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Record bidding wars show no signs of slowing

March 9, 2022 by cara Leave a Comment

January 2022 was the most competitive month ever for house hunters due to new families, remote workers, and rising mortgage rates according to Bloomberg. “It’s been incredibly frustrating,” said Erin Damato, in an interview with Bloomberg. “House prices have gone up about $100,000 since we’ve been looking.” Damato and her husband have been seriously hunting… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: buying, Charlotte Real Estate Market, housing market, market conditions, Market Trends, real estate, real estate market, selling

New Survey Suggests Real Estate Craze Was Not as Intense as Indicated

December 12, 2021 by cara Leave a Comment

Anecdotal evidence that the late-2020-into-early-2021 real estate market was hot but new data from Zillow’s Consumer Housing Trends Report debunks a common misconception that all buyers experienced a grim reality when it came to home buying. The record-setting housing market that begin several months after the onset of the covid-19 pandemic brought reports of frustrated… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: buying, market conditions, Market Report, Market Trends, real estate market, selling

U.S. Housing Markets Poised for 2021 Swell

January 19, 2021 by cara Leave a Comment

The 2020 Covid-19 pandemic has upended the country’s real estate market but some regions are in better positions to bounce back than others. The shift to working from home for many Americans meant households across the country rethought where they lived. There was a surge in interest in vacation towns as wealthier Americans opted for… [Read More]

Filed Under: Real Estate Market Conditions Tagged With: 2021 market, Charlotte Real Estate Market, Market Trends

Charlotte Real Estate Trends for December 2017

January 21, 2018 by Jason Atri Leave a Comment

December 2017 Market Trends

CHARLOTTE, N.C. – The Charlotte Regional Realtor® Association reports on the residential real estate market in this region based on data from Carolina Multiple Listing Services, Inc. (CarolinaMLS). CarolinaMLS finished the year with December 2017 sales down 8.4 percent compared to December 2016, with 3,407 properties sold compared to 3,720 properties sold in December 2016…. [Read More]

Filed Under: Charlotte Area News and Information, Charlotte Real Estate News, Real Estate Market Conditions Tagged With: Charlotte Real Estate Market, Market Trends

Charlotte Real Estate Trends for September 2017

October 10, 2017 by Jason Atri Leave a Comment

Real Estate Trends - September 2017

CHARLOTTE, N.C. – The Charlotte Regional Realtor® Association provides monthly reports on residential real estate market activity in this region based on Carolina Multiple Listing Services, Inc. (CarolinaMLS) data. CarolinaMLS year-over-year home sales in September decreased 3.9 percent, with 3,960 properties sold compared to 4,121 properties sold in September 2016. Home sales were down 7.8… [Read More]

Filed Under: Charlotte Area News and Information, Charlotte Real Estate News, Real Estate Market Conditions Tagged With: Charlotte Real Estate Market, Market Trends

Charlotte Real Estate Trends for August 2017

September 14, 2017 by Jason Atri Leave a Comment

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]

Filed Under: Charlotte Area News and Information, Charlotte Real Estate News, Real Estate Market Conditions Tagged With: Charlotte Real Estate Market, Market Trends

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