Pro Tips for House Hunting Online

Hunting for a new home online is a great place to start your search, but it should not be your end all be all. Good listing agents are excellent at highlighting the best features of the home, but keep in mind there may be more than meets the eye. To make the most of your time and efforts and gather a well-rounded picture of home listings online, keep the following three things in mind.

  • Stay up to date. When you start your search, make sure you find a site that pulls up-to-date listings directly from the multiple listing service (MLS) where real estate agents actively post their most current homes for sale. For my clients, I highly recommend using the online MLS portal I create for them, as it pulls data directly from the MLS in real time. Many online resources update less often or fail to remove listings that are off the market, making it more difficult to sort through the clutter.
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Mid-year market data shows that overall sales activity for the first half of the year is on par with last year’s activity

CHARLOTTE, N.C. – According to data from Carolina Multiple Listing Services, Inc. (CarolinaMLS), sales of homes in June across the 16-county Charlotte region fell by 6.1 percent year-over-year during what is typically prime selling season. However, overall sales year-to-date are steady, and sales during the first six months of this year are actually up 0.8 percent compared to the first six months of 2018.

June’s closed sales compared to the previous month (May 2019) were down 2.0 percent, with 97 more homes sold during May 2019 than June 2019. Continue reading “Mid-year market data shows that overall sales activity for the first half of the year is on par with last year’s activity”

Cornelius and Davidson Rank High on Best Beach Towns List

When you think beach towns, the first thing that comes to mind is likely somewhere in Florida, or maybe the North Carolina coast, the Jersey Shore, Hawaii, or California. But what about lake area beach towns? Fortunately, if none come to mind, the website WalletHub just posted a list of the Best Beach Towns to Live In, with rankings for both ocean and lake towns. 

Based on 62 key indicators of livability, their study found the top three lake beach towns to live in are Traverse City, MI (Lake Michigan), Folsom, CA (Lake Folsom) and Cornelius, NC (Lake Norman). Also ranked high on the list at number 7 was Davidson, the only other east coast town to make the top twenty. Continue reading “Cornelius and Davidson Rank High on Best Beach Towns List”

May Market Report: Demand Increased Relative to Supply

Here are some of the highlights from the May 2019 Charlotte Region Monthly Indicators report, compiled by the Charlotte Regional Realtor Association:

New listings increased in the Charlotte region by 2.8 percent to 6,587 for the month of May, compared to May 2018. Pending sales increased 17.3 percent to 5,627, while inventory was down 10.1 percent to 9,443 units in comparison to last year at this time.

Prices moved higher as Median sales price was up 5.7 percent to $259,900, and months supply of homes for sale was down 11.5 percent to 2.3 months, indicating that demand increased relative to supply. Continue reading “May Market Report: Demand Increased Relative to Supply”