Latest news on the Charlotte region real estate market, how corona visus is affecting the market and what it means for you...
Corona virus impact for the weeks ended May 2nd and May 9th showed continued year-over-year decreases in new listings, in inventory, and closed sales. On the "good news" side, pending sales increased 14%year-over-year. Home showings were also down in each of these weeks year-over-year. However, home showings increased week-over-week and that is a good sign. The increase more than likely is due to the lifting of in-person showing restrictions in Mecklenburg County as of May 1st.
Meantime, inventory remained tight … (22 comments)
Latest news on how Corona Virus impacted the Charlotte region's real estate market in April and what it means for you...
Normally, the month of April in the 16-county Charlotte region is one of our busiest home sales months of the year. Corona virus restrictions on showings and stay-at-home orders from late March through April significantly impacted home sales in the Charlotte region; especially so in Mecklbenburg County, where Charlotte is located and where we saw the most onerous restrictions on home showings.
Closed Sales: down 20.8% year-over-year and down 16.9% … (28 comments)
;)
;)
;)
