Despite a pretty rough month of economic news, here in Lake Norman we actually had some news to be thankful for in November! As I anticipated last month based upon the higher numbers for Conditional and Pending home sales in our Lake Norman area, we posted some relatively strong numbers in November when compared to last year and even [...]
Once again, we had a month of a plethora of real estate and economic news which could be strategically used to support a positive or negative evaluation of our present and future real estate market. Many economists have declared that our recession is officially over but to expect a rather slow recovery. At the same time [...]
If you have been following the national real estate business news this past month, these are just some of the comments/headlines you might have read: “Credit shortage has strangled recovery; households are in bunkers under collapsed net worth, and not coming out until home values are safe.” (Lou Barnes, Inman News) “The [...]
The future of our Lake Norman Real Estate market may depend as much on government and financial regulations and the progress of the US economy as it does on our local economy. Nationally, the housing market has been greatly impacted by new regulations that have made the ability to get home loans much more [...]
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 [...]