A recent study looked at 130 real estate markets across the United States and found that 61 percent of Charlotte residents can afford entry-level homes in the market. California-based John Burns Real Estate Consulting’s study defined an entry-level home as one priced 20 percent below the median price for that area. The study’s calculations are… [Read More]
Steady Charlotte Summer Market
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]
Charlotte Real Estate is Booming
Sales continue to climb while inventory dwindles in the Charlotte area. The Charlotte area is booming compared to last year’s sales, with housing going fast and prices rising! With even less inventory available each month, Charlotte real estate is hot and expected to continue rising. According to the Local Market Update for May 2019, closed… [Read More]
Top Three Charlotte Neighborhoods of 2019
In a recent Redfin article, the annual hottest neighborhoods report breaks down the top neighborhoods to live in 2019 using a combination of agent insights and data. Common across all areas this year, buyers are looking for affordable living which is proving to be difficult in such a hot market. This year, the top neighborhoods… [Read More]
Spring market in Charlotte remains strong
As expected, the market in the Charlotte area remains strong so far this spring with sales increasing, new listings on the rise, and inventory going fast. If you’re in the market for a new home in the Charlotte area, explore these local market statistics today. According to the Local Market Update for April 2019, closed… [Read More]
Slowing Sales; Higher Prices
Sales may be slowing but prices are rising. The Charlotte Region spring market is hot, and sellers are prepared to wait it out as we lead up to summer months. According to the Local Market Update for March 2019, closed sales in March were down 6 percent from this time last year to 3,842 which… [Read More]