That's right the January Charlotte MLS residential real estate statistics are in and they are stunning. In a good way for a change! Charlotte Area Home sales up 40% Home for Sale inventory down 30% to five months - historic lows for some neighborhoods (Montibello and Ardrey) Buyer discount to list price down (92.6% of list price paid) Days to sell 155 down from 165. [...]
The music is going to stop.... A picture says a thousand words....home for sale inventory is nearing historic lows in many of Charlotte's most desirable neighborhoods and overall in Charlotte MLS home for sale inventory is down 56% from two years ago! (see charts below) The Montibello neighborhood MLS statistics are striking: there is only a 1.9 month (57 day) supply of homes..that's right if [...]
* But didn't know who to ask OK silly pun aside....the City of Charlotte has a really cool Quality of Life Dashboard (interactive website) that profiles 80 Charlotte quality of life statistics for 464 Neighborhood areas...here is some info from the website. Summary Welcome to the 2012 Charlotte-Mecklenburg Quality of Life Study, a collection of social, crime, physical, economic and environmental conditions that provide a [...]
OK (asterisk) it's not Charlotte's Southpark neighborhood...but we thought it was pretty cool that (a) South Park (Los Angeles) was forecast to be one of the hottest neighborhoods in 2013. So why are we writing about LA real estate? Because Charlotte is a relocation mecca and we have always felt that when the housing market improved we'd see a influx of home buyers relocating TO [...]
You know what's hot? ...Charlotte real estate. Know what's even hotter? Million Dollar Properties! (but let's settle down hair pulling is never appropriate) From the National Association of Realtors...The Real Force Behind the Rise in Home Prices The housing market started to mend in 2012 making it the most successful sector of the economy this year, according to a recent TIME magazine article. Home sales [...]
It's true and it's for real the Charlotte residential real estate market is (has been) turning around! The monthly supply of homes for sale in Charlotte MLS Area 5 is at a four year low. Right now the desirable MLS area 5 home inventory is 7.5 months - that's down 36% from a year ago 11.7 months and has not been this low since July [...]
I think the Charlotte housing market has been making us all pretty dizzy. One month Charlotte home prices are up the next they're down... Blood Sweat and Tears had it half right what goes up does come down but it also comes back up. While the overall Charlotte home market on average is looking much better the following MLS statistics show that the statistics for [...]
http___500px.com_photo_1153119 by derek Slagle The statistics* say it's a great time to buy (and hold) in Providence Country Club! But then you know what they say about statistics... The statistics on sanity are that one out of every four Americans is suffering from some form of mental illness. Think of your three best friends. If they're okay, then it's you. Rita Mae Brown [...]
