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]
U.S. Housing Markets Poised for 2021 Swell
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]
Charlotte Real Estate Trends for December 2017
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]
Charlotte Real Estate Trends for 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]
Charlotte Real Estate Trends for August 2017
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]
Charlotte Real Estate Trends : July 2017
With summer moving past its midpoint, we should continue to a see a strong Charlotte real estate market through July. The indicators show as much, but with another drop in inventory for homes, the home buying competition is still high. Charlotte continues to be a seller’s market. Here is an overview of the Charlotte real… [Read More]