New Mooresville Waterfront Foreclosure Listing

Mooresville waterfront foreclosure

Mooresville Waterfront Foreclosure

Lake Norman waterfront home in Mooresville just listed! This is a Mooresville waterfront foreclosure listing that is accepting owner occupant bids until April 6th. I expect multiple offers and offers over the list price.
Home sits on 1 acre lot and just had new roof installed, new carpet installed, fresh paint and new stainless steel appliances. The home sits on a 1 acre lot with nice views from the master bedroom, the deck and from three bedrooms upstairs. See the virtual tour below for pictures and be sure to contact us for a private tour.

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Lake Norman Foreclosure Real Estate Market Update March 2012

Lake Norman Foreclosure Homes
At the end of March 2012 there were 77 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 40% increase from the 55 foreclosure, preforeclosure & short sale properties for sale in February. Prices range from $39,000 to $5,900,000 for a waterfront home in Mooresville.

21 foreclosure/short sale homes closed in March 2012. This was an increase of 50% from the 14 foreclosure and preforeclosure homes sold in February. The average home sold was a 4 bedroom/4 bath with 3,677 square feet and an average sale price of $471,226. The average sales price increased 155.6% from the previous months average sale price of $184,431. The average days on the market were 164, a 54 day increase from February.

31 foreclosure and short sale properties are currently under contract, a 47.6% increase from February. Continue reading Lake Norman Foreclosure Real Estate Market Update March 2012