Spencer Caraway Real Estate
Helping those in the Greater Charlotte area in North and South Carolina to buy or sell their home
Thank you to our clients for sharing their experience working with the Draughon Team
Solar panels vs HOA's in North Carolina
Thanks to some recent court dealings, home owners are protected by North Carolina's Solar Access Law of 2007 "which guarantees access to installation and usage of solar energy sources on detached homes. When the lawsuit was brought before the Court, it was determined that the HOA could neither enact nor enforce a ban on solar panels in their covenants"
There is a catch
HOA's cannot ban the installation of solar panels but they can dictate, for now, where solar panels can be installed on your property "so long as the placement does not interfere with the panel's ability to function"
"A Charlotte homeowner then had this caveat brought to his attention following his application to install 23 solar panels on the roof of his home on Esherwood Lane. Following the project proposal to his HOA, the panels were only permitted to be installed on the back of his house, even though a site survey concluded that the front of the house received the most hours of intense sunlight and can fit more panels. The homeowner argues that this relocation would severely limit reasonable use, as the back of the house only receives about 40% of the light that the front receives, according to an interview with WSOC-TV.
The issue the homeowner faces is proving the impact on the limitation of use. Though the Court has ruled that an HOA cannot demand that solar panels be placed in a location that will limit function, this limit has not been legally defined. Is a 5% reduction enough to negate an HOA ruling? What about 20%?"
Enjoy the entire article here on the subject!
https://www.skylineschool.net/post/nc-hoas-vs-solar-panels
Mortgage Rates Rise Above 4% for the First Time Since 2019 Rising borrowing costs pose another challenge for would-be homeowners already facing soaring home prices.
Many people look up the worth of their house on Zillow and get a “zestimate”. Well, the inaccuracy of these numbers is now costing Zillow a quarter of their workforce.
https://finance.yahoo.com/news/zillow-ibuying-pause-website-traffic-000646513.html
Zillow: iBuying Pause, Website Traffic, Earnings and More In mid-October, Zillow (ZG) announced it was putting the brakes on its Zillow Offers iBuying program until the end of 2021. As Zillow repairs the homes it purchases before reselling them, while there has been strong demand, there has also been an acute worker shortage, which has caused a backlog in....
Buying a house can be intimidating! And if you have never done it before it comes with a lot of unknowns. Here are some tips. Let me know your fears of buying. The 25+ years of experience on the , we do a great job at making the process smooth and stress free. Talk with me and I'm sure we can make a plan to buy that isn't so scary!
https://townebankmortgage.com/blog/mortgage/don-t-let-these-homebuying-fears-haunt-you/
Two towns in North Carolina!
https://fortune.com/2021/10/18/hot-real-estate-markets-2022-outlook-real-estate-buying-a-house/
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After living in Germany for a few years, when I returned to the States, I can say I received questions on each of these points. Germany is an awesome place and I can't wait to go back!
https://toridykes.com/blog/2014/9/10/the-top-4-american-misconceptions-of-germany
for this
https://realtytimes.com/consumeradvice/homeownersadvice/item/1040281
Hey everyone, I am going to start writing about news, tips, and just my experience in the real estate world. I will keep them short. Check out my first one about the current state of the market
https://www.era.com/Wilkinson-ERA-Real-Estate-4182c/Spencer-Caraway-7482537a/pages/market-slowing-down-9127
Is the Market Cooling Down? - Wilkinson ERA Real Estate Fall. It is my favorite time of year. The weather starts to cool down, the beauty of our southern trees reach their peak with the color changes, I no longer have to cut the grass, and college football is back (that is a big deal in our house). Our son Asher will miss the bugs but the rest of the fam
I love to hike and camp. The fall is my favorite time to do it. These pictures are from when Chandler and I went to the Craggy Gardens off the Blue Ridge Parkway a few years ago. Fun fact, we got engaged that day
https://www.theoutbound.com/theoutbound/the-25-best-hikes-in-north-carol
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The has a new listing in Tanner’s Creek in Huntersville. Showing’s will start this Friday!
https://www.era.com/property/link/51545297/detail
News for renters. If you have any questions about this news give me a call and let's talk about getting a house that can be yours!
https://www.forbes.com/sites/joewalsh/2021/08/26/supreme-court-ends-cdc-eviction-moratorium/?sh=d8c076323b2b
Supreme Court Ends CDC Eviction Moratorium The Supreme Court said the CDC doesn't have the power to impose a sweeping ban on evictions.
In case you missed the initial announcement, this Friday is our annual Ice Cream Truck! 6:30-8:30 pm. Drop by anytime and get some free soft serve ice cream with your family and friends
The most recent market data, love letters, upcoming deadlines, help for landlords, and more, in this edition of the SCR Weekly Report. Click here to read it now! https://conta.cc/2W5k1f9
It's that time of year again for our ice cream give away! This year we will be getting Mr. Cone's ice cream truck out to hand out free soft served ice cream. Bring your family and friends and enjoy some ice cream
http://evite.me/XFZGez2smh
Tap to RSVP to Client Appreciation Ice Cream Truck Event You're invited to Client Appreciation Ice Cream Truck Event - Click here to RSVP
People ask me a lot about foreclosures as we approach the end moratoria and forbearance programs . Here is a great article on the topic that is in line with how I see foreclosures going
https://dsnews.com/daily-dose/02-08-2021/foreclosures-2021-what-to-expect-in-the-months-ahead
Foreclosures 2021: What to Expect in the Months Ahead Editor's note: This piece originally appeared in the February 2021 edition of DS News. The millio...
We are grateful for all those who help us stay busy! We know things can be tough for buyer’s in this market but we will always find a way!
The is growing!
https://www.era.com/property/5952-Checkerberry-Ln-Huntersville-NC-28078/51543414/detail
5952 Checkerberry Ln, Huntersville, NC — ERA This 6 bedroom, 5 bathroom Single Family for sale is located at 5952 Checkerberry Ln, Huntersville, NC 28078. View 35 photos, price history and more on ERA.com.
New listing in Huntersville!
Truer now than it's ever been.
All the wood in NC and SC
The market continues to stay strong here in Congrats to the people who have closed and who will be closing soon
The market can be tough out there for buyers but we are still getting people in the door
Check out down in McConnells for some awesome local food