If you are a home buyer or seller in Lake Norman, it really only matters what is happening in YOUR price-range. Yes, it is important to know about the global economy, the national economy and the Charlotte area economy and real estate market but real estate is hyper-local so it is most meaningful to learn about the Lake Norman [...]
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 [...]
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? [...]
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 [...]
Lake Norman Real Estate’s January 2012 Hot Sheet is Warming Up!
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 [...]