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]
Slowing Sales; Higher Prices
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]