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 [...]
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 [...]
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 [...]
Our Lake Norman real estate market has been on a postitive roll since June culminating in a rather impressive October with 81 closed sales, a number that matches the best October in Lake Norman home sales since 2007! (I have been expecting this to be the case for several months due to our high pending home sales [...]
Lake Norman Real Estate’s December 2011 Hot Sheet in Not So Hot!
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 [...]