Charlotte NC Real Estate Market Reports | Charlotte NC Homes for Sale By The Maxwell House Group, Realtor

Current Market Report – How’s the Real Estate Market in PROVIDENCE SPRINGS?

Current Market Report - How's the Real Estate Market in PROVIDENCE SPRINGS? Providence Springs, a community of 128 homes, typically does not have a large selection of homes on the market; Providence Springs has very low turnover year-after-year. Some years, there are more relocation sellers than others and we are seeing a bit of a slow down in the relocation business this year. The economy continues to improve, as our Providence Springs market improvements continue also. So, if you are lucky enough to find a home for sale in this community, as a former resident, I can assure you that … Continue reading...

Spring Has Sprung! Charlotte (Proper) Homes for Sale are UP 28.6% Year-Over-Year

Charlotte Inventory is INCREASING in 2023

Spring Has Sprung! Charlotte (Proper) Homes for Sale are UP 28.6% Year-Over-Year We've all been waiting for inventory to surge (dramatically, if at all possible!) over the past few years and for the first year in a while, we are finally seeing an increase in inventory. Spring has finally sprung in Charlotte! Charlotte Homes for Sale are UP 28.6% since last year - a healthy increase. We are seeing buyers back on their searches, ready to pounce when the perfect home hits the market for them. Charlotte MSA homes for sale are up 26.3% and our entire MLS (from Chimney Rock to Clemmons & … Continue reading...

CHARLOTTE NC REAL ESTATE MARKET UPDATE – AUGUST 21, 2022

CHARLOTTE NC REAL ESTATE MARKET UPDATE - AUGUST 21, 2022 The Charlotte housing market, like the broader US housing market, continued to cool last month, as rising mortgage rates and prices continue to challenge affordability. Many first-time home-buyers have been priced-out of the market in our 16-county region. Sales declined 21.5% year-over-year, as 4,252 homes sold last month, compared to the over 5,400 homes that sold in July, 2021. This marks the 3rd month of declines, at a time of year when home-buying activity is typically wrapping up its strongest season. Sales were down … Continue reading...

Creekshire Estates Market Report September, 2021

Living in Creekshire Estates in Steele Creek

Creekshire Estates Market Report September, 2021 Creekshire Estates, a highly desirable neighborhood, in Charlotte's popular Steele Creek community. The majority of the community was built by M/I Homes, an Energy Star Partner. The HOA dues are quite reasonable and the neighbors, quite friendly. The convenient location makes Creekshire the kind of community that many Charlotte home buyers want to call home. The builder offered a 30-year transferable warranty as well, currently with approximately 20 years remaining on the warranties. Residents enjoy a … Continue reading...

Barclay Downs Market Report JUNE, 2021

Barclay Downs Homes for Sale Charlotte NC

How's the Market in Barclay Downs? Popular SouthPark Neighborhood Market Update JUN 2021 Barclay Downs - A SouthPark Community - Market Report JUN 2021 BARCLAY DOWNS SOUTHPARK CHARLOTTE: Even if you don't live in the Barclay Downs community, you typically know the location if you've traveled Charlotte streets, even for just a few months! This community borders SouthPark Mall on one end and Alexander Graham Middle School on the other end. Between those two Charlotte hot spots, you'll find the highly sought-after community of Barclay Downs. The … Continue reading...

SouthPark Market Report JUNE 2022

SouthPark Real Estate Market Report JUNE 2021 SouthPark, that prestigious address that offers, not only wonderful proximity to everything Charlotte but, a lifestyle that is highly desirable. We are 12 minutes from Uptown and 12 minutes from Ballantyne (north and south) and the same distance from Cotswold on the east side and Dilworth on the west side. It really doesn’t get more ‘central’ than that, does it?! The central location in the city may just be the reason that SouthPark is one of the southeast’s largest live/work communities as well. A variety of housing styles fill the SouthPark … Continue reading...

How’s the Charlotte Metro Housing Market Faring in May 2021?

How’s the Charlotte Metro Housing Market Faring in May 2021? As a colleague said earlier this week, “It’s the wild, Wild West out there!” No truer words have been spoken. In some neighborhoods and price ranges, we are waiting in line to tour homes - and that’s WITH an appointment. Strategizing our Offers so that they will not only compete, but win, is another challenge. Most have realized that patience is a virtue. I have colleagues who tell me of buyers for whom they have submitted more than 10 Offers - that’s 10 properties they have tried to purchase and were unable to come out … Continue reading...

The Housing Bubble Discussion Again?

The Housing Bubble Discussion Again? I can’t tell you how often I am asked when I ‘think this bubble is going to burst.’ The ‘mockingbird media’ tends to believe that we are in the midst of a major bubble and that we are soon to be in a world of hurt! This is not about a ‘bubble,’ this is about simple economics, supply & demand. When asked if today’s high buyer competition and rising home prices are evidence of a housing bubble, Lawrence Yun, Chief Economist at NAR, said “thisis not a bubble. It is simply lack of supply.” Today’s housing market is healthy and rising prices are … Continue reading...

Charlotte’s Hot Housing Market Likely Won’t Cool in Winter

Charlotte’s Hot Housing Market Likely Won’t Cool in Winter While winter is typically a slow season in the Charlotte housing market, economists predict winter 2020 is likely to be atypical. Lawrence Yun, chief economist of the National Association of REALTORS®, says “It will be one of the best winter sales years ever.” Low inventory levels combined with high demand due to historically low mortgage rates, is sending buyers to the market in a large numbers. Many home buyers are looking to upsize their homes as they work from home as well as having their children attending school from … Continue reading...

SOLD in Steele Creek’s CREEKSHIRE ESTATES

SOLD in Steele Creek's CREEKSHIRE ESTATES SORRY, TOO LATE in Creekshire Estates! Fabulous RANCH WITH FINISHED BASEMENT in popular Creekshire Estates neighborhood has sold...in record time AND at top dollar. Isn't that what every seller wants? Hardwoods & the finest of appointments in this beautifully designed, spacious & light-filled, open floorplan with tons of extras. Two fireplaces, granite & stainless in gourmet kitchen, lots of cabinet and prep space; eat-in breakfast nook, 2 beds down with game room, family room, workshop & wet bar. Master bedroom, as … Continue reading...