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 [...]
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 [...]
While I wrote last month that the Lake Norman real estate market was on a bit of a roll, this month I can now say that it is down right strong. Not only did we exceed last month’s relatively strong numbers but our August 2011 Lake Norman home sales were the second highest month since our peak in 2007! [...]
Lake Norman Real Estate’s 2012 Housing Market Predictions
Let’s face it, we are being bombarded by economic predictions of all kinds this month; so much so that I even hesitated to add my own to the massive pile. But, since my mission is to provide you with insight into our Lake Norman housing market and the role the national, state and local economy plays on [...]