Lake Wylie Real Estate Information
Lake Wylie Market Report First Quarter 2015
Click the link in blue above for the first Quarter Lake Wylie
Information provided by the Carolina MLS
Real Estate
Lake Wylie Realty sells Properties in North Carolina and South Carolina both Residential and Commercial. Waterfront Homes along with Properties in all neighborhoods. Our Office is conveniently located near the NC- SC border at the River Hills Community entrance on Highway #49 at 1 Executive Court, Lake Wylie SC 29710. Our Professionals are the best in the Business, search our site, set up notifications, see everything on the Market and visit our virtual showroom or contact us at 803-831-8588.
http://issuu.com/trebdirect/docs/47004.34.3_charlotte_ebook
Lake Wylie’s Best Realtor
January 2015
Better Business Bureau
Southern Piedmont
13860 Ballantyne Corporation Place
Suite 225
Charlotte, North Carolina 28277
This brief letter is in reference to the professional services of David McCorkle, BIC of Lake Wylie Realty, Clover, South Carolina.
I retained the services of Mr. McCorkle (David) in February 2014 to sell the home of my deceased father, Robert Glenn Smith, Jr., who resided at 11101 Windy Grove Road in Charlotte, North Carolina. I could not have secured a better realtor.
As I live in Myrtle Beach, South Carolina, I required someone who could and would effectively represent me in Charlotte, communicate regularly with me, and adjust his schedule when necessary to meet with me during my monthly trips to the Charlotte area.
David certainly performed the expected realtor duties—listing the house and showing it to prospective buyers, representing my needs and expectations to potential buyers, and taking the sale through the closing process. His phone calls and emails were frequent; I was fully aware of developments as they occurred despite being 200 miles away. David routinely altered his busy schedule to make himself available for personal meetings with me when I traveled to Charlotte, and travel plans were often made at the last moment. All of these actions were expected by me, as David came highly recommended. But he went beyond the expected duties of a realtor. On several occasions, David visited the property simply to determine what work, if any, was needed. When he discovered a problem (or potential issue), he secured reputable people to make minor repairs to my father’s home, always with attention to cost. There were a couple minor, cosmetic issues that he handled himself, without charge. Adding to his work was the necessity of David serving as a liaison between myself and the property’s co-owner—my father’s second wife, a woman with whom I refused any direct, personal interaction.
Even more remarkable was David’s work following the actual, formal closing of the sale. He met me at the property when my family and I came to clear the house of its furnishings. David spent most of that day—using his own time—moving furniture, clearing the crawlspace and exterior buildings of stored household items, and removing trash and discarded items from the premises. I have never heard of nor imagined a realtor helping in such a manner, especially after the sale of property was final.
It is extremely rare that I find myself genuinely impressed with anyone, especially in the business sector; however, David was that rare individual. He was knowledgeable, effective in his dealings with prospective buyers, and forthright in his dealings with me. He routinely communicated with me, offered sound advice, and adapted his schedule to mine, often rescheduling his own earlier-made commitments. He demonstrated professionalism in his work and inspired me with confidence in his handling of the entire process of representing the property and my needs—doing all of this more as a friend than as an agent Again, I could not have secured a better realtor.
Sincerely,
Diann Townsend
614 Six Lakes Drive
Myrtle Beach, South Carolina 29588
NEW***Charlotte Area Market Report for 2014***
Connect to the new 2014 Market report and find out all the data the Professionals use by Neighborhood or area click the link below
Lake Wylie Real Estate, Charlotte Observer 11/15/14
By Allen Norwood: Special to the Charlotte Observer 11/15/14
Realtor Don Stephens of Lake Wylie Realty admits that the boom in Lake Wylie home sales last month caught him a bit by surprise. Sales up more than 64 percent? In October, when the summer lake season should be winding down?
He has been selling homes on the lake for more than three decades, and has never seen anything quite like it.
“I don’t think it through too much, though. I just try to stay by the phone.”
Lake Norman and Lake Wylie saw strong sales in October, according to this week’s report from Carolina Multiple Listing Services. Sales, or closings, at Norman were up more than 50 percent from the same month last year. Impressive, but Wylie did better, with sales up 64.3 percent, tops in the entire regional report.
To add a bit of perspective, sales in Charlotte rose by 9.8 percent and sales for the full MLS were up 13.3 percent.
Why Lake Wylie, and why now?
Stephens, who’s with Lake Wylie Realty, points to several factors: Interest rates, especially on large loans, remain a bargain. New roads and shopping centers provide access to the airport and to upscale stores and restaurants.
Wealthy retirees, for instance, can choose the lakefront lifestyle without giving up other things that are important to them. “We’re not way out in the country like we used to be,” Stephens said.
They can choose the lakefront lifestyle and still be just minutes away from their grandchildren in Charlotte. “Probably 50 percent of the business I do has a grandkid component,” he said.
Most of those retirees are relocating from other parts of the country, he said, and most find him online.
It has been years since Wylie was “the river” flanked by the simple “cabins” that longtime Charlotteans remember so fondly. Large homes have gone up, just as they have on Norman.
“Lake Norman has dominated the market for $1-million-plus homes for a long time,” he said. “We see that starting to change here pretty quickly. Nobody builds anything little anymore.”
As waterfront lot prices go up, homes get bigger. Lots of buyers – and some lenders – follow a rule of thumb that the lot price ought to account for about a quarter of the total value, Stephens said. So if the lot sells for $250,000, the new house ought to cost $750,000 – and there’s another $1 million place on the lake.
Low interest rates on jumbo loans make that even more attainable.
Add one more crucial factor – “There’s a new sense of optimism in the market that was absent,” Stephens said – and you see sales climb 64.3 percent.
3RD Quarter Market Report
Sales of Homes in the 29710,28278 and 29745 North and South Carolina zip codes as of 9/30/14 were 1043 compared to 880 in the same period of 2013 an 18.5% increase year over year. Sales of Waterfront Properties increased from 46 Properties to 49 Properties less than a 1% increase.
Community Profile and Homes for sale River Hills
River Hills is the benchmark community of Lake Wylie with over 1,100 single family, condominiums and waterfront homes developed beginning in the 1970′s by Sea Pines Group of Hilton Head Island, SC. With it’s rolling hills, mature landscaping, ponds, fountains and located on the shores of beautiful Lake Wylie, River Hills Plantation is a beautiful place to live and play. This gated community offers a wide variety of home styles, and of lifestyles and activities for all ages. With a championship golf course, marina, 10 court tennis complex, fitness center, swimming pools, covered pavilions, parks, playgrounds, community gardens, full service country club, community church, clubs, organizations, community events and festivals, the River Hills resident will never lack from a choice of preferred activities.
For peace of mind, the River Hills/Lake Wylie EMS squad headquarters and training center is located at the entrance to the community. Visit their website at www.rhems.org. A private security force is in place at the 2 gated entrances and patrols the neighborhood 24/7.
The River Hills Country Club provides social, tennis and golf memberships available to residents and non-residents. Enjoy all of the activities and services at the 21,000 sq ft fully functioning, professionally staffed, beautifully designed clubhouse. To learn more about the River Hills Country Club go to www.riverhillscc.org.
The Blue Flag Awarded River Hills Marina is a true full service marina and has the State of SC Marina Commission AND the Lake Wylie Marine Commission’s ‘Clean Marina’ designations. In 2013, it opened the Portside 301 Club at River Hills Marina – a private social club and lounge. The Pier 88 Yacht Club offers a full range of boating related services including boat rentals, fuel, equipment sales and casual dining. For more information on all the amenities offered at the River Hills Marina check out their website at www.riverhillsmarina.com and/or www.pier88yachtclub.com. In 2011 the River Hills Promenade was completed for a scenic stroll or jog along the edge of Lake Wylie.
For convenience, the River Hills Tech Center, located near the marina, is a 3 building complex offering an all encompassing range of business needs including office/conference space, postal and internet service, administrative support and more.
The River Hills Community Church is an interdenominational church serving area residents. It’s website is www.rhcconline.org.
The YMCA’s Camp Thunderbird is located inside the gates of River Hills Plantation. Founded in 1936 by Curtis B Johnson, former owner and publisher of the Charlotte Observer, the camp offers water and land activities such as skiing, sailing, kayak/canoeing, horseback riding, rope courses, sports and crafts for the young people of the area. It is a summer resident camp, an environmental education center, a day camp and conference and retreat center. For more information on Camp Thunderbird visit their website at www.campthunderbird.org.
The Bluff Villas condominiums, built in 1973, consist of 129 units spread over 28 acres of mature trees and landscaping with it’s own pool and amenities. Separate from The Bluff Villas is another group of waterfront condos with available docks and boat slips. The condos range in price from the low $100′s to $400 for waterfront and they sell quickly!
Single family homes in River Hills can range from the upper $100′s to over $1M for lakeside estates.
Located just on the South Carolina side of the Buster Boyd Bridge on Hwy 49, River Hills Plantation is only 30 minutes from Rock Hill, Uptown Charlotte, Gastonia or Charlotte-Douglas Airport. It is located in the award winning Clover School District and enjoys low York County, SC taxes. It is close to retail stores, restaurants, banks and business offices. For outdoor enthusiasts, the Daniel Stowe Botanical Garden, McDowell Nature Preserve, Kings Mountain State Park, Nannys Mountain and more are located nearby. Carowinds Amusement Park, open all summer and featuring Scarowinds in the fall, is only 15 minutes away!
