Housing Market Shrugging Off Rise in Mortgage Rates

Charlotte NC Real Estate Market Report | In Line with National Recovery Numbers

Housing Market Shrugging Off Rise in Mortgage Rates

Mortgage rates may be inching up, but they have not put a damper on the American housing market’s rebound. The New York Times reports.

Case-Schiller home price index reports across-the-board recovery, namely in some of the metropolitan areas who were a little sluggish during the onset of the recovery process.  Charlotte continues to boast recovery numbers – not bubble-bursting numbers but, solid, steady increases.

Read the full Case-Schiller report (6/25/2013)

Below are the most recent Charlotte real estate market report data for 6/26/2013

Charlotte NC Average Home Sales Prices

Charlotte NC Home Sales Price Per Square Foot

List to Sales Price Ratio in Charlotte NC

Months Supply of homes on the market in Charlotte NC

Data provided from CMLS and deemed reliable but, not guaranteed.

Debe Maxwell www.iCharlotteRealEstate.com‘s insight:

“The Standard & Poor’s Case-Shiller home price index on Tuesday showed a 12 percent increase in prices in 20 cities from April 2012 to April 2013, the largest gain since early 2006, when home values began to level off in advance of the market collapse. The rate of new-home sales also picked up to its quickest pace since July 2008.”

See on www.cnbc.com

See on Scoop.it - Charlotte Real Estate

Debe Maxwell | Savvy + Company Real Estate | [email protected] | Housing Market Shrugging Off Rise in Mortgage Rates

Debe

I am a full-time REALTOR® personally specializing in historic homes and luxury home sales in the Charlotte NC real estate market. My team specializes in a variety of areas including first time home buyers, condos and townhomes as well as single family home sales and marketing.   Follow me on Google+

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