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New 55+ Community in Tega Cay

If you like the small-town ambiance and the big-city accessibility, this is a community for you!

Land is being prepared for an 820-home, 55 plus community in Tega Cay. The developer has broken ground for a $3 million clubhouse and amenity center.

Three builders, and more in the works, have committed to buying 462 lots in the 435-acre development near the Catawba River. The site is west of S.C. Highway 160, along Dam and Grayrock roads.

The first model homes in Lake Ridge are to be complete in a month, with Tribute Homes opening an “age-targeted, maintenance-free” section of homes for residents 55 and older.

Those houses are being built on lots with 56 feet of street frontage, and are priced from the $190,000s to $240,000s.

Within two months, five speculative homes should be available. The amenity center is slated to open July 1.

For more information contact Angie Adams www.Carolina55andBetter.com

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

County will maintain the Roads in Sun City Carolina Lakes

Sun City residents were worried the Lancaster County Council wouldn't approve a measure accepting the roads. As it turns out, no vote is required. They are now relieved that roads will be allowed into the county roads system - provided they are built to county standards.

Accepting the roads into the system is part of the development agreement between Pulte Homes and Lancaster County. Previously, the County Administrator had said it was an issue for the council - which recently voted not to accept roads in the BridgeMill and Glen Laurel subdivisions - to decide. Prior to that finding, Sun City residents were concerned they might be left footing the bill for road maintenance.

The guardhouse at the entrance to Sun City will be allowed to remain in the median.

Because the guardhouse is in the median, the development agreement allows Sun City to keep it and maintain the building. During the day, the guardhouse is staffed by a resident greeter who stops cars that do not have a decal identifying the driver as a Sun City resident. It also serves as an information center. In the evening, off-duty Lancaster County Sheriff's Department deputies man the guardhouse. That will not change even after Sun City's roads are accepted into the county road system.

Also see www.Carolina55andBetter.com

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

The new Indian Land library will have 'organic' décor

In many ways, the new library, under construction on Hwy. 521 near Sun City Carolina Lakes, is intended to be a home away from home for all county residents.

Carpet, wall colors and cabinets are all details and have painstakingly picked out for the "Indian Land's Living Room." Chosen are colors commonly found outdoors, mimicking the hues of grass and red clay. The entryway floor will be made of cork, and the main carpet in the library has a subtle leaf print.

The next step is choosing furniture, hoping to stay in the Carolinas for those purchases, making sure as much local merchandise as possible is used for the facility.

Construction on the library is expected to be complete in November.

Donations for the library project continue to trickle in, but more money is needed.

In total, $381,000 has been received in donations from companies, grants and individuals, but $400,000 more is needed to completely furnish the library.

Recently, the Lancaster County Partners for Youth donated $20,000 to the Del Webb Library at Indian Land, to be used for creating study rooms.

The project, along with a new county courthouse, could become part of the capital needs bond referendum the Lancaster County Council is considering.

The Indian Land library is just going to be an arm of the main branch in Lancaster. It's wholly dependent on the main branch. It doesn't all end when our doors open. The health of the Indian Land branch is very dependent on the health of the main branch.

Also see www.Carolina55andBetter.com 

 

 

 

 

 

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

PROFILE OF ACTIVE ADULT AND THE 50+ HOUSING MARKET

'ACTIVE ADULT COMMUNITIES'                               

They're called “active adult” communities, and they're one of the hottest parts of the Charlotte area housing market. Some carry age restrictions, others don't. But they're all designed for buyers 55 and older who are ready to downsize their home but not their lifestyle. Prices often range from $200,000 to $500,000.

Typical features:

Homes usually are on one floor, or at least have the master suite, laundry room and main living spaces on the first floor.

Exterior maintenance is often covered by owners' fees.

Amenities include recreational facilities – pools, tennis courts and walking trails.

PROFILE OF THE 50+ HOUSING MARKET

It might seem as if a larger proportion of active adults – those 55 and older – are downsizing to condos and patio homes, but the numbers say otherwise. Just 5 percent of the folks in that age group move each year, according to a study by the National Association of Home Builders, and that's held steady for a decade.

Here's more from the study, “Profile of the 50+ Housing Market,” by the association's 50+ Housing Council:

Half of all movers 55 and older stay in the same county.

Second homes are more prevalent among older households. Sixteen percent of 55- to 64-year-old households own second homes, the peak ownership.

Three years ago, 350,360 households were in age-restricted or “age-qualified” communities, while about 897,000 were in “other” communities designed to appeal to active adults.

In order from most important, age-qualified buyers rank their preferences this way: recreational facilities, open space within a half block, services provided, gated community, water within a half block, waterfront home.

Design matters. More of those 55 to 64 years old rank design (33 percent) higher than proximity to family and friends (22percent).

These buyers shop multiple neighborhoods and look at more than 10 homes on average.

The median price in age-qualified neighborhoods is $330,000; in “other” active adult communities, the median price is $300,000.

SOURCE: Profile of the 50+ Housing Market, by the NAHB's 50+ Housing Council

Also see www.Carolina55andBetter.com

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

Baby Boomers Seeking to Downsize—But Not By Much
NAHB Study Finds Design, Desire to Be Near Family Drives Decision to Move 

By 2014 the 55-plus population is expected to exceed 85 million and the nation's home builders have been increasingly catering to the unique needs and interests of mature homebuyers, according to a new study that was released last week by the National Association of Home Builders (NAHB) in conjunction with their International Builders' Show ® (IBS) in Orlando, Fla..

According to the data compiled by NAHB's 50+ Housing Council, more than a quarter of a million people will opt to buy new housing in communities specifically built for those ages 55 or better, and more than 100,000 units constructed in 2008 will be targeted to this growing niche market. The report, Profile of the 50+ Housing Market, also dispels some common perceptions about the older home buyer: first, "downsizing" is a relative term and, second, the vast majority of these buyers won't be relocating to the Sun Belt.

The report found that homes in age-restricted active adult communities were only slightly smaller than other homes purchased by 55+ home buyers in both square footage and the total number of rooms, including bedrooms and bathrooms, but were less likely to have a specialty room such as a den or library. In addition, the majority of age-restricted housing buyers (59 percent) indicated they felt they were moving into a better home than their previous one, although fewer than half (41 percent) said their new home cost more than the old one.

Baby boomers may be scaling back in their home size, but they aren't willing to sacrifice quality. They're still looking for new homes that are well-designed and have many of the latest bells and whistles. "Downsizing' means to them the maintenance that comes with owning the typical home with the big yard.

According to the American Housing Survey data that NAHB's researchers analyzed, most buyers (77 percent) chose a new home in a particular age-restricted community because they liked the home's look and overall design, while the top reasons they chose the community was the design (49 percent) and to be close to friends and relatives (28 percent). More than half of all new buyers in 55+ communities move within the same county as they currently live.

The report also suggests that new home buyers in this niche market are not as adversely affected by the current troubles in the mortgage market. Fewer than half of the customers who bought a new home in an age-qualified active adult community needed to take out a mortgage. Of those who did, the study found, the loan-to-value ratio was under 50 percent. Nearly all home buyers in these communities who made a down payment reported that the down payment came from the sale of a previous home. Senior consumers have substantial equity in their existing homes and greater accumulated wealth. They are discretionary buyers and their purchases are very much driven by a desire for the lifestyle these types of communities offer. Seniors are also buyers who are more likely than other groups to buy a new or custom home.

How mature buyers might be affected by the slower housing market is in the selling of their existing homes. Given the strong demographics of the baby boom generation, the active adult buyer will continue to be a very important housing consumer for a long time to come.

Also see http://www.carolina55andbetter.com/

by Angie Adams NC/SC REALTOR® Broker | 1 Comments

Soon Sun City Carolina residents can ride their Golf carts to the nearby grocery store!

Charlotte's RED (Real Estate Development) Partners has started work on Carolina Commons, a 180,000-square-foot center adjoining the 1,200-acre-plus active adult community on U.S. 521 in Indian Land, S.C.

By early next year, residents of Sun City Carolina Lakes near Charlotte will be able to drive a golf cart to a supermarket, a drugstore, a bank, a restaurant and medical services.

Harris Teeter will anchor the retail portion with a 53,000-square-foot grocery. Other signed tenants are CVS, BB&T and Wendy's.

Presbyterian Healthcare will occupy 40,000 square feet of a 60,000-square-foot multi-tenant medical office building.

The developer bought its 25-acre site from Pulte Homes, which is developing the Del Webb community of up to 3,400 homes for buyers over age 55.

The residential project was designed with golf-cart lanes on major traffic arteries and parking spaces especially for carting homeowners.

The developer worked with Pulte on providing golf cart access and parking spaces in the center and coordinating the architectural design of Carolina Commons.

They see the center as an amenity to residents, who won't have to venture onto U.S. 521 for basic consumer services.

About a third of Sun City  planned homes have been completed and about 1,100 people live there.

Carolina Commons also is providing golf cart access though the center to a public library, under construction on two acres donated by Pulte.

The main entrance off U.S. 521 to Carolina Commons will be on Jim Wilson Road, across from Crosland LLC's planned 142-acre Cornerstone shopping and medical office complex.

Planners anticipate more commercial and residential growth in fast-growing Lancaster panhandle because of it proximity to Ballantyne in south Charlotte and Charlotte/Douglas International Airport.

S.C. officials estimated that Sun City -- about 8.5 miles south of Ballantyne -- will add about 6,000 residents to the county.

Also see Angie's Active Adult Website www.Carolina55andBetter.com

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

A Study by Sperling’s Best Places: Most Romantic Cities for Baby Boomers

Sperling’s latest study found the top 10 cities in the United States where romance blooms for boomers--no matter what the interruption.

 

Top 10 Cities That Have That Loving Feeling

  1. Pittsburgh, PA
  2. Salt Lake City, UT
  3. Raleigh-Durham-Chapel Hill, NC
  4. Providence, RI
  5. Charlotte, NC
  6. Hartford, CT
  7. Minneapolis, MN
  8. Rochester, NY
  9. Dallas, TX
  10. Houston, TX

 Read more here!

Also see Angie's Website at www.Carolina55andBetter.com

 

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

Female Boomers Demand Your Attention

Women control 91 percent of homebuying or remodeling decisions. This finding from a recent Harvard University study caused Doris Perlman, founder and president of Possibilities for Design, a Denver-based home design firm, to delve more deeply into the homebuying habits of female baby boomers (women born between 1946 and 1964).

Among her observations:

  • This target market is looking for practicality and comfort, which translates into demand for wider hallways and stairs, living areas on the main floor, and open-air floor plans with multifunctional spaces.
  • Both task lighting and natural light are of major importance to compensate for declining vision that many baby boomers are starting to experience.
  • For aging eyesight, any marketing material in smaller than 13-point type is “retail suicide.”
  • Seventy-five percent of female boomers will settle for a smaller house if that’s what it takes to get high-quality products and amenities.
  • Women buyers are looking for strong character in home design, such as cottages with a crisp and clean look, urban enclaves with rich colors and textures, and calming and contemporary Asian influences.
  • Women are attuned to colors, while men do not seem to care as much. In response, the color trends of 2005-2006 included brown becoming the new black; grayed-out greens; reds coming up orange; classic colors with such new names as Wasabi, Aero Blue and Vanilla; and textural effects suggesting copper, pewter and stone.
  • Female baby boomers now have more time to relax, engage in social activities and explore hobbies, making “special-interest” rooms an essential feature in their home selection. “Women shop with peripheral vision: They notice everything,” Perlman said.
  • Women 55 and over are cyber-savvy, and use their computers for ordering and correspondence.

If female boomers are a segment you market to, knowing how they think and act can give you the inside edge on winning their business.

More on www.Carolina55andbetter.com

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

Empty nester trends

The National Association of Home Builders has identified these trends in housing for empty nesters:

• One-level living. Stairs and aging joints aren't exactly a match made in heaven, so homes geared toward empty nesters are either built on one level or keep the master bedroom and all the primary living areas on the main level.

• Reduced exterior maintenance. Many developers are luring empty nesters by including yard maintenance -- even with single-family homes -- and using building materials that require little to no maintenance.

• Turn-key lifestyles. Active empty nesters like to travel -- they have grandchildren to spoil and dream vacations to enjoy -- and want to be able to turn the key and leave without worrying about security or maintenance.

• Down-sizing doesn't mean skimping on amenities. Empty nesters who give up square footage still want open floor plans, gourmet kitchens and large master suites.

More at www.Carolina55andbetter.com

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

Filed under:

Featuring a new Active Adult Comunity "Glenmore Garden Villas"

Location: McKee and Kuykendall roads in south Charlotte, five minutes from Interstate 485, three minutes from Providence Road. Size: 71 two-story townhomes in 21 buildings on 16 acres.

Prices: Starting at $389,900 for a three-bedroom, 2 1/2 bath, 2,899-square-foot unit including large downstairs master suite.

Features: 10-foot ceilings downstairs, flex room, upstairs office, 16-by-10 foot outdoor dining patio, two-car garage, granite counter tops in kitchen, 42-inch maple cabinets.

Options: Outdoor living package, ventless gas fireplace, Viking and Bosch appliances, wet bar in flex room.

Amenities: Pool, cabana, gardens, fountains, landscaped grounds.

 Ask Angie Adams SRES for more details! Also see www.Carolina55andbetter.com

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

"You Tube" and Sun City Carolina Lakes

I was just made aware of someone making home movies on "You Tube". If interested you can watch them here Sun City Carolina Lakes on "You Tube" . I thought that one was pretty neat Flight over Sun City Carolina Lakes

 

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

Maintenance-free living at Lake Wylie

Harpers Green, featuring 97 townhomes on 20 acres along S.C. 557, will open its sales center near Thanksgiving, with the furnished model completed by February. Priced in the mid- to high-$200s, Harpers Green will provide a gated community with maintenance-free living and lots of space -- especially for townhomes.

"We could have put almost 200 homes there, but we wanted to keep it smaller and provide a privacy that is usually not associated with townhomes," the builder said.

Other amenities include an open-air picnic pavilion, play park, putting greens and bocce ball. All homes range from 2,000 to 2,500 square feet with master bedrooms on the main level and come with three bedrooms, two-and-a-half baths and a two-car garage.

"We feel like this will appeal both to the empty nester and the young professional," the builder said. "It's close to everything."

 More at www.Carolina55andbetter.com

 

 

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

Best Neighborhoods to Retire, by CNN Money
Charlotte, NC, Best place to retire: Uptown
Pros: Low cost of living and property taxes, buyer's market, new light rail line
Cons: Construction - of the twenty condo tower projects, only two are complete.
Real estate: One survey found an average condo price of $440,000, but basic one-bedrooms still go for under $200,000. Rent an Uptown two-bedroom with a garage for $1,500. Read more  Best Places to Retire!

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

New Gated Community with Patio Homes near Lake Wylie

Shoppes at the Landing will include a Gated community with 25 Patio Homes ranging from $350,000 to $450,000. Ask Angie for more info or go to www.Carolina55andbetter.com.

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

Work on Commercial and Retail Center near Sun City Carolina Lakes will begin soon!

If you were originally looking into Sun City Carolina Lakes and you were did not like the price, or you feel it is too far from retail, there is exciting news:

 

A 25 acre commercial and retail center at Sun City Carolina Lakes will begin early this Summer and will include a Harris Teeter grocery store, a large CVS pharmacy, banks and other retail shops.  There will also be a medical office and a library. It should be completed in 2 to 3 years.

 

If you don’t have any interest in Sun City there are several new patio home communities coming up nearby. The Builder is Standard Pacific homes, and these are Ranch/Patio homes that are maintained with a clubhouse and pool. Call me to get on the list if you have any interest. Prices start at $240,000

 

Pulte Homes has a mainstream community across from Sun City and they have a separate section with maintenance free patio homes (private wooded lots) starting at $217,000. They also have a clubhouse with pool.

 

Epcon communities is building all brick pinwheel type one story condos in Tega Cay, SC in walking distance to retail and Lake Wylie. Call me for more info. They start in the low $200,000

Call Angie Adams, SRES for more info toll free (866) 561-6396

See website: www.Carolina55andBetter.com

by Angie Adams NC/SC REALTOR® Broker | 0 Comments

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