Cabarrus County / Charlotte Metro Real Estate And Community News

 

Feb. 8, 2021

Are You Prepared for the Upcoming Real Estate Market?

As we start the new year, here's a quick snapshot of the real estate market in our area during the pandemic.  For those who may be concerned about buying or selling this year, the market in 2020 was better than any other year over the last 10+ years.  Number of homes closed, dollar volume closed, and price per square foot all increased significantly. I'm not an economist, but most of the "experts" believe that the market will continue to remain strong over the next several years.

 

Number of Homes Closed

Number of Homes Closed

 

Dollar Volume Closed

Dollar Volume Closed

Closed Price Per Square Foot

Closed Price Per Square Foot

 

Liz, Matt and I are here when you need us. And if you are curious about the current value of your home, we will be glad to do a free market analysis for you.  No obligation - just let us know.

Glen

Posted in Real Estate News
Dec. 21, 2020

Did You Check the Wrong Box or Was It Me?

It has been a tough year for everyone in many different ways. Our family's thoughts and prayers go out to those who lost someone due to COVID or other illnesses. We're grateful for the medical community on the front lines, willing to risk their lives to save others. Like everyone, I have an opinion about the election and the direction of our country. On a personal level, though, I don't care which box you checked. We've all got to give a little to move forward.

Our family has been blessed with 3 new members this year: our grandson Luke, our son-in-law Owen, and Dad's new wife Carol. 

Matt, Darian, George & new grandson Luke

                    Hannah and Owen Wedding

                    George and Carol

 

I know I say this every year, but a heartfelt thanks to our family, friends and clients for allowing us to make a living doing something we love. We are grateful for your business and friendship. Merry Christmas.

Glen

Posted in Real Estate News
June 8, 2020

Good News

Our Current Local Real Estate Market in 3 Sentences:

1. The market is exceptional right now.

2. 6,500 homes went under contract in May, which is more than any single month in the last 10 years.

3. Homes are spending less time on the market, and year-over-year price per square foot is up.

 

Number of Charlotte Area Single Family Homes Under Contract

Number of Charlotte Area Homes Under Contract

 

Price Per Square Foot

Price Per Square Foot

 

Average Days on Market

Average Days on Market

 

As always, contact us if we can help with any questions you might have regarding buying or selling now and in the future.  Matt and I are always glad to talk with you.

Glen

Posted in Real Estate News
Jan. 29, 2020

I am NOT a Mechanic

By Matt Tucker:

Several weeks ago, I purchased a car to tinker around with. I convinced my wife that we should purchase the car because it was inexpensive, and I would do all of the repairs & maintenance myself. 

So far, my DIY experience has been abysmal.  Whenever I fix one thing, I break two. Whenever I think that I can do something cheaper than a mechanic does, it costs me more and eats up a bunch of my time. Ultimately, it is a lot of trial and error accompanied by frustration.

Just like I decided to fix my own car, there are many people who decide to sell their own home. Most likely they CAN sell their home. Just like I CAN fix my car. But at what cost of time, money and frustration? A good realtor has the know-how and tools to get your home sold for the most money, in the least amount of time. Just like a good mechanic, a good realtor also helps identify both issues and their solutions early in the game, so that errors are minimized along with your stress levels. 

Save yourself the hassle, and always use a good realtor when buying or selling your home. Save your friends the hassle, and make sure they are recommended to a good realtor.  We would love to speak with them about the value we provide.

Matt 

Posted in Real Estate News
Jan. 25, 2019

2019 Local Real Estate Market

In general, I don't expect anything crazy to happen unless the political and economic climate become big influencers.  Our local economy and job market will continue to help our housing values appreciate, but at a slower rate than the last few years.  A 5 - 10% increase in inventory should help balance the market, although it will not be enough to put us into a buyer's market.  While all price points will see growth, well-staged homes priced at $200,000 and below will be hot properties and generate multiple offers.

Local Price Appreciation Forecast

Realtor.com - 4%

Zillow - 4.5%

Glen - 5%

 

Contact Us

Please contact us if we can help you with your real estate needs or questions.  Matt, Amber, Liz and I are always glad to talk about real estate.  

Glen

 

 

Posted in Real Estate News