Category Archives: Mooresville Real Estate

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What Role Does Shadow Inventory Play in Lake Norman Real Estate?

By Diane Aurit | Published: January 4, 2012

  There was a rather disturbing article in Sunday’s Charlotte Observer:  Housing glut looms behind region’s ‘shadow inventory’.   It is not the whole issue of shadow inventory that is disturbing but rather the tone of the article, starting with the ominous title itself.  Home buyers are already extraordinarily nervous, why add relatively useless fuel to this fire? [...]

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Lake Norman Real Estate’s December 2011 Hot Sheet in Not So Hot!

By Diane Aurit | Published: December 21, 2011

  Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where our Lake Norman real estate market is at this very moment…an almost live insight into [...]

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Lake Norman Real Estate’s November 2011 Sales Analysis

By Diane Aurit | Published: December 4, 2011

Unfortunately, my predictions last month regarding our November Lake Norman real estate market were accurate.  After relatively strong sales since June, our Lake Norman housing market did slow down in November.  Our sales were down 18% compared to last month’s 88 and 11% from last November’s 81.  However, while we didn’t match November 2010 numbers we did exceed all prior Novembers since [...]

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Lake Norman Real Estate’s November 2011 Hot Sheet

By Diane Aurit | Published: November 21, 2011

  Want the very latest insight into our Lake Norman real estate market? So do I which is why, every month, I do a snapshot analysis of the middle two weeks of the month to get a sense of where our Lake Norman real estate market is at this very moment…an almost live insight into [...]

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Putting the Lake Norman Real Estate Market in Perspective isn’t Easy!

By Diane Aurit | Published: November 12, 2011

I was recently reading a national real estate news article that explained that todays’ monthly mortgage payments are 40% cheaper than 2006.  This is a fascinating perspective of how to evaluate the true cost of a home today compared to our peak of 2006. The article went on to say that “Although affordability has increased….housing demand remains [...]

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