The natural ending point that is each December gives way every year to the optimism of January. This is particularly pronounced when the economy is strong and economists across the land are predicting increases in both prices and home sales. Granted, there has been some measured language surrounding the positive thinking. Although we are looking... [Read More]

In 2015, national residential real estate, by and large, had a good year. Supply and demand were healthy in an environment rife with low interest rates and improved employment. The Federal Reserve finally increased short-term rates in December, and more increases are expected in 2016. Housing markets have shown a willingness to accept this. Save... [Read More]

Residential real estate is experiencing its best year since the recession. Housing demand is healthy, and that is expected to continue until the end of the year. Home sales are actually set to have their best national showing since 2006. More of the same is anticipated in 2016, but inventory and affordability challenges coupled with... [Read More]

October was another busy month, but showed signs of the coming slow down that is typical of the end of the year. New Listings in the Charlotte region decreased 3.1 percent to 3,998. Pending Sales were up 21.2 percent to 3,562. Inventory levels fell 21.6 percent to 12,375 units. Prices continued to rise with a Median... [Read More]

It's nearing mid-October, which means we've now had time to gather up all of our market data for September. See how you're area is holding up by viewing our Market Update Videos for the month of September below.