Two new projects, very different in scope and target market, are coming to the inventory-starved Charlotte scene. Poe NoDa, which bills itself as “uncustomary townhomes for the counterculture of Charlotte,” is set to break ground soon at 2715 N. Davidson St. Developed by byFiorenza Communities, Poe is a small community of 29 townhomes on 1.6… [Read More]
Charlotte housing market ends ’19 on upswing
Though the Charlotte housing market may have started 2019 off slowly, the region saw a flurry of housing activity in December and had a nearly 6 percent increase for the year over 2018 totals for residential sales. Monthly home sales rose 17.2 percent in December compared to December 2018. In total, 50,854 homes sold in… [Read More]
Nov. home sales drop, list prices on rise
As 2019 draws to a close, home sales in the Charlotte region are slowing down overall but showing a positive trend headed into 2020, while demand remains strong amid falling inventory. Year-over-year sales were up 2 percent, with a total of 3,878 homes sold across the Charlotte region, according to the Canopy MLS monthly report…. [Read More]
Charlotte suburb nabs top spot
Twenty years ago, Weddington barely registered on Charlottean’s radar as a feasible place to live and commute into the city. The once remote patchwork of farm land and pasture has come a long way since then and is getting noticed. The suburb, which lies about 15 miles southeast of Charlotte, was just named the top… [Read More]
Oct. sales show positive trend for region
Pending sales in the Charlotte region were up nearly 26 percent in October, signifying buyers are not deterred from the Charlotte area’s continued low housing inventory. From September, pending sales under contract increased 2.5 percent. Closed sales also saw a nearly 11 percent from October 2018, with 4,284 home sold, according to the most recent… [Read More]
Positive trends in September housing market
In an unusual turn for September, year-over-year home sales in the Charlotte region rose in September, and the strong seller’s market continues to prevail across the region despite challenging inventory levels. Sales were up 8.3 percent in September from year-ago figures, with a total of 4,612 sales closed in September, according to the most recent… [Read More]