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Category Archives: Market Reports
Lake Norman Real Estate’s August 20, 2010 Hot Sheet
Our local Lake Norman homes sales this month are in step with the US’s rather lackluster housing market. After the bump this spring due to the tax rebates, our Lake Norman home sales have slowed down enough to seem unable to even match 2009 or 2008 sales numbers for the same time period. Lake Norman [...]
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Lake Norman Waterfront Home Sales Analysis 8/15/10
Due to the eclectic nature of our Lake Norman waterfront homes, it is very difficult to make broad brush assumptions and statistical analysis that are truly meaningful. How do we compare a home at the end of a cove to one with main channel shoreline let alone a 1980′s cottage on a rustic road to a [...]
Lake Norman Real Estate’s July 2010 Sales Analysis
Unfortunately, the number of Lake Norman home sales that closed in July underscores the impact of the housing tax credit expiration. Not only did our volume of homes sold fall significantly short of last month’s 104, they also came in lower than July 2009. In fact, July 2010 was actually the weakest July in Lake Norman home [...]
Lake Norman Real Estate’s July 21, 2010 “Hot Sheet”
Given that it is 96 degrees out, I guess this analysis truly is “hot”! As anticipated, all signs point to a significant slow down in our Lake Norman home sales this month after June’s strong numbers fueled by the Federal housing tax rebates. Unfortunately, the Charlotte Multiple Listing Service, from whom I get the numbers for all of [...]
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How are Lake Norman’s Crescent Communities Faring in 2010?