Author: Jane Monreal Published: 10:53 PM EST November 15, 2024 Updated: 11:28 PM EST November 15, 2024   CHARLOTTE, N.C. — Analysts have stated another cut in the federal interest rate is not lowering mortgage rates and it's having an impact on the housing market.  David Hoffman of Hoffman Realty in Charlotte told WCNC Charlotte he believes the economy is going to keep moving in the right direction, but inflation is still high. That's going to limit how much movement we'll see in the housing market.  "From 2017 through 2020 inflation was under 2%," Hoffman said. "Then over the last three-and-a-half, four years, it was almost 6% on average." He said although inflation is coming down, about 2.4% in September, the U.S. still has a ways to go to get back to pre-2020 levels. Hoffman said 2.1% is the sweet spot, but it's difficult to get there.  "We have to overcorrect and almost have stagnation, maybe even deflation, to get back to normal," Hoffman said. "What that means for the housing market is until inflation goes back to normal, bonds are not attractive. And until bonds become attractive again, mortgage rates won't come down." He said that's bad news in the short run for prospective homebuyers. "So as long as inflation is above where it needs to be and prices are too high, mortgage rates are gonna stay high," Hoffman warned. "And so that's the bad news in the short run. But the good news is, there's a lot of demand. The good news is the stock market went up 6% in the last week." He said that points to consumer confidence building. "There's a lot of demand that's been pent up," Hoffman said. "Prices starting to come down, probably not low enough, but more and more people are getting off the fence. And so in 2025, I see homes that need work, going lower and lower. And I see homes that are in great condition with low inventory going up." Hoffman said mortgage rates will remain high which isn't likely until late next year, with homebuyers in the $200,000 to 400,000 range feeling the sting of higher rates the most. Still, the Charlotte real estate agent said he expects to see prices coming down because high supply is pushing down demand. "They're like, OK, I'm giving up a 2.75% rate for a 6.5% rate, but the $600,000 on our home is now $550,000," Hoffman explained. "So they're getting a little bit of relief in the lower prices." While the real estate market in the Charlotte area remains competitive, Hoffman said buying or selling a home also depends on your timing. "I think that if you're looking to move in the next two to three years, I would do something," he said. "Now if you're going to be in your home for at least three years, you can wait. But if you want to wait another one or two years, the challenge will be that when you wait for rates to come down, it's because prices have come down. So if you have a home to sell, you don't want to hold on to that and lose your equity just waiting for rates to come down."  Watch the Full Interview      

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Moving to the Metro Charlotte Area: What You Need to Know Considering a move to the Charlotte metro area? You're not alone! With its booming economy, mild climate, and friendly neighborhoods, Charlotte is one of the fastest-growing cities in the United States. Whether you're relocating for work, looking for a more affordable lifestyle, or simply seeking a change of pace, this guide will help you get familiar with everything that makes Charlotte an ideal place to call home. Vibrant Job Market Charlotte is known as a major financial hub, housing the headquarters for several major banks, including Bank of America and Wells Fargo. But banking isn't the only industry thriving here. Charlotte also has a growing tech scene, healthcare, energy, and manufacturing industries. Whether you're looking for corporate opportunities or entrepreneurial endeavors, the city's diverse job market offers plenty of options. For more details on job opportunities in the area, visit [Charlotte Regional Business Alliance].        2.  Affordable Living Compared to other large metro areas like New York, Chicago, or Los Angeles, Charlotte offers a lower cost of living, making it an attractive destination for families, young professionals, and retirees alike. From affordable housing options to lower utility costs, Charlotte lets you stretch your budget further while enjoying all the perks of city living. Learn more about Charlotte's cost of living through this [cost of living calculator]. Beautiful Neighborhoods The Charlotte metro area boasts a variety of neighborhoods, each with its own charm and personality. If you're looking for a walkable, urban feel, neighborhoods like Uptown, Dilworth, or Plaza Midwood might catch your eye. Families often gravitate toward the suburbs like Ballantyne, Matthews, and Huntersville, where you'll find spacious homes, top-rated schools, and plenty of parks. Discover more about Charlotte's neighborhoods at [Charlotte’s Best Neighborhoods Guide]. Top-Rated Schools For families with children, the quality of education is a top priority. The Charlotte area is home to several highly-rated public schools and an array of private and charter school options. Some of the most sought-after school districts include: - Union County: Known for its top-performing schools and family-friendly communities like Waxhaw, Weddington, and Marvin. Check out [Union County Public Schools]. -Cabarrus County: Offers excellent schools in fast-growing areas like Concord and Harrisburg. Learn more about [Cabarrus County Schools]. - Iredell County: A great option for those looking to settle near Lake Norman. Iredell-Statesville Schools serve this area, which includes Mooresville and Troutman. More information can be found at [Iredell-Statesville Schools]. - Fort Mill, SC: Just south of Charlotte, Fort Mill is known for its highly-rated schools and proximity to the city. Visit [Fort Mill School District] for details. - Indian Land, SC: Another South Carolina option, Indian Land offers growing communities with strong schools. You can learn more at [Lancaster County School District]. In addition, Charlotte has access to several private schools and the proximity of excellent higher education institutions like UNC Charlotte and Davidson College, making it a great area for lifelong learning. Explore [Charlotte-Mecklenburg Schools] and other educational options here. Transportation and Accessibility Charlotte's location along major highways like I-77 and I-85 makes it convenient for commuters, whether you’re headed to another part of the metro or traveling out of state. Charlotte Douglas International Airport is a major hub, making it easy to jet-set for business or leisure. Public transportation options, including the expanding light rail system, offer an alternative to driving, especially if you plan to live and work in the city center. For more information on public transit, visit the [Charlotte Area Transit System](https://charlottenc.gov/cats). Outdoor Activities and Recreation Charlotte is a dream for outdoor enthusiasts. With a mild climate, you can enjoy year-round outdoor activities like hiking, biking, and kayaking. Lake Norman, just 20 minutes from Uptown, is perfect for water sports and weekend getaways. Additionally, Charlotte's parks and greenways make it easy to stay active and enjoy nature without leaving the city. Check out [Mecklenburg County Parks & Rec] for details on parks, trails, and recreational programs. Cultural and Entertainment Scene From sports to arts, Charlotte has a lively cultural scene. Sports fans can catch an NFL game with the Carolina Panthers or an NBA game with the Charlotte Hornets. If you prefer arts and entertainment, the city boasts numerous museums, theaters, and live music venues. The NASCAR Hall of Fame is a must-visit for motorsports enthusiasts. Festivals, farmers' markets, and community events keep the calendar full, ensuring there's always something to do. Get a full list of activities and events from [Charlotte's Got A Lot]. Southern Hospitality Meets Urban Convenience Charlotte strikes a perfect balance between the warmth and charm of Southern hospitality and the convenience of a growing urban center. Residents love the friendly, welcoming atmosphere of the city's communities, whether they're attending local events, chatting with neighbors, or getting involved in community initiatives. A Growing Food Scene Charlotte's culinary scene is expanding rapidly, offering a blend of Southern classics and innovative flavors. The city's breweries, BBQ joints, and fine dining options give foodies plenty to explore. With an influx of new residents from all over the country, the food culture here reflects a diverse mix of tastes and cuisines. Explore Charlotte’s best eateries through [Charlotte Agenda’s Restaurant Guide]. At David Hoffman Realty, we’re more than just real estate agents—we’re your neighbors and trusted guides in this exciting journey to make Charlotte your new home. Our team has deep roots in the metro area, with firsthand experience in the neighborhoods, schools, and local amenities that matter most to you. Whether you're searching for your dream home in a family-friendly suburb or seeking an urban retreat in the heart of Uptown, we’ve got you covered. We understand that moving can be overwhelming, but you can count on us to be with you every step of the way. From your first inquiry to handing you the keys, we provide personalized service, expert advice, and genuine care. Our deep knowledge of the market, coupled with a commitment to building real relationships, means that you’ll always have an advocate on your side—whether it's negotiating the best deal or helping you settle into your new community. Moving to Charlotte is an exciting opportunity to experience life in a city that offers both a dynamic urban environment and peaceful suburban options. With a booming job market, affordable housing, excellent schools, and a lively cultural scene, the Queen City is ready to welcome you with open arms. Let David Hoffman Realty help you navigate this important transition with confidence and ease. Contact us today to begin your journey to finding your perfect Charlotte home! Real Estate Redefined: Local Expertise. Genuine Relationships. Proven Success.

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Charlotte, North Carolina, October 1, 2024 – David Hoffman Realty is proud to announce that it has been awarded the prestigious title of #1 Top Workplace 2024 in the small business category by Charlotte Magazine. This recognition, based entirely on employee feedback collected through a confidential survey conducted by Energage LLC, reflects the firm’s ongoing commitment to fostering a supportive, growth-oriented work environment. The survey measures key aspects of the employee experience, including themes like Respect & Support, Opportunities for Growth, and Empowerment to Succeed. It’s these qualities that set David Hoffman Realty apart as a leading workplace in the Charlotte metro area. "Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Energage CEO, Eric Rubino. “In today’s market, leaders must ensure they’re allowing employees to have a voice and be heard. Top Workplaces do this, and it pays dividends.” David Hoffman Realty has now won the Top Workplaces award for two consecutive years, but this year’s #1 ranking underscores just how special the firm’s culture is. "Winning the Top Workplace award two years in a row—and being recognized as #1 in the small business category—is a testament to the incredible culture we’ve built at David Hoffman Realty. It’s not just about real estate—it’s about people," said David Hoffman, CEO. "Our firm is a family, united by a shared passion for serving our clients and our community. This recognition proves that when you prioritize relationships, growth, and support, success follows naturally. I couldn’t be prouder of our firm and the heart they bring to everything we do." At David Hoffman Realty, the focus is on creating an environment where employees not only feel respected but are also empowered to grow both professionally and personally. The firm’s emphasis on training, support, and opportunities ensures that its agents thrive in their careers while maintaining a healthy work-life balance. This forward-thinking approach has revolutionized the real estate industry and made David Hoffman Realty a place where talent is nurtured, and success is celebrated. This prestigious award is a reflection of the firm’s dedication to cultivating a workplace where every voice matters, and every employee is equipped to succeed. David Hoffman Realty continues to lead by example, demonstrating that when you invest in people, greatness follows. As the #1 ranked small business in the Charlotte metro area, David Hoffman Realty looks forward to continuing its mission of redefining real estate through genuine relationships, local expertise, and proven success.

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Author: Jane Monreal Published: 3:03 PM EDT August 15, 2024 Updated: 7:43 PM EDT August 15, 2024   CHARLOTTE, N.C. — It's been decades since Americans have had to face changes in the way they buy and sell property, according to the National Association of Realtors. The first change deals with the seller and real estate professional, Kevin Sears, president of the National Association of Realtors, told WCNC Charlotte's Jane Monreal. "We will no longer be able to make a unilateral offer of compensation on the multiple listing service, the MLS," Sears said. Sears said that means the seller is still in control. Regarding the seller's agent or realtor, Sears explained, "They are allowed to offer cooperating compensation to the buyer rep, and so now what we need to do, is just navigate through those changes and figure out how we will be able to communicate any offers of compensation that will be made." Home buyers will be most impacted by the second change, he said. "For the buying consumer, the biggest change is that they will be needing to enter into a written agreement with their real estate professional, with their agent, their broker, their realtor," Sears said. "And this agreement will need to clearly articulate the services that will be provided by the professional and the fee that they will be looking to get paid." If the seller is not offering cooperating compensation, the buyer would then have to pay out of pocket for professional services provided. "What we had done, up until this point, is the listing broker would get paid a commission from the seller upon a closed transaction, and then would split that commission with the buyer's broker," Sears said. "And so now, since it's going to be off the MLS, it's just going to be a little different, and we might see the selling consumer paying directly the buyer's broker, but it's all going to be predicated on what happens in the local market and how the consumers and the real estate professionals want that to look." The good news for buyers in the Charlotte area, according to local realtor David Hoffman, of David Hoffman Realty, is it's about to be a buyer's market. "They kind of held off until late spring, because rates are so high," Hoffman said. But with the economy slowing and inflation coming back down, the rate is starting to drop, which has gotten buyers off the fence, he said. "So, you've got supply picking up and rates starting to drop," he added. He said the supply of homes on the market increasing every month, is going to push down demand. "So for buyers, if a buyer can wait, because they need the lower rate, then maybe they should a few more months, maybe even the next year," Hoffman said. "But if they find the right home for their family, and they can afford it, prices have already fallen," adding, "I expect this fall or winter, for supply to go up, will push down demand and you'll see better and better deals." As for sellers, Sears said they are more likely to act quicker following the stock market's recent drop. Hoffman explained, "If it's all ready to sell then you do now for many reasons. One, prices are going to fall. So, they should sell now before comes down more. But secondly, they need to sell now, so they can get the next home. And they don't get stuck waiting." When it comes to the upcoming changes in the real estate industry, the Charlotte realtor said buyers and sellers won't immediately see much of a difference in the fees they pay, although the process might sound different. "That is more impactful in a strong market than a weak one. And you're going to have some sellers that are wondering if they have to pay commission on both sides and they don't have to," Hoffman said. "And so most sellers are still seemingly wanting to work with buyer's agents. But there is going to be occasional buyers, they're going to have to pay the commission or build it into the price." The good news is, it's always been built into the price historically, Hoffman said. "And so if this was a really hot market, like two, three years ago, I could see a lot more sellers saying, 'I don't want to work with a buyer's agent', and the buyer would either have to pay the commission sales, or the listing agent would do both sides and dual agency," he said, adding, "But as the market slows, I see the traditional models coming out where both sides are represented."    

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  Summer and Hiking Go TogetherHere are some of the top hikes in Charlotte and Nearby       Crowders Mountain State Park (Kings Mountain, NC) Crowders Mountain State Park (Kings Mountain, NC): Located only 30 miles west of Charlotte, Crowders Mountain State Park offers a variety of trails catering to all skill levels. From the challenging summit trails of Crowders Mountain to the picturesque Backside Trail, this park is a hiker's paradise. Don't miss out on the breathtaking panoramic views from the summit. Learn more about Crowders Mountain State Park   South Mountains State Park (Connelly Springs, NC) South Mountains State Park (Connelly Springs, NC): Approximately 60 miles northwest of Charlotte, South Mountains State Park is a hidden gem waiting to be explored. With over 40 miles of trails, the park provides ample opportunities for hikers to immerse themselves in its serene beauty. Make sure to hike to the magnificent High Shoals Falls for an awe-inspiring experience. Discover South Mountains State Park   Lake Norman State Park (Troutman, NC) Less than an hour's drive north of Charlotte, Lake Norman State Park offers a scenic retreat with a range of hiking trails. Explore the Lakeshore Trail, a 6.5-mile route hugging the shoreline, or venture into the woods along the Alder and Hicks Creek Trails. Discover nature's wonders and relish the peaceful ambiance. Plan your visit to Lake Norman State Park   Uwharrie National Forest (Troy, NC) Just over an hour's drive east of Charlotte, Uwharrie National Forest beckons with its rugged charm. The Uwharrie Trail, spanning about 20 miles, winds through diverse landscapes and offers breathtaking overlooks and streams along the way. Immerse yourself in the natural beauty and rich history of this remarkable forest. Explore Uwharrie National Forest   Kings Mountain National Military Park (Blacksburg, SC) Located just across the state border, about an hour's drive southwest of Charlotte, Kings Mountain National Military Park offers a unique blend of history and natural splendor. Embark on the self-guided, moderate-level hiking trail to explore the Revolutionary War battlefield. Discover informative markers, monuments, and captivating views of the surrounding landscape. Visit Kings Mountain National Military Park I encourage you to explore these remarkable hiking destinations at your leisure. Please remember to check each park's website for trail maps, current conditions, and any specific guidelines or  before your visit. Prepare for an unforgettable journey, and don't forget essentials such as water, suitable footwear, and sun protection.

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  There are some exciting events and prime spots to watch fireworks in the Metro Charlotte area. Whether you're looking for family-friendly activities or a vibrant display of pyrotechnics, there's something for everyone to enjoy. SkyShow 2024 Date: Thursday, July 4, 2024Time: Game starts at 6:35 p.m. Fireworks Show is after gamePlace: Truist Field, 324 S Mint Street, Charlotte, NCCost: Price of ticket to baseball game variesFeatures: SkyShow 2024 follows the Charlotte Knights game The game starts at 6:35 p.m. Tickets are on sale now, and will most likely sell out. You can also watch the fireworks from Romare Bearden Park, 300 S Church Street, at no cost. Symphony in the Park & Fireworks Freedom Festival at Symphony Park: Head to Symphony Park for the Freedom Festival, a family-friendly event with live music, food trucks, inflatables, and face painting. The evening will culminate in a breathtaking fireworks show set to patriotic tunes. National Whitewater Center 4th of July Celebration The Whitewater Center’s 4th of July Celebration is back! It features two days of yoga and live music. As of now, there will not be fireworks, but we will update if that changes. Live music by Chatham Rabbits Haynes Carll on Monday, and by Dangermuffin and Pigeons Playing Ping Pong on Tuesday. Charlotte Motor Speedway July 2nd, 2024 at Charlotte Motor Speedway Racing, games, giveaways, and one of Charlotte’s most popular fireworks displays! Kids 12 and under get in free. Tickets are $10 for adults.Cook Out Summer Shoot Out Carowinds Celebrate America Fireworks Show Wednesday, July 3 & Thursday, July 4, 2024 | 9:30 PM Make sure to catch Carowinds’ Star-Spangled Nights Fireworks Spectacular, July 3 and 4, as we celebrate Independence Day with a breathtaking patriotic fireworks show on the state line. Experience an unforgettable fireworks display synchronized to the stirring tunes of patriotic music. Perfect for all ages, this fireworks event celebrates the spirit of our nation with a magnificent show of dazzling lights and sound. Town of Harrisburg July 4th Celebration July 3rd and 4th, 2024Harrisburg ParkFireworks BOTH nights, amusements, and live music. Fireworks are scheduled for 9:30 pm.Harrisburg 4th of July Celebration, Schedule of events Town of Matthews 4th of July Celebration Thursday, July 4, 2024Independence Day Celebration5pm-9pmStumptown ParkFood trucks, kids' activities, and patriotic fun!Seaboard Brewing on site20Ride - Zac Brown tribute band, plays 6-9pm City of Gastonia Fourth of July Celebration City of Gastonia Fourth of July Celebration is taking place Tuesday, July 4th, 2023, from 5 to 9:30 p.m., at Rotary Centennial Pavilion, 111 N. South Street, Gastonia. It will feature food trucks, vendors, entertainment, a free KidsZone and fireworks. Fort Mill Independence Day Celebration The Town of Fort Mill, South Carolina, is celebrating Independence Day with a celebration on Wednesday, July 3, 2024, from 6 p.m. to 9:30 p.m. The Fort Mill Independence Day Celebration takes place at Fort Mill Amphitheater at Walter Elisha Park, 345 N. White Street.

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CHARLOTTE, N.C. — If you've been waiting on the sidelines of the housing market, your day is soon coming, according to realtor David Hoffman with David Hoffman Real Estate "We're gonna see inventory pick-up as we go into the fall and then winter. We're going to see prices fall," Hoffman said. Charlotte housing inventory is at a five-year high, increasing from the lows of the pandemic and initial reaction to higher interest rates. Right now, Hoffman describes the market as some hybrid between a buyers and sellers market. Immaculate homes in the right neighborhood can get over-asking prices. Fixer-uppers are less desirable. "If the home needs any work whatsoever, or if there's any competition, the buyer has no appetite for sweat equity, because rates are so high. And the buyer loves options. And so they do nothing," he said. But as interest rates come down, as they're expect to this fall, more inventory will come on the market. "I think we're moving towards a buyers market. Once rates start falling down," he said. Watch full interview starting at 9:48.   

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Greybrook Homes Debuts off Shinnville Road: Four New Luxury Residences Coming Soon to Mooresville! We're excited to announce that Greybrook Homes is building more homes in Mooresville! Set in the peaceful landscapes of Iredell County, these homes offer a mix of country calm and modern luxury.  The four new homes will offer expansive floor plans, upscale finishes, and modern amenities. With each lot providing ample space for a pool, the homes will be perfect for a family-friendly environment, a serene retirement spot, or an indulgent retreat.   Why Mooresville? The Shinnville Road area is known for its picturesque surroundings, peaceful ambiance, and close-knit community. Residents enjoy the best of both worlds—a quiet, rural lifestyle with easy access to the amenities of nearby towns and cities. Proximity to Lake Norman One of the standout features of living in Shinnville is its close proximity to Lake Norman, North Carolina's largest man-made lake. Just a short drive away, Lake Norman offers a myriad of recreational activities, from boating and fishing to hiking and picnicking along its scenic shores. Convenient Access to Amenities While Mooresville provides a peaceful retreat, Shinneville Road is conveniently located near major highways and thoroughfares, ensuring residents have quick access to a variety of amenities. The towns of Mooresville and Statesville are nearby, offering shopping, dining, healthcare facilities, and entertainment options. For those who commute, Mooresville's strategic location provides easy access to larger cities like Charlotte, making it an ideal choice for professionals seeking a balance between work and leisure. About Greybrook Homes Greybrook Homes is known for its quality, integrity, and client care. Each home is designed with attention to detail and crafted using the finest materials.  The Carolinas are experiencing rapid growth and attracting buyers from all over the country. The area's sought-after communities, located a short drive from Charlotte, make it an ideal location for those seeking a blend of convenience and quality living. Greybrook Homes builds semi-custom residences in several desirable locations, including Clover, SC; Lake Wylie, SC; Denver, NC; Statesville, NC; and Mooresville, NC. Join Us in Mooresville We can't wait to welcome you to the Greybrook Homes family off Shinnville Road.  For more information, visit our website or contact our lead agent, Whitney Stiles, to learn about this amazing opportunity to live your best life in a brand-new Greybrook Home.

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Every Little Bit Counts: Discover Discounted & Free Meals for Kids in Our Area! Courtesy of Kiddingaroundcharlotte.com Sunday Zapatas Offer: Free kids menu meal with the purchase of an adult entree.Confirmed with 8927 J M Keynes Drive, Charlotte location.704.503.1979 8927 J M Keynes Dr, Charlotte, NC 28262 Moe’s Southwest Grill Offer: Kids eat free with the purchase of an adult entree of $6 or more. Age: 12 and under Moe’s Southwest Grill Golden Corral  Offer: Kids under 3 eat free from the buffet every day with an adult purchase.Age: 3 and underConfirmed with 7701 North Tryon Street, Charlotte location.704.549.4555Monterrey Mexican Restaurant Offer: Kids eat for $1.99 with an adult combo purchase. Age: 12 and underConfirmed with 10707 Park Road, Charlotte location.704.541.6664 Monday Cabos Mexican Cuisine & Cantina Offer: Kids eat free all day on Monday.Age: 10 and underConfirmed with 6676 Carmel Road, Charlotte location.704.759.9886 Golden Corral  Offer: Kids under 3 eat free from the buffet every day with an adult purchase.Age: 3 and underConfirmed with 7701 North Tryon Street, Charlotte location.704.549.4555 Three Amigos Mexican Grill and Cantina Offer: Kids eat free all day with the purchase of an adult entree.Age: 12 and under Multiple Locations throughout Charlotte.  Sonny’s BBQ Offer: Kids eat free with an adult entree purchase of $8.99 or more.Age: Under 12 Confirmed with 7820 Lyles Lane, Concord location.704.979.0073 Afton Tavern Offer: Kids eat free Monday nightConfirmed with the 355 John Galt Way, Concord location. 704.262.7866Afton Tavern Website355 John Galt Way, Concord, NC 28027Off the Grill Offer: One free kids meal for every adult meal purchased ($5 minimum).Hours: Monday and Tuesday 4 pm to 9 m5303 Poplar Tent Road, Concord, NCOff the Grill Website Tuesday Johnny Roger’s BBQ and Burger Offer: Kids eat free all day with the purchase of an adult meal. Good at either location. 3709 Concord Parkway South, Concord Gibson Mill Market, 305 McGill Avenue, above High Branch Brewing Co. Find out more about Gibson Mill Market. They have a small arcade which makes kids eat free family dinner that much more fun! Golden Corral  Offer: Kids under 3 eat free from the buffet every day with an adult purchase.Age: 3 and underConfirmed with 7701 North Tryon Street, Charlotte location.704.549.4555 Denny’s  Offer: Kids eat on Tuesday and Saturday nights from 4 – 10 pmMultiple locations throughout Charlotte. Confirm with the restaurant before visiting.  Carolina Ale House Offer: Kids eat for 0.99 on Tuesday nights from 5 – 9 pm.Confirmed with 7074 Waverly Walk Avenue, Charlotte location The Pizza Peel Tap Room Offer: Kids eat for $1 on Tuesdays, with every $10 purchase.4422 Colwick Road Charlotte, NC1600 Central Ave, Charlotte NC 28205 Off the Grill Offer: One free kid’s meal for every adult meal purchased ($5 minimum).Hours: Monday and Tuesday 4 pm to 9 m5303 Poplar Tent Road, Concord, NC9900 Poplar Tent Road, Concord, NCOff the Grill Website Mac’s Speed Shop Offer: Starting at 5 pm, get a kid’s meal for $2.49 with the purchase of an adult entree.Hours: Tuesday at 5 pm2414 Sandy Porter Road, Charlotte, NCKids Night Event at Mac’s Speed Shop Wednesday Golden Corral  Offer: Kids under 3 eat free from the buffet every day with an adult purchase.Age: 3 and underConfirmed with 7701 North Tryon Street, Charlotte location.704.549.4555 Ikea Offer: Kids eat for 50% off on Wednesdays without a beverage.Confirmed with the Ikea promotions website.  CiCi’s Pizza Offer: Kids under 3 eat free every day.Confirmed with 10900 University City Blvd, Charlotte location. Crave Hot Dogs & BBQ Offer: Kids eat free on Wednesdays when you purchase an adult meal282 South Sharon Amity Road, CharlotteCrave Hot Dogs & BBQ Facebook Thursday Golden Corral  Offer: Kids under 3 eat free from the buffet every day with an adult purchase.Age: 3 and underConfirmed with 7701 North Tryon Street, Charlotte location.704.549.4555 Duckworth’s Grill & Taphouse – Ballantyne & Huntersville locationsOffer: One free kid’s meal per $12 in adult purchases. Dine-in only. Limit one child per adult. Friday Golden Corral  Offer: Kids under 3 eat free from the buffet every day with an adult purchase.Age: 3 and underConfirmed with 7701 North Tryon Street, Charlotte location.704.549.4555  Saturday Golden Corral  Offer: Kids under 3 eat free from the buffet every day with an adult purchase.Age: 3 and underConfirmed with 7701 North Tryon Street, Charlotte location.704.549.4555 Denny’s  Offer: Kids eat on Tuesday and Saturday nights from 4 – 10 pm.Multiple locations throughout Charlotte. Confirm with the restaurant before visiting.         

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A Guide to Living in Wesley Heights: Proximity to Uptown with a Residential Feel Located less than a mile west of Uptown Charlotte, Wesley Heights is a neighborhood brimming with charm, history, and a vibrant community atmosphere. Here's your ultimate local's guide to the best spots in Wesley Heights for dining, drinking, fitness, outdoor activities, and coffee. But First, A Little History Wesley Heights, founded in 1911, holds the distinction of being Charlotte’s first historic district on the Westside. Originally the nineteenth-century farm of John Wadsworth, a notable livery stable owner, the area was developed into a residential neighborhood in the 1920s by the same visionaries who created the Elizabeth and Eastover neighborhoods. With its tree-canopied streets and bungalow-style homes, Wesley Heights retains a remarkable degree of its original character. Listed on the National Register of Historic Places, the neighborhood boasts architectural integrity that echoes the days when it was served by Charlotte’s streetcar system. This blend of history and community continues to make Wesley Heights a unique and cherished part of Charlotte. Dining Out in Wesley Heights Open Kitchen Must-Try Dish: Eggplant Parmigiana- Casserole loaded with eggplant and ground beef covered in parmesan cheese, and then oven baked. Vibe: Old school 50s vibe, this Charlotte veteran eater has been serving the Wesley Heights neighborhood for over 70 years.  Pinkys Westside Grill Must-Try Dish: The White Trash Burger – a quirky and delicious treat topped with provolone, fried pickles, and spicy ranch. Vibe: Laid-back with a funky, retro decor, Pinky's is perfect for a casual lunch or dinner. Crav’n Caribbean Must-Try Dish: Oxtail Cheesesteak- Slow-cooked, spiced oxtail is met with provolone on a toasted roll with sautéed peppers and onions. Vibe: Quaint and cozy, this café offers a homey feel with a menu that reflects traditional Southern cooking with a modern flair. Mazali Must-Try Dish: Boso Lagman- Uyghur-styled hand-pulled fried noodles with onions, napa cabbage and cilantro. Spiced with a signature blend of regional seasonings.  Vibe: Authentic Uzbeki cuisine, expertly crafted with locally sourced ingredients.  Bars & Nightlife   Town Brewing Company Highlights: Craft beers brewed on-site, with a rotating selection that keeps things fresh. Vibe: Friendly and communal, ideal for hanging out with friends or making new ones at one of their trivia nights. The Rhino Market & Deli Highlights: A great selection of local craft beers and wines. Vibe: A relaxed spot where locals gather to unwind after work, featuring live music nights. FreeMore Tavern Highlights: A sports lovers' haven, this divey local watering hole plays every game imaginable. Vibe: Neighborhood sports bar famous for its cocktails, happy hour dishes, and doggie menu (yes, they have a menu for pets).   Outdoor Recreation Frazier Park Highlights: This sprawling park features a dog park, tennis courts, and a greenway that connects to Uptown. Best For: Jogging, dog-walking, and weekend picnics. Stewart Creek Greenway Highlights: A picturesque path perfect for biking, running, or a peaceful stroll. Best For: Connecting with nature without leaving the city. Coffee Spots Not Just Coffee – Jay Street What’s Unique: Exceptional pour-over and espresso drinks made by skilled baristas. Vibe: Modern and minimalist, a great spot to work or meet up with friends. Rhino Market & Deli Highlights: Apart from being a bar, Rhino serves up some excellent coffee and quick bites, perfect for a morning start or a midday break. Vibe: Casual and friendly, it doubles as a great remote working location.   Wesley Heights offers an eclectic mix of old and new, making it one of Charlotte's most interesting districts.  Its proximity to Uptown Charlotte makes it attractive for professionals who work in the city but prefer a quieter, more residential neighborhood. The area's historic status also draws people interested in architecture and history, as Wesley Heights is known for its beautifully preserved bungalow-style homes and tree-lined streets.     This neighborhood continues to grow and evolve, but it retains the charm and community spirit that make it uniquely appealing to both residents and visitors alike. David Hoffman Realty's Builder & Development Services division is proud to represent builders who honor and maintain the cultural and architectural heritage of Wesley Heights, adhering to the stringent rules required for new construction in this historic area.   If you want to make Wesley Heights your home, give us a call at 704-293-9048 to learn about The Arches Luxury Condos, a 15-unit collection of wholly unique living spaces created from a historic 1920s church.  

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Spring has brought with it a delightful array of Farmer's Markets across the Charlotte Metro,  As your trusted real estate agents, we understand the importance of not just finding the perfect home but also embracing the community and lifestyle it offers.   The local Farmer's Markets provide an excellent opportunity to connect with the vibrant spirit of different areas while enjoying fresh produce and unique artisanal creations. Whether you're a seasoned local or new to the neighborhood, exploring these markets is a fantastic way to appreciate the diverse offerings and local charm.   Charlotte Regional Farmers Market     Neighborhood: AirportMarket Season: Year-round   This establishment is one of four farmers markets owned by the state of North Carolina and operated by the North Carolina Department of Agriculture and Consumer Services. Encompassing five buildings, you’ll find anything and everything to satisfy not only your tummy but also your retail needs. Enjoy local produce, like fruits and vegetables as well as meats, eggs, dairy products, savory and sweet baked goods, seafood, handmade crafts, and local crafts.   Uptown Farmers Market   Neighborhood:  300 S. Davidson StreetMarket Season: January -December   With the tagline “Our Community Table,” the nonprofit Uptown Farmers Market’s mission is to provide neighbors with locally grown, fresh food, educate people on healthy eating, support local farmers and makers, and address food insecurity in the community. And it does just that with dozens of local vendors set up each week in the 4.5-acre front parking lot of First Baptist Church in Uptown.   Union Market Area: Waxhaw, NCMarket Season: March-October   Even as a child, David White knew agriculture and produce were going to be a part of his future. Since 2002, White has worked in the fresh market industry running farmers markets and produce stands in the region. Today, he is focused on featuring the freshest seasonal produce as well as meats, milk, cheese, bread, prepared foods, plants, and more at Union Market in Waxhaw, North Carolina. Stop by to peruse the colorful, fresh display of produce and products from local purveyors, farmers, and artisans.   Waxhaw Farmers Market Area: Waxhaw, NCMarket Season: Year-round   Since 2001, Waxhaw has created a space for local producers and crafters to sell directly to consumers while also serving as a beloved community gathering space. As a producers-only market, Waxhaw Farmers Market is committed to educating the local community on the benefits of quality, fresh locally-grown food and healthy eating.   Mint Hill Farmers Market Area: Mint Hill, NCMarket Season: May-October   Mint Hill Farmers Market is unique in that it’s also a historic site. Located in the Carl J. McEwen Historical Village, enjoy locally-grown food items as well as handmade home furnishings, delicious baked goods, and native plants to satisfy your hunger cravings as well as your décor needs.   Matthews Community Farmers Market Area: Matthews, NCMarket Season: Year-round   Since 1991, Matthews Community Farmers’ Market has provided the goods of a typical farmers market but within an inclusive, family-friendly environment. Located in downtown Matthews, this is one of the largest, most diverse producers-only farmers markets in the greater Charlotte area. Experience local live music while shopping around for delicacies like artisan jams, gourmet coffee and even duck eggs. After shopping, swing by to watch (or participate) in a cooking demonstration by skilled local chefs.   Davidson Farmers Market Area: Davidson, NCMarket Season: Year-round   The Davidson Farmers Market is changing the way farmers markets impact the community, one blueberry at a time. Their priority emphasizes the economic benefits of shopping locally as well as imparting the nutritional advantages of all their products. Check out fan favorites like fresh produce, eggs and honey, and then attend one of their special events while listening to live music.   South End Market Neighborhood: South EndMarket Season: Year-round   Located at Atherton Mill just off the Rail Trail (just two blocks from the East/West LYNX light rail station), South End Market has been serving the community since 2010 with a focus on local, sustainable, responsibly-raised products that spotlight local farmers, ranchers, artisans and makers.   North End Market Neighborhood: Camp North EndMarket Season: April-October   Unlike most traditional farmers markets with Saturday hours, North End Farmers Market at Camp North End is a mid-week market on Wednesday evenings from 4-8 p.m. Even though it’s one of the newest farmers markets to the scene, it’s gained a loyal following of customers that stop by to discover local farmers, ranchers, food artisans, crafters and more each week. Make a stop at the North End Farmers Market part of your weekly food shopping routine and make plans to explore the 76-acre campus before or after, too.   Old Town Farmers Market Area: Rock Hill, SCMarket Season: May-December   This farmers market pop-up at Legal Remedy Brewing Co. celebrates local farmers and artisans by featuring fresh produce, meats, crafts and more. Swing by on Saturday and then enjoy a pint at Legal Remedy (who also features local products on their menu).   University City Farmers Market Neighborhood: University CityMarket Season: April-October   Located along the lake at The Shoppes at University Place and easily accessible from the JW Clay/UNCC LYNX light rail station, the University City Farmers Market serves up produce, eggs, meats, and artisanal food, health and wellness products, and other curated local goods. Stop by with your family to shop, enjoy live music and then rent a paddleboat from Dave's Paddle Boats to round out your Saturday morning adventure.   Clover Farmers Market Area: Clover South CarolinaMarket Season: May -October   The Clover Farmer's Market was establish in 2014 to bring locally grown produce to the Clover residents. The Market offers fresh produce, meats, seafood, homemade breads, goat milk cheese, fresh roasted coffee beans, and natural cleaning products. There is also an eclectic group of artisans offering jewelry, pottery, wooden birdhouses and feeders, and other artisan crafts.

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Author: Meghan Bragg Published: 10:05 AM EDT March 21, 2024     CHARLOTTE, N.C. — A new settlement may change commission rates for real estate agents moving forward.  For decades, the National Association of Realtors (NAR) has required brokers to provide an offer of compensation to buyers agent up front. That usually comes to about 6%, split between the sellers and buyers agents. Some are saying the association is responsible for making that 6% commission rate standard.  A $418 million settlement is about to change the game when it comes to commission for real estate agents. Sellers would no longer have to make a compensation proposal to prospective buyers and their agents.  Some are saying that so-called standard 6% commission set by the NAR will go away -- but has it always been 6%? The WCNC Charlotte Verify team looked into it. THE QUESTION Does the NAR set commission rates?  THE ANSWER  No, the NAR does not set these commission rates. They have always been negotiable.  THE SOURCES David Hoffman, CEO of David Hoffman Realty The National Association of Realtors  WHAT WE FOUND "The NAR does not set commissions, and they are negotiable," the NAR said in a statement. "The rule that has been the subject of litigation requires only listing brokers to communicate an offer of compensation. That offer can be any amount, including zero." According to the NAR policy, the boards and association do not control, recommend or suggest the commissions or fees charged to real estate brokerage services.  Hoffman said agent commissions have always been negotiable and that there is not one set commission by law. He also said sellers have always been able to negotiate if they want the buyer to pay their agent's commission.  "I do see about 1 in 10 sellers saying I'm not going to pay a buyer's agent," Hoffman said.    To read full story click here.  

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By Charlotte Stories 3/20 The recent settlement of $418 million by the National Association of Realtors (NAR) in an antitrust lawsuit has raised questions about its impact on real estate commissions and, consequently, home prices here in Charlotte. The lawsuit accused NAR of keeping realtor commissions artificially high, affecting the overall cost of homes for sellers, which could also indirectly inflate home prices. Traditionally, home sellers have been responsible for commissions on both sides, usually around 6% of the sale price, shared between the seller’s agent and the buyer’s agent. With the median home sale price in Charlotte last month standing at $425K, according to Realtor.com, the total commission for the average Charlotte seller would amount to $25,500. Real estate professionals are divided on the settlement’s impact. Some believe it could lead to higher commission fees for buyers, or cause them to use the seller’s agent or no agent at all. Additionally, forced changes to the Multiple Listing Service (MLS) rules could prevent listings from indicating the commission an agent would earn, further complicating the payment structure and transparency. Other industry professionals, however, think the settlement could bring positive change. David Hoffman, founder of David Hoffman Realty and author of Relationship Over Rules, sees a potential win-win for both clients and agents. “Once the dust settles (right now, there is a lot of hyperbola and conjecture being stated), I actually like the concept,” said Hoffman. “I believe that once all parties; sellers, listing agents, buyers, and buyers agents understand the new rules, the two main changes will be that sellers will feel more in control over their bottom line, as they should be as one of the main decision-makers, regarding who they want to compensate and work with, and, buyers agents will need to best articulate their value and quickly.” In terms of how the settlement might affect the Charlotte housing market, Hoffman thinks there may only be a slight decrease in demand. “For the small fraction of sellers who don’t want to compensate a buyers agent, demand may drop slightly, due to less buyers looking at that property,” Hoffman said. “This may affect the odds of a bidding war, or even an offer, increasing days on market, and leading to price reductions, but, I only see this happening 10% of the time, as even fsbo’s almost always offer compensation to a co-broker.” The NAR’s $418 million settlement highlights the evolving dynamics of real estate transactions and the potential for increased transparency and fairness in agent commissions. To Read Full Story Click Below: https://www.charlottestories.com/what-national-association-of-realtors-418-million-settlement-means-for-charlotte-housing/

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New Construction or Resale? When it comes to purchasing a home, one of the first decisions buyers have to make is whether to buy new construction or opt for a resale property. While both options have their merits, there are several undeniable benefits of choosing new construction. In this blog post, we will explore these advantages and shed light on why new construction can be a game-changer for buyers. Personalization One of the primary advantages of buying new construction is the ability to personalize your dream home. Unlike resale properties, where you might have to compromise on certain features or layout, new construction may allow you to customize the design to suit your preferences. From selecting the flooring, cabinets, and fixtures to choosing your desired paint colors, buyers have the opportunity to create a space that truly reflects their unique style and taste. (This depends on the builder and is not always possible) Latest Technologies Moreover, with new construction, buyers can rest assured knowing that they are purchasing a home with the latest building codes and technologies. Energy-efficient appliances, insulation, and advanced HVAC systems are some of the features commonly found in new construction homes. These elements not only provide a higher level of comfort and convenience but also result in significant savings on utility bills. Peace of Mind Another crucial aspect that sets new construction apart from resale properties is the peace of mind it offers in terms of maintenance and repairs. As the home is brand new, buyers can expect minimal maintenance requirements for the first few years. Additionally, most new construction homes come with warranties, providing added protection against any unexpected repairs or defects. This significantly reduces the stress and financial burden associated with older homes that may require immediate attention or costly renovations. Amenities Apart from the physical benefits, new construction also offers a unique lifestyle that appeals to many homebuyers. Many new construction projects are located in vibrant communities with amenities such as parks, swimming pools, fitness centers, and even shopping centers. These well-planned communities often foster a sense of belonging and provide opportunities for socializing and building relationships with neighbors. Furthermore, new construction homes are typically designed with modern floor plans that cater to today's way of living, featuring open layouts and flexible spaces that can be adapted to fit different lifestyles. Involvement in Process Lastly, buying new construction allows buyers to be a part of the exciting process of building their own home from the ground up. From selecting the lot to witnessing the construction progress, buyers can actively participate in every step of the journey. This hands-on experience not only adds to the excitement of homeownership but also allows buyers to build a deeper connection and attachment to their new home. In conclusion, choosing new construction over resale properties comes with a multitude of benefits. The possibility to personalize the home, enjoy the latest technologies, and experience a worry-free maintenance period are just a few advantages that make new construction an appealing option. Additionally, the unique lifestyle and the opportunity to be involved in the building process further enhance the appeal of new construction homes. So, if you're in the market for a new home, don't overlook the advantages of new construction – it might just be the perfect fit for you.

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Buying your first home is a significant milestone, and if you're considering making Charlotte your home, you're in for a treat! The Queen City boasts a vibrant real estate market with diverse neighborhoods, excellent amenities, and a welcoming community. To help you navigate the process successfully, we've put together a guide for first-time homebuyers in Charlotte. Here are some essential tips to make your journey into homeownership a smooth one: Know Your Budget: Understand your financial situation and determine a realistic budget for your home purchase. Consider factors such as your income, expenses, and potential mortgage rates. Work with an experienced lender who can help you with the numbers and explain the different programs available for first-time home buyers. Knowing your budget will help you narrow down your options and avoid falling in love with homes that are out of reach.  Get Pre-Approved for a Mortgage: Before you start house hunting, get pre-approved for a mortgage. This step not only gives you a clear idea of how much you can afford but also makes your offer more attractive to sellers. It shows them that you are a serious and qualified buyer. Work with an experienced local real estate agent: A knowledgeable real estate agent can be your greatest asset in the home-buying process. Choose an agent with experience in the Charlotte market who can guide you through the process, provide valuable insights, and help you find the perfect home. Explore Charlotte's Neighborhoods: Charlotte is a city of neighborhoods, each with its own unique charm and character. Research different areas to find the one that aligns with your lifestyle, preferences, and future plans. Whether you prefer the bustling Uptown scene, the family-friendly suburbs, or the historic charm of certain districts, Charlotte has something for everyone. Understand the Market Trends: Another area where an experienced agent is invaluable. Stay informed about the current real estate market trends in Charlotte. Are home prices rising or stabilizing? Are certain neighborhoods experiencing higher demand? This knowledge will empower you to make informed decisions and negotiate effectively. Attend Open Houses: Attend open houses in different neighborhoods to get a feel for the local housing market. This hands-on experience will help you refine your preferences, understand property values, and make more informed decisions when the time comes to make an offer. Consider Future Resale Value: Even if you plan to stay in your first home for a while, it's essential to consider its resale value. Opt for properties in neighborhoods with strong appreciation potential and features that appeal to a broad range of buyers. Your agent can help provide you with historical data.  Inspect and Negotiate: Once you've found a home you love, don't skip the inspection process. Work with a qualified home inspector to identify any potential issues. Use the inspection report to negotiate repairs or adjust the purchase price accordingly. Be Patient and Flexible: The home-buying process can be both exciting and challenging. Be patient and flexible as you navigate through the various stages. Your dream home may take time to find, but with persistence, you'll discover the perfect match. Plan for Closing Costs: In addition to your down payment, be prepared for closing costs, which can include fees for inspections, appraisals, and legal services. Understanding these costs upfront will help you budget appropriately for your home purchase. Download our FREE Home Buyers Guide Embarking on the journey of buying your first home in Charlotte is an exciting adventure. By following these tips and tricks, you'll be well-equipped to make informed decisions and find a home that not only meets your needs but also becomes a cherished part of your Charlotte experience. Happy house hunting!    

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The Secret to Thriving In ANY Real Estate Market People do business with people they know, like and trust. When you focus on the relationship and not the transaction, they get to know, like and trust YOU. So whether the market is hot or declining becomes irrelevant. Here's how to do that.

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A historic building in Charlotte that was once a church has been officially redeveloped into townhomes. After years of planning and construction, units at The Arches, located in Wesley Heights, are now open and available with some familiar touches from the former church, which stood in the neighborhood for decades. CHURCH TRANSFORMED INTO CONDOS Though the condos are new, the building’s history goes back nearly one hundred years. The iconic Romanesque Revivalist style church was designed in 1927 and was later home to Greater Bethel African Methodist Episcopal Church, formerly known as Wesley Heights Methodist Episcopal Church. But in 2019, the property was sold and the development of The Arches began.  The Arches has 14 total units within two buildings ranging from $500,000 to $675,000. Some are in a new building built last year, but most are in the old church building, with pieces of the sanctuary included in the designs. “The builders kept and preserved the historic integrity of the building and the location. But they also preserved the stained glass, and so there’s actually stained glass in every unit in the church, and it’s called The Arches because they have the arched ceilings.” David Hoffman of David Hoffman Realty, the property realtor, told The Charlotte Observer. “The goal was to preserve the integrity of the community so that neighbors and homeowners can feel included… you know there’s so much new construction around that we wanted to keep in character with Wesley Heights.” In addition to the church-style windows, the two bedroom and three bedroom units are also uniquely designed with city view terraces, optional fireplaces, grilling stations and more. “They all have little different nuances because you know, you have to imagine putting 11 townhomes inside of a church,” Hoffman explained. “I think the developer and builder did a really good job of obviously protecting the integrity of the church, but also making each unit its own.” You can find more information about The Arches online at www.thearchescharlotte.com. Read more at: https://www.charlotteobserver.com/news/local/article284831836.html#storylink=cpy  

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CHARLOTTE, N.C. — With interest rates backing off in the last few months, David Hoffman from Hoffman Realty said more people will be interested in buying a home in the Queen City. "The buyers are still here," Hoffman said. "The number of people moving here continues to grow. It's still a very popular market. Interest rates have started to come down." Hoffman said interest rates went from about 7.5% to around 6.75% which has helped prospective buyers get off the fence.  That also means demand could pick up sooner rather than later.  "There's a lot of buyers that would have waited until March or April," Hoffman said. "They're starting to pull the trigger now, if the home is flawless if the home is priced right." Hoffman added that If a home is not flawless, opportunities can still be had with a little sweat equity. Homebuyers can save some cash if they don't mind making some upgrades to a property.  "What we're gonna have in 2024 is two different things," Hoffman said. "You're gonna have the homes that are in great shape and selling fast, and sometimes even in bidding wars. And the homes that need work are just going to keep going down, down down. That opens the buyer pool up some, but they're still not going to pay a premium if it needs work." On the seller's side, Hoffman recommends that sellers not put their homes on the market unless the home is already turnkey. "I'm going to encourage sellers regardless if they're ready now or if they want to wait, I would encourage them to watch their neighbors," Hoffman said. "If their neighbor goes on the market, to hold off. Less competition will make the home sell faster."      

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CHARLOTTE, N.C. — For years, the real estate market in Charlotte has been hot. However, according to a list put together by the Urban Land Institute and solutions firm Pricewaterhouse Coopers, Charlotte was knocked out of the top 10 real estate markets to watch in 2024.  The recently released list, in its 45th year, consisted of almost 2,000 interviews and surveys from experts including real estate firms and homebuilders. When looking at top real estate markets to watch, Charlotte dropped to number 13, down from number 10 last year. The Queen City has been falling for the past four years. It was number 6 in 2021 and number 5 in 2020. Charlotte realtor David Hoffman of David Hoffman Realty said despite the dip in rankings, real estate in the Charlotte-Metro is still very attractive.  "The cost of living is not as low as it used to be," Hoffman said. "We still have a very diverse workforce, a warm climate, it's very business friendly." The realtor pointed out, however, Charlotte is not as inexpensive as it used to be. "Last but not least, now we're competing with bigger markets," Hoffman explained. "Charlotte used to compete with mid-major markets. Some of the smaller MSAs [metropolitan statistical areas] are in the top 50. Now we're competing with Austin, Texas. Now we're competing with Chicago." Hoffman said another reason for the decline is that the secret is already out.  "A lot of buyers already bought here, the cost of living is higher than it's ever been in Charlotte. And so still very attractive, like you said, 13 is still very good. But it's just not as many buyers as there used to be." Hoffman added that remote working also has to do with the slip. With people from up north or out west still able to keep their jobs, there's more competition for a place in the top 10.  Hoffman said, "It's still one of the more popular places to live. But you've just got to get people here to see the warm climate in the fall and winter and see the four seasons. There's lots of job opportunities. But again, with the remote living, you can live anywhere."

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Author: Jane Monreal Published: 1:41 PM EST November 28, 2023 Updated: 6:29 PM EST November 28, 2023   CHARLOTTE, N.C. — Some homeowner hopefuls looking for their forever home are asking where's the money because of inflation and rising interest rates.  There are a number of reasons why people are choosing to pay for their new home in cash.  David Hoffman of Hoffman Realty in south Charlotte said the obvious one is because interest rates are at a 25-year high.   "If a rate is 8%, why would you want to borrow at 8?" Hoffman asked. "You can't make that money anywhere right now, not even in the stock market. That's why more people are putting money down and paying cash if they can." WCNC Charlotte is always asking "where's the money?" If you need help, reach out to WCNC Charlotte by emailing money@wcnc.com. Hoffman explained during the pandemic, many businesses shut down and employees lost their jobs because of struggling businesses. However, others also created a lot of wealth, with many selling their homes at top value or getting out of the stock market at the right time.  "Between stocks and real estate, you saw a lot of people put hundreds of thousands and millions of dollars in the bank," Hoffman said. "And their net worth went up tenfold." Lifestyle changes also played a part.  "Now they're thinking, 'I don't need as big of a home but I still want my home -- I don't need the big backyard or extra rooms for the office because I'm now back at the office,'" Hoffman said. "'But I want my forever home and I'll pay cash because I sold my house at the peak and sold my stocks at the peak.'" The Charlotte realtor added one of the advantages of a cash purchase is having more buying power.    "That $500,000 home a year ago, was trading for $550[K] to $600[K]," Hoffman said. "Now it's trading for $450[K] to $475[K]. So yes, while rates are high at the moment, that will soon change in the next year or so ... But prices are at a 4-year low. Inventory is picking up, so you have more competition for the seller but more inventory for the buyer. But you're also not going to have all of the bidding wars." Hoffman said if someone is looking to buy now and have the cash to put down, he recommended finding out what matters most to the seller to price down to the seller's bottom line.   

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We have some exciting news - David Hoffman Realty has been recognized as a Top Workplace by the Charlotte Observer for 2023! This prestigious acknowledgment is a testament to the incredible team we've built, and we believe that great things happen when you love where you work. Here are some key points that make this achievement special: Employee-Driven Recognition: The Top Workplace award is based on feedback from our team members, captured through the Energage Workplace Survey. It reflects the positive and supportive environment we've cultivated at David Hoffman Realty. Industry-Leading Benchmarks: The Energage survey is driven by the industry's most robust benchmarks, established over 17 years of collecting data from millions of employees across thousands of organizations. This recognition is a testament to our commitment to creating an exceptional workplace. A Team Committed to Excellence: We believe that when our team is happy and fulfilled in their work, it directly translates to better service for our clients. Satisfied and motivated professionals are more dedicated to going above and beyond for our clients, ensuring their real estate journey is smooth and successful. As part of our commitment to creating a positive work environment for our agents, David Hoffman Realty announces another new agent compensation model, called Level Up. Agents can earn 100% of their commission (minus a transaction fee).  Not only does DHR offer tremendous value in the support services provided to agents, but it can also maximize your financial growth, all while working in a culture of support and commitment to excellence.   If you're a real estate professional looking for a workplace where you can thrive, innovate, and be part of a supportive community, David Hoffman Realty could be the perfect fit for you. We're committed to fostering a positive and dynamic environment where our team members can excel and grow in their careers. Join us and be part of a team that's not just about transactions but about building lasting relationships and delivering exceptional service. If you're passionate about real estate and want to be part of an award-winning team, we would love to hear from you. Please feel free to reach out if you have any questions or if you'd like to discuss the exciting opportunities waiting for you at David Hoffman Realty.  

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  Author: Jane Monreal Published: 10:45 PM EST November 12, 2023 Updated: 4:47 AM EST November 13, 2023   CHARLOTTE, N.C. — A new study by MyEListing ranked North Carolina 10th when it comes to the highest home price and wage growth disparity. Analysts found wages increased in the Tar Heel state by almost 25%, but housing prices went up by over 47%. Their findings specific to North Carolina also included a housing price increase of $100,000 with wages up by only $12,500. David Hoffman, of Hoffman Realty, said it's no surprise that housing prices continue to increase in North Carolina. "North Carolina is a wonderful place to live, to raise a family, to work, to start a business. And I think the secret is out," Hoffman said. The Charlotte realtor talked to WCNC Charlotte's Jane Monreal about the numbers and explained there are many reasons for this. "A lot of people are moving to Florida then coming halfway back," Hoffman said. "The ones that are coming back, or halfway back, retiring. They're empty-nesters. They don't need the high-paying jobs." The realtor added that the gap is also skewed with homebuyers who don't necessarily work in the state.  "They're keeping their high-paying jobs north and then moving down here and they're buying a more expensive home," Hoffman explained. He said he believes people used to move to the Carolinas for the job and cost of living. Now, he said, they're moving for a change in lifestyle.  "Actually, I'm pretty encouraged, because when I saw how close the wage increase was in North Carolina versus the nation, we're within one percentage point of the average, but we're one of the more popular states," Hoffman said. "So if you think about it, we've actually grown one percent above the average and we're one of the top five most popular states to move to." MyEListing came up with its findings from data between 2018 and 2022, a timeframe that includes the pandemic.  Hoffman said during that time, people were seeking more space for a reasonable price compared to where they lived.  "But since the pandemic has ended, I've seen people move down here in droves but they're keeping their jobs in the North."    

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  David Hoffman Realty was so happy to have been a part of the winning team for this years event. FOR IMMEDIATE RELEASE October 10, 2023   NASCAR Stars & Celebrities Kick it Under the Lights at Corey LaJoie’s Kickball Klassic Third annual event raises over $200,000 for Kannapolis YMCA and Samaritan’s Feet     KANNAPOLIS, N.C. – Corey LaJoie’s annual Kickball Klassic presented by Celsius and Built cemented itself as a staple of the area’s festivities for the yearly NASCAR Cup Series and Xfinity Series fall races last Thursday, with the third iteration of the annual event raising over $200,000 for the Kannapolis YMCA and Samaritan’s Feet.   16 teams competed across a multitude of fields at Atrium Health Ballpark and in front of Kannapolis’ City Hall, with field sponsors such as Boston Reid, Thermal Controls, Weaver and Audio Visual Specialists assisting in the creation of the kickball diamonds. "Once a year we get to combine some of my favorite things, racing, charity, rivals, family, friends, partners, competition, and kickball in Kannapolis,” said Corey LaJoie, driver of the No. 7 Spire Motorsports Chevrolet. “The Kickball Klassic continues to grow exponentially every year and benefit some tremendous causes along the way." The teams battled in high-octane kickball action during the day, with David Hoffman Realty knocking out Team Clean Juice to take home the victory in the day’s competition. Throughout the day, 96 total home runs were kicked. For each home run, Blue Green Vacations will be donating Team NEGU Joy Jars to children battling cancer following the event for every home run kicked in the event. "It is an incredible opportunity to host an event of this caliber at Atrium Health Ballpark," said Vince Marcucci, Chief Revenue Officer of Temerity Baseball. "Our team's mission has always been to be more than a venue for baseball games and to make a larger impact in our community. Collaborating with Corey, his team, and the Kannapolis YMCA to put on an event of this magnitude and generate over $200,000 for community organizations checks all of the boxes for what we set out to accomplish with our transition to Atrium Health Ballpark in Downtown Kannapolis. We look forward to continuing to host this event and helping to grow it each year." After the round robin-style tournament completed, celebrity teams of top NASCAR talent along with local and national celebrities comprised the evening’s competition of two semi-final games and a final championship. Celsius, Built, Clean Juice and Sheets Laundry Club all created rosters for the celebrity bracket. Two semi-final games comprised the first half of the celebrity action, followed by a main-stage final showdown of Team Celsius and Team Sheets Laundry Club. After the two sides fought in a close game, an extra-innings walk-off gave Team Celsius the victory in the celebrity bracket, concluding the day’s kickball competition.  The night concluded with a stunning fireworks display presented by Schluter Systems to put a cap on an action-packed day in Kannapolis that raised over $200,000 for the Kannapolis YMCA and Samaritan’s Feet. "The YMCA is so thankful to Corey LaJoie and all of the collaborators and sponsors that make this event possible," said Philip Belfield, Kannapolis YMCA's Executive Director. "In the end, this event is vital to the YMCA to serve more families in our area, which in turn strengthens our community. The YMCA does not turn anyone away from programs like summer camp, swim lessons and family events. As an example, the Y provides Christmas gifts and fresh produce to families in need. The Kannapolis YMCA also provides $200,000 of financial assistance to local families and the Corey LaJoie Kickball Klassic makes it possible for us to do this and complete our mission." Wonderful sponsors such as RTIC Coolers, Johnny Fly, Honeybaked Ham, Blue Compass, Blue Green Vacations, Usana, Mizuno, Pit Boss, B's BBQ and Diamond Creek Water all contributed in big ways to help put together a now-cornerstone event in the Kannapolis community. Fans can stay in the loop on with the Cannon Ballers on the team’s social media outlets, with live in-game updates being provided on X (formerly known as Twitter) at @kcannonballers. All Cannon Ballers home games are broadcast for free on Bally Live, with all home and select road games also having a free audio broadcast on kcballers.com and the MiLB First Pitch App.  

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      Rules are certainly a necessary part of life, however – sometimes we can lose perspective with too much focus on rules and not enough on the relationships around us.  David Hoffman is a former economist and is now one of America’s top realtors, and has authored the book: “Relationships over Rules – 7 Principles to Lead Gracefully and Love Generously”

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Verify on WCNC   CHARLOTTE, N.C. — Just like the cost of everything else, these days, the cost of rent is climbing. If you're single and paying rent to live alone, one study shows that you could be paying way more than people who share a space.  A Zillow Study shows Charlotte is 18th on the list of places where singles pay more in rent.  WHAT WE FOUND The Zillow study found that on average, solo renters are paying nearly $7,000 more in rent each year than couples. In Charlotte, it's a little worse, with solo renters paying an average of $7,915 more annually.  "When you're single, you only have one income, and their buying power is less, and you go the rental route, but then, ironically enough, the rental payment is often more than the mortgage payment," Hoffman said.  WCNC Charlotte is always asking "where's the money?" If you need help, reach out to WCNC Charlotte by emailing money@wcnc.com. According to RentCafe, the average rent for a 944-square-foot apartment is $1,667. However, they found more people in Charlotte own their homes.  "It has to be a short-term thing like I paid a premium to move to Charlotte, but as soon as I'm able, moving towards an asset class stocks, home, precious metals, whatever it is that builds wealth," Hoffman said.  The top city with the highest price to pay if you're a single renter, New York, with a whopping $19,000 premium to live alone.  Contact Meghan Bragg at mbragg@wcnc.com and follow her on Facebook, Twitter and Instagram.

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