Every month we look at the activity of the market for the previous month which
is provided by the Charlotte Regional Realtor Association.
Here is the just some of the stats for August and a little glance at what the
overview from the association was.
“Home prices were up during summer across the nation in year-over-year comparisons.
With the economy on full mend, Federal Reserve Chair Janet Yellen has predicted a
fine-tuning of monetary policy before the year ends. In tandem with the improved
economy, the unemployment rate for July 2015 remained at 5.3 percent for the second
month in a row. It is widely believed that interest rates will go up before the year is over.
Generally, this does not happen without careful consideration for the impact such a
move will have on residential real estate.”
~ All data from CarolinaMLS. Report provided by the Charlotte Regional REALTOR®
Association. Powered by 10K Research and Marketing. ~
We know we are coming into a part of the year that is traditionally a little more slow,
so we’re sure we will continue to see a slight dip in the activity. We’ve had a strong year
in Charlotte overall and expect to continue throughout 2016, as we have more and
more people relocating to the city & we have new buyers getting ready to make their
transition next year.
We invite you to explore the homes that are currently on the market & feel free to
follow us on any of our social medias to keep updated on the market conditions in Charlotte.
It’s a great time to think about selling your home with the inventory low, but realize the
challenge that presents when attempting to finding your new one. We keep our pulse on
lists as they enter the market & feel confident we can assist you and find the right home for you.