Real Estate News: Final Portion of I-485 to Honor a Local Business Man

It was just announced that the final segment of I-485 outer loop will be named in honor of H. Allen Tate, Jr, the founder and CEO of the Allen Tate Companies.

Mr. Tate has served on the Charlotte Chamber’s Regional Roads Committee, Toll Roads Solutions Committee and others. Some peers feel without his drive and involvement throughout the years, I-485 would not be completed for many more years. The Charlotte Chamber President & CEO, Bob Morgan, said ” For the past 50 years, there has been no greater champion than Allen Tate for planning, funding and building of roads to meet the demands of our region’s growing population”.

What a great honor for a wonderful man. Congratulations Mr. Tate!

No date has been set for an opening or naming ceremony but it is in the works.

Summarized from an article on Charlotte Chamber website

Your Needs vs Your Wants When Searching for Your Dream Home

12.5.14 Wants vs Needs
Ready to move and excited about the prospect of getting “everything you ever wanted” in a home? Of course, that’s where we all start, but budget and other realities soon factor in.

So how do you make your dreams come true without breaking the bank?

The key is setting a realistic budget – and understanding the difference between what you want and what you need.

Start by sharing the information below with your Allen Tate Realtor to help determine what you can afford, your preferred location, home size – and what your expectations are.

  • Budget – Get pre-qualified now to determine what monthly mortgage payment you can afford and loan amount you qualify for.
  • Location – Do you want to be close to work and/or school? In urban, suburban or rural area?
  • Size and type of home – How many bedrooms, baths, etc. Single family, townhome or condo?
  • Condition of home – Are you looking for a fixer-upper, new construction or an existing home in top condition?

The next step is to create is a simple list regarding the amenities you want. This exercise will help you and your Realtor set priorities:

  • Don’t Want
  • Like
  • Need
  • Must-Haves

Be sure to include everything you’ve ever dreamed about – maybe granite kitchen countertops, a wood-burning fireplace, a three-car garage, a four-person whirlpool, the best school district in the city and other features. Then decide where these amenities belong on the list. Also include the deal breakers – a two-story home, corner lot, busy street, etc.

By prioritizing the amenities on your list, you and your agent will get a clear picture of what you might be willing to trade off for the right location.

By helping your agent play matchmaker between you and your next home, you’ll hopefully find the home with what’s most important to you – and a few pleasant surprises as well.

Phyllis Brookshire
President, Allen Tate Realtors®

Real Estate News: Special Gift for Central Piedmont Community College

Central Piedmont Community College (Central Campus) plans to build a clock tower located along Elizabeth Avenue between the Terrell building & Elizabeth classroom building. The clock tower will stand 48′ tall and will be constructed of brick and cast stone. The tower is a gift from H. Allen Tate, Jr a local business man, founder & CEO of Allen Tate Companies. Mr. Tate felt something was missing from this campus and hopes the tower will serve as a “great symbol of achievement and a reminder of all the hard work and commitment students have made to achieve their goals.” A wonderful gift from a special man.

The clock tower is expected to be complete by early 2015.

Real Estate: Summer on the Move Sweepstakes


Happy Hot Summer!


If you’re like most of our friends, there’s a good chance you’re on the move – attending sporting events, enjoying outdoor gatherings, traveling to the beach, lake or neighborhood pool. And Allen Tate has a new contest, just for you.


The Allen Tate Summer on the Move Sweepstakes celebrates TateMobile(, the mobile website and apps for iPad, iPhone and Android. With TateMobile, you’re never far away from Allen Tate.


So that you’re always well-connected, we’re giving away an iPad2 with WiFi (16GB) –actually, two of them, valued at $499 each.


Registration is easy. Simply go to and click on the Summer on the Move logo on the left side of the page. Complete the registration form and you’re done.


You’re also welcome to share this information with your family and friends and encourage them to enter the contest as well. They must live in NC or SC; be 18 years of age or older at the time of registration; and have a valid e-mail address. Limit one entry per person. No purchase is required. Registration ends at midnight on August 31, 2011, and the winners will be announced in early September 2011.


We hope you’ll take a few minutes to enter the contest, and we’ll keep our fingers crossed for you to win.


And if there’s anything we can help you with, please feel free to call or e-mail us. It’s always great to hear from you.


Good Luck! The Lee Ann Miller Team


Lee Ann Miller Honored By Allen Tate Company

January 29th 2010 Lee Ann Miller, with the Allen Tate Company, recently received The Barbara Tate Legendary Service Award. This award is provided to the Realtor that has consistently demonstrated exceptional service to clients.  This award winner has also earned a reputation for market knowledge, negotiating skills, communication skills and delivers these skills to the consumer in a manner that exceeds expectations.  Additionally, the winner embraces the one-stop shopping model the Allen Tate Company provides and has partnered with our family of companies to deliver a comprehensive real estate experience to the client. Only one award company-wide is given each year.  Lee Ann Miller has been honored with this, the highest of all Allen Tate awards for the year 2010. She recieved awards for the Masters Circle, President’s Club (Over $200 Million in Sales) & Top Team.  Lee Ann Miller has a full service real estate team, in the Lake Norman office, where she has been helping clients move up, move out, or move on since 1987. For information about Lee Ann Miller and her team visit    

Charlotte, NC home prices on the rise?

Charlotte sign 2 recently posted the top five cities where home prices will likely rise and Charlotte was one of them. This is good news but don’t expect it to happen overnight. They will likely inch, rather than fly, and not all areas will be the same.  Charlotte, NC is one of the areas where economist believe is showing an early sign of strengthening and the home prices are predicted to rise. Moody’s provided Forbes with their housing price forecast for the country’s 40 largest metropolitan statistical areas. These are the top five (1) Atlanta, GA (2) Austin, TX (3) Baltimore, MD (4) Boston, MA & (5) Charlotte, NC.  Charlotte’s percentage change over the next five years is predicted to look like this 1 year, 2009: -8.15%, 3 year, 2009-2012: 3.54% and 5 year, 2009-2014: 12.20%. Let’s hope they are close. That’s great news for all of us.


                                                            704-896-5141 Office                                                (September 18th 2009)

New tool on my website


 June 2009

Home values certainly are among the many questions I get when asked about how the real estate market is performing.  Fortunately, I have many resources available to me that allow me to provide that information to you.   The CMA (Comparative Market Analysis) is the best way for me to determine the value of your home, but if you’d like to do a little research on your own, I have a new tool on my website that you will love!   I am now updating my website every hour to include recent sales in the Charlotte market with the active listings.  Want to know what homes in your neighborhood are selling for?   Moving up and need recent sales data in another community?  Thinking of an investment property and need to know values to determine where you should buy?   I have the information!  Simply go to  and click the “TateMap Interactive Search” button.  From there, zoom in to your area (or zoom directly to a subdivision from the button at the top).  You will see the active listings by default.  Hover over any active listing and click the link to view recent sales.  Sold homes going back 12 months will now be represented by the gray pushpins.    Remember … the data is important in determining values.  The expertise I bring that analyzes that data and makes adjustments for location, condition and other factors is critical.   Feel free to look around – I am always happy to meet with you and discuss your questions on values or any of your other real estate needs.   Best wishes for a great summer!      Lee Ann Miller  Lee Ann Miller Team Logo w/Tate “The Lee Ann Miller Team” Allen Tate Company 704-896-5141 Office 980-233-3152 Fax

The Most Important Questions in Real Estate Today

  Common Sense Answers from Real Estate Expert Steve Harney   How do I price my house to sell in today’s market? Your Allen Tate Realtor® is your best resource in helping you understand what it will take to sell your home timely and at the maximum value. Your Realtor can provide you with a comparative market analysis of recent home sales in your area, and offer helpful tips to market your home in top condition. Successful sellers are willing to price their home at or below market value, and reduce their listing price accordingly if it remains on the market. Research shows the longer a home is on the market, the lower the sales price when the home sells.*   How do I know that now is the right time to buy? If you are employed, have decent credit and some money set aside for a down payment, then this is one of the best times in history to purchase a home.  Interest rates are at an all-time low; there’s a great inventory of homes, priced to sell; and there are a wide variety of loan programs available. Additionally, first-time home buyers with adjusted gross incomes of $75,000 for single filers and $150,000 for joint filers are eligible for an $8,000 federal tax credit for homes purchased in 2009. That’s a great opportunity.   How do I sell my house at the price I need to move up? If you have equity in your existing home, you can leverage that equity to move up. Most North and South Carolina home owners who purchased their homes before 2005 will still be able to recoup their investment and potentially see some return. Sellers need to understand that if they are willing to take less on their existing home, they will very likely be able to purchase a new home at the same discount or better. Sellers simply need to get past the mindset that they “deserve” the same price as their neighbor, who sold his home two or three years ago. It’s a different market today, and it is very unlikely that will happen.   Will interest rates continue to fall? Low interest rates are designed to stimulate the economy by encouraging consumer confidence. The interest rates we’ve been seeing since last summer are at a 25-year low. So when interest rates begin to rise, it’s a sign that the economy is improving. We’re already seeing some small increases in interest rates. Buyers who are waiting for “the bottom” may find themselves disappointed when their ideal home is sold to a more eager buyer. The reality is that we will not know when we have hit “bottom” until it has passed.   What do I need to know about mortgages? Contrary to popular belief, mortgage money is still available, but more documentation is required than ever before. You’ll also need a down payment, but there are several loan programs which require only 3-to-5 percent down. There are several excellent programs targeted to first-time buyers, as well as federal loan programs, if you qualify. As always, it makes good sense to pre-qualify for a mortgage before you start shopping, so you know how much home you can afford. Your Allen Tate Mortgage Consultant would be happy to answer your mortgage questions and guide you through the pre-qualification process.

*National Association of Realtors 2008 Profile of Home Buyers and Sellers                                   

           For information Contact The Lee Ann Miller Team         

LAMT&ATClogo  704-896-5141 Office


Charlotte Area Lake Living: Lake Norman

Created from the Catawba River, which flows west of Charlotte, Lake Norman, Lake Wylie and Mountain Island Lake offer endless recreational opportunities. From boating and waterskiing to fishing and camping along the shores of these beautiful lakes, water enthusiasts are sure to be satisfied in the Charlotte region.                       Lake Sunset Grass     Lake Norman ________________________________________________________________________________________ Located just 20 miles northwest of Charlotte, Lake Norman is often referred to as the “Inland Sea.” With 520 miles of shoreline and a surface area of 32,475 acres, Lake Norman is the largest body of fresh water in the state. The lake was created in 1963 when Duke Power constructed the Cowans Ford Dam and was named after former Duke Power President Norman Cocke. Beyond the power it generates, Lake Norman is a major water source for Mooresville, Davidson, Huntersville, Charlotte and Lincoln County. Fishing in Lake Norman is quite plentiful, with crappie, bluegill and yellow perch in addition to striped, largemouth and white bass. Spanning 1,500 acres, Lake Norman State Park in Troutman includes 13 miles of shoreline, biking and hiking trails and camping along the peninsula that juts out into the lake. The park also offers a new lakefront swimming area and beach equipped with lifeguard during the summer months.   Lake Norman Public Access Areas Upper Section Long Island Access Area—919-715-3155 Lake Norman State Park—704-528-6350 Bill’s Marina—704-241-3438 Long Island Marina—828-241-4877 Stumpy Creek Access Area—N/A McCrary Creek Access Area—N/A Pinnacle Access Area—919-715-3155 Marshall Fishing Area—N/A North Bridge Marina—704-663-4600 River City Marina—704-663-6000 Skipper’s Marina—704-528-9880 Lower Section Lake Norman Marina—704-483-5546 Mountain Creek Marina—704-483-0077 Lake Norman Motel, Restaurant and Marina—704-478-2817 The Boat Rack Marina—704-478-2118 Hager Creek Access Area—919-715-3155 Little Creek Access Area—919-715-3155 Westport Dry Storage—704-438-5172 Holiday Harbor—704-892-0561 Beatties Ford Access Area—919-715-3155 Jetton Road County Park—704-896-9808 Ramsey Creek Access Area—704-892-7852 McGuire Fishing Area—N/A Energy Explorium—704-875-5600 Blythe Landing County Park—704-896-9808 All Seasons Marina—704-892-3478 Stutts Bait and Tackle—704-664-3106 Inland Sea Marina—704-664-4414


Charlotte, NC – Real Estate

Audrey Cir

Good Real Esate News To Report For Charlotte, NC

                                                                                                                                                                                               April 2009 As we continue to weather the current economic conditions, I have good news to report. I am selling houses!  Clearly, some of the media will have us think that the housing market is at a standstill.  Please understand, this is not true.  In fact, some more good news might surprise you! I am often asked, “When do you think the real estate market will get better?”  My response is simple … “For whom?” For the first-time buyer NEVER!  With a $8,000 federal tax credit (real cash, not a deduction) for first-time buyers and interest rates hovering around 5%, the market will never be better.  If you’d like more information on this amazing opportunity or know of someone that should take advantage of this limited time offer, please call me.  The credit is set to expire November 30. For the investor buyerNEVER!  What an opportunity to diversify your investment portfolio and add real estate as an asset to your long-term financial goals.  With interest rates low, an ample supply of inventory to choose from including new construction opportunities that minimize maintenance costs in the near term, the market will never be better.  Interested in knowing what this means to you specifically?  Call me! For the move-up buyerNEVER!  With the current market pricing, the time to sell your current home for less than its previous value and purchasing a larger home at a comparable percentage discount results in real returns.  Add to that savings the differential in the current interest rates vs. where the rates could be when you make the move in the future, the differential could be hundreds of thousands in savings.  The market for you will never be better.  As you see, there is good news out there for many real estate consumers.  I assure you that many will look back at 2009 and classify it as a “lost opportunity” if you do not take advantage. If you have any questions or just want to chat, give me a call Lee Ann Miller                                                                                                                                                                  704-896-5141 Office                                                                                                                   Allen Tate Company