Like most major markets in the United States, August tends to bring a moderate slowdown in the Charlotte, NC real estate market, and this year has been no exception. Although there has been a moderate dip in year-over-year closed sales, Charlotte real estate trends continue to move upwards in terms of median sales price, indicating… [Read More]
Charlotte Real Estate Trends : July 2017
With summer moving past its midpoint, we should continue to a see a strong Charlotte real estate market through July. The indicators show as much, but with another drop in inventory for homes, the home buying competition is still high. Charlotte continues to be a seller’s market. Here is an overview of the Charlotte real… [Read More]
December 2016 Market Update Videos
The story has remained consistent as concerns residential real estate. In year-over-year comparisons, the number of homes for sale has been fewer in most communities. Meanwhile, homes are selling in fewer days and for higher prices. This hasn't always been the case, but it has occurred with enough regularity and for enough time to make... [Read More]
November 2016 Market Update Videos
As we enter the final quarter of 2016, not much has changed since the year began. Market predictions have been, in a word, predictable. A relatively comfortable pace of activity has been maintained thanks to continuing low unemployment and mortgage rates. The one basic drag on market acceleration has been inventory decline. There is little... [Read More]
October 2016 Market Update Videos
As anticipated at the outset of the year, demand has remained high through the first three quarters of 2016, propping up sales and prices despite heavy reductions in inventory and months of supply across the country. With rental prices and employment opportunities in a consistent climb, year-over-year increases in home buying are probable for the... [Read More]
September 2016 Market Update Videos
Closed sales began to cool for much of the country last month, and conventional wisdom indicates that year-over-year declines are going to be present for the remainder of the year, given the low inventory situation in most markets. Demand is certainly present and has created competitive situations that have kept prices up. Rental prices are... [Read More]