Spring Has Sprung! Charlotte (Proper) Homes for Sale are UP 28.6% Year-Over-Year We've all been waiting for inventory to surge (dramatically, if at all possible!) over the past few years and for the first year in a while, we are finally seeing an increase in inventory. Spring has finally sprung in Charlotte! Charlotte Homes for Sale are UP 28.6% since last year - a healthy increase. We are seeing buyers back on their searches, ready to pounce when the perfect home hits the market for them. Charlotte MSA homes for sale are up 26.3% and our entire MLS (from Chimney Rock to Clemmons & … Continue reading...
The Housing Bubble Discussion Again?
The Housing Bubble Discussion Again? I can’t tell you how often I am asked when I ‘think this bubble is going to burst.’ The ‘mockingbird media’ tends to believe that we are in the midst of a major bubble and that we are soon to be in a world of hurt! This is not about a ‘bubble,’ this is about simple economics, supply & demand. When asked if today’s high buyer competition and rising home prices are evidence of a housing bubble, Lawrence Yun, Chief Economist at NAR, said “thisis not a bubble. It is simply lack of supply.” Today’s housing market is healthy and rising prices are … Continue reading...