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  • Charlotte Real Estate Prices Double in Just Over Five Years

    The average price for a single family home in Mecklenburg County just hit another all time high of $676,888 in May this year, according to the Canopy MLS. It was only January of 2019 when that same stat was $325,816 which means that in just…

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  • Spring Charlotte Market Update

    Photo by Yoksel Zok on Unsplash

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  • Why 10x is Easier Than 2x

    This quarter, in our W Book Club, our team is reading,10x is easier than 2x: How World-Class Entrepreneurs Achieve More By Doing Less, written by Daniel Sullivan and Dr. Benjamin Hardy. We are used to hearing that if we want to double our results, we need…

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  • Thoughts on NAR Settlement In the News

    I’ve received many questions about the NAR Settlement that’s been in the news these past few days and I’d like to share some of my thoughts. For context, I think it’s important that you know I was a homeowner and a real estate investor before…

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  • Leap And The Net Will Appear

    If you’re like my team and me, your days and evenings are a balancing act between work and personal activities for you and your family members.  While each activity is worthwhile, it can be tough to juggle all of them.  If we’re not careful, we end up running…

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  • Welcome to the 2024 Real Estate Market

    It’s a new year and the outlook for real estate in 2024 is up for grabs! The experts I follow are all suggesting that interest rates, which have considerably slowed sales over the past 18 months, will fall this year and drop below 6% by…

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  • You Are Glad You Own Real Estate

    Lots of mixed messages about real estate and the real estate market this year. Let’s be sure not to confuse the two. There’s been a lot of turmoil in the market this year with low inventory, rising prices, and high interest rates. These factors have…

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  • Unexpected Friends

    Thanksgiving is a time to express gratitude toward family, colleagues, and friends. It is a time to let those around me know how much I appreciate them.  At first glance, this may seem to apply just to those in my immediate sphere, but digging a…

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  • Price Distribution Shift – Are Prices Up or Down?

    An interesting thing has appeared in the market stats for single family home sales in Mecklenburg County. In September, the median sales price fell (-2%) from the same month a year ago for the first time since January of 2019. However, the average sales price…

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  • Our Core Value Compass

    As many of you know, our office building experienced a fire within the last couple of weeks.  In case you are hearing this for the first time, no one was inside at the time, and no one was hurt.  There was extensive damage to the property, and we will be sorting…

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  • Beware of Misleading Real Estate Price Headlines

    In the Charlotte, North Carolina market, the average sales price for a single family home has fallen slightly from last month. However, that same metric is up over 7% from last year. Now that’s more like it. When we look at home prices and trends,…

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  • Celebrating 20 Years of Helping People Make Smart Decisions in Real Estate

    This month, we celebrate W Realty Group’s 20th anniversary!  Scott, the team and I have been reflecting quite a bit recently on our journey with real estate over these years.  We recognize that only some of you may remember that Scott and I purchased our…

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  • New Record Price Highs Reached in Charlotte

    Single family home sales in Mecklenburg County have been slowing for almost two years now. The number of sales this past May was 15% lower than the same month in 2022. Don’t that let confuse you about the state of home prices and real estate…

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  • The Perspective of Time

    After twenty years of working in the real estate business, I still haven’t seen it all. The current market is like no other that has come before, at least in my time. Home prices are at an all time high, but the number of monthly…

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  • Inflation Rate Falling & Pace of Home Sales Improves

    According to the US Bureau of Labor Statistics, the Consumer Price Index (commonly known as the inflation rate) has fallen to 5.0% as of March 2023. It rose to a peak of 9.1% in June of 2022, having a deep impact on the pace of…

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  • The Good Ole Spring Market Is Here

    The last month has been full of market uncertainty and lots of questions about what’s going on, what to expect with rising interest rates and inflation. There’s also been some recent turbulence in banking fueled by the media and lack of information. Here’s what’s going…

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  • January Home Sales at Eleven-year Low

    It’s notable this month that the number of closings in January is down 42% from the same month last year and has reached a low point not seen since January 2012. Back then we were coming off the worst recession in recent history. What’s different…

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  • Sales Slow, Prices Continue to Rise

    A significant change in mortgage rates over the past twelve months has driven a shift in the real estate market. The effect is a slowdown in the number of sales, yet prices continue to rise over the previous year. The decrease in units sold is…

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  • 2022 Charlotte Market Year In Review

    “This too shall pass,” they say. “Real estate prices can’t keep climbing like this forever,” they say. Markets go through cycles and it seems that 2022 has been a pivotal year. So what’s happened over the past year? Home prices – Exactly one year ago,…

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  • Are Real Estate Prices Falling in Charlotte?

    The short answer is: not yet. There is no doubt that the rapid increase in interest rates over the past year has taken effect to curb spending and the resulting inflation, real estate sales included. The number of home sales has declined sharply in recent…

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