Monday, November 14, 2011

Charlotte Biz Journal Reports Home Closings Up in Charlotte

Great to see some positive press in the media.  I just receive this Charlotte Business Journal article from Helen Adams President, Jeff AdamsReal Estate Sale are Up in Charlotte .  The business Journal has pulled stats from our local MLS and reflects that October sales in 2011 increased by 11% from October 2010 or 1882 closings compared to 1674.  Average home prices, however, dropped 3.6% from $202K to $197K.  Still issues with supply and demand but the Charlotte market has been trudging around at the bottom of this mess and will eventually begin to make a recovery.  Loan rates are low and inventory levels are down....it's a Great time to buy!

BryantStadler, ePRO Realtor

http://www.bryantstadler.com/

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