Now that summer is upon us, the Charlotte, NC real estate market is in full swing. Despite the nationwide slowdown in property sales, demand among local home buyers remains strong and prices continue to rise. A quick analysis of Charlotte real estate trends shows a lack of inventory has led a significant reduction in the… [Read More]
Charlotte Real Estate Trends for May 2017
With summer right around the corner, in addition to the weather warming, the Charlotte real estate market is also heating up. Home values have increased 7.9 percent over the past year and predictions show this trend will continue. This means would-be homebuyers won’t have much time to simply sit and sip drinks poolside. Prices and… [Read More]
Charlotte Real Estate Trends for April 2017
As people start looking forward to summer, the real estate market in Charlotte shows signs it is cooling off faster than it has been in months. While there may still be a decline in the market thanks to low inventories, the market for April was better than expected. Increases in price lower sales April’s home… [Read More]
Charlotte Real Estate Market Trends March 2017
Charlotte’s booming real estate market remains strong in early 2017, with homes selling faster and at higher prices than last year. The market should warm up further as summer approaches. Additionally, the repeal of House Bill 2 at the end of March has benefited the area’s appeal, job market and economy. However, declining inventory of… [Read More]
Charlotte Real Estate Trends for February 2017
Signs of spring in Charlotte are accompanied by continued evidence of a robust Charlotte real estate market. Strong Selling Prices For the three-month period ending March 15, Trulia says that the median selling price for Charlotte-area homes was $190,000, a 3.3 percent increase year-over-year. The median selling price of four-bedroom homes was particularly strong, rising… [Read More]
Charlotte Real Estate Trends for January 2017
For those that are interested in buying a home, the new year brings news of a robust market where demand still outstrips supply in many neighborhoods. In fact, inventory is down 25.0 percent since last January, according to the Charlotte Regional Realtor Association. That’s almost 3,000 fewer Charlotte homes for sale. Still, January listings are… [Read More]