September Market Update Videos
See how you’re area is holding up by viewing our September Market Update Videos for the month of August.
RE/MAX Executive
Charlotte’s residential real estate market experienced a significant rebound in values over the past half-decade. In fact, Trulia reports that homes are selling, on average, for 22.9 percent more than they did five years ago. However, in 2015, increases in selling prices have slowed considerably, despite a continued inventory shortage and low mortgage interest rates.
The Counselors of Real Estate (CRE) recently published a report that highlights trends that will impact the real estate market in 2015 and 2016. In part one, we looked at how demographics and urbanization affect the Charlotte real estate market. Now we take a look at some of the other influence factors. Higher interest rates… [Read More]
On June 24, 2015, The Counselors of Real Estate (CRE) released a report that discusses ten trends expected to impact real estate in 2015-2016. Here are four of the issues that the CRE highlighted. Changing demographics A generation of baby boomers continues to age and retire. Many downsize their living space. At the same time,… [Read More]