Ballantyne Magazine

SPRING 2019

Ballantyne Magazine covers news, events, real estate, restaurants, shopping, health, schools and business in the upscale Ballantyne Area of Charlotte, NC.

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Waiting Game Christine Hotham, a broker with Helen Adams who focuses on Ballantyne Country Club, says with so few homes on the market some buyers are willing to wait. "If they have flexibility to do temporary housing, they may choose to wait to buy until the new spring inventory of homes arrives," she says. But Hotham sees the selling season starting earlier for more expensive homes. "I am a believer that higher-price homes should be listed earlier because there are buyers getting year-end bonuses who need to move a family, so sellers don't need to wait until spring. Data show higher-end homes are going under contract closer to the start of the year," she says, noting that in 2018 her highest-dollar homes that sold closest to the original listing price went under contract in February, March and April. These homes also sold in the fewest number of days and had multiple offers. Wow Kitchens, Outdoor Spaces All five brokers say the top two selling features in Ballantyne today are a fabulous kitchen and a spectacular outdoor space done in transitional style. In the kitchen that means using a color palette of white and/ or bright colors and having high-end appliances like Wolf and Thermador, top-end cabinetry, and quartzite, marble or light-colored countertops. "Buyers today don't Quick-selling homes tend to have a transitional style, bright color palettes and high-end appliances. Courtesy of Jo Butterworth Courtesy of Joan Goode BALLANTYNE SPRING 2019 69 Feature

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