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Around this time each year, I get excited to look closely at the real estate market statistics and evaluate where the market appears to be headed.  Yes, I know I am a data geek and have been told that for years. By July, the market…

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I feel lucky to live in Charlotte.  We are a vibrant and growing city and people around the country are taking notice.  According to a recent article in the Charlotte Business Journal, on average, approximately 43 people move here every day!  We have an excellent…

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Last month I reported that the average and median sales prices for March had hit an all time high for Mecklenburg County.  It is likely we are going to see that record broken month after month for the next few months.  Based on the seasonality…

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The seasonality of the Charlotte real estate market seems to be holding true yet again this year.  Historically, home prices follow the same pattern year after year whereby the low point generally happens in January or February and the high in June or July.  In…

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Later today the Federal Reserve is expected to raise interest rates which will be the first increase for 2018, but the sixth time since December 2015.  I’ve had many conversations recently about how the federal funds rate impacts mortgage interest rates.  While I’m no expert…

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Last month there was an unusual jump in the average sales price of homes in the Charlotte area.  It was unusual because as we head into the deep winter months, we generally see a slowing of home sales and a seasonal drop in prices.  I…

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Low inventory continues to define the Charlotte real estate market.  The latest numbers for Mecklenburg County indicate a 2.7 month supply which is well below what is considered a balanced market of  6 months.  Sellers still have the upper hand. Due to seasonality, this time…

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Wow…Charlotte real estate has experienced quite a year of growth in 2017 and will finish strong.  Followers of this blog know that seasonality means we should typically see a slowdown in sales and reduced prices this time of year.  The trend of fewer sales continues…

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Thanksgiving 2017 is almost here and I’m thankful for my home.  As I sit here writing this blog, I’m bundled up in my warm clothes and our fireplace is burning.  Yesterday, Sunday and my day off from work, I had a blanket wrapped around me…

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The Charlotte real estate market is showing signs of stability as we head into the fall.  Usually this time of year we start to see sales fall and prices dip and this year is not exception.  The market stats are showing a slow season shift…

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There’s no denying that the Charlotte real estate market is red hot and 2017 has been a peak year for home prices.  June was the record setting month with an all time high average sales price for Mecklenburg County.  It also set the new record…

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Expert long term investment advisers commonly tell us that trying to time the market is a losing strategy.  They say it’s risky and those that try end up losing.  As a conservative investor myself, I agree with them in both the stock and real estate…

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Please join us this Sunday, July 23rd between 3 and 5pm for our annual School Supplies Drive and Ice Cream Social! We are once again partnering with A Child’s Place to collect donations for students in need in the Charlotte area. After doing some good,…

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Home prices have once again climbed to new record highs.  In June of this year the average home price hit a record of $344,487 for single family homes in Mecklenburg County.  Median price also set a new record at $275,000.  Seasonally, home prices typically peak…

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Summer is here, and the Real Estate market matches the temperature outside! It looks like the Seller’s market is showing no signs of cooling off! Have we sparked your interest? Check out the video blog below for Scott’s market update. For a quick summary of…

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Born in Miami, Florida, Mandy moved to Asheville, NC for High-school then continued up the mountains to attend Appalachian State University. She made the transition to Charlotte in 1998, and hasn’t looked back! Her father was a land developer and general contractor, so Mandy watched…

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As the end of the school year approaches, so does the peak of the busy spring real estate selling season.  Aside from prices that are about 10% higher than last year, the 2017 sales stats are looking very similar to 2016 which means another strong…

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Goodbye school days and hello summer vacations.  It’s time to pack up and head to the beach!  This summer if you head to the Wilmington, North Carolina area beaches, you might find some familiar faces there.  And if you ever find yourself dreaming about your…

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As you drive into Sardis Forest, it’s obvious that this neighborhood has been around for a while – and in the best way. It’s a well-established neighborhood with gorgeous trees in a quiet, peaceful setting. It’s the perfect area to be in if you’re looking…

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For this month’s update, we are focusing on one of our talented Buyer Specialists, Lisa Thyer. This spring, Lisa has been in the middle of the action, writing contracts left and right and she holds a unique perspective on the current Charlotte market. She has…

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