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Home listings Fall to Record Low Causing Bidding Wars

March 21, 2021 by cara Leave a Comment

A nationwide survey conducted by Redfin found that nearly 56% of offers for homes faced bidding wars in January, up nearly 4% from December of last year. More than half of homes are now going under contract in less than two weeks. This marks the ninth consecutive month where more than half of home offers… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: market conditions, market stats, real estate market, real estate trends, selling

January 2021 Existing-Home Sales and Prices Rise

February 22, 2021 by cara Leave a Comment

Sales of U.S. homes rose again in January, signaling the strong momentum from 2020 may be carrying over into this year. According to a report released by the National Association of Realtors, data shows that housing market activity rose a modest 0.6% from the previous month. January’s existing home sales reached 6.69 million, a seasonally… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: home sales, real estate market, real estate trends, sale prices

New Home Sales Surge to Highest Level Since 2006

October 1, 2020 by cara Leave a Comment

U.S. new-home sales have surged to its fastest pace since before the great recession despite the pandemic. Sales of new homes have increased by 4.8% the Census Bureau announced last week. The housing marked extended its winning streak as Americans continued taking advantage of record-low mortgages. Sales of new single-family homes exceeded an annual rate… [Read More]

Filed Under: Buying, Real Estate Market Conditions Tagged With: Market Report, market stats, real estate, real estate market, real estate trends

Slowing Sales; Higher Prices

April 26, 2019 by cara Leave a Comment

Real Estate Trends

Sales may be slowing but prices are rising.  The Charlotte Region spring market is hot, and sellers are prepared to wait it out as we lead up to summer months. According to the Local Market Update for March 2019, closed sales in March were down 6 percent from this time last year to 3,842 which… [Read More]

Filed Under: Charlotte Real Estate News, Featured, Real Estate Market Conditions Tagged With: charlotte, real estate, real estate trends

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