This week our listings saw an average of of 1.36 showings each. A slow week for traffic to be sure. But the Charlotte area real estate statistics tell a different story. Our monthly E-Newsletter was sent out this week which included the stats…
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Charlotte Real Estate Stats for August
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What a difference a year makes!
This past week our listings saw an average of 1.875 showings each. The showing traffic patterns remain consistent from recent weeks and in comparison to this same time last year, surprisingly showings are slower this year. However, one thing is clear. This…
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Post Labor Day Pickup?
This week our listings saw an average of 2 showings a piece. Overall, traffic has picked up a bit since the kids went back to school. Typically, the real estate market experiences a bit of a slowdown toward the end of the summer…
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Let’s hope Americans procrastinate!
This week our listings saw an average of 2.1 showings each. Activity continues to be strong and I’m hopeful that the upward trend which started this summer continues well into the fall. The first time buyer tax credit which has been in place for…
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July Charlotte Market Stats Positive
This past week our listings saw an average of 1.4 showings each. Although this week marks the beginning of the school year for many, the real estate activity hasn’t slowed as one might expect. During a typical season, activity decreases toward the end…
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The Buyer/Seller Expectation Gap
This week our listings saw an average of 2.2 showings each. Traffic is steady and buyers are willing and able. So why hasn’t the market fully recovered yet? My short answer is that these things take time! As an active real estate…
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Media Reports More Good News
This week our listings saw an average of 1.7 showings each. That’s about the same amount of traffic as the same week last year. To me, the difference is that last year we were heading into the storm and this year we are…
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Charlotte Market Stats Show Clear Signs of Improvement
This week our listings saw an average of 2 showings each and the traffic patterns have shown a swift increase following the July 4th holiday week. The market is hopping right now and the market data is beginning to support that claim. Next week…
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Bernanke Predicts Swift Recovery on 60 Minutes
This past week our listings saw an average of 1.2 showings each. It was a slow weekend but that should not be a surprise since it was the 4th of July. We have already seen a pickup in traffic this week and have…
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A Look at Mortgage Interest Rates
This week our listings saw an average of 1.1 showings each. It has been a slow week but that can be expected considering the Fourth of July weekend which kicks off tomorrow. Next week should pick up as vacationers return to the daily…
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The Window of Opportunity Is Beginning to Close
This week our listings saw an average 1.7 showings each as traffic remains consistent with the past several weeks. As we head into another of summer’s holiday weeks, I expect showing activity to slow down for a short period of time. However, the…
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Charlotte Market Data Shows Improvement
This week our listings saw an average of 1.5 showings each. Looking back over last year’s blogs, showing traffic for this time of year is about consistent with last year. That’s important because back then, perception of the market was a whole lot…
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Mortgage Rates on the Rise – Act Fast!
This week our listings saw an average of 1.5 showings each. With traffic still a bit slow for the season, we hope for quality not quantity. Last week I blogged about the media’s optimism around a market recovery. Well, interest rates seem…
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Local Media Getting Optimistic?
This week our listings saw an average of 1.5 showings each. Traffic remains slow for the season but then this past weekend was a holiday. As the end of May approaches, we are about halfway through what is typically the busiest time of…
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Charlotte Pending Homes Sales Surge
This week our listings saw an average of 1.5 showings each. But this slowdown in average number of showings over previous weeks certainly hasn’t translated into fewer sales. Our monthly E-Newsletter was published last week. A quick look at the data shows…
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The First Time Buyer Credit Just Got Better!
This week our listings saw an average of two showings each. The traffic is still slow considering the season, but the quality of the showings has improved. The ratio of tire kickers to qualified, motivated buyers is improving based on the feedback we’ve…
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Are Banks Lending Again? A Realtor’s Perspective
This week our listings saw an average of 2.2 showings each. This pattern is slower than we hoped for considering the spring season. However, based on the feedback we’ve gotten, buyers seem to be a bit more prepared to pull the trigger than…
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The Power of a Price Adjustment
This past week our showings saw an average of 2.1 showings each. Although our showing numbers were slow, activity was strong. Buyers have seemingly been getting off the fence more consistently, especially in the first time buyer market segment. There seems to be…
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Has The Bleeding Stopped?
This week our listings saw an average of 2 showings each. This is only a slight improvement over last week, but an improvement nonetheless. The next few weeks will reveal whether or not the slowdown of the past three weeks was related to…
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Charlotte Home Prices Down – Affordability Through the Roof!
This week our listings saw an average of 1.1 showings each. It was one of the slowest weeks we’ve seen with regard to showing traffic in months. It could certainly be that spring break has caused buyers to put other priorities first this…
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