Apr 1

First Quarter 2016

First quarter 2016 has brought continued improvement to both Charlotte’s economy and with it it’s housing market. From Forbes.com, Charlotte is the nations 13 fastest growing CMA: Its 2015 population grew at 1.84% and is expected to grow at a 1.28% clip this year Jobs grew at 3.48%, as unemployment shrank to 5.26% Median pay […]

Jan 8

2016 Market Predictions

Here we are at the start of a new year wondering what is ahead, but before we jump a quick review: 2015 was by and large a good year in real estate nationally and definitely in Charlotte. Increased employment, higher wages and low fuel prices prompted improved housing. For 2015 in the Charlotte Market new […]

Jan 16

Welcome 2015

A stronger economy with solid job growth is expected to boost home sales in 2015. Though Charlotte has lagged the US economy both can be expected to improve in 2015! From Lawrence Yun Chief Economist with the National association of Realtors: 2015 existing home sales are forecasted to rise 7% to 5.3 million homes Median […]

Dec 8

Predictions for 2015

Its that time in the business world when we do “inventory” and begin to look at the year to come. What can be expected for 2015? Here is my take: 1. The countries economy will grow at a pace (3%) that suggests we are finally shedding the “Great Recession”, thanks to lower energy costs and […]

May 15

Affording Charlotte

In a report released in early May, Deutsche Bank and The Wall Street Journal examined 54 markets using data from Reis, a market research firm, and the National Association of Realtors, and found that it is cheaper to own a home than to rent in Charlotte or the Triad. The report indicates that rents in […]