The music is going to stop.... A picture says a thousand words....home for sale inventory is nearing historic lows in many of Charlotte's most desirable neighborhoods and overall in Charlotte MLS home for sale inventory is down 56% from two years ago! (see charts below) The Montibello neighborhood MLS statistics are striking: there is only a 1.9 month (57 day) supply of homes..that's right if [...]
Alex, What is buying a home? Yes, buying a home now is the best opportunity in your lifetime! Who says that? Lost in last year's "secretarial tax rate" and Buffet Rule noise was an interesting, profound and personal statement about home ownership by Warren Buffet, arguably the greatest (and most frugal) billionaire investor of all time. In an interview his infamous secretary Debbie Bosanek related [...]
OK (asterisk) it's not Charlotte's Southpark neighborhood...but we thought it was pretty cool that (a) South Park (Los Angeles) was forecast to be one of the hottest neighborhoods in 2013. So why are we writing about LA real estate? Because Charlotte is a relocation mecca and we have always felt that when the housing market improved we'd see a influx of home buyers relocating TO [...]
...it might be time to jump in! We've talked often about Ardrey one of our favorite Charlotte neighborhoods. Right now all the front porches are decked out with Halloween goblins and ghouls which will soon (not TOO soon) be replaced with the most magical Christmas Winter Wonderland decorations anywhere in Charlotte! Like many Charlotte neighborhoods Ardrey is doing great average price per square foot is [...]
It's true and it's for real the Charlotte residential real estate market is (has been) turning around! The monthly supply of homes for sale in Charlotte MLS Area 5 is at a four year low. Right now the desirable MLS area 5 home inventory is 7.5 months - that's down 36% from a year ago 11.7 months and has not been this low since July [...]
I think the Charlotte housing market has been making us all pretty dizzy. One month Charlotte home prices are up the next they're down... Blood Sweat and Tears had it half right what goes up does come down but it also comes back up. While the overall Charlotte home market on average is looking much better the following MLS statistics show that the statistics for [...]
see more Cath Schneider photos http://500px.com/photo/3336596 Standard & Poor's Case Schiller Home Price Index indicates that home prices in the Charlotte area are on the upswing. Charlotte home prices rose one percent in June 2012 versus May 2012. This is the fourth straight month of rising home prices in the Charlotte MLS area. According to Rhonda Gibbons Realtor Savvy+CO... "I'm seeing a lot [...]
Erwin Wurm sculpture Museum Moderner Kunst* What's up with Providence Downs? One of Charlotte's favorite new neighborhoods is racking up ALL TIME lows in...wait for it....Homes For Sale! *No Providence Downs homes were harmed writing this blog post. That's right the awesome Providence Downs is SOLD OUT (well kinda). Look at these Providence Downs Neighborhood statistics from Charlotte MLS: The number of homes [...]
While the Mountainbrook MLS statistics are striking we' not that surprised. Classic Southpark area neighborhoods like Mountainbrook, Barclay Downs, Montibello, Foxcroft and Sharon Woods are super popular...again. In fact we just received a unsolicited letter asking if we'd be interested in selling our Montibello on Sentinel Post Rd. That has happened to Charlotte homeowners since before the housing mess. Back to Mountainbrook...so what's going on? [...]
