I got a call yesterday from a potential buyer for one of my listings. He told me he would like me to present an all cash offer of $350,000 for a property I just listed at $429,000. With a little prodding I was able to find out that he hadn’t seen the home and didn’t [...]
March makes it three; three months in a row of increases over prior year and the last two months have been the highest closed single family home sales in Lake Norman since 2007. This is the longest uninterupeted string of month over month sales increases since the 2010 housing rebate program. It is important to note that [...]
Ask any Realtor active in the Lake Norman residential market how business is and they will collectively smile and say great. But, are the current Lake Norman sales evenly distributed around all 4 counties that share waterfront land on Lake Norman? Over the past few years I have created sales charts focusing on all [...]
While I anticipated weak sales before an upswing this month, January wasn’t actually too bad. We squeaked by just equaling our January 2011 sales It is important to note that these numbers are only as good as the agents who report them. Expect an adjustment in our 46 sales in January upward perhaps two more sales by the end of the [...]
Lake Norman Real Estate’s April 2012 Home Sales Analysis
April makes it four; four months in a row of Lake Norman home sales increases over the prior year….but barely! As of today our closed sales are just equal to April 2011′s (See Below!) but I expect at least 3 or more April sales once all of the agents have input their data into our MLS which is the case every month. Unlike [...]