housing market recovery: Place Your Bets on Charlotte, NC to Lead the Housing Recovery - 03/11/11 03:13 AM
Charlotte, NC has recently received many high rankings from respected magazines, websites, and real estate experts.  They believe the Charlotte metro area will have one of the strongest housing recoveries in the country. 
In February, CNNMoney ranked Charlotte as the 9th best housing recovery bet.  They noted that the corporate expansion and the number of companies relocating to Charlotte, NCwill lower the unemployment rate by putting many of the Charlotteans back to work.  The article also mentions how good properties are getting multiple bids and are moving quickly.  This has proved true.  I have experienced more multiple offer situations this year than last.
Builder Magazine recently … (0 comments)

housing market recovery: What Is Causing Buyers To Finally "Get Off The Fence"? - 02/20/11 05:25 AM
What Is Causing Buyers To Finally "Get Off The Fence"?
Ask any real estate agent, developer or builder about the current real estate market and they will probably tell you that things seem to be picking up.  Allen Tate's new home division has had its best 4 months in the past 2 years.  What most people want to know is what is causing the increase.
It seems that you will get a different answer depending on who you speak with about what has caused the increase in buyer activity.  I am not convinced that anyone really knows.  The news that we watch and read is confusing … (42 comments)

housing market recovery: What's Slowing the Housing Market Recovery? - 10/08/10 04:27 AM
What's Slowing the Housing Market Recovery?
There was hope that the housing market would recover a bit in 2010 but it seems that the year has been pretty flat lined compared to last year.  Yes, all markets saw a jump in sales due to the tax credit and then the markets plummeted to record lows from May through July.
We have seen slight improvement since the summer months but the recovery is definitely happening slower than we would want and slower than what was forecasted. 
If interest rates are at record lows and home ownership affordability at a record high, why aren't there more buyers?
… (4 comments)