Charlotte NC Real Estate Recovery
What’s happening this week in Charlotte real estate? The same thing that has been going on since February–RECOVERY! We’re seeing more and more multiple Offer situations on resales and builder confidence is on the rise! Here are the latest Charlotte Proper stats for the week.
Here’s a great piece on the national recovery…remember, real estate is LOCAL! Via Scoop.it – Real Estate Across America
The residential rebound is under way in fits and starts, but it is volatile, and it is local.
“The pace of the recovery is uneven, however, with certain local markets showing greater strength and more normalized activity than other areas where a rebound will take longer to manifest,” says Jeffrey Mezger, president and CEO of KB Home [KBH 8.90 -0.14 (-1.55%) ], which recently missed earnings expectations by a lot. “We expect that the housing market in general will gradually strengthen as the economy continues to advance.”
Via www.cnbc.com