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Charlotte, NC Housing News--MORE Good News!

By
Real Estate Agent with Savvy + Company (704) 491-3310 228209

Our favorite writer, Allen Norwood, brought to our attention today in theCharlotte Observer, that our housing market continues to show steady growth.  Check out Zillow's Quarterly Report and the National Association of Homebuilders and Wells Fargo Housing Opportunity Index.  The HOI shows that the national index is 42 and Charlotte is out-performing with a 59.5 Housing Opportunity Index. 

I know that Zillow isn't a Realtor's favorite site but, positive news is positive news--especially in the public's eyes!

Founder's Circle


Debe Maxwell, ABRRealtor®/Broker
HELEN ADAMS REALTY
2301 Randolph RoadCharlotte, N.C. 28207
704.491.3310  Direct
704.845.1036Fax
Debe@DebeMaxwell.com
http://www.debemaxwell.com/

 

Comments (18)

William Moore
Innovative Realty - Londonderry, NH
Not too concerned with Charlotte Real Estate, but I have learned something nonetheless.  How long have you been using the HOI and how has it helped in your business?
Dec 01, 2007 05:51 AM
Jeff Kessler
Austin Homes, Realtors www.OwnAustin.com - Austin, TX
Broker,CLHMS,GRI

Looks like good news is coming back.  It will be awhile, but it is a good start.

J.

Dec 01, 2007 05:56 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Hi Bill,

I'm sure that living in NH you're not too concerned with our market here--but, I absolutely LOVE Charlotte and am an eternal optimist and just love to tell the world that our market is doing just fine!!  Sorry to bore you with more statistics on the Charlotte market!

I don't use it to 'market' in general but, the Observer posts the results each quarter and I go out to the HBA site to check out more local information.  It's just more data to keep me informed--that's all!

Thanks for the post!

Debe

Debe Maxwell, ABR
Realtor®/Broker
Coldwell Banker United, Realtors
YOUR Charlotte Five Star Team!
4720 Piedmont Row Drive, Suite 360
Charlotte, N.C. 28210
704.491.3310  Direct
704.364.1092  Fax
Debe@DebeMaxwell.com
http://www.debemaxwell.com/

Dec 01, 2007 06:01 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thanks for your post Jeff! 

Debe

Debe Maxwell, ABR
Realtor®/Broker
Coldwell Banker United, Realtors
YOUR Charlotte Five Star Team!
4720 Piedmont Row Drive, Suite 360
Charlotte, N.C. 28210
704.491.3310  Direct
704.364.1092  Fax
Debe@DebeMaxwell.com
http://www.debemaxwell.com/

Dec 01, 2007 06:06 AM
William Moore
Innovative Realty - Londonderry, NH
Debe, you didnt bore me.  Actually I put a lot of statistical info into my Blog so it is interesting to see how others are relresenting their market and what tools they use.  Thanks again for a new tool and keep that optimism going.  Optimism may not sell newspapers but it sure can do a lot for Real Estate.
Dec 01, 2007 06:18 AM
Susan Trombley
Trombley Real Estate - Wake Forest, NC
Broker/Realtor, Raleigh, Cary, Wake Forest, Youngs
I am hearing good news everyday that March 2008 we should see big changes.
Dec 01, 2007 06:21 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thanks Bill!  I agree with you whole heartedly!

Dec 01, 2007 01:58 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Then I'm REALLY looking forward to March, 2008 Susan!  Thanks for your feedback.

Dec 01, 2007 01:59 PM
Scott Smith
Coldwell Banker Residential Brokerage - Gloucester, MA
Gloucester & Rockport, Massachusetts

Debe:

It was great to read you post. The market here in Gloucester Mass is doing rather well. The media here loves to beat real estate (and realtors) up. It is a hobby. They forget the years of runaway appreciation and focus on this "rough patch."  

How does the media do in Charlotte regarding real estate matters? 

Dec 01, 2007 02:13 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Hi Scott,

Thanks for your feedback!  If it's negative/doom & gloom, then it's in our papers too!  You're right, it IS a hobby for them and I truly believe that they think that negative/bad news is what sells their paper.  It is unfortunate for us because the general public tends to focus on what the papers say and we're constantly 'putting out their fires!'  One of these days, they'll come to their senses--I hope it's in my lifetime!

 Debe in Charlotte, NC

Dec 01, 2007 02:26 PM
Charlotte Home Loans Your Charlotte Mortgage Lender
Charlotte, NC
Isn't this great? 2 weeks in a row and great news about our area! Thaks for highlighting this!
Dec 02, 2007 07:01 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

You're welcome Ed!  I LOVE highlighting the positives about Charlotte!

Debe in Charlotte, NC

Dec 02, 2007 07:55 AM
Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC
Hello Debe,
I continue to hear how Charlotte's market is fairing so well.  Can't believe the newspaper actually reported good news.  What a concept!

Dec 02, 2007 10:50 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Cynthia, I share your media sentiments!  I did hear a read a survey from Harvard released recently that asked who (out of a list of about 15) you trust the most--the media was the least trusted entity!  Imagine that!  Thanks for the comment.

Debe in Charlotte, NC

Dec 03, 2007 05:16 AM
ActiveRain City and State Listing Group
Christiansted, VI
On some of the TV media the other day Charlotte was ranked the 5th fastest growing area in the country. Hopefully for you, that is true.
Dec 31, 2007 12:21 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Don- That is true and we're doing just fine (thankfully) here in Charlotte!  We continue to sprawl as we bring more Fortune 500 companies to the area.  Charlotte is a great place to live!

Debe in Charlotte, NC

Dec 31, 2007 01:50 AM
D B
Quakertown, PA
e-PRO, Realtor - Bucks County PA - 610-952-3578

Well  good news is GREAT news for us Realtors.  Thanks for this information.  December has been very good for me in Pennsylvania as well.  Hope it continues

Don

Dec 31, 2007 02:35 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Don:  I hope your great December carries into and through 2008!  I had a great December as well and was just a bit skeptical after all of the negative publicity.  The Buyers that I have are not really affected by the sub-prime issues so, that bodes well for the Charlotte market!  Happy New Year!

Debe in Charlotte, NC

Dec 31, 2007 02:59 AM