2020 is almost over and we are heading into the home stretch. Next week is Thanksgiving and the beginning of the holiday season, which generally zooms by in a blur. Then BAM! It’s 2021. There is no doubt that 2020 is a year that we…
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Thankful for Real Estate in 2020
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Charlotte Real Estate Booms into Fall
It is typically this time of year that we begin to see a seasonal slow down of the real estate market in Charlotte. Well of course, in 2020 everything is different! Regarding real estate, things might be different but they are not surprising. The market…
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Late Summer Charlotte Prices Still Climbing
The seasonality of the Charlotte real estate market typically turns the corner in mid summer, and we usually see prices start to begin a slow descent into the fall and winter months. Not so this year! The average sales price for single family homes in…
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Charlotte Real Estate Prices Hit All Time High
The pandemic has not slowed the Charlotte, North Carolina real estate market. It may have actually had the opposite effect. Working from home, people are recognizing the importance of the place where they live. The home improvement and renovations industry has been a huge benefactor.…
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Charlotte Pending Sales Reach Four Year High
The last several months have been filled with uncertainty, ups, and downs. From a real estate perspective, Covid-19 brought a very short term shut down of the home buying and selling process because of the stay at home order and fear of getting sick. However,…
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These Charlotte Real Estate Stats are Confusing!
Yes, they are! Is the market up? Is the market down? What’s going on? If you are looking at market reports and asking yourself these questions, don’t worry because you are not alone. The effects of Covid-19 on the real estate market have certainly changed…
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Charlotte Pending Sales Back Up & Prices Holding Steady
Over the past two months of the coronavirus pandemic, my team and I have been practicing proper physical distancing, but we most certainly haven’t been socially (or professionally) distant. In my conversations with clients and friends alike, everyone wants to know “how’s the real estate…
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Charlotte Pending Sales Show First Signs of Slow Down for Real Estate
I always find that the numbers speak the truth. We are in the middle of a global pandemic and things are changing rapidly. When fear sets in and emotions start taking over, I always find that numbers have a way of bringing me back to…
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A Strong Charlotte Real Estate Market in Uncertain Times
We all have a foundational need for certainty in our lives in order to feel safe in the world. Current events are causing many of us to feel that certainty on shaky ground right now. But for the time being, at least the local real…
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The Groundhog said the spring (selling season) will come early this year
On February 2nd the groundhog predicted an early spring. Y’all didn’t realize that he isn’t just predicting the weather, he is also predicting the real estate market! Yes, spring has come early this year, and the spring selling season has already begun. The market is…
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2020 Market off to a HOT start in Charlotte
Just when when we think real estate sales are going to start cooling off, the market picks up again. It’s a new decade, and the market in Charlotte is off to a HOT start. Year over year, just about every indicator I’ve been tracking shows…
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Prices are up, but payments are down!
The real estate market in Charlotte is usually cooling off this time of year, but the numbers are telling a different story. There’s been talk of recession, but no signs of one materializing in 2020. All in all, the outlook is great for Charlotte real…
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Appreciation for a decade of real estate prosperity in Charlotte
Next week is Thanksgiving which means we are nearing the end of another year. And this year we are nearing the end of another decade, which is really hard to believe. A lot changes in ten years! The real estate market in Charlotte has changed…
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Who’s got the edge in Charlotte? Buyers or Sellers?
Generally speaking in any real estate market there is usually one party that has the upper hand in negotiations. Sometimes it’s the buyer and sometimes it’s the seller. This can be identified by the inventory in the said market. When supply is over six months,…
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Interest rates!
The peak selling season is over for 2019. The summer closings are done. We’ve reached new highs for average and median sales price, and now things are starting to cool off. Real estate sales in Charlotte are holding steady in terms of units, but prices…
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Charlotte Prices Peak – Buyer Opportunity Knocks
The real estate market is seasonal. If you follow this blog you already know that all too well. The market stats for July are out, and it’s clear from the numbers that the market is ready to begin its retreat into fall. Last month I…
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Charlotte Real Estate Prices Reach New Highs
Long time readers of this blog know that the real estate market is seasonal, and prices fluctuate throughout any given calendar year. The highest price generally occurs in the summertime. 2019 has proven to be no exception, and real estate prices in Charlotte have crossed…
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Supply shows slow but steady rise in Charlotte
Low inventory has been the defining factor of the real estate market in Charlotte for several years now. In fact, the data shows that the housing supply here has been falling steadily since mid 2010. For clarification, the housing month’s supply (or inventory) is defined…
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Limiting Your Days On Market When Selling
By Jackie Mistretta Do you ever wonder why some homes sit on the market for months while others are under contract before the sign is even in the yard? While having the best Real Estate Team (that’s us!) and pricing the home correctly help, making…
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2019 Spring Sales in Charlotte Mirror 2018
Early numbers for March are in, and 2019 sales are looking like a repeat of 2018. Home sales and pending sales are both tracking at the same pace from last year. Prices are showing small but healthy gains. Time on market is climbing ever so…
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