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 […]

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 […]

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 […]

Spring 2014 is here and the consensus is continued improvement in volume and pricing. Local real estate sales re-energized in 2013, with both homes and condos showing strong upticks in sales. You have probably seen the national market stories of renewed strength in housing. Here are some local market facts: Single-family home prices increased 8.8% […]

Quoting directly from the Charlotte Regional Realtor Association Weekly Market Activity Report for week ending October 12, 2013: “As tricks and treats are planned, housing starts its preparation for a holiday season hibernation. Though activity hasn’t come to a complete halt- there are still year – over- year gains being posted for listings, sales and […]