The 2020 Covid-19 pandemic has upended the country’s real estate market but some regions are in better positions to bounce back than others. The shift to working from home for many Americans meant households across the country rethought were they lived. There was a surge in interest in vacation towns as wealthier Americans opted for… [Read More]
Queen City Ranks Third in Top Housing Markets for 2021
Charlotte is expected to have a top-performing housing market next year. Chief Economist, George Ratiu of Realtor.com ranked Charlotte number three in the top 10 housing market in for residential real estate in 2021. Charlotte’s year-over-year growth in home sales in 2021 is anticipated to be 13.8% with prices forecasted to grow 5.2% over the… [Read More]
Unexpected Dip in October U.S. Pending Home Sales
Pending home sales in the U.S. fell for a second straight month in October according to the National Association of Realtors. Among the four major U.S. regions, contract activity was mixed. Each region achieved year-over-year gains in pending home sales transactions but the only positive month-over-month growth happened in the South. The National Association of… [Read More]
U.S. Housing Market Pauses But Remains Hot
A new report released by relator.com finds the U.S. housing market took a breather recently. During the first week of November, buyers and sellers focused on current events according to the report. Between the presidential election and a rise in coronavirus cases, buyers and sellers had a reason hesitate according to the report. Even while… [Read More]
Pending Home Sales Stumble 2.2% in September
After four consecutive months of contract activity growth, pending home sales experienced a minor decline. All four major U.S. regions however have recorded notable year-over-year increases. This according to the National Association of Realtors. NAR’s Pending Home Sales Index measures the change in the number of homes under contract to be sold but still awaiting… [Read More]
Senior and Affordable Housing Coming to Charlotte
Hundreds of apartments are coming to Charlotte after City Council approves nearly two dozen rezoning petitions at its meeting on Monday evening. Many units will include affordable and senior housing. The council approved a total of 24 developments. There are changes in the works for Brookhill Village. The property has attracted much interest over the… [Read More]