Below is a quick update on the Charlotte Real Estate Market through August 2022.  You can always search available homes at www.CLTREA.com and if you have any questions, please do not hesitate to contact me!  

Comparing August 2021 and August 2022, Pending Sales in the Charlotte ...

The current market is being shaped by a spike in mortgage rates, increased building costs, and extremely low inventory that continues to drive prices higher in the Charlotte Region.  For the 12- month period spanning June 2021 through May 2022, Pending Sales in the Charlotte region were down 3 ...

Below are the updated statistics for Charlotte and the Surrounding Areas through the end of February 2022.  With inventory levels still low Charlotte continues to see an extremely strong Seller's market.

For the 12-month period spanning March 2021 through February 2022, Pending Sales in the Charlotte region were up ...

The US inflation at its highest level in nearly 40 years.  Economists expect the actions taken by the Federal Reserve to combat inflation will move mortgage interest rates higher through the end of 2022. Although still low by historical standards, an increase in interest rates may reduce buyer demand ...