The first month of the new year begins with positive real estate news. Mortgage interest rates remain steady to slightly lower, and there’s good news from the FHA regarding mortgage insurance. Also, the selling prices of existing single-family homes continue to edge upward, especially when it comes to one-bedroom homes.
Archives for February 2015
Year to Year Trends in Charlotte’s Real Estate Market
A final look at the 2014 residential real estate market in the Charlotte area yields a number of encouraging signs. For example, the Charlotte Regional Realtors Association reported that 36,191 homes were sold in the region during the year, and this represented a solid 4.8 percent increase over 2013.