This past week our listings got an average of 3.4 showings each. Buyers are getting serious and time is running out for many. The spring busy season has arrived and its going to start with a contract surge. There are two tax credits…
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Tax Credit To Expire Next Month – Contracts Surge
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Encouraging News for Charlotte Real Estate
This week our listings saw an average of 2.6 showings each. We appear to have made it through a difficult winter, the weather is slowly improving, and things are really looking up for Charlotte. One of the greatest factors impacting a real estate recovery…
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What’s selling in Charlotte?
This week our listings saw an average of 3.5 showings each. This was a major jump in activity over last week. I’m very hopefull that this increase is an indication that spring will be busier than the last few months. Historically, spring…
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Case Schiller Home Price Index for Charlotte
This past week our listings saw an average of 1.9 showings each. We had a very short burst of warm weather this past weekend, but it didn’t seem to last long enough to encourage buyers to get out and look at houses. While…
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January Charlotte Market Stats
This past week our listings saw an average of 1.75 showings each. The recent traffic patterns are slower than I had wished for and can only hope that it is due in part to the poor weather we’ve been having in the area. …
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And The Groundhog Says…
This week our listings saw an average of two showings each which was a bit slower than the prior week’s surge but still about right. I always tell my seller’s that two showings a week is good traffic. Yesterday the groundhog came out of…
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Showing activity surges
This week our listings saw a whopping average of 3.2 showings each. This is more than double the traffic we had last week. Perhaps that is an early sign of what I’ve already predicted to be a strong first quarter. USA today…
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An Encouraging December in Charlotte
This past week our listings saw an average of 1.2 showings each. That number seems low but in comparison to the last few holiday weeks, it is a huge increase. Just in the past few days we’ve seen a nice influx of showing…
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Welcome to 2010 in Charlotte, North Carolina
This past two weeks our listings saw an average of less than one showing each. Given the time of year, this is certainly not any cause for concern. The holidays are over and we should slowly begin to see priorities shift back to…
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November Charlotte Market Stats
This week our listings saw an average of 1.5 showings each. It is expected that the next two weeks will be slowing from a showing standpoint, but things should pick up nicely again after the first of the year. Last week we published our…
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Pending Home Sales Still Up Locally & Nationally
This week our listings saw an average of 1.3 showings each. With less than two weeks until Christmas, most buyers are putting their home shopping on the back burner until after the first of the year. In an up or down market, this…
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December: To Reduce or Not to Reduce
This week our listings saw an average of 1.7 showings each. Considering that the past seven days included the weekend following Thanksgiving, the show traffic was higher than expected. Perhaps this year, Black Friday sales included real estate! 2009 has certainly been a…
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I’m Thankful That Home Sales Are Up!
This week our listings saw an average of 1.4 showings each. As we head into the Thanksgiving week and the beginning of a six week window of holidays, it is expected that traffic will slow and priorities will temporarily shift. Do not fear…
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Repeat buyers have limited window for $6500 tax credit
This past week our listings saw an average of 2 showings each. I’ve been pleased that traffic has remained steady even though we are heading into the early part of the holiday season. Recently I’ve been writing a lot about the first time buyer…
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Real Estate Market Gets A New Lease
This week our listings saw an average of 1.6 showings each. Traffic is slowing a bit as expected due to the fast approaching holiday season. The real estate year is winding down but recent developments give cause for renewed expectations for next year.…
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First Time Buyer Tax Credit May Be Extended
This week our listings saw an average of 1.3 showings each. Showing activity has dropped off in the past week, likely due to normal seasonality. However, the slowdown could also be a direct result of the first time buyer tax credit expiration on…
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Too late to get the first time buyer credit?
This week our listings saw an average of 1.5 showings each as the race is on to get closed before the first time buyer tax credit expires. The showing averages are somewhat skewed as the lower priced listings are getting a larger share of…
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September Charlotte Market Stats
In the past seven days our listings saw an average of 1.6 showings each. This traffic is certainly an improvement over last year when we were beginning to see the most dramatic effects of the market downturn. Relative to last year, just about…
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First Time Buyer Countdown
This past week we saw traffic increase slightly to about 1.7 showings per listing on average. Many of the showings were on homes that are likely candidates for first time buyers. I’m not surprised and expecting to see this surge continue for another…
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National Real Estate Indicators Consistently Up
This week our listings saw an average of 1.2 showings each. Traffic is down slightly and could continue to remain slow as we enter into the fourth quarter of 2009. Seasonally, a slowdown is typical at the end of the year. However,…
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