Haydt Real Estate

04/15/2024

Wegmans is coming to Charlotte! The North Community House Road store will open in 2026.🎉

Wegmans has announced its first Charlotte store.

04/05/2024

There are many reasons why the housing market is not going to crash like it did in 2008. Here are a few…

03/18/2024

If you were thinking about buying a house in 1972, but decided to wait until interest rates came down...you would have continued renting and waiting for 22 years! 🤯
In that time...
😅 A home purchased in 1972 would have quadrupled in value
🫠 A mortgage from 1972 would be 73% paid off
😔 And a 22 year wait only saved 3 quarters of a % in interest!

In 1972 an average rate was 7.54%, and there wasn't a drop until 1993! And even then it was brief and only dropped to 6.74%. Yikes!

What's crazy is that in that 22 year wait, the rates crept up to 16% in the 80s! The average home value in ’72 was $27k, and by ’93 it was $126k.

Anyone is welcome to play the waiting game, but a person who waited in 1972 clearly missed out.

History proves that home values in the long run will continue to increase in value, and history also proves that interest rates should not stop you from becoming a homeowner. Refinancing is an option if interest rates go down. But you can't go back in time and buy a home at a 1972 price.

- Claire

03/06/2024

Old house charm AND quality🙌🏻

Home Buyer: I want a house built after 1980.
Me: Actually, you don't.
Let me explain.
Newer isn't always better, and this picture sums it up pretty well. The quality of modern lumber is simply far inferior to the quality of lumber they were using to build homes in the early and mid-20th century. Wood quality began dropping on a serious scale in the 1980s due to old-growth timber being almost completely depleted. Most wood used today is grown very fast - not only can you visibly see the difference in quality, but the newer lumber is more prone to rotting due to a lack of heartwood. Slow growth wood yields much more heartwood, which is the longest lasting part of the tree, whereas sap wood (new growth wood) will rot very quickly. Modern lumber is also a lot more prone to termite damage as it is softer and easier to consume whereas old lumber is extremely resinous and naturally termite resistant. A good rule - as long as the plumbing and electric has been updated, a well-built home from the mid-20th century is a better investment and will likely outlast a newer build. For more info on old growth wood versus modern lumber please read this great article: https://bit.ly/3h7MbBr

*Clarification: Yes, these two pieces of lumber come from two different trees. The expert in the attached article is not comparing the lumber of the same tree over time. He is comparing the lumber that was commonly used to build houses 75 years ago versus the lumber commonly used to build houses today.

11/09/2023

300 million $ project aimed at widening Highway 73 between Lincoln and Mecklenburg. Great news for reducing traffic in that area!

The project will cover an 8.5-mile stretch from Northcross Drive to Highway 16.

08/26/2023

🐶❤️

This fall, the U.S. National Whitewater Center is expanding its canine-friendly offerings with a massive 70-acre off-leash dog paradise. Dogs have always been welcome to walk through the WWC’s 1,300 acres along side their owners, but starting this November, they’ll be able to run, jump, and catc...

08/10/2023

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07/18/2023

07/13/2023

If you go for a boat ride on Lake Norman, you may notice some of the homes for sale along the water. Here’s a look at some of the houses with a serene waterfront view that recently hit the market. 18741 Nautical Dr. #104— $400,000 Why we love it: This first-floor condo comes with a […]

05/30/2023

04/29/2023

Home sales across the Charlotte region are signaling the spring selling season is off to an early start, as sales registered the largest monthly percentage increase since March 2021.

Press release: http://bitly.ws/Di8v

04/27/2023

🙌🏻😍