Data Current as of November 14, 2011 Our recent weekly report card shows buyer activity is still registering higher than the same week in 2010. Sellers, on the other hand, introduced fewer new homes to the market than last year at this time. As inventory shrinks we continue to see sellers receive a higher percent of the [...]

Data Current as of November 14, 2011 In the Charlotte region, for the week ending November 5: New Listings decreased 24.2% to 716 Pending Sales increased 16.4% to 425 Inventory decreased 21.3% to 19,640 For the month of October: Median Sales Price decreased 1.3% to $152,000 List to Close increased 7.6% to 155 Percent of [...]

Data current as of November 7, 2011 In the Charlotte region, for the week ending October 29: • New Listings decreased 16.7% to 719 • Pending Sales decreased 4.9% to 370 • Inventory decreased 22.0% to 19,867 For the month of September: • Median Sales Price decreased 2.7% to $149,900 • List to Close increased [...]

Data current as of October 31, 2011 This week’s market scorecard shows increased activity levels for buyers  and a modest decline in seller activity. Consumer purchase demand posted a welcomed increase over the same week in 2010. Sellers brought fewer new listings onto the market than last year. Home purchase activity is still one of the most [...]

A recent report from a mortgage monitor shows the number of days foreclosures are delinquent is rising. LPS (Lender Processing Services) is reporting an increase of about 14 days since the August measurement. “Almost 40% of loans in foreclosure have not made a payment in more than two years and foreclosure starts outnumber sales by [...]