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Unexpected Dip in October U.S. Pending Home Sales

December 1, 2020 by cara Leave a Comment

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]

Filed Under: Real Estate Market Conditions Tagged With: buying, existing homes, market conditions, pending sales, real estate, selling

Pending Home Sales Stumble 2.2% in September

November 2, 2020 by cara Leave a Comment

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]

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

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

Home Prices Rise Despite Economic Unease

August 26, 2020 by cara Leave a Comment

The start of 2020 has been a tough year for businesses and the stock market. But unlike the 2007-2008 recession, housing prices in the U.S. and Charlotte specifically, have remained strong. House prices in the U.S. rose 5.4 percent from the second quarter of 2019 to the second quarter of 2020. This according to the… [Read More]

Filed Under: Buying, Charlotte Real Estate News, Real Estate Market Conditions Tagged With: charlotte real estate, home prices, housing market, inventory, real estate

National Existing-home Sales Climb Record 20.7% in June

August 4, 2020 by cara Leave a Comment

U.S. existing-home sales rebounded at a record pace in June, boosted by historically low mortgage rates and showing strong signs of a market turnaround after three straight months of sales declines caused by the coronavirus pandemic. This, according to the National Association of Realtors in a report released last month. Total existing-home sales, which include… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: existing homes, housing market, national market, real estate, real estate market

Steady Charlotte Summer Market

July 29, 2019 by cara Leave a Comment

Real Estate Trends

Sales continue at a steady pace this month in Charlotte while inventory slowly declines, making the area a competitive market for buyers this summer. With fall around the corner, buyers aren’t slowing down this month and with no new homes on the market, sellers can expect to see sales continue to increase. According to the… [Read More]

Filed Under: Charlotte Area News and Information, Charlotte Real Estate News, Featured, Real Estate Market Conditions Tagged With: charlotte, charlotte real estate, Charlotte Real Estate Trends, real estate

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