Charlotte home sales up as inventory continues to fall

In the Charlotte region, for the week ending February 4: • New Listings decreased 13.1% to 990 • Pending Sales increased 19.9% to 446 • Inventory decreased 23.0% to 17,449 For the month of January: • Median Sales Price increased 2.4% to $146,550 • List to Close decreased 0.0% to 155 • Percent of Original [...]

Underwater N.C. homeowners could get principal reductions

“North Carolina communities will benefit from millions of dollars to help struggling homeowners facing foreclosure, as well as more housing counselors, financial fraud investigators and prosecutors, and stronger mortgage standards,”   Attorney General Roy Cooper said Thursday. In what has been described as a  historic state-federal settlement to help lower mortgage payments for struggling homeowners through [...]

How’s the Housing Market – Charlotte region, week ending November 12, 2011

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 [...]

How’s the Housing Market – Charlotte region, week ending November 5, 2011

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 [...]

How’s the Housing Market – Charlotte region, week ending October 29

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 [...]