June 2016

Found 3 blog entries for June 2016.

Whether you’re thinking of listing or looking at homes for sale in Charlotte, you’re probably aware by now that our market’s in the middle of what some are calling an inventory “crisis.”

Charlotte’s inventory of houses for sale is really low – historically low – and it’s creating some kind of seller’s market in Mecklenburg County and beyond. But is the “low inventory” just something REALTORS are using to get buyers to pay more, or is it a bonafide statistical trend? (Hint: it’s the latter.)

The data doesn’t lie: There are fewer homes for sale in Charlotte, statistically, than at any point in modern history. What does that mean for you and what facts and figures are crucial to know before you hit the market?

First and foremost, know that

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Being a knowledgeable buyer or seller doesn't just mean understanding the lingo and processes. The most important thing to understand is the climate of the market in your local area. Many resources provide general statistics about housing across the U.S. or even housing in North Carolina, but we wanted to bring you a snapshot of the market areas where you live and work every day. If you're considering buying or selling in Charlotte, here are some of the numbers you need to know about this area as you prepare. If you would like to see the statistics for your specific neighborhood, no problem! Contact me today and I would be happy to provide you with more information about the market in your specific area of town.      For an overall look at…
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It’s no secret that Charlotte’s housing market is off-the-charts hot.

We’re in the middle of a full-fledged boom and inventory in the Queen City is literally lower now than it’s ever been. Over the course of the last decade, a lot has changed in Charlotte. Since 2010 alone, Charlotte’s population has grown by over 10% making it one of the fastest-growing cities in the country. More people now live in the metro Charlotte area than all of Wyoming! You can see the growth everywhere, from the cranes in Uptown to the rapidly-expanding out-communities like Huntersville, Waxhaw, and Ballantyne. In some of Charlotte’s neighborhoods, though, the change is most easily established when you look at how home prices have gone up.

A map of rising CLT home prices courtesy The Washington Post

Although almost all of

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