBQ, which is known for its traditional southern BBQ
  • Sauceman’s BBQ, which serves up a variety of BBQ meats and sides.

In addition to these conventional BBQ restaurants, Charlotte also has a number of newer, more modern. BBQ spots that offer unique twists on classic BBQ dishes. With such a wide range of BBQ options to choose from. there is something for every BBQ lover to enjoy in Charlotte.

#7 Taxes are higher in Charlotte, NC

Charlotte has relatively high property taxes compared to other cities in the state. According to the Tax Foundation, the average effective property tax rate in Charlotte is 1.29%. This is higher than the state average of 0.77%. In addition to property taxes, Charlotte residents also pay state and local sales taxes. The state sales tax rate in North Carolina is 4.75%, and the local sales tax rate in Charlotte is 2.5%, for a total sales tax rate of 7.25%. The state income tax rate in North Carolina ranges from 5.25% to 7.25%, depending on income level. While the tax burden in Charlotte may be higher than in some other cities, it also has a strong economy and a high quality of life, making it an attractive place to live and work.  2023 is a TAX REVALUATION year.  Learn about that here

#8 Charlotte is rapidly growing because everyone is moving here

Charlotte has experienced significant population growth in recent decades. According to data from the U.S. Census Bureau, the population of Charlotte increased by 23% between 2010 and 2020, from 731,424 to 903,393. The city’s population is expected to continue growing in the coming years. Several factors contribute to Charlotte’s growth, including its strong economy, diverse job market, and high quality of life. Charlotte is home to several major corporations and financial institutions, and it has a thriving startup scene and a growing tech sector. The city is also home to several universities and colleges, which helps act a diverse and educated workforce. In addition to its strong economy, Charlotte is known for its attractive natural setting and outdoor recreation opportunities.  Currently, Zillow has CHARLOTTE ranked as the #1 market to watch for 2023.

Charlotte, NC or North and South Carolina are amongst the top 5 states people are flocking to.  For more tips on moving to Charlotte NC and questions on the different areas, schools, things to do.. All that good stuff – let’s talk!

Contact Danielle Edwards for information on Charlotte, NC, real estate.

Questions to Ask Real Estate Agent - Charlotte, NC

Charlotte Realtor®

Tips on Moving to Charlotte NC

Danielle Edwards

South Charlotte Real Estate
Realtor, REMAX EXECUTIVE

Hefferon | Edwards Team
704-761-7484
Licensed In: NC
License #: 249833
Contact Me

Questions to Ask Real Estate Agent - Charlotte, NC

 

 

 

 

 

 

 

 

 

 

 

Useful Links
What does your equity say?
Buyer Market Update Reports

Danielle Edwards Favorite MUST have Charlotte Real Estate Links

Buyer real estate software for market  updates

Best real estate software for the value of your home

Search Charlotte Properties with Danielle

Check out my FIVE STAR REVIEWS here!

 

 

 

 

Contact

Danielle Edwards
RE/MAX Executive
12104 Copper Way Ste. 100
Charlotte, NC 28277
704-276-6882
info@soldondanielle.com

Get Social

   

RE/MAX Executive