January 2014 - Charlotte, NC Real Estate Market Update

By
Real Estate Agent with Helen Adams Realty

January 2014 - Charlotte, NC Real Estate Market Update!

 

The Charlotte Real Estate Market for January 2014 according to the Charlotte Regional Realtors Association had a really good start for a new year! It’s a great indicator of a stabilizing and healthy market.

 

  • New listings increased 2.3% to 4,027

  • Pending sales were up 6.2% to 2,778

  • Inventory levels shrank to 6%

  • Absorption rate supply down 17.4% to 4.7 month supply

 

What is recognized is we have fewer foreclosures, more new construction and increased seller activity.

This is a great time for buyers and sellers to consider their situation. Interest rates are still attractive but will probably continue to rise in 2014. If sellers who were hesitant in the past do a re-assessment of  their value, they will probably find that they are in a completely different position.

 

We hope you are excited about our 2014 real estate market in Charlotte, NC, this is the best time to consider buying or selling.

                                                       Love Charlotte, NC

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If you have any questions about any of my blog posts, please feel free to contact Evelyn McCorkle at  emccorkle@helenadamsrealty.com. or (704) 957-3558, visit my website at  www.evelynmccorkle.com  Your Charlotte, NC Trusted Real Estate Advisor!

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Topic:
Real Estate Market Trends
Location:
North Carolina Mecklenburg County Charlotte
Tags:
market update
charlotte
real estate
january 2014

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