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...

Why talk of a housing bubble is blowing up

Why talk of a housing bubble is blowing up Talk of a housing bubble is beginning to crop up as home prices continue to appreciate at a rapid pace this year. Well, not so fast! Although the appreciation of residential real estate is well above historic annual averages, there are other factors to consider.   First, let’s look at the numbers: According to the Federal Housing Finance Agency (FHFA), annual appreciation since 1991 has averaged 3.8%.  2020 appreciation percentages range somewhere in the 7% range, nearly double the average annual … Continue reading...