Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Nina,  Great report from you again from your area.  Now we need to get the figures headed back up again.  Make it a good one but stay safe.

 

May 14, 2020 11:38 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

As expected that is what happens when a force majeure shows up..  And then we rebuild...it is part of life.  A

May 14, 2020 11:41 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Will Hamm hi Will... I knew it wasn't good, but didn't think we were doing worse than 2009. Let's hope for a faster recovery this time around.

May 14, 2020 11:42 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... the underlying problem is that I could argue multiple scenarios of where this will go in coming months... all of the, equally well! 

May 14, 2020 11:43 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nina,

What I have learned having lived through a major earthquake,a banking debacle,  fires and storms, is that what matters most is how you handle it and come out. of it.  Many will use it as an excuse/reason to justify their existence...others will just continue to thrive...which is one reason I don't pay attention to every thing people predict or carry on about.....A

May 14, 2020 11:54 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Nina - I knew that the Charlotte area you serve was large but I didn't realize it included 16 counties in the region.  Despite many challenges, you represent area real estate well with experience, proven results and local knowlege that makes your practice one that is important for those interested in making a move.  This property-by-property approach is people-oriented.  

May 14, 2020 12:08 PM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I am sure that things will get right back on track after the Rona stuff is in the past.

May 14, 2020 12:16 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Ron and Alexandra Seigel hi Alexandra... I'm from the same school of thought as you. But clients are asking for opinions and advice and we can't shy away from honest discussions with them... at the same time I don't want to confuse or frighten them.

May 14, 2020 12:32 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Michael Jacobs hi Michael... we are a huge metro region in two states, no less. I normally just focus on the four counties where I do most of my sales. But I also sell in several other adjoining counties. It's a lot of information to keep track of for clients.

May 14, 2020 12:34 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Brian England hi Brian... we can only hope. On the good news side, demand for homes remains strong... now we just need inventory to support the demand.

May 14, 2020 12:35 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nina slow sales are going to continue if we don't open things back up again.  I understand the need to take precautions with the COVID-19 Virus, but we are going to start many casualties if we continue with this shutdown, and Real Estate will feel the impact for sure.

May 14, 2020 01:06 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

George Souto hi George... you are spot on. Right now sales have been down due to showing restrictions and people staying at home. But if the economy doesn't open up sales will stay down for a totally different reason.

May 14, 2020 01:16 PM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I Love how you mention "What it means for you" Nina Hollander . It is similar here

May 14, 2020 03:59 PM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Charlotte Region home buyers and sellers are sure to value your real estate market report, Nina.

May 14, 2020 04:46 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I don't even want to think of the 2009 epic...

Happy Thursday Nina Hollander 

May 14, 2020 10:22 PM
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Nina.

Things were going great until the first of March.  Now, things are starting to pick up again, but slow.  

May 15, 2020 01:05 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Scott Godzyk Thanks, Scott... I suspect many of our markets are very similar in terms of April sales results.

May 15, 2020 05:54 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Myrl Jeffcoat good morning, Myrl... right now, buyers and sellers should not be making life-altering decisions without facts.

May 15, 2020 05:55 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Paul S. Henderson, REALTOR®, CRS you and me both, Paul. 2009 was a very difficult year. Happy Friday and weekend-to-come to you!

May 15, 2020 05:56 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

James Dray hi James, we actually had a good March here and with the strong first quarter showing we are year-to-date in a relatively positive situation. But if May number don't turn around after such a bad April, year-to-date numbers will also start slipping.

May 15, 2020 05:57 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Nina. As we read reports from all over the country the one thing I am sure of is we will survive. Enjoy your day!

May 15, 2020 06:03 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Wayne Martin good morning, Wayne... I've always known we would survive... this issue is explaining to our clients just how and when.

May 15, 2020 06:08 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Nina, I would think that all markets are feeling this same challenge. It's good that you are keeping track of these reports for the consumers knowledge, but it will get better!

May 15, 2020 06:22 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400 hi Sheila and Larry... it has to get better... otherwise we are really in a big hole. And I don't want to "go there" in terms of my thinking.

May 15, 2020 06:36 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi
NMLS #216987, IL Lic. 031.0006220, WI Licensed. APMC NMLS #175656 - New Lenox, IL
708.921.6331 - 40+ yrs experience

I like your approach, Nina Hollander ... concise, precise, factual.  People must be educated and have the facts to make sound decisions.  With your market reports, you assist them in each.  

Gene

May 15, 2020 10:22 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi hi Gene... I learned a long time ago that most people go googly-eyed on you when you start providing lots of statistics... it's really important to make it easy for them to read and digest.

May 15, 2020 10:29 AM
Gene Mundt, IL/WI Mortgage Originator - FHA/VA/Conv/Jumbo/Portfolio/Refi

Chuckling here ... as you just described many of my clients when talking about their closing costs and mortgage process.  Lots to absorb ...


Gene

May 15, 2020 11:08 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Friday afternoon, Nina. Have a nice evening and a very special weekend.

May 15, 2020 12:03 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Nina:

It's always interesting to read about what's going on in other parts of the country, especially those markets that have been really busy.  We have also seen drops in sales from last month and a year ago in some communities.

Jeff

May 16, 2020 11:52 AM
John Henry, Florida Architect
John Henry Masterworks Design International, Inc. - Orlando, FL
Residential Architect, Luxury Custom Home Design

Hi Nina, while your reports are really great and informative, the bottom line is that life must go on and people have to move for various reasons.  The folks that are retiring have to sell.  The people who just moved into the area have to buy.  Many are fleeing the great cities to smaller rural areas at this time.  People who have planned their dream home are not going to be deterred, maybe slightly delayed at most!  Things WILL get better and we all have to hang in there and keep up what we do normally.  Thanks!

Jun 13, 2020 04:32 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

This year used home sellers are very limited. The investment home buyers are non-existant as many can not collect or evict tenants.  I have new home buyers.

Jun 13, 2020 08:03 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Roy Kelley good morning, Roy... thank you for the good wishes. I'm busy this weekend putting the finishing touches on a new listing that comes on market next week.

Jun 13, 2020 08:13 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Jeff Dowler, CRS hi Jeff... part of our drop in sales was due to inability to show homes during March and April. Another part and it's continuing to haunt us the the lack of inventory.

Jun 13, 2020 08:14 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

John Henry, Florida Architect good morning, John... no doubt that there will always be people who have to move and those moves are probably just delayed. But there are also quite a few who don't need to sell and trade up... and they are taking a back seat for now... I've got a few clients like that myself.

Jun 13, 2020 08:16 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Sam Shueh hi Sam... our market has been short on resale inventory for years... the pandemic only exacerbated the problem. As for investment buyers, in our market right now it's often less to do with one's options with tenants as more to do with the fact that continuing price increase don't let the investment pencil out.

Jun 13, 2020 08:18 AM