The number of homes available in the Charlotte real estate market was 13,258 as of 2/28/2013. There’s both good and bad news in the fact that this represents a 28.9% decrease from last year at this time. So while Charlotte home prices continue to firm, buyers have less to choose from. So while there are…
Before I pass on the great news, I thought I’d review my archived Charlotte Real Estate Market Reports for a bird’s eye perspective. I realized that it was in August, 2011 that I first reported on what I then called our “sputtering recovery” from the 2008 drop. Since that time, improvement in the Charlotte real…
It’s enough to make you light-headed. But the confirmation of the rebound in the Charlotte real estate market is nearly universal. The Charlotte Observer’s latest report signals a robust recovery from the doldrums that hit the entire country in 2008. Mark Vitner, a senior economist with Wells Fargo, has raised his projection for national and…
We’ve been reporting on the improving Charlotte real estate market with both relief and slowly growing optimism. In our last post, for example, we noted that the average home price improved 2.2% over last year. And in our latest Charlotte real estate market report, we announced that the inventory of homes had decreased almost 27%…
We’ve been celebrating the slow recovery of the housing market in our monthly Charlotte Real Estate Market reports. The last five months have seen steady and continuous improvement, which indicates genuine and sustained health in Charlotte real estate. We’ve noted the arrival of new businesses, the continued favorable political and regulatory climate, and the ongoing…
The continuing strength of the Charlotte real estate market just continues to surprise. While there’s the expected autumn dip in some figures, the present overall performance numbers compared to last year are like night and day. (Hint: last year was the dark part!) For example, the number of homes on the market in the Charlotte-Gastonia-Rock…
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