National Real Estate Report Demonstrates Charlotte's Market Strength and Value

Fannie Mae released what many consider the most comprehensive national "sales report" a few weeks ago on the nations housing. While the headline was NOT good, and the nation is faced with a housing depression the likes of which may not have been seen for 50 years, Charlotte and a handful of cities fared well. 2 years into the nation wide housing decline, Charlotte had a 6% increase in prices year over year through March, though it fell off in April to 1.5%. Still positive, and still not bad at all. I remind myself daily how fortunate I am be in Real Estate in Charlotte, NC!

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Home Sales notes from the Charlotte Carolina MLS

In the last month, 2,653 single family homes were closed (sold) in the "greater" Charlotte area covered by the MLS

36 Waterfront homes closed

32 Homes on the Golf Course closed

The most expensive listing in the MLS? $10,500,000 for an estate on Upper Lake Norman,

in Sherrills Ford-- here is the description:

One of the southeast's most spectacular private gated estate properties. 200 yr old farmhouse totally updated with adjacent poolhouse on rolling 100 +/- waterfront acres. Two private coves, fully functioning horse farm, 3 private ponds, helo pad, racquetball court, par 3 & chipping green, dramatic gated entrance, Wine grotto adjacent to pond. Third private home on site, extraordinary property

So yes, I can represent you on the purchase of this property. Call me! :)

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Moving to Charlotte? Considering a Move? Call me, Terry, about these or any other homes in the greater Charlotte area at 704-351-1519 or Search All Charlotte Homes-By Area , for that perfect home in Charlotte.

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