Charlotte NC Real Estate Market Report - December 2011
I'm happy to share my Charlotte NC Real Estate Market Report for December 2011! Whether you are thinking about selling your Charlotte NC home, or are considering buying a home in Charlotte, NC, this report should give you a better understanding of the current real estate market in Charlotte, NC.
You may be either encouraged or discouraged by my Charlotte NC real estate report - primarily based on whether you are a potential Charlotte home seller or Charlotte home buyer! As a home seller, you will notice that the average sales price of Charlotte NC homes for sale in November, 2011 was $192,472, a decrease of 1.21% from last month (October 2011), but a year-over-year decrease from November 2010 of 10.58%. The Charlotte NC real estate market experienced a 13.38% increase in home sales from November of last year, but a 10.41% reduction in home sales from last month (October 2010).
If you are a Charlotte NC home buyer, the picture couldn't be rosier. Home prices have fallen, and mortgage rates are now averaging BELOW 4%! The purchasing power created by such low mortgage interest rates is astounding. Call me to find out how much difference just 1 percentage point can make in your purchasing power.
The Charlotte NC real estate market remains healthy, relative to many areas of the country. If you are considering selling your Charlotte NC home, please contact me for a no-obligation consulation on the current market value of your home. Although you may be concerned about a potential "loss" in your home's value, remember that the next home that you purchase will be at a similar reduce price - it's a fantastic time to "move up" to a home that may have been financially unattainable to you in the past!
If you are considering buying a home for sale in Charlotte, NC, I can certainly help you in your home search. My specialty is homes for sale in South Charlotte NC, but I am licensed in NC and SC, and cover the entire Charlotte area. Call me to discuss your dreams and goals, and I can help make them happen! What you focus on, expands! If you think it, you can make it happen!