Persistent low inventory did not stop the Charlotte region’s sales from ending on an upswing for December and overall 2016. December sales were up 4.5 percent from year-ago figures, while 2016 had an increase of 8.4 percent for closed sales overall, according to the most recent report from the Charlotte Regional Realtor Association. The Charlotte region saw its fifth consecutive…
The Charlotte housing market saw much of the same trend in October as previous months – steady gains amid a continued low housing inventory. Across the CarolinaMLS region, home sales jumped 3.4% from year-ago figures to 3,418 properties sold. However, overall sales were down 11% compared with September 2016 figures, according to the most recent report from the Charlotte Regional…
A loss for real estate developer Pulte Homes is a win for the Sedgefield neighbors who want to see the green space remain in their community. Mecklenburg County commissioners voted in favor of asking Charlotte-Mecklenburg Schools to not sell the 3.7-acre plot of land for a townhome development, according to an Observer report. In addition, the commissioners OK’d purchasing the…
Homes sales during the month of January continued to trend downward, according to a Charlotte Regional Realtor Association press report. Sales dropped 10.6% from year-ago figures to 2,039 from 2,280 in January 2015. Overall, sales are down 32.2% compared with December 2015. Though sales are down, the average sales price of a home in the Carolina Multiple Listing Services Inc.…
Check out the NC Home Advantage Mortgage down payment program available to residents of Cabarrus, Cumberland, Guilford, Johnston and Mecklenburg Counties, and see if you’re eligible! Buyers must have an income under $67,000 and a credit score of 640 to be considered. Here’s how it works: if you are buying a home in one of the above counties, you may…