This week our listings saw an average of 2 showings each. Overall, it was slower than expected given the averages for previous weeks and the beautiful weekend weather. However, last weekend did mark the beginning of Spring Break for many of the local…
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Showing Traffic Keeping Up With Last Year
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Showing Traffic Keeping Up With Last Year
This week our listings saw an average of 2 showings each. Overall, it was slower than expected given the averages for previous weeks and the beautiful weekend weather. However, last weekend did mark the beginning of Spring Break for many of the local…
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1st Quarter Ends With Mixed Signals
This week our listings saw an average of 2.3 showings each which is a huge decrease of the pattern we’ve been seeing throughout late February and March. I can only attribute that to the days of rain that we’ve had. Remember the old…
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Existing Home Sales Rise Nationally.
This past week our listings saw an average of 3.6 showings each. Not only has the showing traffic increased since the winter months, but we have seen that buyers are finally starting to get off the fence. My office has seen a consistent…
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Charlotte Real Estate Stats Holding Steady
This past week our listings saw an average of 2.6 showings each, a drop from the prior few weeks. In a volatile market, the weather of all things seems to be having the biggest impact on showing traffic. At the end of February,…
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Is the market recovering or am I riding a wave?
This past week our listings saw an average of 3.5 showings each. Showing traffic has been steady but more importantly, I am happy to report that some buyers have been showing their willingness to get off the fence and write offers. I must admit…
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Snow Day!
This week our listings saw an average of 2.4 showings each. It was a slow week and hopes were high that traffic would pick up over the weekend. Unfortunately, this weekend consisted of two rainy days followed by a rare snow storm. …
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2009 FHA Loans for Charlotte Area
This week our listings saw an average of 3.18 showings each. It was an interesting week to say the least. The work week saw almost no traffic at all but then ramped up to an extremely busy weekend. For the first weekend…
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January 2009 Market Data – Spring Sales to Pick Up
This past week our listings saw an average of 3.73 showings each. Looking back over last year, the showing traffic seems to be right on pace with the same period in 2008. In 2008, my February 9th blog reported 2.43 showings each and…
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$15,000 Homebuyer credit? As we wait…..
This week our listings saw an average of 4.0 showings each. Strong traffic continues in a weak economy. Could it be that buyers are beginning to anticipate the incentives that both the market and the government are getting ready to offer? Today the…
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Housing Stimulus Letter – A Suggestion
Last night I was on the couching “vegging” in front of C-SPAN watching economic witnesses testify over the likelihood that the proposed economic stimulus bill will actually have a positive effect on the current economy. Sounds like fun evening huh? Nevertheless, I woke…
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Pending Home Sales Up 10% Since Last Month
This week our listings saw an average of 4.25 showings each and the traffic continues to increase. Isn’t spring great?! More importantly, pending home sales for Mecklenburg County are up 10% since we last reported them in mid January. Pending home sales…
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December Existing Home Sales up 6.5% Nationally
This week our listings saw an average of 4.4 showings each. That’s a huge jump from the average of about 3 each over the past weeks. Admittedly, the average is a bit deceiving as we have several listings that are aggressively priced and…
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December 2008 Charlotte Market Data
This week our listings saw an average of 3.3 showings each, which is a pattern that has continued through the first three weeks of January. This is a good sign as the road to increased home sales must begin with increased showing activity. On…
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Thank God there are still buyers out there!
This past week our listings saw an average of 3.3 showings each. It seems that the traffic pattern from last week has continued. If it does, we’ll hope to see an increase in pending home sales, then ultimately an increase in number of…
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Is there Pent-Up Demand?
This past week our listings saw an average of 3.1 showings each. The holidays were slow for showing traffic, but this past weekend (the first of 2009) saw an almost threefold increase in showings. I’m not surprised since there weren’t many lookers during…
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2008 Charlotte-Mecklenburg Real Estate Stats in Review
This week our listings saw an average of 2.3 showings each. Not too shabby considering it is the week before Christmas. This traffic is a slight increase over what we have seen. Though it remains to be seen if this increase will…
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Financial markets take toll on Charlotte real estate sales
In the past seven days our listings saw an average of 1.56 showings each. I don’t think anyone expects much of an increase in showing traffic this time of year. So I guess the best we can do is just surrender to the…
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Oh, to be a first time buyer!
This past week our listings saw an average of 1.78 showings each. Activity is still a bit slow, but that is typical for this time of year given the upcoming holidays. Considering the market and economic conditions right now, I’m actually quite pleased…
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Happy Thanksgiving!
This week our listings showed an average of 1.5 times each. Believe it or not, the final week of November is here marking the beginning of the holiday season. It will be very interesting to see how our economy fares during what is…
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