A few years ago, one look at the Charlotte Observer's classified ads and you would think that everyone in Charlotte was selling their home! It would take multiple pages to hold all the homes for sale.
But today, I just noticed something. The Observer's real estate classified ads section is very small. So small in fact that they have had to sell a "special insert" to one of the largest companies selling real estate in Charlotte in order to appear to still offer real estate ads!
So why the decline?
Well it is certainly not due to a lack of homes for sale. Charlotte home buyers have more choice today with Charlotte homes for sale than anytime in recent history!
I think it is the internet. With online services like Charlotte Single Property Websites and Craigslist, people are moving away from the printed ad and more towards online medium. And with over 70% of all potential home buyers starting their Charlotte home search online, who can blame them? You want to go where people are looking!