Tag Archives for " National Association of Realtors "

May 27, 2015

8024 Juniper Court, Indian Trail, NC

8024 Juniper Court Indian Trail NC

8024 Juniper Court is nestled in a quiet neighborhood located in Indian Trail, North Carolina. This beautiful home welcomes you with a large front porch and has lovely landscaping that gives the home great curb appeal.

This charming home comes with four spacious bedrooms and three bathrooms – 2 full and 1-half bath with new renovations throughout. The exterior of the home has been freshly painted and the floors in the kitchen have been revamped as well. The kitchen comes equipped with stainless steel appliances, granite countertops and stone backsplash. Crown molding lines the ceilings around the home and tray ceilings add a touch of elegance to the master suite.

Spacious, green and well manicured, the backyard is perfect for enjoying these summer nights. The deck has been treated and stained to maximize its life and the new homeowner can enjoy it for years to come.

Juniper Court is listed at $232,500 with tons of storage, space and room to grow! 

 

March 27, 2015

April HUD Agent Training Workshop

HUD Agent Training Workshop

HUD Sales Training for Real Estate Agents

Tuesday, April 21, 2015 at 11:30AM – To RSVP go to https://aprilhud.eventbrite.com

Showcase Realty is offering a free HUD Sales Training workshop for Real Estate agents in the metro Charlotte area. The HUD workshop is designed to teach Brokers the secrets to closing more HUD transactions in 2015. Nancy Braun, Owner and Broker-in-Charge of Showcase Realty and Mike Maniace, Director of HUD & REO operations will conduct the 2-hour workshop.

Agents can expect to learn:

  • The selling process to better serve their buyers
  • How to navigate the HUDHomestore.com website
  • What is a HUD Home
  • How to search for properties
  • Important updates and changes to the program

Free lunch will be provided by Movement Mortgage, co-sponsor of the event. The HUD workshop is scheduled for Tuesday, April 21, 2015 at 11:30AM at Showcase Realty’s office, located at 1430 S. Mint Street in Historic South End. Seating is limited.

To RSVP go to https://aprilhud.eventbrite.com

Showcase Realty 1 Movement Mortgage

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March 18, 2015

HUD Home of the Week – 414 Leander

HUD Home of the Week

414 Leander Street is a very charming 1-story home in Shelby, North Carolina that is an incredible deal at only $66,800, more than 43,000 below tax value.

The home has a cozy front porch, is more than 18 hundred square feet and sits on a third of an acre with lots of mature trees. This is a 3-bedroom 2-bath home with many interior period details. It features hardwood floors, a fireplace and crown molding throughout. The home has an open kitchen, tons of natural light, a bonus room and an unfinished basement perfect for extra storage. It has easy access to HWY (74) and is close to dining and entertainment in Shelby.

For more information on how to purchase this HUD home contact Showcase Realty today at 704-997-3794 or visit our website at Showcaserealty.net

Charlotte Housing Market Aims to Reach New Normal

Charlotte Housing Market Aims to Reach New Normal

Though Charlotte’s housing market continues to improve, it may never be able to return to its booming days back in 2006. A fair comparison of the market’s current situation is the construction activity that took place from 1998 to 2003 where the region had an average of 15,000 single-family permits yearly. Last year, Charlotte issued 8,800 permits or almost 60% of the average and 41% of the boom-time average.

“I don’t think we’ll ever return to the numbers we had then. If we got to 18,000 new-home permits, that would be very high cotton,” says real estate analyst at Newton Graham Consultants.

Charlotte’s current market is only solid in areas with active-adults and those with expensive infill projects, however the market remains fragile when it comes to huge developments in remote areas, move up homes, and the first-time homebuyer’s market.

“It’s a hit-or-miss market,” says Wells Fargo Securities Senior Economist Mark Vitner. “What’s been missing is large-tract development. The large tracts of land ready to be built on are way out in the ‘burbs, and demand hasn’t strengthened enough to justify construction that far out.”

In 2011, the housing market was at its lowest point with only 4.505 new homes sold, but numbers are creeping back up. Last year, builders were also disappointed when only 8,135 properties were closed, which hardly was an improvement from 2013’s statistics.

Jay Colvin, Director at real estate analysis firm Metrostudy believes one reason behind such occurrence is the problem in supply. Homebuilders have been reporting a shortage in suitable lots in places near the heart of the employment, shopping and uptown areas. Though the pace of development continues to increase, the time consumed to develop a lot and build a home could probably lead to a breakout in 2016 than this year.

Aside from this, another challenge that the housing market needs to deal with is the shortage of buyers willing to purchase new homes priced below $200,000. This commonly happens in a first-type-homebuyer’s market, which holds almost a third of the new-home sales.

“In Charlotte, year-over-year starts of new homes priced below $200,000 are down 7%,” Colvin says. “But look above that number and home starts above $200,000 are up 5%. You’ve had this rebound, but it’s all been driven by higher price points. Builders are leaving the entry-level housing market.”

Vitner believes first-time homebuyers potentially are having a hard time qualifying for a home loan because of their debts. Furthermore, majority of this age group are Hispanics and African-Americans, which nationally have been noted for their low homeownership rates.

The housing market continues not to feel the impact brought about by at least 80 million millennials, aged 18 to 33, because majority of them are still in school, living at home or renting an apartment.

“There’s lots of discussion that millennials may never buy a house,” says Graham. “I don’t think that’s the long-term direction, but it’s certainly the short-term direction.”

On the other hand, the strongest section of the market is brought about by homes that attract baby boomers since they are currently relocating to Charlotte or are downsizing.

“If it’s a product we can sell to a baby boomer, we can sell it,” co-owner of Evans Coghill Homes Alan Banks said. Two years ago, Banks’ company started constructing homes in Riverwalk believing that these would attract young families with school-aged kids. “We tried to make that work until about the second quarter of 2014. Showing up at our door were baby boomers who were downsizing,” says Banks.

The improving number of employment opportunities along with population growth is expected to start the building market. Graham predicts that in 2015, new-home sales will increase 10%. As for Vitner from Wells Fargo, the rise will be at 20%.

Meanwhile, from 2013 to 2014, prices of new homes have increased by 7%, which is actually a rise of 12% over the previous peak way back in 2008.

According to Terrence Llewellyn, president of the Charlotte Home Builders Association, the increase in both demand and values are good news for homebuilders within the region. “We had an 80% reduction in home-building permits from 2006 to 2010,” says Llewellyn. “We are renormalizing, and we are certainly nowhere near overheating.”

With the improving home building market, Llewellyn believes that this will have a domino effect in the local economy since homebuyers will eventually need to buy appliances and furnishings.

Llewellyn says home builders are optimistic especially with the growing Charlotte population and job opportunities, which is definitely better than any region across the nation. This remains true even though lots for home construction remain to be rare in high-demand areas and even with the rising cost of home construction.

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March 3, 2015

Tranquil Cabin & 40 Wooded Acres Perfect for Racecar Enthusiast or Nature Lover

310 cabin creek

Are you a nature lover looking for a home in a tranquil area? Perhaps a racecar enthusiast considering a space to house your cars? Look no further because this cabin could be exactly what you’re in the market for. This unique private retreat in the woods offers a serene and quiet place to escape the hustle and bustle of the city. Located on 310 Cabin Creek Road in Mooresville, NC, this cabin oasis sits on 40 acres, which includes multiple tranquil creeks that run throughout the property and an auto workshop. Not only is this home engulfed in the surrounding nature, there are also special touches that bring nature inside. You can sit out on the front porch which overlooks one of the creeks and enjoy a cup of tea or coffee in the morning. Cabin Creek was built with rare Hemlock logs from North Carolina Mountains and 35 tons of stone was used in the unique stonework found in all foundations and chimney of the home. The ceilings are all oak as is the overhangs on the outside of the house.

310 Cabin Creek Rd.

310 Cabin Creek Rd.

Inside, the home offers 3 bedrooms, 3 and a quarter bathrooms – two full, one-half and one-quarter – complete with a tiered wrap-around deck.  The original rustic theme can be seen throughout the house in the stone fireplace in the living room, the warm black walnut floors, mixed with the wide board oak floors and the extinct wormy chestnut cabinetry in the kitchen. The antiqued stove offers the same rustic appeal but in a modern way (bonus: all the appliances come with the house). A mudroom is accessible when you walk in from the garage to hold all of your coats, shoes, and equipment.

Pamper yourself in the spacious master suite which includes a jetted tub, separate shower, two pedestal sinks, large closets and skylights to gaze up at the stars. All of the rooms located on the second floor come with a skylight so everyone can enjoy the view. Another additional bonus, you get to keep the antique wardrobe and postal desk located in the master suite when you move in!

Moving to the basement, you will find a third bedroom with an office area (another bonus: you get to keep the desk!), a large closet, and a full bathroom. This bedroom is also encased in concrete and steel making it the perfect storm shelter. There is also a custom built cedar sauna to lounge in when you need to relax.

310 Cabin Creek Rd.

310 Cabin Creek Rd.

Don’t be barled by cabin creek’s rustic charm, the cabin has an HVAC system, gas furnace, security system and electric panel. There is also a new wood custom Jotul fireplace insert in the stone fireplace with a custom black oak mantel that was made from the property! One great environmental factor to this cabin is it is equipped with solar power panels. This feature is going to cut back on your monthly utility expenses and the security system is connected to the panels as well.

Saving the best for last, the backyard of this house is magnificent. Off of the 240-square bart deck, you can enjoy the in-ground pool and pool house. You can spend all day exploring the 40 acres of land that are home to deer and wild turkeys. There are also two large garden areas ready for planting all of your veggies. Apple, plum, pear and peach trees are also planted in the backyard for you to enjoy.

Professional Car shop

Professional Car Shop

For the sports car enthusiast, there is a large two car garage with access to an upper finished room and pool area. The professional auto shop measures 40 x 40 and is licensed for business. The auto shop is insulated, has its own gas heaters, propane tank, 10-ton car and security system and is zoned for commercial use. It has a finished office with customer counter and linear panels with a covered lean-to on the back. The motorcycle lift located in the auto shop is negotiable. Zoning for this property is residential, forestry and commercial so there is a ton of potential to do what you want with this space. If that’s not enough, there is one more feature that is sure to please. The home also comes with a fully renovated mobile home that is currently being rented for additional income!

This unique and tranquil wooded 40 acres, with 2 homes, car enthusiast commercial workshop and multiple babbling creeks is offered at $1.6 million. For more information or to personally view the property call Nancy Braun at 704-488-3109.

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February 26, 2015

Showcase Realty Congratulates Broker Leigh Anne Forlidas

Showcase Realty Congratulates Broker Leigh Anne Forlidas

SHOWCASE AGENT SELECTED FOR LEADERSHIP ACADEMY

Showcase Realty is proud to announce Broker Leigh Anne Forlidas’ selection as one of 14 participants of the 2015 Charlotte Regional Realtor Association Leadership Academy. The CRRA Leadership Academy is an intense nine-month, five-stage program that focuses on goal setting, communication, business relationships, meeting management and time management.

“I am thrilled and proud of Leigh Anne and I know she will be an awesome addition to the group,” says Nancy Braun, Owner and Broker-In-Charge of Showcase Realty. “She is extremely passionate about real estate. She puts her all into every client and every transaction.”

Broker Leigh Anne Forlidas

Broker Leigh Anne Forlidas

A graduate of Charlotte Latin School and Queens College with a degree in Mathematics, Leigh Anne is a born and bred Charlottean.  Real Estate found this former Sprint Global Markets group sales executive whose personality is a natural fit for meeting new people.

“I’m truly honored and grateful to be included in the Leadership Academy,” says Leigh Anne. “I’m not only excited about the new opportunities this will give me to challenge myself; I also look forward to meeting new people and learning about ways to contribute to the program in the future.”

In addition to being the Showcase Realty agent recruiter and trainer, Leigh Anne is a licensed broker in both North and South Carolina and works tirelessly to provide her clients with the level of service that everyone buying or selling a home deserves.

The Leadership Academy identifies, inspires and mentors emerging leaders. This leadership development program is designed to guide each participant through their own self-discovery process and to teach the necessary skills to become a more positive influence within the community and the industry.

Leadership Academy participants will attend training and development retreats that focus on how to lead in a variety of situations. After the retreats are completed participants prepare for graduation where they meet as a group to reflect on their personal growth and development.

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February 12, 2015

Showcase Realty Announces Promotion and New Talent

Showcase Realty is pleased to announce the promotion of Mike Maniace to Director of HUD and REO Operations, as well as welcoming new hires, Sally Taylor and Stephanie Earl. Showcase is delighted to be a part of their professional goals and achievements and excited to see the company expand as well.

Mike Maniace to Director of HUD and REO Operations

Mike Maniace to Director of HUD and REO Operations

Mike Maniace started as an agent at Showcase Realty in 2009 and was soon promoted to Director of HUD. Under Mike’s leadership Showcase surpassed $12M in HUD home sales in 2014. He excelled in his position and streamlined this division of Showcase Realty. Nancy Braun, owner and Broker-in-Charge of Showcase Realty named Mike Director of HUD and REO Operations in January 2015. Mike now heads up one of the top HUD & REO real estate offices in the Carolinas. He handles every aspect of HUD & REO transactions from cradle to closing.

Nancy Braun describes Mike Maniace as an exceptional person who expanded his role at Showcase Realty and improved his division’s operational system with his great customer service. “Mike’s managerial skills helped to streamline our HUD division and we are thrilled to have him do the same for our REO division,” says Braun.

Mike hails from upstate New York and has been a real estate agent for 8-years. He earned an Associate’s degree in Environmental Science from Genesee Community College in Batavia, NY. Mike began his professional career as a manager for Enterprise Rental Cars. He relocated to Charlotte in 1999 and became Real Estate Agent at Keller Williams before joining Showcase Realty. Mike finds the most joy in real estate in the customer service interactions. He loves being a part of the first-time home buyer experience and also seeing clients move up from their first home into their dream home. Mike is a licensed broker in North and South Carolina and a member of the National Association of Realtors, the Charlotte Regional Realtor Association and the North Carolina Real Estate Commission.

Stephanie Earl Real Estate Admin

Stephanie Earl Real Estate Admin

Showcase Realty also welcomes new hires Stephanie Earl and Sally Taylor. Team player, Stephanie Earl joined Showcase with a laser focused mission to provide our client’s with stellar service. After graduating from East Carolina University, she returned to Charlotte and obtained her NC Broker license. Stephanie’s focus will be on Nancy Braun’s retail listings for current and prospective personal clients. Stephanie looks forward to growing at Showcase and using her exceptional communication skills and leadership personality.

Sally Taylor HUD Accounts Specialist

Nancy also welcomes Sally Taylor to the Showcase team. Sally joins Showcase as a HUD Accounts Specialist, working with Director of HUD and REO Operations, Mike Maniace. Prior to her position at Showcase, she was a Foreclosure Specialist and then was promoted to Foreclosure Supervisor at RoundPoint Mortgage Servicing Corporation in Charlotte. Sally is sharp real estate professional eager for the growth potential available at Showcase.

Showcase Realty is an innovative boutique Charlotte real estate firm located at 1430 S. Mint St. in the Historic South End district.  Owner and Broker in Charge Nancy Braun founded Showcase Realty in 2008 on the principles of innovation, teamwork, and community mindfulness. Committed to selling homes and surpassing customers’ expectations, Showcase provides professional service, personally delivered. For more information visit www.showcaserealty.net.

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January 29, 2015

FHA to Reduce Annual Insurance Premiums

FHA lower mortgage

FHA TO REDUCE ANNUAL INSURANCE PREMIUMS

Reduction to increase credit affordability and reflects improved economic health of FHA

FHA TO REDUCE ANNUAL INSURANCE PREMIUMS Reduction to increase credit affordability and reflects improved economic health of FHA WASHINGTON – As the nation’s housing market continues to improve, U.S. Housing and Urban Development Secretary Julián Castro today announced the Federal Housing Administration (FHA) will reduce the annual premiums new borrowers will pay by half of a percent. This action is projected to save more than two million FHA homeowners an average of $900 annually and spur 250,000 new homebuyers to purchase their first home over the next three years. Read FHA’s Mortgagee Letter.

Today’s action also reflects the improved economic health of FHA’s Mutual Mortgage Insurance Fund (MMIF). FHA’s recent annual report to Congress demonstrates the economic condition of the agency’s single-family insurance fund continues to improve, adding $21 billion in value over the past two years.

“This action will make homeownership more affordable for over two million Americans in the next three years,” said U.S. Department of Housing and Urban Development Secretary Julián Castro. “Since 2009, the Obama Administration has taken bold steps to reduce risks in the mortgage market and to protect consumers. These efforts have made it possible to take this prudent measure while also ensuring FHA remains on a positive financial trajectory. By bringing our premiums down, we’re helping folks lift themselves up so they can open new doors of opportunity and strengthen their financial futures.”

In the wake of the nation’s housing crisis, FHA increased its premium prices to stabilize the health of its MMI Fund. In addition, the Obama Administration took dramatic steps to safeguard consumers in the mortgage market to ensure responsible borrowers continued to have access to mortgage capital as many private lending sources tightened their lending standards.

Today’s reduction will significantly expand access to mortgage credit for these families and is expected to lower the cost of housing for the approximately 800,000 households who use FHA annually.

FHA’s new annual premium prices are expected to take effect towards the end of the month. Read FHA’s Mortgagee Letter.

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December 9, 2014

Rising Star Featured in Observer

Courtesy of the Charlotte Observer home|design
Saturday, December 6, 2014
Showcase Broker Julius Green Rising Star

 

JULIUS GREEN
BROKER, SHOWCASE REALTY
Julius@showcaserealty.net
//about.me/JuliusGreen

Julius Green, a Kansas City, Mo., native, studied business management at Longview community College, which led to a position as an assistant manager and a five-year partnership with a prominent Fortune 500 company. The role allowed him to expand his expertise in public service and eventually transition into a real estate career. As a dedicated real estate agent with showcase Realty, Green specializes in first-time homebuyers, investment properties, condominium sales and residential properties in the Charlotte market.

Green is a family man with a devotion to God, his beautiful wife and two children. He enjoys long walks in the park, reading and spending time with his family, and anything basketball-related: he’s a natural athlete and it’s one of his year-round passions.

“Very proud Julius was honored with this award. He is hard working, energetic, versatile and enjoys working in all price points and especially first-time home buyers. Slthough successful in a prior job, he made a career change due to his passion for real estate” – Nancy Braun, Owner Broker in charge, Showcase Realty